Last post on Dec 03, 2013 at 4:45 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Mercedes-Benz E-Class, Sedan, Wagon
#1362 of 2212 Re: Buying extended warranty at time of sale or after? [lawcar]
Dec 25, 2011 (2:30 pm)
If you are considering leasing over buying, you do not need the extended warranty. You stated in another post that you drive 12,000 miles per year. After 4 years, you will be under your 50,000 miles limit. Remember, the warranty is for 4 years or 50,000 mile, whichever comes first.
If you are going to purhcase the car, which is what I recommended to you, try getting it for 1.5% apr for 66 months. Even if you don't plan on keeping the car for more than 4 years, the least expensive way to do this is for the longest term at the lowest rate.
You can purchase an extended warranty on the vehicle at any time prior to the car going off it's 4 year 50,000 mile warranty. They do raise prices from time to time, but if you end up not keeping the car, it's not worth buying the extended warranty. In 4 years, they will have a new body introduced with different engines, etc. So you also want to consider that as well. This new body was introduced in 2010. They usually keep their major body styling for 6 years. So in 3 years or thereabouts, expect a major body and equipment change.
Factory invoice is the price you will see at cars.com and/or truecar.com. Dealer invoice would be factory invoice less 2% for holdback for the dealer. Remember, Edmunds, for some strange reason, has left off the P1 and P2 packages from their "build the car and price it" section. I don't know what happened there, but something is amiss, for sure.
So, use cars.com to get to factory invoice. Dealers don't dig into their 2% holdback when selling cars - that money is used to drefray their overhead costs. Additionally, they are going to have to pay the salesperson for a "mini" deal, which at Mercedes Benz Dealers is between 200 and 250.
#1363 of 2212 Re: Will, do. Thanks again for all of your help, Mike (and others) [lawcar]
Dec 25, 2011 (2:36 pm)
Since you have remaining payments, that will have to be figured into the deal. Since you don't drive too many miles, see what your leased BMW is worth on a trade. Sometimes, not frequently, but sometimes the car is worth trading in as it may bring in enough extra dollars to cover remaining payments, etc. If you a expecting a rock bottom deal from the dealer, and your BMW is not worth more than it's payoff, I would doubt the dealer will reimburse you for the remaining payments - only because you are looking for a rock-bottom deal. If you are not, the anything is possible. But don't get hooked into something before you consider all the variables.
#1364 of 2212 Got it. Thanks.
Dec 25, 2011 (9:15 pm)
#1365 of 2212 One last thing about tires on Sport...
Dec 26, 2011 (8:56 am)
If tires are staggered at 17" in front and 18" in back, what happens if you get a flat? Which spare does E350 Sport come with. I read that the sport tires life span is around 12,000 - 15,000, which means have to replace every year? Is it possible to put all 17" or all 18"? Thanks,
#1366 of 2212 Re: One last thing about tires on Sport... [lawcar]
Dec 26, 2011 (9:18 am)
First of all, the SPORT sedan comes standard with 18" tires all around. It's the width of the tires and rims that differ, not the diameter. If you get the tire and wheel package, all you get is the new sports steering wheel and AMG wheels, which are 18" all around.
Secondly, the spare is an 18" tire on it's own rim. All you do is replace the wheel and tire that is flat with the 18" spare (compact). Then, you go get the tire repaired or replaced.
The tread life of the tires is all dependent upon the type of driving you do. I usually get about 16,000 miles on a set. I do a combination of highway and local driving. I do not accelerate quickly nor to I take corners at fast speed. I do not do alot of braking as I don't drive in traffic.
It's the "fast" braking and "fast" acceleration and "fast" cornering that wear out tires before their normal life span. Front tires always wear out faster than rear tires because the front tires take more of a "beating" with cornering and braking.
It's the rear tires that are a little wider than the front tires - not alot, just a little.
Finally, when it comes time to replace the tires, I am going to look at the new Michelin tires with treads that last 28,000 to 35,000 miles. They make this longer-lasting tire for the Mercedes Benz E350 Sedan. Mercedes just chooses not to put them on their cars. The are a bit pricier than standard replacement tires, but not so much more that is definitely pays to get them. I believe Goodyear, Bridgestone and Michelin make the longer lasting tires. When I get a chance, I am going to check them out online - but I only have 1600 miles on my E350, so it will be quite a while before I will be looking for tires.
#1367 of 2212 Re: One last thing about tires on Sport... [abacomike]
Dec 26, 2011 (9:22 am)
Oh, I thought that the sport has the staggered 17" and 18". So if the wheel package comes with all 18", then you can rotate?
#1368 of 2212 You like the 66 month financing more than 48? [abacomike]
Dec 26, 2011 (9:24 am)
I'll check difference in monthly payments. If firm is paying, maybe it makes sense to get 48 month. Also depends on down payment. Do you recommend just paying drive-off?
#1369 of 2212 Re: One last thing about tires on Sport... [lawcar]
Dec 26, 2011 (9:44 am)
Took a few minutes to look up replacement tires. At the present time, the only tires that are guaranteed to have a tread life of 30,000 mile or more is Michelin. The tire is called PILOT SUPER-SPORT. Here are the sizes of the tires
FRONT 245/40 R18
REAR 265/35 R18
I did not bother looking up prices, as these change frequently as do the kind of tires each manufacturer offers. But, if I were looking for replacement tires for my E350 Sedan, I would definitely purchase a set of these since they will give twice the mileage and, I am sure, not at twice the price.
Hope this helps you out.
#1370 of 2212 Re: You like the 66 month financing more than 48? [lawcar]
Dec 26, 2011 (9:49 am)
If the firm is paying, obviously the 48 month is more attractive. In fact, the 36 month is even more attractive - especially since the firm is paying you back for your out-of-pocket cost for the loan.
You know more about what is better for you and/or your company - not me.
I don't know if there is a minimum down payment required for the loan from Mercedes, but if they do not have a minimum, put as little as you want and still feel comfortable that the payments are "reasonable" for the company. Obviously, a company may not appreciate a $1500 a month payment. So only you can determine what is best.
#1371 of 2212 Re: One last thing about tires on Sport... [lawcar]
Dec 26, 2011 (9:51 am)
No, you cannot rotate the tires. I just posted the tire sizes for the E350 Sedan so, as you can see, there is definitely a difference between front and rear tires.
Again, I reiterate, YOU CANNOT, AND SHOULD NOT, ROTATE THE TIRES