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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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#318 of 1049
Mercedes lease prices by bvelez9685
Apr 23, 2007 (2:50 pm)
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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)
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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)
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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.
#321 of 1049
2007 e350...how'd I do by waggy
Jun 21, 2007 (1:27 pm)
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2007 e350, P1, sport,53715 msrp, southern cal
33months /10k miles yr
$4850 at signing, $499+tax/mo
just curious
#322 of 1049
SE Michigan Lease Prices by mbman2
Jun 29, 2007 (10:43 am)
Reply
At Mercedes of Rochester Hills I got a quote for a lease on a E350
 
2007 E350 Package 1 Sport
$389/mo
33 months
10,000 miles a year
$2725 due at signing
 
Should i go for it?
#323 of 1049
Re: SE Michigan Lease Prices [mbman2] by toobz
Jun 29, 2007 (10:42 pm)
Reply

Replying to: mbman2 (Jun 29, 2007 10:43 am)

Sounds like a good deal to me. I have a 2007 E320 sport with P2 pkg, on an employee program lease for $440.00 per month. The term is 27 months for 10k/year. I love the car and will be disappointed when the lease is over. Very good residual and low money factor. Go for it...you won't be disappointed!
#324 of 1049
Re: SE Michigan Lease Prices [toobz] by mbman2
Jun 30, 2007 (12:56 pm)
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Replying to: toobz (Jun 29, 2007 10:42 pm)

Then i guess i'll go for it, THANKS
#325 of 1049
Re: SE Michigan Lease Prices [mbman2] by bmwcrzr
Jul 02, 2007 (10:40 am)
Reply

Replying to: mbman2 (Jun 29, 2007 10:43 am)

Hello mbman2
 
I was wondering how your car is packaged and priced and how much are you getting it for.
 
Also I would appreciate if you could tell us what the money factor is that they are offering you. Perhaps I can use your deal to negotiate mine.
 
My deal is not far off, but the dealer is making money on the MF. I just want know how much money they are making.
 
Thanks for your help and congrats
#326 of 1049
Re: SE Michigan Lease Prices [bmwcrzr] by mbman2
Jul 02, 2007 (11:57 am)
Reply

Replying to: bmwcrzr (Jul 02, 2007 10:40 am)

yes, the car has the Premium 1 package which includes DVD Navigation, Bluetooth, SIRIUS radio, heated seats, and a power rear sunshade.
It also has the Sport package which has 18-inch wheels, a lowered suspension and dual exhaust.
 
MSRP is $54,415
 
Money Factor is a 3.5 I believe, not 100% positive.
 
I hope this helps BMWcrzr
#327 of 1049
Re: SE Michigan Lease Prices [mbman2] by bmwcrzr
Jul 03, 2007 (12:22 pm)
Reply

Replying to: mbman2 (Jul 02, 2007 11:57 am)

That sounds like a great money factor... Thanks for the reply. the dealer is telling me that MF for the E right now is .0017 but they are charging me .0019 to .0020 to "make" some money.

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