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Last post on Jun 18, 2013 at 3:54 PM
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Mercedes-Benz E-Class, Car Leasing, Sedan, Wagon
#1668 of 3027 Re: 2011 E350matic: 33 month / 15K [wmdeck]
by Car_man HOST
Jun 30, 2011 (5:39 pm)
Hi wmdeck. Mercedes-Benz Financial's June residual value for a 36 month lease of a 2011 E350 4Matic Sedan with 15,000 miles per year is 56%.
I don't believe that MB Finance is currently providing any lease money factor support on this car. As a result, if you were to lease one through it right now you would have to use its standard lease money factors. These factors vary by region. the last time that I checked, its standard factor for Tier 1 customers was around .00250.
Car_man
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#1669 of 3027 Re: 2011 E350 MF's & RV's [dewarsandsoda]
by Car_man HOST
Jun 30, 2011 (5:45 pm)
Hello dewarsandsoda. Mercedes-Benz Financial's current buy rate lease money factor and residual value for a 36 month lease of a 2011 E350 Sedan with 12,000 miles per year are .00240 and 58%, respectively for consumers who qualify for its Tier 1 credit tier.
The numbers for an otherwise identical lease of an '11 E350 4Matic are the same.
If you were to lease with only 10,000 miles per year these residual values would be 1% higher.
In addition to $1,500 loyalty cash, Mercedes is providing dealers with a certain number of special certificates that are worth thousands in additional discounts on this car.
Car_man
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#1670 of 3027 Re: New E350 first timer [kyfdx]
by manku
Jul 02, 2011 (11:01 am)
Mostly true...however, if you comparing cars, you always want the lowest money factor (interest rate) possible.
For example, I was comparing the A4 Avant vs. 328xi wagon...while the payments were very similar, the bmw had a much higher residual/money factor vs audi lower residual/interest rate. Same monthly for similar MSRP.
If you keep the cars till maturity, they are a wash...however, if you want to get rid of the car earlier, then the lower residual works much better.
Also, I always advocate ZERO drive off leases...reason being, if your car is stolen/totaled in the first month (or even year), you won't be out registration/aquistion fee/down payment...even first payment. Worth it to pay a few bucks extra interest, IMO. As an example, you drive off lot and car is stolen. With ZERO drive off, you are only out your insurance deductible. With money down, you are out that (for CA driver, first month/registration/aquisition = $1500+for any luxury car minimum) PLUS deductible. Heck, if you drive your car for 30 days, gets totaled, and your deductible is $500, you might even MAKE money! (though of course your premiums will increase!)
#1672 of 3027 Conquest, incentives, and rebates
by davejh
Jul 13, 2011 (8:28 pm)
Hi Carman:
Besides the Conquest of $4000 on the 2011 E class, what are the other less commonly known incentives that I might be missing. Customer Advocacy Program for $2600? $1500 certificates? $1500 Loyalty rebates? Can they all be combined? Are any one of them expired already? Please correct me if the information I got is wrong.
Also, what is the residual on a E350 with a 12000 miles per year lease for 33 months?
Thank You,
Dave
#1673 of 3027 Lease E350 convertible
by drejw2
Jul 13, 2011 (11:08 pm)
I am returning my 2009 clk 350 leased car and picking up a E350 convertible. After research, I found out I am looking for something around $57,500. The car I am returning qualifies for early return and has only 20K miles on it and residual is $30K. Just in case I don't get a good deal I am tempted to just purchase it.
What will my monthly payment be for a 10K, 36 months lease?
How do you calculate residual and what is the money factor on it?
Thank you for your help.
#1674 of 3027 Re: m350 lease offer [shaggykenobi]
by luvmb
Jul 14, 2011 (7:40 am)
Hi shaggykenobi
The deal you got sounds great. I was wondering where u purchased the car n name of the sales person.
Thanks
#1675 of 3027 Re: Conquest, incentives, and rebates [davejh]
by Car_man HOST
Jul 14, 2011 (4:09 pm)
Hi Dave. I believe that the Customer Advocacy allowance on the E350 is currently $1,900. As you mentioned the loyalty cash is $1,500. I'm not sure if these offers can be combined, but I suspect that they can be.
Mercedes-Benz Financial's residual value for a 30 month lease of a 2011 E350 Sedan with 12,000 miles per year is 65%.
Car_man
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#1676 of 3027 Re: Lease E350 convertible [drejw2]
by Car_man HOST
Jul 14, 2011 (4:12 pm)
Hi drejw2. This car's monthly payment will depend upon what its selling price is. A 36-month, 10,000 mile per year lease on a 2011 E350 Convertible that has an MSRP of $57,500 would be $779 before tax with a $1,000 discount. This would drop to $750 with a $2,000 discount and $721 with a $3,000 discount.
I used a money factor of .00134 and a residual value of 57% to calculate these payments.
Car_man
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#1677 of 3027 Re: Lease E350 convertible [Car_man]
by rawbomb
Jul 16, 2011 (3:53 pm)
Hi Carman
I was just offered an e350 sedan premium 1 at an msrp of 54,995. The selling price they offered me was 46,709 with a monthly payment of 464 plus tax at 33 months. Is this a good deal or should i hold out for more? They are giving me the 4k conquest from owning a bmw.