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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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#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.
#328 of 1049
E320/E350 Leases post July 4th make no sense by abindra
Jul 05, 2007 (7:36 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
#329 of 1049
Residual and money factor for July by mfaizan
Jul 07, 2007 (1:49 pm)
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Can somebody please post the residual and MF on a E350 4Matic Sport for a 24 month, 12K per year lease? My dealer is quoting me 61% and .00385 which I think are crazy high!
#330 of 1049
Re: E320/E350 Leases post July 4th make no sense [abindra] by bmwcrzr
Jul 09, 2007 (2:56 pm)
Reply

Replying to: abindra (Jul 05, 2007 7:36 am)

Hi ABindra,
 
Yes, I am in the same boat as you. As a matter of fact I had put a deposit to secure rates, but the dealer forgot to put my deposit down.
 
I have been told the rates will change as of July 15th.
 
So I am going to wait.
 
Also the reason as to why the 2008's are higher is because of inflation... But your resale value will be higher, so it all works out the same at the end of the day.
#331 of 1049
Re: Residual and money factor for July [mfaizan] by bmwcrzr
Jul 09, 2007 (3:02 pm)
Reply

Replying to: mfaizan (Jul 07, 2007 1:49 pm)

Hi MFaizan,
 
2008 Mercedes E350 4matic Sedan
24 Month – Residual 67% of MSRP – .00405 Base Rate
36 Month – Residual 56% of MSRP – .00370 Base Rate
48 Month – Residual 48% of MSRP – .00370 Base Rate
60 Month – Residual 43% of MSRP – .00370 Base Rate
 
Your dealer is charging you .00385 because they want to make more money. Regardless of what year you're looking for 07 or an 08, you should start your negotiations at invoice.
 
As per Edmunds, there is $3,000 trunk money in this car. Which means you could ask the dealer invoice minus another $3,000 to start your negotiations.
 
If, I were you, I would wait until July 15th (as I am). I have been told Merc is going to drop their rates due to the unpopularity of the deals.
 
Good luck
#332 of 1049
Re: Residual and money factor for July [bmwcrzr] by mfaizan
Jul 10, 2007 (1:52 pm)
Reply

Replying to: bmwcrzr (Jul 09, 2007 3:02 pm)

Thanks bmwcrzr. I plugged in the numbers that my deale rgave me on an online lease calculator and got a monthly payment of $1219 on a 24 month lease! This is after a $7000 discount on a demo with 3000 miles. That is just a crazy payment. MF of .004 in 10%. Who is going to pay that?? I don't know what MBUSA is smoking!
 
I got a quote on a BMW 335xi with auto/prem/cold for $630 pm. Seriuosly considering that.
#333 of 1049
Re: Residual and money factor for July [mfaizan] by bmwcrzr
Jul 10, 2007 (2:34 pm)
Reply

Replying to: mfaizan (Jul 10, 2007 1:52 pm)

Hello again MFaizan,
 
I too went to test the 528i and was not impressed with the interior after sitting in the E350 (and having my heart set on one. Mind you I have always been a BMW driver. I currently have two sitting in my garage.
 
Couple of things.
 
1. The 335xi and 535xi is probably the best engine BMW has produced in a very long time. There is no comparison between the twin turbo and Merc's 3.5 7 speed auto.
 
2. If you really want the E350 (which by the way is a bigger car than the (335i), perhaps you want to wait until the 15th of July for Merc's new rates.
 
3. If you really want the 335i still, I would urge you to wait until August. I am not promising but I have been told that August rates are going to drop for BMW across the board (perhaps not the 328i).
 
Good luck on whatever you decide and keep us posted.
#334 of 1049
Re: SE Michigan Lease Prices [mbman2] by star8
Jul 17, 2007 (7:27 pm)
Reply

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

Did you end up getting the lease? I was looking into one and I got quoted $600 zero down for 33 months somewhere in birmingham.
#335 of 1049
Re: SE Michigan Lease Prices [star8] by toobz
Jul 18, 2007 (9:44 pm)
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Replying to: star8 (Jul 17, 2007 7:27 pm)

If I were you, I would go for the 2008. They are using a lower money factor and higher residual. MBUSA did not lower the money factor for 2007. All programs ended July 5th and they did not make them any better as hoped after July 16th. The $3000.00 off MSRP for a 2007 won't get you the payment your looking for.
Our local dealers only have a few 2007 left and they are ready to make deals on 2008 for the Summer event. I was told only a trickle of 2008 are coming in. If you can wait, the Winter Sales Event is usually a killer deal.
Make sure to get all the specs on the deal your quoted for $600.00. It could be a non-sport E350W without P1 or P2.
Good luck!
#336 of 1049
Re: SE Michigan Lease Prices [star8] by mbman2
Jul 24, 2007 (3:50 pm)
Reply

Replying to: star8 (Jul 17, 2007 7:27 pm)

Yea I got it. And I love it
 
you should really try and go to the dealer in Rochester. Everyone is so nice over there

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