2971 messages,
Last post on May 18, 2013 at 11:53 AM
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Mercedes-Benz E-Class, Car Leasing, Sedan, Wagon
#2119 of 2971 2012 E350 P1 - Lease paid
by got_it
Jan 24, 2012 (12:23 am)
Signed a lease today for E350 / P1 / Sport/ Rear spoiler
MSRP - $55265
Sale Price - $47988
10 K / 33 months
- Scheduled Maintenance for 33 months covered
- First class lease protection
$1200 drive off -including first month and DMV / fees
Base payment - $577.15
With CA tax - $624.76
Let me know how I did. Didn't own any previous benz or other luxury car. Went through costco auto program
#2120 of 2971 2012 E550 coupe P2 Lease Q
by 1_porsche_fan
Jan 24, 2012 (1:10 am)
it seems like there is not much discussion about E550 although 350 being very active. I'm thinking to lease E550 with P2 and options as below. Need your input on lease deal I'm being offered and I'd be much appreciated if someone could tell me what the current MF/residual value is
desgino graphite color
P2
high performance tires special order
illuminated door sills
appearance pkg
mbrace
distronic, lane keeping, blind spot
Lease term:
36months / 12k miles
MSRP: 72000
mf: .00225
residual value: 54%
#2121 of 2971 Re: 2012 E350 4matic P1 [corantrep]
by jeffkad
Jan 24, 2012 (8:50 pm)
Corantrep, is this an east coast dealer? NY Tristate area?
#2122 of 2971 Re: 2012 E550 coupe P2 Lease Q [1_porsche_fan]
by ghstudio
Jan 25, 2012 (7:09 am)
That looks like Mercedes standard money factor. You should use multiple security deposits to reduce the mf to .00155 which will save you a fair amount...if you are in a state that allows them (most do...NY doesn't).
#2123 of 2971 Re: 2012 E550 coupe P2 Lease Q [ghstudio]
by 1_porsche_fan
Jan 25, 2012 (7:28 pm)
thanks for your input but I wouldn't pay any $ up front unless I have to. Even T&L I'm trying to residualized to save $.
#2124 of 2971 Re: 2012 E550 coupe P2 Lease Q [1_porsche_fan]
by ghstudio
Jan 26, 2012 (7:43 am)
You apparently don't understand multiple security deposits and how they work. They are SECURITY DEPOSITS, not money down on the car. Unlike money down, you get security deposits back at the end of the lease....they are effectively a short term loan to mercedes finance. For that loan, mercedes finance will reduce the money factor on your lease by .00007 for each security deposit (monthly payment) you loan them. Maximum of 10 gives you a .0007 reduction in your money factor and that gives you a significant reduction in your monthly payment....and YOU GET THE DEPOSIT BACK AT THE END OF THE LEASE.
making MSDs will save you money.
Don't believe me.....ask your dealer to run two cases....1) the deal you were given and 2) the same deal with 10 multiple security deposits. Add up the total cost of each lease...total money out, total money back at the end of the lease.
BTW...you will find that if you loan mercedes $5000, you will save more than $500 a year on your car....or, of course, you could leave that money in a bank and make less than $100 a year. Which one works better for you???
#2125 of 2971 February Lease Details
by joescar1
Jan 31, 2012 (11:50 pm)
Hi CarMan - Would you give me the mf and residual on a 2012 E350 coupe 3 yrs 15k/yr? Thank you!
#2126 of 2971 Feb and march lease deals
by eric312
Feb 01, 2012 (11:46 pm)
Are there any rebates for customers switching from BMW?
Are there any rebates on E350 right now?
My lease is ending at the end of Februrary. Historically, are MB february or march lease deals better?
#2127 of 2971 Re: February Lease Details [joescar1]
by Car_man HOST
Feb 02, 2012 (6:01 pm)
Hi joescar1. Mercedes-Benz Financial's February buy rate lease money factor and residual value for a 36-month lease of a 2012 E350 Coupe with 15,000 miles per year are .00162 and 57%, respectively for consumers who qualify for its top credit tier.
Car_man
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#2128 of 2971 Re: Feb and march lease deals [eric312]
by Car_man HOST
Feb 02, 2012 (6:04 pm)
Yes, eric312, Mercedes is currently providing a $2,000 cash incentive on E350 4Matic and $3,000 on E350 non-4Matic models to current owners and lessees of BMWs. This is a certificate program though and dealers may have a limited number of them to use.
It's difficult to say what Mercedes' March lease program will be like at this point.
Car_man
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