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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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#638 of 1049
Re: Real Life Deal on E350 [jpdc] by bpwyatt
Jun 26, 2008 (7:45 pm)
Reply

Replying to: jpdc (Jun 25, 2008 1:33 pm)

I live in the DC area and am also looking at the E350 4Matic. So the Cap Cost was the result of incentives? Did you put any additional money down? Also, how many miles did you negotiate? Thanks.
#639 of 1049
Re: California Diesel E class lease [br1973] by ocautoseeker
Jun 26, 2008 (10:17 pm)
Reply

Replying to: br1973 (Jun 26, 2008 9:44 am)

08 Mercedes E320 BlueTec Diesel (June Rates)
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.
#640 of 1049
Re: Real Life Deal on E350 [bpwyatt] by jpdc
Jun 27, 2008 (4:09 am)
Reply

Replying to: bpwyatt (Jun 26, 2008 7:45 pm)

I don't really know how we got to the cap cost. I was planning to ask for $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.
#641 of 1049
Re: Real Life Deal on E350 [jpdc] by bpwyatt
Jun 27, 2008 (6:43 am)
Reply

Replying to: jpdc (Jun 27, 2008 4:09 am)

Thanks for your reply. Looks like you got a nice deal.
#642 of 1049
E350 4Matic Sport - How good is this lease deal? by mbnyc
Jun 27, 2008 (10:38 am)
Reply
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
#643 of 1049
Finally got my E350 4 MATIC SPORT by lbibum
Jun 28, 2008 (5:36 pm)
Reply
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!!!!!!!!!!!!!
 
#644 of 1049
Re: Finally got my E350 4 MATIC SPORT [lbibum] by shawn757
Jun 28, 2008 (10:06 pm)
Reply

Replying to: lbibum (Jun 28, 2008 5:36 pm)

Wow seems like a very good deal. I asked several dealers in S. california about getting a E350 $8000+ BELOW MSRP. But they say it's impossible and it's not true. They are saying that the $2000 lease cash is not also there. Does anyone know of qa dealer in S. Cali who will be willing to do $8000+ below MSRP?
thanks
#645 of 1049
Re: Finally got my E350 4 MATIC SPORT [shawn757] by ghstudio
Jun 29, 2008 (1:08 pm)
Reply

Replying to: shawn757 (Jun 28, 2008 10:06 pm)

According to my local salesman (who may be blowing smoke) MB just introduced an "employee price" deal on the e class..good until the end of the month (better rush). That would give you the car at a 12 1/2% discount off MSRP. The rest of the lease mf and residuals are unchanged.
 
You might want to give your dealer a call....now.
#646 of 1049
Re: Finally got my E350 4 MATIC SPORT [ghstudio] by shawn757
Jun 29, 2008 (7:23 pm)
Reply

Replying to: ghstudio (Jun 29, 2008 1:08 pm)

Who is your local dealerships? All the dealerships I have been to say it's impossible.
#647 of 1049
Re: Finally got my E350 4 MATIC SPORT [shawn757] by lbibum
Jun 30, 2008 (3:27 pm)
Reply

Replying to: shawn757 (Jun 29, 2008 7:23 pm)

I leased the car from a very large Authorized Mercedes Benz Dealer with two locations in central New Jersey!
 
Certain dealer incentives might only be available in the north east region.

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