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Mercedes-Benz E-Class Lease Questions

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Comments

  • adeitzadeitz Posts: 2
    What dealer and who is the sales guy. Looking for the same deal except I want the P2 with AMG rims
  • adeitzadeitz Posts: 2
    Which dealer in Florida? Looking for BLK/TAN P2 AMG rims evrything else is the same.
  • pilldocpilldoc Posts: 6
    Will dealer give the same "off msrp" to prospective buyer or leasee? :)
  • jayrcruzjayrcruz Posts: 3
    edited July 2010
    I went to my local Mercedes dealership and i was quoted:

    10,000 miles/yr
    39 month lease

    $799 month (tax included)
    $2800 initial payment including everything (first month, title, doc etc.)
    The MSRP on everything is $64.015. I get the car for $56,000

    The options are:

    Black on Black MB tex
    Premium 1 and 2 packeges
    Amg 18'' Wheel Package including sport steering wheel.
    Chrome door handles
    Rear Deck Spoiler
    Parktronic with Parking Guidance
    Panorama Sunroof
    Drive Dynamic Multicontour Driver Seat
    Rear Seat Entertainment Sytem

    I just want to know if im getting a good deal and if i should pull the trigger. This is my first time leasing at mercedes benz. Thank you in advance.
  • 1003008gl1003008gl Posts: 11
    Car man:

    Please help. I was quoted a 2010 E550, MSRP 63175, 39 month lesae, 15000 miles/year, $2000 drive off, for $943.xx (taxes 9.25% included in Southern California). I think the dealer told me that he is giving me the car for $58175. Is this a fair deal or can I do better? My lease is up on my bmw this week and I have to make a decision in the next few days. Your help is greatly appreciated.

    Thanks
  • hecarahecara Posts: 18
    Hi buddyluv1,
    That wasn't my deal. Someone responded to my post. They included the info you wanted in another reply though.
  • hecarahecara Posts: 18
    Hi,
    I am going to the dealership tomorrow to talk numbers. I am interested in leasing an E350 coupe, P1 package, 12K miles, 36-42 months. Can someone PLEASE tell me the current money factor and residual? Also, what bottom line price should I look for as far as cost? I know its not the MSRP, so what is a good number? I have printed out the "what people are paying" with Edmunds. Is that the number to go with? Please help! I am leasing on my own so I need all the help I can get....
  • pilldocpilldoc Posts: 6
    2010 e350 sport sedn :shades: P2,amg wheel pkg,pano sunroof, Palladium metalic
    MSRP 58,295
    Neg cap cost 52,500(thank you costco)
    3250 down
    689+ tax 39 month lease
    probobly could have done a bit better, what u guys think?
  • jayrcruzjayrcruz Posts: 3
    hey which dealership did you get that deal from?
  • pilldocpilldoc Posts: 6
    mbz of foothill ranch, california
    ask for coscto fleet salesman his name is MOE(very nice guy)
    tell him Evan the pharmacist refered you
    and dont take his first offer neg a bit :-)
  • hecarahecara Posts: 18
    Is this MF and residual the current one offered for the 2010 E350 coupe, 48 month lease? .00330 and 48%..I was told the FM that the MF he offered is the employee discount rate.

    If anyone has the correct info please pass it along ASAP.
    Thanks
  • 1003008gl1003008gl Posts: 11
    Awinner:

    I am getting the exact car that you got, MSRP $54175 except I need 15,000 miles on it. Do you mind tellling me how much you paid and which dealership? Were you able to get it lower than $639.xx and that was tax included, right? Please advise. Thanks
  • hecarahecara Posts: 18
    Hi Car_man,
    Here is the deal I was offered:

    2010 E350 coupe, Arctic White, P1
    49K (he said invoice was 49 and some change, this is supposedly w/ employee discount)
    48 months
    48% residual
    Money factor .00330
    Texas tax credit 1.5% (instead of 6.25% ends this monthper FM)
    Maintenence plan $769.00
    2,000 down+ first month payment $753 due

    Please advise...I think the MF is too high, I did not want to put anything down, and I wanted 36-39 months. I have Tier 1 credit score of 740.
  • 1003008gl1003008gl Posts: 11
    Poorprof:
    Can you mind telling me who your broker is? Looking for an excellent deal like yours. I am in S. Cali. Thanks
  • 1003008gl1003008gl Posts: 11
    ob995,
    The price (692.84) you quoted, was it taxes included? I am in Cali which has a crazy tax rate of 9.25%. Please advise. thanks
  • jayrcruzjayrcruz Posts: 3
    edited July 2010
    I went to my local Mercedes dealership and i was quoted:

    10,000 miles/yr
    39 month lease

    $799 month (tax included)
    $2800 initial payment including everything (first month, title, doc etc.)
    The MSRP on everything is $64.015. I get the car for $56,000

    The options are:

    Black on Black MB tex
    Premium 1 and 2 packeges
    Amg 18'' Wheel Package including sport steering wheel.
    Chrome door handles
    Rear Deck Spoiler
    Parktronic with Parking Guidance
    Panorama Sunroof
    Drive Dynamic Multicontour Driver Seat
    Rear Seat Entertainment Sytem

    I just want to know if im getting a good deal and if i should pull the trigger. This is my first time leasing at mercedes benz. Thank you in advance.

    Went to Another dealer and got this:

    39 month lease
    10,000 miles a yr

    MSRP- $60,145
    Neg. Price- $54,707
    Initial due at signing- $2662
    Monthly- $749 NJ 7% Included

    Options- Premium package 2 and panorama roof and almond leather seats.

    Residual- 57%
    Money Factor- .00220

    I know this has less options but its also $50 cheaper a month which is good.
  • $54000 msrp
    $46500 sale price
    .0022 residual
    15000 miles
    $1089 drive off

    $738 including 7percent fl sales tax.I am considering waiting another month for lower money factor. I got spoiled with my 08 E class as I have a .0011 :-)
  • evjonevjon Posts: 5
    .0022 is probably the money factor and not the residual.

    assuming a money factor of .0022, a 15,000 mile residual of 57% and no cap cost reduction (ie. downpayment), these numbers don't seem to work on my spreadsheet unless they are selling you the car for more than $46,500, or are selling you the car for $46,500 and adding other fees to the lease. Acutally it lookes like they are giving you the car for MSRP less $2,200. I also assume that the $1,089 "drive off" includes first payment of $738 leaving $351 in other fees.

    I think you may need more details on the deal. I just leased a $54,145 msrp e350 in july with $3,500 down and $562/mo, inlcuding 6% Fl. sales tax.
  • Yes sorry I'm on my bberry. I meant money factor. How many miles per year was your lease? And what was the final sale price? What county in fl was your dealer?
  • A reporter is looking to speak to consumers who recently got a new vehicle because of the great lease deal. Please send your daytime phone number and the car you purchased to ctalati@edmunds.com by Friday, August 6, 2010.
    Thanks,
    Chintan
    Corporate Communications
    Edmunds.com

    Need help navigating? kirstie_h@edmunds.com - or send a private message by clicking on my name.

This discussion has been closed.