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You are in the Prices Paid - Buying & Leasing Experiences
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Mercedes-Benz E-Class, Sedan, Wagon
#1429 of 1988 Re: Thanks to all... [lawcar]
Jan 01, 2012 (2:19 pm)
Aren't you amazed at these prices for the E350 sedan? I was at my dealership yesterday for a hand car wash (I get a complimentary carewash at least on e a week which is done by hand, not machine) and during lunch we discussed this with several other sales managers. $7000 under MSRP is a deal they would take at the end of the year for statistical reasons and because there are a myriad of cash incentives available from the manufacturer. They all agreed that pricing of these cars is at a level they have never experienced for a model that was just introduced. They've seen it when there is a model body change like when the 2010 was introduced and they had a 6000 incentive on the 2009's. But never like this so soon after a major model upgrade like the new engine and new transmission.
They all said that they have about 13 E350 sedans on the ground, which is about 10 less than what they normally have on hand. All agreed that they wish they had 40 or 50 on hand because of the tremendous demand.
It would seem prudent that if someone was in the market for a new luxury car, and they touched base with this particular forum, they should run, not walk, to their nearest Mercedes dealership and get one of these marvelous vehicles before these incentives disappear!
Happy New Year to all, and Davd, enjoy tour new car,
#1430 of 1988 MERCEDES E350 4Matic
Jan 01, 2012 (4:08 pm)
Thanks for the great advise. I am planning on going through with the deal. I don't think they will give me the 0.9% APR because my credit score is only 710 and I think they gave me a great deal on my trade. They have to make money somewhere.
They are also splitting the cost of the wheel and tire protection package if I decide to take it.
The car is on a truck from the port and should be here this week.
I test drove the BMW 535 and Audi A6...The E350 seemed to be a better car for me. It's my first mercedes and I'm really looking forward to getting it. Thanks again for you help.
#1431 of 1988 Re: MERCEDES E350 4Matic [dinoman]
Jan 01, 2012 (6:36 pm)
I have owned and/or driven those vehicles and found the Mercedes to be more luxurious and much "warmer" in terms of its choices of interiors. This is the first Mercedes one I have had with leather interior. Quite frankly, I liked the mbtex to be just as nice and more resilient. I got the ventilated seats which required the leather. I live in south Florida where ventilated seats are a "must!"
The BMW is manufactured for those desiring a sport look, feel and an interior that is generically "sporty" and uninspired. The same is true of the Audi.
At the other end of the spectrum is the E350! Sporty, but much more luxurious inside and out. Untill this year, the 535i had more power and better fuel economy. But now the E class sedans have 302 horsepower and I am averaging 32 mpg on the highway at a sustained speed of 65 mph. Now, you have a luxury sedan with everything you need to truly enjoy driving.
Enjoy your new car.
#1432 of 1988 Re: I found same thing with options... [abacomike]
Jan 03, 2012 (1:31 am)
Thanks abacomike! Yes, that is true! We have an older e350 that opens the trunk but doesn't close it. You don't think it would be a big deal until you go grocery shopping and wish the trunk would close with a button--now our new e350 does!!! Not sure how we lived without the xenon lights before though...don't think we'll be able to go back to non-xenon lights again. would strongly recommend the p2 pkg.
#1433 of 1988 Re: I found same thing with options... [mbzgal]
Jan 03, 2012 (9:50 am)
I don't know if I would strongly recommend the P2 package for everyone. The cost, in my opinion is not something I believe is a value.
All you get are the xenon lights, cornering lights, adaptive front lights (curve illumination) adaptive high beam assist, keyless-go, auto trunk closer, and headlamp washers. All of the above + P1 package items for about $2500. If you don't drive much at night, then the P2 package is not for you. If you think about it, that's really the big gain. The rest most people can live without. It raises the cost of the vehicle which may not be necessary for most drivers. Most E350 sedans are ordered with the P1 package.
Jan 03, 2012 (9:24 pm)
Can you let me know what is a fair lease cost for a e350 with msrp of 55405 and selling price of 48500? I'm interested in a 30 months term.
#1435 of 1988 Re: Lease [arturob]
Jan 03, 2012 (10:54 pm)
It would seem that you have already negotiated a lease capitalized cost. Depending upon your credit (assuming you have a 720+ beacon score as determined by one of the three credit reporting agencies), you should be able to get the best available money factor offered by Mercedes Benz Financial. I apologize, but I do not know the current preferred rate available. I am sure one of the forum regulars is more familiar with lease rates than I.
Just be aware that there is usually a lease origination fee charged by all leasing companies which is in the range of $795.00. This fee is set by the lessor. Once you know the money factor (interest rate for a lease) you will be able to determine the lease cost.
Again, my apologies, however I do not keep up with leases because I buy my cars.
Good luck. There should be new lease rates out on January 4th.
#1436 of 1988 Update on available incentives
Jan 05, 2012 (5:25 pm)
I was at my dealer today for a car wash and found out about January incentives:
$2000 MB Financial incentive for current clients who have an active lease or loan with MB Financial
1.9% financing available for qualified applicants for 24 or 36 months. Buy rate for dealer is .9%, or the same as last month.
Those were the only incentives available at this point. They have been known to add and/or adjust incentives, however these are the only ones received today. If anyone is aware of any others, please let us know.
Assuming these are the only ones, that is a significant departure from previous years. They usually extend incentives through the 10th of January, but I guess not this year. I do know that the December incentives were very successful in terms of E350 sedan sales. I sincerely hope they add some incentives so that more people have the opportunity to drive a truly magnificent automobile.
To those who benefitted from those great deals, enjoy!
#1437 of 1988 Hey, Mike,
Jan 05, 2012 (6:23 pm)
Interesting about the incentives. Glad I was able to get the BMW conquest incentive to save a few more bucks at the end of the year. I picked up my car and love it, as does my wife. It's a great ride, gorgeous, and impressive. Thanks again for all of your advice during my quest. It really helped to be able to know about the differences in the E350 before I went to see and test drive them (sport vs. luxury, P1 and P2 packages, wheel choices, etc.). I was able to get an extremely fair price with the information I obtained from this forum. Best regards, David
#1438 of 1988 Re: Hey, Mike, [lawcar]
Jan 05, 2012 (6:51 pm)
Yes, David. If I was not so confident about the E350 sedan, I certainly would not spend so much time with this correspondence on this forum. As you know, I've owned many Mercedes Benz automobiles along with BMW's, Lexus, Audi and Infiniti. Even though all of these vehicles are excellent (well built, luxurious, sporty and handle beautifully), the 2012 Mercedes Benz E350 sedan is the very best of all for the reasons you, and many others are experiencing as a result of driving this outstanding automobile.
I knew you would not have been as comfortable or as happy with the luxury model after coming out of a BMW. You are accustomed to a stiffer suspension with acute handling aspects which the luxury version does not provide. You just have to train yourself (and your spouse) to take extra special care when parking the car nose-first so as not to scrape the underside of the front bumper. Additionally, you must take care to avoid streets and routes where there are a lot of potholes. If you can't avoid them, then drive around them or go through them at a snail's pace. I have not had problems, but I've read many complaints in this and other forums about the AMG sport wheels, especially from New York City, Chicago and other large cities as well as from rural drivers. But you have the tire and wheel insurance which was very prudent of you!
Enjoy and keep us all informed and up-to-date on your experiences and again my sincerest wishes to you and your wife for a healthy, happy and healthy New Year.