09 Mercedes Benz CLK-Class Lease Rates - July 2009

logo_benz My Take: I hope some of you were able to jump on the CLKs the last couple months. I have to apologize regarding last month’s CLK post because it came a tad too late. I should have put in more effort reminding everyone that the CLKs were being discounted heavily and that you should look into them ASAP. It wasn’t that I was wrong regarding the deals. It was more about the fact that I posted the CLK Deals Announcent on THE LAST DAY of the month. Obviously that didn’t really help everyone plan ahead. So, my apologies. There is a light at the end of the tunnel though. The CLK coupes have $13,000 dealer cash on any lease, cash purchase or financed purchased. The problem is, the money factor sucks and MBFS isn’t offering special financing on them anymore. I would suggest securing your own loan. Shop around for the lowest rates and see whats out there. I checked with LeaseCompare and they can’t really beat the insanely high lease rates MBFS is charging. The money factor is significantly lower, but you are taking a huge dump on the residual value. Not a bad thing if you plan to buy the car at lease end, but I would rather have you go straight to financing the purchase instead. If you decide to buy the car, check with your local bank or credit union. Of course the most desirable way to get this ride would be to pay cash upfront, offer 13k below invoice, tack on your taxes and fees and be done with it.

Quick little comment about the convertibles this month. They are okay. No cash available, but I’m sure you can negotiate a fairly attractive sale price since these cars are the last of their kind. Special financing is still available on these (2.9% for 66 months), so not all is lost.

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

2009 Mercedes CLK-Class

RIDE with G

For those who lease cars

09 Mercedes Benz CLK-Class Lease Rates – July 2009

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