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

14344464849162

Comments

  • BKNYC- That price is good for what I've seen so far. I still think in a month or so it will come down further. Where did you get that quote? What dealer? Did that out of pocket number include the first month?
  • bknycbknyc Posts: 57
    Car_Man
    Out of pocket does include 1st month payment.... actual payment went up a bit to $765 (was $747) because of equipment (now $59,075 from $58,235)
    Thanks
  • hey bknyc
    what dealer is that?
    i just came back from Ray Catena MB in Edison NJ and I wasn't happy with the rates

    2010 E350 Coupe - $52,875
    black/black
    premium 1 package
    862.67 x 36 months/12K miles a year
    $5,122.33 due at signing

    or with the NY tax into the monthly payment
    957.18 x 36 months/12K miles a year
    $2,460.61 due at signing.

    in both cases, its a bad deal, so i'm curious to know your dealer bknyc
  • Will you please let me know which dealer you got this quote from. Thank you Your help will be greatly appreciated
  • bknycbknyc Posts: 57
    Ray Catena in Union...My quote included a Fleet discount and was $2100 out of pocket and final # came to $780 per month including NJ sales tax
  • How much is fleet discount on e class?
  • hey bknyc
    is there any way you can email me the contact information of your dealer? that is the best deal that i have heard offered anywhere. thanks, my email is bishoiaziz@aol.com.
  • How did you get the fleet discount bknyc?
  • bknycbknyc Posts: 57
    Fleet discount is $2000....
  • bknycbknyc Posts: 57
    My company is part of the fleet program...
  • CarMan
    I would like to know what you think about this offer. Car is priced at 68.1K. Base cap cost of the car is 63,777. 36 months lease, 5K out of the pocket, 6.25 sales tax, 15miles/year dealer's payment comes out to 1026. When i do my calculations i get payment of 955 using money factor .00259, $795 lease fee, 36months with residual 53%. Please let me know if i am doing something wrong with my calculations. Dealer is promissing to me that they are using same money factor and residual as i do. Thank you and your help is greatly appreciated.
  • In NYC

    2009 E350 Wagon - New
    MSRP 65.8k
    Reduced 13.k
    Sale price 52.8k

    Early lease term on a 27 month lease at 15 months - full buyout of the remaining lease payments of 9.6k (5 month loyalty, no car return fee and USAA money + some dealer cash) so I walk away owing no money.

    Have to buy - lease terms not great - need to use MB finance rate of 6.9

    Can i do better?
  • Do you happen to know your Vehicle Sales Price not MSRP?
  • HI CarMan,

    What do you think about this deal?

    In NYC

    2009 E350 Wagon - New
    MSRP 65.8k
    Reduced 13.k
    Sale price 52.8k

    Early lease term on a 27 month lease at 15 months - full buyout of the remaining lease payments of 9.6k (5 month loyalty, no car return fee and USAA money + some dealer cash) so I walk away owing no money.

    Have to buy - lease terms not great - need to use MB finance rate of 6.9

    Can i do better?

    Thanks for your time.
  • Hi eagajanyan. Let's work up a lease payment on this car using Mercedes' current program and see what we come up with.

    According to my calculations, if you were to lease a 2010 E550 4Matic that has an MSRP of $68,100 and a selling price of $63,777 through Mercedes-Benz Financial right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $1,028. I used a money factor and residual value of 0.00259 and 53% to arrive at this payment.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi mbnyc. Mercedes-Benz is currently providing a whopping $12,000 dealer cash on leftover 2009 E350 Wagons. Add to that the spread of at least $4,000 between this vehicle's full MSRP and its dealer invoice price and you have a total of approximately $16,000 to play with during your negotiations.

    The $13,000 discount that you were quoted is probably equivalent to around $3,000 over dealer invoice. If I was in the market for this car, I personally would want another Grand or two knocked off of its selling price. Having said that, your early lease termination complicates things. If you can get out of your current lease a year early and get this car for three grand over invoice then you're probably getting a decent deal.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi there,
    Can any1 tell me if the lease I just got is okay.
    2010 E-350 SEDAN
    P1 & AMG SPORT PCKG
    39 MOS, 12,000K
    2800 OUT OF POCKET, ALREADY INCLUDED ALL FEES & FIRST MONTH
    $749.00 PER MONTH TAX INCLUDED
    RESIDUAL: $31,347.00
  • Car Man can tell you the official answer.

    On my end, I think this is very competitive, at least from the rates that I am seeing. Most are around $750-$800 when you do no cap cost reduction. Inception fee sounds about $800 too high since dealer acquisition fees are around $800, tax and title around $450 and first month at $750 that you are quoted. Do you know what accounts for the extra $800.

    Do you know the MSRP and selling price? What was the MF they used?

    Good luck! CarMan, what do you think? Do others have any similar offers to share?
  • Sorry for the delay, Its been madness I had the number backwards its 684! Its $56K MSRP for P1 luxury.
This discussion has been closed.