Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Mercedes-Benz E-Class Lease Questions

19899101103104108

Comments

  • Sounds good (almost impossible), but that's a RWD car. Nobody wants those in Chicago. They're useless here. Did you have a trade?
  • ghstudioghstudio Posts: 968
    could you give us miles per year...money factor and residual. It would help those of us trying to negotiate our deals.
  • pete96pete96 Posts: 13
    Can anyone point me to a dealer wit h no money down 550 a month or better. Thank you.
  • ghstudioghstudio Posts: 968
    you should be able to get that price on the new diesel e350 when it comes out next month (?)....it will have a higher residual than the gas car and it will be the lowest price E. Of course it depends on your credit rating, how you want the car equipped, and of course which e.
  • sibra74sibra74 Posts: 7
    Just pulled the triger on a 2014 E350 Sport P1 Package w/Flat bottom 3-spoke sport steering wheel, 18-inch AMG twin 5-spoke alloy wheels, comfort box

    MSRP: $57,725
    Sale Price: $49,255
    27 Month Lease
    $1650 down (includes 1st pmt.)
    10K Miles a Year
    Monthly Pmt: $494 + tax

    This was the best deal I could find. Most dealers are not willing to give the buy rate Money Factor, but these guys were.

    Only thing I am worried about is the allotted miles. I know I will go over, but a friend told me to never pre pay upfront for miles. Hopefully with the deal that I got, I won't be upside on what I owe versus what the car is worth at the end of the lease. I normally sell my leases at the end, but this is my first MBZ, so I'm not sure what to expect.
  • hbtrojanhbtrojan Posts: 10
    That's an awesome deal. Can you provide more details e.g. sales price, money factor, is the monthly payment and down payment inclusive of all taxes, fees, etc.

    Who did you work with at Rusnak? I'm in LA and looking for a similar car.
  • Hi,

    Can the knowledgeable please comment on this deal. Can it be beat? I had a 2013 but some flash floods in Vegas resulted in the totaling of the car; too bad for me:

    Sale Price 56,634
    Acquistion fee: 995
    Established Value: 57629
    Residual value: 3528.40
    Fixed Rent: 775.60
    Sales tax: 775.60
    Total monthly payment: 838.42
    Doc fee 495.00
    Drive off: 1401.77

    At a vegas dealership.
  • Hi Valley Guy,

    I apologize for my delayed reply. The first deal I had the internet sales manager never called me back. I actually sent her four emails and left two voice mail messages. Business must be good. Fortunately, I was able to secure another vehicle from a different dealer and here is the deal I got.

    E350W4

    Palladium Silver
    Black Leather
    Chrome Door Handle Inserts
    P1
    Rear Spoiler
    3 Spoke Steering Wheel
    Split-Folding Rear Seats
    Lighting package
    Active Mult-icountour drivers seat with massage
    18" AMG Wheels
    Keyless go Package
    Heated Front Seats
    Lane Tracing Package
    All other standard options e.g Harmon/Kardon Surround, rear view camera, etc.

    27 Month Lease
    69% residual
    .00164 MF
    $0 cap payment
    MSRP - $67,420
    Sale price - $56,000
    Monthly payment - $617.06 (which includes taxes)

    Discount off MSRP - 17%

    $1,503 (Out of pocket costs for upfront taxes, doc fee, acquisition fee, = MA DMV.)

    I was very pleased with this deal as I had one dealer not budge below $58,975 on a 13' model. I picked up the newer 14' model for $7k less.

    Thank you again for all your help!!
  • Hi Commander91,

    Please see the deal I just secured and posted. I am not sure if you are purchasing or leasing but my payment with $0 money down is about $222 less per month at $617.06 MSRP was $67,420.
  • Hi Dfdub,

    Please see my post #3108. My MSRP was $67,420 and with $0 money down my monthly payment is $617.06. So, yes, I think that is crazy high especially since you are putting $1,200 down.
  • Hi,

    Purchasing but it's a coupe, not a sedan
  • Hi Ghstudio,

    Please see the deal I just secured on my most recent post. I got 12K miles and a MSRP of $67,420 with $0 money down and my MP was only slightly higher.
  • ghstudioghstudio Posts: 968
    Would you post the name of the dealer (that's ok on this forum). I'd like to talk to them about an e550 lease.
  • Hi,

    The dealership is Mercedes-Benz of Boston. Please ask for Thanh who is my sales rep and let him know I sent you. Just so you know I really pushed him hard on the pricing. I would do the same thing.

    Good luck!
  • Mind sharing the dealer info?

    Also, was there a trade involved? Did you qualify for any special incentives such as USAA, MBCA, loyalty, etc.?

    Thanks in advance!
  • Sorry, just saw your other post with dealer info....

    What was the mileage allowance? 10K or 12K/yr?
  • Hi,

    The dealer is Chambers Motorcars of Boston (in Somerville MA.)

    No, there was no trade involved. The only special incentive I used was the August USAA which was $3,000. No, loyalty.

    Let me know if I can help anymore.

    Cheers!
  • Hi,

    The mileage allowance was 12K per year.
  • sm16sm16 Posts: 5
    Does anyone know the current residual and MF for a 2014 E550.

    10K miles/yr for 36 month and 27 months?

    Thanks!!
  • CarMan,
    Can you let me know the residual and MF for a 2014 E250 Bluetec. 24months and 15k miles.
    Thanks
  • Hi,

    Can some one please give me the money factor on 2014 E350 Sedan.
    My dealer quoted me money factor of .00161 and MSRP is 61k, negotiated to 54k and for 10k miles per year, with 5K down, it's 516$ per month,

    Can some one kindly let me know if it's a good deal and if the money factor is right?

    Regards,
    Ray.
  • instead of putting that $5K down, use it to make multiple security deposits. You can make up to 7 (approx $4200) that you are loaning mercedes for the life of the lease. In return, they will reduce your money factor by .00049...so your interest rate drops. Your monthly payment will go up, because you didn't make the capital cost reduction, but remember you will get the $4200 back. Add up all the payments for the entire lease and you'll find that over that lease, you saved over $1000. The hard thing to get over is that your monthly payments will be higher (because you didn't put money down)...but you are saving money. There is no trick here...and it's part of the standard mercedes lease, although many dealers don't know about it, others don't understand it, and still others say it's too little money to worry about. It's not....just add up all the checks you will write under both cases (with and without Multiple security deposits).

    Finally, make sure you get mercedes basic service included in the lease negotiations (not some "better" policy offered by your dealer. Why?? Because it is treated as a feature.....that is you don' t pay the whole amount, you only pay as if it's a feature. E.G. if you have a lease with a 70% residual and the maintenance package for your lease mileage is $1000, you will actually only pay 30% of that $1000, or $300 for the service. It's a great deal but you have to know what to ask for.

    54K sounds reasonable...I've was offered 10% off MSRP on any e class last week without negotiating very hard.
  • MSRP $59,720
    Negotiated Price $49,720
    Down $3,500 (includes 1st month's payment)
    Payment $512 (excl sales tax)
    Term 42 months
    MF .00148
    Residual 52%
  • looking for money factor and residual for 10k lease, on 2014 e350. 36 months is ideal, but is there a "sweet spot" at 27, 33, or 42?

    Also, is there any loyalty money for trading out of a mercedes lease and back into a mercedes lease?
  • I believe 27 months is the current sweet spot on an E350.

    I am considering an e550. Does anyone know the residuals and mf for 27 and 36 mos 10K/year.
  • just got quoted mf of .00248 for 2014 eclass lease. i assume that is NOT the buy rate. Can anyone confirm?

    also, what is the "buy price" on lease acquisition fee. $795?? (Again, i'm thinking no)

    Thanks all.
  • Hi Ray,

    Please see the deal I just structured and am very pleased with. The money factor on the same lease was .00164 which is the buy rate - there is no mark-up. So, it appears your rate is lower and while I did not do the math, might include the discount for auto pay.

    I am not sure about multiple down payments and it does appear interesting, but in my opinion, I would you never want to loan someone such a large amount of money when they are not compensating you. The opportunity cost is too big for me but that's just my opinion.

    I can tell you that your 11.6% discount can be improved upon significantly, and really without too much effort on your part. I was actually in the same position as you and asked another dealer if they could do any better and they came back with a 17% discount. I did not put any money down either.

    Further, I am against putting any money down on a vehicle in the event of a total loss or theft you can not get your down payment back.
  • Multiple security deposits save you way more than most investments pay, so it is a no brainier to do them if you have the cash. You get the money back at the end of the lease too. Just google Multiple Security deposits.
  • kyfdxkyfdx Posts: 31,206
    Not only that, anything that lowers your payment is an "after-tax" return.. and, guaranteed...

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • sm16sm16 Posts: 5
    CarMan - do you happen to have the latest MF for a 2014 E550 for a 36 month/7,500 miles/yr lease? Thanks in advance!
This discussion has been closed.