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Mercedes-Benz E-Class Lease Questions

2973 messages,  Last post on May 21, 2013 at 1:00 PM

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

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

Messages Page 174 of 298

#1730 of 2973 Re: AUGUST # PLEASE CARMAN [pitbull666] by Car_man HOST

Aug 15, 2011 (4:43 pm)

Replying to: pitbull666 (Aug 10, 2011 3:31 pm)
I'd be happy to help you out, pitbull666. Mercedes-Benz is not currently providing any lease support on the 2011 E350 Sedan. As a result, if you were to lease one through Mercedes-Benz Financial right now you would have to use its standard lease program. Its current buy rate standard lease money factor is around .00240 for Tier 1 customers, though this may vary somewhat by region. The same thing goes for the Bluetec.
 
The residual values for these cars are as follows: '11 E350 Sedan 69% for 24 months and 54% for 36 months. The numbers for the 350 Bluetec are 75% / 59%.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1731 of 2973 Re: Lease E350 [Car_man] by alexanderv

Aug 15, 2011 (4:59 pm)

Replying to: Car_man (Aug 15, 2011 4:38 pm)
Hello Car_Man,
 
What about this Customer Advocacy dealer cash? Can this be combined with any of those other incentives?
 
Thanks...Alex

#1732 of 2973 Re: AUGUST # PLEASE CARMAN [Car_man] by pitbull666

Aug 15, 2011 (5:28 pm)

Replying to: Car_man (Aug 15, 2011 4:43 pm)
Hello,
 
Is the residual calculated on the MSRP of the car or the final sale price?
 
It looks like the 24 months 75% residual on bluetec is the way to go.
 
thx

#1733 of 2973 GUYS I NEED SERIOUS HELP by socalsl5

Aug 15, 2011 (10:36 pm)

Sorry to chime in with a random topic guys, but I NEED MAJOR HELP. I am currently in a lease contract for a 2009 E350 and am getting KILLED on the payments because I had the negative equity from my SL500 rolled into the payments. Yes, VERY stupid I know.
I keep getting called by my local MB dealer to come in and trade my car for a newer one, so wanted to get some feedback on what payments I should be expecting with my situation so I dont get screwed again, including any and all incentives MB is currently offering for a returning customer. Looking to trade it in for a new E-class... I reeeally would appreciate your help, thanks in advance.
 
Here are the details of my current deal:
Bought my car: 8/2009
Current Monthly Payment: $915
Present Payoff Quote as of 8/2011: $39,821
Days Remaining on Contract: 801 days
 
I have checked out all of your payment quotes, so Im wondering how much different mine will be...
 
Thank you !!!

#1734 of 2973 Re: Good Deal?? by bfran1969

Aug 18, 2011 (4:50 pm)

Replying to: fatcat71 (Aug 12, 2011 5:24 am)
I just finalized a 33 month lease on a 2011 E350 Sport (Steel Grey with Ash/Black Interior) with Premium Package 1 and Split/Folding Rear Seat at Patterson Mercedes in Wichita Falls, Texas.
 
MSRP = $55,435
Sale Price = $48,266 (Invoice plus $150 with Conquest Discount of $4,000)
Residual = 63%
Money Factor = 0.0025
Trade In = $4,000
Acquisition Fee = $795
Payment = $467.60 (Depreciation and Finance Fees Only)
 
All other fees, including 36 month maintenance for $769, are being paid up front. The maintenance fee was residualized at the 63% rate to increase the residual value decreasing the depreciation fee by almost $15 a month. Total out of pocket including first month payment is $2,949.13.
 
Total cost over the lease period dropped about $5,000 by reducing from a 36 month lease to a 33 month lease.
 
Watch the lease calculations closely. The program that the dealer was using would pull any fees and the first payment from the down payment or trade in by default. I had to provide calculated values for the up front payment in order to get the lease to calculate properly. This default is in their best interest as you pay additional financing fees on that money. I suggest reading www.leaseguide.com very closely before dealing.

#1735 of 2973 Re: Good Deal?? [bfran1969] by kyfdx HOST

Aug 18, 2011 (5:14 pm)

Replying to: bfran1969 (Aug 18, 2011 4:50 pm)
So... your upfront money was the $4K trade value + $2950?
 
Then, tax on the $467.60?
 
Just asking.... might have to put this one on the list..

#1736 of 2973 E350 lease by b2y

Aug 21, 2011 (11:02 pm)

I got a 33 mo lease for e350 sport, silver metallic, P1 package, 20k miles allowance per yr.
$2000 out the door including 1st mo payment
$620 plus tax monthly.
What do you guys think of the deal?

#1737 of 2973 Going in tomorrow to look at E350 by eazyduzit

Aug 22, 2011 (11:25 pm)

Have an offer to waive last 4 payments on my c300 plus got $1,500 loyalty letter in the mail. Wanting to upgrade to 2011 P1 E350 sport. I'm in Las Vegas. Tier 1 credit.
 
Looking for a baseline for reasonableness for when I go in. Can anyone help?

#1738 of 2973 Re: Lease E350 [alexanderv] by Car_man HOST

Aug 23, 2011 (4:25 pm)

Replying to: alexanderv (Aug 15, 2011 4:59 pm)
That's an excellent question, alexanderv. I am not sure if they are compatible, but I suspect that they are not.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1739 of 2973 Re: AUGUST # PLEASE CARMAN [pitbull666] by Car_man HOST

Aug 23, 2011 (4:31 pm)

Replying to: pitbull666 (Aug 15, 2011 5:28 pm)
Hello pitbull666. Vehicles' residual values are based upon a percentage of their full MSRPs, including the destination charge and any options that can be residualized.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

Messages Page 174 of 298

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