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

1104105107109110162

Comments

  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi ipipip316. I believe that the competitor conquest cash offer on this car is currently $3,000. I personally doubt that dealers will be willing to go under invoice before the deduction of this incentive, but you can always give it a shot and see what happens. I personally feel as though several hundred dollars over invoice minus the conquest cash is a more realistic target price.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • eric312eric312 Posts: 71
    What are the March rebates and/or conquest cash in New York city for

    E350
    E350 BLUETEC
    E350 4matic

    Also, does anyone know if there is any special maintenance required for E350 BLUETEC as opposed to regular E350? Are there any disadvantages to leasing E350 Bluetec as opposed to E350?

    Thank you
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hey eric312. Mercedes-Benz is providing a $3,000 conquest cash incentive on the 2012 E's in March.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Would appreciate knowing the 36 month/12K miles MF & residual for the 2012 E350 wagon.
    Thanks
  • ghstudioghstudio Posts: 920
    edited March 2012
    Answered in the Diesel thread....but the only disadvantage is that there are some gas stations that don't carry diesel but given the number of trucks and pickups that use diesel, it's really not a problem. The other disadvantage is that the car will be worth so much at the end of the lease due to the high residual value that you won't want to buy it because it's too expensive ...

    24 months is the optimal lease for the Bluetec....not 33 which the dealer will suggest. 33 is good for gas models. If you lease a diesel, use Multiple security deposits to bring down the interest rate. This doesn't work for the gas cars because they have a "promotional" rate...but the diesel doesn't so using MSD's brings down the cost per month significantly. If your dealer doesn't understand Multiple Security Deposits, ask them to call Mercedes finance and find out because it's a standard part of the mercedes lease. There are a few states where you can't do Multiple Security deposits like NY...but if you lease the car in NJ, you can use them and many do just that.

    I love my late 2011 e350 bluetec with P2 package. Just a wonderful car and I leased for 24 mos with 10 MSD's. Prior to the e350, I drove three infiniti M's including the M37 which I hated (transmission issues). My e350 Bluetec is more comfortable, quieter and far far more fuel efficient.
  • eric312eric312 Posts: 71
    Thank you for replying.

    I am in NYC and probably less than half gas stations have diesel. Once i get on the highway it should not be an issue.

    I was told by a dealer and several leasing brokers that there is very limited availability of E350 bluetecs. Which does not make sense, why would MB have promotion on them if there is no oversupply but on the other hand maybe due to promotion most cars got sold/leased.

    Will contact few more dealers tomorrow.
  • info123info123 Posts: 1
    Does this apply to cash purchases? Is the 3,000 paid from the dealer or Mercedes? I am trying to figure what to offer on a new e350 with a dealer cost of 52,557 that is listing at 57,685. Any help is much appreciated.
  • The conquest cash is paid directly to the dealer by MB. You just have to bring a current registration of a covered vehicle with you and they do the rest. From your end it's basically as if you had brought with you an extra $3k as far as negotiating goes, only that it doesn't actually come out of your pocket.

    Everybody has their own style as far as bargaining goes, but I would probably start at $49.5k and let them huff and puff a bit up to $50k. Used to bargain over the last dollar, but nowadays I think 500 over invoice minus factory incentives is a fair deal. YMMV.
  • Thanks very much I will!
  • Can you please run the math by us for E350 Bluetec 24-month lease? Using 10k-12-15k residuals. And same money factor for each?
  • ghstudioghstudio Posts: 920
    edited March 2012
    Ask your dealer to do it....and have them do it with Maximum 10 multiple security deposits. I dont know this months numbers......I also don't know what negotiated price to use or what discounts you might be eligible for.
  • Hi:
    Got an offer from NJ dealer:
    White
    P1 Package + Panorama Roof + Rea Spoiler + Split Fold Seats + Cargo Storage Bin + 2Y Mercedes Care

    MSRP: 59945
    Final Price: 53100 (dealer claim Invoice - $3000 conquest)
    33 month 0.00169 MF 63 residual
    Tax and fees Up Front
    $625.00 per month in NYC

    Is it a good deal or should wait for June / July for better program?
  • ghstudioghstudio Posts: 920
    edited March 2012
    If the deal includes the maintenance in the 53100 then the deal seems OK.....and who knows what the offer will be in June/July. Invoice is MSRP - 7%.

    I would not pay bank fee and dealer administration fees upfront....roll them into the lease. You don't mention what the $'s are for these. Mercedes charges $795 for establishing the lease which some dealers mark up to $1095....and the administrative fee seems to vary with $695 being the number most used. You should be able to negotiate to $795 and perhaps negotiate the dealer admin fee (profit) down as well.

    Does the monthly charge include taxes??
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Yes it should info123. The incentive is paid for by Mercedes, not the dealer.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • 140am140am Posts: 1
    Hello,

    Does this cover the E550 Coupe as well? Looking for a good lease offer on a E550 coupe this month (30-36m, 10-12k miles).

    Thank you!
  • Just leased a 2012 e350 bluetec sedan with premium 1 launch package, rear spoiler, and 321 sport package. 570 a month 24 months with 10k miles a year. Just paid first month and this includes everything except evil vehicle turn in fee and next years dmv. Was this a decent deal?
  • ghstudioghstudio Posts: 920
    I know you want everyone to pat you on the back....but you should have come here first.....not after you signed the lease.

    In most states, you could have lowered your monthly payment by $50 or more by using multiple security deposits. Many in NY where this isn't allowed, lease in NJ where it is allowed....most other states allow it. It's a standard part of merecedes finance leases which dealers don't understand and don't discuss. It is a mercedes offering, not a dealer offering although some dealers claim "we don't offer that" which is pure BS unless in one of the very few states where it is, for some reason, not allowed.

    You should have included mercedes basic maintenance because a) you have to do it (or equivalent) as part of your lease contract...and b) because many dealers treat it like an option....so you only pay part of the cost.....on your car, you would have only paid 23% of the cost of that maintenance. Without it in the lease this way, you will pay 100%.

    Too late....enjoy the car for 24 months and then come back for pointers before you lease the next one.
  • tlecotleco Posts: 34
    edited March 2012
    How could it be possible paying $570 with NO $$ down and first month only payment
    You must have leased a stripped down car at $50,000 to get that price
    The lease advertised with $3800 Down EXCLUDING TAX
  • dewarsandsodadewarsandsoda Posts: 120
    edited March 2012
    Hi tleco,
    Don't be deceived by the advertised lease specials as these mean nothing. Only three variables matter when it comes to determining a lease: RV, MF, and negotiated sales price.

    By way of example, I leased an E350 Bluetech sport (24mo/12k miles a year) for $460 a month (includes tax) with $0 down. The car was nicely equipped with P1, parktronic, spoiler package, tinted windows, and split folding seats. I did apply the conquest rebate, and I did capitalize on MSD's to reduce the MF, which as ghstudio notes, affords a substantial monthly savings. And the best part is that said deposits are returned at the end of the lease.

    Cheers!
  • sorry wasn't looking for a pat on the back just wanted to know if i messed up or if i did ok.
This discussion has been closed.