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Mercedes-Benz E-Class Lease Questions

1049 messages,  Last post on Nov 25, 2009 at 12:39 AM

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What is this discussion about? Mercedes-Benz E-Class, Car Leasing, Sedan, Wagon


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#677 of 1049
Re: Finally got my E350 4 MATIC SPORT [61cats] by jets80
Jul 09, 2008 (6:42 am)
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Replying to: 61cats (Jul 09, 2008 6:30 am)

glady give you contacts if you want offline. these offers were $0 down, the only up front costs were 1st payment, acquisition fee, and tax/title. Came to about $1500-1700, depending on if I did it in NJ vs NY. 12,000 miles a year, 27 months. For some reason, the 27 mth lease is what they are pushing. I inquired about going 36mths, and they raised the pmt by almost $125 a month??? 27 works for me...As far as cap costs, they just told me they were doing "MVP pricing"...I have no desire to buy this after the 27mths, so I never inquired about MF and Residual. I know thats not the way to do leases, but I've been all over the forum calculating the best MF and 62% residual...still cant get to their payments?? Supposedly the 2009 will be arriving at the end of Aug, and dealers want these things gone.
#678 of 1049
Re: Finally got my E350 4 MATIC SPORT [jets80] by ksoman
Jul 09, 2008 (7:07 am)
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Replying to: jets80 (Jul 09, 2008 6:42 am)

jets, i've exposed my email address if you want to contact for more info... i'll turn it back off tomorrow.
 
k
#679 of 1049
Re: Any lease option & price details on this lease?? [franklingt3] by kroach
Jul 09, 2008 (8:08 am)
Reply

Replying to: franklingt3 (Jul 08, 2008 4:42 am)

Frank,
 
I don't pick my car up until next week but hear are the details,
 
* E350 4Matic Sport Back w/black MB tex
* MSRP $57,260
* Selling price $51,289 - $5,000 rebate=$46,289
* MF .0012
* Residual 60%
* term 27 month/ 15k miles per year
* payment w/o taxes $581.00
* payment with 6.575% sales tax $620.00
* zero down first payment+$75.00 for tags upon delivery
 
After doing the math I don't know how they got the payment so low. I asked the finance guy again if this was "employee pricing" and he said it was and that there was no other way to get the payments so low. I think he may have given me the wrong residual but not sure. Also, the $5k rebate threw me a loop. I thought the employee pricing was 12.25% off msrp. All I know if I'm not taking possesion unless my payment is $620.00
#680 of 1049
Re: Any lease option & price details on this lease?? [kroach] by vchad
Jul 09, 2008 (9:25 am)
Reply

Replying to: kroach (Jul 09, 2008 8:08 am)

Hey Kroach, you actually got a hell of a deal!!
 
I bought my E-350 silver/black with P1 package and Ipod Kit last week. I actually had employee pricing as well.
 
Msrp $55.5k
Employee pricing $ 49K
MINUS 4k rebate( there is 5k on the e-550....not sure how they gave u 5k kroach)
So purchase price was $45k.
 
My car....i got it for 27months. $1140 down(first months + Lease turn in fee).
10k miles a year.
Monthly Price of $384.
 
Hey Jets80. Can u tell me what they are selling you the car for, I mean $570 is a pretty good deal, with literally ZERO down..but it seems they are still having you pay a little up front.....they can do betta. they aren't giving you true employee pricing.
#681 of 1049
Re: Any lease option & price details on this lease?? [vchad] by jets80
Jul 09, 2008 (10:26 am)
Reply

Replying to: vchad (Jul 09, 2008 9:25 am)

Technically its not ZERO down...they're charging me 1st month, plus inception fee, plus tags/title. The guy I'm dealing with was a referral, who does Mercedes Fleet Sales (someone explained to me its Wholesale vs Retail??). Whats strange is that they never told me the selling price of the car, they just sent me a sheet with the MSRP on it (a touch over $55k). This still doesn't come close to your $384 price, even if you only have 10k miles. The extra 2k miles can't be worth more than $25 a month?
#682 of 1049
Re: Any lease option & price details on this lease?? [vchad] by kroach
Jul 09, 2008 (11:09 am)
Reply

Replying to: vchad (Jul 09, 2008 9:25 am)

vchad,
 
I like to think so but your deal looks much stronger. Does your $384 payment include taxes? If it does I think I may consider walking from my deal and calling your dealer.
#683 of 1049
by jets80
Jul 09, 2008 (11:17 am)
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Yeah...either way you slice it, $384 is insane??!! What state did you get this deal in?
#684 of 1049
Re: [jets80] by kroach
Jul 09, 2008 (11:44 am)
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Replying to: jets80 (Jul 09, 2008 11:17 am)

I'm not sure I could get into a fully loaded Geo Metro for $384.00. I would take that deal and run like a bandit!
#685 of 1049
Re: Any lease option & price details on this lease?? [kroach] by ksoman
Jul 09, 2008 (12:26 pm)
Reply

Replying to: kroach (Jul 09, 2008 8:08 am)

at $46,289, you should be paying lesser per month... my lease calculator comes up
lower on payments based on your #s...
 
At two new york dealership they offered me a demo car with 3500~4000 miles on it with a discounted price of about 5k... over and above the other savings... that would have brought the price down to about 45K range.
 
even considering it's a lease, knowing the pains of a car like this going bad (i'd a bad history with a bmw convertible recently that i finally unloaded at upto 20k loss)... i decided not to take that 5k saving on price, pay the additional 100 bux a month as peace of mind insurance...
#686 of 1049
Re: [kroach] by mavs_fan
Jul 09, 2008 (12:32 pm)
Reply

Replying to: kroach (Jul 09, 2008 11:44 am)

Vchad,
 
sounds like you're getting a great deal man. I've been to a mercedes dealer and wasn't getting anywhere near the payments that they quoted you. I think others have asked for this information already and I am new to the forums so not quite sure how this works, is it possible to get contact info on the dealer that you went to.

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