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Prices Paid: Buying & Leasing Experiences Mercedes-Benz E-Class Lease Questions
741 messages, Last post on Aug 20, 2008 at 6:31 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: vchad (Jul 09, 2008 1:54 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 11:26 am) |
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Replying to: kauffman1974 (Jul 09, 2008 2:02 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 1:26 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 2:12 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 2:12 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 2:53 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 4:10 pm) |
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Replying to: vchad (Jul 08, 2008 4:06 pm) |
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Replying to: kroach (Jul 09, 2008 9:08 am) |
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