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Mercedes-Benz E-Class, Car Leasing, Sedan, Wagon
Oct 06, 2011 (3:48 pm)
Hi enano74. Mercedes-Benz Financial's October buy rate lease money factor and residual value for a 36-month lease of a 2011 E350 Sedan with 7,500 miles per year are .00192 and 56%, respectively for consumers who qualify for its top credit tiers.
As far as the selling price goes, this car probably has a spread of between $3,500 and $4,000 between its full MSRP and its dealer invoice price. Add the $4,000 conquest to that and you have a total of $7,500 to $8,000 to play with. I personally don't think that you're going to be able to swing $10,000 off. Probably something like $7,000 is more likely.
Prices Paid: Buying & Leasing Experiences Forum
#1850 of 3245 Re: October? [Car_man]
Oct 06, 2011 (6:52 pm)
Is the same info available for a 2012 coupe with 10,000 miles on a 24 or 36 month lease?
#1851 of 3245 Re: leased a 2011 e350 [chuckjr]
Oct 07, 2011 (12:25 pm)
Will you please provide the details of the subject lease?
#1852 of 3245 Re: 2011 E350 Bluetech Lease [dewarsandsoda]
Oct 07, 2011 (12:37 pm)
Picked up my wife's 2011 E350 Bluetech on 10/1, and the details of my deal are below.
Arctic white, P1, Split folding seats, Spoiler kit, parktronic, sport pkg, and tinted windows
Final sales price: $50740 (includes $4000 Conquest)
Cap Cost: $51585 (includes marked up acquisition fee $1095)
RV = 76%
MF = 0.00112 (includes MSD & autopay)
Downpayment: $250 (split cost of tint with dealer)
Upfront: Down + DMV + 1st month = $1200
Monthly payment = $460 (includes 7.75% tax)
MSD = $4800
What was the original money factor prior to putting down the $4,800 dollars (MSDs)? Do you get all the MSDs back at the end of the lease?
Oct 07, 2011 (12:45 pm)
I negotiated for 3 days. Only 2011 Bluetec left:
TERMS: 24 months/10k miles per year
I live in Texas, so we must pay sales tax on ENTIRE car. Luckily, I "qualified" for the Conquest $4,000 credit, which more than offset taxes. I didn't use MSDs, but thinking now maybe I should have.
I paid only $1,000 at closing for registration and acquisition fee.
Thereafter, 24 payments of $553 per month.
Is that a decent deal? I thought it was considering the dealership's first offer was $4,200 down (to cover taxes, registration, and acquisition fee) and $749 per month.
#1854 of 3245 Re: Good Deal? [texasplaythin]
Oct 07, 2011 (12:58 pm)
Is the good 24 month lease deal that I am seeing on this board only on the 2011 E350 Bluetec? What are the money factor and residual % on a 2011 E350 4 Matic for 10k miles and 24 months?
#1856 of 3245 Re: 2011 E350 Bluetech Lease [texasplaythin]
by kyfdx@Edmunds HOST
Oct 07, 2011 (2:24 pm)
Also looks like the two-year plan couldn't be residualized in either case....
#1857 of 3245 Re: Good Deal? [texasplaythin]
Oct 07, 2011 (2:42 pm)
Coupling your info with assumptions, based on prior posts, I made the following calcs below.
RV 77% = $45392
Sales price = $50450 ($8500 off list)
Cap Cost = $51245
Monthly depreciation = (Cap Cost - Residual)/24 = $244
Monthly interest charges = (Cap Cost + Residual) x MF = $186
Monthly taxes* = Sales price 8.25% / 24 = $173
Monthly lease payment = $603
If you had done MSD (MF=0.00112), I calculate a monthly lease payment of $526. All in all, it seems like you did well.
*I'm not sure if I calculated the taxes correctly, but you noted that you have to pay sales tax on the full purchase price.
#1858 of 3245 2012 E350 Conquest Cash
Oct 07, 2011 (4:26 pm)
Anyone have an opinion if the 2012 E350 will
get conquest cash yet this year?