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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
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Replying to: vchad (Jul 09, 2008 12:37 pm) thanks for the response and setting the record straight. 
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Replying to: kauffman1974 (Jul 09, 2008 12:37 pm) You seem to pretty much have the same exact car as mine...Except i have the IPOD kit..which was 400 more. The problem here is....Your not getting true employee pricing..either the dealer is able to give to you, but isn't giving you the full discount. Or he's just not able to give you employee pricing...and is doing the best they can. Your "special internet price" should be $44,700 or so...IF they are giving you true eomployee pricing. Since my car had ipod kit...and got employee price of $55,100?...and the ipod kit is 500...it should be less than mine. There seems to be about a $2400 difference in price between your car and mine. So thats about $87 more a month. BUT your money factor is WRONG. and that could also be the difference in savings. The original MB deal...was .00030 MF nationally. I thought that was what i was gonna get too....but im assuming with Employee price...i got .00001 MF. WHich is prolly alteast another $50 in savings. I just can't to figure out why urs is $620 a month. Because your 620 - 384(my payment..for same car) = $236 difference a month. $236 * 27 = $6372. which is a ridic difference. I wish i had more to tell you...but somewhere...this dealer is hiding costs or taking advantage of you. DONT let them do it. I have to say, my deal took me about 30minutes...fastest i ever bought a car...they were straight forward....they wanted to get rid of a car...and i wanted it ...so it was win-win. You seem to know what your doing, use my #'s and approach them again...if they say its not true...i will personally mail you a copy of my purchase agreement.
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Replying to: vchad (Jul 09, 2008 12:54 pm) Based on my calculations on what the dealer offered me, I was coming in at approx $510 a month (which included tax). My response to the dealer and their subsequent reply is as follows: ME: I've run my own lease calculation analysis and for some reason I'm coming up with a much lower monthly payment than what you have noted below. With a base cap cost of 47,044 and a net cap cost of 45,994 (47,044 - 1050 down) and using the .00085 money factor with 8.5% sales tax on a 27 month lease, I'm coming up with a payment of $510.92 which includes the taxes. Based on this, I have a depreciation amount of 10,852, with a finance charge of 1,862 and tax of 1,170. DEALER: You are missing a few things but I cannot tell you how your software works. I will be more than happy to show you my software when you get here. Your adjusted cap cost before you take out your down payment is $48, 682.84 You did not factor in the 1095 acquisition fee, 45 doc fee, your dmv lisence of $381 and the bluetooth adaptor of $510 which I included in your lease. I have no idea how, based on the initial deal they presented that they came up with a $48,682 adjusted cap cost. Thanks for the heads up on the moneyfactor.
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Replying to: jets80 (Jul 09, 2008 10:26 am) |
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Replying to: kauffman1974 (Jul 09, 2008 1:02 pm) Your sales tax is a little higher than mine(6%)..so a few more hundred there. THe blue tooth adapater...is sold at cost for 400. The problem with your cap cost is...he's not giving you employee price...thats the main difference. You mentioned a 1k down or so....My down payment included the Acquisition fee. So there is no need for him to add it to your cap cost. If i were you...i would NOT pay more than First month + Acquis fee + tags. And the money factor...he's clearly trying to decieve you. Somehow this dealer doesn't sit well with me. He's misleading you on Acquis fee and MF. Be careful with these guys... |
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Replying to: ksoman (Jul 09, 2008 12:26 pm) Thanks for the reply thats kind of what I thought too. Its just hard to believe that you can get this kind of car for under $600 per month. I guess what really threw me was that another dealer would not beat or even match the deal that I got. |
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Replying to: vchad (Jul 09, 2008 1:12 pm) I'm definitely not getting employee pricing and I'm ok with that since its such a hard thing to manage to get in the first place. I just want to make sure I'm getting the best deal I can on this car. I know my monthly payments should be somewhere below the $600 mark. I'll let you all know where I end up. |
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Replying to: vchad (Jul 09, 2008 1:12 pm) DEALER: Where are you getting these numbers from? Whoever is trying to confuse you has no idea what they are talking about. I think its time to move on to another dealer here in socal.
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Replying to: kauffman1974 (Jul 09, 2008 1:53 pm) I'm sorry to hear this dealership is being so dishonest. Your in cali, i'm sure you prolly have plenty of MB dealers around..shop around. About the Aquis fee. http://www.mbusa.com/models/main.do?modelCode=E350W it says it right on there...i was off by $45..its $795. It amazes me...the audacity this idiot has in telling that your being misled. Perhaps you should tell him to read his own companys website. 
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Replying to: vchad (Jul 09, 2008 3:10 pm) |
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