Hello, this is my first time leasing a Mercedes Benz. I've had a couple Lexus and my latest is maturing next month. I'm in CALIFORNIA. I was was at the dealer today and this is what I was offered:
2017 e-class $59,515 sticker price - $5,859 in discounts
$53,656.00
36/7.5 $3300 out of pocket including down and fees. $598/mo including taxes
63% residual 0.00139 mf
Does this seem like a good deal? Should I go to another dealer and see their offer?
Thanks
That is the correct MF and residual. If the selling price is the CAP cost, I get $575/mo.+tax, but obviously, some of your upfront money is a CAP cost reduction to get the monthly payment under $600.
I would definitely shop around. Can you get by on 7.5K mi/yr?
Thank you for your advice and quick response! I will continue shopping around. Would you suggest I negotiate selling price? I don't drive it too much - I put 7800 miles in 2 years on my Lexus that is maturing next month. Mileage?
Thank you for your advice and quick response! I will continue shopping around. Would you suggest I negotiate selling price? I don't drive it too much - I put 7800 miles in 2 years on my Lexus that is maturing next month. Mileage?
You definitely want to negotiate selling price. At 4000 mi/yr, leasing is kind of expensive. But, if you want a new car every three years, it's probably the cheapest way to go.
Looking for the money factor and residuals for a 2017 e400 convertible. Would like to know on 36 mo. 12K miles per year and the same on 24 mo. 12K miles per year. Thanks!
Looking for the money factor and residuals for a 2017 e400 convertible. Would like to know on 36 mo. 12K miles per year and the same on 24 mo. 12K miles per year. Thanks!
Hi Michael, What is the September program for the e300 4matic, is it currently the 36 months or 27, 33m etc? Looking for 15k miles. Also are numbers available for the 2016 e350 sedan, or e400? -TIA
Hi Michael, What is the September program for the e300 4matic, is it currently the 36 months or 27, 33m etc? Looking for 15k miles. Also are numbers available for the 2016 e350 sedan, or e400? -TIA
I'm new to leasing and am confused by these two deals posted on the '17 forum. The first deal, you said congrats, but the second deal suggested the person shop around for a better deal. However, the second deal is a much better one (much lower cap cost and monthly payment , even w/ the $3500 down factored over 36 months and added to the $598 = $689/month all in).
*note: the member questions are from qball11 and then margalle
2nd question. Why do people ask for the residual and money factor when both are given (in interest form e.g. 4.9% - just x 2400) on the nationwide Mercedes site every month?
I'd really appreciate your advice and thanks for the great forum!
I'm new to leasing and am confused by these two deals posted on the '17 forum. The first deal, you said congrats, but the second deal suggested the person shop around for a better deal. However, the second deal is a much better one (much lower cap cost and monthly payment , even w/ the $3500 down factored over 36 months and added to the $598 = $689/month all in).
*note: the member questions are from qball11 and then margalle
2nd question. Why do people ask for the residual and money factor when both are given (in interest form e.g. 4.9% - just x 2400) on the nationwide Mercedes site every month?
I'd really appreciate your advice and thanks for the great forum!
R
We tend not to compare deals to each other but rather relative to MSRP.
MBFS posts their lease rates on-line? Do you have a link?
The MSRPs were the same. I was just curious how you were rating the deals different.
My mistake, the residual and percentage rate seem to only show on the Canadian site. Mercedes USA does has the payment estimator, but no residual and percentage rate listed - they should!
The MSRPs were the same. I was just curious how you were rating the deals different.
My mistake, the residual and percentage rate seem to only show on the Canadian site. Mercedes USA does has the payment estimator, but no residual and percentage rate listed - they should!
We don't really rate deals. We are here to provide information.
If you get a new car, we'll say "Congrats", because we are polite. Congrats doesn't mean, "hey, you got a great deal".
Hi, what's the latest MF and RV for the E300 4Matic for 36 mo, 15k mi/yr? Also, please let me know if that's the Sept or Oct #. I got quoted a MF of .00186 and 58% which doesn't sound consistent with what I've been seeing (unless that's the Oct #).
Hi, what's the latest MF and RV for the E300 4Matic for 36 mo, 15k mi/yr? Also, please let me know if that's the Sept or Oct #. I got quoted a MF of .00186 and 58% which doesn't sound consistent with what I've been seeing (unless that's the Oct #).
Hello, please share the October MF and Residual for E300 RWD 36/12K and 10K. Does MBUSA increase the residual when adding the service package (like AudiCare)? Is the commonly suggested 6% deduction applicable and recommended for MB as well? First time leasing an MB and don't want to assume that what works for Audi will necessarily work for MB.
Hello, please share the October MF and Residual for E300 RWD 36/12K and 10K. Does MBUSA increase the residual when adding the service package (like AudiCare)? Is the commonly suggested 6% deduction applicable and recommended for MB as well? First time leasing an MB and don't want to assume that what works for Audi will necessarily work for MB.
Thanks
BTW, this is for FL in case it matters.
.00139 MF and 61%/62% residual.
We've heard anecdotal evidence of the pre-paid service being added to the MSRP, so that it's residualized, but not in every case.
For a $71k MSRP (E300 4matic P3 with some options, 48mo/15k) , the dealer is offering me a monthly payment of $839 with $2000 down (first month payment and fees). Is this a good deal? What would be money factor and RV for this vehicle and 48mon/15k? I am in Massachussets.
For a $71k MSRP (E300 4matic P3 with some options, 48mo/15k) , the dealer is offering me a monthly payment of $839 with $2000 down (first month payment and fees). Is this a good deal? What would be money factor and RV for this vehicle and 48mon/15k? I am in Massachussets.
Thank you.
.00116 and 49% for 48/15.
What is the selling price?
And, can I just say, that $71K for a turbo 4-cylinder MB seems a bit pricey. But, I've never shopped in that price range.
Thank you, Michael. I didn't get the selling price, but based on the MF and RV you shared it looks like $67k. As for the engine, it drives well. I had my fair share of powerful engine cars, and am looking for something comfortable and with great interior at this time. I would opt for a cheaper package if some of the options were configurable as I don't really need all those autonomous driving options. Hence the P3.
Thank you, Michael. I didn't get the selling price, but based on the MF and RV you shared it looks like $67k. As for the engine, it drives well. I had my fair share of powerful engine cars, and am looking for something comfortable and with great interior at this time. I would opt for a cheaper package if some of the options were configurable as I don't really need all those autonomous driving options. Hence the P3.
Get the adjusted cap cost --- that way, we can determine if the dealer has marked up the MF.
So this is the deal I got: E300 4-matic P3 with designo red color, black MB-tex, 18" AMG wheels and Sport wheel package, Panorama Roof, natural black ash wood, Comfort package, 12.3" LED dash MSRP $71,095.00 Adjusted Price: $67,095 48 month / 15000miles per year lease $2000 for first month payment and fees down
Comments
I would definitely shop around. Can you get by on 7.5K mi/yr?
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I will continue shopping around. Would you suggest I negotiate selling price? I don't drive it too much - I put 7800 miles in 2 years on my Lexus that is maturing next month. Mileage?
At 4000 mi/yr, leasing is kind of expensive. But, if you want a new car every three years, it's probably the cheapest way to go.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Sticker is $59615
So far I've gotten it down $5800 off of the sticker - $53k
P1 and pano roof
Should I expect 15% off sticker, 18%?
Not sure I would expect that large of a discount on a new 2017 model.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
What is the September program for the e300 4matic, is it currently the 36 months or 27, 33m etc? Looking for 15k miles. Also are numbers available for the 2016 e350 sedan, or e400? -TIA
2016 discussion is here:
http://forums.edmunds.com/discussion/35516/mercedes-benz/e-class/2016-mercedes-benz-e-class-lease-questions#latest
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I'm new to leasing and am confused by these two deals posted on the '17 forum. The first deal, you said congrats, but the second deal suggested the person shop around for a better deal. However, the second deal is a much better one (much lower cap cost and monthly payment , even w/ the $3500 down factored over 36 months and added to the $598 = $689/month all in).
*note: the member questions are from qball11 and then margalle
2nd question. Why do people ask for the residual and money factor when both are given (in interest form e.g. 4.9% - just x 2400) on the nationwide Mercedes site every month?
I'd really appreciate your advice and thanks for the great forum!
R
MBFS posts their lease rates on-line? Do you have a link?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
My mistake, the residual and percentage rate seem to only show on the Canadian site. Mercedes USA does has the payment estimator, but no residual and percentage rate listed - they should!
If you get a new car, we'll say "Congrats", because we are polite. Congrats doesn't mean, "hey, you got a great deal".
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.00116 MF and 58% residual
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
E Class 2017, premium package 2. MSRP 67905, Selling Price 64960.
Tax 2851
Adjusted cap cost 69282.39
What will be the down payment and the monthly payment for 36 months lease, 10K?
Thanks
Which state?
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VA state
With that MSRP and CAP cost, $902/mo.
Since the CAP is $4300 over selling price, then just first payment should be due at signing.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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Thanks
BTW, this is for FL in case it matters.
We've heard anecdotal evidence of the pre-paid service being added to the MSRP, so that it's residualized, but not in every case.
Nothing consistent on % discounts for Mercedes.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
You'll have to check with a dealer to see how they handle mileage allowances over 15K/yr.
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Thank you.
What is the selling price?
And, can I just say, that $71K for a turbo 4-cylinder MB seems a bit pricey. But, I've never shopped in that price range.
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As for the engine, it drives well. I had my fair share of powerful engine cars, and am looking for something comfortable and with great interior at this time. I would opt for a cheaper package if some of the options were configurable as I don't really need all those autonomous driving options. Hence the P3.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Premium 1
Sport Package
18" AMG 5-Spoke Wheels
Black Ash Wood
Wheel Bolts
Comfort Box
Sale price $51,863
Residual - 61%
36 month lease
Money Factor - 0.00139
Initial Due - $2,386.55 for 1st month/Tax/License
$629/month
What is the MSRP?
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Trying to understand if this is a great deal, an average deal, or if I should go some where else.
On the surface it looks like a good deal for a new 2017.
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Can you help provide the Novermber Vales for MF and Residual for E300 4Matic. I assume the 4Matic has a 1 % less Residual , can you help confirm.
Thanks
.00139 MF and 59% residual for RWD
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E300 4-matic P3 with designo red color, black MB-tex, 18" AMG wheels and Sport wheel package, Panorama Roof, natural black ash wood, Comfort package, 12.3" LED dash
MSRP $71,095.00
Adjusted Price: $67,095
48 month / 15000miles per year lease
$2000 for first month payment and fees down
$832/month
Any comments?