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Mercedes-Benz E-Class Lease Questions

1049 messages,  Last post on Nov 25, 2009 at 12:39 AM

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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#311 of 1049
Re: Leasing E350 2007 - please share? [thedork] by thedork
Apr 09, 2007 (4:24 pm)
Reply

Replying to: thedork (Apr 09, 2007 3:23 pm)

I got a quote today:
 
2007 E350
P1
Sport pkg
MSRP 54,415.00, price 48,988.00
39 month lease with minimum drive off $1,622.00 and
12000 miles
$691 including tax
Money factor 0.0030 - isn't that too high? How much should be the residual value? Thanks!
#312 of 1049
2007 E500 4Matic - lease questions by viscor
Apr 10, 2007 (7:44 pm)
Reply
I need anybody's help or input on the following:
1. Will lease the car in Illinois.
2. 36 mos. 15,000 miles/yr
3. Money Factor?
4. Residual?
5. Any discounts or reduction of the sticker price.
6. What are your out of pocket costs
 
Thanks for your feedback. It'll be invaluable for my lease.
#313 of 1049
Re: Leasing E350 2007 - please share? [thedork] by df4801
Apr 12, 2007 (9:46 am)
Reply

Replying to: thedork (Apr 09, 2007 4:24 pm)

Wow to thedork,
 
Great price. The dealer is actually selling the car for less than he paid, even after holdback. Maybe he is desparate to sell, so maybe you should try to get him down another $1000 or so.
#314 of 1049
Re: Leasing E350 2007 - please share? [df4801] by thedork
Apr 12, 2007 (9:54 am)
Reply

Replying to: df4801 (Apr 12, 2007 9:46 am)

Thanks for the reply. I am not very familiar with the pricing - sounds like a good price - the MF is actually 0.002. Do you know what is the residual value for 39 months? I need to calculate the monthly payment.
 
Is it better to get a 36m lease? What about the 3 extra months - warranty?
 
Thanks,
Thedork
#315 of 1049
Re: Leasing E350 2007 - please share? [thedork] by paulh8888
Apr 16, 2007 (6:49 pm)
Reply

Replying to: thedork (Apr 12, 2007 9:54 am)

Hi, I'm in Boston. My dealers quote a MF of 0.00149 here for 39 months, 10K/year. I think your selling price is good, but they make up for it by the higher MF. My dealer used 57% MSRP for the residual for 39 months. Hope this helps.
#316 of 1049
Re: E350 4Matic Lease [ed4040] by paulh8888
Apr 16, 2007 (6:54 pm)
Reply

Replying to: ed4040 (Apr 03, 2007 1:05 pm)

If you are still looking, check out the MB website for a nationally advertised lease on this very model for 27 months. It is 599/mo with 2850 down (cap cost reduction). If you add in the other drive off charges, it comes out to 4000 something though.
#318 of 1049
Mercedes lease prices by bvelez9685
Apr 23, 2007 (2:50 pm)
Reply
I am currently seeking a lease on a Mercedes E350matic, with Premium I and IPOD connection. I was quoted $733.17 monthly payment. Details are as follows:
MSRP: $56,915 Sale price of car: $54,793, Residual: 39,477, MF: 0.00205, 27 mos lease drive off: Taxes, etc.. $3275.13 Is this a fair deal? HELP!
#319 of 1049
Lease numbers for May by tpixley
Apr 26, 2007 (4:25 pm)
Reply
Carman are you still out there? I would appreciate the current residual and money factor for an E350 4matic, 36 months 10K miles. Also, in doing a lease deal, do you think there will be any problem in using my father in law's employee discount that we seem entitled to? It would make the Cap cost very attractive!
 
Tpixley
#320 of 1049
Leaseing a E350 Please offer your help... by bmwcrzr
Jun 14, 2007 (10:47 am)
Reply
I Car_man, or anyone else who can offer some help,
 
I thank all of you for your help in advance.
 
For the past 6 years or so I have only leased BMW's . But with the ridiculous MF and residual BMW is offering on their new 528i I decided to visit my local MERC dealer. To my surprise I found a incredibly helpful (not so informative) sales person.
 
I test drove a ML350 , E350 , and an R350 (just out of curiosity)... I guess if I was married and my wife really wanted a mini van I would get one.
 
1. This is what I was offered. E350 white, black MBTex, P02 (I want this package), sport package (I understand this is free) at...
- MSRP - 55,615.00
- Base Cap - 47,5XX.XX
- Residual - 63% (I don't know how this dealer is offering me this rate because June rates have changed.)
- MF - .00190 (I know current rates are .0017 right?)
- I am told car tax in CA is 8% (????)
 
The dealer has not yet mentioned what they would charge me as far as fees (MACO, bank fees, paperwork fees, acquisition fees) would run me.
 
2) What should I expect to pay the dealer in fees to get this deal.
 
3) I understand it is bad to put a down payment (vehicle loss) but I know my friend usually gives the dealer about $5,000.00 and at the end of his lease he gets it back. He claims it helps him keep his payments down. How does that work?
 
Looking forward to hearing from you soon.

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