Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Have you recently purchased a new minivan? A reporter would like to talk to you; please reach out to [email protected] by July 2 for more details.
Did you get a great deal? Let us know in the Values & Prices Paid section!
Meet your fellow owners in our Owners Clubs

E-300 Lease

nirlaxmdnirlaxmd Posts: 1
edited June 2017 in Mercedes-Benz
I am looking to Lease a 2017 E-300 in Los Angeles California with details as under:

E300W, Premier 1 Package, Color Metallic, 36 Months, zero Down, 10000 Miles. $1200 drive off, (1200 Drive off which covers First Month, Registration and Title)

I have been offered this at $560 inclusive of Taxes. MSRP on vehicle $57,020 + $925 Destination = $57,945

Is this lease amount correct? I am told I would have to sign up for Auto Pay and that the money factor is 0.00125 and residual 61%.

Please advise

Comments

  • kyfdxkyfdx Posts: 120,532
    nirlaxmd said:

    I am looking to Lease a 2017 E-300 in Los Angeles California with details as under:

    E300W, Premier 1 Package, Color Metallic, 36 Months, zero Down, 10000 Miles. $1200 drive off, (1200 Drive off which covers First Month, Registration and Title)

    I have been offered this at $560 inclusive of Taxes. MSRP on vehicle $57,020 + $925 Destination = $57,945

    Is this lease amount correct? I am told I would have to sign up for Auto Pay and that the money factor is 0.00125 and residual 61%.

    Please advise

    .00117 MF and 60% residual.
    Autopay would reduce that to .00107.

    I'd question their numbers (or, the mileage allowance) and residuals can't be altered.

    The lease payment/upfront money looks very good.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

Sign In or Register to comment.