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Mercedes-Benz E-Class Lease Questions

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  • I don't remember exactly - I have leased for maybe 15 years - I just know they have used tax credits before. I think because they are taking possession of the car to sell or wholesale it. Maybe carman knows - I just know in the past - they have used tax credits. It might have been when I went through a leasing agent - versus MB credit or some other.
  • Hi gang. i am new here and hoping one of you veterans can help me out with my lease q's.
    Just came back from NY merc dealer, with a quote of 525/mo for a 2011 E350, with P1 and Sport Wheel Packagewith 2900 out of pocket. my previous lease is up in march and am 16,000 under in mileage, it seems as if they are getting the better deal. Help! Thanks
  • ^^^^^^^^oops! this is for a 24 month lease ^^^^^^^^
  • mysixtysixmysixtysix Posts: 2
    edited February 2011
    Usually buy all my cars, this time I was offered 2011
    E350 Sport 49,400
    Dia White 1,515
    P01 Pkg 4,000
    Wheel Pkg 760
    Dest.&Delv 875
    TOTAL MSRP 56,550

    THE DEAL: 24Month/12KMilesPer Year - $1,740 Down (includes 1st Month and Inceptions)
    $693 per month (taxes included)....It seems better to do this than to lay out the cash for financing to get this payment...?
    Please explain the money factor? And how is there a percentage for residual valule?
    Thanks very much...
  • Does anyone know the residual value and money factor for february on a E350 Coupe.?
  • Not a good deal! MB has a pull forward pkg but you seem to be 6 mons short. You can trade up with 4 mons remaining on your car and the extra miles are irrelevant as they get absorbed in the new deal.

    Im currently looking at a E350 wP2 all costs rolled in and 24 month lease at $750.00 drive off.

    When you lease or rent a car, its the smartest imho to pay 0 outta pocket and put the rest into the monthly payment.
  • 2011 E350 Coupe
    P1 and appearance
    MSRP 56205.00
    Selling price 51105.00
    36 months
    60% residual
    0.00240 Money factor
    $ 734 a month
    10 k a year
    1865 cash due at signing

    Does this deal sound ok? can i get a lower payment?



    Thank you.
  • mysixtysixmysixtysix Posts: 2
    edited February 2011
    just this past saturday, i did a deal for a 2011 E350 $1740 due at signing.
    691.50 per month, 24mo/12k miles 72% and .00240 MSRP $56550 net was 50997...plus they took back my '08 E350 with 4 pymnts to go @ 741.00 per month (end of a 39 month lease) gotta beat em up.
  • bill124bill124 Posts: 242
    I wish I knew but the money factor sounds right. I am looking at 36 months and the dealer told me that's the best rate. Same with the 60% residual. Where are you? I am in ny.

    You should put the amounts into a lease calculator and confirm the payments. It's all based on the amount you ultimately put into the cap cost. in my case, I'm paying everything up front EXCEPT the price of car so it's easy to figure. If he used the right rate and month and didn't screw with extra fees he didn't tell you about, there isn't any way to lower the payments except paying down the cap cost.
  • im in florida. i did put the numbers in a lease calculator and they come out the same.
    i am trying to reduce the price more and they say thats the best they can do.
  • is your 350 a coupe or a sedan ? they told they could give me a better deal on a sedan.

    they are taking my clk350 convertible with 1 payment left of 641(39 month lease)

    i got the deal by phone and email, i am going down there today to try lowering the payment.
  • bill124bill124 Posts: 242
    I am getting invoice + 200 less the 2,000 incentive for 2011 e350 cab.
  • Hello ssabagh. Mercedes-Benz Financial's current buy rate lease money factor and residual value for a 36 month lease of a 2011 E350 Coupe with 15,000 miles per year are .00240 and 57%, respectively for consumers who qualify for its Tier 1 credit tier.

    Car_man
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  • Hi Car Man - Trying to decide to lease an E either now or in the summer. Mercedes is offering a good loyalty credit and residuals are good but money factors are ok. Do you think it's best to lease now of later toward the summer? Historically whats a better time to lease with MB?
  • Hello,
    Could someone please post February money factor and residual for E350 4matic sedan, 24 months and 12k per year? Are there any manufacturer incentives on this car in February?
    Thank you.
  • rlvinrlvin Posts: 3
    Hello Car man,
    Could you give any guidance on the February money factor and residual value for a 36 month lease on a 2011 E550 4Matic 15,000 miles per year?

    Many thanks.
  • sarrsarr Posts: 5
    Hi Car man! Can you give me money factor and redidual for 12000 miles/yr 36 months lease on E350 sedan. Also any consumer or dealer incentives going on right now?
  • My quoted selling price is lower than most on this site; however payment is higher need help am I getting screwed somewhere...

    MSRP $55,485
    Selling price $47,830 additional $619 for maintenance plan
    Residual buy out $40,380.48
    $10000 out of pocket
    -9650 negative equity on trade
    state tax rate of 7% on each payment included in $728.
    $728 per month includes tax
    24 month term
    12,000 Miles
    money factor quoted was .00270
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi flyfish23. The owner loyalty incentive that Mercedes is providing on the E right now is nice, but it isn't providing any lease support at all on it right now. I actually have been somewhat surprised by Mercedes' weak lease program on the E lately. I personally don't see any reason to rush to lease one right now, but the usual disclaimer that it is difficult to predict exactly what manufacturers' future incentives will be like applies.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi ageiler. Mercedes-Benz's February buy rate lease money factor and residual value for a 24 month lease of a 2011 E350 4Matic with 12,000 miles per year are .00240 and 72% for consumers who qualify for its Tier 1 credit tier.

    Mercedes is providing $2,000 owner loyalty cash on this car in February and it gave dealers a certain number of $1,500 certificates that they can give to current owners of competitive products.

    Of course, these programs are scheduled to end today. Mercedes will likely introduce its new March programs some time tomorrow. Please feel free to check back with me for an update.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi rlvin. Mercedes' February buy rate lease money factor and residual value for a 36 month lease of a 2011 E550 4Matic with 15,000 miles per year are .00240 and 55%, respectively for consumers who qualify for its Tier 1 credit tier.

    Mercedes is scheduled to introduce a new lease program some time tomorrow. Please feel free to check back with me for an update.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi sarr. Mercedes-Benz Financial's February buy rate lease money factor and residual value for a 36 month lease of a 2011 E350 with 12,000 miles per year are .00240 and 60%, respectively for consumers who qualify for its Tier 1 credit tier.

    Mercedes is providing $2,000 owner loyalty cash on this car in February and it gave dealers a certain number of $1,500 certificates that they can give to current owners of competitive products.

    Of course, these programs are scheduled to end today. Mercedes will likely introduce its new March programs some time tomorrow. Please feel free to check back with me for an update.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • rlvinrlvin Posts: 3
    Hello car man,
    This is very helpful, thank you. If you could post the revised data once the March figures are in, that would be great. Many thanks!

    Rlvin
  • I just got $350 under Kbb Invoice plus $4000 incentive. Walk if they don't give u that deal!!!
  • paultchapaultcha Posts: 2
    I just bought an E350, P2 pkg, nothing else from Penske MB in W Covina, CA. I live in NV so they waived CA registration but I had to pay NV taxes etc.

    24 month, 0 outta pocket, sign and with 1st month rolled in at $638.00.

    MSrp was 56875, sale price with the $2k incentive was 51k and change.

    This payment is almost $5 less than old 2009 E350. this car is so much nicer too.
  • Does anyone have the March residuals and rates for the E-Class?

    Specifically: 2011 E350 Coupe, 36 months, 10k miles and 2011 E350 Bluetec 24 months, 10k miles?

    Are there any addittional incentives?

    Thanks !!!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    You're very welcome Rlvin.

    I believe that Mercedes' March buy rate lease money factor and residual value for a 36 month lease of a 2011 E550 4Matic with 15,000 miles per year are .00240 and 54%, respectively for consumers who qualify for its Tier 1 credit tier.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    edited March 2011
    Hi karter9977. Mercedes-Benz Financial's March residual value for a 36 month lease of a 2011 E350 Coupe with 10,000 miles per year is 59%.

    The residual value for a 24 month lease of a 2011 E350 Bluetec with 10k miles is 78%.

    The March money factor for the Coupe is .00161 for consumers who qualify for its top credit tier.

    I don't believe that Mercedes is providing any support on leases of the E350 Bluetec. I haven't seen MB Finance's standard money factors yet this money, but it's probably around .00240 for consumers who qualify for its top credit tier.

    Other than loyalty cash, Mercedes is not currently providing any cash incentives on the "E."

    Car_man
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  • What do u think of coupe with MSRP 54,500 and sale price 49,000 plus loyalty incentive 47,000 with money factor of .00161?

    Do u think this is a good money factor and deal for 2011 coupe?

    Payments are about 580 on 24 months and around 600 on 36 month..10,000 miles..

    2 grand drive off..

    Thanks
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi darryl818. The money factor that you were quoted is right on the money. The selling price that you were quoted looks pretty good as well.

    Car_man
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