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Mercedes-Benz E-Class Lease Questions

1021 messages,  Last post on Nov 09, 2009 at 8:47 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#465 of 1021
Re: WINTER SALE [billyperks2] by aeggroup
Dec 28, 2007 (12:03 pm)
Reply

Replying to: billyperks2 (Dec 26, 2007 2:05 pm)

Yes...you are right...dealer does not eat it, but Bank does. It all depends on current promotions and financial conditons of the bank.
#466 of 1021
Re: So cal deal [myerslaw] by dkla76
Dec 31, 2007 (7:50 pm)
Reply

Replying to: myerslaw (Dec 10, 2007 12:39 pm)

Hey im looking for a no option E350 for my parent in socal. they want 3-4 yrs lease and spend about 500/month for 10k/yr and hopefully less than 2000 TDO.
is this possible?
 
does anyone the money factor and RV in Jan for 36 or 48 months at 10k miles per year?
#467 of 1021
Re: So cal deal [dkla76] by shawn757
Jan 01, 2008 (1:05 am)
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Replying to: dkla76 (Dec 31, 2007 7:50 pm)

Does anyone know whether Fulltime students can get approved by MBF without a Co-Signee? Even if you have excellent credit?
#468 of 1021
Re: So cal deal [shawn757] by jaxs1
Jan 01, 2008 (10:04 am)
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Replying to: shawn757 (Jan 01, 2008 1:05 am)

I'm sure they don't care whether you are a full time student or not as long as you have the credit and the income needed. There is no rule that says full time students are never approved under any circumstances.
Most full time students are not approved because they do not have a good enough and long enough credit history and not enough income and have too much other debt.
It is on a case by case basis, so you will have to try it to find out.
#469 of 1021
Re: So cal deal [jaxs1] by shawn757
Jan 01, 2008 (3:51 pm)
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Replying to: jaxs1 (Jan 01, 2008 10:04 am)

What if you have excellent credit history and no other debts. Only thing is you have never worked or have had a job before?
#470 of 1021
Re: So cal deal [shawn757] by jaxs1
Jan 01, 2008 (4:31 pm)
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Replying to: shawn757 (Jan 01, 2008 3:51 pm)

How can you have an excellent credit history without employment?
Most likely you will need previous credit such as paying on previous car loans for several years and also being able to prove you have income and expenses that would allow you to comfortably pay the lease. Having a student credit card for a year or two probably isn't going to be enough to qualify on your own for a lease on a new E350.
 
Why are you in such a hurry to get an E Class Mercedes before you even graduate from school?
 
If you have a credit history showing you have been paying on time on other car loans with at least the same payment amount for the last several years, then go ahead and give it a try. If not, you will need to get a cosigner or just wait.
#471 of 1021
Re: So cal deal [jaxs1] by shawn757
Jan 01, 2008 (5:28 pm)
Reply

Replying to: jaxs1 (Jan 01, 2008 4:31 pm)

I have had a normal credit card not a student one since 2002. I have been paying that since then. I don't keep balances. Now the credit limit is $40000 on it. I always pay it in time. I am a med school student so I never had time to do a job. My current car needs to be replaced so I thought of buying a E350 since I love the car. My dad wants me to have it in my name but he will pay for it. My credit score is 752. So you think I need a co-Signee?
#472 of 1021
Re: So cal deal [shawn757] by jaxs1
Jan 01, 2008 (5:34 pm)
Reply

Replying to: shawn757 (Jan 01, 2008 5:28 pm)

If you are on a full ride through school with no student loans, then go ahead and try it. Maybe you will be approved. If not, you can still have your dad get a 2 or 3 year lease for you and you can get one in your name when you are out of school.
#473 of 1021
Re: So cal deal [jaxs1] by dkla76
Jan 03, 2008 (12:41 am)
Reply

Replying to: jaxs1 (Jan 01, 2008 5:34 pm)

Hey im looking for a no option E350 for my parent in socal. they want 3-4 yrs lease and spend about 500/month for 10k/yr and hopefully less than 2000 TDO.
is this possible?
  
does anyone the money factor and RV in Jan for 36 or 48 months at 10k miles per year?
#474 of 1021
lease deals on E63 by richardga73
Jan 05, 2008 (9:48 am)
Reply
Ok folks this thread about the 350 is fascinating, however, let me change the subject a little. Accordiing to Edmunds apparently the E63 has some favorable lease deals. I have contacted the MB dealers and they are pretending to be dumb. Are Edmunds lease deals on the level? The dealers are emailing me back with deals of 500 off msrp. Wow! Such a deal. What is that, 1/2 of 1 %? Are they playing stupid because they really dont know or do they not go to the sales meetings!??

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