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Mercedes-Benz E-Class, Car Leasing, Sedan, Wagon
#1636 of 3028 Re: Mercedes Lease E350 [losang30]
Jun 02, 2011 (6:32 am)
P1 E350 sticker is around $54 so they're giving you $5k or so off, not bad. However, if you are coming from another E there is $1900 incentive plus .00210 mf (better than regular .00240)
There is also another $1500 the dealers have on this car right now. Try to get them to 10% off and the incentive $$$. Purchase and lease should be the same price, but they have the incentive $$$ in only the lease I believe, that's why it's different.
I just picked up a loaded P2 w/panorama and leather for $52,500, sticker is $62,130. I was coming out of a 2009 and since it was worth more than payoff I had some equity in it - enough to cover first, tags and bank fee. Payment is $520 plus tax with no cap reduction, 24 mo.
Jun 02, 2011 (3:04 pm)
How attractive are the current lease deals on the E63 AMG. I would be interested in 36/39 months at 10K miles per year. Any other cash incentives I should be aware of? My current E63 lease is ending soon. I got a great deal 3 yrs ago but am wondering how things look currently. Any help would be appreciated.
#1638 of 3028 Re: JUNE E350 BLUETEC LEASE RATES [chalkie1]
by Car_man HOST
Jun 06, 2011 (4:37 pm)
Yes, chalkie1, Mercedes' June lease program for the E350 Bluetec is exactly the same as its May program was.
Prices Paid: Buying & Leasing Experiences Forum
#1639 of 3028 Re: E63 [jim53]
by Car_man HOST
Jun 06, 2011 (4:42 pm)
Hi jim53. Mercedes is not currently providing any lease support on the E63 AMG. This means that if you were to lease one through Mercedes-Benz Finance that you would have to use its standard lease money factors. I believe that these vary by region, but generally speaking they should be around .00240 for consumers who qualify for its Tier 1 credit tier.
MB Finance's current 36 month, 10,000 mile per year residual value for this car is 60%.
Mercedes is not providing any cash incentives on this car either. So in answer to your question about whether there are great deals available on he E63 right now, the answer is not really.
Prices Paid: Buying & Leasing Experiences Forum
#1640 of 3028 Re: E63 [Car_man]
Jun 07, 2011 (10:32 am)
Thanks Car_man. Are they offering 24 or 39 month lease terms as well and if so how do the numbers change?
Jun 07, 2011 (11:21 am)
Neat forum..Thanks in advance to anyone who answers.
Looking at 2011 E550, package 2 plus some options MSRP around $72k.
1. What is the general discount from MSRP I should target?
2. What is approx. money factor and residual % right now? Is the factor negotiable at all w/ MB? I was able to negiotate (via the dealer) with GMAC (now Ally) for my CTS-V, but new to MB. Are there any programs?
3. General feelings on leasing a 550 vs. 350? Seems to be a much lower residual (not surprised since its more niche) and less programs.. but sometimes that also drives incentives.. is it better to wait until new year, etc.
4. Oddball question - I am considering the European Delivery option.. Program says 7% off MSRP.. does anyone know if this is negotiable? I suppose depedning on the answer to #1, this may not be an economical option (I can always pay for my own trip). Obvioulsy, it would be neat either way, but if current discount is alot more than 7, not worth it.
Again, thanks. First time MB, very excited.
#1642 of 3028 Re: E550 Question [mbusa550]
Jun 07, 2011 (11:27 am)
Sorry - forgot 2 obvious factors.. 12k mileage and 36/42/48 months if anyone has those.
#1643 of 3028 Re: E550 Question [mbusa550]
Jun 07, 2011 (2:51 pm)
I'm in a similar situation as I was looking at a 2011 E550 for my wife until I learned that '12 E350 should feature a 302hp engined with improved fuel economy. I don't remember the changes, if any, that will be made to the '12 E550. My MB dealer has advised me that the 2012's will be in showrooms in late August/early September.
Naturally, the availability of 2012 models puts you in a stronger position when negotiating either to purchase or lease a 2011. I've decided that come Aug/Sept, I will either,
- Lease a 2012 E350 - Depends on the RV and MF on the 2012, coupled with the incentives available at the time for a loyal MB owner, or
- Purchase a 2011 E550 - Push for a price $2000-2500 below Invoice (not including any MB incentives)
Speaking to Q4, I have not done MB's European Delivery Program, but I did do Audi's program and I suspect the two are similar. The Audi dealer had minimal ability to discount the purchase price as he had to stick to the corporate percentage off of list. (I confirmed with other Audi dealers at the time, and they were in similar positions.) However, he did provide a few aftermarket items. I would approach the European Delivery Program not as a mechanism to get a good deal, but rather as a means to justify a needed vacation.
I can't speak to the RV and MF for this month, and I would recommend sourcing the info from CarMan.
My two rupees...
#1644 of 3028 Re: E550 Question [dewarsandsoda]
Jun 07, 2011 (4:55 pm)
Thanks dewarsandsoda [although I prefer Johnnie]-,
Figured that on the Euro delivery.. I have already been to the MB factory museum and many of the sites (albeit not in my very own MB), so unless it was a good financial deal, I will probably pass. Good advice on waiting until August or so, works perfect for me, my CTS-V lease ends in August.
So, you think below invoice, thats good to know. I'll wait to see if CarMan can answer the rates.
Jun 11, 2011 (8:46 pm)
I am set on a E350 Steel Grey p2 package, 18" AMG wheels, accessory styling package, Ac power outlet for potential lease or purchase.
The MSRP is $58,920.00
After going back and forth they will do the following. They will keep it available for me till tomorrow
Lease it out at 600.00 a month for 33 months, includes 15k (excluding tax). 1400 drive off, includes TAX, license and 1st month. Tax includes, I am looking at 650 a month.
Purchase it out.
The purchase price of $49870.00.
I think the purchase price is an aggressive number.
Can anyone give me any advice. Which way to go. I like the lease, but the purchase price seems almost too good to be true.
I dont have a current MB or a Conquest vehicle and as result there are no incentives there.