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 CLK Lease Rates – August 2009

Published 2009/08/112009/09/04 by G

logo_benz My Take: This is the last 4-seat convertible you will see from MB for probably a year. The E-Class should be coming out with a convertible sometime next year or early 2011 as a replacement (and a wagon too). If you can’t wait until then, you may want to get in on what’s left of the CLK350 and CLK550 convertibles. They are still have a decent money factor and residual value, so they are worth looking into.

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

2009 Mercedes CLK-Class

09 Mercedes Benz CLK-Class Lease Rates – July 2009

Published 2009/07/102009/07/10 by G

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

09 Mercedes Benz CLK, CLS, CL Lease Rates – June 2009

Published 2009/06/09 by G

logo_benz My Take: For those wanting a coupe, the CLK will be discontinued in favor of the E-Class sedan and coupe. Right now, it’s a VERY good time to get into a CLK350 or CLK550. The money factor is practically non-existent so all your payments are going straight towards the car’s value and taxes. Remember DrJ and Getpaid? They both got CLKs and they got real sweet deals. Check out April’s comments from DrJ to get an idea about the pricing on the CLKs. Unofficially, I can tell you this…my estimates are $716 per month at invoice, over 48 months/15k per year. There is $6000 dealer cash on this ride…$27 per month = per $1000 borrowed. That’s $162 per month off if you do the math, more if you tack on taxes.

I’m not going to comment too much on the CLS and CL. Suffice to say, the CL is not worth talking about and the CLS550 is actually a decent lease, not great, but acceptable.

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			At Invoice		At MSRP
Make/Model	Invoice	MSRP	36-month	48-month	36-month	48-month
09 Mercedes CLK550 Coupe	$53,699	$57,675	$840*	$716**	$951*	$799**

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 CLK-Class

2009 Mercedes CL-Class

2009 Mercedes CLS-Class

09 Mercedes Benz CL, CLK, CLS Lease Rates – May 2009

Published 2009/05/102009/05/10 by G

logo_benz My Take: Not much of a drastic change for the CL this month. Some residuals went up by 1% and some dropped 1%. A bit weird seeing residuals go up and down like that, but as long as it saves money, I’m all for it. CLKs this month are practically unchanged from April 2009, with the exception of the convertibles. Not sure if the lease deal Dr J got last month is still going on, but I don’t see why they wouldn’t want to move those still on the lot. Check last month’s comments from Dr J as a guide to your own deal on a CLK550 or even a CLK350. CLS rates went up a bit so I wouldn’t feel too bad if you decided to give it pass this month.

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2009 Mercedes CL-Class

2009 Mercedes CLK-Class

2009 Mercedes CLS-Class

09 Mercedes Benz CL, CLK, CLS Lease Rates – April 2009

Published 2009/04/202009/04/20 by G

logo_benz My Take: Quick hits here…CL, pass. CLK, solid “lease-to-buy” since it has very low money factors. CLS, skip the AMG model. In all honesty, the CLK is probably the only model I would consider of the three. The 24-month term shouldn’t be considered at all, so stick to the 36-month or 48-month terms. Like most “higher-end” Merc models, you end up paying for most of the depreciation within 4 years, making it a good option to buy if the money factors stay relatively low.

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2009 Mercedes CL

2009 Mercedes CLK

2009 Mercedes CLS

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