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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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#411 of 1049 Re: Lease Transfer/Assumption question [classe] by cwakefield Nov 22, 2007 (11:35 am)
Replying to: classe (Nov 19, 2007 7:50 pm) 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 1049 E350 Winter Event...Sound like too much money down by btnugent 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? Replies to this message: passat_mx (Nov 24, 2007 8:20 pm) carfan20 (Nov 25, 2007 8:37 am) gzirpolo (Nov 27, 2007 8:04 am) dono123 (Feb 27, 2008 2:06 pm)
#413 of 1049 e350 by jyeh74 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 1049 Re: E350 Winter Event...Sound like too much money down [btnugent] by passat_mx Nov 24, 2007 (8:20 pm)
Replying to: btnugent (Nov 24, 2007 1:11 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 1049 Re: MB E350 4Matic - Lease Deal. Need confirmation. [carfan20] by skh168 Nov 25, 2007 (12:14 am)
Replying to: carfan20 (Nov 18, 2007 7:37 pm) Carfan20,   would you let me know where you are leasing the car? Is this in Southern Cal?   Thanks.
#416 of 1049 Re: MB E350 4Matic - Lease Deal. Need confirmation. [aas5] by skh168 Nov 25, 2007 (12:16 am)
Replying to: aas5 (Nov 19, 2007 6:07 pm) AAs5,   Would you let me know if you are leasing in Southern Cal? thanks Replies to this message: aas5 (Nov 26, 2007 4:50 pm)
#417 of 1049 Re: E350 Winter Event...Sound like too much money down [btnugent] by carfan20 Nov 25, 2007 (8:37 am)
Replying to: btnugent (Nov 24, 2007 1:11 pm) Too much money. I am in Florida, and the past several cars I have leased, I got from a dealer in NY. If you are interested, send me a private message and I will send you the contact information. The price I got was $499 per month, 24 month, $2300 total out of pocket (includes first payment).   I drove the car at a local dealer, and the E350 drives like a dream. I have an MB R350 for the wife... but the E350 drives SOOO much smoother! Replies to this message: gzirpolo (Nov 27, 2007 8:04 am) dono123 (Feb 27, 2008 2:06 pm)
#418 of 1049 Re: I bought it! [hotlanta2] by gzirpolo Nov 26, 2007 (12:54 pm)
Replying to: hotlanta2 (Nov 14, 2007 5:42 pm) Hotlanta Where did you purchase your E350? I'm looking for a deal similar to yours. What packages did you get? Replies to this message: hotlanta2 (Nov 26, 2007 3:35 pm)
#419 of 1049 Re: I bought it! [jaxs1] by hotlanta2 Nov 26, 2007 (3:33 pm)
Replying to: jaxs1 (Nov 19, 2007 9:36 pm) This was a 2008. 24 months, 12,000 miles per year.   Sovereign MB in Brooklyn, with fleet group. Replies to this message: jaxs1 (Nov 26, 2007 6:31 pm) nkf2008 (Nov 27, 2007 6:33 pm) marky22 (Nov 29, 2007 4:01 am) and 19 more...
#420 of 1049 Re: I bought it! [gzirpolo] by hotlanta2 Nov 26, 2007 (3:35 pm)
Replying to: gzirpolo (Nov 26, 2007 12:54 pm) Sovereign MB, Brooklyn, NY (fleet group)This was a e350 and not 4matic. around $55,000 sticker. P1 Package, Ipod, and custom paint.

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