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2014 Mercedes-Benz E-Class Lease Questions

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Comments

  • ghstudioghstudio Posts: 931

    If you are trying to lease a car which only has the "standard" money factor, then it's time to use multiple security deposits to reduce that money factor.

  • twatchko01twatchko01 Posts: 12

    Hi - just returned from MB of Devon - received a quote for a E350 4Matic on a 27mo lease with both 12k and 15k miles/year

    MSRP - 61650 Cap Cost reduction - 57248 United/Chase MPP discount (program I'm in) - 3500 Gross Cost 53748

    gave me a MF of .00160 and residual of 65% on 15k/yr and 67% for 12k/yr $1808 upfront for 15k lease $1760 " " 12k lease

    Payment - 715.70/mo 15k/yr 668.08/mo 12k/yr

    Both seem high to me. I do the basic lease calculations and I'm coming up with less - what am I missing? Also, they are asking for both a disposition fee and acquisition fee? I thought you could only do one - are at least acquisition up front and disposition when car is turned in?

    Lastly, CA is telling me that it is impossible to find E-class cars with heated steering wheels? That sounds ridiculous to me.

  • ghstudioghstudio Posts: 931

    Sounds somewhat reasonable. There is an acquisition fee of $795, marked up to 1095 by many dealers. There is an "administration fee" that most dealers add after you reach an agreed on price...somewhere between 495 and 699 in my experience. The disposition fee is paid at the end of the lease...and waived if you lease another MB, etc...it should not be part of what you pay during the lease. If you lease, you should always buy MB maintenance as part of the lease. Instead of the $1000 or so "MSRP" on the maintenance, you really only pay 37% of that on your 12k/yr lease..it's treated like any other feature...and a great deal because of this.

  • khurramakhurrama Posts: 14

    Hi, Could you please provide the March MF and residual on an e350 4matic sedan with 24/27 month and 12k per year? How much do you add to the residual if it's 10k? Also, do you know what if any incentives are available for March? Thanks a ton!

  • orthojoeorthojoe Posts: 4

    Thanks again for the info, kyfdx. Very informative and good to know in the future.

  • orthojoeorthojoe Posts: 4

    @orthojoe said: Thanks again for the info, kyfdx. Very informative and good to know in the future. In fact, they did lower the money factor after I walked. ;-)

  • kyfdxkyfdx Posts: 28,029

    @khurrama said: Hi, Could you please provide the March MF and residual on an e350 4matic sedan with 24/27 month and 12k per year? How much do you add to the residual if it's 10k? Also, do you know what if any incentives are available for March? Thanks a ton!

    .00130 MF and 67% residual for 27mo, 12K/yr.
    10K/yr residual is 1% higher.

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  • bwest1bwest1 Posts: 9

    Hi kyfdx, I might not be seeing this... can you post the March money factor, residuals for both e350 / e550 convertibles at 36 months, 10k/year, "super" top tier and top tier?

  • kyfdxkyfdx Posts: 28,029

    @bwest1 said: Hi kyfdx, I might not be seeing this... can you post the March money factor, residuals for both e350 / e550 convertibles at 36 months, 10k/year, "super" top tier and top tier?

    .00118 MF and 59% for the E350

    Standard money factor and 56% for the E550..

    Standard money factor would be .00195-.00225

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  • bwest1bwest1 Posts: 9

    @kyfdx@Edmunds said: thanks... what is the difference for 39 months?

  • jefhack1jefhack1 Posts: 8

    Can you also share how the E350 cabriolet residual grows (from 59%) for 6K/year lease and 24 month term? Thanks.

  • kyfdxkyfdx Posts: 28,029

    @bwest1 said: thanks... what is the difference for 39 months?

    I don't have any info on 39 month programs.

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  • kyfdxkyfdx Posts: 28,029

    @jefhack1 said: Can you also share how the E350 cabriolet residual grows (from 59%) for 6K/year lease and 24 month term? Thanks.

    The residual for a 24 month, 7.5K/yr lease on the E350 convertible is 70%

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  • jefhack1jefhack1 Posts: 8

    Thank you!

  • louie1976louie1976 Posts: 2

    Hi Kyfdx,

    Would appreciate if you would please post the MF and Residuals for: e350 Sedan -- 36 mo / 10k e550 Sedan -- 36 mo / 10k

    Thanks in advance!

  • kyfdxkyfdx Posts: 28,029

    @louie1976 said: Hi Kyfdx,

    Would appreciate if you would please post the MF and Residuals for: e350 Sedan -- 36 mo / 10k e550 Sedan -- 36 mo / 10k

    Thanks in advance!

    E350: .00136 MF and 60% residual

    E550: Standard money factor and 62% residual

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  • louie1976louie1976 Posts: 2

    @kyfdx@Edmunds said: E550: Standard money factor and 62% residual

    Thank you very much!

  • JacobieJacobie Posts: 4
    edited March 22

    Hi kydfx, My lease is up this July with my 2011 E350, dealer offer me this:

    *2014 E Class Polar White with P1 pkg etc. MSRP inc des. $57,775 Term 27 months, 12k miles/yr, residual $38,859 (67%) , downpayment $1490, Monthy payment $518.66 including CA tax..Is this a good deal?

  • m156m156 Posts: 2

    Any info on MF and residuals for E63S sedan (and E63 sedan if different) 12k miles 36 month and whatever the best shorter term deal is (27, 24, ect).

    Thinking of getting out of my C63 coupe early and into an E63S just want to run some numbers on what kind of deal I can work on an off lot '14 or wait and order a '15.

    Thanks

  • kyfdxkyfdx Posts: 28,029

    @Jacobie said: Hi kydfx, My lease is up this July with my 2011 E350, dealer offer me this:

    *2014 E Class Polar White with P1 pkg etc. MSRP inc des. $57,775 Term 27 months, 12k miles/yr, residual $38,859 (67%) , downpayment $1490, Monthy payment $518.66 including CA tax..Is this a good deal?

    Is your $1490 the total amount due at signing? Or, just the amount of the CAP cost reduction? It's always good to know the money factor and selling price, before you sign on the dotted line.

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  • kyfdxkyfdx Posts: 28,029

    @m156 said: Any info on MF and residuals for E63S sedan (and E63 sedan if different) 12k miles 36 month and whatever the best shorter term deal is (27, 24, ect).

    Thinking of getting out of my C63 coupe early and into an E63S just want to run some numbers on what kind of deal I can work on an off lot '14 or wait and order a '15.

    Thanks

    The E63 and E63S both use the standard money factor. The 36mo, 12K residual for the E63 is 59%. I'm not certain of the E63S residual, but it looks like it might be 4% lower.

    There aren't any special shorter leases on this model.

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  • m156m156 Posts: 2

    Thanks, really appreciate it - gotta hit the dealer this week and see what comes of it :)

  • gmichaelgmichael Posts: 4

    Hello all, Could anyone tell me what would be a great lease deal on a 2014 e-350 4 matic luxury with premium 1 package, panaramic roof and wood steering wheel?

  • MichaellMichaell ColoradoPosts: 3,779

    @gmichael said: Hello all, Could anyone tell me what would be a great lease deal on a 2014 e-350 4 matic luxury with premium 1 package, panaramic roof and wood steering wheel?

    We will need a bit more information - MSRP, selling price, lease term.

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  • swazy25swazy25 Posts: 2

    Can I get the current mf and residual for a 2014 E350 36 and 27 mo? Sticker price is 59,200, current dealer offer is 53,690 sale price.

  • MichaellMichaell ColoradoPosts: 3,779
    edited March 28

    @swazy25 said: Can I get the current mf and residual for a 2014 E350 36 and 27 ? Sticker price is 59,200, current dealer offer is 53,690 sale price.

    MF is .00136

    Residual is 65% for 24 or 27 months, 61% for 30 months and 57% for 36 months.

    The above residuals are for 15K leases. Add 2% for 12K and 3% for 10K.

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  • swazy25swazy25 Posts: 2

    Dealer is showing me MF of .00166 for 36 and 27. with a 57% resid for each.

  • MichaellMichaell ColoradoPosts: 3,779

    @swazy25 said: Dealer is showing me MF of .00166 for 36 and 27. with a 57% resid for each.

    Money factor could be marked up - dealers are allowed to do that for more profit.

    Residual is set by the finance company - can't explain why they have 57% while our numbers are higher. I'm suspicious that they have the same residual for the different lease terms; generally a shorter term results in a higher residual. This month MB has a special where the 24 month residual is valid on a 27 month lease.

    Is there another dealer you can work with?

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  • Smartinez24Smartinez24 bronx, NYPosts: 20

    Michaell@edmundsDeal offered.... 64,720 e350 Sale price 56k. 27months 10k miles. I owe 3843 to my current lease. The will cut me the check for the current Infiniti lease

    789 a month 2100 down. What else can I do to lower this and do the numbers add up ?

  • MichaellMichaell ColoradoPosts: 3,779

    @Smartinez24 said: Michaell@edmundsDeal offered.... 64,720 e350 Sale price 56k. 27months 10k miles. I owe 3843 to my current lease. The will cut me the check for the current Infiniti lease

    789 a month 2100 down. What else can I do to lower this and do the numbers add up ?

    Using the standard money factor (.00136) and residual (68% for 10K mpy), I get a pre-tax payment of $580.10 for a 27 month lease.

    Are you certain they aren't rolling some or all of the Infiniti negative equity into your lease? They could also mark up the MF, though that wouldn't account for the $200 delta.

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