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Old 04-15-2008, 03:19 PM   #1 (permalink)
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Date registered: Mar 2008
Vehicle: Black B
Location: Richmond, BC, Canada
Posts: 119
Doh! Lease rates went down!

So everyone in this forum knows that we picked up our B200 on April 1. During the month of March, MB Canada had a special lease rate of 3.9% for a 39 month 'stretch lease.' I found out though, that for April, MB Canada lowered their lease rates to 2.5% on the same 39 month term.

This is one time when I wish I should have waited!

I was just so hyped on getting the B, I thought I was doing myself a favor by waiting till the last minute to make the deal.

Is there anything I can do ie: go back to my dealership and see if they can re-write the lease to the lower rate?

Any experience from anyone in doing something like this?

Thanks!
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Old 04-15-2008, 05:20 PM   #2 (permalink)
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Date registered: Dec 2007
Vehicle: 2008 B200, 2008 Audi A3
Location: Whitby, ON
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Don't sweat it Martman, the residuals have probably been reduced, too, to compensate. You may have also noticed that Audi is advertising the A3 for 0.6% lease rate now instead of the 1.5% last month, but what they don't tell you is that they also dropped the residual by 5%, resulting in a net increase in the monthly cost by my calculations.

Even if there is no residual change, I doubt there is anything you can do at this point except enjoy your car and don't worry about it. Maybe it's worth asking given the timing (Apr 1) but I wouldn't expect too much. Good luck.
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Old 04-15-2008, 07:37 PM   #3 (permalink)
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Thanks, jmcc,

We are actually very pleased with our choice of vehicles. Did not think about the residuals changing as well, though. I may try asking the dealership anyway. You never know, they might do something about it. No harm in asking, right?

Thanks again!
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Old 04-16-2008, 01:11 AM   #4 (permalink)
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Date registered: Feb 2006
Vehicle: B200 CDI SE
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In this life you win some & you lose some. You can't win them all I'm afraid.

But youv'e got a great car though, so why worry
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Old 04-16-2008, 11:25 AM   #5 (permalink)
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Date registered: Dec 2007
Vehicle: 2008 B200, 2008 Audi A3
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Good advice from Keith. I would add "never look at the auto section of the newspaper for a few weeks after you make a deal" LOL.
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Old 04-16-2008, 04:04 PM   #6 (permalink)
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Quote:
Originally Posted by jmcc View Post
Don't sweat it Martman, the residuals have probably been reduced, too, to compensate. You may have also noticed that Audi is advertising the A3 for 0.6% lease rate now instead of the 1.5% last month, but what they don't tell you is that they also dropped the residual by 5%, resulting in a net increase in the monthly cost by my calculations.

Even if there is no residual change, I doubt there is anything you can do at this point except enjoy your car and don't worry about it. Maybe it's worth asking given the timing (Apr 1) but I wouldn't expect too much. Good luck.
So I did speak with my dealership about the new lease rates (I had to try, right?) and true enough, MB Canada did lower lease rates, but also reduced residuals. My sales rep did say as well that we might not have gotten away with the price adjustments that we worked out if we went with their new offer.

Moral of the story is stop looking at deals AFTER you've made a purchase!

I DO enjoy the B200 though. Really glad we made the decision.

Cheers!!!

Me when I am out driving the B.
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Old 04-30-2008, 04:24 PM   #7 (permalink)
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Date registered: Sep 2007
Location: Markham, ON, Canada
Posts: 36
Quote:
Originally Posted by martman View Post
So I did speak with my dealership about the new lease rates (I had to try, right?) and true enough, MB Canada did lower lease rates, but also reduced residuals. My sales rep did say as well that we might not have gotten away with the price adjustments that we worked out if we went with their new offer.

Moral of the story is stop looking at deals AFTER you've made a purchase!

I DO enjoy the B200 though. Really glad we made the decision.

Cheers!!!

Me when I am out driving the B.
so true, I got in a lease when it was at 4.5%....but oh well, I enjoyed it for 8 more months than others for only $ 20 more a month, it is alright I suppose.
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