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Mercedes-Benz E-Class, Car Leasing, Sedan, Wagon
#2097 of 2972 Re: current money factor and residual? [arturob]
by Car_man HOST
Dec 19, 2011 (5:00 pm)
Hey arturob. Mercedes-Benz Financial's December buy rate lease money factor and residual value for a 30-month lease of a 2012 E350 Sport Sedan with 12,000 miles per year are .00145 and 65%, respectively for consumers who qualify for its top credit tier.
The numbers for an otherwise identical 36-month lease are .00145 and 56%.
The residual values for a lease with only 10,000 miles per year are 1% higher.
Prices Paid: Buying & Leasing Experiences Forum
Dec 20, 2011 (9:39 am)
I got the lease deal for 2012 E350 4Matic with Package 1 from the VA dealer with sticker price $58,605.00
Lease options are
$0 down payment
Monthly lease payment is $650.00
Is it a good deal?
#2099 of 2972 Re: E350 2012 [e350lease]
Dec 21, 2011 (2:31 pm)
Are you able to reduce the monthly lease? please let me know. I am also in this situation and not able to close the deal...
Dec 22, 2011 (3:35 am)
Here is the deal I negotiated. Wondering if it's any good.
2012 E350 Sport (P1, Split folding rear)
FINAL PRICE: $48700 (approx 13% off sticker)
TERMS: 30 mos 15K mis/yr
TAX RATE: 3.2% or $1559
FEES: $795 acq, $499 dealer
LEASE #1: 30 mos 15K mis/yr, with $725 down (1st mo, title/tags) with taxes and all fees rolled in (and no voluntary cap cost reduction) = $655/mo
LEASE #2: 30 mos 15K mis/yr, with $3480 total down
(1st mo, all taxes/fees/title/tags) = $556/mo
Does this seem to be in the ballpark?
I'm not sure there is much else I can to do get it down. Oh, by the way, I asked the dealer to residualize the $769 maintenance package, but when they claimed that they did just that, the math worked out to $27 more per month. Which means they rolled it in and interest accrued. I asked again, and they said that it was, indeed, residualized. I can't seem to communicate to them that residualizing $769 would mean paying only %64 of it in toto, not full price plus interest! (I decided that I'm going to pay for it in cash before the car reaches 10K miles). Am I missing something??
#2101 of 2972 Help with E550 coupe deal
Dec 22, 2011 (12:56 pm)
I need help in figuring out whether this deal I'm being offered is good (don't think that it is this) bad, or ok. I'm a current owner of another luxery brand considering the switch to an E550 coupe and this is what I am being offered
MSRP $67,685 (E550 Premium 2)
Selling price $64,285
MF .00265 (seems high to me)
39 months $1050 per month
They are also making my last lease payment on my other car of $750 (that they say is not rolled in) and are giving me 3 years of service for free (again not rolled in).
Any hellp or advice is appreciated.
#2102 of 2972 Re: E350 deal [sk2170]
Dec 22, 2011 (7:02 pm)
I think its a good deal. I have been working with a dealer who states he is a friend of mine, and I am close to that deal but have not been able to get him to commit to that number. Where did you get the deal? In VA?
#2103 of 2972 Re: E350 deal [snva]
Dec 22, 2011 (8:20 pm)
In Texas. Good luck with your deal.
Dec 23, 2011 (1:34 pm)
looks like lots of posts on e350 but I don't see much on e550. I'm thinking to lease 2012 E550 coupe with p2 + lane tracking + driver assistance. Can someone help what the MF, residual value, etc.. for 36 months 15k miles?
#2105 of 2972 Re: 2012 E350 [baobabs727]
Dec 25, 2011 (11:49 am)
The key to getting the maintenance residualization benefit on a lease is to make sure that it's included as an option on the car so the MSRP goes up. If they add it in as just an up front cost that you have to pay over the life of the lease (like the origination fee), then there is no value to putting the maintenance on the lease. The reason you saw $27 a month is that they put it in on the wrong line...the sneaky little devils....
Dec 28, 2011 (12:46 pm)
Mr car man, I'm in dc and currently have 14 months remaining on a lease for an e350, p1 package, sports wheels , etc. the dealership has offered me the option of terminating my lease early for a 2012 e350, 4matic, p1 package and other options for 60,305 including destination and delivery for the same lease price of 786.97/mth(includes 10% dc taxes) no money down, and a 3 year maintenance package. Is this a good deal? What are the current money factors for an e350 and the residual value? Thx