2014 Mercedes-Benz E-Class Lease Questions

Michaell · May 2014

@av1011 said:
Hello All, I am wanting to lease a E250 Bluetec this month. I am looking for the MF and Residual Value for 36/42/48 month lease with 12k miles/yr. The price I have been offered is 10% off MSRP + $3000.00 (MB incentive). Looking for a car with MSRP of $62500.00. Thanks in advance for all the help. I am in FL.

Residual is 58%/53%/48% for 36/42/48 months.

Standard MF applies -- .00190 to .00220

rr4mywife · May 2014

HI Car_Man, Looking for MF and residual for 2015 E-550 Couple, 12K miles, 36-months. Thanks very much

Michaell · May 2014

@rr4mywife said:
HI Car_Man, Looking for MF and residual for 2015 E-550 Couple, 12K miles, 36-months. Thanks very much

Standard MF (.00190-.00220) and 55%

omaralt · May 2014

hey, whats the residual and MF (assuming still the .00136?) for the 14 E350 sedan for 15k/miles? thanks

Michaell · May 2014

@omaralt said:
hey, whats the residual and MF (assuming still the .00136?) for the 14 E350 sedan for 15k/miles? thanks

.00136 is the current MF; 36mo/15K miles per year residual is 57%

Add 2% for 12K and 3% for 10K

omaralt · May 2014

thanks, isn't the special on the 27 month lease? whats the residual on that please? thanks!

Michaell · May 2014

@omaralt said:
thanks, isn't the special on the 27 month lease? whats the residual on that please? thanks!

65% for 27mo/15K

omaralt · May 2014

thanks!

e325rkh · May 2014

Hello. Do you have the lease numbers (27 or 36 months 10k miles per year) for the E550 sedan?

Thanks again

Michaell · May 2014

@e325rkh said:
Hello. Do you have the lease numbers (27 or 36 months 10k miles per year) for the E550 sedan?

Thanks again

Standard money factors (.00190-.00220) and 56% for 36/10. 67% for 24 month; no 27 month numbers available this month.

e325rkh · May 2014

Thank you!

ghstudio · May 2014

Don't forget to use multiple security deposits if there isn't a special money factor....eg the e550

e325rkh · May 2014

@raj2014 said:
Hi Everyone,

Got following quote on 2014 E350 4Matic and wanted to know if its a good deal or should I push the dealer more....

With following packages:

P1

SPORT PACKAGE

LANE TRACKING PACKAGE

Sticker Price --> $61,910.00

Options added 2 yrs Service --> $729.00

Total Car Cost --> $62,639.00

Residual percentage --> 69%

Residual value --> $43,220.91

Negotiated Cost (Cap Cost) --> $53,181.67

Rolled in # 1 (Service) --> $1,029.00

Rolled in # 2 (Taxes) --> $1,335.29 (Long Island, NY)

Total --> $55,545.96

Months Lease --> 27

Depreciation over 27 months --> $12,325.05

Monthly depreciation payment --> $456.48

CC + Residual --> $98,766.87

Money factor --> 0.00120

Money factor payment --> $118.52

Lease payment --> $575.00

Drive Off : $1,819.79

1st month $575.00

DMV fee $60.00

Smog Fee $10.00

Tree Fee $12.50

Bank fee $990 * 8.625 % = 1,080.82

Doc Fee $60 * 8.625% = 81.47

I feel the dealer should be adding the $1029 of 2 yrs service with sticker price and $729 residual percentage to Negotiated Cost... please let me know if I am wrong here...

Thanks for all your help.

Hello. I am also shopping for an E class on Long Island - 27 months - 10K miles. Is the money factor/residual 0.00120/69% as stated above? Is that with autopay? Elsewhere it shows a money factor of 0.00138. I wanted to be sure - deciding between an E350 or an E550.

Thank you.

kyfdx · May 2014

@e325rkh said:

Hello. I am also shopping for an E class on Long Island - 27 months - 10K miles. Is the money factor/residual 0.00120/69% as stated above? Is that with autopay? Elsewhere it shows a money factor of 0.00138. I wanted to be sure - deciding between an E350 or an E550.

Thank you.

E350 AWD Sedan is .00130 (.00120 with autopay). Residual is 68% for 27mo, 10K/yr.

mbusa650 · May 2014

Hi. Does anyone have Residual / MF / Incentives on E63 for May? Also, I am new to MB, can you pls tell me if you can still order a 2014 or if you can only do 2015 now? If 2015, can you pls give me the lease #'s on both MY's? Thanks!

kyfdx · May 2014

@mbusa650 said:
Hi. Does anyone have Residual / MF / Incentives on E63 for May? Also, I am new to MB, can you pls tell me if you can still order a 2014 or if you can only do 2015 now? If 2015, can you pls give me the lease #'s on both MY's? Thanks!

Standard money factor and 57% residual for 36mo, 15K on 2014 E63.

The only 2015 model info we have is for the new S-Class

mbusa650 · May 2014

thanks. what is standard MF for top tier? I assume 12k adds 2%? thanks for the help. that's a great residual, I may go this way instead of the 650 I was about to buy

kyfdx · May 2014

@mbusa650 said:
thanks. what is standard MF for top tier? I assume 12k adds 2%? thanks for the help. that's a great residual, I may go this way instead of the 650 I was about to buy

Standard money factor is .00195-.00225 (or something close). Yes, add 2% for 12K/yr

raj2014 · May 2014

@e325rkh‌ :
Sorry for late response.
The dealer was giving me 69% because I was doing 7,500 miles a year and autopay.
My deal fell through because he could not explain why his maintenance numbers were off.

Still looking around...

e325rkh · May 2014

@raj2014 said:
e325rkh‌ :
Sorry for late response.
The dealer was giving me 69% because I was doing 7,500 miles a year and autopay.
My deal fell through because he could not explain why his maintenance numbers were off.

Still looking around...

No problem, thanks for sharing. My deal fell through also. Before we could finalize, someone walked in and bought the one I was going to buy. I've leased many cars and a few Mercedes. The problem I had when shopping for a Mercedes is that it is usually a battle between someone like me looking for a reasonable deal, vs. rich folks that aren't as concerned with the price stealing it from me This was on highly optioned ($70K MSRP) E350.

leasermann · May 2014

Can you please provide the MF and Residual for 2014 E63 AMG S-Model? Does MF include auto pay discount?

Looking for 36month 10k year.

kyfdx · May 2014

@leasermann said:
Can you please provide the MF and Residual for 2014 E63 AMG S-Model? Does MF include auto pay discount?

Looking for 36month 10k year.

Standard money factor and 56% residual.

The standard money factor is in the .00195-.00225 range.. Whatever it is, Auto Pay reduces it by .00010

bestbuy125 · May 2014

Could you please tell me the Residual and MF for E350 Sedan for 10K/12K 27 and 36 Months Please. The MSRP configured is $58,100. What are the current incentives that I could ask the dealer to reduce the price. What is a good ball park dollar price for a zero down and regular monthly payments. Can I do multiple security deposits on any money factor? What is autopay (Is it a regular Autopay setup by my bank to make monthly payments) will that bring down my money factor? Is the dealer truly making profit only on the money factor value or is there anything more too it. This is in Houston. If you could send me some numbers I can quote the same to the dealer. Any extra discounts for Memorial Day?

kyfdx · May 2014

@bestbuy125 said:
Could you please tell me the Residual and MF for E350 Sedan for 10K/12K 27 and 36 Months Please. The MSRP configured is $58,100. What are the current incentives that I could ask the dealer to reduce the price. What is a good ball park dollar price for a zero down and regular monthly payments. Can I do multiple security deposits on any money factor? What is autopay (Is it a regular Autopay setup by my bank to make monthly payments) will that bring down my money factor? Is the dealer truly making profit only on the money factor value or is there anything more too it. This is in Houston. If you could send me some numbers I can quote the same to the dealer. Any extra discounts for Memorial Day?

.00136 MF and 67% and 59% residual for 27mo, 12K/yr and 36mo, 12K/yr. Add 1% for 10K/yr

I've heard different stories about MSDs at Mercedes. Some say they've done it on subvented money factors and others said only on the standard MF. AutoPay is setup by Mercedes Finance to take payments out of any bank account you choose. If you sign up for it, it reduces the money factor by .00010

I'm not sure what you mean by the dealer's profit on the money factor. If they give you the base money factor, they get a minimum commission from the bank for writing the lease, just like if they provided financing for a loan. If they mark up the money factor, they can get a lot more. Of course, they profit on selling the car to the bank, as well.

bestbuy125 · May 2014

Are they any dealer or manufactures incentives this month that I could ask of? Since I am leasing in Texas can I ask for tax credit as I need to pay sales tax on the entire car. Unlike other brands MB dealers can charge higher MF then standard even for Tier 1 customers? Is 27 Month on a E350 as well.

gja14 · May 2014

Looking for some help! I am in NY and my MB lease from 2012 is coming up at the end of October. MB contacted me about their Lease Pull Ahead Program where they will take care of my remaining payments and get me into a new vehicle. I stopped by the dealership and am now looking at the E350 Sport 4MATIC (E350W4). MSRP is $62,405 (includes $925 destination & delivery). Sell price is $56,493. MF is .00160. Term is 27 months and 10K per year. They said if I put $4,000 down my payment would be $694/mo. Is this a good deal? Seems like a high monthly payment and a lot of money to put down. This was the first meeting I had there. What should I negotiate/ask for when I go back? Any feedback is appreciated!

Michaell · May 2014

@gja14 said:
Looking for some help! I am in NY and my MB lease from 2012 is coming up at the end of October. MB contacted me about their Lease Pull Ahead Program where they will take care of my remaining payments and get me into a new vehicle. I stopped by the dealership and am now looking at the E350 Sport 4MATIC (E350W4). MSRP is $62,405 (includes $925 destination & delivery). Sell price is $56,493. MF is .00160. Term is 27 months and 10K per year. They said if I put $4,000 down my payment would be $694/mo. Is this a good deal? Seems like a high monthly payment and a lot of money to put down. This was the first meeting I had there. What should I negotiate/ask for when I go back? Any feedback is appreciated!

The base MF is .00130 this month, so your dealer is marking that up on you.

I would recommend against putting any money down to reduce the cap cost - if the car is stolen or totaled, you are out that money. Instead, look into using that cash to make multiple security deposits to lower the MF.

You might be able to negotiate a lower selling price - folks here have been able to get quite a bit off MSRP. Check the E-class prices paid discussion.

gja14 · May 2014

Thanks Michaell!

TomOne2 · May 2014

Looking to lease a 2014 E550 Convertible for 36 months at 15K miles per year down here in central Florida. I'm getting quoted a MSRP of $76920, Sell Price of $72304, $5000 down, MF of .00210 and residual of $40761. MF seems a bit high and residual a bit low. What do you think I can bargain for. Thanks

Michaell · May 2014

@TomOne2 said:
Looking to lease a 2014 E550 Convertible for 36 months at 15K miles per year down here in central Florida. I'm getting quoted a MSRP of $76920, Sell Price of $72304, $5000 down, MF of .00210 and residual of $40761. MF seems a bit high and residual a bit low. What do you think I can bargain for. Thanks

The MF falls in the range of "standard" for MB and the residual is 53%. I suspect the limited availability of the 550 makes them less likely for dealers to negotiate.

bestbuy125 · May 2014

I was offered at $700 a month and 975 due at signing which includes first month payment. 12K miles for 27 months. MSRP 57,685 and selling price $52685. Is this a good deal for should I negotiate for more.This is in Texas.

ghstudio · May 2014

@bestbuy125 said:
I was offered at $700 a month and 975 due at signing which includes first month payment. 12K miles for 27 months. MSRP 57,685 and selling price $52685. Is this a good deal for should I negotiate for more.This is in Texas.

What model/engine? If this is an E350, the MSRP seems pretty low...what features does it have? Is maintenance included? I think you should be able to get that price down closer to $600. Give us the details (money factor, residual being used) and any other costs dealer is rolling into the deal.

bestbuy125 · May 2014

@ghstudio said:
What model/engine? If this is an E350, the MSRP seems pretty low...what features does it have? Is maintenance included? I think you should be able to get that price down closer to $600. Give us the details (money factor, residual being used) and any other costs dealer is rolling into the deal.

I choose E350 Sports Sedan $51,900 with Premium 1 Package $3870,Performance and Safety $1290, 2Years Maintenance $729, Transportation at $925. 0.00126 MF, 67 Residual. Inception cost is included at $1020 which he said was marked up to make some profit over standard offer. In Texas sales tax is at 6.5% of the total Vehicle Cost $52685. With Tax Credit got it down to 1.5%

TomOne2 · May 2014

If I were to switch to the E350 convertible, what would you expect the MF and residual percentage to drop to?

rivers911 · May 2014

I am a newbie when it comes to leasing and don't really know much about the MF or residual. I am looking to lease a e350 convertible MSRP $67,600 and was offered 4k down and $590/mo with 10k miles. Is that a good deal or should I bargain more? Any input would be greatly appreciated!

rivers911 · May 2014

sorry I should add that this is for 24mo and all tax and fees are included

kyfdx · May 2014

@TomOne2 said:
If I were to switch to the E350 convertible, what would you expect the MF and residual percentage to drop to?

.00118 MF and 56% residual. Probably $300/mo. less than the E550 vert, at least..

rivers911 · May 2014

I ended up negotiating it to 0 down and 710 per mo for 68k e350 convert- finally happy its done!

kyfdx · May 2014

Congrats on the new car! Now, get that top down!

dandj03 · May 2014

Looking for the money factor on a 2014 E350 with 10k a year at 27 months...in NY.

asudevilboy80 · May 2014

I'm new to Leasing so have been reading up on all the forums, I started trying to get quotes from dealers in my area (Chandler, AZ) but its been difficult...

I sent several dealers in my area an email (as described in several of the forums here) requesting bids, but I've been having a heck of a time getting them to give me offer. Several did not even respond, then ones that did say "bring me your best offer from another dealership and I'll beat it by $500"

I got the "beat it by $500" from 3 dealers so far, must be a magic number!

So far I've only gotten one of them to give me an "offer."

I asked for a quote and said my basic parameters are:
2014 E350 w/ P1 and Keyless GO
27 Months and 10k/year

All he wrote was:

"For a 58,000 car" <-yes, this what he wrote
$489 per month plus tax,
$4,000 total down only, after all fees,
On Approved Credit.

I then told him i did not want to put down $4,000 and he told me my payment would then be $649/month plus tax ($699)

We went back and forth several times via email, I asked for a quote on a specific car, kept asking for residual value, MSRP, MF, etc and he kept responding to me telling he already gave me a quote and to bring my best quote from another dealer and he'll beat it.

What should me next step be? How do I get quotes???
What items am I able to negotiate besides MSRP? Residual? MF?
I have a 710 credit score, what MF can I expect?
What are some tricks to get the pricing down?
How do I get them to add incentives
I currently own a 2007 E350 (that I plan on selling Private), it was not a Lease. Would this qualify me for any MB Incentive?

Any help on this would be fantastic!

kyfdx · May 2014

@dandj03 said:
Looking for the money factor on a 2014 E350 with 10k a year at 27 months...in NY.

.00136 MF and 68% residual for RWD. .00130 MF for AWD

kyfdx · May 2014

@asudevilboy80 said:
I'm new to Leasing so have been reading up on all the forums, I started trying to get quotes from dealers in my area (Chandler, AZ) but its been difficult...

I sent several dealers in my area an email (as described in several of the forums here) requesting bids, but I've been having a heck of a time getting them to give me offer. Several did not even respond, then ones that did say "bring me your best offer from another dealership and I'll beat it by $500"

I got the "beat it by $500" from 3 dealers so far, must be a magic number!

So far I've only gotten one of them to give me an "offer."

I asked for a quote and said my basic parameters are:
2014 E350 w/ P1 and Keyless GO
27 Months and 10k/year

All he wrote was:

"For a 58,000 car" <-yes, this what he wrote
$489 per month plus tax,
$4,000 total down only, after all fees,
On Approved Credit.

I then told him i did not want to put down $4,000 and he told me my payment would then be $649/month plus tax ($699)

We went back and forth several times via email, I asked for a quote on a specific car, kept asking for residual value, MSRP, MF, etc and he kept responding to me telling he already gave me a quote and to bring my best quote from another dealer and he'll beat it.

What should me next step be? How do I get quotes???

What items am I able to negotiate besides MSRP? Residual? MF?

I have a 710 credit score, what MF can I expect?

What are some tricks to get the pricing down?

How do I get them to add incentives

I currently own a 2007 E350 (that I plan on selling Private), it was not a Lease. Would this qualify me for any MB Incentive?

Any help on this would be fantastic!

.00136 MF and 68% residual for 27mo, 10K/yr.

I can't break it down for you, if he won't, but I can give you some insight on Mercedes advertised deals.

For a 2014 E350 with an MSRP of $56,700.

$579/mo.+tax with $4873 due at signing (1st payment, acq.fee, $3500 downpayment)

$713/mo.+tax with $1508 due at signing (1st payment, acq.fee, no downpayment)

$743/mo.+tax = Sign and Drive.. $0 due at signing.

All of those examples assume a dealer discount of about $2300 from MSRP. On the sign/drive, the dealer also has to contribute the 1st payment.

If you page back, you'll see that a lot of members are getting a better price than this.. In fact, your initial "quote" was better than the advertised deal. How do you get your dealer to operate the way you want him to? That's hard to say.. Sometimes, it takes a trip to the dealer with a spreadsheet on your laptop, and ask him to walk you through the whole deal. Then be prepared to make an offer that makes sense to you.. You know, checkbook in hand.

ghstudio · May 2014

asudevilboy80 Here's what I'd do....

For a $60K E350, I would tell the dealer I wanted mercedes scheduled maintenance included and I will pay the first month's payment plus any registration or legal fees required. All other fees are rolled into the lease...including origination fee, acquisition fee, dealer admin fee. Tell them the number they have to get to is $600 a month plus tax for a 27 month lease and you're ready to sign the deal today. If they say it can't be done, thank them, be friendly, tell them if they change their mind, give you a call and start to walk to the door. I don't know the current incentives...$600 may be a bit high.

I'm paying $590 a month on a $63000 e350 on a 12K 27 mo lease which includes 6.5% tax. Their first offer was close to $750 a month.

Michaell · May 2014

@dandj03 said:
Looking for the money factor on a 2014 E350 with 10k a year at 27 months...in NY.

.00136 and 68%

mikep20 · June 2014

Re: E350 4matic,36mo/20k year. Went to a NY dealership last night, crunched figures. MF & resid all correct per previous postings. With resid at 52%, dealer spreadsheet added another $3000 to cover the 15k extra miles @ .20. Isn't the resid at 52% already includes the additional miles? Seems like a double-dip. Also...there is a "cap fees" figure of approx $584, included as a line item. Seems to be a percentage of something. Not sure what this is for and how it's calculated. MSRP of vehicle was $61,040. Any info yet on June MF & incentives? Thanks
Thanks. -

Michaell · June 2014

@mikep20 said:
Re: E350 4matic,36mo/20k year. Went to a NY dealership last night, crunched figures. MF & resid all correct per previous postings. With resid at 52%, dealer spreadsheet added another $3000 to cover the 15k extra miles @ .20. Isn't the resid at 52% already includes the additional miles? Seems like a double-dip. Also...there is a "cap fees" figure of approx $584, included as a line item. Seems to be a percentage of something. Not sure what this is for and how it's calculated. MSRP of vehicle was $61,040. Any info yet on June MF & incentives? Thanks
Thanks. -

Residual values assume 15K miles per year ... you have to pay for extra miles up front, as the dealer set up for you. Actually, the dealer should have "subtracted" $3000 from the calculated residual value ($61,040 * .52) - 3000 should be your residual value upon which the payment is based.

We are hoping the June numbers will be available to us very soon.

mikep20 · June 2014

Ok, but isn't 36mo/15k resid @ 57% and adding/buying the extra 15k mile would make it 52%? Dealer did $61040x52=$31740 and then deducted the $3000. I think the extra 15k miles got hit twice...?? What about the $584 "cap fees". What is this and how is it calculated? Ok...will wait for June figures. Thanks

neorose · June 2014

Perhaps the E350S4 (station wagon) will have more favorable lease numbers in June. When the residual and money factor information is available, might you be able to post them. Thanks.

kyfdx · June 2014

@mikep20 said:
Re: E350 4matic,36mo/20k year. Went to a NY dealership last night, crunched figures. MF & resid all correct per previous postings. With resid at 52%, dealer spreadsheet added another $3000 to cover the 15k extra miles @ .20. Isn't the resid at 52% already includes the additional miles? Seems like a double-dip. Also...there is a "cap fees" figure of approx $584, included as a line item. Seems to be a percentage of something. Not sure what this is for and how it's calculated. MSRP of vehicle was $61,040. Any info yet on June MF & incentives? Thanks
Thanks. -

The residual for 36mo, 15K/yr is 57%, so they shouldn't be starting with 52%, then deducting for mileage.. CAP fees are probably title and registration.

.00130 MF and 57% for 36mo, 15K/yr.

2014 Mercedes-Benz E-Class Lease Questions

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