Mercedes-Benz E-Class Lease Questions

2970 messages,  Last post on May 13, 2013 at 4:05 PM

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

#2491 of 2970 2013 E350 Sedan $685.30 A Month 24 month lease by killerrides

Oct 19, 2012 (6:09 am)

Car Man
I am in the Dallas TX area and about to pull the trigger on a 2013 Mercedes E350 Sedan.
I feel as though there is another $2000.00 or so the dealership can take off from the sticker.
I am being told this is their bottom line, they won't go any lower. Can you take a look at my deal and tell me your thoughts? BTW, thank you for all your help in these forums. You are the man!
 
MSRP is $56,555
Sale Price is $52,240
I am getting a $1500 conquest discount because I have an Infiniti. This $1500 is included in their discount.
So the dealership is really only discounting the car by $2815.00
 
24 month lease
Payment is $586.66 per month
10k per year ( I wanted 12k, they are saying we are way off with cost)
Total Uprfront Down is $2632.00
 
Texas makes you pay the sales tax of 6.25% on the price of car, not payment.
They have Tax Credits right now covering 4.75% of the tax.
 
Total down cash including the 1.5% sales tax remainder and aquistion fees and doc fees is:
$2632.00
 
Residual is 72%
Money Factor is .00120
 
Is this a good deal? Is the money factor right?
I am seeing others online getting $8-$9k off MSRP. The dealerships here in Dallas are saying this is just not possible. I feel as though there is more room to haggle....
 
Thank you!

#2492 of 2970 Re: 2013 E350 Sedan $685.30 A Month 24 month lease [killerrides] by markemarkee

Oct 19, 2012 (6:50 am)

Replying to: killerrides (Oct 19, 2012 6:09 am)
hey killerrides,
 
I too am in the Frisco area of DFW and about to execute on a deal very soon. Are you at liberty to tell us what dealer / sales person and more about the tax credit that is making your tax rate only 1.5% instead of the 6.25% in TX?
 
Thanks
markemarkee

#2493 of 2970 Re: 2013 E350 Sedan $685.30 A Month 24 month lease [markemarkee] by killerrides

Oct 19, 2012 (8:09 am)

Replying to: markemarkee (Oct 19, 2012 6:50 am)
There are just 3 here in DFW. All of them are willing to do the tax credits if you ask. I am going to do the deal in Plano. What kind of deal do you have?

#2494 of 2970 Re: 2013 E350 Sedan $685.30 A Month 24 month lease [killerrides] by markemarkee

Oct 19, 2012 (8:18 am)

Replying to: killerrides (Oct 19, 2012 8:09 am)
hey killerrides,
 
I would like to connect with you offline to discuss. I am on mbworld.org with the same handle. Want to PM me on there?
 
Thanks
markemarkee

#2495 of 2970 Re: 2013 E350 Sedan $685.30 A Month 24 month lease [markemarkee] by freeze14

Oct 24, 2012 (12:33 pm)

Replying to: markemarkee (Oct 19, 2012 8:18 am)
Killerrides and markemarkee:
 
I live in the Allen area. I am also looking at a lease for the E350. My last two leases have been a BMW 5 series, but I am looking for a change. I have leased 5 different cars now and have always received full tax credits, is this something MB dealers just won't do? I also was thinking the dealer had at least $2,000 more to work with. I don't believe in putting money down on a lease other than the first month payment. Could you share your dealer or your final deal. Thanks.

#2496 of 2970 Re: 2013 E350 Sedan $685.30 A Month 24 month lease [freeze14] by markemarkee

Oct 24, 2012 (1:05 pm)

Replying to: freeze14 (Oct 24, 2012 12:33 pm)
Hey Freeze14, thanks for the note....I am in the Allen area too.
 
I am in my busy season, but close to pulling the trigger...just waiting for month end(s) when negotiation is most favorable. I cannot speak for MB tax credits, but i have done them too on other leases for other manufacturers. (this might be a Texas thing only, maybe other posters here can clarify?)
 
If you want to ping me, please do so via PM on mbworld, we can collaborate offline...on things like price, etc.
 
Since I have learned so much from this forum, i want to pay it forward by sharing my experience from my deal when it is compete.
 
Thanks
Markemarkee

#2497 of 2970 E350 lease near fremont, ca by fremontguy

Oct 28, 2012 (11:56 am)

I am reading all these discussions, somehow not getting if there is a way to get a better deal near fremont, ca for E350 then what is there on deal websites. I see on their website 579 a month for 30 months with 4549 upfront plus tax and fee due at signing.
can you help me get a ballpark idea as to what will be good lease amount, plus initial deposit. I talked to a dealer, he keeps saying this is all they can do. I think residual value is about 35K.
Is it possible to get a 36 months lease.

#2498 of 2970 Re: E350 lease near fremont, ca [fremontguy] by SergeyM

Oct 29, 2012 (9:58 am)

Replying to: fremontguy (Oct 28, 2012 11:56 am)
Your friendly MB dealer should be able to do better, around $2K better, I would say.

#2499 of 2970 Nov. Lease Rates for 2012 and 2013 E350 Sedan by z4maudioman

Nov 01, 2012 (4:02 pm)

Hello Car_Man,
 
I am looking at both Jaguar XF's and E350's. For the E350, would you please provide me with the following rates for November?
 
2012 E350 Sedan (not AWD) - 24, 30 and 36 month leases at 10K miles/year
2013 E350 Sedan (not AWD) - 24, 30 and 36 month leases at 10K miles/year
 
Also, would you be able to share any rebates/incentives being offered for both model years? Conquest cash, dealer cash, etc?
 
I am hoping that Mercedes is getting aggressive with lease rate for the holiday season since I've heard BMW will be.
 
Thanks in advance for your help.

#2500 of 2970 Re: Nov. Lease Rates for 2012 and 2013 E350 Sedan [z4maudioman] by Car_man HOST

Nov 04, 2012 (8:01 am)

Replying to: z4maudioman (Nov 01, 2012 4:02 pm)
Hi z4maudioman. Mercedes-Benz Financial's November buy rate lease money factor and residual value for 24-month lease of a 2013 E350 Sedan with 10,000 miles per year are .00121 and 72% for consumers who qualify for its top credit tier.
 
The money factors for 30- and 36-month leases of this car are the same, but the residual values would be 66% and 61%.
 
The numbers for the 2012 model are .00127 / 69%, .00127 / 61% and .00127 / 52%.
 
Mercedes-Benz is running its "Winter Event" right now, featuring $4,000 dealer cash on 2013 E Sedans.
 
The 2012 model has $2,250 Customer Advocacy certificates out there.
 
Car_man
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