2017 Mercedes-Benz E Class to buy or to lease

stuluju · August 2016

I have always bought cars and never leased. I usually kept the car for nine or ten years and drove about 15 to 20 thousand miles per year. I liked the 2017 E class and was interested in finding out more about the Luxury Model so I stopped by a dealership to look. The price of the car was $66G but the dealer said for a 30 month lease the costs would be $31G. He was trying to explain to me the lease would be the better way to go due to residual value and keeping up with the technology on the Mercedes and then get in to a new lease. I just think that is a lot for a car that I would use for 30 months. Any recommendations for what would be best. Also I have not bought a Mercedes before so what is the best time to get discounts or incentives. Thank you.

Michaell · August 2016

stuluju said:
I have always bought cars and never leased. I usually kept the car for nine or ten years and drove about 15 to 20 thousand miles per year. I liked the 2017 E class and was interested in finding out more about the Luxury Model so I stopped by a dealership to look. The price of the car was $66G but the dealer said for a 30 month lease the costs would be $31G. He was trying to explain to me the lease would be the better way to go due to residual value and keeping up with the technology on the Mercedes and then get in to a new lease. I just think that is a lot for a car that I would use for 30 months. Any recommendations for what would be best. Also I have not bought a Mercedes before so what is the best time to get discounts or incentives. Thank you.

If you're habits aren't going to change, I would recommend a purchase. The extra miles up front for a lease will negate any potential savings you might get.

And, in the end, leasing is renting. You are only paying for that part of the car you plan to use in the three years you have it. At the end of that time, you either turn the car in and walk away, or buy it for the agreed upon residual value.

kyfdx · August 2016

@stuluju If you like to keep a car for nine or ten years, then leasing is not for you. I'm baffled at why the salesperson would even suggest it.

This would be the time of year for great deals on a 2016 model, not 2017.

lawcar · February 2017

Hello, Stuluju, Did you end up getting a 2017 E-Class?

Michaell · February 2017

lawcar said:
Hello, Stuluju, Did you end up getting a 2017 E-Class?

The original post was 6 months ago; not sure the OP is around to answer. You might want to check this thread, instead:

https://forums.edmunds.com/discussion/41680/mercedes-benz/e-class/2017-mercedes-benz-e-class-lease-questions#latest

lawcar · February 2017

Thanks for reminder.

lawcar · July 2017

Hello, Moderator. I saw I had another picture next to my name with a frown. Don't know how that was set as I did not set it. I think I have been able to change. Did not mean to be rude to you or anyone else. Thanks.

kyfdx · July 2017

lawcar said:
Hello, Moderator. I saw I had another picture next to my name with a frown. Don't know how that was set as I did not set it. I think I have been able to change. Did not mean to be rude to you or anyone else. Thanks.

We don't make any assumptions..

2017 Mercedes-Benz E Class to buy or to lease

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