Last post on May 21, 2013 at 1:00 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Mercedes-Benz E-Class, Car Leasing, Sedan, Wagon
#2274 of 2973 6 month pull forward
May 22, 2012 (2:38 pm)
Just got word from my sales rep that (as of today) MBFS is offering a 6 month pull forward instead of the regular 4 month. Helps me get out of current benz and into new one while the 2012's are still around and have great incentives.
Time to jump on a deal if you have less than 6 months left. Or in my case, still worth it with 9 months left rolling 3 months into new payment - I'll still be saving about $60/month and be in a new car.
E350 4 matic, sport
P1, Met Paint, AMG package, Lip, split seats
12k/year, 33mo lease
Negotiated Price: $52,375
Neg Equity ($2.235)
COD: $900 (first month payment and DMV)
Without neg equity, this car would be going off at $$610/month!
Not bad...what do you think Car_man?
#2275 of 2973 10k vs 12k vs 15k
May 22, 2012 (9:30 pm)
Does anyone know what price difference of doing 10k vs 12k vs 15k miles on the E350 Bluetec? I assume the price increase comes from a lower residual?
#2276 of 2973 Re: Looking to lease soon... [hx_guy]
May 23, 2012 (9:05 am)
I have seen some low prices advertised on this car with a 24 month lease. I have personally never owned a diesel car. Anyway the leases I see are low but they show a very low number of miles in the lease 7500. I dont know what the price is on a more normal 12K lease. One benefit of the 24 months is that maybe you dont need to replace any tires which are probably pricey. I
#2277 of 2973 Got some numbers...
May 23, 2012 (7:55 pm)
Went to a few local dealerships today to look at a few E350 Bluetecs. None of them are exactly what we want (color combination wise or options) but we realize we need to compromises on some things as the inventory is pretty low.
We only got into serious talks with one of the three dealerships on a $60,080 E350BT with P1, Parktronic & Lane Assist plus other misc. options). While at the dealership they offered us $55,000 plus $3,000 Conquest incentive for a total of $52,000 sale price (plus fees etc). We actually wanted $49,000...not on this specific vehicle, but based on a $57,000 car. Since they didn't have a $57k car, we still pushed for the same price. They said they couldn't and we left.
10 minutes later they called and said the best they could do is $50,500. I countered at $50,000 plus maintenance and they said the manager had left for the day, that he didn't think they would do it but would ask tomorrow and follow up.
I feel that would be a very good deal. The $50,500 is good too, but still more than we wanted to spend. I know it has more options but we don't really need those.
Also, they offered us a fantastic deal on a $61,875 MSRP E350BT with P2, panorama roof & lane assist. They would do it for $51,000. We liked the interior and exterior colors but absolutely hate the panorama roof, so much so that it's a deal breaker. I've driven the GLK350 with the same roof and it kills here in Phoenix with the heat. You just feel it radiating down on you, that shade they have is useless, my forehead was sweaty the whole time I drove the GLK. Fantastic deal for anyone who would appreciate it though.
May 23, 2012 (10:59 pm)
Sorry for all the questions, but one more...
Does the residual on a vehicle change depending on the options? If a E350BT with P1 has a residual of 77%, should the residual on on with P1 + Parktronic + Lane assist + etc still be 77%?
May 24, 2012 (9:52 am)
The RV does not change based on options selected. It is solely dependent on car type, lease term (24 vs. 36, etc.), and miles per year. i.e., RV is fixed by MB financial.
However, make sure that you know the base rate MF in advance of finalizing the deal as many unscrupulous dealers mark up the MF as an additional source of profit, preying on unsuspecting customers. As ghstudio and others (myself included) have evangilized, I would strongly encourage you to consider the 10 MSD's to reduce the MF as that should save ~$40-65/month, and you get the deposit back at the end of the lease.
My wife adores her E350BT (P1, sport, parktronic, spoiler pkg, split folding seats, and deep tinted windows).
#2280 of 2973 Blue tech wagon
May 24, 2012 (4:50 pm)
Hi car man, I need to get the residual and MF for a 2012 blue tech wagon. 24 months seem to be the best at this time. Also for 15k miles per year. Thanks so much. You save us all collectively hundreds of thousands (all car makes). Your the bomb
#2281 of 2973 Deal done.
May 24, 2012 (10:28 pm)
Ok, deal is done...we got what we wanted but also didn't yet. I won't go into the whole day with what happened to dealer #1 where we left and ended up at dealer #2 but what we got was...
MSRP: $57,575 (E350BT with P1, Spoiler Appearance Pkg & Lunar Blue paint)
Purchase price: $48,650
Residual: $42,605 (74% residual with 15k/year. 10k would have been 77%)
Money factor: .0025
Out of pocket: $2455 (first month, registration, $250 doc fee, $795 acquisition fee)
Payment: $480 + $45 tax per month
About the Multiple Security Deposits, of course the salesman had no idea what that was. He asked finance, which said they hadn't done on in at least 10 years and they had to call MB Financial, who apparently said that the person in charge had left for the day (it was 6pm local time, 9pm eastern). We drew up the contract and they said we can go back tomorrow and redo it after they talk to MB Financial. I hope that is true and they don't try and pull something because they seemed pretty pissed with us.
May 25, 2012 (5:24 pm)
Went back to the dealership and redid the contract with 10 Mulpitle Security Deposits (10 x $500) and the monthly payment is now $416 + $38 sales tax for a total of $454 per month.
Thanks you everyone for your help!
May 26, 2012 (2:21 pm)
Hello Car Man and Everyone,
I just picked up my 2012 E350 sport yesterday. I always read your forums to give me an idea of what to ask. So the least i could do is share my deal. I was debating over a 2012 528i and E350.
E350 sport P1 package Palladium silver
33 Mo lease
12K per year or 1k per mo
All Maintenance Included
Monthly 645 incl tax
Drive off 0$
All I paid was 645$ which was my first mo payment.
I thought it was a good. Thanks for all your help guys!