Lease numbers for the 2020 MB E350

rravinrravin Member Posts: 37
edited July 2020 in Mercedes-Benz
Hi, I'm in Los Angeles and wonder what the RV, MF (tier 1 credit) would be on a fully loaded E350 for 36mo and 12k miles/yr. Also, any incentives that could apply. Is 36mo the sweet spot for leasing this vehicle? Can monthly checks be paid in advance to lower the MF? Do other trim options have a better MF then fully loaded? Do you know what the dealer cost is on this vehicle, the acquisition fee, destination fee are? Finally, what is a reasonable price to pay for this vehicle in the Los Angeles area? Thanks for your help!

Comments

  • MichaellMichaell ColoradoModerator Posts: 206,288
    rravin said:

    Hi, I'm in Los Angeles and wonder what the RV, MF (tier 1 credit) would be on a fully loaded E350 for 36mo and 12k miles/yr. Also, any incentives that could apply. Is 36mo the sweet spot for leasing this vehicle? Can monthly checks be paid in advance to lower the MF? Do other trim options have a better MF then fully loaded? Do you know what the dealer cost is on this vehicle, the acquisition fee, destination fee are? Finally, what is a reasonable price to pay for this vehicle in the Los Angeles area? Thanks for your help!

    RWD or AWD?

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  • rravinrravin Member Posts: 37
    RWD......Sorry, forgot to include in previous post.
  • kyfdxkyfdx Moderator Posts: 207,889
    rravin said:

    RWD......Sorry, forgot to include in previous post.

    .00113 MF and 56% residual
    $1500 incentive

    36 months seems to be the best term

    Acquisition fee is $795
    Destination is part of the MSRP.

    Invoice and pricing tools are here:
    https://www.edmunds.com/new-cars/

    Single-pay lease reduces the MF by .00080

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  • rravinrravin Member Posts: 37
    Thanks so much!!! Can you clarify if the "single -pay lease" MF is .00080 or reduces the .00113 by .00080. Also, can you explain how the "single - pay lease works?
  • MichaellMichaell ColoradoModerator Posts: 206,288
    rravin said:

    Thanks so much!!! Can you clarify if the "single -pay lease" MF is .00080 or reduces the .00113 by .00080. Also, can you explain how the "single - pay lease works?

    Reduces the MF by .00080 - .00033 net MF.

    Payment is calculated as normal, with the reduced MF, then multiplied by the lease term. The entire amount is paid and placed into an escrow account, and the monthly payment is made from it, as normal.

    If something happens to the car during the lease, the balance of the escrow agreement would be refunded to you.

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  • rravinrravin Member Posts: 37
    Thank you for the clarification :)
  • MarthaNeilsonMarthaNeilson Member Posts: 1
    Payment is usually made with a lower MF, then multiplied by the lease term. The full amount will be credited to the escrow account and monthly payments will be made as usual. If something happens to the car during the lease, the balance of the escrow agreement will be restored.
  • rravinrravin Member Posts: 37
    Can you please provide the RV, MF acquistion fee for the 2020 MB E350 AWD. zip code 90266(los angeles).
    Thank you!
  • rravinrravin Member Posts: 37
    Sorry forgot to add important info in the above post. 3/12k, 3/10k.
  • MichaellMichaell ColoradoModerator Posts: 206,288
    rravin said:

    Can you please provide the RV, MF acquistion fee for the 2020 MB E350 AWD. zip code 90266(los angeles).
    Thank you!

    rravin said:

    Sorry forgot to add important info in the above post. 3/12k, 3/10k.

    36/12
    .00084 and 55%
    $1500 dealer cash
    $795 acquisition fee (often marked by the dealer to $1095)

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