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Mercedes-Benz E-Class Lease Questions

2975 messages,  Last post on May 23, 2013 at 4:10 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 196 of 298

#1950 of 2975 Re: What's the best lease price I can expect to pay on a 2012 E-350 Sedan Luxur [snooplives] by ghstudio

Oct 30, 2011 (7:57 am)

Replying to: snooplives (Oct 29, 2011 12:57 pm)
A lease on the diesel will be significantly cheaper due to the much higher residuals. For the 2011's, the lowest cost leases were 24 month on the Diesel and that might well still be the case. The diesel is a great car unless you do jackrabbit starts...so at least drive it.
 
Just walking in the door, you should get about 4-5% off the MSRP. You are right...first months payment plus registration fees when you pick up the car, everything else gets rolled in. Use Multiple Security Deposits....I've written lots about them in this forum (and some others)...it's the best deal in town. If your salesman doesn't know about MSD's,find someone that does in the dealership because when they don't know about how they work, they will dis them...not worth it, etc. Of course you have to be able to loan Mercedes $6000 or so for the length of the lease, but you get that back.
 
USAA...good luck...you can join and still not be eligible. I think you have to have insurance with them and that requires you to qualify.
 
If you are driving (or own) a higher end car now....infiniti,bmw, audi,.... ask about "conquest" money...should be $2000 on a 2012....and that's in addition to that 4-5%.
 
Consider adding mercedes maintenance plan to your lease. this one is tricky...first it must be mercedes plan,not some "better" plan offered by your dealer. Next, it has to be "residualizable" which means it's like any other feature on the car so you really only pay 25-30% of the cost. The confuser here is that some dealers will let you residual this and others won't. Further confusion is that Mercedes actually doesn't seem to care????? Very strange. Try to get it residualized. If they won't do it, then don't put it in the lease.
 
Mercedes acquisition fee is $795...some dealers mark that up to $1095. If your dealer wants $1095, negotiate because the cost is $795 to them.
 
This should get you started.....
 
Good luck

#1951 of 2975 NY Pricing by bill124

Oct 30, 2011 (12:51 pm)

I too live on Long Island and I am on my 4th MB convertible and have never found pricing acceptable on Long Island. I went as far as Wappinger Falls, then to Bayside (Helms Bros) and White Plains. They have a large selection. Rallye is ridiculous. If they can sell at those prices, good for them.

#1952 of 2975 Re: NY Pricing [bill124] by snooplives

Oct 30, 2011 (4:46 pm)

Replying to: bill124 (Oct 30, 2011 12:51 pm)
Yeah I was quite taken aback but I thought the salesman was being somewhat honest at least compared to other dealers I dealt with in the past. Atlantic Honda was the worst I've ever dealt with. I think $650/mo is the most I'd be willing to pay for the e350 luxury sedan with premium 1. Has anybody dealt with the non-dealership leasing companies? I'm seeing some stuff on leasetrader from NYC offering $449 with $0 down for 33 months. Plus tax and tags. Only 7500 miles though. Given the extra 4500 miles and estimating 20 cents a mile, I value that at an extra $75 per month plus tax and mf interest, but what do I know. Any help is appreciated. Thanks again guys. This forum is great.

#1953 of 2975 Loyalty Cash Question by seattlecruiser

Oct 30, 2011 (7:59 pm)

I tried to combine the $1,500 loyalty cash with $2,000 conquest cash on 2012 C-Class. Just recently leased an E-Class so I figured I would qualify as current MB Financial customer, and I also qualify for conquest. Dealer said loyalty cash is only available when the lease is up and the vehicle is being turned in, not if it's for a second vehicle. Seems counter-intuitive to me, but is this correct? Also, can loyalty cash and conquest be stacked? Thanks!

#1954 of 2975 Re: What's the best lease price I can expect to pay on a 2012 E-350 Sedan Luxur [ghstudio] by snooplives

Oct 31, 2011 (9:58 am)

Replying to: ghstudio (Oct 30, 2011 7:57 am)
GH - Thanks for the help. I tried another Benz dealer in Rockville Centre (Lakeview) and the salesman was pretty honest. He even showed me the screen he was working on with the MSRP, selling price, MF rate, RV, etc.
 
Here's what he quoted me on a 2012 E350 Luxury with Premium 1 4matic in Black:
 
Selling Price - $52,775 (assuming I can get a $2,000 credit from USAA)
Acq Fee - $795
RV - 65%
Mileage - 12k/year
MF - .00176
Payment - $678.36/month with first payment and acq fee up front - tags extra.
Term - 30 months
 
Anybody who has an opinion on this, I would greatly appreciate it. I think this is a fair deal, but maybe I can get him down more. I saw in the book that the money factor rate was .00162 so I guess he's marking that up to make some money back on the interest.
 
Thanks in advance.

#1955 of 2975 Snooplives - Your Deal by gator5000e

Oct 31, 2011 (11:06 am)

Does that monthly payment amount include tax?

#1956 of 2975 Re: Snooplives - Your Deal [gator5000e] by snooplives

Oct 31, 2011 (11:09 am)

Replying to: gator5000e (Oct 31, 2011 11:06 am)
Yes - only thing it doesn't include is tags. I'm trying to get him down to $639.

#1957 of 2975 Re: Snooplives - Your Deal [snooplives] by ghstudio

Oct 31, 2011 (12:47 pm)

Replying to: snooplives (Oct 31, 2011 11:09 am)
He should use the rate for your credit category.....some dealers try to use the tier 2 rates for everyone, so if you are tier 1, you should pay less. Once he gives you the proper interest rate, then consider multiple security deposits...you can make 10 deposits and lower your money factor by .0007...a very good deal.

#1958 of 2975 MB November Rates by gator5000e

Nov 01, 2011 (10:34 am)

Any changes for November in MF, Residuals, conquest cash, incentives, etc. on leases?
 
Thanks.

#1959 of 2975 Re: MB November Rates [gator5000e] by snooplives

Nov 01, 2011 (10:41 am)

Replying to: gator5000e (Nov 01, 2011 10:34 am)
Bump on that. I just got off with one of the private leasing companies I am working with and it sounds like they got better on the 2011's and maybe worse on the 2012's. Any clarification would be great as I'm getting ready to pull the trigger on a new lease. I was looking at the dealer website and it looks like the residual value on the E-350 Luxury 4-Matic Sedan is about 66%. I believe that's down a point from October.

Messages Page 196 of 298

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