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Mercedes-Benz E-Class Lease Questions
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Just came back from NY merc dealer, with a quote of 525/mo for a 2011 E350, with P1 and Sport Wheel Packagewith 2900 out of pocket. my previous lease is up in march and am 16,000 under in mileage, it seems as if they are getting the better deal. Help! Thanks
E350 Sport 49,400
Dia White 1,515
P01 Pkg 4,000
Wheel Pkg 760
Dest.&Delv 875
TOTAL MSRP 56,550
THE DEAL: 24Month/12KMilesPer Year - $1,740 Down (includes 1st Month and Inceptions)
$693 per month (taxes included)....It seems better to do this than to lay out the cash for financing to get this payment...?
Please explain the money factor? And how is there a percentage for residual valule?
Thanks very much...
Im currently looking at a E350 wP2 all costs rolled in and 24 month lease at $750.00 drive off.
When you lease or rent a car, its the smartest imho to pay 0 outta pocket and put the rest into the monthly payment.
P1 and appearance
MSRP 56205.00
Selling price 51105.00
36 months
60% residual
0.00240 Money factor
$ 734 a month
10 k a year
1865 cash due at signing
Does this deal sound ok? can i get a lower payment?
Thank you.
691.50 per month, 24mo/12k miles 72% and .00240 MSRP $56550 net was 50997...plus they took back my '08 E350 with 4 pymnts to go @ 741.00 per month (end of a 39 month lease) gotta beat em up.
You should put the amounts into a lease calculator and confirm the payments. It's all based on the amount you ultimately put into the cap cost. in my case, I'm paying everything up front EXCEPT the price of car so it's easy to figure. If he used the right rate and month and didn't screw with extra fees he didn't tell you about, there isn't any way to lower the payments except paying down the cap cost.
i am trying to reduce the price more and they say thats the best they can do.
they are taking my clk350 convertible with 1 payment left of 641(39 month lease)
i got the deal by phone and email, i am going down there today to try lowering the payment.
Car_man
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Could someone please post February money factor and residual for E350 4matic sedan, 24 months and 12k per year? Are there any manufacturer incentives on this car in February?
Thank you.
Could you give any guidance on the February money factor and residual value for a 36 month lease on a 2011 E550 4Matic 15,000 miles per year?
Many thanks.
MSRP $55,485
Selling price $47,830 additional $619 for maintenance plan
Residual buy out $40,380.48
$10000 out of pocket
-9650 negative equity on trade
state tax rate of 7% on each payment included in $728.
$728 per month includes tax
24 month term
12,000 Miles
money factor quoted was .00270
Car_man
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Mercedes is providing $2,000 owner loyalty cash on this car in February and it gave dealers a certain number of $1,500 certificates that they can give to current owners of competitive products.
Of course, these programs are scheduled to end today. Mercedes will likely introduce its new March programs some time tomorrow. Please feel free to check back with me for an update.
Car_man
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Mercedes is scheduled to introduce a new lease program some time tomorrow. Please feel free to check back with me for an update.
Car_man
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Mercedes is providing $2,000 owner loyalty cash on this car in February and it gave dealers a certain number of $1,500 certificates that they can give to current owners of competitive products.
Of course, these programs are scheduled to end today. Mercedes will likely introduce its new March programs some time tomorrow. Please feel free to check back with me for an update.
Car_man
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This is very helpful, thank you. If you could post the revised data once the March figures are in, that would be great. Many thanks!
Rlvin
24 month, 0 outta pocket, sign and with 1st month rolled in at $638.00.
MSrp was 56875, sale price with the $2k incentive was 51k and change.
This payment is almost $5 less than old 2009 E350. this car is so much nicer too.
Specifically: 2011 E350 Coupe, 36 months, 10k miles and 2011 E350 Bluetec 24 months, 10k miles?
Are there any addittional incentives?
Thanks !!!
I believe that Mercedes' March buy rate lease money factor and residual value for a 36 month lease of a 2011 E550 4Matic with 15,000 miles per year are .00240 and 54%, respectively for consumers who qualify for its Tier 1 credit tier.
Car_man
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The residual value for a 24 month lease of a 2011 E350 Bluetec with 10k miles is 78%.
The March money factor for the Coupe is .00161 for consumers who qualify for its top credit tier.
I don't believe that Mercedes is providing any support on leases of the E350 Bluetec. I haven't seen MB Finance's standard money factors yet this money, but it's probably around .00240 for consumers who qualify for its top credit tier.
Other than loyalty cash, Mercedes is not currently providing any cash incentives on the "E."
Car_man
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Do u think this is a good money factor and deal for 2011 coupe?
Payments are about 580 on 24 months and around 600 on 36 month..10,000 miles..
2 grand drive off..
Thanks
Car_man
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I am new to leasing and thinking about getting the 2011 E350 sport P1 with selling price at $51,000. What should be a good leasing payment for 36 to 48 month lease. Please help tks.
Car_man
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Are there any option package credits available on the E-class this month?
Thanks
Do you know if the $1,500 certificates are still around? In which cases would they apply? Many thanks,
RL
Car_man
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Car_man
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Could you please post money factor and any new incentives for E350 4matic?
Thanks This is a great forum.
36 month residual = 59%
Money factor = .0024 ( = 5.76% equivalent interest rate ).
This seems very high, given prime rate is 3.75% now, but that may be how MB is making their profit. Also, MB has ads offering leases with a 1.9% interest rate (= .00079 MF )
Can anyone confirm April money factors on 32, 36, 39, 42, or 48 month leases?
What are the "sweet spot" lease-lengths where the MF may be lower?
Car_man
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Car_man
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I am new here, actually I'm new to Benz!
I am going to lease a E350 Sedan with premium package 1 and some more options.
The MSRP is 54,715 and they offered it for $51,000. and there is $1,129 fees which I guess includes registration and dealer fee.
First I wanted to know if it is a good price to start.
I am trading in a car for $7,600.
What they offered as far as lease is as follows:
33m/15k 689.97 (the residual is 63%)
33m/15k 745.65
39m/15k 736.97
33m/20k 771.46
33m/20k 819.24
39m/20k 803.90
Based on what the dealer said the money factor is 0.0036 which I think is too much.
I tried to look up April's money factors and residuals and any incentive they might have, but as I said I am new and couldn't find them.
I would really appreciate if you guys could advise me on both the cap price and also lese term, and if you could tell me the april's numbers. I know that they currently have a special on E350 lease but couldn't figure out the numbers based on them.
I am going to get the car tomorrow, so any help would be great.
Thanks.
Neema
The manager seemed to make clear they can do better, which means, they can do better.
Any thoughts? Thank you in advance?
Car_man
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Car_man
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