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Re: Debating buying '06 R350. 27-mon lease ends on 3/2. MBF offered $13,388 [nm_socal]
by pinerivergal on Sun Mar 15 08:31:23 PDT 2009
Thanks so_cal, I was wondering what you had decided. I too, am going to walk away. When I started looking at what I could get for 25-30K, I can get a CPO Infiniti or Audi that has 2 more years warranty on top of the original offered, so it doesn't make sense to me to buy my R when I will be at 39 months in June. A local Infiniti called up MBF and my payoff at 36 mos was $37K, and they were still interested in doing the deal! Seeing as I have to replace the tires at $800+, it's a no brainer to walk away. Doesn't change the fact that I've loved driving this car for 3 years. And that these boards have been invaluable. Thanks everyone, also!
Re: Debating buying '06 R350. 27-mon lease ends on 3/2. MBF offered $13,388 [tmblweed0429]
by nm_socal on Sun Mar 15 03:30:14 PDT 2009
Greetings, everyone. I absolutely agree that being the owner of this car, MB Finance gets to set its price. My contention was from their own angle: why not make more money *AND* have a satisfied customer. They knew how much they would get for the car, when they sell it directly to a dealer or at an auction. The lease return manager at the local dealership confirmed this: $19,500 - $20,500. So, why not negotiate with me for less than $25.5k, but still a lot more than they'd get anywhere else? In comparison, the dealer offered to sell me a certified (CPO) 2007 R350, with nearly the same options as mine, and the same mileage, for $26,500. It made no sense to buy mine, and at the end, I walked away. Thanks, everyone, for their contribution on this forum.
Debating buying '06 R350. 27-mon lease ends on 3/2. MBF offered $13,388
by tmblweed0429 on Sat Mar 14 21:46:22 PDT 2009
kyfdx, you are 100% correct. I am glad to see someone who understands what is going on out there. It amazes me that people think a company like MB Finance doesn't have a right to sell an asset for whatever price they choose. I am sure if nm_socal owned a car, he or she would feel they have a right to put whatever price they wanted on it.
Re: Debating buying '06 R350. 27-mon lease ends on 3/2. MBF offered $13,388 off [nm_socal]
by benzgirl28 on Wed Feb 11 20:49:19 PST 2009
Just a little input if you dont mind. MB has a pull ahead program taking car of up to 5 of your lease payments. Also dealers now have DEPP numbers which would give you employee pricing on a lease on a new R class i think its 449 for 39 months with 10 k per year you might look at this option if you were considering a new MB
Re: Debating buying '06 R350. 27-mon lease ends on 3/2. MBF offered $13,388 off [pinerivergal]
by nm_socal on Tue Feb 10 16:25:24 PST 2009
pinerivergal: Just a thought. I'd gladly update you with how my situation ends up, but here's something you may want to consider. I wonder if there's an option to buy the car NOW, and avoid the last 3-4 payments. That alone could be the difference that you're seeking, to make it an attractive deal. See if that is an option. Thanks.
Re: Debating buying '06 R350. 27-mon lease ends on 3/2. MBF offered $13,388 off [pinerivergal]
by nm_socal on Tue Feb 10 16:21:38 PST 2009
Thanks, everyone, for your comments. Your input is well-appreciated. I just wanted to send a quick update. No new development. No contact, and no followup from MB Financing. The dealership called, trying to sell me a new car. They haven't come back as yet with the options regarding the end-of-lease options. My biggest concern with purchasing this car would be its post-warranty maintenance, and resale value in 2-3 years. So, unless they offer some more discount off of the residual, I am preparing to walk away. Thanks, again. Will send another update soon.

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