Last post on May 16, 2013 at 2:46 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Mercedes-Benz E-Class, Sedan, Wagon
#335 of 1933 Re: E350 lease. Did I do good/bad? [mrp]
Mar 01, 2007 (2:15 pm)
If you're happy with the car, you got a good deal. I just purchased a 2002 E430 4matic special edition (whatever that means) if anyone knows, I'd love to hear what it is. I think it might mean the interior wood or something is a different color. It has a sunroof, cd player, teleaid, built-in phone (that was not there), heated seats, mirrors that move when you put the car in reverse, you can operate everything by voice, and it is a beautiful car in mint condition. It had 37,400 miles on it. It was a certified Mercedes vehicle and came with a one year warranty. I then purchased an additional two year extended warranty, tire warranty, with wheel and rims included (it had brand new tires), window and paint protection (the paint protection is this tape stuff they put on to protect the paint). It was not ready at delivery time, so I got $500.00 towards parts and service at the dealership. I got 1.9% financing for 3 years. I paid $29,000.00 including what the interest will be after 3 years. I feel like I got a great deal. I wanted the 8 cylinder engine based on consumer reports and driving a 2006 that had no power. I live in New England and need the winter mode. It drives great in the snow. I am very happy with it.
There is only one thing. When it is cold, if it does not warm up sufficiently. The ABS and other brake malfunction lights go on. It indicates there are 3 malfunctions. If I stop the car, and let it warm up longer, it's fine. Has anyone else had this problem? This has occurred on several occasions now. Once, it was about 2 degrees out (but had been in my 35 degree garage undriven for 3 or 4 days). It had been running for about 7 or 8 minutes before I drove it. When I got on the highway 10 minutes later, I was unable to drive over 50 mph. It began to vibrate and shake. When I dropped my kids off at school 10 minutes later, I pulled over and let it warm up a little more. It was fine after that. It has not happened again.
I had bought a 1998 SLK 230 May 1,2006 for summer fun and just loved it. I have a private mechanic for that car, but went to my local dealership for a recall and was impressed with their service department, so had no hesitation to buy from them. I had a $40,000.00 2001 Chrysler T&C Minivan I paid cash for before this E car that was very luxurious inside, but I enjoy driving this much more. That car was worth nothing, even though it had only 51,000 miles on it and I ended up giving it away for $6500.00. So, I know these cars hold their value more. Good luck with your Mercedes! (Oh, I paid $15,000 for my mint 1998 SLK 230 with 87,000 miles on it in May of 2006 and got a great deal on that from a private party and love it!)
#336 of 1933 Re: E350 lease. Did I do good/bad? [mosesgolf]
Mar 04, 2007 (6:10 pm)
Wow!!! Very good deal. Congrats!!!
#337 of 1933 Re: Good Deal?? [dtex]
Mar 09, 2007 (12:40 pm)
dtex - The MB E350 4Matic is a great car. I think that you should be $500 - $1,000 over invoice even though inventory is quite low.
#338 of 1933 Twisting over buying a new Mercedes E 350
Mar 12, 2007 (11:29 am)
I have been leasing MB since 1979.....except for a Lexus I have has mostly E-class and 1 S-Class.....they have been good.
Getting a little bored and lease is up this week, I went to look at the Audi A6 and see the Residuals are terrible compared to the Mercedes. Also, I have learned that in Texas (I moved here from California)you pay the sales tax on MSRP when you lease and don't recapture any of it at end of term.....so buying may be a better option in this state.
How are the 2007's holding up? How are the deals going.....I went to one dealership, the only one in Austin and they took off $1100...I found that amusing.
So I am sitting here trying to decide on buying a MB again or eating the depreciation on an Audi when I don't even know the maintenence on an Audi but I know MB is decent.....not the same as years ago but decent.
#339 of 1933 Re: Twisting over buying a new Mercedes E 350 [ealazarus]
Mar 12, 2007 (2:24 pm)
How are the 2007's holding up? .....
All I can way is that now after seven mos., my '07 E350 has been bullet proof. It remains rock solid and fun to drive with great gas mileage as an added bonus.
Except for resale/depreciation issues I have nothing against an Audi A6....great car.
BTW, in Texas, wouldn't you just be being tax on the car's MRSP but based on the lease's time frame not the total MSRP?
#340 of 1933 Re: Twisting over buying a new Mercedes E 350 [ealazarus]
by kyfdx HOST
Mar 12, 2007 (3:45 pm)
Actually, in Texas, I believe you pay on the car's selling price, not MSRP...
But, yes... it is on the entire price..
A lot of would-be leasers in Texas do a balloon note, instead..
#341 of 1933 E320 Bluetec in Texas
Mar 13, 2007 (8:41 am)
I'm getting this quote for the base model (without Premium package).
Sell Price 51500, down 3800 and 764 per month for 39 months lease, 15000 miles/year. Seems too much to me. Any suggestions.
#342 of 1933 Re: E320 Bluetec in Texas [tookewl]
Mar 13, 2007 (9:10 am)
I do not know why anyone would make a Down Payment on a lease. A Cap Reduction does not always find its way to the bottom line.
They amortized the Depreciation even more by going to 39 months...so we would need to see the MSRP, the Cap cost and the Residual to see where the $3800 went.
#343 of 1933 Re: E320 Bluetec in Texas [tookewl]
Mar 13, 2007 (5:59 pm)
Couple of my friends have got E350 with 12k miles with
$2500 to $3000 down and one or $549/mo and other $600/mo (this car has panoromic view and button start). The dealer is American Service Center in Arlington, VA.
#344 of 1933 Tried to lease a new MB but car salesmen don't change....
Mar 14, 2007 (10:40 am)
I have been a Mercedes Benz owner since 1979 and I have reached the end of term on my current lease. I am due to drop off the car tomorrow or Friday.
I went to the Mercedes Benz USA website and wrote to some dealers about purchasing or leasing a new GL or E-350...I mean to get one this week and with the exception of Georgetown MB, who had no cars in gray in either model, NOT ONE OTHER DEALERSHIP CALLED OR WROTE!
I moved to Texas last year from California and I will say that this WOULD NOT HAPPEN at Fletcher Jones MB or House of Imports.....But Plano, Sugarland, Austin, Dallas and San Antonio must have more business than they need....I wish I could say that I have more business than I need...but even if I did, I would hire more people.
I will never get a car where I must do it immediately as that can cost you more money than necessary. I don't get overly emotional when I am in a dealership as it is strictly a business decision.
The bigger companies get the more they forget about the business they already have. Makes me think of the Mobile phone companies spending millions of $$$ to get the $49 people in while treating the $500 a month customer like dirt.
Well, now my options are open. I called Hertz to reserve a vehicle and I don't care right now what I am going to do....but I will check out a few others...BMW, AUDI M35 and see.....
Let's see if Mercedes Benz can do to the namesake brand what they did to Chrysler?