Last post on Dec 09, 2013 at 1:49 PM
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Mercedes-Benz E-Class, Car Leasing, Sedan, Wagon
#609 of 3251 e63 May Lease Rates
May 24, 2008 (7:19 pm)
I am trying to close a deal on a 2008 E63 and I really need to know what the real numbers are for May. I am getting very different numbers from 2 dealers. I want to do 27mo. 15k/yr. Someone please tell me the MF and Residual numbers for that vehicle from Mercedes Financial. If anyone has leased one this month it would be great to know what your MSRP, cap cost, MF, Residual, payment and tax rate are.
#610 of 3251 Re: e63 May Lease Rates [jackk1]
May 25, 2008 (1:00 am)
Here are MBC's numbers for May on an E63 AMG lease with 15k annual miles. Be sure and have them factor in the $2000 MFD incentive when negotiating your cap cost.
24 M -- Residual 59% -- .00100
27 M -- Residual 59% -- .00120
36 M -- Residual 50% -- .00175
The cap cost you mentioned ($86,940) in your previous post looks very aggressive. If you opt for the 27m/15k term, you'll be around $1300/mo + tax. Standard drive off costs will apply.
Hope this helps...
#611 of 3251 Re: e63 May Lease Rates [ocautoseeker]
May 26, 2008 (9:10 am)
Thank you very much. What is MFD? Mercedes Financial D?
#612 of 3251 Re: e63 May Lease Rates [jackk1]
May 26, 2008 (2:46 pm)
MFD = Manufacturer-to-Dealer (cash), 'aka' marketing support, 'aka' trunk money as dealer's will so refer to it.
In this case, there is $2000 on the table (dealer does NOT have to share this with you), but he most-likely will pass it along to you in the form of a cap cost reduction if you let him know that you're aware of it.
#613 of 3251 Lease transfer for Mercedes E350
May 28, 2008 (5:45 pm)
I was offered by one current E350 mercedes owner to take over/ transfer his lease to my name. The offer was as follows;
Lease ends March 2009.
The seller pay the changeover fee to MB Financial...
Monthly payment = $480.03/month including sales tax
Residual $39,272 (plus $595 turn-in fee if not purchased)
11,000 miles remaining through March 2009
$500 cash incentive up front.
Is it good deal? What should I ask him more?
#614 of 3251 Re: Lease transfer for Mercedes E350 [jhujb]
May 29, 2008 (1:24 am)
Yeah - that looks like a really good deal, especially since the current lessee will pay the assumption fees. You only have 9 months left to drive that car, though. What are you planning on doing at lease-end?
#615 of 3251 Did I get a good deal on my new E350
May 29, 2008 (5:15 am)
I just recently bought a new Mercedes Benz 2008 E350. Came with Cognac Leather, Black, P2 package, iPod integration, Burl Walnut, and Sport package for an MSRP of $58500. Got it at $53500 and now paying $742/mo with $3500 down incl taxes and everything for 33 months. This is in Florida. Did I get a good deal? I also contacted regency leasing after I bought it just to see what they could give me and they said $740/mo with $1800 down but that seems to good to be true as I got it $3000 below sticker, just wondering if I got a good deal.
#616 of 3251 Re: Lease transfer for Mercedes E350 [jhujb]
May 29, 2008 (10:18 am)
I would be careful about assuming a lease for the following reasons. All responsibilty is transferred to you. If the car needs tires or has excessive w/t when you turn it back you will get billed. Also, if the car has been in an accident and upon turn in inspection they find something wrong, you would get stuck with the bill. Also, any aftermarket changes to the car could trigger a bill to you at lease end.
It can be a good way to get a short-term lease with no money down. Check swaplease.com as they have thousands of people trying to get out of their leases. Again, I would use caution because if the car messed up in any way you could be stuck. There are inspection companies that you could hire to look the car over before you assume the lease. You can find them on the internet.
#617 of 3251 Re: E350 lease check [calbear05]
May 29, 2008 (8:38 pm)
Signed the deal today...what do you think?
Rear Window Blinds
Electronic Trunk Closer
$650/month including 8.5% CA tax
$1200 drive off - First month, Tags/Title, Doc fees
#618 of 3251 Re: E350 lease check [calbear05]
May 30, 2008 (3:25 am)
Thats a REALLY LOW miles/year allowance, you sure you only drive that? I know I can drive double that without a sweat, but it would probably up your monthly payment alot, just wondering since youll probably have a hard time staying under that