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: 256,397
    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.

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  • 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: 256,397
    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.

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