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Mercedes-Benz E-Class Lease Questions

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Comments

  • msnjmsnj Posts: 5
    That makes sense. Thanks again. They are charging 1400 bank fees etc I guess that is a norm correct? Hopefully I can get the car tomorrow :-)
  • ghstudioghstudio Posts: 920
    edited February 2012
    The bank fee from Mercedes is $795. Some dealers mark this up to $1095. This is negotiable down to $795. I guess the dealer "administrative fee" is in that $1400 number as well....also negotiable.

    Both are just pure profit grabs by the dealer...
  • woozerwoozer Posts: 9
    edited February 2012
    Recently leased a 2012 E350 coupe, P-1, black on black, appearance package,
    Spoiler, 36 mo., 12k, drive off only, for $618/mo. Is this a good
    Deal.
  • ghstudioghstudio Posts: 920
    You are supposed to ask these type of questions BEFORE you sign the lease if you want help or have questions. There is nothing to gain by asking AFTER other than getting a pat on the back or a stick in your eye. I'll do neither....

    I assume you felt it was a fair deal.....enjoy the car.
  • msnjmsnj Posts: 5
    thank you; really appreciate your advise.
  • Hello Car_man

    Can you please tell me the best lease term available including the Lease Rate and Residual through MB Finance for a e350 sedan @ 12k miles/year. Also, if there are any current incentives.

    Thank You,
    Bobby
  • ghstudioghstudio Posts: 920
    The best e350 lease is a 24 month lease on a 4 door bluetec with 10 multiple security deposits.
  • Can you also give me lease rates for a 73k E550 36month/12k miles?
  • raab4raab4 Posts: 3
    I am considering a lease even though I average 25k a year or more in miles. Am I better to negotiate a lease of 10k miles a year take the higher residual value and then pay the mileage at the end? Is it smarter to negotiate for a 25k lease for 2 years? I have always purchased never leased.....but seems like with the diesel I might be ok with a lease. Any help or thoughts appreciated.
  • christiandschristiands Posts: 34
    edited March 2012
    Can you please give RES/MF for 350 4Matic Sport 33mos/10k? Thanks!
  • ipipip316ipipip316 Posts: 12
    Hi Car Man / Anyone:
    Do you have the Mercedes Competitor Conquest Information? How much is the Competitor Conquest for E350 4 Matic?
    Any idea does dealers will go below invoice - Competitor Conquest?

    Thanks in advance
  • 58985 sticker (P1, R08 wheels, spoiler)
    53k selling price
    .169 MF
    61% residual
    15k miles
    I have an existing loan with MBF so I am entitled to 2k incentive
    NJ resident
    $733 sign and drive

    Would love to get any feedback on the price. Thanks.
  • ipipip316ipipip316 Posts: 12
    Hi Mike:
    what is the monthly payment? did u get 4Matic and Mercedes Care? Thanks
  • Hi,

    Yes 4matic. 733 per month lease payment. 0 down. If the Mercedes care plan is 3 free services over the 33 mos, then yes. Thoughts? Thanks.
  • ghstudioghstudio Posts: 920
    edited March 2012
    It looks like a pretty good deal..... One thing you could innocently ask... ask them to calculate the deal if you make 10 security deposits....(multiple security deposits are part of Mercedes Finance normal lease plan...dealers just don't understand them or even know about the provision). note: MSD's are not available in all states..e.g. not in NY

    For each security deposit (payment) you LOAN mercedes up front, they drop the mf by .00007. In your case, you have a special rate, so they shouldn't use that as the base....rather they should use .00225 as the base which would then reduce to .00155. Since you are getting .00169 without the deposits, it's not worth it. BUT...if they use .00169 as the base....your monthly payment would reduce by roughly $70...that's every month. Some dealers do it the wrong way....so it's worth innocently asking.

    Why is it such a good deal?? you loan mercedes $7500 for 33 months...you save $70 a month or over the life of the lease, you save $2310....AND you get the 7500 back...it's a security deposit, not a down payment. You have effectively made $2310 on your $7500...and if you left that money in a bank instead, you might, if lucky, have earned $250.

    Give it a try...nothing to lose.
  • puripuri Posts: 16
    Hi
    I bought a similar/ same car 59k, 33 mo, 15k miles, service included and am paying 641/mo but I was out of pocket 1200 excluding the first month. Though I closed the deal in Feb! So looks like u r paying approx 93/month extra over the 33 months which amounts to approx 3000!
    I would ask u dealer that if u had to pay 1200 what would be the payments?
    Let me know how it goes or if I can answer any specific ques!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hello Bobby. Mercedes-Benz Financial's March buy rate lease money factor and residual value for a 36-month lease of a 2012 E350 Sedan with 12,000 miles per year are .00169 and 54%, respectively for consumers who qualify for its top credit tier.

    Mercedes is currently providing a $2,000 owner loyalty offer or a $3,000 conquest offer to current owners of competitive models on this car.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi grandmama. Mercedes is not currently providing any support on the 2012 E550 Sedan. As a result, if you were to lease one through Mercedes-Benz Financial right now you would have to use its standard lease program. Its buy rate standard lease money factor for consumers who qualify for its Tier 1 credit tier is currently around .00225, though this may vary somewhat by region.

    MB Finance's current 36-month, 12,000 mile per year residual value for this car is 58%.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi raab4. If you plan on driving a ton of miles, you almost definitely would be better off leasing with 15,000 miles per year and then purchasing additional miles on a per-mile basis at lease-signing rather than paying a massive penalty at lease-end.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Greetings christiands. Mercedes-Benz Financial's March buy rate lease money factor and residual value for a 33-month lease of a 2012 E350 Sedan 4Matic Sport with 10,000 miles per year are .00169 and 64%, respectively for consumers who qualify for its top credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
This discussion has been closed.