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Mercedes-Benz E-Class Lease Questions

1049 messages,  Last post on Nov 25, 2009 at 12:39 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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#542 of 1049
Re: NJ deal - Just picked up E350 today [marc1963] by aeggroup
Mar 02, 2008 (4:40 am)
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Replying to: marc1963 (Mar 01, 2008 7:23 pm)

Hi. Sorry, but per rules of this forum - I can not write you the name of the person to talk.
E-mail me to aeggroupyahoo.com and I'll give you this info. Put subject of this message to the e-mail's subject.
#543 of 1049
Re: E series lease vs buy? [mkp6er] by billyperks2
Mar 02, 2008 (1:44 pm)
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Replying to: mkp6er (Feb 29, 2008 9:56 am)

MSRP is used in certain part of the lease calculation.
#544 of 1049
Re: E series lease vs buy? [billyperks2] by ocautoseeker
Mar 02, 2008 (9:47 pm)
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Replying to: billyperks2 (Mar 02, 2008 1:44 pm)

The MSRP for leasing purposes is used to determine the residual value (what the vehicle is projected to be worth at lease-end). You want to negotiate the cap cost (the actual selling price) closer to invoice, or whatever the market is bearing based on demand. This in-turn will lessen the spread between the depreciation (what you pay) and thus will lower your monthly payments..
#545 of 1049
E63 by jim53
Mar 03, 2008 (6:46 am)
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Any word yet on what happened to lease rates for March?
 
Also, I am being offered an E63 at invoice before dealer cash. Is there some reason E63s would be offered at such a price when Edmunds lists the TMV at MSRP? I'm not complaining but it just makes me wonder if I'm missing something.
#546 of 1049
Re: E63 [jim53] by mkp6er
Mar 03, 2008 (7:19 am)
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Replying to: jim53 (Mar 03, 2008 6:46 am)

mercedes is offering a $2k rebate as well as special leasing terms in March. I was able to purchase a vehicle this weekend at approx $4k under invoice, or $2k under if you include gas guzzler tax.
#547 of 1049
Re: E63 [mkp6er] by jim53
Mar 03, 2008 (7:53 am)
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Replying to: mkp6er (Mar 03, 2008 7:19 am)

how (or why) are they offering cars under invoice. As I mentioned, I was offered a car at Invoice minus the 2K which would appear to be breakeven for them. Sounds like they would be losing 2K on your deal. What gives?
#548 of 1049
Re: E63 [mkp6er] by jim53
Mar 03, 2008 (7:54 am)
Reply

Replying to: mkp6er (Mar 03, 2008 7:19 am)

Also, are the lease terms for March different than they were for February?
#549 of 1049
March rates by tsmith4
Mar 05, 2008 (5:50 pm)
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Replying to: jim53 (Mar 03, 2008 7:54 am)

I was told by a dealer and a broker that the rates for the e350 are slightly better this month than last. I am about to sign a 27 month lease 0 down but for dmv, first month, and 795 bank fee, at $620 / mo which includes my local tax of 8.625%. Car is rear wheel drive, P1, ipod, sport. Decided to go with a lease broker after the local dealer said couldn't touch that price. Never used a broker before but looks legit - anyone have any experience, thoughts, concerns?
#550 of 1049
Re: March rates [tsmith4] by aeggroup
Mar 05, 2008 (6:11 pm)
Reply

Replying to: tsmith4 (Mar 05, 2008 5:50 pm)

I used, gotta car a week ago.No any problems. You can do even cheaper than $620. I'd say from $570 to $590 is very realistic.
#551 of 1049
Re: March rates [aeggroup] by tsmith4
Mar 05, 2008 (6:23 pm)
Reply

Replying to: aeggroup (Mar 05, 2008 6:11 pm)

Thanks, I called the 2 in Brooklyn that I found on Craigslist and one who had told me 590 1 week ago claimed rates were up and first wanted 650, then came down to 625, and the second said 620.

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