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2013 and earlier-Mercedes-Benz CLS-Class Lease Questions
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Car_man
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Car_man
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Thanks!
Thanks in advance for your help. Deciding between a cls63 and cls550. Do you know the March residuals and Money factors ? (tier I credit) Are they the same for both vehicles? One dealer is telling me the cls550 money factor is .00195 and the cls63 .003! Another dealer about 200 miles away is telling me I can get close to the .00195 money factor on the cls63. Also, do you know anything about the USAA discount? Thanks so much for your help!
15,000 miles 39 month
The residual value for an otherwise identical lease of a 2012 CLS63 is 54%. Mercedes is not currently providing any support on this car right now, so its money factor would be whatever Mercedes-Benz Financial's standard rate is in your area right now. If your credit is in good shape, a money factor of .00300 is way too high. You should probably be more like .00250 or possibly less. Again, this may vary by region though.
I know that USAA has special incentives for its members on Mercedes-Ben vehicles, but I don't know the exact amount of that offer on the CLS.
Car_man
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Can you provide the money factor and residual on a CLS 550 for 24 months 12000 miles per year.
I am in Michigan.
Car_man
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Car_man
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36 months, 10k miles?
Thank you,
PS
Car_man
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The numbers for an otherwise identical 48-month lease are .00145 and 49%.
Someone with a credit score in the mid-700s should easily qualify for these rates.
Car_man
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I was wondering if you know the lease rates and residuals for 33,36 and 39 (not sure what the sweet spot is) for an ordered 2013 CLS550. I should also qualify for the super elite rates (I think this is what they are called beyond standard).
Thanks!
The numbers for an otherwise identical 36-month lease are .00145 and 53%.
If this vehicle is eligible for Mercedes' "Value Added" program...and I believe that it is...then the 30-month numbers can be used for a 33-month lease and the 36-month numbers can be used for a 39-month lease.
Car_man
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Can you please help me with the August money factor and residual value for a 2013 CLS550? The lease term is 39 months with an annual mileage of 15,000. If it's not too much trouble I also need the numbers for the 12,000 annual mileage. Thanks a lot.
Could you pls tell me the August Conquest cash for 2012 CLS63?
Thank you,
The residual value for a lease with only 12,000 miles per year would be 2% higher.
If this vehicle qualifies for Mercedes' value added program then you would be able to use these numbers for a 39-month lease.
Car_man
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Car_man
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Can you please tell me the MBFS numbers for September? Looking at a 10,000 mile 3 year lease. Are they still offering the $2000 conquest cash certificates on this model?
Thanks in advance
I believe that the conquest certificate offer on this car is currently only $1,000.
Car_man
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The numbers for an otherwise identical 36-month lease are .00160 and 55%.
If this vehicle is part of Mercedes' "Value Added" program then the numbers for a 39-month lease of it would be the same as for a 36-month lease. If not, then the residual value would be slightly lower but the money factor would be the same.
Car_man
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Car_man
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I forgot to specify that I was looking for the September residuals (for a 2013 model) assuming 12,000 miles per year (instead of 15,000 miles per year) for a 30, 36, and 39 month lease.
I thank you in advance.
Car_man
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Could share what the current money factor and residual are for 2013 cls63 for 10k miles and 36mth?
Also is conquest still available? Or are there any other incentives? Thanks!
I have heard that the conquest cash certificate program was replaced by new dealer cash certificates for Mercedes' Winter Sales Event. Specifically, there's $2,000 dealer cash certificates out there on the 2013 CLS63 right now.
Car_man
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Can you please give me the residual for 2013 CLS550 for 36 month lease with 10k miles?
Also what is the money factor for November for top tier.
Thanks
I am in the market for a 2013 CLS-550 4Matic and continually review your insightful responses to the various message posted on this forum. I've noticed that with respect to questions regarding leases, you refer to the MB "buy rate" lease money factor.
Specifically, for November 2012, you wrote .00160 (buy rate lease money factor). I've spoken to two different MB dealerships, each of whom told me the "lease rate" money factor is higher (.0019). Is there a difference (if any) between a "buy rate" vs. "lease rate" money factor? Let me know whether you believe there is a miscommunication or perhaps the dealership is trying to sell me on a higher monthly payment.
Dealer can mark up the buy rate and pocket the difference. In your case, the difference (0.0003) is just another way for dealer to pocket more profit. You can try other dealer in your city or place like Los Angeles (if you are nearby) which typically has the most competitive car dealerships. Depending on how competitive your local market, you may or may not have to accept those mark up.
Car_man
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Greetings! Can you please post the 2013 c63 december lease terms (residual, and mf ) for 36 months,10k when you get a chance? Also can you please find out if this car has a 39 month program at 36 mo rates? Would also be great if you can help set an expectation of msrp in northern ca with premium 1, and multimedia packages, as well as ongoing incentives.
Thanks a lot!
car_lease
Could you please tell me what the money factor and residual would be for a CLS 30 month 15k lease?
Thank you!
What will be the monthly payment with following variables on 2013 CLS 550
MSRP - $79,655
Sale Price - $77,100
Drive Off - (First Month + $795 acquisition fee + $3,500 cost reduction)
36 month, 10K/year miles, California, planning to get before new year.
Thanks.
I'm not sure if the CLS63 is eligible for Mercedes' 39-month "Value Added" lease program. I suspect that it is not, but I don't know for certain.
This is a fairly low volume vehicle that's a little out of my price range, so I'm really not all that familiar with what the market is like for it right now. I can tell you that it should be eligible for the $2,000 Winter Event Certificates that are out there right now if you can convince a dealer to use one on your deal.
Car_man
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Car_man
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According to my calculations, if you were to lease a 2013 CLS 550 that has an MSRP of $79,655 and a selling price of $77,100 through Mercedes-Benz Financial right now for 36-months with 10,000 miles per year, your zero down, pre-tax monthly payment would be around $1,056.
I worked up a zero down lease on this car for you because it is in your best interest not to make any sort of capitalized cost reduction when leasing. Consumers who make down payments on leased vehicles risk losing part or all of the money that they put down if their vehicle is totaled in an accident or stolen and never recovered. While your monthly payment will be slightly higher, it's much safer to go with a zero down lease.
If you really wanted to make a $3,500 capitalized cost reduction, it would lower the above payment to around $953.
Car_man
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I did get a decent deal on a fully loaded c63 with
performance package etc with a 6.8k reduction in cap cost. I was considering
it seriously, along with an M3. However an Audi A7 worked out better since
I was replacing an Audi lease and it had 4 payments left. Audi took the
other lease early, making the A7 a more economical choice.
What are the lease rates -MF and residuals for a CLS550 4matic my2013 for someone with top-tier credit?
Also, how early. In the month does MBUSA publish their lease rates? The dealers I have been talking to are not able to find a car with the options I am looking for in the nationwide inventory. I'm being told that if I want specific options(specific color, black leather seats, premium pkg, parktronic optional, burl walnut trim, std 18" wheels), i am better off building to order. However, the wild card there is that i am asked to make a security deposit, and that the lease rate can be locked only when MB assigns a VIN to the new car. ...and that the process can take 45days+. I'm OK with waiting,but should I be really putting down a deposit for the car ?
fYI, The other option which I have ruled out, is to buy from an out of town dealer ( or internet sellers that claim fleet-based rates), but I am asked to bear transport costs. That doesnt appeal to me because of th fear of any damage to the car when in transit
Is this a common practice? Are they obligated to come down to the MB financial set rate (assuming it is still .0016...Car Man do you know what the current MF and residual are?) Their residual was 58% which sounds right.
Based on what I have read in these forums and elsewhere, the dealer actually has some leeway over the MF established by the car company(MB, in this case). So, they could even go lower than 0.0016 to some extent, at their discretion. However, they may not admit to this right away.
Any thoughts CarMan?
Sweet car. That's quite a stocking stuffer. You certainly had a happy holiday yourself .
Enjoy your new ride :shades: !
Car_man
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Mercedes' current lease program is currently scheduled to run through 1/31/13.
Car_man
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