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Mercedes-Benz E-Class, Car Leasing, Sedan, Wagon
#2163 of 2972 lease a 350 bluetec
Feb 28, 2012 (11:43 am)
MSNJ: There really is no special deal in February for the BlueTec....but there is one for the non diesels. The diesel 24 mo lease remains the best deal in cardom. The price quoted looks right.
You should take the maximum number of MSD's (10) which will require you to "loan" Mercedes roughly $6000 (depending on how your dealer calculates it). That will reduce your MF to .00155 which will result in a monthly saving of about $65. If you kept that $6000 in a CD, it would earn less than $120 in the two years. Using it for MSD's, you will save about $1600. That's a great deal!!!!
You should also price the lease with and without mercedes (must be mercedes) basic maintenance included. Some dealers allow you to residualize it like any other feature....so you would only pay about 75% of the total cost. That's another terrific deal. If your dealer doesn't do it this way and you have to pay the total MSRP over the 24 months, then it's up to you...no reason to take it or not.
Good Luck...it's a great car (I drive a 2011 e350 BlueTec P2 and there are really almost no changes for the 2012)
#2164 of 2972 Re: lease a 350 bluetec [ghstudio]
Feb 28, 2012 (1:02 pm)
thank you ghstudio appreciate your guidance.
I was hoping to keep the car after the lease but the residual looks high any way I can negotiate it down ?
will it make sense to do a trade in this case ? can I use the trade in for the MSD ?
#2165 of 2972 Re: lease a 350 bluetec [msnj]
Feb 28, 2012 (3:28 pm)
IMHO, the car will not be worth 77% of it's msrp in 24 months....even my dealer agreed. It's a great leasing deal and at the end, you walk away and get a different car. You don't want to lower the residual because that's what's keeping the monthly cost down.
Your trade is completely independent of your lease deal...no matter what the dealer tries to tell you. Tell them you want cash for the trade in because you don't want to use it for "money down" (and you really don't want to put money down up front on a lease). This will, of course, confuse them....but they'll live with it. If they offer you $5000 as a "money down" for your trade, just ask them for a check for that amount. Then use that cash to pay the multiple security deposits.
If your dealer understands multiple security deposits (and based on my experience, that's about 5% of the dealers), they will understand what you are doing. If they don't understand MSD's they will be very confused by the entire transaction...wondering why you are doing this strange thing which no one else does.
#2166 of 2972 Re: E350 lease on european delivery [efavuzza]
Feb 28, 2012 (3:51 pm)
Ghastudio - what did you pay out of pocket and hiw many miles and for how many months?
I am looking to buy ASAP!
Thanks in advance
#2167 of 2972 Re: lease a 350 bluetec [ghstudio]
Feb 28, 2012 (4:14 pm)
That makes sense. Thanks again. They are charging 1400 bank fees etc I guess that is a norm correct? Hopefully I can get the car tomorrow
#2168 of 2972 Re: lease a 350 bluetec [msnj]
Feb 28, 2012 (9:06 pm)
The bank fee from Mercedes is $795. Some dealers mark this up to $1095. This is negotiable down to $795. I guess the dealer "administrative fee" is in that $1400 number as well....also negotiable.
Both are just pure profit grabs by the dealer...
#2169 of 2972 E350 coupe lease
Feb 28, 2012 (11:09 pm)
Recently leased a 2012 E350 coupe, P-1, black on black, appearance package,
Spoiler, 36 mo., 12k, drive off only, for $618/mo. Is this a good
#2170 of 2972 Re: E350 coupe lease [woozer]
Feb 29, 2012 (7:03 am)
You are supposed to ask these type of questions BEFORE you sign the lease if you want help or have questions. There is nothing to gain by asking AFTER other than getting a pat on the back or a stick in your eye. I'll do neither....
I assume you felt it was a fair deal.....enjoy the car.
#2171 of 2972 Re: lease a 350 bluetec [ghstudio]
Feb 29, 2012 (9:18 am)
thank you; really appreciate your advise.
#2172 of 2972 March Lease Rate and Residual
Mar 02, 2012 (11:12 am)
Can you please tell me the best lease term available including the Lease Rate and Residual through MB Finance for a e350 sedan 12k miles/year. Also, if there are any current incentives.