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Mercedes-Benz E-Class Lease Questions

1024 messages,  Last post on Nov 10, 2009 at 5:57 PM

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What is this discussion about? Mercedes-Benz E-Class, Car Leasing, Sedan, Wagon


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#349 of 1024
2008 e350 4 matic sport by peterm5
Oct 23, 2007 (9:08 am)
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Was quoted a 2008 E350 4 Matic Sport package w/p1, Ipod, burl walnut, headlamp washer and sunroof for:
total msrp: $56,410 This is in northern NJ mercedes dealer
 
$549/month
27 month lease
$2,956 drive off
12k miles/yr
 
Please let me know if this is a good deal. Thanks..
#350 of 1024
Re: 2008 e350 4 matic sport [peterm5] by tsmith4
Oct 23, 2007 (12:29 pm)
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Replying to: peterm5 (Oct 23, 2007 9:08 am)

Does the $2956 include tax? If so, at what rate?
#351 of 1024
Re: 2008 e350 4 matic sport [tsmith4] by peterm5
Oct 23, 2007 (12:57 pm)
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Replying to: tsmith4 (Oct 23, 2007 12:29 pm)

Yes tax, title, registration, 1st month included. The money factor is .00062 and the residual is 67%. This is for a 27 month lease at 12k/yr. $549 a month. Total drive off is $2956.00. NJ tax rate is 7%. I am about to pull the trigger someone please let me know if this is a good deal? Thanks in advance for any help.
#352 of 1024
Re: 2008 e350 4 matic sport [peterm5] by nkf2008
Oct 23, 2007 (5:12 pm)
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Replying to: peterm5 (Oct 23, 2007 9:08 am)

all the local leasing companies here in brooklyn ny have that deal and no matter who i call they all pushing the e350's.
this is the deal, they all have a coupon for them which saves you money, but they all make you buy it.
I was offered this car with just 2000 out of pocket, that includes the DMV fees, taxes, and first month payment, something like that.
499.00 a month, for 27 months.
P1 package / Nav / wood, all of that.
 
If you dont want to put anything down, and just pay a 1st month fee and DMV, taxes rolled into the payment, its something like 550, or 565, loosely, the dealer was jawing away but i wasnt to keen on the numbers he was throwing at me.
 
They also told me that the C300/C350 is going to be similarly priced next month, will see.
#353 of 1024
Re: 2008 e350 4 matic sport [nkf2008] by peterm5
Oct 24, 2007 (5:10 am)
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Replying to: nkf2008 (Oct 23, 2007 5:12 pm)

But that deal for that car is not a 4matic... I called and asked..
#354 of 1024
Re: 2008 e350 4 matic sport [peterm5] by td_nj
Oct 24, 2007 (9:44 am)
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Replying to: peterm5 (Oct 23, 2007 9:08 am)

PeterM5 -
 
FWIW, and this isn't strictly apples-to-apples, but it may make you feel better about pulling the trigger: in May, I got my '07 (with p1, panor. roof, wood), no downpayment (i.e., no cap cost reduction), 10k mi, 36 mo., for $630 at Catena/Union. At the time, no one else was coming close to that.
 
Good luck.
#355 of 1024
Re: 2008 e350 4 matic sport [td_nj] by peterm5
Oct 24, 2007 (11:08 am)
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Replying to: td_nj (Oct 24, 2007 9:44 am)

What was your drive off payment? Also did yours come with all weather mats? Thanks for your reply.
#356 of 1024
Re: 2008 e350 4 matic sport [peterm5] by rustymonty
Oct 27, 2007 (6:57 am)
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Replying to: peterm5 (Oct 23, 2007 12:57 pm)

I am confused by your use of a money factor of .00062. The stated lease rates for Mercedes Oct. 2007 on MBworld.org show .00185 on a 24 month. Can you explain how you come up with that factor and do you know if this deal is strictly up north as I am in Florida?
#357 of 1024
Re: 2008 e350 4 matic sport [rustymonty] by peterm5
Oct 27, 2007 (7:35 am)
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Replying to: rustymonty (Oct 27, 2007 6:57 am)

Thats the money factor they used here in northern NJ. Call up Prestige Mercedes and ask for Keith Deyoung for the deal.
#358 of 1024
Leasing @ end of year by jyeh74
Oct 27, 2007 (12:44 pm)
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The salesperson here in the bay told me that for the rest of the year, the payments arent gonna get better. Because residuals are going down and money factor is going up. I think he just wants to close the deal for Oct. because I heard Dec. is the best time to lease.

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