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Prices Paid: Buying & Leasing Experiences Mercedes-Benz E-Class Lease Questions
1051 messages, Last post on Dec 01, 2009 at 5:36 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: lbibum (Jul 03, 2008 1:18 am) regards, k |
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Replying to: jets80 (Jul 05, 2008 11:11 am) a E350 is leased at $569 with some down and tax. Dealers are negotiating individually for lower prices due to the huge glut of vehicles that needs to be cleared out. k |
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Replying to: ksoman (Jul 07, 2008 7:05 am)
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Replying to: kroach (Jul 07, 2008 8:55 am) |
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Replying to: kroach (Jul 07, 2008 8:55 am) Here is what he told me and what I know: The deal advertised on www.mbusa.com is called Summer Love. If it is being called Employee Pricing, that's a misnomer as the discount is in the 8% range. If you don't have the MVP #, you are looking at about 8% discount + low lease rates. If you indeed have a MVP #, you'll get the 12.5% discount + lower lease rates. If you don't have the MVP#, which is what I believe a majority of cases to be: This deal is through Mercedes-Benz Financial at "participating" dealers till end of July - he said participating is based really on how much inventory you got and how desperate you are to push cars out the door. By his estimate, sales are down and almost all dealers are desperate... $569/mo, $4214 out of pocket - 10K miles/year - This does not include spreading tax, title, and other fees $55,195 based on Premium Package 1, destination charge, metallic paint Dealer Contribution of 3586.96 Net Cap Cost $51,608.04 $595 vehicle turn in fee Purchase option at lease end = $35,324.80 plus tax Other things like excess wear, extra miles are all as usual spelled out separately In NJ, my dealer mostly has cars with premium package, wood steering and ipod kits on the deals... more or less... I forgot if townhall lets you post dealer names, salesperson names, so i'm not posting those details here... K
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Replying to: ksoman (Jul 08, 2008 4:50 am) I was lucky(buy some random luck) that the dealer actually gave me EMPLOYEE pricing, on a car. Basically i got the car, same exact price as yours, but also with IPOD KID. WITH employee pricing..i got the car, with 10kmiles a year for. $384 a month $1140 down. so you can see there is a substantial savings. and the money factor, was unheard of...  .00001 , which is basicaly 0% interest. I hope more people can get this kinda of deal, its truly remarkable for a $55.5k car. But i know my local mb dealer(ann arbor, MI)...has about 30 E-class models...but it seems they sold about 6 this past weekend alone, so the sale seems to be helping. 
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Replying to: vchad (Jul 08, 2008 3:06 pm)
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Replying to: kauffman1974 (Jul 08, 2008 4:28 pm) I tried for about a month to locate an employee willing to give it, didn't have much luck. Finally the dealer, dunno how...i didnt care...offered me car at employee price..and literally 35mins after they called me....i signed the paperwork for the E-class lease. I wish i knew of a way to help u guys out, i can't tell you how much i love the E-350. I had a gs300 previously...very different cars. Almost....literally.....HALF the lease payment of lexus...so i felt it was a once in a lifetime deal to pass up. My damn cell phone and cable tv/internet bills...come out to almost 300 a month....and getting a $55.5k car for around $384 a month was too good to be true....lucky for me, it was a damn good deal.
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Replying to: vchad (Jul 08, 2008 8:56 pm)
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Replying to: jets80 (Jul 09, 2008 5:17 am) Can you provide some additional information on your deal in Brooklyn/Monmouth? How much $$$ down? What is the length of the lease? How many miles per year? What was he cap cost? What was the money factor? What was residual value? Thanks so much for your help.
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