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Mercedes-Benz E-Class Lease Questions

2973 messages,  Last post on May 21, 2013 at 1:00 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 246 of 298

#2449 of 2973 Re: Please help! 2012 E350 Convertible Lease [lotterywinner] by Car_man HOST

Sep 11, 2012 (4:17 pm)

Replying to: lotterywinner (Sep 10, 2012 9:58 am)
Hi lotterywinner. The car that you are interested in probably has a spread of around $4,500 or so between its full MSRP and its dealer invoice price. Plus Mercedes dealers are being given $1,500 CAP certificates that can be used on it, giving you a total of around $6,000 to play with if you can convince the dealer to use one on your deal. That puts the deal that you were offered at around $700 over invoice, which is a very good deal...particularly in Lincoln Nebraska where there likely isn't much competition.
 
The money factor that you were quoted looks great, too. If you like the car, I personally don't see any reason not to go for it.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#2450 of 2973 Re: Please help! 2012 E350 Convertible Lease [dewarsandsoda] by lotterywinner

Sep 11, 2012 (4:51 pm)

Replying to: dewarsandsoda (Sep 11, 2012 4:08 pm)
Thank you for your help!
 
I did not qualify for Conquest but can you please explain exactly what I should say concerning "Don't do cap cost reduction (i.e., make $0) down ". What do I ask for? (it's emailed negotiations)
 
Also one last question. I know this goes against all the lease GODS lol but I was considering asking them what the payments will be for a 4 year lease to get my payments a little lower. I know it's not good economical sense but what are your thoughts?

#2451 of 2973 Re: Please help! 2012 E350 Convertible Lease [lotterywinner] by dewarsandsoda

Sep 11, 2012 (5:19 pm)

Replying to: lotterywinner (Sep 11, 2012 4:51 pm)
Hi Lotterywinner,
 
I'm assuming that you are putting $0 down. i.e., you will only pay your first month's payment and any valid fees (DMV registration, etc.) at lease inception/signing. I try to never put any money down or minimize the downpayment because if the car is totalled, I will never see that money again. Additionally, all that matters is the total money that you expend over the lease term. You can do the calculations, and often you will find that even if you reduce the monthly payment by making a downpayment, the total money in under that scenario exceeds the total money in if you made a higher monthly with no down.
 
I would only consider a 2 or 3 year lease for several reasons. First, the RV is considerably better for 2-3 year leases as the car will depreciate substantiatlly at 4 years (increasing your payment). Second, MBFS often offers current leasees the ability to waive their last 4-8 payments if they move into another MB's vehicle. Third, the interest rate on a 4 year lease is ~3.8% (=.0016 MF). You could simply purchase the car and finance the purchase at a lower interest rate and subsequently sell the car in ~3-4 years.
 
Cheers!

#2452 of 2973 Re: Please help! 2012 E350 Convertible Lease [dewarsandsoda] by lotterywinner

Sep 11, 2012 (5:26 pm)

Replying to: dewarsandsoda (Sep 11, 2012 5:19 pm)
That is correct I am putting no money down and OK I will stick with the 3 year lease. Thanks again!

#2453 of 2973 Re: My Deal on 2013 E350 4 Matic [steffenreich] by jtkeller

Sep 12, 2012 (6:40 am)

Replying to: steffenreich (Sep 11, 2012 2:30 pm)
steffenreich - I'd be interested to know what dealer you are getting this quote from? MBFS? I've been quoted ~$880 for a E350 with MSRP of $59k for a 12k/36 month lease, first payment due up front. MF .0021.
 
Your deal sounds much better...

#2454 of 2973 2013 E350 Sports 4Matic by mbslsamg

Sep 12, 2012 (1:02 pm)

Hi Car_Man,
 
Can you or anyone review the following deal:
 
2013 E350 Sport 4Matic with premium metallic color Steel Gray, P1 Package, Prepay Service Option for MSRP $59,894 with a net cap cost of $51,794 (reduced by $8,200).
 
24 month lease 12,000 miles/year = $560/month (incl. taxes 7% NJ) with $1,900 (incl. first payment, acq, reg and doc fees)
 
39 month lease 12,000 miles/year = $620/month (incl. taxes 7% NJ) with $1,960 (incl. first payment, acq, reg and doc fees)
 
Can the above deal get any better than this? Thank you for your responses.

#2455 of 2973 Re: 2013 E350 Sports 4Matic [mbslsamg] by annu6

Sep 12, 2012 (8:00 pm)

Replying to: mbslsamg (Sep 12, 2012 1:02 pm)
mbslsamg - May I know which dealership is this? Is this with any USAA, mbca discounts? Thanks!

#2456 of 2973 Re: 2013 E350 Sports 4Matic [mbslsamg] by Car_man HOST

Sep 16, 2012 (7:25 am)

Replying to: mbslsamg (Sep 12, 2012 1:02 pm)
Hi mbslsamg. An $8,000 discount on this car is huge. If you can get anywhere near that, plus the use of Mercedes-Benz Financial's buy rate lease money factor of .00148 (top credit tier), snatch it up instantly.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#2457 of 2973 Re: 2013 E350 Sports 4Matic [mbslsamg] by deenx

Sep 17, 2012 (11:41 am)

Replying to: mbslsamg (Sep 12, 2012 1:02 pm)
wow! I'd like to know more too. I can't find anything close to that in NJ. I'm not USAA (which is really starting to pmo)....but ... the 24month is less than the 39 mth??

#2458 of 2973 Lease deals on E350 Sedan? by markemarkee

Sep 19, 2012 (1:41 pm)

Hi everyone, has anyone negotiated a good lease deal on a 2013 E350 sedan this month with the $2K conquest cash or the $2500 USAA rebate? If so, can you share the details here.
 
Thanks
MarkeMarkee

Messages Page 246 of 298

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