Last post on Dec 08, 2013 at 6:55 AM
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Mercedes-Benz E-Class, Car Leasing, Sedan, Wagon
#331 of 3248 Re: Residual and money factor for July [mfaizan]
Jul 09, 2007 (3:02 pm)
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.
#332 of 3248 Re: Residual and money factor for July [bmwcrzr]
Jul 10, 2007 (1:52 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 3248 Re: Residual and money factor for July [mfaizan]
Jul 10, 2007 (2:34 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 3248 Re: SE Michigan Lease Prices [mbman2]
Jul 17, 2007 (7:27 pm)
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 3248 Re: SE Michigan Lease Prices [star8]
Jul 18, 2007 (9:44 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.
#336 of 3248 Re: SE Michigan Lease Prices [star8]
Jul 24, 2007 (3:50 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
Jul 30, 2007 (7:10 am)
I got a great offer just still too much.
2007 E350, P1 with AMD package
MSRP about 56k
33 month, 5k down, 650 a month including So Cal tax, 599 w/o tax.
I really want to pull the trigger but my budget is about 500. Dealer says he is losing about 3k on the deal, which MB is offering cash rebates to get rid of 07 stock since 08s are coming in.
#338 of 3248 Re: E350 Lease [kermalou]
Jul 31, 2007 (12:21 pm)
Have you tried other dealers in your area?
#339 of 3248 E320 Bluetech lease
Aug 01, 2007 (3:21 pm)
Can someone tell me what to pay for E320 bluetech with MSRP $55,000, 10K miles/year, 33 months, North Texas.
Mercedes online calculator tell me DOWNPAY $5400 + TAX/TTL for Texas, and the Lease payment of $619/month x 33 months.
#340 of 3248 Re: E320 Bluetech lease [abindra]
Aug 01, 2007 (3:24 pm)
more to above question --
Or atleast tell me, is there any reason to pay more than what mercedes online lease calculator suggests (adjusting for TTL & Taxes). If yes, how much more...