Last post on Dec 09, 2013 at 1:49 PM
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Mercedes-Benz E-Class, Car Leasing, Sedan, Wagon
#2385 of 3251 Re: Mercedes Benz Lease Program for 2012 and 2013 [bass_fisher]
Jul 31, 2012 (3:51 pm)
Hi bass_fisher. Mercedes-Benz Financial's July buy rate lease money factor and residual value for a 24-month lease of a 2012 E350 Sedan 4Matic with 12,000 miles per year are .00131 and 70%, respectively for consumers who qualify for its top credit tier.
The numbers for an otherwise identical 36-month lease are .00131 and 51%.
If you were to lease with only 10,000 miles per year this car's residual values would be 1% higher.
Mercedes isn't providing any lease support on the 2013 version of this car yet.
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#2386 of 3251 August Numbers for 2012/2013 E350 Coupe
Aug 02, 2012 (10:05 am)
The title says it all...almost. I'm looking for an E350 Coupe and would be happy picking up a 2012 if I found what I liked or waiting on a 2013 (which I am now seeing on the lots).
What are the residuals and money factors for the 2012 and 2013 if I were to go with 36 months and 15,000 miles? Are there currently any better "sweet spots" out there (e.g. better number for 33 months or 12,000 miles)?
Also, I'd be happy to hear anyone's speculation as to when we might see some incentives and price flexibility on the 2013s.
Thanks very much.
#2387 of 3251 Re: August Numbers for 2012/2013 E350 Coupe [edjj]
Aug 02, 2012 (4:05 pm)
Greetings edjj. Mercedes-Benz is not currently providing any lease support on the E350 Coupe. This means if you were to lease one through MB Finance, you would have to use its standard lease money factor. That number varies by credit tier and possibly by region, but .00200 is a good estimate.
As far as this car's residual values go, Mercedes-Benz Financial's August resid for a 36-month lease of a 2012 E350 Coupe with 15,000 miles per year are 58%. the residual for an otherwise identical lease of a 2013 model is interestingly exactly the same.
While I suppose that anything is possible, I personally wouldn't hold my breath for lease support on any E Coupes. Mercedes really has only been providing support on the E350 Sedan and E63 Sedan.
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#2388 of 3251 Did I make a mistake? Pls help! E350 Coupe Lease
Aug 03, 2012 (4:08 am)
I just signed a 2012 Mercedes E350 Coupe 4Matic w/ Premium Package 1 + rear spoiler (limited options left for 12's).
Here's the details:
Sticker price $58,475
-Down Payment including first month payment_total out of pocket - $3500
-24 Month Lease
-15k Miles a year
Price with tax monthly 599.00
No MB service/maintenance included.
Please advise me if I got a bad deal...I am a bit worried I over paid for such a car on the lease.
#2389 of 3251 Any Recs for iPad Auto Lease Calculator?
Aug 04, 2012 (6:11 pm)
#2390 of 3251 E350 Lease Deal
Aug 05, 2012 (12:38 am)
Thanks to all for posting in this forum. I couldn't have negotiated this deal otherwise or have had the knowledge base to do so.
Palladium Silver, P1 package, rear spoiler
MSRP - $56385
Sale Price - $47635 ($8750 off of MSRP)
Term - 24 months
Money Factor - 0.00127
Upfront - $1095 lease acquisition fee + tax/registration, No Cap Reduction
Monthly Payment - $490 including tax
Very few Palladium Silvers with MSRP of $56385 remaining in CA as of last weekend. None of the dealers I spoke were willing to go with a $795 lease acquisition fee.
#2391 of 3251 Re: E350 Lease Deal [caymanty]
Aug 05, 2012 (5:18 am)
Looks like your deal is fantastic!
Is it a coupe? Sedan?
I had a terrible time Getting a good deal on a 2012 coupe..
#2392 of 3251 Re: E350 Lease Deal [caymanty]
Aug 05, 2012 (10:21 am)
You did well finding the 2012 E350 you like. It is hard to find the colors and options I wanted, and had to comprise on it.
The deal sounds good. The only things you might be missing:
1. Auto pay will cut your money factor by 0.0001, which is still nice. The dealer showed me 0.00005 first, but I corrected him from what others posted.
2. You can add the maintenance as part of the cap cost and residual would apply to it, it is like only pay 30% for the cost.
3. I have seen the $795 LAF posted at the MBUSA, but was quoted $1095 on the paper. I don't understand why either.
Final summary: try the best you can, but do not over-analyze it. Make it a more enjoyable experience. Dealers need to make money too.
#2393 of 3251 Re: E350 Lease Deal [nsuri]
Aug 05, 2012 (1:52 pm)
It's a sedan. At least in CA, very few lower MSRP's remaining other than whites and blacks.
#2394 of 3251 Re: E350 Lease Deal [bass_fisher]
Aug 05, 2012 (2:03 pm)
Yep, I completely missed the auto pay and wasn't even aware of it until last night when I posted my message. I was in "final" negotiations with four dealers and none of which volunteered that info. The one interesting aspect that I found last month with the 0.00127 money factor was two dealerships quoted me $9200 ($56385 MSRP) to $10146 (High $59k MSRP) off of MSRP but neither dealer was willing to use the 0.00127 money factor on the lease. They did not call me back after I walked away so looks like they are making less off of a lease compared to a purchase at the same price.
Yes I am aware of the residualizing the maintenance package from the posts that I read but I am not a big scheduled maintenance guy other than oil changes (I have never done a scheduled maintenances on any of my cars). Is it required that I do scheduled maintenance as part of the lease? Like I said, this is my first lease. Thanks.