Ask the Car People.SM


Mercedes-Benz E-Class Lease Questions

3029 messages,  Last post on Jun 19, 2013 at 2:21 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

Messages Page 235 of 303

#2339 of 3029 Re: 48 or 60 months lease??? [rravin] by Car_man HOST

Jul 09, 2012 (3:22 pm)

Replying to: rravin (Jun 26, 2012 9:08 pm)
Hi rravin. The 33-month term is definitely better than the 36-month term on this car right now, but neither mileage allowance, 12k or 15k, is necessarily better than the other. It all depends upon how many miles you need. If you're going to use 15,000 miles per year definitely go with that option.
 
Mercedes-Benz Finance's current buy rate lease money factor and residual value for a 33-month lease of a 2012 E350 Sedan with 15,000 miles per year are .00127 and 60%, respectively for consumers who qualify for its top credit tiers.
 
MB Finance's base acquisition fee is indeed $795.
 
The conquest cash certificates should be available in your area. I don't see why it wouldn't be compatible with MSDs.
 
Each additional deposit lowers the money factor by .00007.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#2340 of 3029 Re: Leasing Questions MB Finance? [robertw477] by Car_man HOST

Jul 09, 2012 (3:28 pm)

Replying to: robertw477 (Jun 28, 2012 5:43 pm)
Hi Robert. As far as service goes, I never performed more than tire rotations and oil changes and they didn't seem to care about that, but Mercedes-Benz Finance is one of the few companies that did indeed hit me with an excess wear and tear charge when I turned in my leased vehicle. I was actually fairly surprised. It wasn't huge, but I still wasn't thrilled about it. Getting dinged with the $595 disposition fee is pretty annoying as well.
 
I wouldn't say that MB Finance is terrible, but you probably won't find your experience with them as pleasant as your experience with Acura Finance.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#2341 of 3029 Re: MF/residual % For Mercedes E350 sedan [rravin] by Car_man HOST

Jul 09, 2012 (3:58 pm)

Replying to: rravin (Jul 02, 2012 3:59 pm)
Hey rravin. Mercedes-Benz Financial's July buy rate lease money factor and residual value for a 33-month lease of a 2012 E350 Sedan with 15,000 miles per year are .00127 and 60%, respectively for consumers who qualify for its top credit tier.
 
The residual value for a lease with only 12,000 miles per year would be 2% higher.
 
At lease signing, you will have to pay your vehicle's first month's payment and acquisition fee.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#2342 of 3029 Re: MF/residual % For Mercedes E350 sedan [Car_man] by msajan

Jul 09, 2012 (10:00 pm)

Replying to: Car_man (Jul 09, 2012 3:58 pm)
Hi Car_Man, thanks for the information, much appreciated.
 
A few questions: is the MF of .00127 the same for 12K miles per year as well?
 
Also, what is issued when one uses MSDs? Is it noted on the lease contract only, or do you get other documentation as well from MBFS showing you have a deposit with them?
 
Also are MSD's in increments of $500 or any amount?
 
Thanks
Mark

#2343 of 3029 Re: MF/residual % For Mercedes E350 sedan [msajan] by ghstudio

Jul 10, 2012 (5:12 am)

Replying to: msajan (Jul 09, 2012 10:00 pm)
the mf is the same for any mileage....only the residual changes
 
The MSD's are shown on the contract
 
The amount of each MSD is calculated differently by different dealers and MB Finance doesn't seem to care. In my case they figured each security deposit as my monthly payment including tax with no rounding and they insisted this was correct (they were, of course, wrong but that's what I paid). The correct way to do it, I think, is to take your calculated monthly payment without tax and round it up to the nearest $50. I have also seen dealers who use the calculated monthly lease payment before applying the MSD discount and rounding that up to the next $50. No matter which method they use, you will get whatever you paid back at the end of the lease.

#2344 of 3029 Re: MF/residual % For Mercedes E350 sedan [msajan] by Car_man HOST

Jul 10, 2012 (4:47 pm)

Replying to: msajan (Jul 09, 2012 10:00 pm)
You're very welcome Mark. Yes, the money factor would indeed be the same for a lease with only 12,000 miles per year.
 
Security deposits are usually equivalent to your vehicle's monthly payment rounded up to the nearest $50 increment. I'm not sure what sort of documentation Mercedes-Benz Financial issues lessees who make additional security deposits, but I don't think that the deposits would just disappear.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#2345 of 3029 Re: Pricing of 2012 e350 coupe 4matic in Canada [vhl71] by vhl71

Jul 10, 2012 (7:51 pm)

Replying to: vhl71 (Jul 04, 2012 9:06 pm)
Any inout on this from Canadians?

#2346 of 3029 Costco/USAA/AmEx discounts by ghstudio

Jul 11, 2012 (6:41 am)

Does anyone know the difference in discount that one gets off an e class on these three programs. I've seen that Costco and USAA are about the same but I see very little discussion of the AmEx discount or other buying club discounts.
 
I believe that the conquest cash (currently $3000) is not combinable with any of the above, but the mercedes club and mercedes finance discounts ARE combinable witih each other and combinable with the above three programs.
 
Could anyone clarify this mess of options.
 
I'd like to lease a 2012 this month and while there is no costco near us, I can still join, etc.

#2347 of 3029 Re: Costco/USAA/AmEx discounts [ghstudio] by robertw477

Jul 11, 2012 (7:05 pm)

Replying to: ghstudio (Jul 11, 2012 6:41 am)
I am looking for the Bluetec model because that has the better lease residual. However I went locally with the AMEX/Conquest deal in South Fla. They made me a crazy high offer. I mentioned to the salesman later about MSDs and he said those dotn do anything for the rate since interest rates are low. They were at 740 for the E350+ P1. Does anyone know when for the 2013 Bluetech modeals since no 2012s are available? I may wait???
 
Rob

#2348 of 3029 Costco Buying program by robertw477

Jul 11, 2012 (7:06 pm)

One more thing. I never got any great deals from the costco offers no matter who the dealer was or what the car brand was.
 
Rob

Messages Page 235 of 303

To POST a message, please Sign In.

Advertisement

Browse by Category

Browse by Vehicle
   View All Vehicles

Browse by Board
Browse by Topic
View All Topics

Edmunds Community

Advertisement