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Mercedes-Benz E-Class Lease Questions

1049 messages,  Last post on Nov 25, 2009 at 12:39 AM

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


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#377 of 1049
Re: Nov program! [miker] by jeffreyds1
Nov 10, 2007 (8:35 pm)
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Replying to: miker (Nov 10, 2007 2:41 pm)

That sounds like a deal to me! I will try to make the similar deal or even close to it. Do you have any idea what your dealer discounted the car down to get that number . Sounds like capitalize cost is way below invoice.And does this include sales tax in your state. Also do you know what the residual value is after 24 mos? Turn in fee after 24 mos is $595 I believe. Tire insurance sounds ok as long as it covers NORMAL wear and tear. Check the fiine print. I have had it before and ther was a pro ration and no wear and tear provision. Good luck with your new ride.
#378 of 1049
I bought it! by marky22
Nov 13, 2007 (9:51 am)
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Well gentlemen I went to the dealership on Saturday and leased a 2008 E350 4Matic w/ prem 2, Pan roof, Parktronic.MSRP $59,625.00. 24 months, MF 0.00080, residual 66% 10,000 per year. Payment 605.00 which includes PA 9% tax. At closing $1720.00 includes 1st month, tags, acq fee. I have the signed "Retail Buyer's Order". The car is broken down with the VIN number included and he gave me a copy of the Netstar sheets. He tells me the cap cost/selling price was 52,900 but, when I run the numbers the cap cost reads 50900. I asked wow he came up with the lease payment, he said the manager does the figures. I pick up the car at the end of the month. I'm a little nervous and hope that the dealership does try and do something screwey at that point. MIKER DID YOU PULL THE TRIGGER AND PICK UP YOUR CAR? I AM CUROIUS ABOUT YOUR SITUATION AND HOW IT PLAYED OUT.
#379 of 1049
TO MIKER by marky22
Nov 13, 2007 (12:17 pm)
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I think we should share our experiences and try to educated each other. Are we talking about Prestige Motors?
#380 of 1049
Re: TO MIKER [marky22] by miker
Nov 13, 2007 (6:39 pm)
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Replying to: marky22 (Nov 13, 2007 12:17 pm)

Yup Prestige however the dealership in Englewood nj has the same deal your number is even better the price of the car he ran the numbers on was $57120 I did have 12k per however I was paying taxes up front. Regardless I think if your getting a 57,000 car on a 24 month lease for 600 bucks per month you can't go wrong. I've been looking at the bmw 535 as well and the numbers for the same priced car is not even close. other cars like the m35 the leases are 39 months. the sick part of me wants to wait until dec to see if it gets better.. Marky did your dealer mention anything about the tire insurance.
#381 of 1049
money factor E350 wagon by carnutfan
Nov 13, 2007 (7:56 pm)
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Can anyone tell me the MF for Nov/December on '08 e350 4matic wagon 36 months/10k per year and if multiple security deposits are available to buy down the rate? Thanks.
#382 of 1049
miker by marky22
Nov 14, 2007 (4:21 am)
Reply
No he did't say a word about tire insurance. You stating that you are paying the taxes up front has me a little nervous. Like I said, I believe it's a done deal being that I have a retail buyers order signed by both myself and the manager. Hopefully all will run smooth when I pick up the car in two weeks. The car taht I picked is on the water. I am currently tracking it and it is done at the VPC on November 20th. Question what axes is he talking about and how much. Listen I should be doing this but, here is my email. I think we should comapir notes. Lehighmkptd.net. Thanks Marky
#383 of 1049
Re: I bought it! [marky22] by jeffreyds1
Nov 14, 2007 (5:16 pm)
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Replying to: marky22 (Nov 13, 2007 9:51 am)

You got a great deal! Dealers here in town cant come close to that number unless i come up with addl $2800 out of pocket cash to buy down total capitalized costs.. Looks like your deal is missing about $2000.. I cant beleive they can discount that car over $9000. Not tht much markup in the Benz. I hope they dont throw you a curve and ask for more $$ when you pick the car up.. Good luck
#384 of 1049
Re: I bought it! [jeffreyds1] by hotlanta2
Nov 14, 2007 (5:42 pm)
Reply

Replying to: jeffreyds1 (Nov 14, 2007 5:16 pm)

I'm usually somewhat skeptical on car deals to start off with. Although, it sounds like Mercedes really wants to move the E350's. Maybe they are concerned about the economy. Who knows, but I don't really care. I recently leased a car an E350 for $515/month with 0 capital cost reduction. Although it was an E350 Matic, it did have a $55,000 sticker price.
 
This deal can't be beat or even close with other cars in the similar price range.
#385 of 1049
Re: I bought it! by knoxville555
Nov 14, 2007 (7:37 pm)
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Replying to: hotlanta2 (Nov 14, 2007 5:42 pm)

thanks for all the info guys. I have been following this thread for a while now. I am going to lease an E350 4matic in december. I live in NY so all this information is very helpful. I hope everything works out for all of you please post when you pick your cars up. I will post my numbers when I start talking to dealers.
#386 of 1049
Re: I bought it! [hotlanta2] by marky22
Nov 15, 2007 (6:52 am)
Reply

Replying to: hotlanta2 (Nov 14, 2007 5:42 pm)

Where did you purchase the car? Was it Prestige in Paramus, NJ? What were your total costing closing and could you please break them down? Does your monthly payment include tax and at what rate? Thank you Marky

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