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Mercedes-Benz E-Class Lease Questions

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Comments

  • larrymlarrym Posts: 19
    edited January 2013
    I would like this info as well. Received a quote from a dealership and nearly had a heart attack. I was on the phone driving home so I didn't bother negotiating but here is what I got on an E coupe. If I got a similar quote to what Double006 got on his E Sedan i may have pulled the trigger. I called the same dealership

    As I said the money factor is .00150 for the auto pay rate .

    The lease I quoted you is a 36 month lease with a residual at 10000 miles 60% .

    The Msrp of the car I quoted you is $ 61145 .00 .

    The monthly payment for 10000 miles a year is $ 753.00 with the amount due
    at lease inception of $ 2281.00
  • msc5msc5 Posts: 17
    larrym---I don't know about 10,000 miles but in December I was told that the RV for a 12,000 mile lease for 24 months on an E350 coupe was 69%. I was given an MF of .00160. This money factor was higher than the E350 sedan (which was .00121) and the RV was lower than the sedan (was quoted 71% on sedan for 24 months at 12,000 miles.) I could have leased the sedan for $455ish which included tax with 1st month and inceptions down. However, the E coupe I was looking at (just shy of $60,000 MSRP) would have been $699ish a month which included tax already plus first month down and inceptions down. Even though I really wanted the coupe, I just couldn't pull the trigger knowing the price difference between the cars.

    I was told that the MF on the coupe is never as strong as the MF on the 350 sedan. Also, Mercedes Benz was obviously supporting the sedans more given the $4000 toward the sedan vs. $2000 toward the coupe. I decided to wait a few months and see what happens. Maybe I should have just leased the sedan---it was a great deal.

    People have now said twice that the programs for January are the same as for December. However, on the incentives and rebates page of Edmunds it does not look like MB is giving any loyalty cash this month? It also does not show that they are allowing you to terminate your MB lease 5 months early---whereas in December I know that they were letting you out early if getting another MB. If there is no cash this month then despite the numbers being the same in January the prices will be much worse.

    Can someone please give specifics for January (MF, RV, loyalty cash?, early termination of prior MB lease?) for the E 350 sedan AND the E350 coupe at both 10,000 miles and 12,000 miles for 24 vs. 36 month leases!!! Thanks.
  • The lease pull through for this month is only 4 months of payments covered. I had a chance to lease on a sick deal earlier in the month for like 480inc tax, 1050 DO, 24 mo lease 7500 miles per and a 62k msrp -- N Cal

    I think that deal is still avail but I have longer on my lease so I will wait.
  • msc5,

    My deal was for a 2013 e350 4matic sedan

    MSRP: $60,515 gave it to me for around $51,500
    Monthly: $540 a month 24months/12K miles
    Due at signing 1st payment + registration: $760

    I would not pay more than this, as the new design is just around the corner and they need to move inventory of current design EClass.

    On a side note, the deal was so good, that my brother is getting the same for $544 ($4 more due to NY registration vs. NJ registration for my car).

    Let me know if you want me to connect you with the person at the dealership.

    And yes I am very much enjoying my car!

    - Double006
  • lex13lex13 Posts: 12
    Double006 -

    Great deal! Any idea what the payment would have been for 36 or 48 months?
  • Hey I am in the market for a new E class. Which dealership did you get your deal?
  • hi!
    Double006

    i am currently in the market for 2013 E350 4matic with P1 package, split folding rear seats, keyless go, heated steering wheel and heated rear seats. i don't care for the color if the deal is anywhere close to the price you got. i am ready to close on the deal ASAP, so if you can share the CA and delarship name, i would really appreciate. Thanx!
  • Ankitpoo & Kenz1478,

    Are you guys in NYC or California?

    So I can tell you which dealership to go to....also when I do share, please don't tell the dealership about this forum, it won't help us they'll plug false/misleading data for their own benefit.....
    Thx.

    - Double006
  • kyfdxkyfdx Posts: 31,248
    Your personal security is important to us, so please do not post your email address in a message.

    You may include the dealership name, city and state in your post. Please do not post last names of salespeople, telephone numbers, email addresses, or other contact information.

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • Greetings travispete1. Mercedes-Benz Financial's January buy rate lease money factor and residual value for a 24-month lease of a 2013 E350 Sedan with 7,500 miles per year are .00121 and 62% for consumers who qualify for its top credit tier.

    The Winter Event is still technically going on. The $4,000 certificates are still out there on the '13 E350.

    I think that the Mercedes pull ahead program is now four months for current lessees who lease a new Benz.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Certainly msc5. Mercedes-Benz Financial's January buy rate lease money factor and residual value for a 24-month lease of a 2013 E350 Sedan with 12,000 miles per year are .00121 and 71% for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 36-month lease are .00121 ad 60%.

    The numbers for the '13 E350 Coupe are .00160 / 69% and .00160 / 59%.

    I haven't seen any loyalty cash, but the $4,000 winter event certificates are still out there for this model.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hey msc5. Yes, the $4,000 winter event certificates are still out there for the 2013 E.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Kurds,

    I get it security is important, but I am just trying to be helpful, how else should we be sharing useful info.?
    As all I did was connect the fellow forum mates to the sales guy w/the best deal.......especially with this inflation over our shoulders.....
    Thx.

    - double006
  • kenz1478kenz1478 Posts: 3
    edited January 2013
    I am in the NYC area. I am currently looking for a E350 Sedan sport 4matic wheel +P1. Also does anyone have any info on the $4000 incentive with American bar association?
  • romil01romil01 Posts: 75
    I think that residual may be inaccurate, especially for a 24 month lease with only 7.5K/year....

    Your next post lists a much higher residual for much higher mileage.
  • kyfdxkyfdx Posts: 31,248
    You may include the dealership name, city and state in your post. Please do not post last names of salespeople, telephone numbers, email addresses, or other contact information.

    Feel free to share any of this information, here.. .for all members to benefit...

    Thanks!

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • hi!
    kyfdx,

    sorry for posting my email address. i understand for the security reasons. IS there any way we can pm each other because i do not see that as an option in the person's profile.

    As for doubleoo6, thanx for all the help. really appreciate for going extra mile on getting me in touch with the CA.

    Thanx!
  • kevinc5kevinc5 Posts: 204
    The ABA web site lists a $4,000 incentive through January 31. Check it out.
  • Can you do a repost. Thanks
  • Smartfanatics,

    So what's the good word, did you get the car?

    Double006
  • doubleoo6doubleoo6 Posts: 35
    edited January 2013
    Lex13,

    Not sure about 36 or 48 with new redesign coming would not want to stay in the current design more than 24 months......not to mention pricing on 24 is damn attractive.......

    Double006
  • In final negotiations actually with a local dealer in CT. I am going in Saturday to finalize the deal hopefully. Will post details once the deal is done.
  • ariazariaz Posts: 56
    Just signed a deal with NYC dealer.
    MSRP $62465, P1 pkg, keyless go, split folding seats, Wheel pkg, sports pkg.
    24 month 10k lease for $490 / month.
  • Good price. Did that include sales tax?
  • Ariaz,

    Awesome! Deal.

    So anything else out of pocket? And who did you work with?

    - Double006
  • ariazariaz Posts: 56
    the sales tax is not included.
  • ariazariaz Posts: 56
    It's 4 matic. The upfront was tax and tags.
  • Thanks. Ariaz,

    It makes sense now......what was the upfront in taxes? Asking b/c my brother closed the same deal & is picking it up on Tuesday.....trying to help him.

    I got my new E3504Matic for $540 - 12K/24Months on 12/31.

    Out of pocket: 1st Payment + Registration total of $760(taxes included)

    - Double006
  • Double006

    Deal was done today.

    Sticker was 60,595 - P1, folding seats, keyless go. Sport pck and rear spoiler
    2yr/12k
    $715 out of pocket. (1st, reg/plates)
    Residual 71%
    MF .00111 with Autopay

    $515/month including CT sales tax and 2 year maintenance.

    Thanks double006 and other for pricing guidance.

    Dealer is in CT and it was an absolute painless process with the salesman. If anyone is looking to jump in and is near or in CT I can hook you with dealer and salesman. The car is getting more scarce if you are looking for a specific option or color. An amazing car to drive though.
  • Smartfanatics,

    Nice deal! Congrats.....

    I think might have one of the lowest priced deals here.....

    I agree they are scarce since the new design 2014's are just around the corner....I wonder if there is a meetup group for E-owners in tristate or we should all start it.....Enjoy!

    - Double006
This discussion has been closed.