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Mercedes-Benz E-Class Lease Questions

756 messages,  Last post on Oct 05, 2008 at 9:50 AM

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What is this discussion about? Mercedes-Benz E-Class, Car Leasing, Sedan, Wagon


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#438 of 756
Re: So cal deal [jyeh74] by jaxs1
Dec 07, 2007 (5:25 pm)
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Replying to: jyeh74 (Dec 07, 2007 4:57 pm)

Sounds like it would normally be an OK deal on a $55K car except others are posting payments $100-$150 less for the same thing in New York and New Jersey.
#439 of 756
Re: So cal deal [jaxs1] by shawn757
Dec 08, 2007 (2:00 pm)
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Replying to: jaxs1 (Dec 07, 2007 5:25 pm)

Hi,
I got a deal from LA dealer
 
E350 BAROLA RED 08
P1 PACKAGE
VOICE CONTROL
MSRP 56270
 
15K MILES A YEAR FOR 24 MONTHS
PAYMENT $570 including tax with $4955 total drive off(this include lease ware and tear protection plan)
 
IS this a good deal? Let me know I need to make my decision soon.
#440 of 756
Re: So cal deal [shawn757] by crestonave
Dec 08, 2007 (3:45 pm)
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Replying to: shawn757 (Dec 08, 2007 2:00 pm)

Lease wear and tear protection plan? New one on me. How much and what does it cover? Is it offered by Mercedes Benz?
#441 of 756
Re: So cal deal [crestonave] by shawn757
Dec 08, 2007 (3:52 pm)
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Replying to: crestonave (Dec 08, 2007 3:45 pm)

It's like $799. It covers tires(if there require new ones they will replace with no cost to me) + scraches and so on. Nut much of a thing but I guess I'll take it. What do you think of the deal? Can I do better? They are saying the money factor is 1% and residual is 66% for 24 months with 15k. Is this true?
#442 of 756
Re: So cal deal by shawn757
Dec 08, 2007 (3:57 pm)
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They are saying the selling price of the car is $48270. Thats like $2500 less than the invoice. I guess they are getting a rebate but he did not tell me after I asked him several times. He told me that more cars they sell, MB will take good care of them.
#443 of 756
Re: So cal deal by shawn757
Dec 09, 2007 (5:58 pm)
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What is the residual and MF on a E350 for 24 months with 15K miles an year?
#444 of 756
Re: So cal deal [shawn757] by manku
Dec 09, 2007 (9:58 pm)
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Replying to: shawn757 (Dec 08, 2007 2:00 pm)

I just bought one this afternoon, 350rwd, 55k list...
 
I paid 750 month with tax, 1200 out the door for 24 months/12k.
 
I probably paid too much, but they paid off the last 5 payments of my crappy old e320.
 
Funny thing, I wasn't really gonna buy a car, didn't do any research and now I'm seeing how dumb I was.
 
I figure I could have saved maybe 50 a month, at best. The advertised rates (579 + big down payment) work out to about 720-730 when you amortize it. I see some of the east coast quotes and am baffled at how they can be so low - my negotiated price was 48k, and i'm only paying 2500 in interest over 2 years ... thats less than 2.5% per year!
 
Anyway, the car is awesome and blows away my 2004 e320.
 
Good luck.
#445 of 756
Re: So cal deal [manku] by jyeh74
Dec 09, 2007 (11:48 pm)
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Replying to: manku (Dec 09, 2007 9:58 pm)

manku, where did u get the deal on the 08 e350? What did u get? P2? Parktronic? I am going to get a lease in so cal too within 2 weeks and i am deciding where has the best deals. Trying to get a 08 with P2 package and parktronic with no down at 15k miles/yr and 24 months for mid $600 a month.
#446 of 756
Re: So cal deal [jyeh74] by manku
Dec 10, 2007 (8:34 am)
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Replying to: jyeh74 (Dec 09, 2007 11:48 pm)

jyeh74 -
 
I don't know if you're gonna be able to do that, at least here in socal.
 
i got p1, ipod, sports, metalic paint. grey/grey.
 
basically, from what i see in advertisements, it all works out the same...your total cost is gonna be around 18500 for 24 months (that includes aquisition, licensing, taxes etc...)...whether you want to put more down, or less, that's your total cost...or about 770month all in for 24.
 
btw, things i just noticed (boy do if feel stoopid!) - a 1095 aquistion fee (why is it 400 more than on adverts - california?), and a 500 "missing docs" fee - if i lose the instruction manuals I get charged 500! i may go back today and ask them about this.
 
also, i got for 800, the 5000 wear and tear warranty - which covers all damage, incl. tires, up to 5k - considering every leased vehicle has had at least 750 in turn in damage, i think its a no brainer.
#447 of 756
Re: So cal deal [manku] by aas5
Dec 10, 2007 (10:20 am)
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Replying to: manku (Dec 10, 2007 8:34 am)

My total cost for a E350 4matic with P1 and ipod with 7.5K miles a year is $12.9K for 24 months, which includes $2.5K upfront (all fees, first payment, etc.) and 23 months at $450. I also have the $500 missing doc fee which the dealer was upfront about and just said don't ever remove from the car and you will be fine.

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