Last post on May 21, 2013 at 1:00 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Mercedes-Benz E-Class, Car Leasing, Sedan, Wagon
#2798 of 2973 Not painless but I got it done!
Jan 22, 2013 (6:24 am)
This deal was a little bit of a struggle but I got it done for a friend of mine who was about to lease a new 2013 Honda Accord EX-L V6 w/Navigation instead. Only $9 more per month with the same out of pock for a Benz double the price.
24 months / 12,000 miles per year
$635.52 total out of pock (1st month and DMV)
$442.02 per month with auto pay
See the details below...
Saturday, January 19, 2013 11:22:59 AM
Customer Name: Inside Car Buying LLC WD Deal ID: 798
Sale Vehicle: New 2013 MERCEDES BENZ E CLASS E350W4 4dr Sdn E350 Sport 4MATIC w/AC , Automatic , Odom: 0
Base Payment 442.02
Total Payment 442.02
Purchase Option 42,682.55
Est. Miles Per Year 12,000
Disposition Fee 595.00
Excess Mileage Charge 0.25
Amount Due at Signing
1st Month Payment 442.02
Fees & Insurance 193.50
Total Inception Fees 635.52
Total Cash Required on Delivery 635.52
Customer State: New York Customer County: WESTCHESTER
Type Amount Rate Paid
Cashdown Tax 5.53 7.3750 Capped
Upfront Tax 780.85 7.3750 Capped
Description Amount Paid
Reg 96.00 Upfront
Insp 10.00 Upfront
Title 12.50 Upfront
DocFee 75.00 Upfront
#2799 of 2973 Re: Picked up my E350 [shappy]
Jan 22, 2013 (6:32 am)
Hey Shappy -
I just realized we got the same car but I did a regular lease instead of a 1 payment and my total amount I'll paid for the whole lease will be $10,801.98.
That's like $1,200 cheaper and I got this car from Manhattan too. You should go back there and tell them you want more off... I dealt with Mike at the store on the Westside.
#2800 of 2973 Re: Picked up my E350 [insidecarbuy]
Jan 22, 2013 (10:12 am)
I agree we got same car and although I loved my deal yours is 100 percent sweeter although I didn't do to shabby I leased at a queens dealership and took delivery yesterday and cant or wont renegotiate my deal just wondering I see you are in the business and might do a lot of business with dealership do you think regular consumer not in the business could have gotten that deal you got. Bottom line I 100 percent believe you got that deal but I 100 question whether someone not in the business could have gotten that deal.
#2801 of 2973 Re: Picked up my E350 [shappy]
Jan 22, 2013 (10:48 am)
on a single pay lease, what happens if you total the car after 2 or 3 months? Do you lose everything you put into it?
#2802 of 2973 Re: Picked up my E350 [whomp]
Jan 22, 2013 (12:06 pm)
No gap insurance covers that stolen or totaled u get refunded per paid months
#2803 of 2973 Re: Not painless but I got it done! [insidecarbuy]
Jan 22, 2013 (1:53 pm)
Is the tax and bank fee included in the $442.02 payment or was paid upfront?
#2804 of 2973 Favorable Numbers?
Jan 22, 2013 (8:19 pm)
Gents--I am confused as to how you all are getting such favorable terms on leases. I seek an E-Class Coupe in the Las Vegas area and this is what I am being given:
2013 E350 Coupe: 36 month lease. Advertised lease rate based on MSRP of $55,425 and a gross capitalized cost of $53,788. Includes destination charge. Cash due at signing includes $2,750 capitalized cost reduction, $995 acquisition fee, and first month's lease payment of $629. Total due at signing = $4,374 Residual value at lease end: $33,255.
How can improve on this? I understand that there are ABA and Winter Certificate Discounts. Can anyone possibly provide a sample fee breakdown that I can take to the dealer? I am a neophyte and just finished a year in So. Afghanistan and can't wait to get home and get my benz..makes the dangerous contractor gig worth it. Thanks.
#2805 of 2973 Re: Favorable Numbers? [commanderd]
Jan 22, 2013 (8:37 pm)
People are getting tremendous discounts off MSRP. Scroll back, some people are getting 10k off.
#2806 of 2973 Re: Favorable Numbers? [commanderd]
Jan 22, 2013 (9:23 pm)
Favorable Lease on E Coupes are not as good as their Bread and Butter E Sedans as you post states you are only getting 1637 Dollars off of Msrp on an E Sedan I got 8k off of Msrp. I also leased for 24 months Residual value is higher because car has more value going back as a 2 year old vehicle rather than a 3 year old vehicle. I would never pay any type of Capitalized cost reduction that is paying money upfront to lower your monthly payment. (Sucker Move). I would inquire Mercedes one pay which could save you 2000-2500 over cost of lease thats pre paying the lease in full. Coupes and Cabs never are heavily discounted Supply and Demand. Further their is a face lift on the 2014 E350 so they are running GREAT Programs on 2013 s. On a side note buddy got over 7k off Msrp on a 2013 GL truck and this truck is a new body style but a huge gas guzzler. Consider a E Sedan u can cut a great deal only problem most dealers inventories are very scarce for a variety of reasons.
#2807 of 2973 Re: Favorable Numbers? [shappy]
Jan 22, 2013 (11:29 pm)
What I meant to say is capital cost reduction is putting money down upfront that lowers the Msrp of the vehicle and than they use the new lowered Msrp to calculate your lease. It's really awful maybe someone could explain better.