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Comments
Anyway I got the document they sent me and looks like the offer was for end of the lease term as well, not the CURRENT value. I still have 2 months to go.
I have decided to get a new lease. Like the auto dimming mirrors, rearview cam, parking sensors, auto folding mirrors etc.
May wholesale auction #s for R500s ranged from $27-29k. I tihnk it is safe to assume that fall wholesale #s will drop another 5-8% as the '09s come out - so MB finance lower buyouts to right around $25-30k - I suspect they will keep buy out prices $1-3k above wholesale on a model that has very little retail re-sale appeal to dealers - otherwise they risk losing money at auction - god knows the dealers wont want but one or two 3 yr old R500s on their lots....
Here you go for the 06 MB R500's
08/13/08 MILWAUKE Lease $25,750 13,486 Above OBS BLK 8G A Yes
08/13/08 MILWAUKE Lease $25,000 30,424 Above PEWTR 8G A Yes
08/13/08 MILWAUKE Lease $25,000 21,597 Above BLACK 8G A Yes
08/13/08 MILWAUKE Lease $24,500 28,438 Avg ALB WHT 8G A Yes
08/13/08 MILWAUKE Lease $24,000 20,154 Avg ALP RAN 8G A Yes
08/13/08 MILWAUKE Lease $23,750 45,462 Avg BLACK 8G A Yes
08/13/08 MILWAUKE Lease $23,750 24,751 Avg IRI SIL 8G A Yes
08/13/08 MILWAUKE Lease $23,750 22,300 Avg PEWTR 8G A Yes
08/13/08 MILWAUKE Lease $23,000 23,320 Avg ALP RAN 8G A Yes
08/13/08 MILWAUKE Lease $21,750 42,528 Below BLACK 8G A Yes
08/13/08 MILWAUKE Lease $21,750 33,919 Below PEWTR 8G T Yes
08/13/08 MILWAUKE Lease $21,250 31,476 Below PEWTR 8G A Yes
08/13/08 MILWAUKE Lease $20,250 40,363 Below IRI SIL 8G A No
08/12/08 FAAO Lease $25,000 14,674 Above ALP RAN 8G A Yes
08/12/08 FAAO Lease $24,750 17,842 Avg BLACK 8G A Yes
08/12/08 FAAO Lease $24,500 25,001 Avg IRI SIL 8G A Yes
08/12/08 FAAO Lease $23,000 40,375 Avg OBS BLK 8G A Yes
08/12/08 FAAO Lease $22,750 39,796 Avg CPR BLU 8G A Yes
08/07/08 NEVADA Regular $25,000 21,463 Above BLACK 8G A Yes
08/07/08 NEVADA Lease $24,500 16,761 Avg ALB WHT 8G A Yes
08/07/08 NEVADA Lease $23,750 20,849 Avg OBS BLK 8G A Yes
08/07/08 NEVADA Lease $23,500 30,475 Avg PEWTR 8G A Yes
08/07/08 NEVADA Lease $20,000 47,985 Below PEWTR 8G A Yes
08/07/08 MANHEIM Regular $26,000 16,418 Above ALB WHT 8G T Yes
08/07/08 MANHEIM Lease $25,500 20,402 Above ALB WHT 8G T Yes
08/07/08 MANHEIM Lease $25,000 19,955 Above IRI SIL 8G T Yes
08/07/08 MANHEIM Lease $24,750 23,936 Avg BLACK 8G A Yes
08/07/08 MANHEIM Lease $23,750 34,700 Avg BAR RED 8G T Yes
08/07/08 MANHEIM Lease $23,250 23,293 Avg ALP RAN 8G T Yes
08/07/08 MANHEIM Lease $23,000 20,058 Avg WHITE 8G A Yes
08/07/08 MANHEIM Regular $22,750 35,327 Avg SILVER 8G A Yes
08/06/08 SEATTLE Lease $24,000 34,645 Avg PEWTR 8G A Yes
08/05/08 RIVRSIDE Lease $22,000 30,015 Avg IRI SIL 8G A Yes
08/05/08 RIVRSIDE Lease $21,750 33,588 Below PEWTER 8G A Yes
08/05/08 FAAO Lease $18,800 70,048 Below PEWTR 8G A Yes
08/05/08 DFW Lease $25,500 34,201 Above BLACK 8G A Yes
08/05/08 DFW Lease $25,500 16,753 Above PEWTR 8G A Yes
08/05/08 DFW Lease $25,250 26,079 Above ALB WHT 8G A Yes
08/05/08 DFW Lease $24,750 26,568 Avg ALB WHT 8G A Yes
08/05/08 DFW Lease $22,500 22,711 Avg IRI SIL 8G A Yes
08/05/08 DFW Lease $22,250 40,992 Avg OBS BLK 8G A Yes
07/31/08 RIVRSIDE Regular $26,500 26,443 Above BLACK 8G A No
07/31/08 RIVRSIDE Lease $23,250 33,506 Avg BLACK 8G A Yes
07/30/08 W PALM Lease $25,250 19,673 Above BLACK 8G A Yes
07/30/08 W PALM Lease $24,500 22,435 Avg ALP RAN 8G A Yes
07/30/08 W PALM Lease $24,000 27,551 Avg IRI SIL 8G A Yes
07/30/08 W PALM Lease $22,500 38,768 Avg PEWTR 8G A Yes
07/30/08 MILWAUKE Lease $24,500 27,276 Avg CPR BLU 8G A Yes
07/24/08 MANHEIM Lease $26,500 19,027 Above SILVER 8G A Yes
07/24/08 MANHEIM Lease $24,500 25,315 Avg ALB WHT 8G A Yes
07/24/08 MANHEIM Lease $24,500 14,165 Avg BLACK 8G T Yes
07/24/08 MANHEIM Lease $24,000 31,963 Avg OBS BLK 8G A Yes
07/24/08 MANHEIM Lease $22,000 41,839 Avg BLACK 8G T Yes
07/23/08 SEATTLE Lease $22,000 23,235 Avg BLACK 8G A No
07/23/08 NADE Regular $23,800 50,849 Avg Silver 8G A Yes
07/23/08 ATLANTA Lease $24,750 29,695 Avg ALB WHT 8G A Yes
07/23/08 ATLANTA Lease $24,000 32,403 Avg PEWTR 8G A Yes
07/23/08 ATLANTA Lease $23,500 29,895 Avg IRI SIL 8G A Yes
07/23/08 ATLANTA Lease $23,000 45,083 Avg BLACK 8G A Yes
07/23/08 ATLANTA Lease $21,750 37,613 Below ALP RAN 8G A Yes
07/23/08 ALOHA Lease $23,000 25,699 Avg IRI SIL 8G A Yes
07/22/08 SKYLINE Regular $21,000 77,821 Below WHITE 8G A Yes
07/18/08 MANHEIM Lease $24,000 34,580 Avg OBS BLK 8G A Yes
07/18/08 MANHEIM Lease $23,750 28,800 Avg PEWTR 8G A Yes
07/17/08 ATLANTA Lease $23,500 13,889 Avg PEWTR 8G A Yes
07/16/08 MILWAUKE Lease $26,500 19,398 Above BLACK 8G A Yes
07/15/08 GA DLRS Regular $29,900 18,625 Above Silver A No
07/15/08 FAAO Lease $28,000 10,421 Above ALB WHT 8G A No
07/15/08 FAAO Lease $24,750 23,122 Avg IRI SIL 8G A Yes
07/15/08 FAAO Lease $24,750 18,681 Avg IRI SIL 8G A Yes
07/15/08 FAAO Lease $24,750 15,822 Avg IRI SIL 8G A Yes
07/15/08 FAAO Lease $24,250 26,486 Avg ALB WHT 8G A Yes
07/15/08 FAAO Lease $24,250 16,719 Avg ALB WHT 8G A Yes
07/15/08 FAAO Lease $24,000 21,851 Avg CPR BLU 8G A Yes
07/15/08 FAAO Lease $23,500 38,431 Avg IRI SIL 8G A Yes
07/15/08 FAAO Lease $23,000 22,659 Avg ALB WHT 8G A Yes
Copyright © 1996-2008 Manheim Auctions
Can you possibly post the R350 info --even if its just Manheim.
Thanks a bunch. I would love to buy out my lease, but want to get it around $25,000 .
08/08/08 RIVRSIDE Regular $27,725 22,297 Above Black 6CY A No
08/08/08 NEVADA Lease $19,500 27,394 Below CPR BLU 6G A No
08/08/08 MANHEIM Regular $24,400 30,696 Above WHITE 6G A Yes
08/08/08 MANHEIM Regular $24,300 26,845 Above SILVER 6G A Yes
08/08/08 MANHEIM Lease $24,250 16,270 Above ALB WHT 6G T Yes
08/08/08 MANHEIM Lease $24,000 21,768 Above PEWTR 6G T Yes
08/08/08 MANHEIM Lease $23,000 12,274 Avg DES SIL 6G A Yes
08/08/08 MANHEIM Regular $22,250 50,424 Avg SILVER 6G A Yes
08/08/08 MANHEIM Regular $21,900 55,291 Avg BLACK 6G A Yes
08/08/08 MANHEIM Lease $21,500 11,824 Avg GREEN 6G T Yes
08/08/08 MANHEIM Lease $19,500 32,188 Below GREEN 6G A Yes
08/08/08 MANHEIM Lease $19,000 25,713 Below GREEN 6G A No
08/07/08 W PALM Lease $23,600 40,190 Above ALB WHT 6G A Yes
08/07/08 W PALM Lease $22,200 29,570 Avg BLACK 6G A Yes
08/07/08 W PALM Lease $21,600 31,401 Avg DES SIL 6G A Yes
08/07/08 W PALM Lease $21,000 34,502 Avg IRI SIL 6G A Yes
08/07/08 NEVADA Lease $25,500 20,839 Above ALB WHT 6G A Yes
08/07/08 NEVADA Lease $24,750 22,219 Above BLACK 6G A Yes
08/07/08 NEVADA Lease $23,250 21,403 Avg ALB WHT 6G A Yes
08/07/08 NEVADA Lease $23,250 13,669 Avg IRI SIL 6G A Yes
08/07/08 NEVADA Lease $23,000 22,113 Avg PEWTR 6G A Yes
08/07/08 NEVADA Lease $23,000 21,285 Avg PEWTR 6G A Yes
08/07/08 NEVADA Lease $22,000 23,526 Avg BAR RED 6G A Yes
08/07/08 NEVADA Lease $22,000 23,161 Avg ALB WHT 6G A Yes
08/07/08 NEVADA Lease $22,000 21,497 Avg ALB WHT 6G A Yes
08/07/08 NEVADA Lease $22,000 18,605 Avg BLACK 6G A Yes
08/07/08 NEVADA Lease $22,000 17,932 Avg ALB WHT 6G A Yes
08/07/08 NEVADA Lease $22,000 12,259 Avg IRI SIL 6G A Yes
08/07/08 NEVADA Lease $21,750 17,963 Avg BLACK 6G A Yes
08/07/08 NEVADA Lease $21,500 29,553 Avg ALB WHT 6G A Yes
08/07/08 NEVADA Lease $21,250 30,930 Avg BLACK 6G A Yes
08/07/08 NEVADA Lease $21,000 30,584 Avg DES SIL 6G A Yes
08/07/08 NEVADA Lease $20,500 35,418 Below BLACK 6G A Yes
08/07/08 NEVADA Lease $20,250 26,046 Below IRI SIL 6G A Yes
08/07/08 MANHEIM Lease $26,500 26,952 Above IRI SIL 6G A No
08/07/08 MANHEIM Regular $26,250 43,906 Above BLACK 6G A No
08/07/08 MANHEIM Regular $25,000 30,328 Above BLACK 6G O Yes
08/07/08 MANHEIM Lease $24,750 22,968 Above ALB WHT 6G T Yes
08/07/08 MANHEIM Lease $24,500 19,182 Above BLACK 6G T Yes
08/07/08 MANHEIM Lease $24,250 11,003 Above IRI SIL 6G T Yes
08/07/08 MANHEIM Lease $24,000 25,942 Above ALP RAN 6G A Yes
08/07/08 MANHEIM Lease $23,750 31,908 Above BLACK 6G T Yes
08/07/08 MANHEIM Lease $23,750 31,469 Above IRI SIL 6G A Yes
08/07/08 MANHEIM Lease $23,500 28,472 Avg BLACK 6G T Yes
08/07/08 MANHEIM Lease $23,500 20,224 Avg ALB WHT 6G T Yes
08/07/08 MANHEIM Lease $23,500 17,026 Avg ALP RAN 6G T Yes
08/07/08 MANHEIM Regular $23,250 52,638 Avg SILVER 6G A Yes
08/07/08 MANHEIM Lease $23,250 29,336 Avg IRI SIL 6G T Yes
08/07/08 MANHEIM Lease $23,250 23,045 Avg PEWTR 6G A Yes
08/07/08 MANHEIM Lease $23,250 20,842 Avg BAR RED 6G T Yes
08/07/08 MANHEIM Lease $23,250 19,645 Avg PEWTR 6G T Yes
08/07/08 MANHEIM Regular $23,000 26,969 Avg PEWTR 6G A Yes
08/07/08 MANHEIM Lease $23,000 12,594 Avg OBS BLK 6G A Yes
08/07/08 MANHEIM Lease $22,750 26,564 Avg BLACK 6G A Yes
08/07/08 MANHEIM Lease $22,750 25,439 Avg IRI SIL 6G T Yes
08/07/08 MANHEIM Lease $22,500 29,262 Avg ALP RAN 6G T Yes
08/07/08 MANHEIM Lease $22,500 27,030 Avg ALB WHT 6G T Yes
08/07/08 MANHEIM Lease $22,500 26,773 Avg IRI SIL 6G T Yes
08/07/08 MANHEIM Lease $22,500 24,050 Avg PEWTR 6G T Yes
08/07/08 MANHEIM Regular $22,500 20,113 Avg BLACK 6G A Yes
08/07/08 MANHEIM Lease $22,500 17,028 Avg ALP RAN 6G A Yes
08/07/08 MANHEIM Lease $22,000 26,349 Avg ALB WHT 6G T Yes
08/07/08 MANHEIM Lease $21,750 30,641 Avg BAR RED 6G A Yes
08/07/08 MANHEIM Regular $21,700 34,156 Avg LT BLUE 6G A Yes
08/07/08 MANHEIM Lease $21,500 36,646 Avg ALP RAN 6G A Yes
08/07/08 MANHEIM Lease $21,500 35,899 Avg ALP RAN 6G T Yes
08/07/08 MANHEIM Lease $21,500 20,287 Avg ALP RAN 6G A Yes
08/07/08 MANHEIM Lease $18,750 45,785 Below ALB WHT 6G T Yes
08/07/08 CHICAGO Regular $20,250 43,446 Below BLK 6G A Yes
08/07/08 ATLANTA Lease $23,250 26,029 Avg PEWTR 6G A Yes
08/07/08 ATLANTA Lease $22,000 34,741 Avg BLACK 6G A Yes
08/07/08 ATLANTA Lease $21,750 38,724 Avg IRI SIL 6G A Yes
08/07/08 ATLANTA Lease $18,750 52,179 Below BLACK 6G A Yes
08/06/08 W PALM Lease $26,000 13,152 Above BLACK 6G A Yes
08/06/08 W PALM Lease $22,000 26,263 Avg ALB WHT 6G A Yes
08/06/08 SEATTLE Lease $24,500 14,343 Above ALB WHT 6G A Yes
08/06/08 SEATTLE Lease $24,250 25,171 Above PEWTR 6G A Yes
08/06/08 SEATTLE Lease $23,000 33,594 Avg IRI SIL 6G A Yes
08/06/08 SEATTLE Lease $20,250 28,492 Below BLACK 6G A Yes
08/06/08 SEATTLE Lease $18,500 50,268 Below BLACK 6G A Yes
08/06/08 MILWAUKE Lease $22,250 33,340 Avg DES SIL 6G A Yes
08/06/08 MILWAUKE Lease $20,000 34,633 Below ALB WHT 6G T Yes
08/05/08 DFW Lease $23,750 21,228 Above BLACK 6G A Yes
08/05/08 DFW Lease $23,500 16,070 Avg IRI SIL 6G A Yes
08/05/08 DFW Lease $22,750 26,815 Avg BLACK 6G A Yes
08/05/08 DFW Lease $22,500 35,784 Avg BLACK 6G A Yes
08/05/08 DFW Lease $22,500 21,244 Avg BLACK 6G A Yes
08/05/08 DFW Lease $22,250 34,183 Avg IRI SIL 6G A Yes
08/05/08 DFW Lease $22,000 22,593 Avg DES SIL 6G A Yes
08/05/08 DFW Lease $21,750 35,012 Avg ALB WHT 6G A Yes
08/05/08 DFW Lease $21,500 14,920 Avg ALB WHIT 6G A Yes
08/05/08 DFW Lease $21,000 19,606 Avg OBS BLK 6G A Yes
08/05/08 DFW Lease $20,500 33,403 Below IRI SIL 6G A Yes
08/05/08 DFW Lease $20,250 39,356 Below BLACK 6G A Yes
08/05/08 DFW Lease $20,000 33,559 Below CPR BLU 6G A Yes
08/05/08 DFW Lease $19,750 25,380 Below PEWTR 6G A Yes
08/05/08 DFW Lease $19,000 43,762 Below IRI SIL 6G A Yes
08/05/08 DFW Lease $19,000 24,031 Below BAR RED 6G A No
08/05/08 DFW Lease $19,000 22,492 Below ALB WHT 6G A No
08/05/08 BALTWASH Regular $25,460 55,875 Above MRN 6G A No
Copyright © 1996-2008 Manheim Auctions
Could some one please tell me what was the Residual % and the Term (36 vs 48 months) they have got from MB dealers?
Also the money factor or the APR?
IF ANYONE HAS BOUGHT OUT OR IS BUYING OUT THEIR LEASE FROM MB, PLEASE POST YOUR "EXPERIENCE" ON THIS BOARD.
06' MB R500's
09/22/08 RIVRSIDE Lease $23,750 29,674 Avg PEWTER 8G A Yes
09/22/08 RIVRSIDE Lease $23,250 23,955 Avg PEWTR 8G A Yes
09/22/08 RIVRSIDE Lease $23,250 21,915 Avg PEWTER 8G A Yes
09/22/08 RIVRSIDE Lease $23,000 25,979 Avg IRI SIL 8G A Yes
09/22/08 RIVRSIDE Lease $23,000 21,479 Avg PEWTER 8G A Yes
09/22/08 RIVRSIDE Lease $22,750 22,839 Avg PEWTR 8G A Yes
09/22/08 RIVRSIDE Lease $22,000 36,340 Below IRI SIL 8G A Yes
09/22/08 RIVRSIDE Lease $22,000 33,519 Below IRI SIL 8G A Yes
09/22/08 RIVRSIDE Lease $22,000 31,483 Below BAR RED 8G A Yes
09/22/08 MANHEIM Lease $26,000 17,409 Above IRI SIL 8G T Yes
09/22/08 MANHEIM Lease $25,500 13,095 Above IRI SIL 8G A Yes
09/22/08 MANHEIM Lease $24,750 44,076 Avg CPR BLU 8G A Yes
09/22/08 MANHEIM Lease $24,750 30,476 Avg IRI SIL 8G A Yes
09/19/08 MANHEIM Regular $24,600 32,542 Avg BLACK 8G A Yes
09/18/08 MANHEIM Lease $26,500 10,646 Above PEWTR 8G T Yes
09/18/08 MANHEIM Lease $25,000 24,431 Above CPR BLU 8G T Yes
09/18/08 MANHEIM Regular $24,500 36,918 Avg WHITE 8G A Yes
09/18/08 MANHEIM Lease $23,750 37,244 Avg BLACK 8G T Yes
09/18/08 DFW Lease $23,000 29,363 Avg IRI SIL 8G A Yes
09/18/08 CHICAGO Regular $22,750 14,296 Avg SILV 8G A Yes
09/17/08 SEATTLE Regular $20,000 37,354 Below GRAY 8G A No
09/17/08 NASHVILL Lease $23,250 26,107 Avg PEWTR 8G A Yes
09/17/08 MINNEAP Regular $21,400 53,971 Below BLACK 8G A Yes
09/17/08 MILWAUKE Lease $23,000 14,782 Avg PEWTR 8G T Yes
09/17/08 ATLANTA Lease $27,750 19,278 Above BLACK 8G A No
09/17/08 ATLANTA Lease $24,750 24,655 Avg PEWTR 8G A Yes
09/17/08 ALOHA Lease $25,250 7,398 Above IRI SIL 8G A Yes
09/16/08 BALTWASH Lease $22,800 35,876 Avg BLUE 8G A Yes
09/11/08 RIVRSIDE Lease $23,750 48,643 Avg BLACK 8G A Yes
09/11/08 RIVRSIDE Factory $19,000 8,958 Below OBS BLK 8G A No
09/11/08 GTR TMPA Regular $20,400 59,765 Below SILVER 8G A Yes
09/11/08 CHICAGO Regular $22,600 37,064 Avg TAN 8G A Yes
09/11/08 ATLANTA Lease $20,500 36,379 Below ALP RAN 8G A Yes
09/10/08 NASHVILL Regular $23,500 24,783 Avg DES SIL 8G A Yes
09/10/08 MILWAUKE Lease $25,000 29,662 Above IRI SIL 8G A Yes
09/10/08 MILWAUKE Lease $23,750 33,151 Avg ALP RAN 8G T Yes
09/10/08 MILWAUKE Lease $23,500 37,387 Avg DES SIL 8G T Yes
09/10/08 MILWAUKE Lease $22,750 32,095 Avg IRI SIL 8G T Yes
09/10/08 MILWAUKE Lease $21,250 30,828 Below BAR RED 8G A Yes
09/09/08 MANHEIM Regular $24,000 46,064 Avg BLACK 8G A Yes
09/04/08 NEVADA Lease $23,750 43,828 Avg IRI SIL 8G A Yes
09/04/08 NEVADA Lease $23,000 35,942 Avg ALB WHT 8G A Yes
09/04/08 NEVADA Lease $21,500 38,895 Below IRI SIL 8G A Yes
09/04/08 MANHEIM Lease $25,500 8,399 Above ALB WHT 8G T Yes
09/04/08 MANHEIM Lease $24,250 21,834 Avg IRI SIL 8G T Yes
09/04/08 MANHEIM Regular $23,500 47,318 Avg BLACK 8G A Yes
09/04/08 MANHEIM Lease $23,250 23,082 Avg IRI SIL 8G T Yes
09/04/08 MANHEIM Lease $22,500 25,425 Avg PEWTR 8G T Yes
09/04/08 MANHEIM Lease $22,250 32,798 Avg BLACK 8G T Yes
09/04/08 ATLANTA Lease $19,500 15,930 Below IRI SIL 8G A No
09/03/08 SEATTLE Lease $24,500 28,364 Avg IRI SIL 8G A Yes
09/03/08 NASHVILL Lease $25,750 10,076 Above BLK 8G A Yes
09/03/08 NASHVILL Lease $25,000 13,244 Above ALB WHT 8G A Yes
09/03/08 NASHVILL Lease $24,500 20,068 Avg PEWTER 8G A Yes
09/02/08 DFW Lease $25,500 15,367 Above IRI SIL 8G A Yes
09/02/08 DFW Lease $23,500 20,151 Avg ALB WHT 8G A Yes
08/29/08 MANHEIM Regular $24,750 34,022 Avg BLACK 8G A Yes
08/29/08 MANHEIM Regular $24,300 35,912 Avg SILVER 8G A Yes
08/28/08 RIVRSIDE Lease $23,750 22,903 Avg BLACK 8G A Yes
08/28/08 RIVRSIDE Lease $23,250 21,954 Avg IRI SIL 8G A Yes
08/28/08 RIVRSIDE Lease $23,000 23,136 Avg BLACK 8G A Yes
08/27/08 W PALM Lease $26,500 15,747 Above BLACK 8G A Yes
08/27/08 W PALM Lease $25,500 26,412 Above BLACK 8G A Yes
08/27/08 W PALM Lease $23,750 13,429 Avg ALP RAN 8G A Yes
08/27/08 W PALM Lease $23,250 45,233 Avg IRI SIL 8G A Yes
08/27/08 W PALM Lease $22,800 31,063 Avg SILVER 8G A Yes
08/27/08 W PALM Regular $20,500 46,248 Below BLACK 8G A Yes
08/26/08 FAAO Regular $24,800 31,170 Avg SILVER 8G A Yes
Copyright © 1996-2008 Manheim Auctions
09/22/08 RIVRSIDE Lease $23,750 29,674 Avg PEWTER 8G A Yes
09/22 -- Date of sale at auction
RIVRSIDE -- Location of auction (Riverside, CA, I'd guess)
Lease -- Source of vehicle (off-lease)
$23,750 -- Selling price at auction
29,674 -- Mileage on this vehicle
Avg -- Condition, either Above, Average, Below -- Mostly related to miles
PEWTER -- Color of car
8G -- Usually engine size (V8?)
A -- Automatic
Yes (not sure)
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the "big" thing that is missing of course from the auction details are the options on these vehicles. But given the relatively close price spread, you can tell that even very well optioned cars do not command much of a premium wholesale despite possibly costing $10-20k over "base" vehicles when new....
i will post updated auction #s later this month.
to those with Novembe lease ends, PLEASE keep checking and posting on this thread so we that we can all benefit and help one another.
i expect to call MBUSA later this month to discuss the buyout price and see where they start. I fully plan to have recent auction #s at hand and am going to push for a buyout as close to the average wholesale price as I can. I am also curious what kind of financing they will offer....i can get 4.75% for 3yrs, or 5% for 4 yrs.
We will call back after Nov 1st to check one last time, but it looks like I will be getting a different car b/c I am not going to pay more than what other local non MB dealers have them listed for around here. Also, got rough quote of $700 on 2009 lease, while I could afford that much of a payment I just don't think its wise -- I've been listening to Dave Ramsey too much lately.
What are some of the "typical" offers on the '08 and '09 R350's? My lease is due Nov 18th. Wouldn't mind holding on to the car, but also would obv roll into a new one if the deal is good. Current lease payment on 06 R350 P1 pkg is $595/mo incl tax (PA) 10k annual miles (slightly over there).
Any recent experience?
for whatever reson i thought that my lease was up next month...it is actually not up ti mid Jan.
I have a 42k buyout (27mo lease) based on a 63k msrp.
i hope to have updated auction #s to post tomorrow so you all can call and know exactly what they are selling for.... shooting for a buyout a grand or two over auction prices seems reasonable...
The R350 is really a hidden jewel in MB's lineup, and those of us who have lived with this car have learned to appreciate its stellar features. Its a luxury vehicle in the true MB sense(not like the ML/GL SUV class), with a solid body for smooth quiet drives. Ours was loaded to the gills with almost every option, which is what we will really miss after the lease. I still get a kick every time I sit behind the wheel, knowing it is still a unique car that gets a lot of notice on the road.
MBF is offering a buyout of around $29K, which includes all tax and fees. I started to negotiate with them, but the agent said they've already taken it down from the original residual, with no more room to go. It is a shame to let it go, since I only have around 19K miles on the odometer. My target is to get them down to under $22K, possibly even $20K, which would make it attractive when I calculate the total lease payment was only around $12K(really low mf and discounts in 2006 for a 27 months lease, and I used 1 pay lease to minimize my out of pocket cost).
One concern I have about keeping this car is all the "gadgets" which will increase cost of ownership. I had no idea how expensive MB dealerships are until I paid $700+ for a "B" service, which is nothing more than an oil change with brake fluid recycle and tire rotation, along with the usual inspection and fluid top off.
Any comments or suggestions on how to deal with MBF would be appreciated.
It might be helpful to get the best price from MBF to offer cash - if MBF has to finance, they are looking at credit risk and tying up capital that they would rather use for new car sales....
I think everyone calling MBF needs to push to speak to someone higher up the food chain than the basic leasing representative. I emailed them for payoff options yesterday from my MBF online account. Ill let you know what I hear when they respond....
Its going to be tough walking away from so many toys built into this car!
we need to keep hitting them over the head with auction values...they have to make rational choices at some point....
06' MB R500
09/22/08 RIVRSIDE Lease $23,750 29,674 Avg PEWTER 8G A Yes
09/22/08 RIVRSIDE Lease $23,250 23,955 Avg PEWTR 8G A Yes
09/22/08 RIVRSIDE Lease $23,250 21,915 Avg PEWTER 8G A Yes
09/22/08 RIVRSIDE Lease $23,000 25,979 Avg IRI SIL 8G A Yes
09/22/08 RIVRSIDE Lease $23,000 21,479 Avg PEWTER 8G A Yes
09/22/08 RIVRSIDE Lease $22,000 36,340 Avg IRI SIL 8G A Yes
09/22/08 RIVRSIDE Lease $22,000 33,519 Avg IRI SIL 8G A Yes
09/22/08 RIVRSIDE Lease $22,000 31,483 Avg BAR RED 8G A Yes
09/22/08 MANHEIM Lease $26,000 17,409 Above IRI SIL 8G T Yes
09/22/08 MANHEIM Lease $25,500 13,095 Above IRI SIL 8G A Yes
09/22/08 MANHEIM Lease $24,750 44,076 Above CPR BLU 8G A Yes
09/22/08 MANHEIM Lease $24,750 30,476 Above IRI SIL 8G A Yes
09/24/08 W PALM Lease $24,500 22,338 Above IRI SIL 8G A Yes
09/25/08 RIVRSIDE Lease $26,750 22,870 Above BLACK 8G A No
09/26/08 MANHEIM Regular $24,000 43,784 Avg BLACK 8G A Yes
09/26/08 MANHEIM Regular $23,900 39,491 Avg SILVER 8G A Yes
09/30/08 FAAO Lease $23,500 29,026 Avg ALB WHT 8G A Yes
09/30/08 DFW Lease $26,500 26,554 Above IRI SIL 8G A No
09/30/08 DFW Lease $24,250 28,771 Avg PEWTR 8G A Yes
09/30/08 BIG H Regular $23,900 35,976 Avg WHITE 8G A Yes
10/01/08 SEATTLE Lease $24,750 20,739 Above OBS BLK 8G A Yes
10/01/08 SAN ANTO Regular $25,800 29,676 Above PEWTER 8G A Yes
10/01/08 SAN ANTO Regular $22,500 22,878 Avg TAN 8G A Yes
10/01/08 NASHVILL Lease $24,500 27,550 Above IRI SIL 8G A Yes
10/01/08 NASHVILL Lease $24,000 29,841 Avg PEWTR 8G A Yes
10/01/08 NASHVILL Lease $24,000 21,799 Avg CPR BLU 8G A Yes
10/01/08 NASHVILL Lease $23,750 30,637 Avg IRI SIL 8G A Yes
10/01/08 NASHVILL Lease $23,000 25,408 Avg CPR BLU 8G A Yes
10/01/08 NASHVILL Lease $22,500 32,530 Avg PEWTR 8G A Yes
10/02/08 NEVADA Lease $22,000 42,736 Avg BLACK 8G A Yes
10/02/08 MANHEIM Lease $26,750 28,748 Above IRI SIL 8G T No
10/02/08 MANHEIM Lease $25,500 25,406 Above IRI SIL 8G T Yes
10/02/08 MANHEIM Lease $25,500 9,954 Above BAR RED 8G T Yes
10/03/08 MANHEIM Regular $22,750 40,226 Avg SILVER 8G A Yes
10/06/08 AYCOCK Lease $24,600 10,943 Above GOLD 8G A Yes
10/07/08 FAAO Lease $23,250 21,669 Avg CPR BLU 8G A Yes
10/08/08 MILWAUKE Lease $26,000 8,230 Above IRI SIL 8G A Yes
10/08/08 MILWAUKE Lease $24,000 24,820 Avg BLACK 8G A Yes
10/08/08 MILWAUKE Lease $23,500 18,408 Avg ALP RAN 8G A Yes
10/08/08 MILWAUKE Lease $23,250 19,430 Avg PEWTR 8G T Yes
10/09/08 RIVRSIDE Lease $23,500 21,213 Avg ALB WHT 8G A Yes
10/09/08 RIVRSIDE Lease $20,750 24,066 Below IRI SIL 8G A No
10/15/08 NADE Regular $23,250 52,005 Avg Black 8G Yes
10/15/08 ATLANTA Lease $23,000 25,163 Avg IRI SIL 8G A Yes
10/15/08 ATLANTA Lease $22,750 28,218 Avg PEWTR 8G A Yes
10/15/08 ATLANTA Lease $22,000 26,480 Avg PEWTR 8G A Yes
10/15/08 ATLANTA Lease $21,500 28,370 Below ALP RAN 8G A Yes
10/16/08 MANHEIM Lease $22,500 22,703 Avg PEWTR 8G T Yes
10/16/08 MANHEIM Lease $21,750 34,684 Below CPR BLU 8G T Yes
10/16/08 MANHEIM Regular $20,100 56,597 Below BLACK 8G Yes
10/16/08 ATLANTA Regular $23,500 19,505 Avg SILVER 8G A Yes
But.. If I'm negotiating, and am asked for the mileage, I'd just say that it looks like I'll come in just under my allowance, without answering specifically. Maybe, they'd just assume a certain amount. Once you've agreed to a deal, then maybe no one will take notice.
But, I certainly wouldn't lie about it. They may be able to extrapolate an approximate amount from your service records. I'd just be coy... and see what happens, first.
regards,
kyfdx
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Thanks.