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Mercedes-Benz E-Class Lease Questions

664 messages,  Last post on Jul 05, 2008 at 7:26 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#283 of 664
Re: 2006 E500 Lease? [poorprof] by poorprof
Nov 27, 2006 (12:43 am)
Reply

Replying to: poorprof (Oct 11, 2006 12:22 pm)

WI Simonson in Santa Monica CA has this special:
  
New Redesigned 2007 E350
(2 available / No substitutions)
(Premium Package 1)
MSRP = $53,715
Drive-off Total = $5,399
10k miles per year
  
27 months = $399 + tax
 
This is the same deal as ZERO down and $599 a month.
#284 of 664
Greenway Mercedes Houston by jimdoug
Nov 30, 2006 (8:16 pm)
Reply
First time posting a message. I went to Greenway Mercedes in Houston. If you live in Houston, you know that this is the dealership in the center of the city. Long story short, We agreed on a lease price for an 07E350P1. The manager came out to congratulate me on the deal. I go back to the financial department, and they tell me they have "made a mistake" and did not calculate in some "taxes", which now, should be paid by me, the consumer, after we agreed on a price. CERTAINLY this may have been on HONEST mistake, certainly this could have been a used car lot ploy, but whatever it may be, they did not honor the agreed price initially decided by me, the salesman, manager and financial "person", and they tried to get me to agree to another deal, i.e, more money down, longer lease, etc..
#285 of 664
Drive off by spotenator
Dec 04, 2006 (9:59 am)
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Car_man, I will be leasing a 2007 E350 P1 Sport tomorrow. My question is concerning "Drive Off". Assuming I am coming to the table with zero down (no cap cost reductions) what is usual and customary to be paid in the drive off cost? There will be no security dep and I assume first month lease payment is in there. But, after that I have little idea.
 
Thanks
#286 of 664
Lease quote help by geoc
Dec 17, 2006 (5:41 pm)
Reply

Replying to: spotenator (Dec 04, 2006 9:59 am)

car_man,
I'm unsure if I'm being offered a good deal on 27mo/10,000mi/yr. $760/mo with $5K upfront on E350W4, leather, P2 pkg, Pano roof, trunk closer. Residual $36K
They also suggested one payment and save $2-3K. MSRP $61K
Thanks for any help
#287 of 664
E350 4matic by fushi
Dec 18, 2006 (11:02 am)
Reply
Im about to lease a E350 4-matic which has an MSRP of $59,665, Invoice of $56,442 and the dealer is letting it go for $56,942 (500 above invoice). The lease 15K miles a year, 39months with 2396 down (1st month, cap, title, tags, bank fee, etc) comes to $835 a month. Is this a good deal? Are there any dealer discounts running around (I know there is $5K for 06 models)? Any help would be greatly appreciated. The dealer is in the NY/NJ area.
#288 of 664
Re: 2006 E500 Lease? [poorprof] by glfan
Dec 22, 2006 (11:59 pm)
Reply

Replying to: poorprof (Nov 27, 2006 12:43 am)

Yup, got the E350 deal with sport and P1 package with a sticker price of $53,715. I got it for $4600 under the invoice. The dealer marked up the invoice with a $600 IRG advertising cost. I guess I got a $4k off invoice in reality.
 
The leasing factor on a 39 month lease is lower at 220. However, the residue is lower at 59% on a 12k mile/year for 39 months.
 
Paid $4300 drive off and $470 + tax a month. I think it's pretty good.
#289 of 664
Re: Drive off [spotenator] by Car_man HOST
Jan 03, 2007 (5:40 am)
Reply

Replying to: spotenator (Dec 04, 2006 9:59 am)

Hi spotenator. At lease signing, you will have to pay your car's first month's payment, Mercedes-Benz Finance's $795 acquisition fee, a security deposit - which you aren't paying, and any required state taxes or fees.
 
Car_man
Host
Prices Paid Forum
#290 of 664
Great Deal? by den110
Jan 05, 2007 (3:59 pm)
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Just leased a E350 P1, sport package, panarama roof. 27 months 7500/yr(my wife doesn't drive much). $2064.70 out of pocket (for 1st month, bank fee, mv doc etc.) zero cap cost. payment is $588.76 (includes tax). Any thoughts?
#291 of 664
new lease programs in february by abuaisha
Jan 23, 2007 (1:01 am)
Reply
Hello Car_man!
from your experience, do you think the new program that is supposed to come out in february will be better to lease an 07 e350? I am undecided whether to go and get it now, or to wait till new program comes out, supposably the residual has already chnged as of the january first, and that february first it should stay the same,because they dont change residuals every month, but there might be some lease cash available, what do you think? should i go get a deal now or should i just wait 10 days?
 
thanks!
#292 of 664
E-350 rolling forward while in reverse by stockerup
Jan 24, 2007 (7:32 pm)
Reply
I almost had a wreck this past weekend. I was trying to turn around on an incline. I put the car in reverse and when I took my foot off the break to give it gas, the car started rolling forward. Has anyone else had this problem?
 
I have 07 E350. Now my wife is affraid to drive the car.
 
Any comments would be appreciated.
 
Thanks
 
Stockerup

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