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Mercedes-Benz E-Class Lease Questions

2977 messages,  Last post on May 25, 2013 at 3:24 PM

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

Messages Page 214 of 299

#2124 of 2977 Re: 2012 E550 coupe P2 Lease Q [1_porsche_fan] by ghstudio

Jan 26, 2012 (7:43 am)

Replying to: 1_porsche_fan (Jan 25, 2012 7:28 pm)
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 2977 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 2977 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 2977 Re: February Lease Details [joescar1] by Car_man HOST

Feb 02, 2012 (6:01 pm)

Replying to: joescar1 (Jan 31, 2012 11:50 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
Host
Prices Paid: Buying & Leasing Experiences Forum

#2128 of 2977 Re: Feb and march lease deals [eric312] by Car_man HOST

Feb 02, 2012 (6:04 pm)

Replying to: eric312 (Feb 01, 2012 11:46 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
Host
Prices Paid: Buying & Leasing Experiences Forum

#2129 of 2977 33 vs 36 vs 39 months lease by eric312

Feb 02, 2012 (8:41 pm)

Thank you car man!
 
Are there any rebates on e350 in addition to BMW customers rebates?
 
On mbusa.com specials are for 33 months. Is it possible/better in order to get lower monthly payments to do 36 or 39 months lease?

#2130 of 2977 Re: 33 vs 36 vs 39 months lease [eric312] by Car_man HOST

Feb 04, 2012 (1:47 pm)

Replying to: eric312 (Feb 02, 2012 8:41 pm)
You're welcome eric312. The way Mercedes-Benz has its lease program currently structured I suspect that the 33-month term will result in the lowest monthly payment.
 
Other than owner loyalty cash, which probably cannot be combined with the conquest cash, I am not aware of any cash incentives that are available on this model.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#2131 of 2977 Re: 33 vs 36 vs 39 months lease [eric312] by ghstudio

Feb 04, 2012 (6:47 pm)

Replying to: eric312 (Feb 02, 2012 8:41 pm)
If you haven't considered the bluetec, you might want to drive one..it's quite a car...and it has a very high residual value so it may actually be the least expensive e350 to lease. Check the 24 month rates...on the diesel, they have had the highest residuals and therefor the lowest leasing costs.
 
Just for interest, ask your dealer to price out a 24 month lease on a bluetec using 10 multiple security deposts vs a gas e350 equipped with the same features on a 24 or 33 month lease. I think you'll be shocked at the difference in the lease costs....the bluetec may be much more interesting to you after that comparison.
 
Note: MSD's are not "money down"...they are a loan to mercedes to reduce the money factor and you get the money back. You can read about them in this forum...

#2132 of 2977 Re: February Lease Details [Car_man] by jarhead87

Feb 05, 2012 (12:10 am)

Replying to: Car_man (Feb 02, 2012 6:01 pm)
Hi Car_man,
 
I sure wish I had found this site and the information from you and others earlier. Here is the deal I worked up today, I hope I did good. (I pick it up Thursday and actually finalize the rates then so if there is someone to get a better rate please let me know. I already have them checking into the security deposits option mentioned earlier).
 
2012 E350 Cabriolet
Diamond White Metallic
Almond Mocha leather
Premium 2 Launch Pkg
Rear spoiler
Wood Trim Pkg
Appearance Pkg
mbrace
Burl Walnut wood trim
Black Soft Top
Driver Assistance Pkg
3 Yr Maintenance Pkg
 
Retail Price: $73,609.00 (MSRP $72,840.00 + $769 - 3 yr Maint)
Negotiated Savings: $ 7,336.00
Selling Price: $66,273.00
Fees: $ 903.50
Sales Tax: $ 4090.59
Net Sales Price: $71,267.09
  
(Note: Current USAA Special Pricing released yesterday is: -$2,750.00 under invoice)
 
Lease Will be:
36 Month / 10K Miles
$1325.67 at signing
$950.58 / month
 
*Note – I was going to put between $15K down which would be a payment of $526.02.
I think I will keep my money and go with a higher payment.
 
I was told the Money Factor was: .00207
The dealer mentioned you can get a ¼ of a percent off the rate if you go with automatic payment debits.
 
USAA seemed to save a lot. How does this look above?

#2133 of 2977 Re: February Lease Details [jarhead87] by ghstudio

Feb 05, 2012 (6:47 am)

Replying to: jarhead87 (Feb 05, 2012 12:10 am)
If you make multiple security deposits (max 10), you should be able to reduce that mf to .00137 and you get the money back at the end of the lease. It should make a significant difference in your payments and your total cost.

Messages Page 214 of 299

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