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Prices Paid: Buying & Leasing Experiences Mercedes-Benz E-Class Lease Questions
1053 messages, Last post on Dec 03, 2009 at 5:37 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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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Replying to: jyeh74 (Nov 18, 2007 8:02 pm) 08 E350 ($56k msrp) 15k miles/yr $1250 drive off (0 down) 33 month lease $699/month I'm in nor cal. |
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Replying to: carfan20 (Nov 18, 2007 7:37 pm) 24 months 7,500 a year (we don't drive much) 2008 E350 4matic P1 iPod $2.5K out-of-the-pocket $450/month Compare this to the advertised leases on mbusa.com for $4K out and $589/month.
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I'm about to have the lease on a 2007 E430 transferred to me from the original lessee. There are 18 months remaining on the lease. I had a couple of questions: 1. Will MB Credit let me extend the term of the lease? If so, when will I be given the option to extend the lease? In what increments can I extend the lease (6 months, 9 months, 12 months, etc?) 2. Can I get any money back if I end up using less than the allocated miles (12k per year)? I heard that MB will do this---sounds too good to be true. Thanks!
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I heard about good deals on the 2008 E350s on the C Class board, so I thought I'd verify this and see what people are getting between now and the end of this year. I think I will need 15K miles per year to not have some breathing room on the mileage. I notice one person said he put $0 down had payments $599 a month including tax on a 24 month lease with 30K miles. I wonder if that was a one time lucky deal at one dealer. Are the best deals on 24 month leases or 36 months? I would be interested in a E350 with next to no options (maybe metallic paint and something minor such as folding rear seats or burled wood trim at most or even nothing at all), no down payment and lease terms of either 24 or 36 months. If the other poster really managed $599 (tax included) with 24 months and $0 down, I would assume I should be able to have significantly lower payments if I went 36 months and had less optional equipment on the vehicle. Are there better deals than that on leftover 2007s? It sounds too good to be true for a car with MSRP around $52K and invoice over $48K. I have one concern about leasing for 36 months and 45K miles vs 24 months 30K miles. I wonder if the savings of lower payments on the longer lease would be eaten up with higher scheduled maintenance costs plus tire and brake replacement (assuming the car can make it to 30K miles without needing tires and brakes replaced before lease return)? |
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