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Prices Paid: Buying & Leasing Experiences 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
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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)  $2,000 below invoice based on the incentives, but didn't need to ask. The dealer made this offer straight away (but you should know that my salesman knew me and sold me a GL recently that I negotiated pretty hard). 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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2008 E350 4matic Pewter w/ Cashmere Designo Burl walnut iPod kit Wood steering wheel Premium 1 Sport package MSRP w/ destination charge $ 57,970 Cap Cost $49705 Monthly payment $576 ( 535.81 + 40.19 tax) 27 month MF .00030 Residual 62% Out of pocket costs: Inception cost $795 Doc fee $249 1st month $576 NJ fees (registration, sup titling, tire fee) $ 488.82 Total out of pocket ---------------------------------$ 2108.82 I picked up the car today....What do you think of the Deal!!!!!!!!!!!!! 
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Replying to: lbibum (Jun 28, 2008 5:36 pm) thanks
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Replying to: shawn757 (Jun 28, 2008 10:06 pm) You might want to give your dealer a call....now.
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