2014 Mercedes-Benz E-Class Lease Questions

Michaell · July 2014

@corpsvete said:
My current lease for a 2012 E350 matures in 6 months. My dealer sent a letter offering $3,500 as a Summer Event Bonus and $1,750 as a Preferred Customer Bonus. Can these be added to my USAA discount?
Many thanks.

I don't know; check the terms and conditions of your USAA discount to see if other offers can be combined.

rbradleysd · July 2014

@ghstudio said:
A little confusing...but a much better and safer way to use that down payment money.

Ok If I put the minimum down (1000) what kind of payment would I be looking at? 24 months, 20k a year

toptube · July 2014

Hello, what is the July MF and residual for 36/15k E250 4matic with autopay in NJ?

Michaell · July 2014

@toptube said:
Hello, what is the July MF and residual for 36/15k E250 4matic with autopay in NJ?

Standard MF (.00195-.00225) and and 56%.

Autopay discounts the MF by .0001.

rbradleysd · July 2014

What is the MF and residual for a E250 Bluetech in CA 24/20k?

kyfdx · July 2014

@rbradleysd said:
What is the MF and residual for a E250 Bluetech in CA 24/20k?

Standard money factor and 69% residual for 24mo, 10K/yr.

rr4mywife · July 2014

Hi Car_Man. Can you please provide the residual and money factor for a 2014 E550 Coupe. 3y/10K and and 3y/12K would be appreciated. Thanks!

Michaell · July 2014

@rr4mywife said:
Hi Car_Man. Can you please provide the residual and money factor for a 2014 E550 Coupe. 3y/10K and and 3y/12K would be appreciated. Thanks!

Standard MF (.00195-.00225) and 54% for 36/12. Add 1% for 10K

rr4mywife · July 2014

Thanks for the quick response

chuckward · July 2014

@chuckward said: I want to lease a 2014 Mercedes benz E350 sedan 4matic. With all of the equipment, including $925.00 delivery charge, the MSRP is $61,505.00. So far I've had two quotes: 27 mo. lease 12K miles/yr. monthly pmt. $608.00 $2,000.00 down which includes 1st mo. pmt. Residual Value 67% Money factor 0.00130. Quote from another dealer: MSPP $61505.00 27 mo. $610.33/mo $2118.13 Down includes 1st mo pmt. RV 67% MF 0.00150

I have not yet pushed on the negotiating end. Seems to me the the Money Factor is high. I haven't done this in a while so any help you can give me will be greatly appreciated. Also, are the MB maintenance programs worth it? Thank you.

Michaell · July 2014

@chuckward said:
chuckward said: I want to lease a 2014 Mercedes benz E350 sedan 4matic. With all of the equipment, including $925.00 delivery charge, the MSRP is $61,505.00. So far I've had two quotes: 27 mo. lease 12K miles/yr. monthly pmt. $608.00 $2,000.00 down which includes 1st mo. pmt. Residual Value 67% Money factor 0.00130. Quote from another dealer: MSPP $61505.00 27 mo. $610.33/mo $2118.13 Down includes 1st mo pmt. RV 67% MF 0.00150

I have not yet pushed on the negotiating end. Seems to me the the Money Factor is high. I haven't done this in a while so any help you can give me will be greatly appreciated. Also, are the MB maintenance programs worth it? Thank you.

Base MF is .00130, so the second dealer has inflated the MF for a bit of extra profit. What are the selling prices of the two deals? Folks have been getting quite a bit off sticker lately.

I've not owned an MB, so cannot comment on the value of the maintenance program.

kyfdx · July 2014

If you can get the maintenance program residualized, then it's a steal...

chuckward · July 2014

Could you please explain what you mean by having the maintenance program residualized? The LEV is 67% or $41,208.35. Do you think that MB's leasing program on the E350 will extend into August? Thank you.

Michaell · July 2014

@chuckward said:
Could you please explain what you mean by having the maintenance program residualized?

The LEV is 67% or $41,208.35. Do you think that MB's leasing program on the E350 will extend into August? Thank you.

What that means is that you only pay part of the cost of the maintenance program, rather than the full cost.

Let's say the maintenance program is $1000 ... if you pay it all up front, it costs you $1000. If you add it into the lease payment, then you only pay the 33% of the $1000 (assuming 67% residual), spread out over the length of the lease.

kyfdx · July 2014

@chuckward said:
Could you please explain what you mean by having the maintenance program residualized? The LEV is 67% or $41,208.35. Do you think that MB's leasing program on the E350 will extend into August? Thank you.

Some members have been able to have the maintenance plan added to the MSRP, for the purpose of figuring the residual amount. That makes it cheap, even if you pay full price for the plan.

rr4mywife · July 2014

Hi Car_Man. You gave me the MF and residual for a MB E Coupe 550 36/12K. Thx. Could you also provide the following:

E350 Coupe 4-matic, MF for 27 and 36 months, 12K miles
E550 Coupe, 27 month, 12K miles
From what I'm reading on this forum, 27 months sounds an overall better deal.
Thanks again

kyfdx · July 2014

@rr4mywife said:
Hi Car_Man. You gave me the MF and residual for a MB E Coupe 550 36/12K. Thx. Could you also provide the following:

E350 Coupe 4-matic, MF for 27 and 36 months, 12K miles

E550 Coupe, 27 month, 12K miles
From what I'm reading on this forum, 27 months sounds an overall better deal.
Thanks again

There are no 27-month deals on the coupes, only the sedans...

36mo, 12K on the E350 Coupe is .00128 MF and 58% residual.

rr4mywife · July 2014

Thanks Car_man. For 2015, looks like MB will do away with the E350 and introduce an E400, with a new v6 twin turbo, gasoline powered, with output increasing to 328HP. Major increase in torque too. The E550 will still be offered in the coupe and convertible, but not the sedan.

toptube · July 2014

Why are the MFs differrent for E350 and E250? Are the Aquisition fees the same nationwide or does it vary?

kyfdx · July 2014

@toptube said:
Why are the MFs differrent for E350 and E250? Are the Aquisition fees the same nationwide or does it vary?

The E350 is the bread and butter for Mercedes... they need to move a lot of them, and they incentivize the money factor to do just that. Diesel owners tend to be more likely to pick the car they want, and with the lower volume, Mercedes likely believes they can sell as many as they want with that money factor.. (either that, or they are using a dart-board).

The base Mercedes Finance acquisition fee is $795, nationwide. Dealers are permitted to mark up the fee for extra profit. (maximum is $300 markup for total of $1095)

toptube · July 2014

That explains why the dealer is quoting me $1095 acquisition fee.

stockguy39 · July 2014

Hi guys just did this deal on my Mercedes E350 2014. 27 month lease with 7500 miles a year and the maintenance program included in the monthly payment. 26 payments of $387. Base payment is $358.
2015. MSRP was $59,000. Due at signing was $6050 In that amount was $387 first month, $3864 Cap Cost Reduction, $895 Acquisition fee, $387 sales tax, $101 Regitration titling fee, $324 license fees, $80 document process fee, $18 electronic filing fee, CA tire fees $8.
The residual amount is $41,050. Gross Cap Cost is 51346 and adjusted cap cost is 47482.

Few facts: I have tier 2 credit, I have no vehicle turn in fee or disposition fee, and the reason the down payment is so high is that family paid that and wanted to just pay it now to lower the payment. any advice would be appreciated. I chose 7500 miles cause I dont drive but 2 miles round trip to work.

Michaell · July 2014

@stockguy39 said:
Hi guys just did this deal on my Mercedes E350 2014. 27 month lease with 7500 miles a year and the maintenance program included in the monthly payment. 26 payments of $387. Base payment is $358.
2015. MSRP was $59,000. Due at signing was $6050 In that amount was $387 first month, $3864 Cap Cost Reduction, $895 Acquisition fee, $387 sales tax, $101 Regitration titling fee, $324 license fees, $80 document process fee, $18 electronic filing fee, CA tire fees $8.
The residual amount is $41,050. Gross Cap Cost is 51346 and adjusted cap cost is 47482.

Few facts: I have tier 2 credit, I have no vehicle turn in fee or disposition fee, and the reason the down payment is so high is that family paid that and wanted to just pay it now to lower the payment. any advice would be appreciated. I chose 7500 miles cause I dont drive but 2 miles round trip to work.

We generally recommend against making a down payment on a lease. You did get a pretty large discount from sticker, so that's a positive.

Getting a low number of miles helped, as that kept the residual pretty high.

stockguy39 · July 2014

@Michaell said:
Getting a low number of miles helped, as that kept the residual pretty high.

Yes, I personally would not have done that because of the forum, but my family member was insisting on it so I couldn't say no. Another thing I forgot to mention was they paid off my prior lease final payment and disposition fee which was about $700 combined.

p63 · July 2014

Given the end of the month approaching, are any of you confident that the deals going on right now will extend into August or beyond? It seems like many of you are getting great numbers during this "summer event". What happens in the late summer/fall?

Also, it seems some are getting better than the advertised deal--some significantly so. How are you swinging that? In my experience, I've seen some movement from the national deals, but rarely a significant one.
Thanks.

Michaell · July 2014

@p63 said:
Given the end of the month approaching, are any of you confident that the deals going on right now will extend into August or beyond? It seems like many of you are getting great numbers during this "summer event". What happens in the late summer/fall?

Also, it seems some are getting better than the advertised deal--some significantly so. How are you swinging that? In my experience, I've seen some movement from the national deals, but rarely a significant one.
Thanks.

Hard to predict with any accuracy what will happen to the lease numbers in the next month or two or three.

I can tell you that as the 2014's are cleared out, finding one in your color or with the options you want will be more difficult - and the ability to negotiate great deals may wane as well.

Davo818 · August 2014

Hello Michaell & kyfdx, do you know what is the residual and money factor for a E350 Coupe with 7500 Miles per year is for 24 months, 27 months, 30 months, & 36 Months lease? Also, is there any rebates/incentives from Mercedes-Benz? Thanks in advance.

kyfdx · August 2014

@Davo818 said:
Hello Michaell & kyfdx, do you know what is the residual and money factor for a E350 Coupe with 7500 Miles per year is for 24 months, 27 months, 30 months, & 36 Months lease? Also, is there any rebates/incentives from Mercedes-Benz? Thanks in advance.

.00128 MF for all terms

24mo: 68% residual

30mo: 62% residual

36mo: 60% residual

We don't have any incentive information. You can check Edmunds' information by using the Car Research tab at the top of the page.

mercury16 · August 2014

Hello. Do you know what the residual and money factor for a E350 wagon
with 10,000 Miles per year is for a 24 month and a 36 Months lease? Thanks!

kyfdx · August 2014

@mercury16 said:
Hello. Do you know what the residual and money factor for a E350 wagon
with 10,000 Miles per year is for a 24 month and a 36 Months lease? Thanks!

Standard money factor and 69%/62% residual.

kenyancowboy · August 2014

Hello I would like to thank all of you for helping me negotiate my deal. I always read these forums to give me an idea of what I have to ask for....

I just picked up a 2014 E350 sport sedan MSRP 59275
Polar white/blk mb tex
18inch 5 spoke
rear spoiler
P1 package
Lighting package
Sport package

Gross cap 51230
Cap Cost 221.66
Adjusted Cap Cost 53861
Mo 651
add tax 58

27mo lease with 27K miles total. 1500 down incl first mo payment
Monthly total incl tax is 709.90

They did roll me into a new lease 6months early . I was way over my miles. I had already hit my 33K on a 33mo lease. My payments are higher by 50$ compared to my old lease but the MSRP is higher at 59k vs 55k.

I think i got a good deal. Any thoughts?

ghstudio · August 2014

Kenyancowboy....if you want honest opinions or help, ask BEFORE you sign the lease.

toneless · August 2014

Hello. I'm new to the site and new to MB. I am in New York. Just wanted to check before signing this lease.

10k miles 27 month Lease
$61910 MSRP
$54800 Sale price
.00130 money actor
68% residual percentage

$596.38 1st month
$795 bank fee
$75 NYS title fee
$10 NYS inspection
$12.50 NYS waste tire fee
$1463.86 taxes (8.625% tax based used for Nassau and Suffolk counties)
$2952.74 Total due excluding plates

Is this the best deal I can get?

Michaell · August 2014

@toneless said:
Hello. I'm new to the site and new to MB. I am in New York. Just wanted to check before signing this lease.

10k miles 27 month Lease
$61910 MSRP
$54800 Sale price
.00130 money actor
68% residual percentage

$596.38 1st month
$795 bank fee
$75 NYS title fee
$10 NYS inspection
$12.50 NYS waste tire fee
$1463.86 taxes (8.625% tax based used for Nassau and Suffolk counties)
$2952.74 Total due excluding plates

Is this the best deal I can get?

E350 4Matic MF is .00130, so that isn't being marked up on you. If you are comfortable with the selling price, I don't see how you can do much better.

ghstudio · August 2014

Get Mercedes maintenance as part of your lease. It should be treated like any other feature and if the cost is $800, you will only pay 32% of that over the 27 months.

toneless · August 2014

He told me he will include maintenance until the end of the lease as well. Do you thing I can lower the selling price?

ghstudio · August 2014

@toneless said:
He told me he will include maintenance until the end of the lease as well. Do you thing I can lower the selling price?

Maybe not, but use autopay which will reduce your money factor. You can/should roll that 795 bank fee into the monthly payments.

apmb · August 2014

can i get residual values for E350 sedan in NJ for 27 month/12k and 36 month/12k?

Michaell · August 2014

@apmb said:
can i get residual values for E350 sedan in NJ for 27 month/12k and 36 month/12k?

4Matic?

.00130 MF and 67% for 27mo and 58% for 36mo.

apmb · August 2014

looking to lease a 2014 E350 4MATIC sedan. MSRP 63230. negotiated price 55250. 0.0012 MF and 27 month lease. registration, 1st month payment and bank fee down. $635 per month. is this a good deal?

Michaell · August 2014

@apmb said:
looking to lease a 2014 E350 4MATIC sedan. MSRP 63230. negotiated price 55250. 0.0012 MF and 27 month lease. registration, 1st month payment and bank fee down. $635 per month. is this a good deal?

How many miles per year?

apmb · August 2014

12k per year

Michaell · August 2014

@apmb said:
12k per year

Using your numbers with base MF of .00130 and RV of 67%, I get a pre-tax payment of $599.43/mo for 27 months. Your quote seems pretty good.

tennisnoob · August 2014

2014 E350 Coupe
12k Miles/Year
36 Months Lease

60k
What is the residual and Money factor (my credit score is 800+ )

Thanks!

Michaell · August 2014

@tennisnoob said:
2014 E350 Coupe
12k Miles/Year
36 Months Lease

60k
What is the residual and Money factor (my credit score is 800+ )

Thanks!

.00128 (RWD) or .00127 (4Matic).

58% residual for either.

dkeats99 · August 2014

Hello- and thank you for your work making this such a helpful site!

I am currently looking into getting the 2014 E550 coupe and I would like to know what the lease rate (MF) and residual is for 36mo/12k. Also, are there any incentives with this? I spoke with a finance rep in Fort Lauderdale and they quoted 0.0024 - which I thought was ridiculously high. He said hey hold 3 points over the 0.0021 that is the standard. Needless to say, I am trying another dealership.

I am also tossing up the idea of getting the 2014 E350 sedan- which I was quoted at MSRP $65,680 - VIP Discount ($10,000) = $55,680 selling price + $1724.58 balance on my current vehicle. The numbers they gave on this vehicle are:

E350 Sedan MF= 0.00136
27mo/12k = 67% residual 36mo/12k = 58% residual

$1295 down 27mo/12k (67% RV)= $703 + tax

$1295 down 36mo/12k (58% RV)= $719 + tax

or

$2500 down 27mo/12k (67% RV)= $655 + tax

$2500 down 36mo/12k (58% RV)= $683 + tax

I am far more interested in the E550 but I can't justify the MF I am being quoted. What is a MF that should be quoted? Also- and very importantly- what dealer fees should I expect and which can I negotiate out? I definitely do not want a lease end fee, which I have had on all 3 of my previous MB leases. I'd like to know what fees I can avoid and which ones I should expect to be required.

Thank you so much!!

apmb · August 2014

does anyone know if MF is different between autopay and no autopay? standard MF for E 3350 sedan 4MATIC is 0.0013 but i heard with autopay its possibly 0.0012?

dkeats99 · August 2014

I just got back numbers on an E550 coupe from a different dealer. MSRP $71,675.00 DIscount $10k = $61,675.00 + $367.34 tax (FL is 6%, I dont know where this comes from) + $1393 Tag and Title Fees (FL tags are super cheap - like $80ish) + $699 Doc Fee + $1095 Acq Fee - $3500 USAA rebate = $61,729.00 + $1724.58 trade payoff = $63,454.22.

36mo/12k - 0 down $961, $1725 down $905, $2725 down $874

Does this seem like a good deal? I think its curious that they left the acq fee off the four square- but it was included in the calculation of the total price.... kind of like a "ghost" fee...

What can I do to make this a better deal?

ghstudio · August 2014

@apmb said:
does anyone know if MF is different between autopay and no autopay? standard MF for E 3350 sedan 4MATIC is 0.0013 but i heard with autopay its possibly 0.0012?

Yes. Autopay reduces the MF by .0001.

Michaell · August 2014

@dkeats99 said:
I just got back numbers on an E550 coupe from a different dealer. MSRP $71,675.00 DIscount $10k = $61,675.00 + $367.34 tax (FL is 6%, I dont know where this comes from) + $1393 Tag and Title Fees (FL tags are super cheap - like $80ish) + $699 Doc Fee + $1095 Acq Fee - $3500 USAA rebate = $61,729.00 + $1724.58 trade payoff = $63,454.22.

36mo/12k - 0 down $961, $1725 down $905, $2725 down $874

Does this seem like a good deal? I think its curious that they left the acq fee off the four square- but it was included in the calculation of the total price.... kind of like a "ghost" fee...

What can I do to make this a better deal?

MF for the E550 coupe is "standard" - which means a range from .00195 to .00225. This is before any dealer inflation - like you saw at dealer 1.

Acquisition fee is also marked up - base for MB is $795.

RV for 36/12 is 54% - using your numbers above I get $886.70 before tax with $0 down.

Looks like there is room to negotiate.

2014 Mercedes-Benz E-Class Lease Questions

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