One last question on the E class sedan, can you give me the rates on the E400 4matic.
24mo/10k and 36mo/10k.
Thanks!
.00148 and 65% / 61%
hello, just wanted to confirm the residual rate on the E400 4matic sedan, my dealer is telling me different rate for 36mo/10k. Can you please confirm the March rates for me? Thanks!
One last question on the E class sedan, can you give me the rates on the E400 4matic.
24mo/10k and 36mo/10k.
Thanks!
.00148 and 65% / 61%
hello, just wanted to confirm the residual rate on the E400 4matic sedan, my dealer is telling me different rate for 36mo/10k. Can you please confirm the March rates for me? Thanks!
Hello, just wanted to confirm the residual rate on the E400 4matic sedan. My dealer is telling me different rates than initially provided. Can you please confirm the March rates on E400 4matic for 36mo/10k miles. Thanks!
One last question on the E class sedan, can you give me the rates on the E400 4matic.
24mo/10k and 36mo/10k.
Thanks!
.00148 and 65% / 61%
hello, just wanted to confirm the residual rate on the E400 4matic sedan, my dealer is telling me different rate for 36mo/10k. Can you please confirm the March rates for me? Thanks!
Hello, just wanted to confirm the residual rate on the E400 4matic sedan. My dealer is telling me different rates than initially provided. Can you please confirm the March rates on E400 4matic for 36mo/10k miles. Thanks!
Confirmed...those are the correct rates.
What rate is he giving you? Dealers can't alter residuals.
One last question on the E class sedan, can you give me the rates on the E400 4matic.
24mo/10k and 36mo/10k.
Thanks!
.00148 and 65% / 61%
hello, just wanted to confirm the residual rate on the E400 4matic sedan, my dealer is telling me different rate for 36mo/10k. Can you please confirm the March rates for me? Thanks!
Hello, just wanted to confirm the residual rate on the E400 4matic sedan. My dealer is telling me different rates than initially provided. Can you please confirm the March rates on E400 4matic for 36mo/10k miles. Thanks!
Confirmed...those are the correct rates.
What rate is he giving you? Dealers can't alter residuals.
He's saying 58% residual instead of 61%. He's probably looking at wrong line or something. Will call him back.
One last question on the E class sedan, can you give me the rates on the E400 4matic.
24mo/10k and 36mo/10k.
Thanks!
.00148 and 65% / 61%
hello, just wanted to confirm the residual rate on the E400 4matic sedan, my dealer is telling me different rate for 36mo/10k. Can you please confirm the March rates for me? Thanks!
Hello, just wanted to confirm the residual rate on the E400 4matic sedan. My dealer is telling me different rates than initially provided. Can you please confirm the March rates on E400 4matic for 36mo/10k miles. Thanks!
Confirmed...those are the correct rates.
What rate is he giving you? Dealers can't alter residuals.
He's saying 58% residual instead of 61%. He's probably looking at wrong line or something. Will call him back.
The "standard" mileage allowance is 15K/yr, for almost all banks, including MBFS. So, that's the way it's listed. You have to add the 3% for 10K/yr. Which he probably failed to note.
Picked up an E400 4 matic yesterday in NJ. 4th MB from dealer in 2 years. If you're looking for a new dealer let me know, very easy to deal with our salesman.
MSRP - $69,965 selling price including PPM for A,B,A - $60,250
36mo/10k miles, $699/mo including tax out the door. I paid 1st mo, bank fee, NJ MV fees and doc fee upfront.
Picked up an E400 4 matic yesterday in NJ. 4th MB from dealer in 2 years. If you're looking for a new dealer let me know, very easy to deal with our salesman.
MSRP - $69,965 selling price including PPM for A,B,A - $60,250
36mo/10k miles, $699/mo including tax out the door. I paid 1st mo, bank fee, NJ MV fees and doc fee upfront.
Picked up an E400 4 matic yesterday in NJ. 4th MB from dealer in 2 years. If you're looking for a new dealer let me know, very easy to deal with our salesman.
MSRP - $69,965 selling price including PPM for A,B,A - $60,250
36mo/10k miles, $699/mo including tax out the door. I paid 1st mo, bank fee, NJ MV fees and doc fee upfront.
Does the MF vary by region with MB like it does with some other manufacturers? If so, could you please share the MF and residuals for the E350 and the E400 for 36/15k in Kansas? I looked through the past few posts but I didn't see any requests for numbers with similar terms.
Does the MF vary by region with MB like it does with some other manufacturers? If so, could you please share the MF and residuals for the E350 and the E400 for 36/15k in Kansas? I looked through the past few posts but I didn't see any requests for numbers with similar terms.
Thanks!
MB numbers are nationwide
E350: .00043 MF and 54% residual E400: .00154 MF and 58% residual
Hoping to get some color on this deal/discussion about MSDs These are deposits so they will be returned at lease end? Any interest paid on the 3yr $6500?
what's the payment reduction of paying $6500 in deposits?
Hoping to get some color on this deal/discussion about MSDs These are deposits so they will be returned at lease end? Any interest paid on the 3yr $6500?
what's the payment reduction of paying $6500 in deposits?
Thanks.
Yes.. they are refundable.
No interest paid, but in return, they are reducing the money factor on the lease.
The savings will vary, depending on payment, etc.. $20-$50 per month, in general.
Can you provide money factor, residual and any cash incentives for E350 sport rwd? I'm looking for lowest miles and "sweet spot" with respect to term so could go from 24-36 months and 7,500 miles/yr is no problem. Coming off a 27 month lease on a '14 E350 sport. I'm in SoCal. Thanks!
Can you provide money factor, residual and any cash incentives for E350 sport rwd? I'm looking for lowest miles and "sweet spot" with respect to term so could go from 24-36 months and 7,500 miles/yr is no problem. Coming off a 27 month lease on a '14 E350 sport. I'm in SoCal. Thanks!
.00043 and 65% (24/7.5), 61% (30/7.5) or 58% (36/7.5)
Hi Michael, I am new to the forum, but your information it's really helpful! I am going to lease the 2016 E350 sedan, with MSRP $61,130, 36 months， 15,000 miles/yr Dealer gives the offer with $ 1,138 drive off and monthly $ 625, do you think this is good? I am at So. Cal tax rate around 8.75%
Hi Michael,
I am new to the forum, but your information it's really helpful!
I am going to lease the 2016 E350 sedan, with MSRP $61,130, 36 months， 15,000 miles/yr
Dealer gives the offer with $ 1,138 drive off and monthly $ 625, do you think this is good? I am at So. Cal tax rate around 8.75%
Thanks!
.00043 and 54% for 36/15.
Need to know the selling price or net cap cost to figure the payment.
Hi Michael, I am new to the forum, but your information it's really helpful! I am going to lease the 2016 E350 sedan, with MSRP $61,130, 36 months， 15,000 miles/yr Dealer gives the offer with $ 1,138 drive off and monthly $ 625, do you think this is good? I am at So. Cal tax rate around 8.75%
Thanks!
.00043 and 54% for 36/15.
Need to know the selling price or net cap cost to figure the payment.
I did not remember the exactly amount, but should be $51,000, currently incentive they told me is $3000 only. I used the Edmund calculate own car lease payment method please see if I am right or not?
$61,130-$51,000=$10,130 $61130 x 0.54= $33,010 $ 51,000-$ 33,010= $17,990 /36 = $500 $ 61,130 x 0.00043 =$ 26 tax: $526 x 8.75% = $ 57 So monthly payment should be $ 583 with $0 drive off? If they asked me to have $1,138 pay for the drive off, $ 1138/36= $31, then monthly payment will be $583-31= $562
Hi Michael, I am new to the forum, but your information it's really helpful! I am going to lease the 2016 E350 sedan, with MSRP $61,130, 36 months， 15,000 miles/yr Dealer gives the offer with $ 1,138 drive off and monthly $ 625, do you think this is good? I am at So. Cal tax rate around 8.75%
Thanks!
.00043 and 54% for 36/15.
Need to know the selling price or net cap cost to figure the payment.
I did not remember the exactly amount, but should be $51,000, currently incentive they told me is $3000 only. I used the Edmund calculate own car lease payment method please see if I am right or not?
$61,130-$51,000=$10,130 $61130 x 0.54= $33,010 $ 51,000-$ 33,010= $17,990 /36 = $500 $ 61,130 x 0.00043 =$ 26 tax: $526 x 8.75% = $ 57 So monthly payment should be $ 583 with $0 drive off? If they asked me to have $1,138 pay for the drive off, $ 1138/36= $31, then monthly payment will be $583-31= $562
Not sure if this calculation is right?
Thanks
The math is not quite right - the "rent charge" is calculated by adding the the cap cost and residual, then multiplying by the MF.
So, the pre-tax payment is $536; adding 8.75% tax still gets to $583/mo.
The drive off amount is probably not included in the cap cost, so you can't back it out of the payment if you pay it up front.
I would confirm what the $1138 includes and what is added to the cap cost.
I've looked into leasing a reasonably equipped 16 E350 4matic. The dealer despite some very heavy negotiation is not willing to go under invoice (whatever that number really is despite what can be found). They still expect a "profit" number over their invoice, say 775. The 3,000 advertised customer cash is deemed (at least by the dealer) as the most they'll offer in a deal. They do not want to discount any further. It is at best a very standard deal. In 2010 when the W212 E350 4m came out, I got the car 750 over invoice (I'm not talking with the same dealer that sold me the 2010 model).
The 3,000 is MB customer cash as advertised by MB. They wouldn't discount the customer cash beyond their invoice plus an invoice. Maybe it is this dealer, however are the deals being posted invoice (or invoice + a few hundred bucks) minus the 3K MB customer cash? I'm not seeing big discounts. My argument is that MB is fronting the 3K, not the dealer. The dealer didn't want to move beyond a standard deal IMO.
If this is the case (at least in this instance), there aren't spectacular deals on these cars being at their absolute end of their model year. Once you sign for the car and drive off the lot, it has lost a huge amount of money. MF is .00029 (base rate). Residual for 7,500 is 58%. I believe in this case the dealer isn't touching any of their hold-back. I think there's more available as looking at the site and other sources. Just some thoughts....
I got a quote from a dealer yesterday. Please comment if it looks like a good deal. Thanks.
E350W4 Lease MSRP $61,930 Selling Price $55,989 $4,118.04 total due at sign (including 1st. month payment, registration, DOC, Bank fee and tax up front) assuming you are registering in NJ $630.88/mo. x remaining 35 months 12k/yr.
The dealer seems to be open to knocking down another 2k off the MSRP, making the selling price at $53,989.
I got a quote from a dealer yesterday. Please comment if it looks like a good deal. Thanks.
E350W4 Lease MSRP $61,930 Selling Price $55,989 $4,118.04 total due at sign (including 1st. month payment, registration, DOC, Bank fee and tax up front) assuming you are registering in NJ $630.88/mo. x remaining 35 months 12k/yr.
The dealer seems to be open to knocking down another 2k off the MSRP, making the selling price at $53,989.
Thanks for the input
Using your MSRP and the $53,989 selling price, along with the .00039 MF and 56% residual for 36/12, I get a payment of $571/mo.
Ask the dealer what the net cap cost is - if higher than the selling price, find out what's been added to it.
I got a quote from a dealer yesterday. Please comment if it looks like a good deal. Thanks.
E350W4 Lease MSRP $61,930 Selling Price $55,989 $4,118.04 total due at sign (including 1st. month payment, registration, DOC, Bank fee and tax up front) assuming you are registering in NJ $630.88/mo. x remaining 35 months 12k/yr.
The dealer seems to be open to knocking down another 2k off the MSRP, making the selling price at $53,989.
Thanks for the input
Using your MSRP and the $53,989 selling price, along with the .00039 MF and 56% residual for 36/12, I get a payment of $571/mo.
Ask the dealer what the net cap cost is - if higher than the selling price, find out what's been added to it.
First post here and I'm hoping to see what people are paying on this vehicle in New Jersey:
2016 E400 4Matic Coupe Premium 2 Package Sport Package Illuminated Star Rear Deck Spoiler Chrome Handle Inserts Rear Camera Total w/ Destination and Delivery: $67,790
36/10 $3,033 at Signing (1st Mo. Payment, Bank Fee ($895), MV, DOC and Luxury Tax) 35 Payments @ $778/mo
Sales Rep claims he knocked the MSRP down to around $62,000.
First post here and I'm hoping to see what people are paying on this vehicle in New Jersey:
2016 E400 4Matic Coupe Premium 2 Package Sport Package Illuminated Star Rear Deck Spoiler Chrome Handle Inserts Rear Camera Total w/ Destination and Delivery: $67,790
36/10 $3,033 at Signing (1st Mo. Payment, Bank Fee ($895), MV, DOC and Luxury Tax) 35 Payments @ $778/mo
Sales Rep claims he knocked the MSRP down to around $62,000.
Thank you for any and all input.
36/10 numbers for the E400 4Matic Coupe are 60% and .00111.
Using your MSRP and selling price, I get $706/mo. I'm assuming you are paying all your taxes up front with the $3033.
Confirm the net capitalized cost - if higher than the $62K selling price, find out what the dealer has added.
What I've seen despite being told to the dealer how to structure the lease is the reluctance to keep bank fees, doc. fees, and other costs out of the basic lease conversation. The dealer seems to want them back into their "Star Lease" program. I've leased several MB's over the last 8 years, and it was not difficult. However this time is different....breaking out the costs can make a big difference in the cost of the lease.
If you're willing to pay a downpayment, doc fee, bank fee outside of the basic cost of the lease the monthly goes down. This is important for states that have a high lease tax, like PA which his currently at 9%. That means your downpayment is taxed + 9%, your bank fees are taxed plus 9% and your doc fees are taxed + 9%. If you factor that into the lease you are paying state tax plus interest. Given the low MF, still it can drive up your payment.
An issue with the dealer is if they "stuff" costs into a lump due at signing and do not explain what that is comprised of. You should never sign a lease unless this is clearly disclosed. If the dealer is resistant on breaking out the costs despite two attempts with clear explanation how the lease should be structured perhaps you should look at another dealer.
First post here and I'm hoping to see what people are paying on this vehicle in New Jersey:
2016 E400 4Matic Coupe Premium 2 Package Sport Package Illuminated Star Rear Deck Spoiler Chrome Handle Inserts Rear Camera Total w/ Destination and Delivery: $67,790
36/10 $3,033 at Signing (1st Mo. Payment, Bank Fee ($895), MV, DOC and Luxury Tax) 35 Payments @ $778/mo
Sales Rep claims he knocked the MSRP down to around $62,000.
Thank you for any and all input.
36/10 numbers for the E400 4Matic Coupe are 60% and .00111.
Using your MSRP and selling price, I get $706/mo. I'm assuming you are paying all your taxes up front with the $3033.
Confirm the net capitalized cost - if higher than the $62K selling price, find out what the dealer has added.
Thanks, Michael! I haven't leased in quite a long time, so it's nice to have a place to compare prices. $72/mo is large difference. Will have to look into this.
Looking for money factor and residuals on 36/12 and 36/10 lease of a e400 coupe, e400 cabriolet and e550 cabriolet. Trying to decide which to get based on best lease deal. Thanks!
Looking for money factor and residuals on 36/12 and 36/10 lease of a e400 coupe, e400 cabriolet and e550 cabriolet. Trying to decide which to get based on best lease deal. Thanks!
400 Coupe: .00109 MF and 59% residual 400 Cab: .00104 MF and 59% residual 550 Cab: Standard MF and 54% residual.
Thank you for your response. They haven't given me a quote yet. There will be $795 fee for acquisition. I will not accept the deal if it is more than $485.22 including the acquisition fee. I will pay out of pocket for all Title and doc fees.
What RV do you think I should get for miles already on it?
Thank you for your response. They haven't given me a quote yet. There will be $795 fee for acquisition. I will not accept the deal if it is more than $485.22 including the acquisition fee. I will pay out of pocket for all Title and doc fees.
What RV do you think I should get for miles already on it?
Thank you again,
Vince
RV is adjusted on a per mile basis ... don't know the exact rate, but figure .15-.25 per mile, deducted from the calculated residual.
2016 - E350 4MATIC LUXURY - 4517 MILES 36 MONTHS - 15000 MILES/YEAR MSRP = $56525 AGREED VALUE = $46000 GROSS CAPITAL COST = $48204.99 CAPITAL COST REDUCTION = $596.37 ADJUSTED CAPITAL COST = $47608.62
RV = $30220.10 (Deducted $0.20/mile) RENT CHARGE (MF) = $1092.44 (0.00039 with Auto Pay) DEPRECIATION CHARGE = $17388.52 TOTAL OF BASE MP = $18480.96 BASE MP = $513.36
AGREED VALUE = $46000 ACQUISITION FEE = $795 UPFRONT SALES TAX (IL) = $1409.99 (Tax is supposed to be 7.25%)
TOTAL DUE AT SIGNING = $1500 (INCLUDING FIRST MP OF $513.36, DOC & TITLE FEE OF $390.27 AND DOWN PAYMENT OF $596.37)
I feel like something is off .... What do you think of this deal?
2016 - E350 4MATIC LUXURY - 4517 MILES 36 MONTHS - 15000 MILES/YEAR MSRP = $56525 AGREED VALUE = $46000 GROSS CAPITAL COST = $48204.99 CAPITAL COST REDUCTION = $596.37 ADJUSTED CAPITAL COST = $47608.62
RV = $30220.10 (Deducted $0.20/mile) RENT CHARGE (MF) = $1092.44 (0.00039 with Auto Pay) DEPRECIATION CHARGE = $17388.52 TOTAL OF BASE MP = $18480.96 BASE MP = $513.36
AGREED VALUE = $46000 ACQUISITION FEE = $795 UPFRONT SALES TAX (IL) = $1409.99 (Tax is supposed to be 7.25%)
TOTAL DUE AT SIGNING = $1500 (INCLUDING FIRST MP OF $513.36, DOC & TITLE FEE OF $390.27 AND DOWN PAYMENT OF $596.37)
I feel like something is off .... What do you think of this deal?
Comments
E350 - $513 (30) or $488 (36)
E400 - $532 (30) or $496 (36)
Can you get that large of a discount on these models?
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Hello, just wanted to confirm the residual rate on the E400 4matic sedan. My dealer is telling me different rates than initially provided. Can you please confirm the March rates on E400 4matic for 36mo/10k miles. Thanks!
Hello, just wanted to confirm the residual rate on the E400 4matic sedan. My dealer is telling me different rates than initially provided. Can you please confirm the March rates on E400 4matic for 36mo/10k miles. Thanks!
Confirmed...those are the correct rates.
What rate is he giving you? Dealers can't alter residuals.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
He's saying 58% residual instead of 61%. He's probably looking at wrong line or something. Will call him back.
Confirmed...those are the correct rates.
What rate is he giving you? Dealers can't alter residuals.
He's saying 58% residual instead of 61%. He's probably looking at wrong line or something. Will call him back.
The "standard" mileage allowance is 15K/yr, for almost all banks, including MBFS. So, that's the way it's listed. You have to add the 3% for 10K/yr. Which he probably failed to note.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Trying to, seems more likely on the e400. Appreciate your help.
MSRP - $69,965
selling price including PPM for A,B,A - $60,250
36mo/10k miles, $699/mo including tax out the door. I paid 1st mo, bank fee, NJ MV fees and doc fee upfront.
Thanks,
Joe
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Thanks!
E350: .00043 MF and 54% residual
E400: .00154 MF and 58% residual
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
These are deposits so they will be returned at lease end?
Any interest paid on the 3yr $6500?
what's the payment reduction of paying $6500 in deposits?
Thanks.
No interest paid, but in return, they are reducing the money factor on the lease.
The savings will vary, depending on payment, etc.. $20-$50 per month, in general.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Not sure if I should post here or back in the 2015 forum. Looking for MF and residual on a 15 e250 with either 24m 12k or 36m 12k.
correct me if Im wrong if the discount off msrp is above 20% i should go with the higher residual 24month option?
Thanks!
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
I am new to the forum, but your information it's really helpful!
I am going to lease the 2016 E350 sedan, with MSRP $61,130, 36 months， 15,000 miles/yr
Dealer gives the offer with $ 1,138 drive off and monthly $ 625, do you think this is good? I am at So. Cal tax rate around 8.75%
Thanks!
Need to know the selling price or net cap cost to figure the payment.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Need to know the selling price or net cap cost to figure the payment.
I did not remember the exactly amount, but should be $51,000, currently incentive they told me is $3000 only.
I used the Edmund calculate own car lease payment method please see if I am right or not?
$61,130-$51,000=$10,130
$61130 x 0.54= $33,010
$ 51,000-$ 33,010= $17,990 /36 = $500
$ 61,130 x 0.00043 =$ 26
tax: $526 x 8.75% = $ 57
So monthly payment should be $ 583 with $0 drive off?
If they asked me to have $1,138 pay for the drive off, $ 1138/36= $31, then monthly payment will be
$583-31= $562
Not sure if this calculation is right?
Thanks
I used the Edmund calculate own car lease payment method please see if I am right or not?
$61,130-$51,000=$10,130
$61130 x 0.54= $33,010
$ 51,000-$ 33,010= $17,990 /36 = $500
$ 61,130 x 0.00043 =$ 26
tax: $526 x 8.75% = $ 57
So monthly payment should be $ 583 with $0 drive off?
If they asked me to have $1,138 pay for the drive off, $ 1138/36= $31, then monthly payment will be
$583-31= $562
Not sure if this calculation is right?
Thanks
The math is not quite right - the "rent charge" is calculated by adding the the cap cost and residual, then multiplying by the MF.
So, the pre-tax payment is $536; adding 8.75% tax still gets to $583/mo.
The drive off amount is probably not included in the cap cost, so you can't back it out of the payment if you pay it up front.
I would confirm what the $1138 includes and what is added to the cap cost.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I've looked into leasing a reasonably equipped 16 E350 4matic. The dealer despite some very heavy negotiation is not willing to go under invoice (whatever that number really is despite what can be found). They still expect a "profit" number over their invoice, say 775. The 3,000 advertised customer cash is deemed (at least by the dealer) as the most they'll offer in a deal. They do not want to discount any further. It is at best a very standard deal. In 2010 when the W212 E350 4m came out, I got the car 750 over invoice (I'm not talking with the same dealer that sold me the 2010 model).
The 3,000 is MB customer cash as advertised by MB. They wouldn't discount the customer cash beyond their invoice plus an invoice. Maybe it is this dealer, however are the deals being posted invoice (or invoice + a few hundred bucks) minus the 3K MB customer cash? I'm not seeing big discounts. My argument is that MB is fronting the 3K, not the dealer. The dealer didn't want to move beyond a standard deal IMO.
If this is the case (at least in this instance), there aren't spectacular deals on these cars being at their absolute end of their model year. Once you sign for the car and drive off the lot, it has lost a huge amount of money. MF is .00029 (base rate). Residual for 7,500 is 58%. I believe in this case the dealer isn't touching any of their hold-back. I think there's more available as looking at the site and other sources. Just some thoughts....
E350W4 Lease
MSRP $61,930
Selling Price $55,989
$4,118.04 total due at sign (including 1st. month payment, registration, DOC, Bank fee and tax up front) assuming you are registering in NJ
$630.88/mo. x remaining 35 months
12k/yr.
The dealer seems to be open to knocking down another 2k off the MSRP, making the selling price at $53,989.
Thanks for the input
Ask the dealer what the net cap cost is - if higher than the selling price, find out what's been added to it.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
First post here and I'm hoping to see what people are paying on this vehicle in New Jersey:
2016 E400 4Matic Coupe
Premium 2 Package
Sport Package
Illuminated Star
Rear Deck Spoiler
Chrome Handle Inserts
Rear Camera
Total w/ Destination and Delivery: $67,790
36/10
$3,033 at Signing (1st Mo. Payment, Bank Fee ($895), MV, DOC and Luxury Tax)
35 Payments @ $778/mo
Sales Rep claims he knocked the MSRP down to around $62,000.
Thank you for any and all input.
Using your MSRP and selling price, I get $706/mo. I'm assuming you are paying all your taxes up front with the $3033.
Confirm the net capitalized cost - if higher than the $62K selling price, find out what the dealer has added.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
If you're willing to pay a downpayment, doc fee, bank fee outside of the basic cost of the lease the monthly goes down. This is important for states that have a high lease tax, like PA which his currently at 9%. That means your downpayment is taxed + 9%, your bank fees are taxed plus 9% and your doc fees are taxed + 9%. If you factor that into the lease you are paying state tax plus interest. Given the low MF, still it can drive up your payment.
An issue with the dealer is if they "stuff" costs into a lump due at signing and do not explain what that is comprised of. You should never sign a lease unless this is clearly disclosed. If the dealer is resistant on breaking out the costs despite two attempts with clear explanation how the lease should be structured perhaps you should look at another dealer.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
400 Cab: .00104 MF and 59% residual
550 Cab: Standard MF and 54% residual.
Add 1% for 10K/yr
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
DEALER DEMO - 5000 MILES
MSRP: $56525
BASE CAP COST: $46000
36 MONTHS - 15000 MILES/YEAR
RV: 54%
MF: 0.00043
Good deal or Bad Deal?
I get $463/mo plus tax with your prices. What payment are you being quoted?
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thank you for your response. They haven't given me a quote yet. There will be $795 fee for acquisition. I will not accept the deal if it is more than $485.22 including the acquisition fee. I will pay out of pocket for all Title and doc fees.
What RV do you think I should get for miles already on it?
Thank you again,
Vince
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Here is the break down they gave me!
2016 - E350 4MATIC LUXURY - 4517 MILES
36 MONTHS - 15000 MILES/YEAR
MSRP = $56525
AGREED VALUE = $46000
GROSS CAPITAL COST = $48204.99
CAPITAL COST REDUCTION = $596.37
ADJUSTED CAPITAL COST = $47608.62
RV = $30220.10 (Deducted $0.20/mile)
RENT CHARGE (MF) = $1092.44 (0.00039 with Auto Pay)
DEPRECIATION CHARGE = $17388.52
TOTAL OF BASE MP = $18480.96
BASE MP = $513.36
AGREED VALUE = $46000
ACQUISITION FEE = $795
UPFRONT SALES TAX (IL) = $1409.99 (Tax is supposed to be 7.25%)
TOTAL DUE AT SIGNING = $1500 (INCLUDING FIRST MP OF $513.36, DOC & TITLE FEE OF $390.27 AND DOWN PAYMENT OF $596.37)
I feel like something is off .... What do you think of this deal?
Vince
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
I ran the numbers and it looks pretty good to me also. Maybe sleeping on it helped
I haven't signed the docs yet because they want to charge $595 for disposition at the end of lease!!! I am walking if they don't take that off!
Regards.
Vince
Almost every lease has one.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator