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Mercedes-Benz E-Class Lease Questions

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

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

Messages Page 182 of 298

#1804 of 2973 Re: 2011 E350 Bluetech Lease [dewarsandsoda] by ghstudio

Sep 27, 2011 (6:49 pm)

Replying to: dewarsandsoda (Sep 27, 2011 5:15 pm)
Dewars....
 
sit down with them and ask them to call Mercedes Finance who will explain MSD's to them. My MB dealer (salesman, marketing manager, gm) had no idea what I was talking about...but the marketing manager called MB Finance and they gave him the information on how MSD's worked and how to calculate the lease. I was the first customer to ask about or use MSD's in the five years since these folks (a very large national dealer chain) bought the dealership. I have used MSD's on my last four leases on BMW's and infiniti's and in each case, I went thru the same thing...dealer had no idea what I was talking about, called and found out. It's a great financial deal for you, the buyer, if you can afford to be without the MSD cash for the term of the lease, and of course you get it back unlike a downpayment.

#1805 of 2973 Re: MF and RV on E350 for Sept [Car_man] by aawaara

Sep 27, 2011 (8:40 pm)

Replying to: Car_man (Sep 27, 2011 5:14 pm)
Thanks for the response Car_Man.
 
Today I got following deal on E350 4Matic
 
Sticker Price: $51,900.00
Options: $4,440.00 (P1, Sports, Split folding seats)
Dest Charges: $875.00
Total MSRP: $57,215.00
Residual percentage: 66%
Negotiated Cost: $48,500.00
33 Months w/ 7.5K miles
Money factor: 0.00182 w/ auto pay --- (0.00192 w/o auto pay)
Lease payment $482.39
NY Tax - 8.625% $41.61
Total Lease payment $524.00
 
I am planning to give them a deposit tomorrow and pickup the car on Fri. Please let me know, what you think about the deal. Should I ask for 67% RV as it will drop my monthly cost to $466.10 ($506.30 with taxes).
 
Thanks again everyone for all your help...

#1806 of 2973 2012 E350 COUPE - Lease please help! by dadcar72

Sep 27, 2011 (10:59 pm)

Hey all, You helped me buy a 2011 E350 recently and I'm eternally grateful. Can you help me figure out this lease? Looking at the following car
 
E350C $49,800
890 Lunar Blue $720
205 Almond/Mocha Leather
Sport package, P1, Spoiler
                                                                    
     SUBTOTAL $56,410
     DESTINATION & DELIVERY $875
     TOTAL $57,285
 
His offer:
 
2012 E350 coupe
36mo
15k miles
$2500 drive off
725/mo. (this already includes discounts and autopay)
 
I qualify for these discounts (if they apply): competitor conquest, loyalty discount, current MBFS loan holder.
 
Is this too much? I was hoping to be under 700 but he isn't budging. Need some suggestions from you all.
 
Details of the car below
 
Thanks for your input!

#1807 of 2973 Re: MF and RV on E350 for Sept [aawaara] by jwilliams2

Sep 28, 2011 (5:50 am)

Replying to: aawaara (Sep 27, 2011 8:40 pm)
Should I ask for 67% RV as it will drop my monthly cost to $466.10
 
Residuals are set by Mercedes-Benz Credit, not the dealer, and can't be changed.

#1808 of 2973 answers by ghstudio

Sep 28, 2011 (6:36 am)

aawara...you might try to get them to throw in some maintenance as a "sweetner".
 
dadcar....I did a quick calculation, not knowing the residual for 36 mos/15K miles per year, but I assumed 61% and a MF of .00194. I also assumed that you could buy that car for $50K including the dealer administration fee. I assumed a $795 lease acquisition fee. I did not assume autopay. If my assumptions are close, your monthly payment should be around $605 plus tax. That assumes you pay only the first months lease payment plus any registration fees up front ...far less than $2500.
 
Using the same assumptions, with 10 MSD's, your monthly payment would drop to $546/mo....you would "loan" mercedes $6050 for the length of the lease and then you would get that money back. You would save roughly $2124 over the three years by doing this. Can you earn $2124 on $6050 over three years some other way???? If that money sat in a CD, it would earn less than $400 over the same time period. If you can afford it, think about using MSDs.

#1809 of 2973 Re: MF and RV on E350 for Sept [jwilliams2] by jk16

Sep 29, 2011 (5:45 am)

Replying to: jwilliams2 (Sep 28, 2011 5:50 am)
I'm about to buy e350 class blue tec and I simply want to know if on the east coast are they for sale yet? They are pushing me on 2011 model, no blue tec left plus they did not make them in a 4 matic until 2012 and their saying in NY you wouldn't want to buy without the 4 matic.

#1810 of 2973 Re: answers [ghstudio] by aawaara

Sep 29, 2011 (5:46 am)

Replying to: ghstudio (Sep 28, 2011 6:36 am)
aawara...you might try to get them to throw in some maintenance as a "sweetner".
 
ghstudio thanks for the advise... I spoke with the dealer and told him that I wanted All Season Mats and 3 years service included in the price...
 
First he was like, I don;t know, I am not making any money on the deal, I am losing money on the deal.... then he told me he will get back to me after speaking with his manager. 30 min later, he called and told me we had a deal. I gave him a deposit and will sign all the paper work and pickup the car tomorrow.
 
Thanks to this forum and everyone, I was able to save lots of money because I was well informed. Thanks again for all your help everyone.

#1811 of 2973 Re: MF and RV on E350 for Sept [jk16] by aawaara

Sep 29, 2011 (5:52 am)

Replying to: jk16 (Sep 29, 2011 5:45 am)
The dealer was trying to push the BlueTec. He said, we would have to order (even without seeing it) and had to give him multiple color choices, so which ever he would be able to locate, we will have to buy that one. He also did not have one to test drive, so I did not want to buy something without test driving it. It was a 2011 E350 BlueTec fully loaded. He came down to $460 a month on 24 month lease. I am not sure about the 2012.

#1812 of 2973 Does anyone know... by jk16

Sep 29, 2011 (8:23 am)

Are 2012 e350 sedan blue tec available now?

#1813 of 2973 Re: MSD on Bluetech [ghstudio] by dewarsandsoda

Sep 30, 2011 (7:18 am)

Replying to: ghstudio (Sep 27, 2011 6:49 pm)
Thanks for the guidance, ghstudio, as I totally agree that by utilizing MSD, one drops the interest rate by almost 2pts. Related to MSD, several dealers are telling me that MB Financial will not do MSD on the buy rate MF (0.00192). One can only do it on their marked up rate (ranges from 0.00210-0.00235). Is this accurate?

Messages Page 182 of 298

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