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Mercedes-Benz E-Class Lease Questions

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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    You're welcome clseth. Well, spring has sprung and it looks like the dealer is understandably trying to make as much money as possible on the convertibles that they have in inventory. They certainly appear to be marking up this car's money factor.

    According to the latest information that I have seen, Mercedes-Benz Financial's current buy rate lease money factor and residual value for a 24-month lease of a 2013 E350 Convertible with 15,000 miles per year are .00160 and 64% for consumers who qualify for its top credit tier.

    The residual value for this car would be 2% higher for a lease with 12,000 miles per year, 3% higher for a lease with 10,000 and 4% higher for 7,500.

    Mercedes does indeed still have $2,000 spring event certificates out there on this car, but the trick is to get the dealer to use one on your deal.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi ponytrekker. Mercedes-Benz financial's April buy rate lease money factor and residual value for a 24-month lease of a 2013 E350 4Matic Sedan with 15,000 miles per year are .00130 and 56% for consumers who qualify for its top credit tier.

    If this car qualifies for Mercedes' "Value Added" program then you would be able to use its 24-month program for a 27-month lease, in turn lowering the payment some.

    Car_man
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  • I finally pulled the trigger... '13 E350 Cab

    Polar White w/Almond Mocha
    P02 package
    Wood trim
    Beige roof

    Seems very sparsely appointed but this is the first P02 package I have seen in all my searches for a white/beige combo. The P2 has all the P1 stuff plus a bunch of niceties including ventilated seats, a great thing for hot days!

    At any rate...

    MSRP $66605
    57% RV
    MF .0019
    Sale Price $60,200
    Monthly $920.00
    Prepaid maintenance
    Out the door 1st month + various fees (not tax)

    I know the MF is a bit higher than .0016 what it should be but the dealer was honest... That extra .0003 add about $30 month to the cost but it allowed them to discount the car $5500. If I wanted the .0016, the car would bump us in price just enough to make the extra $30. Bottom line, these guys need "x" amount of profit on a car... From the MF or the price... It's got to come from somewhere. They make a nice 'vig' on the bump in MF... everyone is entitled to make a living.

    I'm very happy with my deal! I doubt there many white with beige roof CABs in the country with p02 packages left.
  • ponytrekkerponytrekker Posts: 284
    .00130 and 56% are what I have for the 36. So no bene for 24 or 27 as I see it.
  • traderbtraderb Posts: 33
    Hi Car Man, I know this request is not the norm, but do you have lease rates for a 2013 E 350 Wagon, 4Matic. I'd like to compare 27 or 36 month rates, whichever they are most aggressive with. 12k miles/year. thx
  • jmatero2jmatero2 Posts: 4
    Can anyone provide the MF and Residual for a 2013 E350 RWD Sport Sedan?

    Thanks so much!
  • car_man,

    Are the 2014 MF and residuals available yet ?

    I am looking to get a 2014 E350 Sport 4MATIC, 36 months, 10K miles
  • ponytrekkerponytrekker Posts: 284
    >>rate lease money factor and residual value for a 24-month lease of a 2013 E350 4Matic Sedan with 15,000 miles per year are .00130 and 56%

    This cannot be right.

    Numbers I have received show more like a 67% residual if I reverse engineer.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi traderb. Mercedes-Bens is not providing any lease support on the E350 Wagon 4Matic right now. As a result, if you were to lease one through Mercedes-Benz Financial you would have to use its standard lease money factor. This figure varies by credit tier, but ti give you an example it would be .00205 for consumers who qualify for its Tier 1 credit tier.

    The residual value for a 36-month, 12,000 mile per year lease of this model would be 61%.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi jmatero2. Mercedes-Benz Financial's April buy rate lease money factor and residual value for a 36-month lease of a 2013 E350 RWD Sport Sedan with 15,000 miles per year are .00141 and 56% for consumers who qualify for its top credit tiers.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Yes they are ankurchopra87. Mercedes-Benz Financial's April buy rate lease money factor and residual value for a 36-month lease of a 2014 E350 Sedan 4Matic with 10,000 miles per year are .00137 and 62% for consumers who qualify for its top credit tiers.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Good catch, ponytrekker. That was the 36-month numbers. Sorry for the confusion. The 24-month numbers are .00130 and 67%.

    Car_man
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  • vexedvexed Posts: 10
    MB is providing more support for the MY 2014s; the money factor is lower?
    How do they expect dealers to unload the remaining 2013s unless the cap cost is really low. Otherwise it makes no sense to lease a 2013.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi vexed. The money factors are about the same on the 2013 and 2014 E350 Sedan 4Matic, but the 2013 model is eligible for dealer cash certificates that I don't think the 2014 model qualifies for yet. That's $2,000 in additional support on the '13 models plus the fact that dealers will likely be more willing to provide discounts on them leftover models.

    Car_man
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  • vexedvexed Posts: 10
    Thanks, much appreciated. Is that true for the RWD sport models?
  • Thanks!
    Pretty decent numbers.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    You're very welcome, vexed. The lease program for RWD models is slightly different than the program for AWD models.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    You're welcome ankurchopra87. Yes, the E-Class usually leases fairly well.

    Car_man
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  • tsw910tsw910 Posts: 2
    Hi Y'all ..

    I want to ask if this is a good deal?

    MY2013 E class sedan 4matic msrp around $59xxx -
    27 month lease
    15K miles per year
    service included
    $3000 total out of pocket
    = $599/month

    is this good? or should i get more aggressive?
  • zsandmanzsandman Posts: 6
    edited May 2013
    Hi,
    I just got several quotes on a 2013 E350 4Matc. This is the lowest one, so I'm wondering if it's worth taking or not. Thanks for your attention:

    Mercedes Benz 2013 E CLASS E350 4Matic SEDAN
    Exterior: White
    Interior: Black MB-Tex
    Premium 1 Package
    Wheel Package: 18" AMG®
    Rear Spoiler
    Split-Folding Rear Seats
    TOTAL MSRP $59,905, Sale price $52,500

    27 month lease, 10k miles per year $586 including NYC taxes.

    P.S. What are the MF and RV numbers for this car this month?
    The dealer flat out refused to tell me.
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