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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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Replying to: shawn757 (Jun 25, 2008 5:45 pm) |
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What kind of numbers should I be looking for on a 24 month lease of an E class diesel in CA? And does anyone have any recs on a good place to go? Fletcher Jones quoted 1100 dollars a month with no wiggle room. That seems insane to me. Thoughts? Thought about going through leasetrader, but they seem to want your firstborn before you can even contact a seller.
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My lease on my 2006 E320 CDI is up in mid August and am going to begin looking for new 2008. I like the diesel but the cost of diesel gas is even more than gas right now. Don't know what is going to be happening to cost of diesel compared to cost of gas in next few years??? So, having tough time deciding whether to concentrate on E350 or E320. Even with diesel gas costing approximately .50 cents more per gallon than unleaded gas, given the fact that I only fill my diesel tank 2-3 times per month---I figure I'm still saving money over filling the tank more often with the lower mileage non diesel E350 vehicle??? Anyway, I'm still debating and need to go drive the E350 because I know it drives differently than the 320 CDI which I currently drive. So that I am prepared when I go into the dealerships can you please provide the June residuals/MF for both the E320 and E350 cars for both 10,000 and 12,000 miles. I am in Arizona. Also, does the $2000 dealer cash also apply to the E320. I'm going to start shopping now so I need the June numbers. I figure that if I can't get a deal finalized in June and end up in July that the numbers and incentives will hopefully only get better as we get closer to the 2009 cars being released. If I'm still shopping in July I'll post for the new July numbers---when do these become available? Thanks for the info. |
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I'm not sure that leasing a 320 for two years makes any sense. I understand the savings in diesel over premium gas, but I'm not sure that the savings makes up for the difference in cost between the 350 and the 320 on a short lease. The one who's making out is the person that buys that 320 that you only leased for 2 years. I would bet that your TOTAL lease cost for the 320 is higher than if you leased a 350...when you add in fuel in both cases for the length of the lease. Sure the 350 uses more fuel, but it costs less than the 320. You don't make that up in 24 months. I would think that leasing a 320 may make sense on a 3-4 year lease....because I think the break even is 3 years.
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Replying to: ghstudio (Jun 26, 2008 2:04 pm) |
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Replying to: jpdc (Jun 25, 2008 1:33 pm)
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Replying to: br1973 (Jun 26, 2008 9:44 am) 24 M – Residual 65% of MSRP – .00150 36 M – Residual 55% of MSRP – .00225 Residual value based on 15k annual miles. Add 2% for 12k, and 3% for 10k. |
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Replying to: bpwyatt (Jun 26, 2008 7:45 pm) I only needed 10,000 miles/year, which saved me 1% in residual over 12,000. The only money down was $900 -- which was the first month, tags, and a $100 processing fee that I decided not to fight about. And the dealer had sent me a $500 "gas" discount card in the mail, so that was deducted for a total out-of-pocket of just about $400.
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Replying to: jpdc (Jun 27, 2008 4:09 am) |
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Hi - I am wondering how good this deal is? In NYC 2008 New 350 4M Sport Flint Grey/Black Sport Black Birdseye Ipod kit Wood/Leather Steering Wheel Voice Control Electronic Trunk Closer Premium 1 Package Total Retail 58,710 Gross Cap Cost 54,784 Tax Inc Adj Cap Cost 56,479 No money down Residual 63% Money Fact .00030 27 month lease 749 per month Cash Back from dealer by check $3,000 |
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