Hi michael I have an question about msd's. Say I want to put msds on a 15 e350 where the MF is .00057...
1. Can I put down msd's on a car with a promotional MF such as the e350, or would it have to be a standard mf? 2. If I can do msds on the e350, I'll hit 0.0000 before I use up all 10 deposits. What is the lowest I can go, 0.00007? 3. Lastly, do I start MSDS before or after using autopay? (0.00047). Are the MSDS combinable with autopay?
Thanks!
1. No; MSDs can only be used on models that use the standard MF (.00180-.00210) 2. See answer to #1 3. See answer to #1
For all of you lease shoppers for E350. All these lease specials were posted today from Keyes on Edmund. There are 10 leases offered ranging from $326-$372 with $2000 down.
See the certificates below.
I don't see any of these cars in the inventory on their website, so if these cars are not available, please report them to Edmund. Good luck!
2015 E250 Lease quote 24Mo/10K per year MSRP $57,745 Negotiated price $44,745 Total drive off $1200 Payment $385 + Tax
I realize the MF and Fees are marked up, but what do you think, should I pull the trigger?
Wow, that's awesome. Where are you located? Which dealer is this? I'm shopping for an E-Class this weekend as well.
Would like to know as well. Quoted similar model for around $580 tax inclusive with minimum drive off, but 24/12k per year.
I ended up not pulling the trigger. I found the diesel engine to be too loud for my taste. I could hear it while talking on the phone in the car and it was too irritating for my taste. Unfortunately, I could not get the same deal on the E350. The dealer wanted $1172 drive off and $480 plus tax on a 27 month lease. I don't like 27 month with 10K per year, because I have to pay another registration for the third year as well as doing a 2 year service. This makes the final three months very expensive. With a 24 month lease, I only pay one additional DMV (not 2) and only one service (not 2). That saves about $1000-$1200
Ending up picking up the car yesterday. Keyes had the lowest Edmunds Price Promise ($13,000 off), but they marked up the money factor and fees significantly. The lowest they would go for a $59,000 E250 BlueTEC (no gas cars left) was $2,000 drive-off and $468.97 per month for a 24 month, 10,000 mi. per year lease.
I ended getting up an E350 gasoline from Long Beach, mainly because I didn't want to drive to the Valley. $474/month and $2,000 drive-off for a 27 month, 7,500 mi. per year lease. I figure I'll turn in the car three months early and get another one. Include the 1,000-mile Amex overage waiver, and that's effectively 8,937 miles per year, enough for me.
MSRP: $59,120 Sales Price: $49,785 MF: .00059 Residual: $39,610 Acq. Fee: $1,095 (marked up by $300) Sales Tax: 9%
Finance guy insisted there wasn't an auto-pay discount, which would have saved $10/month. More likely he simply didn't want to edit and reprint the lease contract. Oh well, there goes $240.
All in all, it took two hours at the dealership. Have no idea why it takes so long to buy a car, since there was no negotiating or test driving or other customers present, just simple paperwork.
Ending up picking up the car yesterday. Keyes had the lowest Edmunds Price Promise ($13,000 off), but they marked up the money factor and fees significantly. The lowest they would go for a $59,000 E250 BlueTEC (no gas cars left) was $2,000 drive-off and $468.97 per month for a 24 month, 10,000 mi. per year lease.
I ended getting up an E350 gasoline from Long Beach, mainly because I didn't want to drive to the Valley. $474/month and $2,000 drive-off for a 27 month, 7,500 mi. per year lease. I figure I'll turn in the car three months early and get another one. Include the 1,000-mile Amex overage waiver, and that's effectively 8,937 miles per year, enough for me.
MSRP: $59,120
Sales Price: $49,785
MF: .00059
Residual: $39,610
Acq. Fee: $1,095 (marked up by $300)
Sales Tax: 9%
Finance guy insisted there wasn't an auto-pay discount, which would have saved $10/month. More likely he simply didn't want to edit and reprint the lease contract. Oh well, there goes $240.
All in all, it took two hours at the dealership. Have no idea why it takes so long to buy a car, since there was no negotiating or test driving or other customers present, just simple paperwork.
$474 plus tax or with tax? If you do auto pay it discounts $10/month?
Ending up picking up the car yesterday. Keyes had the lowest Edmunds Price Promise ($13,000 off), but they marked up the money factor and fees significantly. The lowest they would go for a $59,000 E250 BlueTEC (no gas cars left) was $2,000 drive-off and $468.97 per month for a 24 month, 10,000 mi. per year lease.
I ended getting up an E350 gasoline from Long Beach, mainly because I didn't want to drive to the Valley. $474/month and $2,000 drive-off for a 27 month, 7,500 mi. per year lease. I figure I'll turn in the car three months early and get another one. Include the 1,000-mile Amex overage waiver, and that's effectively 8,937 miles per year, enough for me.
MSRP: $59,120 Sales Price: $49,785 MF: .00059 Residual: $39,610 Acq. Fee: $1,095 (marked up by $300) Sales Tax: 9%
Finance guy insisted there wasn't an auto-pay discount, which would have saved $10/month. More likely he simply didn't want to edit and reprint the lease contract. Oh well, there goes $240.
All in all, it took two hours at the dealership. Have no idea why it takes so long to buy a car, since there was no negotiating or test driving or other customers present, just simple paperwork.
Looks like Keyes are bait and switch dealers - they advertise cars they don't have. They placed 10 2015 E350 "new" lease advertisements on here yesterday and now they are all gone before the dealership even opened. roflmao. Congrats on the car. Enjoy it!
Ending up picking up the car yesterday. Keyes had the lowest Edmunds Price Promise ($13,000 off), but they marked up the money factor and fees significantly. The lowest they would go for a $59,000 E250 BlueTEC (no gas cars left) was $2,000 drive-off and $468.97 per month for a 24 month, 10,000 mi. per year lease.
I ended getting up an E350 gasoline from Long Beach, mainly because I didn't want to drive to the Valley. $474/month and $2,000 drive-off for a 27 month, 7,500 mi. per year lease. I figure I'll turn in the car three months early and get another one. Include the 1,000-mile Amex overage waiver, and that's effectively 8,937 miles per year, enough for me.
MSRP: $59,120 Sales Price: $49,785 MF: .00059 Residual: $39,610 Acq. Fee: $1,095 (marked up by $300) Sales Tax: 9%
Finance guy insisted there wasn't an auto-pay discount, which would have saved $10/month. More likely he simply didn't want to edit and reprint the lease contract. Oh well, there goes $240.
All in all, it took two hours at the dealership. Have no idea why it takes so long to buy a car, since there was no negotiating or test driving or other customers present, just simple paperwork.
Hi, I am planning to go to long beach this weekend to lease an e350. Can you let me know the name of the sale person you worked with. Also, how did you get the Amex 1000 miles waiver? Thanks
Just signed this 27/10k deal at House of Imports and was in and out in 45 minutes. Negotiation was done over email yesterday. They have allocated 10 more 2015 E350 from their sister dealers and will have around 16 vehicles available.
Just signed this 27/10k deal at House of Imports and was in and out in 45 minutes. Negotiation was done over email yesterday. They have allocated 10 more 2015 E350 from their sister dealers and will have around 16 vehicles available.
Signed up for MB Amex card and includes 1,000 mile overage waiver per year.
That seems like an awesome deal. Congrats!!!! I am also looking for a similar lease term/rate around the OC/LB area, but cannot find any similar deal. Did you go through the internet dept or walk in for this price? Thanks
painless deal, no finance pitch. Asked the finance guy if it saves you $10 for auto pay, he said no. I signed up regardless. PM if you want a reference to complete deal.
Hey Guys... Looking to lease a 2016 e400 coupe. What is the sweet spot currently for this at 10k miles a year? Also assuming an msrp of 68,420 and a sales price of 60,000. What would the monthly payment look like? Thanks for your help!
Hey Guys... Looking to lease a 2016 e400 coupe. What is the sweet spot currently for this at 10k miles a year? Also assuming an msrp of 68,420 and a sales price of 60,000. What would the monthly payment look like? Thanks for your help!
.00109 and 60% for 36/10.
Plugging in your MSRP and selling price, I get a pre-tax payment of $636.48/mo
Hello I leased a 2014 Mercedes E350 Sedan on 07/05/2013 and at the time I had no idea on the in's and out's of leasing and I'm 100% sure that I got a terrible deal especially after reading some of the numbers being thrown around on some of these post. I'm trying to understand what is bad about my current lease so I can do a better job on my next one. Below are my numbers and this was financed through MBFS at 12k miles a year
sticker price - $59,880.00
cash price of vehicle - $57,880.00 acquisition fee - $1,095.00 official fees & taxes - $872.63 tint - $295.00 prepaid maintenance - $799.00 TOTAL - capitalized cost - $60,941.63
cash down - $336.41 first payment - $889.09 document fee - $145.00 state inspection - $23.75 deputy fee - $5.00 license fee - $56.75 title fee - $33.00 road & bridge fee - $11.00 TOTAL - amount due at delivery - $1,500.00
gross capitalized cost - $60,941.63 capitalized cost reduction - $336.41 adj capitalized cost - $60,605.22 residual value - $30,324.50 depreciation - $30,280.72 rent charge - $12,395.60 total base payment - $42,676.32 term - 48 payment - $889.09
I was able to calculate my money factor as .00284 which I got by doing (12395.6/48)/(60605.22+30324.5) Also I got my residual as 49.75% or 50% which i got as 30324.50/60941.63
From reading here is what I gather I did wrong 1. I didn't do a good job at negotiation and should had tried to get the gross capitalized cost closer/between 55k-58k 2. Shouldn't had did a term of 48 months but rather 36 3. Raised some concern about the ridiculous high rent charge of $12,395.60 4. Asked what was the money rate (if I calculated correct) the rate of .00284 is pretty much double of what I should had paid. 5. On the window sticker it has Destination and Delivery of $925 but I was charged a acquisition fee $1,095.00. Aren't those the same? Did I pay twice?
Could someone please point out anything that I missed on where I went wrong and offer some advice on that as well as the above items I pointed out?
Also if I did the above lease at a term of 36 with a normal money factor what would my payments had been? Just trying to see if I did a better job how much would my payments had been. Thanks in advance
Hello I leased a 2014 Mercedes E350 Sedan on 07/05/2013 and at the time I had no idea on the in's and out's of leasing and I'm 100% sure that I got a terrible deal especially after reading some of the numbers being thrown around on some of these post. I'm trying to understand what is bad about my current lease so I can do a better job on my next one. Below are my numbers and this was financed through MBFS at 12k miles a year
sticker price - $59,880.00
cash price of vehicle - $57,880.00 acquisition fee - $1,095.00 official fees & taxes - $872.63 tint - $295.00 prepaid maintenance - $799.00 TOTAL - capitalized cost - $60,941.63
cash down - $336.41 first payment - $889.09 document fee - $145.00 state inspection - $23.75 deputy fee - $5.00 license fee - $56.75 title fee - $33.00 road & bridge fee - $11.00 TOTAL - amount due at delivery - $1,500.00
gross capitalized cost - $60,941.63 capitalized cost reduction - $336.41 adj capitalized cost - $60,605.22 residual value - $30,324.50 depreciation - $30,280.72 rent charge - $12,395.60 total base payment - $42,676.32 term - 48 payment - $889.09
I was able to calculate my money factor as .00284 which I got by doing (12395.6/48)/(60605.22+30324.5) Also I got my residual as 49.75% or 50% which i got as 30324.50/60941.63
From reading here is what I gather I did wrong 1. I didn't do a good job at negotiation and should had tried to get the gross capitalized cost closer/between 55k-58k 2. Shouldn't had did a term of 48 months but rather 36 3. Raised some concern about the ridiculous high rent charge of $12,395.60 4. Asked what was the money rate (if I calculated correct) the rate of .00284 is pretty much double of what I should had paid. 5. On the window sticker it has Destination and Delivery of $925 but I was charged a acquisition fee $1,095.00. Aren't those the same? Did I pay twice?
Could someone please point out anything that I missed on where I went wrong and offer some advice on that as well as the above items I pointed out?
Also if I did the above lease at a term of 36 with a normal money factor what would my payments had been? Just trying to see if I did a better job how much would my payments had been. Thanks in advance
1) Yes... the E350 has gone for pretty big discounts for quite awhile.. $2K off isn't much for this car. 2) 48 months can work, but 36 months is usually the sweet spot. This was a minor error. 3) Yes..the marked-up money factor just killed you.. An extra $100+ per month. 4) See #3.. Rent charge is directly connected to the money factor. 5) Acquisition fee goes to the bank on a lease. $795 is the base fee. As you might expect, the dealer marked up the fee to $1095, which is the maximum allowed.
We don't have the actual money factors from two years ago, but if you slice it in half, the payment would drop by $125/mo. Lowering the CAP cost by $3500 would save another $80/mo. (that's on a 48 month lease).
Not having the 36 month residual, I can't estimate it.... but, it's doubtful that would have made much difference in the payment.
Most people make mistakes on their first lease.... you learn a little bit, each time. You'll be better prepared for the next time.
Hello I leased a 2014 Mercedes E350 Sedan on 07/05/2013 and at the time I had no idea on the in's and out's of leasing and I'm 100% sure that I got a terrible deal especially after reading some of the numbers being thrown around on some of these post. I'm trying to understand what is bad about my current lease so I can do a better job on my next one. Below are my numbers and this was financed through MBFS at 12k miles a year
sticker price - $59,880.00
cash price of vehicle - $57,880.00 acquisition fee - $1,095.00 official fees & taxes - $872.63 tint - $295.00 prepaid maintenance - $799.00 TOTAL - capitalized cost - $60,941.63
cash down - $336.41 first payment - $889.09 document fee - $145.00 state inspection - $23.75 deputy fee - $5.00 license fee - $56.75 title fee - $33.00 road & bridge fee - $11.00 TOTAL - amount due at delivery - $1,500.00
gross capitalized cost - $60,941.63 capitalized cost reduction - $336.41 adj capitalized cost - $60,605.22 residual value - $30,324.50 depreciation - $30,280.72 rent charge - $12,395.60 total base payment - $42,676.32 term - 48 payment - $889.09
I was able to calculate my money factor as .00284 which I got by doing (12395.6/48)/(60605.22+30324.5) Also I got my residual as 49.75% or 50% which i got as 30324.50/60941.63
From reading here is what I gather I did wrong 1. I didn't do a good job at negotiation and should had tried to get the gross capitalized cost closer/between 55k-58k 2. Shouldn't had did a term of 48 months but rather 36 3. Raised some concern about the ridiculous high rent charge of $12,395.60 4. Asked what was the money rate (if I calculated correct) the rate of .00284 is pretty much double of what I should had paid. 5. On the window sticker it has Destination and Delivery of $925 but I was charged a acquisition fee $1,095.00. Aren't those the same? Did I pay twice?
Could someone please point out anything that I missed on where I went wrong and offer some advice on that as well as the above items I pointed out?
Also if I did the above lease at a term of 36 with a normal money factor what would my payments had been? Just trying to see if I did a better job how much would my payments had been. Thanks in advance
1) Yes... the E350 has gone for pretty big discounts for quite awhile.. $2K off isn't much for this car. 2) 48 months can work, but 36 months is usually the sweet spot. This was a minor error. 3) Yes..the marked-up money factor just killed you.. An extra $100+ per month. 4) See #3.. Rent charge is directly connected to the money factor. 5) Acquisition fee goes to the bank on a lease. $795 is the base fee. As you might expect, the dealer marked up the fee to $1095, which is the maximum allowed.
We don't have the actual money factors from two years ago, but if you slice it in half, the payment would drop by $125/mo. Lowering the CAP cost by $3500 would save another $80/mo. (that's on a 48 month lease).
Not having the 36 month residual, I can't estimate it.... but, it's doubtful that would have made much difference in the payment.
Most people make mistakes on their first lease.... you learn a little bit, each time. You'll be better prepared for the next time.
Thanks for your help and yes I have learned a lot. I do have additional questions.
1. When if comes to discounts on the vehicle how much in general should I try to get. Since $2k off isn't that much would $5k been better? Trying to understand the range/rule of thumb. 2. Since your unable to estimate with historical numbers are you able to tell me what it would be now if I leased it for 36 months with a current money factor and current residuals? Trying to understand what a lease would had cost me today with better numbers.
Hello I leased a 2014 Mercedes E350 Sedan on 07/05/2013 and at the time I had no idea on the in's and out's of leasing and I'm 100% sure that I got a terrible deal especially after reading some of the numbers being thrown around on some of these post. I'm trying to understand what is bad about my current lease so I can do a better job on my next one. Below are my numbers and this was financed through MBFS at 12k miles a year
sticker price - $59,880.00
cash price of vehicle - $57,880.00 acquisition fee - $1,095.00 official fees & taxes - $872.63 tint - $295.00 prepaid maintenance - $799.00 TOTAL - capitalized cost - $60,941.63
cash down - $336.41 first payment - $889.09 document fee - $145.00 state inspection - $23.75 deputy fee - $5.00 license fee - $56.75 title fee - $33.00 road & bridge fee - $11.00 TOTAL - amount due at delivery - $1,500.00
gross capitalized cost - $60,941.63 capitalized cost reduction - $336.41 adj capitalized cost - $60,605.22 residual value - $30,324.50 depreciation - $30,280.72 rent charge - $12,395.60 total base payment - $42,676.32 term - 48 payment - $889.09
I was able to calculate my money factor as .00284 which I got by doing (12395.6/48)/(60605.22+30324.5) Also I got my residual as 49.75% or 50% which i got as 30324.50/60941.63
From reading here is what I gather I did wrong 1. I didn't do a good job at negotiation and should had tried to get the gross capitalized cost closer/between 55k-58k 2. Shouldn't had did a term of 48 months but rather 36 3. Raised some concern about the ridiculous high rent charge of $12,395.60 4. Asked what was the money rate (if I calculated correct) the rate of .00284 is pretty much double of what I should had paid. 5. On the window sticker it has Destination and Delivery of $925 but I was charged a acquisition fee $1,095.00. Aren't those the same? Did I pay twice?
Could someone please point out anything that I missed on where I went wrong and offer some advice on that as well as the above items I pointed out?
Also if I did the above lease at a term of 36 with a normal money factor what would my payments had been? Just trying to see if I did a better job how much would my payments had been. Thanks in advance
1) Yes... the E350 has gone for pretty big discounts for quite awhile.. $2K off isn't much for this car. 2) 48 months can work, but 36 months is usually the sweet spot. This was a minor error. 3) Yes..the marked-up money factor just killed you.. An extra $100+ per month. 4) See #3.. Rent charge is directly connected to the money factor. 5) Acquisition fee goes to the bank on a lease. $795 is the base fee. As you might expect, the dealer marked up the fee to $1095, which is the maximum allowed.
We don't have the actual money factors from two years ago, but if you slice it in half, the payment would drop by $125/mo. Lowering the CAP cost by $3500 would save another $80/mo. (that's on a 48 month lease).
Not having the 36 month residual, I can't estimate it.... but, it's doubtful that would have made much difference in the payment.
Most people make mistakes on their first lease.... you learn a little bit, each time. You'll be better prepared for the next time.
Thanks for your help and yes I have learned a lot. I do have additional questions.
1. When if comes to discounts on the vehicle how much in general should I try to get. Since $2k off isn't that much would $5k been better? Trying to understand the range/rule of thumb. 2. Since your unable to estimate with historical numbers are you able to tell me what it would be now if I leased it for 36 months with a current money factor and current residuals? Trying to understand what a lease would had cost me today with better numbers.
Thanks in advance.
There really is no rule of thumb.. Just following prices through forums discussions will soon let you see that E350 discounts are substantial.
The special this month on the E350 is for 27 months. .00057 MF and 65% residual for 27mo, 12K/yr $59880 MSRP, $57000 CAP cost (just round numbers)
Payment = $724/mo.+tax
Of course, a lower selling price would result in a lower payment
Are the wagon residuals and money factors any different than the sedans??
I'm looking at either a 2015 or 2016 e350 4matic wagon, for 3yr./10k miles yr. lease.
Mercedes always seems to have decent residuals for shorter terms leases as well, and I'm curious if they currently offer anything less than 36 months for the wagon (24months, 27 months, 30 months etc.)???
Do you happen to know any of the shorter term residuals as well??? I'm assuming the money factor always stay the same...
Are the wagon residuals and money factors any different than the sedans??
I'm looking at either a 2015 or 2016 e350 4matic wagon, for 3yr./10k miles yr. lease.
Mercedes always seems to have decent residuals for shorter terms leases as well, and I'm curious if they currently offer anything less than 36 months for the wagon (24months, 27 months, 30 months etc.)???
Do you happen to know any of the shorter term residuals as well??? I'm assuming the money factor always stay the same...
Thank you so much; fantastic resource btw!!!!
Wagons have different numbers than the sedans.
2015 - standard MF and 61%; add 1% for 30 months and 6% for 24 months 2016 - standard MF and 62%; add 1% for 30 months and 6% for 24 months
No 27 month program on the wagon.
Both are for 36/10; standard MF from MBFS is between .00180 and .00220
Comments
2. See answer to #1
3. See answer to #1
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
What is MF/Residual
27mo/10k (if available)
36mo/10k
Can MF be brought down with autopay and to what price level?
Thanks!
Yes, autopay will bring the MF down to .00083
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
24Mo/10K per year
MSRP $57,745
Negotiated price $44,745
Total drive off $1200
Payment $385 + Tax
I realize the MF and Fees are marked up, but what do you think, should I pull the trigger?
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27 months is the special term, this month.
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See the certificates below.
I don't see any of these cars in the inventory on their website, so if these cars are not available, please report them to Edmund. Good luck!
More certificates
another certificate
last one
I ended getting up an E350 gasoline from Long Beach, mainly because I didn't want to drive to the Valley. $474/month and $2,000 drive-off for a 27 month, 7,500 mi. per year lease. I figure I'll turn in the car three months early and get another one. Include the 1,000-mile Amex overage waiver, and that's effectively 8,937 miles per year, enough for me.
MSRP: $59,120
Sales Price: $49,785
MF: .00059
Residual: $39,610
Acq. Fee: $1,095 (marked up by $300)
Sales Tax: 9%
Finance guy insisted there wasn't an auto-pay discount, which would have saved $10/month. More likely he simply didn't want to edit and reprint the lease contract. Oh well, there goes $240.
All in all, it took two hours at the dealership. Have no idea why it takes so long to buy a car, since there was no negotiating or test driving or other customers present, just simple paperwork.
Just signed this 27/10k deal at House of Imports and was in and out in 45 minutes. Negotiation was done over email yesterday. They have allocated 10 more 2015 E350 from their sister dealers and will have around 16 vehicles available.
2015 E350
MSRP $59,480
Negotiated $49,288
Drive off $2,000
Monthly $469.71/9% tax inclusive.
Signed up for MB Amex card and includes 1,000 mile overage waiver per year.
MSRP $63200
$1200 drive off
$575 with tax
painless deal, no finance pitch. Asked the finance guy if it saves you $10 for auto pay, he said no. I signed up regardless. PM if you want a reference to complete deal.
Plugging in your MSRP and selling price, I get a pre-tax payment of $636.48/mo
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00059 MF and 63% residual for 27mo, 15K/yr.
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sticker price - $59,880.00
cash price of vehicle - $57,880.00
acquisition fee - $1,095.00
official fees & taxes - $872.63
tint - $295.00
prepaid maintenance - $799.00
TOTAL - capitalized cost - $60,941.63
cash down - $336.41
first payment - $889.09
document fee - $145.00
state inspection - $23.75
deputy fee - $5.00
license fee - $56.75
title fee - $33.00
road & bridge fee - $11.00
TOTAL - amount due at delivery - $1,500.00
gross capitalized cost - $60,941.63
capitalized cost reduction - $336.41
adj capitalized cost - $60,605.22
residual value - $30,324.50
depreciation - $30,280.72
rent charge - $12,395.60
total base payment - $42,676.32
term - 48
payment - $889.09
I was able to calculate my money factor as .00284 which I got by doing (12395.6/48)/(60605.22+30324.5) Also I got my residual as 49.75% or 50% which i got as 30324.50/60941.63
From reading here is what I gather I did wrong
1. I didn't do a good job at negotiation and should had tried to get the gross capitalized cost closer/between 55k-58k
2. Shouldn't had did a term of 48 months but rather 36
3. Raised some concern about the ridiculous high rent charge of $12,395.60
4. Asked what was the money rate (if I calculated correct) the rate of .00284 is pretty much double of what I should had paid.
5. On the window sticker it has Destination and Delivery of $925 but I was charged a acquisition fee $1,095.00. Aren't those the same? Did I pay twice?
Could someone please point out anything that I missed on where I went wrong and offer some advice on that as well as the above items I pointed out?
Also if I did the above lease at a term of 36 with a normal money factor what would my payments had been? Just trying to see if I did a better job how much would my payments had been. Thanks in advance
2015 e350 4 matic?
2016 e350 4matic ?
27 months
7500miles?
2) 48 months can work, but 36 months is usually the sweet spot. This was a minor error.
3) Yes..the marked-up money factor just killed you.. An extra $100+ per month.
4) See #3.. Rent charge is directly connected to the money factor.
5) Acquisition fee goes to the bank on a lease. $795 is the base fee. As you might expect, the dealer marked up the fee to $1095, which is the maximum allowed.
We don't have the actual money factors from two years ago, but if you slice it in half, the payment would drop by $125/mo. Lowering the CAP cost by $3500 would save another $80/mo. (that's on a 48 month lease).
Not having the 36 month residual, I can't estimate it.... but, it's doubtful that would have made much difference in the payment.
Most people make mistakes on their first lease.... you learn a little bit, each time. You'll be better prepared for the next time.
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1. When if comes to discounts on the vehicle how much in general should I try to get. Since $2k off isn't that much would $5k been better? Trying to understand the range/rule of thumb.
2. Since your unable to estimate with historical numbers are you able to tell me what it would be now if I leased it for 36 months with a current money factor and current residuals? Trying to understand what a lease would had cost me today with better numbers.
Thanks in advance.
i see some agressive discounts on here from CA dealers....I am in NY
The special this month on the E350 is for 27 months.
.00057 MF and 65% residual for 27mo, 12K/yr
$59880 MSRP, $57000 CAP cost (just round numbers)
Payment = $724/mo.+tax
Of course, a lower selling price would result in a lower payment
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Heres the deal in getting:
2016 E250 Diesel Bluetec (No 4matic).
68,290 MSRP
DEALER IS GIVING ME 9.1% off, which comes out to $7,800.
Question 1) is this a reasonable amount of discount off msrp?
selling price of the car $60,500.
His money factor =0.00092
his residual =67%
Miles are 12K
taxes are 8.7%, which equales $1,900.
795.00 acquisition fee
due at signing $3,300
monthly $710.
What at do you think? This deal is using June's Numbers.
Any my and all advice or opinions are appreciated.
If the $3300 covers the tax, acquisition fee, 1st payment, etc, then my calculation is within a couple of dollars of that.
That looks like a great discount and a good payment for that car, especially for just 24 months.
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and
yes, 3,300 out the door.
Thank you!
36/12 residual is 60%
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Are the wagon residuals and money factors any different than the sedans??
I'm looking at either a 2015 or 2016 e350 4matic wagon, for 3yr./10k miles yr. lease.
Mercedes always seems to have decent residuals for shorter terms leases as well, and I'm curious if they currently offer anything less than 36 months for the wagon (24months, 27 months, 30 months etc.)???
Do you happen to know any of the shorter term residuals as well??? I'm assuming the money factor always stay the same...
Thank you so much; fantastic resource btw!!!!
Also, I'm assuming the 36/12 for the 2015 and 2016 E250 BlueTEC is 57% and .00093?
2015 - standard MF and 61%; add 1% for 30 months and 6% for 24 months
2016 - standard MF and 62%; add 1% for 30 months and 6% for 24 months
No 27 month program on the wagon.
Both are for 36/10; standard MF from MBFS is between .00180 and .00220
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Can you give me an MF and RV for both 2015 and 2016 E350 Sedan (NO 4 matic).
24/27/36 months on 12,000 miler per year.
Thanks
2016: .00077 MF and 58% residual
2015 Diesel: .00093 MF and 57% residual
2016 Diesel: .00102 MF and 58% residual
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