Last post on Dec 09, 2013 at 6:33 PM
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Mercedes-Benz E-Class, Car Leasing, Sedan, Wagon
#2346 of 3255 Costco/USAA/AmEx discounts
Jul 11, 2012 (5:41 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 3255 Re: Costco/USAA/AmEx discounts [ghstudio]
Jul 11, 2012 (6:05 pm)
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???
#2348 of 3255 Costco Buying program
Jul 11, 2012 (6:06 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.
#2349 of 3255 33 month still available in July?
Jul 13, 2012 (10:45 am)
Hi Car Guy,
Can you confirm if a 33 month lease is still available on the 2012 E350 in July? I just had a dealership that I am negotiating with tell me that MBF has removed the 33 month lease for the month and has the 30 month at the same residual and MF (60% and .00127 for 15K)?
Thanks and if possible, I need to know ASAP because I plan on leasing either today or tomorrow.
#2350 of 3255 Re: mercedes E350 Sedan Lease [ghstudio]
Jul 13, 2012 (11:12 am)
The dealer is telling me that the mf of .00127 is a promotional mf on the e350 sedan(gas model). Do you know if this is correct? need answer asap...
#2351 of 3255 2013 E550 Cabriolet lease
Jul 13, 2012 (12:44 pm)
What is the residual value and money factor for a 2013 E550 Cabriolet. I'm being told 51% with a 15k mile lease and a money factor of .21%.
#2352 of 3255 Re: mercedes E350 Sedan Lease [rravin]
Jul 13, 2012 (12:52 pm)
I don't know if that is the accurate current rate, but it's lower than I've seen anywhere, so I'm pretty confident it's some sort of promotional rate. If it is a promotional rate, the dealer may not allow you to use MSD's against that rate.
#2353 of 3255 Mercedes Benz Multiple Security Deposits (MSD)
Jul 14, 2012 (12:39 pm)
I heard different interpretations for the MSD to bring down the money factor for the lease. Is there any catch for this? In case of an accident, do you lose any or all your MSDs?
#2354 of 3255 Re: Mercedes Benz Multiple Security Deposits (MSD) [bass_fisher]
Jul 15, 2012 (6:55 am)
The people who you spoken to have no clue about this. I think this is one of those things that is never promoted. MSDs are not one of those cap cost reductions on the car. In my opion cap costs reductions are a rip off and make no sese. The idea of leasing a car is not to put any money down, except in the case of the MSD program that has significant pricing benefit. It the car is lost, stolen etc the MSDs have no bearing. You are secure with that money and will not lose anything. (This assumes of course you are insured) My local dealer told me that MSDs wont matter because interest rates are low. That is not true either as shown by others here in the pricing they got. I want the E350 Bluetec because of the great residual on that car. I am trying to find out when the 2013 cars will be in. Maybe I can get my lease with that car if there is available inventory. At the end of your lease you get the MSD money back. If you do damage to the that will be deducted from the MSDs, however you would be responsible either way for any excess damage.
#2355 of 3255 Re: Mercedes Benz Multiple Security Deposits (MSD) [robertw477]
Jul 15, 2012 (8:40 am)
Few dealers want to explain to their customers that paying a bit more per month is a better deal! 99% of car salesmen and buyers focus on the monthly payment....not the money down or any other costs. If the salesman can bring the monthly payment down by any means, they increase their odds of selling car.
So it's simple math.....if you pay $5000 up front, you will reduce each payment by roughly $5000/number of months in the lease.
In the case of MSD's, you loan mercedes a "large" amount of cash (e.g. $5000) and your monthly payments are higher than if you used that money for a cash down payment up front....therefore, it's viewed as a poor deal (to those who really don't understand finances or leasing).
What most buyers and almost no dealers do is to add up all the cash outflows (and inflows at the end from MSD's) and select the deal that has the lowest overall cost over the life of the lease.