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Mercedes-Benz E-Class Lease Questions

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Comments

  • mxr79mxr79 Posts: 1
    Interested in leasing an E350 Coupe - any advice, specials, or are the deals better on the Sedan? I see some great posts on the 24m/33m, etc...
  • 1985mb1985mb Posts: 40
    Is there a way to reduce the mf further via single pay? Or is single pay incompatible with MSD?

    Also, one of the few P2 blutecs I found is a demo with 5k miles, technically being sold as new and qualifies for their lease programs. does conquest cash apply? I can't any official info on CC so I can't tell.

    theoretically the selling price or gross cap cost on this car should be lower than what people are reporting on their new bluetecs@ around 15+% off msrp incl CC
  • scottamcscottamc Posts: 6
    Anyone know residuals & moneyfactors for 10k miles & 7500 miles for 2012 e350 & 2012 e350 bluetecs at 24 months / 30 months / 33 months?
  • glipperglipper Posts: 13
    I was quoted $599/mth for an E350 (MSRP $60K) including tire/wheel protection and maintenance.

    Is this a good deal in NJ?
  • For my recently leased 2012 E350 4Matic, 10K miles/yr, P1 package, split folding rear seats, rear spoiler:
    Residual 71%, MF 0.0013.
    These were not the #'s out of the gate, and took some negotiating to get to that point.
    I'm at ~$570/month, nothing down other than 1st payment and fees, and that $569 month includes 6.75% sales tax in the monthly payments.
  • ghstudioghstudio Posts: 920
    sorry...was there another post that told me if this is gas or diesel, which model, how long the lease is and miles, etc. ????
  • carcar14carcar14 Posts: 1
    Anyone see any problems with this deal, or room for negotiation?
    2013 E-350 Cabriolet: MSRP-68,960.00;60% LEV; 36month; 36K miles; MF=0.00230; tax=3153.24; initial cap cost=66,310.00; total added cap costs=1,095.00; adj cap cost= 67,405.00; base rent=973.23; annual fees=162.50; lic fee=162.50; total initialfees=45.00; 1,268.32 due @ start; monthly payment= 1,060.82. I love my dealer, and drive to do business with him despite having a local dealership in my hometown. Unless there is a glaring problem I'll probably go with this Monday. T.Y.CARCAR14
  • gexogexo Posts: 33
    Money Factor should be 170. From 230 you subtract 10 points for auto pay and additional 30 or 40 points for tier 1 plus approval. Where are you located? And what is the selling price of the vehicle, and how much total due at signing?
  • carcar14 I also am looking at a Cab. I would wait a few days or a week and see what incentives Mercedes might give for August. Anybody have any insight for August incentives?
  • 1985mb1985mb Posts: 40
    I'd like to thank everyone here who has been so helpful about posting residuals, answering questions about rebates and MSDs, and provided smart tips such as residualizing the prepaid maintenance contract. Some details if anyone is interested:

    MSRP $60,395
    Residual value 76% @ 12k mi/yr
    Plus Prepaid Maintenance $1,129

    Selling Price:
    I offered $53,450 less 3k conquest cash
    They ran out of CC but ultimately we did $52,750 less 2k fleet employee program rebate
    Added to cap cost:
    LAF $795
    Maintenance $1,129
    Sales tax 7% $598

    MF: buyrate .00210 less 10 MSDs (.00070) and autopay (.00010) = .00130

    Due at inception:
    10 MSDs
    1st month payment
    NJ luxury surcharge of 0.4% of vehicles with gross selling price about 45k: 210
    Title & Registration: 258
    Doc fee: 145 (yes I normally I hate paying it but overall the bottom line here was the best)

    I'd also like to thank Mercedes-Benz of Cherry Hill in NJ just outside Philadelphia, PA. I can provide the salesperson's contact info to anyone interested, but what I liked most was that the painlessness of the process seems to be institutionalized throughout the dealership. From starting online to talking to the salesperson to signing the contracts with the F&I manager without any extras being shoved down my throat to shaking hands with the sales manager, it was my least aggravating purchase in memory.
  • Congratulations! Sounds like a great deal. Did you find the colors and options you wanted or you had to comprise given the low inventory?

    I assume this was a 24 months lease with 76% residual for the Bluetec. The final sale price is $50,750 after fleet? Why can't you use the conquest cash?

    Also, what is the monthly payment before taxes?

    Thanks!
  • Car_Man:

    Can you post the 2012 and 2013 lease program (residual and money factor) for the E350 4MATIC for 24 months, or 36 months with 10k, 12k driving?

    I am thinking about going for a 2012 or 2013. Not sure how big a difference there is. It's really hard to find the colors and options I wanted with 2012.

    Thanks!
  • 1985mb1985mb Posts: 40
    Yes, I am very happy with the car in question given the low inventory. I wanted P2 definitely (xenons and keyless-go) + Sport with a strong preference for folding rear seats. I am glad it didn't come with too many extra, unwanted items and we will come to appreciate the heated wheel and LDP over time.

    I have seen a dichotomy in the inventory where many cars are P1 plus some stuff (MSRP high 50's) while some P2 equipped cars are loaded with stuff I don't want/need (MSRP high 60s). This one was "just right" - quite remarkable since there are just a handful of P2 Bluetecs left in the area.

    In terms of color, Arctic White over Almond/Black interior is very nice. I didn't want black or beige exterior, which basically leaves M-B's plethora of greys and silvers. We already have a grey E350 in the family, and I didn't notice any silver P2s except as far as Florida. There is a Lunar Blue in North Haven, CT - uncommon color among E350s for sure but I suspected it wouldn't have P2 and I never got the window sticker or options list after asking twice.

    The payment would be around 365 without tax, and I intentionally didn't highlight it because I feel that, in any given month, your 'best deal' is governed by selling price/cap cost, RV and MF. If the RV goes down by, say, 1% next month someone could negotiate an equally good deal but their payment would be slightly higher. Or M-B could announce more conquest cash and their payment would be slightly lower.

    I couldn't use conquest cash because they said they had run out of CC certificates.
  • Congratulations again on a terrific find!

    Since you live in the Mid-Atlantic region, what do you think the 4MATIC option. Is it truly a necessity in the winter here or Bluetec will do just fine?

    Thanks in advance!
  • Car Man:

    Can you post the 2012 and 2013 lease program (residual and money factor) for the E350 4MATIC for 24 months, or 36 months with 10k, 12k driving?

    I am thinking about going for a 2012 or 2013. Not sure how big a difference there is. It's really hard to find the colors and options I wanted with 2012.

    Thanks!
  • 1985mb1985mb Posts: 40
    No, I do not view 4Matic as a necessity. I moved from a Quattro Audi A6 to a BMW RWD 330i to the RWD Bluetec. I will use dedicated winter tires in winter, a combination that is safer (in terms of measurable braking and turning) than AWD + All-seasons.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi bass_fisher. Mercedes-Benz Financial's July buy rate lease money factor and residual value for a 24-month lease of a 2012 E350 Sedan 4Matic with 12,000 miles per year are .00131 and 70%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 36-month lease are .00131 and 51%.

    If you were to lease with only 10,000 miles per year this car's residual values would be 1% higher.

    Mercedes isn't providing any lease support on the 2013 version of this car yet.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • edjjedjj Posts: 2
    The title says it all...almost. I'm looking for an E350 Coupe and would be happy picking up a 2012 if I found what I liked or waiting on a 2013 (which I am now seeing on the lots).

    What are the residuals and money factors for the 2012 and 2013 if I were to go with 36 months and 15,000 miles? Are there currently any better "sweet spots" out there (e.g. better number for 33 months or 12,000 miles)?

    Also, I'd be happy to hear anyone's speculation as to when we might see some incentives and price flexibility on the 2013s.

    Thanks very much.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Greetings edjj. Mercedes-Benz is not currently providing any lease support on the E350 Coupe. This means if you were to lease one through MB Finance, you would have to use its standard lease money factor. That number varies by credit tier and possibly by region, but .00200 is a good estimate.

    As far as this car's residual values go, Mercedes-Benz Financial's August resid for a 36-month lease of a 2012 E350 Coupe with 15,000 miles per year are 58%. the residual for an otherwise identical lease of a 2013 model is interestingly exactly the same.

    While I suppose that anything is possible, I personally wouldn't hold my breath for lease support on any E Coupes. Mercedes really has only been providing support on the E350 Sedan and E63 Sedan.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • nsurinsuri Posts: 2
    edited August 2012
    Hello Everyone!

    I just signed a 2012 Mercedes E350 Coupe 4Matic w/ Premium Package 1 + rear spoiler (limited options left for 12's).

    Here's the details:

    Sticker price $58,475

    -Down Payment including first month payment_total out of pocket - $3500
    -24 Month Lease
    -15k Miles a year

    Price with tax monthly @ 599.00

    No MB service/maintenance included.

    Please advise me if I got a bad deal...I am a bit worried I over paid for such a car on the lease.
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