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You are in the Prices Paid - Buying & Leasing Experiences
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Mercedes-Benz E-Class, Car Leasing, Sedan, Wagon
#717 of 3245 Re: [kenb757]
Jul 18, 2008 (12:48 pm)
Oh good, just wanted to make sure I had it correct.
All things considered, is the 27 month lease the "sweet spot" right now for residual and MF? The info I saw on Roadfly for 2008 models is:
2008 Mercedes E350 Luxury Sedan
24 Month – Residual 61% of MSRP – .00085 Base Rate
36 Month – Residual 50% of MSRP – .00130 Base Rate
48 Month – Residual 40% of MSRP – .00130 Base Rate
60 Month – Residual 36% of MSRP – .00350 Base Rate
They didn't list the 27 or 30 month lease, can anyone provide residual and MF for those?
Is there a % off MSRP that I ought to be aiming for when I begin negotiating? And if so, shoudl I negotiate the price and THEN bring up the additional $4K?
Thanks again, very much appreciated.
Jul 18, 2008 (2:13 pm)
Thanks vchad. Hopefully I'll be able to get employee pricing.
dt78, my family has bought all their MBs from a dealership in OC. Feel free to email me if you want the name.
Jul 18, 2008 (10:25 pm)
The 24mo rate and residual(s) are being utilized on the 27mo lease. This is indeed the term you'll want to use. You need to adjust the residual based on mileage. Those residuals you posted are based on 15k annual miles, for 12k, add 2%, and for 10k, add 3%.
#720 of 3245 SoCal
Jul 20, 2008 (8:53 pm)
anyone in SoCal / San Diego have any recent lease deals they can share? What dealer did you use?
Went in today to look at the E350 (sport/p1/ipod). Haven't done any pricing research and got a qoute from the dealer ; 27mo lease 7,500mi/yr(don't drive much) $699month about $1300down. Like I said I haven't done the research yet but I know these numbers don't sound good.
Jul 21, 2008 (2:22 pm)
Went to the dealer this past weekend. On an E350 with P1 and Ipod adapter, it was about $715 after tax for 27 months, 15k/yr with about $1500 total drive off.
#722 of 3245 Re: $4K Rebate? [dt78]
Jul 21, 2008 (7:14 pm)
I just leased and actually got $5,000 rebate which they consider money down on the lease. So yes you can definately get 4k with the employee pricing. They also took 8.7% or $5,039 off the msrp. Adjusted cap cost was $47,221 on a $57,260 msrp. You can probably do better than this if you get the true employee price.
Jul 22, 2008 (10:47 am)
Ok the deal i got was:
$728 a month
$1042.84 due at signing (first month and tags and title)
Taxes and Bank fee in monthly payments
27 Months/12K Miles a year
-Premium 1 Package
-Sports Package (Free)
I need some help here, dealer said only $2K in rebates can be applied to car, but i'v read people applying 4 or 5k rebates, is it 2, 4 or 5k?
$52373.00 was the cap cost for this car before taxes and bank fee
$54862.16 after both added .. do you think i can get it lower?
Im trying to get it somewhere between 47-49K to get payments about $550-575, i also want to add the panorama roof but that is up in the air.
Jul 23, 2008 (6:18 pm)
Hey Vchad, this forum was a great help. I just went to a dealer in Nothern California on Sunday and picked up a white E 350 with P02 Package with MVP Pricing.
After contacting a dozen dealers up and down California I was unable to get a single dealer to give me employee pricing.
I happen to just walk into a dealership near my home and asked the sales manager if he would give me employee pricing. I told him about the pricing that i was looking for, and he worked out a deal on the P02 Package E350 for $430 plus tax a month which made the payments $470 a month for 27 months with 10,000 miles per year.
I gotta say I am definitely enjoying the car!!!
The sales manager did tell me that the employee pricing codes were given to dealers, in this case this dealership only had three, and he gave me the last code because the lady that had used the code suddenly backed out the night before. This employee code promotion expired on 7/15/08, so he had to backdate my contract to 7/14/08 to do the deal.
Once again I just wanted to thank everybody on this forum for helping me make this purchase. Congrats to all the other mercedes E class owners!!!
#725 of 3245 Re: [playamdx]
Jul 23, 2008 (10:41 pm)
Hi playamdx, I'm also in Northern cal and have been looking for this deal in the past week. Can you forward me the name of the dealership? Thanks.
#726 of 3245 E350 Lease
Jul 23, 2008 (10:50 pm)
Without the MVP pricing (aka employee discount), what is the best that one can do for the E350 lease with 10,000 miles per year and 27 months? Assuming money factor is 0.00085, how low is dealer willing to go on the selling price?