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Mercedes-Benz E-Class Lease Questions

1048 messages,  Last post on Nov 24, 2009 at 12:52 PM

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


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#527 of 1048
NJ deal - Just picked up E350 today by aeggroup
Feb 26, 2008 (8:45 am)
Reply
I just leased my E350 today.
Arctic white with PANO roof, Sport package, RWD, P1 package, I-Pod connection.
$1,650 out of pocket ( first payment, bank fee DMV fees ), $590 a month including
NY sales tax for 27 months. I hope it's a good deal. They not sure what program wll be in March, but current program is $2,000 cash back to dealer. Good luck to all.
#528 of 1048
Re: NJ deal - Just picked up E350 today [aeggroup] by tsmith4
Feb 26, 2008 (3:43 pm)
Reply

Replying to: aeggroup (Feb 26, 2008 8:45 am)

That sounds like a great deal. How many miles were included? Is the bank MB Finance? I am on LI - Would you reccomend the dealer? I am thinking of waiting until March to make my deal - any insight? Thanks
#529 of 1048
Lease Assumption Deal or No Deal by ggcars
Feb 26, 2008 (6:50 pm)
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I have the opportunity to assume an existing lease on a 2008 E350 4 Matic Sport. The vehicle has about 2500 miles and is nearing the end of the 2nd month of a 24 month lease. The lease payment is an unbelievable $400 per month and the current leasee would like me to contribute $2000 cash to them to ofset the downpayment they made. They also got an incredible deal on this vehicle ($49K) through an employee discount.
 
I currently own a 2003 E320 which I bought used and I have never leased a car before, so the whole thing makes me a little nervous. The Buyout price is $38K which seems very comparable to other leases I have read about.
 
Should I be nervous about this or jump on it?
#530 of 1048
Re: Lease Assumption Deal or No Deal [ggcars] by ocautoseeker
Feb 27, 2008 (1:18 am)
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Replying to: ggcars (Feb 26, 2008 6:50 pm)

I'd say if they simply wanted you to assume the lease with $0 out of your pocket, then jump on it as $400/mo for this vehicle is awesome. However, for you to contribute $2000 for them to get out of it, that's not your responsibility, nor would it be a smart investment.
#531 of 1048
Re: Lease Assumption Deal or No Deal [ocautoseeker] by crestonave
Feb 27, 2008 (2:31 am)
Reply

Replying to: ocautoseeker (Feb 27, 2008 1:18 am)

If you agreed to the $2000 contribution you'd essentially be getting the car for $491 a month for 22 months. Is that still a good deal for that car? If it is, go for it, in my opinion. There are at least two websites that I'm aware of that will allow you to search for leases that you can take over - one of them is swaplease, and the other is leasetrader. To get some comps, check them out and see what's available in terms of available leases on this car.
#532 of 1048
Re: NJ deal - Just picked up E350 today [tsmith4] by aeggroup
Feb 27, 2008 (12:39 pm)
Reply

Replying to: tsmith4 (Feb 26, 2008 3:43 pm)

Yes...MB bank, K10 miles a year....Dealer was Contemporary Moror Cars in Silver Spring NJ.
#533 of 1048
Re: E350 Winter Event...Sound like too much money down [carfan20] by dono123
Feb 27, 2008 (2:06 pm)
Reply

Replying to: carfan20 (Nov 25, 2007 8:37 am)

Hi Carfan,
Would you please let me know the contact info for the dealer. I can't find a way to send a private message.
 
Thanks, Paul
#534 of 1048
Tire, Rims insurance by aeggroup
Feb 28, 2008 (8:41 am)
Reply
Hi. My dealer offered me insurance to cover tires and rims for the term of a lease for
$490. My car is E350 Sport package. Is it worth it ? Any opinion welcome and appreciated.
#535 of 1048
Re: Tire, Rims insurance [aeggroup] by dono123
Feb 29, 2008 (12:02 am)
Reply

Replying to: aeggroup (Feb 28, 2008 8:41 am)

i wouldn't do you have special rims? I called the dealer you used for your lease. They told me to contact your car broker, can you PLEASE give me their info? PLEASE....
The guy at the dealership said I ahve to go through them to get your price.
#536 of 1048
E series lease vs buy? by mkp6er
Feb 29, 2008 (9:56 am)
Reply
Car man,
 
I'm pricing an Eseries mercedes. All dealers are offering the vehicles for sale at invoice based upon incentives from Mercedes in Feb/March. When I inquire about leasing the vehicle, the "sales" price used to calculate the lease is now MSRP.
 
The guidance in Edmunds and other sites seems to indicate the lease should be calculated on the negotiated sales price. What base price should be used to calculate a lease?

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