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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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#386 of 1049
Re: I bought it! [hotlanta2] by marky22
Nov 15, 2007 (6:52 am)
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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
#387 of 1049
e550 sport package by johnz5
Nov 15, 2007 (12:11 pm)
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anyone know what kind of lease deal i should get on a e550 with sport package for 39 months? thanks!
#388 of 1049
Re: e550 sport package [johnz5] by knoxville555
Nov 15, 2007 (4:20 pm)
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Replying to: johnz5 (Nov 15, 2007 12:11 pm)

probably 750-850/mo
#389 of 1049
Re: e550 sport package [knoxville555] by johnz5
Nov 16, 2007 (12:19 pm)
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Replying to: knoxville555 (Nov 15, 2007 4:20 pm)

i am being told around $1000. The msrp on the car is around $69k. Thanks
#390 of 1049
Re: e550 sport package [johnz5] by knoxville555
Nov 16, 2007 (5:52 pm)
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Replying to: johnz5 (Nov 16, 2007 12:19 pm)

1000?! For a car that doesn't even have Bluetooth that is not worth it. You can get a bmw 750i for 950-1200 per month(depending on what options you get). More car for less money. If that's too big check out the 550i. Should be around 750-850 per month.
#391 of 1049
Welcome to the E350 crowd by rustymonty
Nov 17, 2007 (4:45 am)
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Signed the paperwork the other day and yup it is true. 08' E350 P1, iPod, Wood steering wheel, sport pkg, burl walnut $55,460 sticker. 24 mth, 15k, $2700 t.o.p. and $596 tax included. I have to say I have run the numbers in excel and the deal is sweet. I know they have high acq. fees of $895 incl. in the t.o.p. but the t.o.p. includes first month and licensing fees so it is not bad. The deal is definitely a couple grand under invoice, a 63% residual and I can't figure out for the life of me either how they arrive at the depreciation fee or finance fee. The money factor looks like .00025 but that is impossible. Something going on with money back from the manufacturer or something. I would not be surprised given the economy and currency exchange (given a weak dollar and MB was once part of Chrysler) that they want to move cars. But I would definitely get on it as this is quite a deal.
#392 of 1049
Welcome to the E350 crowd by rustymonty
Nov 17, 2007 (4:46 am)
Reply
Signed the paperwork the other day and yup it is true. 08' E350 P1, iPod, Wood steering wheel, sport pkg, burl walnut $55,460 sticker. 24 mth, 15k, $2700 t.o.p. and $596 tax included. I have to say I have run the numbers in excel and the deal is sweet. I know they have high acq. fees of $895 incl. in the t.o.p. but the t.o.p. includes first month and licensing fees so it is not bad. The deal is definitely a couple grand under invoice, a 63% residual and I can't figure out for the life of me either how they arrive at the depreciation fee or finance fee. The money factor looks like .00025 but that is impossible. Something going on with money back from the manufacturer or something. I would not be surprised given the economy and currency exchange (given a weak dollar and MB was once part of Chrysler) that they want to move cars. But I would definitely get on it as this is quite a deal.
#394 of 1049
Re: Welcome to the E350 crowd [rustymonty] by marky22
Nov 17, 2007 (5:11 am)
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Replying to: rustymonty (Nov 17, 2007 4:46 am)

Congrads. I have a couple of questions. 1. with the 2700 top could you please break that down. 2. Was it Prestige Motors in Paramus? 3. Under your calculations would did you and the dealer come up with as a cap cost/selling price? 4. How far under invoice was it. also for those of you looking for Money factors and residuals on all benzs, go to www.mbworld.org. Go under the leasing and financing section. For the person looking for a E550. I spoke with Keith DeYoung at Prestige in paramus and he tells me that they are not any of these avalible and you would have to order one. He estimates the lease to be at around 1100.00 per month.
#395 of 1049
Re: Welcome to the E350 crowd [marky22] by rustymonty
Nov 17, 2007 (6:00 am)
Reply

Replying to: marky22 (Nov 17, 2007 5:11 am)

I am waiting for copies to be returned of lease etc. so I will get exact details in the coming days. 1. I believe it was $596 (1st mth.) $795 acq. fee $149 dealer fees and $1,160 cap cost reduction which total $2,700 t.o.p. 2. Yes 3. No I just mentioned that I had seen the deal here in the Edmunds board and we worked from there. From what I can tell it was $2k under.

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