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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: nkf2008 (Nov 27, 2007 6:33 pm)
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Replying to: marky22 (Nov 29, 2007 4:01 am)
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Replying to: javafan1 (Nov 30, 2007 2:23 am)
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Replying to: marky22 (Nov 29, 2007 4:01 am) Would you mind sharing your residual? Any idea what the money factor is? I'm thinking about a 4matic e350 wagon myself. It doesn't look like the wagon deals are as good as the sedan, however. Thanks!
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Replying to: marky22 (Nov 30, 2007 4:03 am) I got a quote from a local MB dealer (NY) for a E350-4matic+P1, MSRP is 56780. The lease rate is much higher than the one you have. I will call Keith to see if I can have the same deal. |
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Replying to: crestonave (Nov 30, 2007 9:43 am) E350 4matic sedan: 24, 63%, 0.00080. 36, 53%, 0.00155. E350 4 Matic wagon: 24, 59%, 0.0039. 36, 48%, 0.00350. **both above money factors are for 15,000 miles per year. For 12,000 add 2%, for 10,000, add 3%. These are November number but, I believe they are going to be the same for December based on the MBUSA web site. Hope it helps.
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Replying to: marky22 (Dec 01, 2007 4:16 am) I'm also thinking about the new Volvo XC70 wagon but before I pull the trigger I want to at least check out the 4matic wagon. Appreciate!
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Replying to: marky22 (Nov 29, 2007 4:01 am) It looked to have many MB cars on it offering rebates. I think this is a Fleet rebate for dealers. Meaning, the more cars they push out the more money back they get, looks like a volume discount, but you have to sell an 'x' amount. It makes sense for them to give the cars away at lowered prices, and then get that money back directly from MB instead of the consumer. Not sure how this is all working, but it seems here in NY/NJ MB dealers are doing this. Your best bet is to go through a leasing agent instead of a big shop like Prestige. I have called everyone, Sovreign, Regency, a few places in long island, many MB dealers, everyone keeps offering similar rates give or take +/- $50 bux on a deal per month. I am not a fan of the E-Class honestly, I got a CLK, its just a personal pref. (on the E3504matic fully loaded) I had an offer with 2000 grand out of pocket, and 499 a month for 10k miles 27 months. and as much as 530 per month for 1700 out of pocket. I think these numbers vary when they play with the money out of pocket. but 530 with 1700 out, i think that is the deal where the dealer makes very little or nothing at all and its all just about the rebate money at the end of the lease program.
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Replying to: nkf2008 (Dec 01, 2007 12:03 pm) Re the fleet rebate, based on volume of sales, etc, that could explain why the Smithtown dealership is ran some kind of invitation-only event today - wanted to pack the house and get as many cars as they can out. I won't go to a dealership on Saturday. I'll wait until the early part of next week and stop in and see what they will do for me. Thanks! |
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Replying to: crestonave (Dec 01, 2007 4:53 am) The lease rate for xc70 is not bad, i got: 2500 out of pocket (ny tax included) 525/month premium, climat & convenience, nav , blis 24month, 10.5k E350 wagon is not for lease, MB want you to buy it and that's why MF is so high. I am looking R350 right now. the money factor is 0.0006 !
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