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Mercedes Benz E-Class Prices Paid and Buying Experience

563 messages,  Last post on Nov 05, 2009 at 11:56 AM

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What is this discussion about? Mercedes-Benz E-Class, Sedan, Wagon

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#491 of 563 E350 Lease Deal by beetle39 Apr 30, 2009 (7:37 am)
I closed this deal and took delivery 4-26-09 at Coggin MB in Ft Pierce, FL   E350 with: 289 Wood Steering wheel, 413 Panorama sunroof, P02 Premium II Pkg.   MSRP $61,045 Selling/purchase price 48,000  + Dealer Fee 599  + Acquisition Fee 1,095  + Prepaid maintenance 1,010 4 years Capitalized Cost $50,704   Down payment 3,960  + taxes, tags, fees 580 ( I elected to pay $5,000 in cash to keep payment under $500, so that was my total out of pocket. However, at 1%, it might be desirable to finance more.)   48 monthly payments of 476.53 + 21.04 maintenance                           TOTAL 497.57 12,000 miles per year Residual 42% (25,639) Money Factor .00038 equal to .91 APR   With 21.3% discount and less than 1% cost of financing, this seems to be a pretty good deal. Replies to this message: shmuler (Apr 30, 2009 9:30 am) beetle39 (Apr 30, 2009 12:32 pm)
#492 of 563 Re: E350 Lease Deal [beetle39] by shmuler Apr 30, 2009 (9:30 am)
Replying to: beetle39 (Apr 30, 2009 7:37 am) The price is a good deal of $48k but why lease already for 48 months no less. Does that maintanence includes tires and brakes which you most likely will need after 3 plus years of ownership and that will either cost you during or at the end of you lease so tack on another $1.5k for tires and brakes.   After 4 years you will have paid $476.53*48 = $22,873 + $5,000 + $1,500 for tires and brakes = $29,373. I am excluding what you are paying for maintenance. Plus your residual is still based on the $61k price not the $48k which is bringing down your payment. In this scenario I would already buy the car although it seems like your only concern is the monthly cost to be under $500. You could have bought a certified pre owned 2007 for $30k. Replies to this message: beetle39 (Apr 30, 2009 12:32 pm)
#493 of 563 Re: E350 Lease Deal [shmuler] by beetle39 Apr 30, 2009 (12:32 pm)
Replying to: shmuler (Apr 30, 2009 9:30 am) I did consider those things you brought up. The prepaid maintenance covers only those items in the service book that must be done periodically. Tires and such are not included. Prepaying the maintenance saves about $350.   The effective interest rate of .91% makes the lease attractive. My total cost if I buy the car for the residual is still basically $48,000 plus interest, maintenance, taxes and dealer fees etc.   The $500 payment was strictly an arbitrary choice that doesn't really matter - just a preference. I would actually be better off if I let them roll more of the cost into the payments with only a .91% interest rate.   If I bought a 2007 for $30k, the interest rate would probably be around 7% and I don't want a used car. Different strokes.
#494 of 563 When is a good time to purchase leftover 09 by arpan Jul 08, 2009 (8:36 am)
I know the july incentive is 10k, should I wait to pull the trigger?
#495 of 563 Car_Man or Kyfdx Any special rates on E550 2009 ? by bettyblu Jul 09, 2009 (10:42 pm)
Thinking about leasing or purchase E550 2009. Any special rates on the E550 or is it just limited to the E350 2009?           Thanks Replies to this message: drdrilz (Jul 10, 2009 5:24 am) bettyblu (Jul 10, 2009 8:53 pm)
#496 of 563 Re: Car_Man or Kyfdx Any special rates on E550 2009 ? [bettyblu] by drdrilz Jul 10, 2009 (5:24 am)
Replying to: bettyblu (Jul 09, 2009 10:42 pm) no special financing rates for the E550. Replies to this message: bettyblu (Jul 10, 2009 8:53 pm)
#497 of 563 European Delivery by vicv Jul 10, 2009 (11:15 am)
Justs ordered a 2010 E350 Sport for delivery in Sindelfingen in Nov in conjunction with a vacation we'd planned. For ED, you pay invoice and the transportation charge is waived. You also get a free night in a hotel, they feed you and provide a couple of taxi passes to get to the factory. This is a base E350 with metallic paint the only option. The cost is $45,868 plus $399 doc fee, tax and tag. We were going to be over there anyway, so this saves the transportation charge and we don't have to rent a car to get around while there. We're really looking forward to bumming around Bavaria in a new E.
#498 of 563 Re: Car_Man or Kyfdx Any special rates on E550 2009 ? [drdrilz] by bettyblu Jul 10, 2009 (8:53 pm)
Replying to: drdrilz (Jul 10, 2009 5:24 am) Thank you for the information
#499 of 563 2010 E550 Coupe Lease by dennis30312 Jul 16, 2009 (10:05 am)
I'm looking at leasing a 2010 E550 coupe in Florida. Options: Premium black leather, Premium 2, Appearance package, and Distronic Plus. The price is $68,590. I'm getting lease estimates with $10K down in the mid-$1000 range for 36 months with 12K miles per year. The lease payment seems high, I would expect it to be in the $900 range at most. The car is VERY NEW but has anyone leased the E550 coupe? Any insight would be greatly appreciated. Thank you. Replies to this message: aeggroup (Jul 16, 2009 12:42 pm) sshvh (Jul 16, 2009 1:48 pm)
#500 of 563 Re: 2010 E550 Coupe Lease [dennis30312] by aeggroup Jul 16, 2009 (12:42 pm)
Replying to: dennis30312 (Jul 16, 2009 10:05 am) $10K down? For E550 coupe? Are you serious? The best joke of the day ))) Wait 5-6 months and get it with no money down for about $950 a month. It's a new car and they will do anything to take your money, but in this economy - I'd give them about 6 months to chill out. You can get new S-class cheaper than this.

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