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Mercedes-Benz E-Class Lease Questions

2971 messages,  Last post on May 18, 2013 at 10:44 AM

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

Messages Page 176 of 298

#1745 of 2971 Re: E350 and bluetec # for Sept vs Aug please carman [pitbull666] by Car_man HOST

Sep 05, 2011 (1:27 pm)

Replying to: pitbull666 (Sep 01, 2011 10:51 am)
Hi pitbull666. Mercedes-Benz Financial's new September buy rate lease money factor and residual value for a 24 month lease of a 2011 E350 Sedan with 15,000 miles per year are .00192 and 67%, respectively for consumers who qualify for its top credit tier.
 
The numbers for an otherwise identical 30 month lease are .00192 and 62%.
 
It's possible that Mercedes is allowing consumers to lease vehicles for 33 months using its 30 month program this month if it qualifies for its "Value Added" program.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1746 of 2971 Re: E350 and bluetec # for Sept vs Aug please carman [Car_man] by chalkie1

Sep 06, 2011 (3:36 am)

Replying to: Car_man (Sep 05, 2011 1:27 pm)
What are the September money factors and residuals for a 12000 mile/24mo. lease, specifically on an e class blue tec diesel? Also, is there a "one pay" option, like offered by BMW, where all the lease payments are payed in one lump sum payment up front, which offers a greatly reduced money factor?

#1747 of 2971 Re: E350 and bluetec # for Sept vs Aug please carman [Car_man] by alexanderv

Sep 06, 2011 (12:54 pm)

Replying to: Car_man (Sep 05, 2011 1:27 pm)
Hello Car_man,
 
Based on your post, it appears that the residual values for September are 2% lower than in August for that E350? Can you please confirm this? Is this decreased on the E350 BT as well?
 
Thanks...Alex

#1748 of 2971 Re: E350 and bluetec # for Sept vs Aug please carman [chalkie1] by Car_man HOST

Sep 12, 2011 (5:00 pm)

Replying to: chalkie1 (Sep 06, 2011 3:36 am)
Hi chalkie1. Mercedes-Benz Financial's September buy rate lease money factor and residual value for a 24 month lease of a 2011 E350 Bluetec with 12,000 miles per year are .00192 and 76%, respectively for consumers who qualify for its top credit tiers.
 
The last time that I checked, MB Finance did indeed offer a one pay option that provided a .00110 money factor reduction to consumers who choose to go that route.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1749 of 2971 Re: E350 and bluetec # for Sept vs Aug please carman [alexanderv] by Car_man HOST

Sep 12, 2011 (5:02 pm)

Replying to: alexanderv (Sep 06, 2011 12:54 pm)
Hi Alex. I just double checked the numbers that I posted in the message that you referenced and they are indeed correct.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1750 of 2971 E350 bluetec by carlos3555

Sep 12, 2011 (7:16 pm)

Hi I ave a question regarding a 2011 bluetec lease, the offer is as follows:
 
Downpayment/ inception $2800
Miles /year 10k
Payment $569.00 tax included
Msrp $59,625 p02 premium package
 
I am hesitant to pullnthe trigger based on the numbers I am seeing posted does anyone have any thoughts? Thanks for any input.

#1751 of 2971 Re: E350 bluetec [carlos3555] by ghstudio

Sep 12, 2011 (7:39 pm)

Replying to: carlos3555 (Sep 12, 2011 7:16 pm)
While I don't know your credit tier, that's may not be a great lease deal if you are eligible for the "conquest" money (your last car must have been one of the manufacturers they are trying to conquest....ask the dealer....it's $4000)...and you should be getting a big discount off MSRP as well.
 
First, the payment should be the first month's monthly lease payment and registration fees. Something else is obviously in that $2800.
 
Second: What is your dealer charging for an acquistion fee. Mercedes finance charges $795 but many dealers give themselves another $300 profit and try to charge $1095 (I'll let you decide and negotiate which you want to pay).
 
The money factor for that car is .00194 and the residual value for September should be 77% of the sticker MSRP on the car. for a 10k/year lease....and that's what your dealer should be using (some try to play with these numbers).
 
What is the negotiated price you're paying for the car (how much are they giving you off the sticker price)?

#1752 of 2971 Re: E350 bluetec [ghstudio] by carlos3555

Sep 12, 2011 (7:49 pm)

Replying to: ghstudio (Sep 12, 2011 7:39 pm)
I currently have a BMW and the 4k "conquest money" is factored in already. How much is a reasonable reduction in the msrp? I believe they may have brought down the msrp by another 4k. they havent been willing to negotiate the price since they say the car is in high demand

#1753 of 2971 Re: E350 bluetec [carlos3555] by ghstudio

Sep 12, 2011 (8:28 pm)

Replying to: carlos3555 (Sep 12, 2011 7:49 pm)
8K off MSRP is reasonable...it's about what I got last month on almost exactly the same car. But there is still something wrong with the numbers. Did you buy prepaid maintenance or is there some other fee or are you in one of the states where you have to pay all the tax up front???? How about the answers to the other questions (acquisition fee/mf/residual being used)....
 
I just ran your rough numbers...assuming 8K off MSRP, $795 acquisition fee and a dealer prep of $695 (what I paid) and your payment without tax and paying only the first month lease and registration fees up front...rolling all other fees into the lease....I come up with approx $510/mo plus tax.
 
BTW...if you have about $4500 that you're willing to loan Mercedes as "multiple security deposits", your monthly payment would go down to about $442/mo plus tax AND you will get that $4500 back at the end of the 24 month lease...it is a security deposit, not a down payment.

#1754 of 2971 Re: E350 bluetec [ghstudio] by carlos3555

Sep 12, 2011 (8:42 pm)

Replying to: ghstudio (Sep 12, 2011 8:28 pm)
I am in Florida, the 2,800.00 includes 1st month, acquisition, dealer prep and bank fees. I do not know the residual value right now and the $569 payment includes 7.5% tax. I know they were running numbers based on tier 1 credit, any suggestion on what to counter offer tomorrow?

Messages Page 176 of 298

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