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2015 Mercedes-Benz E-Class Lease Questions

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    MichaellMichaell Moderator Posts: 241,365

    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

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    lifetime1lifetime1 Member Posts: 11
    E250
    What is MF/Residual

    27mo/10k (if available)
    36mo/10k

    Can MF be brought down with autopay and to what price level?

    Thanks!
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    MichaellMichaell Moderator Posts: 241,365
    lifetime1 said:

    E250
    What is MF/Residual

    27mo/10k (if available)
    36mo/10k

    Can MF be brought down with autopay and to what price level?

    Thanks!

    .00093 and 67% (24/10) an 58% (36/10). No 27 month program for the Bluetec.

    Yes, autopay will bring the MF down to .00083

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    lifetime1lifetime1 Member Posts: 11
    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?
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    kyfdxkyfdx Moderator Posts: 237,361
    lifetime1 said:

    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?

    If that's the car you want, you should jump on it..

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    empowahempowah Member Posts: 70
    lifetime1 said:

    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.
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    fourizonly007fourizonly007 Member Posts: 38
    empowah said:

    lifetime1 said:

    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.
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    fourizonly007fourizonly007 Member Posts: 38
    What are the MF and residual for 2015 E350 with 24/12k or 36/12k? Thanks in advance.
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    kyfdxkyfdx Moderator Posts: 237,361

    What are the MF and residual for 2015 E350 with 24/12k or 36/12k? Thanks in advance.

    .00059 MF and 65% residual for 27mo, 12K/yr.. 57% for 36/12

    27 months is the special term, this month.

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    lifetime1lifetime1 Member Posts: 11
    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!






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    lifetime1lifetime1 Member Posts: 11
    More certificates

    More certificates

    another certificate


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    lifetime1lifetime1 Member Posts: 11
    Another certificate

    372e.JPG 101.5K
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    lifetime1lifetime1 Member Posts: 11
    One more

    372f.JPG 109.8K
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    lifetime1lifetime1 Member Posts: 11
    two more


    last one



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    lifetime1lifetime1 Member Posts: 11

    empowah said:

    lifetime1 said:

    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
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    empowahempowah Member Posts: 70
    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.

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    vvskingvvsking Member Posts: 16
    empowah said:
    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?
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    lifetime1lifetime1 Member Posts: 11
    empowah said:

    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!
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    empowahempowah Member Posts: 70
    $474 with tax. Auto pay lowers MF by .0001, which would have resulted in savings of about $10 per month.
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    lifetime1lifetime1 Member Posts: 11
    empowah said:

    $474 with tax. Auto pay lowers MF by .0001, which would have resulted in savings of about $10 per month.

    Did you get anything else like scratch guard or pre-paid service?
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    ttrxttrx Member Posts: 2
    empowah said:

    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
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    fourizonly007fourizonly007 Member Posts: 38
    edited May 2015
    Hi,

    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.
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    ttrxttrx Member Posts: 2

    Hi,

    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.

    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
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    fourizonly007fourizonly007 Member Posts: 38
    Sent you a pm.
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    vvskingvvsking Member Posts: 16
    Mercedes Benz downtown LA

    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.
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    e43leasee43lease Member Posts: 11
    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!
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    MichaellMichaell Moderator Posts: 241,365

    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

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    e43leasee43lease Member Posts: 11
    wow the residual went up to 60%? thanks for the quick response
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    phantomcypherphantomcypher Member Posts: 22
    Now that we're in June and the 2015's are dwindling what are we looking at for programs this month?
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    e43leasee43lease Member Posts: 11
    Looking for residual and money factor for 2016 e400 4matic. Thanks!!!
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    kyfdxkyfdx Moderator Posts: 237,361

    Now that we're in June and the 2015's are dwindling what are we looking at for programs this month?

    E350 sedan.

    .00059 MF and 63% residual for 27mo, 15K/yr.

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    kyfdxkyfdx Moderator Posts: 237,361

    Looking for residual and money factor for 2016 e400 4matic. Thanks!!!

    Standard money factor and 59% residual for 36mo, 15K/yr

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    ianupe123ianupe123 Member Posts: 16
    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
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    ericeserices Member Posts: 5
    edited June 2015
    Hi What is MF and residual for
    2015 e350 4 matic?
    2016 e350 4matic ?

    27 months
    7500miles?
    kyfdx said:

    Now that we're in June and the 2015's are dwindling what are we looking at for programs this month?

    E350 sedan.

    .00059 MF and 63% residual for 27mo, 15K/yr.
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    kyfdxkyfdx Moderator Posts: 237,361
    ianupe123 said:

    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.

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    kyfdxkyfdx Moderator Posts: 237,361
    erices said:

    Hi What is MF and residual for
    2015 e350 4 matic?
    2016 e350 4matic ?

    27 months
    7500miles?


    2015: .00057 MF and 67% residual

    2016: No 27 month term. .00077 MF and 69% residual for 24 months

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    ianupe123ianupe123 Member Posts: 16
    kyfdx said:

    ianupe123 said:

    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.
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    ericeserices Member Posts: 5
    Thank you, what is the trunk money on the 2015 e350?
    i see some agressive discounts on here from CA dealers....I am in NY
    kyfdx said:

    erices said:

    Hi What is MF and residual for
    2015 e350 4 matic?
    2016 e350 4matic ?

    27 months
    7500miles?


    2015: .00057 MF and 67% residual

    2016: No 27 month term. .00077 MF and 69% residual for 24 months

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    kyfdxkyfdx Moderator Posts: 237,361
    ianupe123 said:

    kyfdx said:

    ianupe123 said:

    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

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    kyfdxkyfdx Moderator Posts: 237,361
    erices said:

    Thank you, what is the trunk money on the 2015 e350?
    i see some agressive discounts on here from CA dealers....I am in NY

    kyfdx said:

    erices said:

    Hi What is MF and residual for
    2015 e350 4 matic?
    2016 e350 4matic ?

    27 months
    7500miles?


    2015: .00057 MF and 67% residual

    2016: No 27 month term. .00077 MF and 69% residual for 24 months


    We don't have any incentive information on Mercedes.

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    datbenzboydatbenzboy Member Posts: 14
    First of all I really wanna say thank you to the moderates. They have really saved people thousands and thousands of dollars and are pretty awesome. 


    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. 







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    kyfdxkyfdx Moderator Posts: 237,361

    First of all I really wanna say thank you to the moderates. They have really saved people thousands and thousands of dollars and are pretty awesome. 


    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. 







    Is this a 24 month lease?

    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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    datbenzboydatbenzboy Member Posts: 14
    edited June 2015
    Correct, 24 month lease. Mad a mistake. Not 9% off MSRP. 11% OFF MSRP.


    and


    yes, 3,300 out the door.
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    decarlvrdecarlvr Member Posts: 7
    Could you please provide the latest residual and money factor for both the 2015 and 2016 E400 4matic Coupe for 24 or 27 months with 12K?

    Thank you!
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    kyfdxkyfdx Moderator Posts: 237,361
    decarlvr said:

    Could you please provide the latest residual and money factor for both the 2015 and 2016 E400 4matic Coupe for 24 or 27 months with 12K?

    Thank you!

    .00093 MF and 64% residual for 24mo, 12K/yr.

    36/12 residual is 60%

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    kubicakubica Member Posts: 70
    Greetings!

    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!!!!
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    decarlvrdecarlvr Member Posts: 7
    edited June 2015
    Hello kyfdx - may I ask you please please post the latest numbers for the 2015 and 2016 E350 4MATIC for 36/12?

    Also, I'm assuming the 36/12 for the 2015 and 2016 E250 BlueTEC is 57% and .00093?
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    MichaellMichaell Moderator Posts: 241,365
    kubica said:

    Greetings!

    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

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    jlcfanjlcfan Member Posts: 11
    Hi Mod,

    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
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    kyfdxkyfdx Moderator Posts: 237,361
    decarlvr said:

    Hello kyfdx - may I ask you please please post the latest numbers for the 2015 and 2016 E350 4MATIC for 36/12?

    Also, I'm assuming the 36/12 for the 2015 and 2016 E250 BlueTEC is 57% and .00093?

    2015: .00057 MF and 56% residual
    2016: .00077 MF and 58% residual

    2015 Diesel: .00093 MF and 57% residual
    2016 Diesel: .00102 MF and 58% residual

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