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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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Replying to: knoxville555 (Nov 15, 2007 4:20 pm)
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Replying to: johnz5 (Nov 16, 2007 12:19 pm) |
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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. | |
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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.
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Replying to: rustymonty (Nov 17, 2007 4:46 am)
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Replying to: marky22 (Nov 17, 2007 5:11 am)
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Replying to: hotlanta2 (Nov 14, 2007 5:42 pm) |
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I am about to sign a lease on an E350 4Matic, P1, Ipod, about $55K list. Lease details: 10K Miles/year 24 months Total Out of Pocket about $2300 Monthly Payment $499 I would like to get your feedback about this deal. Would you consider this a great deal? Thanks!! |
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Replying to: rustymonty (Nov 02, 2007 4:07 am)
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