2016 Mercedes-Benz E-Class Lease Questions

MichaellMichaell Moderator Posts: 251,831
edited July 2015 in Mercedes-Benz
Ask your E-Class lease questions here!

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

«13456713

Comments

  • jnejahjnejah Member Posts: 4
    Do you have recent MF examples for 2016 E class wagon for a 36/15k lease? Do you have accurate lease rates for discount on a single pay lease? Please also provide residual value for the wagon. Thank you.
  • kyfdxkyfdx Moderator Posts: 253,146
    jnejah said:

    Do you have recent MF examples for 2016 E class wagon for a 36/15k lease? Do you have accurate lease rates for discount on a single pay lease? Please also provide residual value for the wagon. Thank you.

    Standard MF and 58% residual. (standard Mercedes MF is around .00200).

    In the past, the money factor reduction for single-pay leases has been .00080-.00100. No current information, though.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • revtekniquesrevtekniques Member Posts: 13
    edited July 2015
    Hey Michael,

    What's the MF for 2016 E350 rwd? and based on the MF and residual, can you give me rough estimates of what a payment would look like for a MSRP of $58k sale price of $48k, 24/12 and 24/15? Looking to only down drive off (less than $1000). I'm in N. CA.

    Thanks!
  • kyfdxkyfdx Moderator Posts: 253,146

    Hey Michael,

    What's the MF for 2016 E350 rwd? and based on the MF and residual, can you give me rough estimates of what a payment would look like for a MSRP of $58k sale price of $48k, 24/12 and 24/15? Looking to only down drive off (less than $1000). I'm in N. CA.

    Thanks!

    .00080 MF and 65% residual for 24/15, 67% for 24/12.

    Adding the $795 acq.fee to the CAP cost, $532/mo. or $484/mo. + tax..

    That's a great payment, but do you think you can get $10K off on a new 2016?

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • revtekniquesrevtekniques Member Posts: 13
    edited July 2015
    kyfdx said:

    Hey Michael,

    What's the MF for 2016 E350 rwd? and based on the MF and residual, can you give me rough estimates of what a payment would look like for a MSRP of $58k sale price of $48k, 24/12 and 24/15? Looking to only down drive off (less than $1000). I'm in N. CA.

    Thanks!

    .00080 MF and 65% residual for 24/15, 67% for 24/12.

    Adding the $795 acq.fee to the CAP cost, $532/mo. or $484/mo. + tax..

    That's a great payment, but do you think you can get $10K off on a new 2016?
    Thanks for the response! I believe so - they told me they would do 9-10k off depending on options. just quoted me $550/mo (CA tax included) with no money down. Sound like a good deal for 24/12?

  • kgausskgauss Member Posts: 1
    edited July 2015
    2016 E63S 24/12 NY Lease
    8% Sales Tax
    COP 95,458.50

    MF? Residual? Est Payment with Tax included Est Payment without Tax?
    Assume $795 Acquisition Fee.

    Thanks in advance, Greatly.
  • MichaellMichaell Moderator Posts: 251,831
    kgauss said:

    2016 E63S 24/12 NY Lease
    8% Sales Tax
    COP 95,458.50

    MF? Residual? Est Payment with Tax included Est Payment without Tax?
    Assume $795 Acquisition Fee.

    Thanks in advance, Greatly.

    Standard MF of between .00180 and .00220; 24/12 residual is 60%

    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

  • phantomcypherphantomcypher Member Posts: 22
    What happens if I one-pay the lease and then do the pull-ahead into another car (i.e 6 six payments). Does mercedes send me a check back for the balance since i didnt use it?
  • kyfdxkyfdx Moderator Posts: 253,146

    What happens if I one-pay the lease and then do the pull-ahead into another car (i.e 6 six payments). Does mercedes send me a check back for the balance since i didnt use it?

    Sorry.... no clue.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • revtekniquesrevtekniques Member Posts: 13
    kyfdx said:

    Hey Michael,

    What's the MF for 2016 E350 rwd? and based on the MF and residual, can you give me rough estimates of what a payment would look like for a MSRP of $58k sale price of $48k, 24/12 and 24/15? Looking to only down drive off (less than $1000). I'm in N. CA.

    Thanks!

    .00080 MF and 65% residual for 24/15, 67% for 24/12.

    Adding the $795 acq.fee to the CAP cost, $532/mo. or $484/mo. + tax..

    That's a great payment, but do you think you can get $10K off on a new 2016?
    Hey Michael - if the MSRP on this car was 54k and assuming purchase price of 45k with the same parameters. How much does that lower the monthly payment?

  • MichaellMichaell Moderator Posts: 251,831
    Hey Michael, What's the MF for 2016 E350 rwd? and based on the MF and residual, can you give me rough estimates of what a payment would look like for a MSRP of $58k sale price of $48k, 24/12 and 24/15? Looking to only down drive off (less than $1000). I'm in N. CA. Thanks!
    .00080 MF and 65% residual for 24/15, 67% for 24/12. Adding the $795 acq.fee to the CAP cost, $532/mo. or $484/mo. + tax.. That's a great payment, but do you think you can get $10K off on a new 2016?
    Hey Michael - if the MSRP on this car was 54k and assuming purchase price of 45k with the same parameters. How much does that lower the monthly payment?
    For a 24 month lease, every $1000 affects the payment about $42. 

    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

  • phantomcypherphantomcypher Member Posts: 22

    kyfdx said:

    Hey Michael,

    What's the MF for 2016 E350 rwd? and based on the MF and residual, can you give me rough estimates of what a payment would look like for a MSRP of $58k sale price of $48k, 24/12 and 24/15? Looking to only down drive off (less than $1000). I'm in N. CA.

    Thanks!

    .00080 MF and 65% residual for 24/15, 67% for 24/12.

    Adding the $795 acq.fee to the CAP cost, $532/mo. or $484/mo. + tax..

    That's a great payment, but do you think you can get $10K off on a new 2016?
    Hey Michael - if the MSRP on this car was 54k and assuming purchase price of 45k with the same parameters. How much does that lower the monthly payment?

    OTD if your car was selling for 45k with acq fee @ 67% residual 24/12k with .00080 MF it should be coming out to $456.44 with 9% CA sales tax.
  • revtekniquesrevtekniques Member Posts: 13
    perfect! thanks for checking!
  • phantomcypherphantomcypher Member Posts: 22
    edited July 2015
    What's the residual value for 24 months 10k miles E350 sedan?
  • kyfdxkyfdx Moderator Posts: 253,146

    What's the residual value for 24 months 10k miles E350 sedan?

    68%

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • phantomcypherphantomcypher Member Posts: 22
    I have two extremely competitive leases on the table. Both of them are one-pay and both dealers are in the same areas.

    I just need help choosing one over the other!

    Deal 1:

    MSRP $60,700

    Steel Gray Metallic
    Premium 1 Pkg
    KEYLESS-GO
    Lane Tracking Pkg

    One-pay $13,300 24m/12k
    No services included

    Deal 2:

    MSRP $61,155

    Steel Gray Metallic
    Premium 1 Pkg
    KEYLESS-GO
    Illuminated Star
    Wheel Locks
    Come Box
    Rear spoiler

    One-pay $13,600 24m/10k
    A & B services INCLUDED!

    Note the mileage difference between the leases...

    Would you go for Deal 1 or Deal 2?
  • kyfdxkyfdx Moderator Posts: 253,146

    I have two extremely competitive leases on the table. Both of them are one-pay and both dealers are in the same areas.

    I just need help choosing one over the other!

    Deal 1:

    MSRP $60,700

    Steel Gray Metallic
    Premium 1 Pkg
    KEYLESS-GO
    Lane Tracking Pkg

    One-pay $13,300 24m/12k
    No services included

    Deal 2:

    MSRP $61,155

    Steel Gray Metallic
    Premium 1 Pkg
    KEYLESS-GO
    Illuminated Star
    Wheel Locks
    Come Box
    Rear spoiler

    One-pay $13,600 24m/10k
    A & B services INCLUDED!

    Note the mileage difference between the leases...

    Would you go for Deal 1 or Deal 2?

    Deal 2, if you bump it up to 12K/yr, is going to add $1230 to your single payment. So, the deals are about $1500 apart. Given that, I'd go for deal 1... and ask them how much to add the service plan.

    Because, I'm not driving an E-Class with a rear spoiler.. ;)

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • phantomcypherphantomcypher Member Posts: 22
    edited July 2015
    kyfdx said:

    Deal 2, if you bump it up to 12K/yr, is going to add $1230 to your single payment. So, the deals are about $1500 apart. Given that, I'd go for deal 1... and ask them how much to add the service plan.

    Because, I'm not driving an E-Class with a rear spoiler.. ;)

    Thanks for the tip kyfdx!

    I ended up going with Deal 1 and having them add a heavily discounted prepaid maintenance plan based on market rate specials around LA.

    MSRP $60,700
    Acq fee $1095 (marked up) + $88.13 tax on acq
    Reg Fee $30
    Doc Fee $80
    Electronic Filing Fee $17.60
    Tax $1028
    Residual $41,238
    Selling Price $51,129
    One Pay total: $13,919
    Term 24m/12k mi

    Includes full prepaid maint A + B services
  • MichaellMichaell Moderator Posts: 251,831

    kyfdx said:

    Deal 2, if you bump it up to 12K/yr, is going to add $1230 to your single payment. So, the deals are about $1500 apart. Given that, I'd go for deal 1... and ask them how much to add the service plan.

    Because, I'm not driving an E-Class with a rear spoiler.. ;)

    Thanks for the tip kyfdx!

    I ended up going with Deal 1 and having them add a heavily discounted prepaid maintenance plan based on market rate specials around LA.

    MSRP $60,700
    Acq fee $1095 (marked up) + $88.13 tax on acq
    Reg Fee $30
    Doc Fee $80
    Electronic Filing Fee $17.60
    Tax $1028
    Residual $41,238
    Selling Price $51,129
    One Pay total: $13,919
    Term 24m/12k mi

    Includes full prepaid maint A + B services
    Congrats! Enjoy your new E-Class!

    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

  • datbenzboydatbenzboy Member Posts: 14
    hey guys....thank you guys again for everything you guys do!!!


    can you please post the august residual and mf for RWD and AWD 2016 E350 both with 12k miles. thank you!!!
  • MichaellMichaell Moderator Posts: 251,831

    hey guys....thank you guys again for everything you guys do!!!


    can you please post the august residual and mf for RWD and AWD 2016 E350 both with 12k miles. thank you!!!

    What lease term?

    RWD MF is .00080

    AWD MF is .00077

    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

  • cobalttuggercobalttugger Member Posts: 7
    edited August 2015
    Hello all. Checking to see if I can a quote on two different E coupes; E400 and E550. From what I understand, the RV is not as high of a % on the 550 so the lease payments are significantly higher?

    Louisiana - Taxed on payments only at a 9% rate in my area.

    36/10k

    E550
    MSRP $68800
    Selling $65800
    $$ Down $10k
    Acq Fee $795

    E400
    MSRP $66540
    Selling $63040
    $$ Down $10k
    Acq Fee $795

    Thanks!
    -Bret
  • MichaellMichaell Moderator Posts: 251,831

    Hello all. Checking to see if I can a quote on two different E coupes; E400 and E550. From what I understand, the RV is not as high of a % on the 550 so the lease payments are significantly higher?

    Louisiana - Taxed on payments only at a 9% rate in my area.

    36/10k

    E550
    MSRP $68800
    Selling $65800
    $$ Down $10k
    Acq Fee $795

    E400
    MSRP $66540
    Selling $63040
    $$ Down $10k
    Acq Fee $795

    Thanks!
    -Bret

    36/10 numbers
    E400C - 60% and .00109
    E550C - 56% and standard MF (.00180-.00220)

    We don't recommend making a down payment on a lease; if the car is stolen or totaled, you lose that money.

    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

  • cobalttuggercobalttugger Member Posts: 7
    Michaell said:



    36/10 numbers
    E400C - 60% and .00109
    E550C - 56% and standard MF (.00180-.00220)

    We don't recommend making a down payment on a lease; if the car is stolen or totaled, you lose that money.

    Thanks for the info!
  • 9times9times Member Posts: 7
    edited August 2015
    Looking for August MF and residual for a 2016 E350 Sport Wagon, 24/10k, 24/12k, 36/10k, and 36/12k. I'm in Maryland. Thank you in advance.
  • MichaellMichaell Moderator Posts: 251,831
    9times said:

    Looking for August MF and residual for a 2016 E350 Sport Wagon, 24/10k, 24/12k, 36/10k, and 36/12k. I'm in Maryland. Thank you in advance.

    Standard MF (.00180-.00220) and 67% for 24/12 and 61% for 36/12.

    Add 1% for 10K

    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

  • halblatthalblatt Member Posts: 21
    MF and Residual for 36/12 2016 E350 4MATIC Sedan and E400 Coupe Please? I assume it is better to lease a 2015, but are there any special programson the '15's? I am a USAA member. Thanks.
  • kyfdxkyfdx Moderator Posts: 253,146
    halblatt said:

    MF and Residual for 36/12 2016 E350 4MATIC Sedan and E400 Coupe Please? I assume it is better to lease a 2015, but are there any special programson the '15's? I am a USAA member. Thanks.

    E350: .00077 MF and 58% residual
    E400: .00111 MF and 59% residual

    There are 27 month specials on the E350 sedan for 2015, but nothing on the 2016 models

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • halblatthalblatt Member Posts: 21
    What are the 27 month specials?  Thanks again. 
  • kyfdxkyfdx Moderator Posts: 253,146
    halblatt said:

    What are the 27 month specials?  Thanks again. 

    .00033 MF and 64% residual for 27 mo, 12K/yr

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • halblatthalblatt Member Posts: 21
    Is there a similar special on the E400 Coupe?
  • MichaellMichaell Moderator Posts: 251,831
    halblatt said:

    Is there a similar special on the E400 Coupe?

    No, only the E350 sedan has the 27 month special.

    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

  • phantomcypherphantomcypher Member Posts: 22
    Has Edmunds or the moderators ever thought of just building table or Excel that has the month's MF, Residual, term & miles? I think it would simplify a ton of things and make the site the definitive source on the info.
  • blueherronblueherron Member Posts: 30
    edited August 2015
    Howdy,

    Would it be possible to get he following info for August:

    15k Residual and Money Factor for a 2015 & 2016 E400 4matic Sedan in 24 and 36 months, and and if there are any special leases like 27 month? I plan on leasing for 7,500 miles.

    For the 16 E350 4matic Sedan, is 56% 15k (60% for 7,500) miles and .00077 correct for 36 months? Could you confirm the 24 or 27 month Residual and MF as well? Looks like 69% 7,500 mi. and .00077 for 24 mo.

    Big Thanks!
  • MichaellMichaell Moderator Posts: 251,831

    Has Edmunds or the moderators ever thought of just building table or Excel that has the month's MF, Residual, term & miles? I think it would simplify a ton of things and make the site the definitive source on the info.

    Too many variables, and the information isn't public.

    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

  • MichaellMichaell Moderator Posts: 251,831

    Howdy,

    Would it be possible to get he following info for August:

    15k Residual and Money Factor for a 2015 & 2016 E400 4matic Sedan in 24 and 36 months, and and if there are any special leases like 27 month? I plan on leasing for 7,500 miles.

    For the 16 E350 4matic Sedan, is 56% 15k (60% for 7,500) miles and .00077 correct for 36 months? Could you confirm the 24 or 27 month Residual and MF as well? Looks like 69% 7,500 mi. and .00077 for 24 mo.

    Big Thanks!

    2015 E400:
    Standard MF (.00180-.00220) and 60% for 24/15 or 58% for 36/15.

    2016 E400:
    Standard MF (.00180-.00220) and 63% for 24/15 or 59% for 36/15

    2016 E350:
    .00077 MF and 65% for 24/15 and 56% for 36/15

    Add 4% for 7500 miles per year

    The only E-class with a 27 month program is the 2015 E350

    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

  • blueherronblueherron Member Posts: 30
    edited August 2015
    Thank you very much for your help!
  • flann2flann2 Member Posts: 3
    looking at a 2016 E350 Sport 4matic MSRP $65630 Sale price $58404 36month 10k mileage with aqu fee (795.00) and title and taxes (NJ) does $655.00 per month seem to be a reasonable fee?
  • MichaellMichaell Moderator Posts: 251,831
    flann2 said:

    looking at a 2016 E350 Sport 4matic MSRP $65630 Sale price $58404 36month 10k mileage with aqu fee (795.00) and title and taxes (NJ) does $655.00 per month seem to be a reasonable fee?

    .00077 and 59%. Using your MSRP and sale price, I get a payment of $621.52/mo. Are you paying the fees and taxes up front or rolling them into the lease?

    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

  • flann2flann2 Member Posts: 3
    Fees are to be paid up front, I believe the sales taxes are rolled into the lease.

    Is 0.00077 and 59% the current rates from MB financial?
  • MichaellMichaell Moderator Posts: 251,831
    flann2 said:

    Fees are to be paid up front, I believe the sales taxes are rolled into the lease.

    Is 0.00077 and 59% the current rates from MB financial?

    Yes, my numbers are from MBFS.

    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

  • dogtorstacidogtorstaci Member Posts: 6
    edited August 2015
    I'm looking for the MF and residual on a 2016 E400 convertible for 12K and 15k/yr. I'm in AZ if that is useful. Oh, 36mo lease. Thanks!
  • kyfdxkyfdx Moderator Posts: 253,146

    I'm looking for the MF and residual on a 2016 E400 convertible for 12K and 15k/yr. I'm in AZ if that is useful. Oh, 36mo lease. Thanks!

    .00104 MF and 59%/57% residual

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • map_dichmap_dich Member Posts: 4
    edited August 2015
    Hi. I'm looking to lease a 2016 E400 coupe RWD and got the following quote.  Im in Texas btw.

    MSRP 67475 
    Agreed price 60476
    Original Sales Tax was 3919.69 (but he said he used a VIN on a returned lease car and knocked it down to 2256.60. Is this legal?)
    Tax/Registration 57.75
    Title 33.00
    State inspection 23.75
    Documentation 125
    Road and Bridge?  11.50
    Final price 62,983.60
    36mo at 12000 miles

    $922 a month - $1500 due at signing, which includes 1st month payment and lease acquisition fee.

    What do you think?  Thanks.

    Edit:  I told him that if I used an MF of 0.00109, the payments are a little less than his quoted $922, but he says that my MF is way off. 




  • MichaellMichaell Moderator Posts: 251,831
    map_dich said:
    Hi. I'm looking to lease a 2016 E400 coupe RWD and got the following quote.  Im in Texas btw.

    MSRP 67475 
    Agreed price 60476
    Original Sales Tax was 3919.69 (but he said he used a VIN on a returned lease car and knocked it down to 2256.60. Is this legal?)
    Tax/Registration 57.75
    Title 33.00
    State inspection 23.75
    Documentation 125
    Road and Bridge?  11.50
    Final price 62,983.60
    36mo at 12000 miles

    $922 a month - $1500 due at signing, which includes 1st month payment and lease acquisition fee.

    What do you think?  Thanks.

    Edit:  I told him that if I used an MF of 0.00109, the payments are a little less than his quoted $922, but he says that my MF is way off. 




    The E400 uses the standard MF - between .00180 and .00220

    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

  • map_dichmap_dich Member Posts: 4
    Thanks, Michaell. So, using an MF 0.00180 and residual value 59% comes out about $924 a month.
  • MichaellMichaell Moderator Posts: 251,831
    map_dich said:

    Thanks, Michaell. So, using an MF 0.00180 and residual value 59% comes out about $924 a month.

    That's not what I get - using $67,475 as the MSRP and $62,984 as the net cap cost, I get about $829/mo before tax.

    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

  • artsavedmeartsavedme Member Posts: 7
    Got a great deal from MB Financial and a Southern California dealership this weekend!

    Currently I have a 2014 E350 - 10,000 mi / yr. lease with 5 months remaining on a 27 month term. I am at 27,000 miles and tracking to be 6000 miles over at .25/mile. MB offered full forgiveness of the remaining 5 months (MB loyalty program) and no excess mileage charge.

    New lease:
    2016 E400 Coupe.
    36.mo 10,000 mi./yr. lease.
    60% Residual
    MF .00109 (eq. 2.6160% APR)
    $60,215 MSRP
    $54,978 Cap Cost.

    $678 (including CA tax @9%)

    Total drive off of $1,159 (1st month payment and DMV costs)

    It's a great time to lease!!!
  • MichaellMichaell Moderator Posts: 251,831

    Got a great deal from MB Financial and a Southern California dealership this weekend!

    Currently I have a 2014 E350 - 10,000 mi / yr. lease with 5 months remaining on a 27 month term. I am at 27,000 miles and tracking to be 6000 miles over at .25/mile. MB offered full forgiveness of the remaining 5 months (MB loyalty program) and no excess mileage charge.

    New lease:
    2016 E400 Coupe.
    36.mo 10,000 mi./yr. lease.
    60% Residual
    MF .00109 (eq. 2.6160% APR)
    $60,215 MSRP
    $54,978 Cap Cost.

    $678 (including CA tax @9%)

    Total drive off of $1,159 (1st month payment and DMV costs)

    It's a great time to lease!!!

    Congratulations! Looks like an excellent deal. Enjoy your new MB!

    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

  • map_dichmap_dich Member Posts: 4
    Michaell said:

    map_dich said:

    Thanks, Michaell. So, using an MF 0.00180 and residual value 59% comes out about $924 a month.

    That's not what I get - using $67,475 as the MSRP and $62,984 as the net cap cost, I get about $829/mo before tax.
    Please correct me if I'm wrong, but in Texas, I believe we have to pay tax on the entire purchase amount rather than the depreciated amount. 6.25% x $62,984 = $3936.50 divided by 36mo = $109 in taxes/mo. The $924/mo that I came up also includes taxes. Does that sound right? Thanks.
Sign In or Register to comment.