2010 Mercedes Benz CL, CLS, R, S, SLK Lease Rates – November 2009

Published 2009/11/092009/11/10 by G

logo_benz My Take: Not reall feeling the rest of the 2010 MB line up. Either the residuals are too high low or the the MF is too low high…or both. Sad to say, but feel free to skip these this month. You aren’t really missing much.

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2010 Mercedes CL-Class

2010 Mercedes CLS-Class

2010 Mercedes R-Class

2010 Mercedes S-Class

2010 Mercedes SLK-Class

2009 Mercedes Benz CLK, G, SL, SLK Lease Rates – October 2009

Published 2009/10/19 by G

logo_benz My Take: There are still some decent leases on leftover 2009 Mercedes Benz models, but you’ll have to be aggressive with the sale price. Take the SL550 for example. .00020 MF breaks down to about 0.48% APR, you can do a 10k mile per year lease and your residual should jump to 50%. Pretty solid if you ask me. The CLK convertibles and SLK300 and SLK350 should also be considered due to their resonable money factors. We’re nearing the end of the year, so whatever you see on the lot, is probably what you are gonna get, so if you find something you like. I recommend that you do something about it.

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2009 Mercedes CLK

2009 Mercedes G

2009 Mercedes SL

2009 Mercedes SLK

2009/2010 Mercedes Benz ML, R, CLK, SL, SLK Lease Rates – September 2009

Published 2009/09/08 by G

logo_benz My Take: I’ve picked out some of the following models as “decent” leases for the month. As usual, the leases with high residual values (.00200+) should be avoided. Those above .00100 may need some MSDs to make them a bit more affordable. Residual values for all Mercedes Benz are typically fairly low, so don’t expect any crazy-cheap leases. Don’t forget to do a little shopping for comparable models from other brands to see if its worth the extra cash to be seen in a Benz.

Here are some of the notable models you should probably look into:

ML350, ML350 4matic, R350, CLK Convertibles, SL550 and non-AMG SLKs.

I might consider doing away with “THE LIST” since there haven’t been CAN’T-MISS deals lately. The 2009 E-Class, 2009 3-series, 2009 Acura TL and 2009 C350 were probably the best all-around deals this year. Other honorable mentions are the G37, Accord and Camry. As you can see, most of the better deals occured in the 1st half of the year (which I consider the best time to lease), so you probably won’t be seeing great deals on the 2010 until sometime next year.

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2010 Mercedes ML

2010 Mercedes R

2009 Mercedes CLK

2009 MODELS

2009 Mercedes SL

2009 Mercedes SLK

09 Mercedes Benz SLK Lease Rates – August 2009

Published 2009/08/132009/09/04 by G

logo_benz UPDATE: I have just been informed by Aaron McCroskey that there is $5000 cash on the SLK toward a PURCHASE for those who are interested.

My Take: SLK300 has such a low money factor, they might as well lend you the money interest free. This is an excellent “lease-to-buy” candidate since the APR is a measly 0.144%. The lowest APR you can get on a purchase is 1.9%, so a good idea would be to lease the car for 48 months, then purchase the car in full at lease end or refinance the remainder. This method isn’t for everyone obviously because you could get stuck paying a high interest rate on the remainder of your payoff, so plan accordingly. The SLK350 is not a bad option either, but not as good as the SLK300.

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2009 Mercedes SLK-Class

09 Mercedes Benz SLK Lease Rates – July 2009

Published 2009/07/142009/07/14 by G

logo_benz My Take: Low money factor alert! SLK300 MF is so cheap, they are practically giving it away. Seriously! You can do a 10k mile lease and boost your residual for 36 month to about 49%, and you are basically paying a few bucks every month on interest charges. This is also a pretty good Lease-to-Buy car too. Just go for the 10k lease over 48 months and pay off the car at lease end. Oh did I mention the $5,000 lease cash? Ahh yes! This beats out the Z4 AND the TT easily. So Cal residents can contact Aaron, all other can use Yahoo Autos to get quotes from your local dealers.

Check out the new LIST for the recommended leases of the month.

2009 Mercedes SLK

09 Mercedes Benz S, SL, SLK Lease Rates – June 2009

Published 2009/06/10 by G

logo_benz My Take: I’m not going to bother too much with the S and SLK class estimates since they aren’t really high demand vehicles. Instead, I’ll focus on a very good “Lease-to-Buy” deal right now, the SLK300. The money factor is a measly 0.0007 for up to 48 months, making it a pretty good deal if you plan to buy the car at least end. Not even the 1.9% APR for 36 months can touch that. Definitely consider leasing the SLK300 for 4 years first then buy it out.

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			At Invoice		At MSRP
Make/Model	Invoice	MSRP	36-month	48-month	36-month	48-month
09 Mercedes SLK300	$43,609	$46,825	$591*	$542**	$681*	$609**

NOTE: Estimates assuming the following conditions:

Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) due at signing.
Local Taxes not included.
24-month/15k and 36-month/15k terms.
All cars are stock, without any options.
No rebates/incentives applied

2009 Mercedes S-Class

2009 Mercedes SL-Class

2009 Mercedes SLK-Class

09 Mercedes Benz SLK300 – May 2009

Published 2009/05/142009/05/14 by G

logo_benz My Take: Check out the 0.00007 money factor on the SLK300. Not bad huh? Residual is kinda low, but the money factor more than makes up for it at 0.168% APR. How crazy is THAT, its practically free to borrow the money to lease this car! MB has been seriously aggressive at trying to move units recently, from the CLK, ML to the C, they all seem to be going below invoice in most metro areas with decent competition. Be sure to check out your local MB dealerships to see what they can do for you. For all you Southern California people, I am working on getting a Mercedes Benz dealer into the Dealerplace this weekend. I will more than likely pay him a visit this weekend (if he’s around) and talk cars with him. Stay tuned…

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			At Invoice		At MSRP
Make/Model	Invoice	MSRP	36-month	48-month	36-month	48-month
09 Mercedes SLK300	$43,609	$46,825	$591*	$542**	$681*	$609**

NOTE: Estimates assuming the following conditions:

Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) due at signing.
Local Taxes not included.
24-month/15k and 36-month/15k terms.
All cars are stock, without any options.
No rebates/incentives applied

2009 Mercedes SLK

09 BMW S, SL, SLK Class Lease Rates – April 2009

Published 2009/04/132009/04/13 by G

logo_benz My Take: Couple quick things…I’m going to be skipping lease payment estimates on some of the more “expensive” models because quite frankly, I don’t think most people are here for that. You can still request a quick calculation from me by leaving a comment below each post. Main reason I’m doing this is to cut back on the amount of time it takes me to make one post, which will free me up for other important things. As for the cars, the SLK’s money factor is wicked low this month. .00007! With Mercs, I don’t generally car as much about the residual value since they are usually low 50s or high 40s for the 36-month terms, so you gotta hope and pray that the money factor is ultra low. Remember, the upside to having low residual value and low money factor is that at lease end, your buyout price is fairly low. Which is good if you love the car and want to keep it. No cash is available on the SLK300 right now but 0.9% financing for up to 66 months is there for those who qualify. MB Financial is really pushing the low interest financing this month which runs an extra 6 months compared to other captive banks. Just a FYI in case you are open to financing.

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2009 Mercedes SL-Class, SLK-Class

DO NOT LEASE