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Prices Paid: Buying & Leasing Experiences Mercedes-Benz E-Class Lease Questions
739 messages, Last post on Aug 08, 2008 at 8:05 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
| i pay $700 a month for my ML550 and its roughly the same price as an E350 | |
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Replying to: nacho2 (Jan 27, 2008 10:15 am) 24 Month – Residual 63% of MSRP – .00115 Base Rate 36 Month – Residual 53% of MSRP – .00170 Base Rate 48 Month – Residual 45% of MSRP – .00170 Base Rate 60 Month – Residual 41% of MSRP – .00355 Base Rate 2008 Mercedes E350 Sport 4matic Sedan 24 Month – Residual 63% of MSRP – .00115 Base Rate 36 Month – Residual 53% of MSRP – .00170 Base Rate 48 Month – Residual 45% of MSRP – .00170 Base Rate 60 Month – Residual 41% of MSRP – .00355 Base Rate * Rates and residuals are based on 12k annual miles. Add 1% to residual for 10k miles, Subtract 2% from residual for 15k miles. In regards to your father's Infiniti. If the vehicle was leased through Infiniti Financial Services, it should've included the GAP coverage. If the lease was through a secondary lender, hopefully he purchased a GAP policy to cover the entire payoff. This is the first thing you need to find out. As for the sales tax in NY, you are only taxed on the depreciation and taxes can be rolled into the monthly payments. In Illinois, you are taxed on the entire cap cost, and taxes are typically due upfront. |
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Replying to: ocautoseeker (Jan 27, 2008 4:01 pm)
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Replying to: ocautoseeker (Jan 27, 2008 4:01 pm) Appreciate!
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Replying to: ocautoseeker (Jan 23, 2008 5:38 pm) Lease is based on the 2008 E63 AMG equipped with optional Premium Package P2, and $2,000 lease cash. Dealer may contribute up to $3950.25 towards the $999 monthly lease special. I understand the 2K lease cash. Do you know what they mean by dealer may contribute up to 3950.25?
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Replying to: jim53 (Jan 28, 2008 12:41 pm) Mercedes Benz Credit sets the residual and money factor, but since the dealer is a franchise, they are not obligated to discount the vehicle. However, most will, and typically will discount more than the required contribution. |
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Replying to: crestonave (Jan 28, 2008 9:51 am) 24 Month – Residual 59% of MSRP – .00215 Base Rate 36 Month – Residual 48% of MSRP – .00215 Base Rate 48 Month – Residual 42% of MSRP – .00215 Base Rate 60 Month – Residual 38% of MSRP – .00355 Base Rate * Rates are based on 12k annual miles. Add 1% to the residual for 10k miles. Subtract 2% from the residual for 15k miles. I was assuming you were interested in the E350 wagon? The E550 wagon rates are much higher, Just fyi. |
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Replying to: nacho2 (Jan 28, 2008 9:39 am) |
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Replying to: ocautoseeker (Jan 23, 2008 1:16 am)
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Replying to: jim53 (Jan 30, 2008 1:52 pm)
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