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Mercedes-Benz E-Class Lease Questions
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Comments
Enjoy your new ride :shades: !
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Let me know if you want me to provide you with the details of the extended E350 lease program now. Otherwise, please feel free to check back with me next week for info on its new January program.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Details on the current (now extended through Jan 11 per your earlier e-mail) E350 lease program would be much appreciated - esp. to the extent you know MF, Residuals (12K); & any dealers in TX that you think are most price competitive.
thanks,
white with black/tan interior mbtex
p2 package
wheel package
sport package
MSRP 59075
Selling Price 49500
Demo 2000 miles on it
.00259 money factor
58% residual
$607.98 per month.
As I was leaving I was introduced to manager and asked him if he would throw in the $795 maintenance program.. He said yes.
$1035 bank fee
plus tax and tags which equals approx $4000
this price includes $2000 off for E class owner loyalty and another $2000 off for fleet discount.
Im thinking of holding out till jan 12 to see if money factor is reduced and hopefully owner loyalty will still be available.
What do you think??
I think it will but do you think they will still offer the E class owner loyalty cash?
What are your thoughts. I have the deal on the table for 607.98 as stated above, but 6.2% interest is very high considering most leases are in the 2-4% range.
If the rate changes by 1% I would save about $30 per month.
What to do? Im leaning toward holding out and risking it.
http://www.leasecompare.com/auto_leasing_forum/viewtopic.php?f=18&t=3778
Most dealers are offering invoice but nothing less.
Please respond soon.
My lease expired, car is back I need a car. I still have the deal on the demo as stated above dealer holding car till monday when he is back from vacation. Deal is $607.98 no money down except for taxes first month, tags and bank fee. the sticker is $59059 selling $49500 with $2000 fleet discount and $2000 owner loyalty DEMO with 2000 miles.
Not sure of the white color. Can I get a Non Demo for under invoice before incentives?
Thanks
As far as down payment, you really are not make a down payment as much as you are making a pre-payment on the rent charge.
I personally would not put anything down and tell them to give me the MBF money factor. Payment for that is $749.07 per month for 36 months plus drive off of DMV and Bank fees. I would also look to knock a few hundred off the 50,381. Get it down another $500 and it saves you $30 a month.
Maybe I can get a better deal and not a white car if they will start under invoice.
Mercedes-Benz Financial's current buy rate lease money factor and residual value for a 36 month lease of a 2010 E350 Sedan with 12,000 miles per year are .00270 and 58%, respectively.
Good luck in your quest for a new car and let us know if you have any other questions.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Also I need to get 2 E350's one for me one for my mom. Last month my father leased an ml350 should he get owner loyalty for buying another? It will actually be leased in his name.
My understanding is you get owner loyalty if you are comming out of a mercedes lease and leasing another.
e350 4matic
Palladium silver with almond/black mb tex interior
p2
sport package
wheel package
prepaid maintenance
all season floor mats
$633/mo 39 months 12k per year
msrp $60,673 including mats and maintenance plan
got my mom
e350 4matic
white with almond/black mb tex interior DEMO 2000k miles
p2
sport package
wheel package
prepaid maintenance
all season floor mats
$645/mo 39 months 12k per year
msrp $59,953 including mats and maintenance plan
we paid taxes and tags up front. No other money down.
I received owner loyalty and fleet discounts
mom received only fleet discount
I think I did good
A good way to evaluate leases is to see how close the payment is to 1% of the msrp. Your fleet plans made that closer than most of us could get at this time. All in all seems like you did well above average since there is no support on the new E class. Hope to drive one next year -- sticking with the luxury pack -- like a softer ride that the sport suspension seems to have. Enjoy your mb's.
$8 x 39 mos = $312 for 3 maintenance services. I figured I could'nt beat that so I took it.
Drive the no cost sport option before you buy or lease. the ride is not that stiff. I love it. Also the no cost sport option gives you the nice trapezoid exaust pipes integrated into the rear bumper. Look at the difference.
Good luck
Thanks!
residual 58%
39 month lease
12k miles per year
MSRP $59795
Invoice $55672
starte at invoice $55672 less $2000 owner loyalty less $2000 fleet discount = 51672
We agreed on $50400 after all discounts and negotiations. $623 per month.
I paid tax tags first month payment and bank fee upfront. If you want dealer and salesman info give me your emal address. Dealer is in westchester NY. For $8 amonth more I got them to throw in the maintenance package (10 20 and 30k mile services.
Hope this helps
Are they giving fleet discounts to anyone? I'm looking at the E550 coupe at an MSRP of $61,875 and would be happy to pay somewhere in the upper 600s per month. I am not going to qualify for owner loyalty since this would be my first MB.
Thanks!
Thanks for the information. Very helpful. I wasn't able to get quite as good a deal. I leased today locally from RAB in San Rafael, CA. $58,775 MSRP, $55,324 invoice, $53,200 cap cost, 10,000 miles per year, 39 month lease, $1,500 drive off, $704 per month including the 10, 20, 30k maintenance thrown in. One of the things added to the cap cost was a $1,095 lease origination fee that Mercedes Financial charges. But I was able to residualize this (included it in the cap cost rather than drive off) which means I'm only paying part of it during the term of the lease. I did get the $2,000 customer loyalty off the invoice. But with the $1,095 lease origination fee and the $1,069 maintenance fee (for 10/20/30k maintenance) added back to the cap cost - I basically bought the car for $1,500 under invoice. One nice thing is the dealer did waive about $1,800 of repairs for an engine leak and exhaust problem on my lease return (which was out of warranty because I extended the lease). So think before extending your lease! The dealer also paid $850 to have the car trucked from another dealer out of state. Seems there are not many 4Matics on the West Coast. Go figure. Snow time. Oh and one last bit, I bought a roof rack and some of those heavy winter mats for the trunk and passenger areas. Got them at dealer cost from the parts department (saved about 40%).
Hope this is helpful for folks on the forum.
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Also for those leasing at 39 months, doesn't it mean that you have to pay a full year's worth of DMV fees on the fourth year (37th month), but you have to return the vehicle after three months in the fourth year. DMV fees are $700+ for this vehicle so you're out a chunk of that. I don't think DMV refunds the difference, but correct me if I am wrong.
Here is what I was quoted.
2010 E350 Sport
MSRP $49,475
invoice $46,673
price $44,573
MF: .00280 (is this right?)
Residual: 58%
39 mo. 12K/yr.
$1,500 drive off which includes 1st month's payment and DMV fee.
$640 monthly payment before tax
Unfortunately I do not qualify for loyalty or fleet discount. But the numbers still seem high. Please help.
Thanks.
I'm in Orange County, CA and I'm looking to lease an E350 with the following options:
Parktronic
Premium Package 1
Driver Assistance Package
Panorama Roof
Multicontour Seats
Rear Airbags (why is this even an option on this car :confuse: )
MSRP: $59,405
Invoice: $55,308
On a side note, it is very difficult to find a car with Driver Assistance Package...as we get closer to the middle of the year, will MB Start allocating more vehicles equipped with Driver Assistance Package as this is a newer package?
Thanks
$3500 drive off
15K miles/year
Okay leasing 24-39 months (whichever is ideal).
Thanks!