Going lease prices ?

[turbotom1]

Anyone know what a good price on leasing a CL63 is ? I heard MB is discounting them at $25,000 off but is only offering a residual of $60,000 or 50% after three years.

To remove this ad, register today or login if you already are registered!

[WSH]

Don't know

Do know that my '09 CL65 is a hell of a lot more fun to drive (and a much better value) than my prior, dynamically brilliant '08 CL63 030....738 lb-ft tq (w/excellent traction) and an elegantly finished leather interior truly supersede CL63 030 at any price (only advantage of 63 is a ~250lb lighter nose b/c of motor, but easily adjusted via driving style changes, even in mtn twisties)

Given '10 CL65s will be released ?9/7/09 (I have a July build on the way), would think a 3 yr lease of a '10 CL65 and handing it back for an all-new ?'13 CL?65 is the frugal guy's (or at least the value-conscious guy's (no one needs a new CL anyway)) approach

[deniska]

If you can get one for $2,500 with 5-10k down that would be a great deal.. Check out lease trader they have a few under $3k a month and you dont need to put anything down.

[turbotom1]

Originally Posted by deniska

If you can get one for $2,500 with 5-10k down that would be a great deal.. Check out lease trader they have a few under $3k a month and you dont need to put anything down.

Just got back from the dealer and you were exactly right
Thanks much !

[turbotom1]

Found this handy chart about the cost of owning the CL63 versus CL65, some food for thought....

http://www.automobilemag.com/used_ca...ass/index.html

-----------------------------------------------

http://www.motortrend.com/cars/2009/...hip/index.html

[deniska]

Originally Posted by turbotom1

Found this handy chart about the cost of owning the CL63 versus CL65, some food for thought....

http://www.automobilemag.com/used_ca...ass/index.html

-----------------------------------------------

http://www.motortrend.com/cars/2009/...hip/index.html

Thanks but I think it would be better if I dint see that lol still a great car had mine for 2 years, love it and still get compliments to this day. Previous car was a CLS55 that I owned for a year.

[thechidz]

how does the leasing work? can you negotiate a better deal with the person leasing?

[alx]

Originally Posted by turbotom1

Found this handy chart about the cost of owning the CL63 versus CL65, some food for thought....

the data contained in this pdf is from another planet.

residuals quoted there are 100% more than they are in reality.

alex
few cars

[turbotom1]

Originally Posted by alx

the data contained in this pdf is from another planet.

residuals quoted there are 100% more than they are in reality.

alex
few cars

Hmmm... I dont see the word residuals in the chart ?

Originally Posted by thechidz

how does the leasing work? can you negotiate a better deal with the person leasing?

Generally speaking, the way I understand it is you add up cap cost reduction plus the monthly payments (say 36 months) and the residual due and the end of the lease.

If they total less then the window sticker you did well. If it's more that is because of the interest on the payments and lack of a discount.

Remember the interest is on the vehicle and not the payment itself, typically $18,000 for 36 months.


http://www.automobilemag.com/am/99/2...hip_costs.html
Kelly Blue Book.
2006 Mercedes-Benz CL-Class CL55 Coupe 2D
Condition Value
Excellent $41,475
Good $39,575
Fair $36,175

[thechidz]

so are you saying there is interest you pay on the vehicle in addition to your monthly lease payment and the down payment and lease transfer fees? I apologize for newbie questions

[turbotom1]

Originally Posted by thechidz

so are you saying there is interest you pay on the vehicle in addition to your monthly lease payment and the down payment and lease transfer fees? I apologize for newbie questions

Its included in the payment number the dealer gives you.
try this online version and use 6% interest and try and match some ad prices in the local paper.
http://www.leaseguide.com/calc.htm