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Prices Paid: Buying & Leasing Experiences Mercedes-Benz E-Class Lease Questions
1018 messages, Last post on Nov 03, 2009 at 1:45 PM
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Replying to: calbear05 (May 29, 2008 8:38 pm)
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Replying to: commex (May 30, 2008 3:25 am) Dealer mentioned that its actually a great time to lease the E because with the model change in 2009, the mkt value for the current E should fall which would result in MB Financial trying to be even more aggressive in adjusting the residual value for a potential buyout. The residual on my M class was close to 39k but they offered to knock off $7500. While I'm not sure what the mkt or status of the economy will be in 2 years, even at the current residual I can still buy the car for the same amt if I had purchased today since they knocked $8500 off the MSRP. There are rumors out there that MB will increase the incentive to $5,000 (from $2000) as well as instruct dealers to offer the AMG package for free (since it will replace the sport package for 2009) to move the last of the 2008 models. |
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So just wondering if you think the following is a good deal or not. 2008 E350 MSRP: 57,040 Negotiated price: 50K 33 months 12k miles per year MF .00085 Residual value 57% $3k drive off $605 per month In southern California with 7.75% tax Thanks, Leo
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Replying to: doctorleo (Jun 01, 2008 7:20 pm) The residual is correct. They are giving you the buy rate money factor. You have a very aggressive cap cost. Just have them itemize (clarify) what the $3k at signing includes. The majority should be inception fees. If you can live with a slighly higher payment, I'd say keep the additional cash in your pocket, but that's up to you. From this perspective though, I'd say go for it! |
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Replying to: doctorleo (Jun 01, 2008 7:20 pm) |
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I'm considering whether to replace my 2004 Audi A6 w/ the E350 within a few weeks (my lease expires July 2nd) or to get another A6. Audi is offering an extremely aggressive lease deal right now. The MF is .00018 -- which is less than 1%. I see that Mercedes is offering a sweet rate on a purchase -- 1.9% for up to 72 months. But I can't seem to find a breakdown on the advertised lease deal. Can anyone tell me: (1) the MF on the lease deal; (2) the residual values for a 10,000 lease; and (3) whether there's any cash or other incentives for dealers right now? Also, I've heard that 2008 is the last model year for the E350. That doesn't bother me but I would think it would mean that MB and the dealers are psuhing hard to clear them out. Can anyone confirm? Thanks.
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Replying to: jpdc (Jun 06, 2008 6:50 am) '08 E350 Luxury 27 M -- Residual 64% -- .00085 '08 E350 Luxury 4-matic 27 M -- Residual 63% -- .00030 Should be a $2000 lease cash incentive. Call local dealer to confirm. Also, I've heard that 2008 is the last model year for the E350. That doesn't bother me but I would think it would mean that MB and the dealers are psuhing hard to clear them out. Can anyone confirm? The new generation E-class will be introduced as a 2010 model in the fall of '09. It won't look much different from the current model - some cosmetic tweaks and and the SLK's 3.5L V-6 rated  300hp.
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Does anyone know if there are any incentives (like cash) for an 2008 E350 4matic. Also can anyone give me rates (MF and RV) for 33, 36 and 39 month leases. I'm in the market and did not know if I should buy now or wait for the 2009.
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Replying to: ocautoseeker (Jun 06, 2008 6:48 pm)
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Replying to: SergeyM (Jun 08, 2008 8:01 pm) I never said it wasn't an all-new model, I simply mentioned when it would become available in the states for sale, and then commented (briefly) on the styling changes and engine upgrade. Mercedes did in fact style the vehicle very similarly to the current model as to not upset the desire among the loyalists. I consider going from round headlights to square headlights a "minor" cosmetic tweak, but that's just me.  |
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