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Prices Paid: Buying & Leasing Experiences Mercedes-Benz E-Class Lease Questions
1024 messages, Last post on Nov 10, 2009 at 5:57 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Hello All. I got a quote E350 4matic, P2 Package, No charge Sport Package, 27 months, 10K a year - $1800 out of pocket ( bank fee, first payment, reg fees ) - $683 a month including NY sales tax. How does is sounds ? Is it a good deal ? Thanks for reply. |
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Replying to: dkla76 (Jan 15, 2008 9:42 am) * May vary by region |
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does anyone have the current money factor and residuals for 10K miles per year on the E550 and E63 for 3 years. If there are better deals out there for less than 3 years please provide those as well. Thanks.
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Replying to: jim53 (Jan 22, 2008 12:19 pm) E550 Sport 4-matic - 36/10k... 49% / .00355 E63 AMG - 36/10k... 56% / .00145
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Replying to: ocautoseeker (Jan 23, 2008 12:16 am) My current car doesnt come off lease until early April so I would prefer to wait a little while if possible.
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Replying to: jim53 (Jan 23, 2008 5:49 am) Go to the incentive and rebates section on edmunds.com and punch in your zip code. The rate may be more attractive on the 27 mo lease, but I don't have those numbers. Call your local MB dealer and ask to speak with the finance manager. Tell him you're interested in the the published 27 mo lease on the E63 and you want to know what the buy rate money factor is. You might want to get an appraisal on your current vehicle, if it's close to wholesale, you might get a dealer to take it in trade.
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Replying to: ocautoseeker (Jan 23, 2008 4:38 pm) MSRP. $93,810 CAP COST $88,045 TERM 39MOS/ 10K MONEY FACTOR 0.00169 RESIDUAL 56% Payment = $1282/MO. Looks like some markup in mf. Also, when I run these numbers myself, I get a payment of 1,251 (tax is 9%). Not sure where I am off.
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Replying to: jim53 (Jan 24, 2008 6:12 am) They definitely packed in some reserve on your rate. The buy rate money factor for January is .00145 (3.48%) on terms ranging from 24-48 months. Looks like they hit you for about 1/2% markup (in apr terms). Either way, the rate is still very low. As for why your payments don't match, they most-likely capped the lease acquisition fee into your payments. MBC's acquisition fee is $795. Don't be surprised if they marked it up $200 or $300 when figuring your payments. Refuse to pay the mark-up on this fee. Overall, the deal looks decent (especially for a $94k vehicle). It does appear that they're trying to make a little money, but they are not raking you over the coals. I believe there is some money left on the table though, but for a non high volume car, the deal looks decent.
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Replying to: ocautoseeker (Jan 24, 2008 8:40 pm)
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Replying to: jim53 (Jan 25, 2008 9:07 am) BMW is actually supporting the 528i with very aggressive lease rates. The 2008 BMW 528i sedan has a residual of 76% (24 months with 10,000 miles per year) and a 0.00225 money factor (5.4% interest rate). If you need any more help, please feel free to email me or reply. |
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