09 Mercedez Benz CL, CLK, CLS Lease Rates - March 2009

logo_benz My Take: Lately I’ve been thinking about the whole lease-to-buy scenario and I have come to believe that certain cars simply should not be bought at the end of the lease. The reason I mention this is because a lot of the cars have dropped in residual value over the past year. If you are considering buying your lease, you may want to look for cars that have a low residual value and a ultra-low money factor. That way, you ensure all the money you pay on your monthly lease payments is going towards paying off the depreciation rather than the interest. That way, when the lease ends, there is very little residual value left on the car and you can pretty much cut them a nice check for the remainder and keep the car. Anyway, the reason I bring this up on a Mercedes Benz post is because Mercs seem to have really lame residual values and really low money factors. Check this out, the CLK550 depreciates 64% and they only charge about 0.192% APR for 48 months (plus you get $6000 dealer cash). Seriously, you think you can secure a loan that cheap if get a purchasing loan? I don’t think so, the lowest APR going on right now for the CLK550 is 0.9% up to 66 months. Granted, that’s still a pretty sweet deal, I’d would still take 0.192% on the lease because unlike buying, there’s always an easy way out after a few year in case the car is giving you some problems. Anyway, something to think about if you are shopping for a Merc. Watch the numbers and figure out what you want to do at least end before you make your final decision.

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			At Invoice		At MSRP
Make/Model	Invoice	MSRP	36-month	48-month	36-month	48-month
09 Mercedes CLK350 Convertible	$53,048	$56,975	$721*	$661**	$831*	$743**

NOTE: Estimates assuming the following conditions:

Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
Local Taxes not included.
24-month/15k and 36-month/15k terms.
All cars are stock, without any options.

2009 Mercedes CL, CLK, CLS

DO NOT LEASE

RIDE with G

For those who lease cars

09 Mercedez Benz CL, CLK, CLS Lease Rates – March 2009

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