Mercedes-Benz E-Class Lease Questions

3027 messages,  Last post on Jun 18, 2013 at 3:54 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

#3018 of 3027 2013 E 350 sport 4 matic lease by a1s1a1

Jun 14, 2013 (8:40 pm)

Strohlde
 
Forgot to mention that my car had less than 100 miles. Given your situation of a demo car with slightly less options and the fact that 2014 model year is out in abundance I would suggest to try for more like 12-15K/yr lease with 2 services included in the lease price for 0 down 422/month.
John

#3019 of 3027 Re: Lease info for 2014 E350 4Matic Sport [jtravers] by Car_man HOST

Jun 17, 2013 (4:26 pm)

Replying to: jtravers (Jun 01, 2013 11:23 am)
Here you go jtravers. Mercedes-Benz Financial's June buy rate lease money factor and residual value for a 36-month lease of a 2014 E350 Sport 4Matic with 12,000 miles per year are .00137 and 61% for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#3020 of 3027 Re: 36-month lease of a 2014 E350 Sedan 4Matic with 10,000 miles [ankurchopra87] by Car_man HOST

Jun 17, 2013 (4:29 pm)

Replying to: ankurchopra87 (Jun 11, 2013 7:35 am)
Hi ankurchopra87. Mercedes-Benz Financial's June buy rate lease money factor and residual value for a 36-month lease of a 2014 E350 Sedan 4Matic with 10,000 miles per year are .00137 and 62% for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#3021 of 3027 Re: 36-month lease of a 2014 E350 Sedan 4Matic with 10,000 miles [Car_man] by ineedacar5

Jun 17, 2013 (6:10 pm)

Replying to: Car_man (Jun 17, 2013 4:29 pm)
What do you think of this deal? I feel like it is still too high, but I have never negotiated an E550 before.
 
Car: 2013 E550 4-matic
Retail: $72,840
Sale Price: $62,840
Residual:
63%
.00205
 
Lease includes, tax and maintenance with 15k miles per year
24 Month lease:
0 down: $1,041 per month
1k down: $997.50
2K down: $954
 
30 month lease:
0 down: $954.08
1k down: 918.87
2k down 883.66
 
36 month lease
0 down: $874.49
1k down: $844.81
2k down: $815.13
 
Thoughts? Also, every $1,000 off equates to about $50.00 off your monthly lease amount...correct?
 
Thanks in advance.

#3022 of 3027 Re: 36-month lease of a 2014 E350 Sedan 4Matic with 10,000 miles [ineedacar5] by dewarsandsoda

Jun 17, 2013 (7:37 pm)

Replying to: ineedacar5 (Jun 17, 2013 6:10 pm)
Hi ineedacar5,
Given that the 2014's are now available, I suspect that you could push for an additional discount on the final sales price.
 
Additionally, I would recommend not putting any money down. Rather, you should take those moneys and consider MSD's and autopay to 'buy down' the MF as this will naturally reduce your monthly lease, and you get the MSD's back at the end of the lease term. My two rupees.
 
Cheers!

#3023 of 3027 Re: 36-month lease of a 2014 E350 Sedan 4Matic with 10,000 miles [dewarsandsoda] by ineedacar5

Jun 17, 2013 (8:16 pm)

Replying to: dewarsandsoda (Jun 17, 2013 7:37 pm)
Does the MF and residual look accurate? I am new to leasing, so it is a little overwhelming.

#3024 of 3027 Re: 36-month lease of a 2014 E350 Sedan 4Matic with 10,000 miles [ineedacar5] by dewarsandsoda

Jun 18, 2013 (6:23 am)

Replying to: ineedacar5 (Jun 17, 2013 8:16 pm)
Hi ineedacar5,
 
Carman would be your most accurate source for the base rate MF and RV. I had heard that the buy rate MF for 2013 E550 has been raised to 0.00205. Two other alternatives on triangulating MF could be as follows,
  
1. Call several other MB dealerships and ask them for the MF's for top tier credit on an 2013 E550. Hopefully, you will get equivalent MF's, so you will be able to triangulate.
2. Check ridewithg.com as sometimes he posts the MF
 
In regards to the RV, I have a hard time believing that the 63% RV is identical for 24, 30, and 36 mo leases. MB has sometimes offered a pull ahead program where they extend the RV for leases of 3 additional months (i.e., same RV for 24 months applied to 27 mo).
 
Don't be discouraged. Leasing is not that daunting. Once you understand the math and key variables, you are in a powerful negotiating position.
 
Cheers!

#3025 of 3027 Re: 36-month lease of a 2014 E350 Sedan 4Matic with 10,000 miles [ineedacar5] by ghstudio

Jun 18, 2013 (10:24 am)

Replying to: ineedacar5 (Jun 17, 2013 8:16 pm)
Please keep checking in here for leasing tips and advice BEFORE you sign anything. For example, if you are paying the full mf, then you can take advantage of multiple security deposits....info on that is in this thread...or ask. Also, you want to include mercedes basic maintenance in your lease payments because it may cost far less than if you wait and pay as you go. More on that too, if you need it. Make no "capital cost reduction" up front...use the money for multiple security deposits. Note: your salesman will probably have no clue what multiple security deposits are or why they are a good deal....make him read the mercedes financing manual.
 
residuals you have are absolutely wrong...

#3026 of 3027 Re: 36-month lease of a 2014 E350 Sedan 4Matic with 10,000 miles [ghstudio] by ineedacar5

Jun 18, 2013 (2:15 pm)

Replying to: ghstudio (Jun 18, 2013 10:24 am)
Thanks for the tips. Where can I find accurate residuals, especially for an 2013 E550?

#3027 of 3027 Re: 36-month lease of a 2014 E350 Sedan 4Matic with 10,000 miles [ineedacar5] by Car_man HOST

Jun 18, 2013 (3:54 pm)

Replying to: ineedacar5 (Jun 18, 2013 2:15 pm)
Hi ineedacar5. I believe that Mercedes-Benz Financial's current buy rate lease money factor and residual value for a 36-month lease of a 2013 E550 4Matic with 15,000 miles per year are .00205 and 58% for consumers who qualify for its Tier 1 credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
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