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Mercedes-Benz E-Class Lease Questions

Hi everyone. Please use the following discussion to post any questions that you have about leasing a Mercedes-Benz E-Class. Thanks.

Car_man
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  • Does anyone know the lease deals for September 06' on this model.

    Thanks

    NY/NJ Market.
  • Greetings jdls22. I have seen this car's new September lease program and would be happy to give you an idea of what it is like if you let me know how long you want to lease it for and how many miles per year you need to be able to drive it. for now I can tell you that Mercedes-Benz is currently providing a $2,000 cash bonus for leases of the 2006 E350 Sedan through Mercedes-Benz Credit this month. Make sure to take this cash into account when negotiating your car's capitalized cost.

    Car_man
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  • Hi, Car_man.

    Could you provide insight into September's lease program for the E350 and the E320CDI, and also any comments on the relative value currently of the lease programs for the C versus E?

    I am looking at BMWs and Mercedes sedans for a 2 to 3 year lease. My ideal is a Mercedes E320CDI, but I am also looking at the E350; the E series pushes me to the top of my comfort level on price, so I am open to any model that is a good deal right now. If I can't swing the E series, I will consider a C series, though they are a little small.

    I could live with a 10k lease, but would probably do 12k -- don't need 15k. I am completely flexible on lease duration 24, 36,39 months -- depending on rates. Definitely considering European delivery, which might affect my choice of 24 or 36 months.

    Thank you so much for your assistance.
  • Car man,

    can you also give me the RV and MF for a 2006 E350 4MATIC for a 36 or 39 month lease but with 15,000 miles / year. i know the special rate that MBUSA is offering but how would that change considering the fact i NEED 15000. also, what would be a good price for the car considering the 2000 rebate to the dealer? I'm looking to sign a lease within the next 48 hours so please respond as soon as you can!

    thanks
  • Hi seekingflow. Mercedes-Benz is not currently providing any sort of lease support on the 2006 E320CDI, which I not surprising I suppose given the increased demand for vehicles that get good gas mileage right now. It is providing support on the E350 Sedan, both a reduced lease money factor and a $2,000 cash bonus on leases of it through Mercedes-Benz Credit. Specifically, if you were to lease a 2006 Mercedes-Benz E320CDI through MBC right now for 39 months (this is probably the most attractive term for this car) with 12,000 miles per year, its buy rate lease money factor and residual value should be .00325 and 64%, respectively. If you were to do an otherwise identical lease of an '06 E350 Sedan, its numbers should be .00265 and 62%.

    Car_man
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  • HI carasap. Here's the info that you're looking for. If you were to lease a 2006 Mercedes-Benz E350 4MATIC Sedan through Mercedes-Benz Credit right now for 36 or 39 months (the programs for both terms are the same) with 15,000 miles per year, its buy rate lease money factor and residual value should be .00265 and 60%, respectively. This car also qualifies for the aforementioned $2,000 bonus. I am not personally all that familiar with what the market is like for this car right now, but you may be able to get a good idea of how much you should pay by visiting the following discussion: "Mercedes Benz E-Class: Prices Paid & Buying Experience".

    Car_man
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  • Carman please help ASAP, I'm signing in 72 hrs. According to MBUSA's website, this vehicle's lease includes a: $579.00 Mthly pymt; 39 mth term; $2950 dnpymt; 10K miles. My questions are the following: 1.)The bank fee of $795.00 is this negotiable? If it is, what is a fair price? 2.) Extra miles, is the cost/price (.15)negotiable? If it is, what is a fair price per mile? 3.) The $595.00 fee to return the vehicle at the end of the lease, is this negotiable? If it is, what is a fair price? 4.) Can any of these fee be removed altogether? 5.) In the numbers I stated as a monthly payment ($579.00) does that reflect the $2000.00 bonus money from Mercedes or should I be expecting a further reduction ($2000.00/39 mthly pymts = $51.28 per month) $579.00 - 51.28 = $527.72 new adjusted monthly payment? 6.) If I live in NY and sign a lease in NJ can I pay the sale tax portion in the monthly payment or is it mandatory to pay the total tax due on the lease up front? 7.) Is MSRP the starting # to calculate residual value, and if not what # come into play (bonus cash)? PLEASE expedite your answer!!!
  • Eddy,

    I am going through the same negotiation for my Mother-in-law right now. I found out yesterday that the $2K is included in the lease program. The recommendation from a friend of mine at another MB dealer (out of state), was that you wait until the end of next week near the end of the month, take a car out of dealer stock (as opposed to a swap or one that is in transit or in port), and you may do a little better since the sales numbers are way down this month.

    As for the fees, my experience with my own leases (about 6 in the last 3 years), is that they almost non negotiable. I am not sure about the extra mileage cost because my Mother-in-law will not exceed the allowance, bu if MB is only charging .15, I would take it. Most high end cars are getting .25-.35 now, it all depends on the bank the dealership is using.

    I can't answer the tax question for you, you'll have to wait for carman.
  • I'm in Seattle, WA and just got the exact lease deal that's been advertised and paid $2950 down and $549 a month. 10K miles. I just got the Premium Package that's advertised, everything else will be extra. But the PP has a lot in it, heated seats, CD changer, sunroof, rear sun shade, navigation, etc. This lease deal appears to be a much better deal than one can get otherwise.
  • Carman,
    I am new to leasing, and I have read alot on these forums and other website to get an idea of how all the calc's work and what is negotiable and what is not. Hopefully you can square away what my question are.
    I am going to lease an E350 using the special offer given by MB by the end of this month. The changes I want are to increase the milage to 15,000 per year, and adding the Bi-Xeon & Keyless go options. How should I approach the dealer with this and use the $2000 cash back to assist me in lowering the cap cost? What would my monthly payments be if I put no extra downpayment?

    Thanks,
    Bhavin
  • Hi eddys1954. Mercedes-Benz Credit charges a $795 acquisition fee on all leases. Unfortunately, this charge is not negotiable. The cost per additional mile is not negotiable either. The last time that I saw it, MBC's lease disposition fee was only $350, but it is possible that it has increased. I am sure that Mercedes' advertised lease payment for this car takes the $2,000 bonus cash into account, however most manufacturers leave a little meat on the bone so to speak with their advertised leases. They want to leave a reasonable profit for dealers in there. If there is competition for your business in your area there is a good chance that you will be able to beat the lease payment that Mercedes is currently advertising on this car by negotiating further with this dealer or by shopping around. I am not sure if a New Jersey dealer can calculate New York sales tax for you. Vehicles' residual values are always based upon a percentage of their full MSRPs.

    Car_man
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  • Thanks for taking the time to share the details of your lease with everyone, ctic1. Real world examples of how much people paid to lease their vehicles are always helpful for others who are in the market.

    Car_man
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  • Welcome Bhavin. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.

    In order to make sure that you get a fair deal on your lease, you should figure out exactly how much you want to your car, selling price wise, prior to visiting any dealers. You can look up the full MSRP and dealer invoice prices for the car that you want by visiting the New Vehicle Pricing section of this site. Once you know what these numbers are like, stop by the following discussion: "Mercedes Benz M-Class: Prices Paid & Buying Experience". You may be able to get an idea of how much you should pay for this car y looking at posts that were made by other community members who have recently purchased one. If you provide me with this car's full MSRP and an approximate selling price I would be happy to calculate a lease payment on it for you using Mercedes-Benz Credit's actual program.

    Car_man
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  • Thanks for the information. The MSRP of the vehical is $56,445 priced with options. The TMV "What others are paying" is $55,336. I wanted to pay about $550 for a 39 month 10,000 per year lease. By taking advantage of the 2000 cash rebate and the leasing special already in play by MB, do you think this is possible?

    Thanks,
    Bhavin
  • You're very welcome Bhavin. Let's estimate this car's lease payment using the prices that you provided and the new October Mercedes-Benz lease program. According to my calculations, if you were to lease a 2006 Mercedes-Benz E350 Sedan without 4Matic with an MSRP of $56,445 and a selling price of $53,336 ($55,336 TMV minus $2,000 lease cash) through Mercedes-Benz Credit right now for 39 months with 10,000 miles per year, your zero down, pre-tax monthly payment should be around $692. As you can see, this is nowhere near the $550 a month that you are looking for. I suspect that you will be able to negotiate a better selling price than Edmunds.com's TMV for this car, which will get closer to it by negotiating a lower selling price, but you are still going to be well over $600 per month for a zero down lease, especially once sales tax is added in (if your state charges it).

    Car_man
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  • Car man....

    Received a pretty aggressive quote from a local Mercedes dealer on an '06 E350 4-matic for purchase. I'd like to lease this car, and wanted to know the current MF and residual for 39 months, and either 12k or 15k miles so I could approach them with a fair lease number.

    Thanks!
  • Hello gold233790. Here is the info that you are looking for. According to the latest information that I have seen, if you were to lease a 2006 Mercedes-Benz E350 4-matic through Mercedes-Benz Credit Corp. right now for 39 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00265 and 60%, respectively. Its 12,000 miles per year residual value would be 2% higher. When negotiating your lease on this car, keep in mind that Mercedes-Benz is currently providing dealers with a $2,000 bonus on '05 E350 Sedans that are leased through Mercedes-Benz Credit. This cash allowance will help you to negotiate an attractive capitalized cost.

    Car_man
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  • Looking for same type of deal (39 month, 10000 miles per year), 2006 e350 sedan without 4matic.
    What is the mf and residual for this type of lease?
    Received a online quote (with limited info in the quote) today for e350 with sun roof package, 6 disc changer, and metallic paint. Msrp (estimating is 52720 not including destination charge), residual quoted 33670, 0 down and all fees and taxes rolled in, only first month payment due at delivery for $750 per month. I'm trying to evaluate this deal before I email back to haggle on the selling price.
    Thanks for your help.
  • Hi wagon098. If you were to lease a 2006 Mercedes-Benz E350 Sedan without 4Matic through Mercedes-Benz Credit's new November lease program for 39 months with 10,000 miles per year, its buy rate lease money factor and residual value should be .00275 and 63%, respectively. When negotiating your lease on this car, make sure to take the $3,000 bonus that Mercedes is providing on leases of it through Mercedes-Benz Credit into account. It will help you to negotiate an attractive selling price.

    Car_man
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  • Hi Car_Man

    I understand that the adjusted or gross capitalized cost of a car on a lease is the same as the selling price. On a lease from MB Credit where the money factor and special incentives apparently are in play (like the $3,000.00 cash to dealer?) is it really necessary to negotiate a selling price on a vehicle like an E350 4matic? Is the amount you pay at signing along with the payments always related to the selling price of the vehicle as stated on the lease documents?

    And what about this $3000.00 manufacturer to dealer that you mentioned on leases. Have you seen anything that large from MB before or should that not turn any heads?
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