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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
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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 |
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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 I test drove a ML350 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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2007 e350, P1, sport,53715 msrp, southern cal 33months /10k miles yr $4850 at signing, $499+tax/mo just curious |
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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? |
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Replying to: mbman2 (Jun 29, 2007 10:43 am)
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Replying to: toobz (Jun 29, 2007 10:42 pm) |
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Replying to: mbman2 (Jun 29, 2007 10:43 am) 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
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Replying to: bmwcrzr (Jul 02, 2007 10:40 am) 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
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Replying to: mbman2 (Jul 02, 2007 11:57 am) |
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E350 special leases pre-july 4th were around $550/month, and E320 were $579/month. I was hoping that leases would improve with lauch of 2008 modesl (launched 2 days back), and with July 4th discounts. Benz has now posted summer love program on 2008 but 2007 leases did not improve et all. It is not clear what is going on. The MSRP difference between 2008 & 2007 is also only $1200. Why? Other luxury brands are passing on considerable discounts post July/4th.. why not mercedes... I was tracking price gap in Accura RL & Mercedes 320 and the gap has widened by more than $7000 making me very confused if I should even wait for Mercedes prices to come down...or go ahead and entertain the aggressive Accura sales guys closing below invoice prices. Please advice on the outlook for E350/E320 2007 model pricing
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