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2016 Mercedes-Benz E-Class Lease Questions

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  • kyfdxkyfdx Moderator Posts: 266,994
    shaker58 said:

    E350 sport sedan 4matic

    shaker58 said:

    what's the better program 24 or 36 months? also is there a 30 month?

    There is a 30 month program, but it's not competitive.

    The 36 month residual is 9% lower than the 24 month residual.

    That makes the 36 month term better, unless the discount from MSRP is at least 20% or more.

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  • albertobalbertob Member Posts: 17
    15K residuals:
    Sedan - .00077 and 65% / 56% (no 27 month numbers)
    Wagon - standard MF and 65% / 59% (no 27 month numbers)

    Is there a way to find out what is the standard MF for the wagon. Went to local dealer in Los Angeles and they confirmed residual and MF for Sedan, however, they were not very forthright with disclosing the Wagon Standard MF. thanks
  • MichaellMichaell Moderator Posts: 263,250
    albertob said:

    15K residuals:
    Sedan - .00077 and 65% / 56% (no 27 month numbers)
    Wagon - standard MF and 65% / 59% (no 27 month numbers)

    Is there a way to find out what is the standard MF for the wagon. Went to local dealer in Los Angeles and they confirmed residual and MF for Sedan, however, they were not very forthright with disclosing the Wagon Standard MF. thanks

    We don't know the exact number either, but suspect it's between .00200 and .00220

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  • jjj8861jjj8861 Member Posts: 3
    Was quoted the following today on a 2016 E350 4Matic Sport (10K/year; 36 months) in Minneapolis:

    MSRP: $63,880
    Sale Price: $59,000
    Acq. Fee: $1,095
    MF: .00117
    Residual: 59%
    Total Cash Down: $7,500
    Rebate: $3,500
    $503/month

    This isn't as good as my current lease with same amount down (2014 E350 4Matic Sport; 27 month/10K year). Did I just get a good deal on my current MB, or do you think there is still meat on the bone to negotiate down?

    Thanks!
  • kyfdxkyfdx Moderator Posts: 266,994
    jjj8861 said:

    Was quoted the following today on a 2016 E350 4Matic Sport (10K/year; 36 months) in Minneapolis:

    MSRP: $63,880
    Sale Price: $59,000
    Acq. Fee: $1,095
    MF: .00117
    Residual: 59%
    Total Cash Down: $7,500
    Rebate: $3,500
    $503/month

    This isn't as good as my current lease with same amount down (2014 E350 4Matic Sport; 27 month/10K year). Did I just get a good deal on my current MB, or do you think there is still meat on the bone to negotiate down?

    Thanks!

    .00077 MF and 59% residual.

    Money factor is marked up, acq.fee is marked up from the $795 base.

    It's not a good deal, and your 2014 27 month lease was an incentivized special, so it's a double whammy. Keep shopping and get all your quotes with $1000 due at signing, so you can compare. No point in putting $7500 upfront on a lease.

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  • jjj8861jjj8861 Member Posts: 3
    Your feedback is incredibly helpful, and it confirms what I suspected about the sales manager I've been working with. I worked with the numbers this morning to try to find a more reasonable ballpark. Do these seem like figures I could propose with a straight face?

    MSRP: $63,880
    Sale Price: $56,500
    Total Cash Down: $3,500
    Acquisition Fee: $750
    MF: .00077
    Residual: 59%
    Rebate: $4,000
    Monthly Payment: $485

    I appreciate your tip about using $1,000 down as the baseline and keeping the up front money low. I'll use that when shopping. But I'm comfortable putting a bit more down to keep my monthly payment a bit lower.

    Thanks again.
  • kyfdxkyfdx Moderator Posts: 266,994
    jjj8861 said:

    Your feedback is incredibly helpful, and it confirms what I suspected about the sales manager I've been working with. I worked with the numbers this morning to try to find a more reasonable ballpark. Do these seem like figures I could propose with a straight face?

    MSRP: $63,880
    Sale Price: $56,500
    Total Cash Down: $3,500
    Acquisition Fee: $750
    MF: .00077
    Residual: 59%
    Rebate: $4,000
    Monthly Payment: $485

    I appreciate your tip about using $1,000 down as the baseline and keeping the up front money low. I'll use that when shopping. But I'm comfortable putting a bit more down to keep my monthly payment a bit lower.

    Thanks again.

    Base acquisition fee is $795. No idea if your numbers are achievable, but look a lot more reasonable than the first quote.

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  • jjj8861jjj8861 Member Posts: 3
    I noticed the error on the acquisition fee after sending. Thanks for the input - very helpful; really appreciate it.
  • neoroseneorose Member Posts: 50
    If available, could you post the MF and residuals for E400 Cabriolet.  Both the 2015 and 2016 models would be appreciated.  Considering some of MB Financial incentives, could you provide the residuals for 24/27/30/36 months and only 10k miles.
    very kind.
    n
  • kyfdxkyfdx Moderator Posts: 266,994
    neorose said:

    If available, could you post the MF and residuals for E400 Cabriolet.  Both the 2015 and 2016 models would be appreciated.  Considering some of MB Financial incentives, could you provide the residuals for 24/27/30/36 months and only 10k miles.
    very kind.
    n

    2015: .00049 MF and 56% residual for 36/10 (only viable term)
    2016: .00104 MF and 60% residual for 36/10 (again, all other terms are not good)

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  • neoroseneorose Member Posts: 50
    Thank you, Kyfdx.
    N
  • flyoosky1flyoosky1 Member Posts: 5
    Hi,

    Could you please check a reasonable price for 2016 E350 lease? 36 montsh/ 12,000 miles

    MSRP $62,165, Sale prcie $ 51,500, tax 8%, they didn't tell me other info...

    The monthly payment they give is $540 + $55,00 down pay. If this is a good one?
  • MichaellMichaell Moderator Posts: 263,250
    flyoosky1 said:

    Hi,

    Could you please check a reasonable price for 2016 E350 lease? 36 montsh/ 12,000 miles

    MSRP $62,165, Sale prcie $ 51,500, tax 8%, they didn't tell me other info...

    The monthly payment they give is $540 + $55,00 down pay. If this is a good one?

    RWD or 4Matic?

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  • flyoosky1flyoosky1 Member Posts: 5
    This is a RWD...Thanks !
  • MichaellMichaell Moderator Posts: 263,250
    flyoosky1 said:

    Hi,

    Could you please check a reasonable price for 2016 E350 lease? 36 montsh/ 12,000 miles

    MSRP $62,165, Sale prcie $ 51,500, tax 8%, they didn't tell me other info...

    The monthly payment they give is $540 + $55,00 down pay. If this is a good one?

    flyoosky1 said:

    This is a RWD...Thanks !

    .00080 and 58%.

    What is the breakdown of the $5500 due at signing?

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  • flyoosky1flyoosky1 Member Posts: 5
    Hi Michaell,

    The $5500 is:
    1st Month Payment 497.28
    Acquisition Fee 1,095.00
    Fees & Insurance 556.75
    Upfront Taxes 335.26
    Cap Reduction (Cash) 3,015.71

    MSRP: $62175, and Sale price $ 51500.. I think they marked up money factor although the sale price is low...If this is good deal?
  • MichaellMichaell Moderator Posts: 263,250
    flyoosky1 said:

    Hi Michaell,

    The $5500 is:
    1st Month Payment 497.28
    Acquisition Fee 1,095.00
    Fees & Insurance 556.75
    Upfront Taxes 335.26
    Cap Reduction (Cash) 3,015.71

    MSRP: $62175, and Sale price $ 51500.. I think they marked up money factor although the sale price is low...If this is good deal?

    We don't recommend making a cap reduction on a lease - if the car is stolen or totaled, you lose that money.

    Acquisition fee is marked up - base is $795.

    Given that, it doesn't look like a good deal, even with the big discount from sticker (and, the possibility of a marked up MF)

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  • bananaerobananaero Member Posts: 123
    edited October 2015
    Hello,
    Could you please provide lease rates for 36mo/10k and 12k for

    2016 E350 4 Matic Sedan
    2016 E400 4 Matic Sedan
    2016 E350 4 Matic Wagon

    Are there any incentives right now? Is 36mo the best length?

    Thanks!
  • kyfdxkyfdx Moderator Posts: 266,994
    bananaero said:

    Hello,
    Could you please provide lease rates for 36mo/10k and 12k for

    2016 E350 4 Matic Sedan
    2016 E400 4 Matic Sedan
    2016 E350 4 Matic Wagon

    Are there any incentives right now? Is 36mo the best length?

    Thanks!

    2016 E350 4 Matic Sedan
    .00077 MF and 59%/58% residual
    2016 E400 4 Matic Sedan
    Standard MF and 62%/61% residual
    2016 E350 4 Matic Wagon
    Standard MF and 62%/61% residual

    That's the best term.. no incentives

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  • nbtynbty Member Posts: 24
    edited October 2015
    2016 e350 4matic 66025 msrp
    53300 neg price
    24/10
    565 per month just 1st payment and 400 dmv and dealer fees due at pick up
  • MichaellMichaell Moderator Posts: 263,250
    nbty said:

    2016 e350 4matic 66025 msrp
    53300 neg price
    24/10
    565 per month just 1st payment and 400 dmv and dealer fees due at pick up

    What state and tax rate is this?

    Using your prices - and the 24/10 residual of 68% - I get a payment of $426/mo before tax.

    What is the net cap cost? If higher than the selling price, what's been rolled in?

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  • nbtynbty Member Posts: 24
    Michaell said:

    nbty said:

    2016 e350 4matic 66025 msrp
    53300 neg price
    24/10
    565 per month just 1st payment and 400 dmv and dealer fees due at pick up

    What state and tax rate is this?

    Using your prices - and the 24/10 residual of 68% - I get a payment of $426/mo before tax.

    What is the net cap cost? If higher than the selling price, what's been rolled in?
    rolled in taxes 8.675% and bank fee
    also can you give me correct mf
  • MichaellMichaell Moderator Posts: 263,250
    nbty said:

    Michaell said:

    nbty said:

    2016 e350 4matic 66025 msrp
    53300 neg price
    24/10
    565 per month just 1st payment and 400 dmv and dealer fees due at pick up

    What state and tax rate is this?

    Using your prices - and the 24/10 residual of 68% - I get a payment of $426/mo before tax.

    What is the net cap cost? If higher than the selling price, what's been rolled in?
    rolled in taxes 8.675% and bank fee
    also can you give me correct mf
    .00077 is the MF for the E350 4Matic

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  • bananaerobananaero Member Posts: 123
    Thank you so much!

    Could you provide the residuals for a 24mo/10k? Are the residuals the same?
    kyfdx said:

    bananaero said:

    Hello,
    Could you please provide lease rates for 36mo/10k and 12k for

    2016 E350 4 Matic Sedan
    2016 E400 4 Matic Sedan
    2016 E350 4 Matic Wagon

    Are there any incentives right now? Is 36mo the best length?

    Thanks!

    2016 E350 4 Matic Sedan
    .00077 MF and 59%/58% residual
    2016 E400 4 Matic Sedan
    Standard MF and 62%/61% residual
    2016 E350 4 Matic Wagon
    Standard MF and 62%/61% residual

    That's the best term.. no incentives
  • MichaellMichaell Moderator Posts: 263,250
    bananaero said:

    Thank you so much!

    Could you provide the residuals for a 24mo/10k? Are the residuals the same?

    kyfdx said:

    bananaero said:

    Hello,
    Could you please provide lease rates for 36mo/10k and 12k for

    2016 E350 4 Matic Sedan
    2016 E400 4 Matic Sedan
    2016 E350 4 Matic Wagon

    Are there any incentives right now? Is 36mo the best length?

    Thanks!

    2016 E350 4 Matic Sedan
    .00077 MF and 59%/58% residual
    2016 E400 4 Matic Sedan
    Standard MF and 62%/61% residual
    2016 E350 4 Matic Wagon
    Standard MF and 62%/61% residual

    That's the best term.. no incentives
    24/10 residuals (MF is the same)
    E350 4Matic Sedan - 68%
    E400 4Matic Sedan - 66%
    E350 4Matic Wagon - 68%

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  • kyfdxkyfdx Moderator Posts: 266,994
    nbty said:

    2016 e350 4matic 66025 msrp
    53300 neg price
    24/10
    565 per month just 1st payment and 400 dmv and dealer fees due at pick up

    Wow... $13K off a 2016?

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  • bananaerobananaero Member Posts: 123
    Is there tax on acquisition/bank fee in Pennsylvania? Dealer is saying there is...
  • kyfdxkyfdx Moderator Posts: 266,994
    bananaero said:

    Is there tax on acquisition/bank fee in Pennsylvania? Dealer is saying there is...

    Acquisition fee seems to be taxed in every state that has sales tax.

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  • lightnnglightnng Member Posts: 20
    edited October 2015
    I leased a new 2016 E350 today. Comments? this is in CA, and high sales taxes (10%) prevail.

    MSRP: $64K
    Reduced to: $55.5K
    Duration: 36mo
    Down: $2250 (total)
    Monthly: $667 (total)

    Important: these payments INCLUDE 15,000 miles per year and prepaid maintenance at 10k,20k,30k
  • kyfdxkyfdx Moderator Posts: 266,994
    lightnng said:

    I leased a new 2016 E350 today. Comments? this is in CA, and high sales taxes (10%) prevail.

    MSRP: $64K
    Reduced to: $55.5K
    Duration: 36mo
    Down: $2250 (total)
    Monthly: $667 (total)

    Important: these payments INCLUDE 15,000 miles per year and prepaid maintenance at 10k,20k,30k

    Looks like a solid deal. Congrats!

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  • lightnnglightnng Member Posts: 20
    kyfdx said:

    lightnng said:

    I leased a new 2016 E350 today. Comments? this is in CA, and high sales taxes (10%) prevail.

    MSRP: $64K
    Reduced to: $55.5K
    Duration: 36mo
    Down: $2250 (total)
    Monthly: $667 (total)

    Important: these payments INCLUDE 15,000 miles per year and prepaid maintenance at 10k,20k,30k

    Looks like a solid deal. Congrats!
    Thanks. I just checked my deal sheet - my rate was 0.00070 (or 1.68% APR). Residual 56%.
  • hpjsjbhhpjsjbh Member Posts: 3
    What is the current residual and MF for both E400 Coupe and Cabriolet (24yr/12K and 36yr/12K)? Is there any promotional incentives for the models?
  • kyfdxkyfdx Moderator Posts: 266,994
    hpjsjbh said:

    What is the current residual and MF for both E400 Coupe and Cabriolet (24yr/12K and 36yr/12K)? Is there any promotional incentives for the models?

    Coupe: .00109 MF and 64%/59% residual.
    Cab: .00104 MF and 64%/59% residual.

    We don't have any access to incentives, but those are pretty good numbers for that type of vehicle, I think.

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  • bananaerobananaero Member Posts: 123
    edited October 2015
    Signed a 2016 E350W4 today.

    MSRP: $65.5k
    Reduced to: $54.5k (including fleet discount)
    Duration: 24mo/10k
    Down: $0
    Monthly: $580 (total including 9% tax)

    Thanks to this forum!
  • MichaellMichaell Moderator Posts: 263,250
    bananaero said:

    Signed a 2016 E350W4 today.

    MSRP: $65.5k
    Reduced to: $54.5k (including fleet discount)
    Duration: 24mo/10k
    Down: $0
    Monthly: $580 (total including 9% tax)

    Thanks to this forum!

    Congrats! Thanks for checking in and sharing your final deal with us.

    Enjoy your new MB and we'll see you back here in a couple of years.

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  • bananaerobananaero Member Posts: 123
    edited October 2015
    Thank you! It was difficult to find a dealership that would honor the buy rate money factor, but after trying 6 different dealerships in the area, I was able to get the buy rate and the auto pay discount!
    Michaell said:

    bananaero said:

    Signed a 2016 E350W4 today.

    MSRP: $65.5k
    Reduced to: $54.5k (including fleet discount)
    Duration: 24mo/10k
    Down: $0
    Monthly: $580 (total including 9% tax)

    Thanks to this forum!

    Congrats! Thanks for checking in and sharing your final deal with us.

    Enjoy your new MB and we'll see you back here in a couple of years.
  • kyfdxkyfdx Moderator Posts: 266,994
    @bananaero Nice job!

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  • teekay8teekay8 Member Posts: 6
    Hi, I was recently quoted the following deal on a 24 mo./10k per year lease of a 2016 E350 Sport Sedan (Premium One and Keyless Go) with no money down. Selling price is listed at $61,155.00:

    1) Net Cap Cost $54,321.56
    2) Cost Reductions $0
    3) Fees Broken Out (Acquisition Fee, Doc Fee, etc.)
    Cap Reduction $0
    Tax on cap reduction $105.75
    License Fee $490
    Doc Fee $80
    Acq fee $1095
    3) Residual Value $40,0362.30
    4) Money Factor .00088
    5) Monthly Payment: $724.81

    Is this a good deal?
  • MichaellMichaell Moderator Posts: 263,250
    teekay8 said:

    Hi, I was recently quoted the following deal on a 24 mo./10k per year lease of a 2016 E350 Sport Sedan (Premium One and Keyless Go) with no money down. Selling price is listed at $61,155.00:

    1) Net Cap Cost $54,321.56
    2) Cost Reductions $0
    3) Fees Broken Out (Acquisition Fee, Doc Fee, etc.)
    Cap Reduction $0
    Tax on cap reduction $105.75
    License Fee $490
    Doc Fee $80
    Acq fee $1095
    3) Residual Value $40,0362.30
    4) Money Factor .00088
    5) Monthly Payment: $724.81

    Is this a good deal?

    Base MF is .00068, so that is marked up on you.

    24/10 residual is 66%.

    My numbers work out the same as yours (9% tax) - by getting the base MF, the payment drops to $704.18.

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  • datbenzboydatbenzboy Member Posts: 14
    Evening mod,


    whats the residual for

    2016 24 month/12k e350 awd residual? thank you!
  • MichaellMichaell Moderator Posts: 263,250

    Evening mod,


    whats the residual for

    2016 24 month/12k e350 awd residual? thank you!

    .00066 and 64%

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  • minuteman12minuteman12 Member Posts: 11
    Greetings. What is the November money factor and residual for a 2016 E400C4. 36 months/10k per year lease. Also, any incentives, discount info? Thank you.
  • MichaellMichaell Moderator Posts: 263,250

    Greetings. What is the November money factor and residual for a 2016 E400C4. 36 months/10k per year lease. Also, any incentives, discount info? Thank you.

    .00111 and 60%.

    No incentive information. Use the 'make / model / year' pull downs at the top of the page to link to pricing information.

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  • cartastic1cartastic1 Member Posts: 15
    What kind of deals are people getting on the 2016 350 or E400 4Matic? please post to this forum to help us out...
  • minuteman12minuteman12 Member Posts: 11
    Michaell said:

    Greetings. What is the November money factor and residual for a 2016 E400C4. 36 months/10k per year lease. Also, any incentives, discount info? Thank you.

    .00111 and 60%.

    No incentive information. Use the 'make / model / year' pull downs at the top of the page to link to pricing information.
    Thank you and good morning.

    For a 2016 E400C4 (MSRP of $67.7k) lease for 36 months/10k per year, thoughts on $0 cash out (including all fees) and $725/month?
  • kyfdxkyfdx Moderator Posts: 266,994

    Michaell said:

    Greetings. What is the November money factor and residual for a 2016 E400C4. 36 months/10k per year lease. Also, any incentives, discount info? Thank you.

    .00111 and 60%.

    No incentive information. Use the 'make / model / year' pull downs at the top of the page to link to pricing information.
    Thank you and good morning.

    For a 2016 E400C4 (MSRP of $67.7k) lease for 36 months/10k per year, thoughts on $0 cash out (including all fees) and $725/month?
    Lower than I thought it would be..

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  • minuteman12minuteman12 Member Posts: 11
    kyfdx said:

    Michaell said:

    Greetings. What is the November money factor and residual for a 2016 E400C4. 36 months/10k per year lease. Also, any incentives, discount info? Thank you.

    .00111 and 60%.

    No incentive information. Use the 'make / model / year' pull downs at the top of the page to link to pricing information.
    Thank you and good morning.

    For a 2016 E400C4 (MSRP of $67.7k) lease for 36 months/10k per year, thoughts on $0 cash out (including all fees) and $725/month?
    Lower than I thought it would be..
    Thank you. It took some time across multiple dealers. Two remaining dealers are at $725. Down to whether I want a car with that rear spoiler, which I think disrupts the cosmetics or a car without the spoiler, but with a wood sports steering wheel, which for some reason does not really resonate with me.
  • cartastic1cartastic1 Member Posts: 15
    minuteman12- what is the cap cost on your negotiated $725 payment? Just curious how much dealers are able to move on it.
  • minuteman12minuteman12 Member Posts: 11

    minuteman12- what is the cap cost on your negotiated $725 payment? Just curious how much dealers are able to move on it.

    $60,957 with auto pay, fleet discount (USAA), etc.
  • obon396obon396 Member Posts: 5
    Hello, Can you please let me know November's base MF and RV for a 2016 E350 4-Matic, 36 mo lease/7,500 mi per yr?

    Thank you.
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