What should I expect to pay for a 69000 e300 2017 lease?

bharatybharaty Member Posts: 3
edited July 2016 in Mercedes-Benz
hI MY dealers here in cincinnati are quoting me $27000 for 24 months for upfront lease payments. Pretty much thats coming out 1125/month for a 69000 msrp car with p3 package. Yikes..that seems totally ridiculous.

What is a more down to earth lease rate per month should be?

Answers

  • kyfdxkyfdx Moderator Posts: 267,200
    bharaty said:

    hI MY dealers here in cincinnati are quoting me $27000 for 24 months for upfront lease payments. Pretty much thats coming out 1125/month for a 69000 msrp car with p3 package. Yikes..that seems totally ridiculous.

    What is a more down to earth lease rate per month should be?

    Is it AWD? How many miles/year?

    The 36 month residuals are just 6% lower, and would knock a lot off of the payment.

    But, we can't calculate a payment without the MSRP and selling price. The details are important.

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

    Edmunds Moderator

  • bharatybharaty Member Posts: 3
    it is for 12000miles for 24months, one pay lease at 27000 for entire lease term. msrp is 69000 with 1800 discount so final price is 67200. I have a 2014 e350 that I leased for 27 months with one pay lease i paid total of 15000 for the entire lease term.
  • bharatybharaty Member Posts: 3
    so whats confusing me is why this ridiculous hight amount for the 2017 e300?
  • kyfdxkyfdx Moderator Posts: 267,200
    bharaty said:

    so whats confusing me is why this ridiculous hight amount for the 2017 e300?

    When you leased your 2014 model, it was late in the model year, and they had a 27 month special lease. Now, it's early in the model year, and there are no short term lease specials.

    Generally, short term leases are not a cost efficient way to lease a car. You got lucky on timing the last time, and now there are no incentives on the same vehicle.

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

    Edmunds Moderator

Sign In or Register to comment.

Your Privacy

By accessing this website, you acknowledge that Edmunds and its third party business partners may use cookies, pixels, and similar technologies to collect information about you and your interactions with the website as described in our Privacy Statement, and you agree that your use of the website is subject to our Visitor Agreement.