Last post on Dec 03, 2013 at 12:08 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Mercedes-Benz E-Class, Car Leasing, Sedan, Wagon
#407 of 3245 Re: $0 down 24 months $549 posted online [jaxs1]
Nov 21, 2007 (1:29 pm)
I called this dealer, they are in brooklyn ny....
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.
#408 of 3245 Re: $0 down 24 months $549 posted online [nkf2008]
Nov 21, 2007 (2:53 pm)
I dont understand how you are able to get a fully loaded E3504matic with $1700 down for $527 a month? I have superior credit and was quoted $1250 drive off for $699/month, 15k miles/yr.
What was ur price of the car? i'm in the bay area and my car was $55k
#409 of 3245 Re: $0 down 24 months $549 posted online [jyeh74]
Nov 21, 2007 (3:29 pm)
Maybe there are some silent incentives in the Northeast? I don't see anyone in California saying they are finding anything close to east coast prices.
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.
#410 of 3245 Official E350 Lease Special
Nov 21, 2007 (11:23 pm)
Lease Offer. E350 RWD.
-$579.00 per mo/24 mos/$4224.00* at Signing
-N/A E320 Bluetec, E350 AWD, E550 or E63 AMG
-Requires P1 Pkg-P01
-$0.25 per mi Charge Over 20,000 mi
(expires 2007-11-30 00:00:00)
Low payment, but too much money down and only 10K miles per year.
People are saying they are doing better than this deal.
Mercedes Web Site Winter Event Special:
1. Available only to qualified customers through Mercedes-Benz Financial at participating dealers through November 30, 2007. Not everyone will qualify. Advertised 24 month lease payment based on MSRP of $54,085 less the suggested dealer contribution resulting in a total gross capitalized cost of $50,443.02. Dealer contribution may vary and could affect your actual lease payment. Includes destination charge and Premium 1 Package. Excludes title, taxes, registration, license fees, insurance, dealer prep and additional options. Total monthly payments equal $13,896. Cash due at signing includes $2,850 capitalized cost reduction, $795 acquisition fee and first month’s lease payment of $579. No security deposit required. Total payments equal $17,541. At lease end, lessee pays for any amounts due under the lease, any official fees and taxes related to the scheduled termination, excess wear and use plus $0.25/mile over 20,000 miles, and $595 vehicle turn-in fee. Purchase option at lease end for $35,696.10 plus taxes (and any other fees and charges due under the applicable lease agreement) in example shown. Subject to credit approval. Specific vehicles are subject to availability and may have to be ordered. See participating dealer for details. Please always wear your seat belt, drive safely and obey speed limits.
Special lease rates may not be reflected in lease calculator prices shown on MBUSA.com. Please see your dealer for final pricing.
Special lease rates may not be reflected in prices shown on MBUSA.com. Please see your dealer for final pricing.
#411 of 3245 Re: Lease Transfer/Assumption question [classe]
Nov 22, 2007 (11:35 am)
We are looking to lease a E350 with po2, parktronic, suroof and sport package. 10,000 miles per year. 24 months. It looks like the invoice is 54,111 with msrp at 58125. In November or December what should be my money factor, my residual or any other numbers I should have to come up with my numbers. What is everyone else getting for for thier E350.
Any help would be greatly appreciated!!!
#412 of 3245 E350 Winter Event...Sound like too much money down
Nov 24, 2007 (1:11 pm)
I went into my dealership in Tampa and for MSRP of 55420, the are showing me invoice of 51420 (after dealer contribution), 66% Residual, 24 months, 10k per year, money factor of .00131...
But here is the thing, they are asking for 5075 down and here is how they break it down...
684.98 (first payment with tax, broken down by 640.17 plus 44.81 tax)
177 DMV Tag Fees
4.66 Tax on tag
$3870.90 cap cost reduction
$270.96 tax on cap cost reduction)
does this seem like i am paying too much upfront?
Nov 24, 2007 (4:27 pm)
yah it sounds like they are asking too much. Back in Oct for bay area CA, I had a $1250 drive off, 15k miles/ year and a 33 month lease for a 08 E350 quoted at $699/month. Still high in my opinion compared to what some people are being offerred on this forum.
Anyone know if the Dec. lease deals are out? People have told me to wait until Dec for year end deals.
#414 of 3245 Re: E350 Winter Event...Sound like too much money down [btnugent]
Nov 24, 2007 (8:20 pm)
It looks like your dealer is marking up the MF. It should be 0.00100, per this thread in mbworld (http://mbworld.org/forums/showthread.php?t=216821). It is never a good idea to make a down payment (aka cap cost reduction) on a lease, and much less when the manufacturer is offering you a below-market rate (better to try and roll everything, including bank fee, into the lease and keep your money in your orange savings account ). The basic reason why this is a bad idea though is that if you total your car or it gets stolen, the gap insurance won't cover your down payment.
Hope this helps.
#415 of 3245 Re: MB E350 4Matic - Lease Deal. Need confirmation. [carfan20]
Nov 25, 2007 (12:14 am)
would you let me know where you are leasing the car? Is this in Southern Cal?