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Prices Paid: Buying & Leasing Experiences Mercedes-Benz E-Class Lease Questions
1049 messages, Last post on Nov 25, 2009 at 12:39 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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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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Replying to: hotlanta2 (Nov 14, 2007 5:42 pm) $515 per month for how many months, how many miles and how long ago? Was it 2007 or 2008? Unless you got one of those 48-60 month leases with 10K miles per year I see in newspaper ads, that sounds great.
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Replying to: rustymonty (Nov 17, 2007 6:00 am) |
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Replying to: hotlanta2 (Nov 14, 2007 5:42 pm) What are the details if your lease? term, mileage, etc. Thanks. |
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http://newyork.craigslist.org/brk/car/484223097.html Unfortunately it's only 7500 miles per year. It is a 4Matic though loaded with nav and other options though. It sounds too good even for only a 7500 mile per year allowance. I'd take 15K miles and less optional equipment for the same price if I could get it. I notice it is in NY and people here quoted the cheap leases in New Jersey. Are there more lease incentives in that NY/NJ area than in California right now? Here is what I found in California: http://www.mercedescalifornia.com/PPC/2008-Mercedes-Benz-E350-Sedan.html
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Replying to: jaxs1 (Nov 20, 2007 7:24 pm) I got a quote for the e350 4matic loaded, 27 months, 1700 out of pocket for 527. I got quoted for a clk350 with a P1 package, with just 1700 out of pocket, 500 a month. What is interesting is that the december rates are due to come out next week. Will these prices stick around or will they drop more. 
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Replying to: nkf2008 (Nov 21, 2007 1:29 pm) What was ur price of the car? i'm in the bay area and my car was $55k
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Replying to: jyeh74 (Nov 21, 2007 2:53 pm) I would take it if I could get it. I already e-mailed my insurance agent to give me sample quotes on an E350 just in case I was able to find a dealer in the entire state of CA with a similar deal. You can fly to LA one way for $125 on Southwest from the bay area, have the dealer pick you up or take a shuttle to the dealer from the airport and then drive the car back home if that's what it takes. |
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