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Mercedes-Benz E-Class Lease Questions

1048 messages, Last post on Nov 24, 2009 at 12:52 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: sflease (Apr 26, 2009 11:11 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Apr 30, 2009 2:33 am) Do you know of any special May promotions for leases on the E350? I'm also interested in the current money factor and residual on a 7500 mile/year lease with 36 months. Thanks for all of your help! John
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Can I get some help and advice on the following lease quote. I'm thinking about the 48 month lease, but it feels a little expensive. Any thoughts on where I can negotiate? Thanks MSRP $58,275 Gross Cap Cost $53,315 (includes Doc fee of $220 and Acquisition fee of $995) Cap Cost reduction: $1,016.85 paid by me as part of $2,000 down payment 4 year lease $652.31 plus RI sales tax [not property tax which is separate] of $45.66 total monthly $697.97 3 year lease including same state tax = $797. Adj residual on 4 year lease $23,310 7500 miles per year Money factor/Rate = .00064 |
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Replying to: briandc (May 18, 2009 6:28 am) Briandc, they are totally taking advantage of you, do not walk, RUN AWAY from it. Currently there is a $6000 rebate on the car alone, and dealers were given another $4000 per car as a fleet sales promotion. So you should get a discount of 6k alone on rebates...here in chicago, i was offered RIGHT off the bat, 10k on the car. This car is being replaced within weeks, with a new model, for them to offer only 5k off the msrp is a slap on the face, they are totally trying to take advantage of you. Id start with 14k off, and maybe go up to 12k off at the minimum you would take. I hope others will chime in with there experience, but please dont get taken advantage of like that. The Aquisition Fee, is $795 from MB financial, they are also overcharging you there as well. Overall, they are overcharging you in every aspect.
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Replying to: vchad (May 18, 2009 11:21 am)
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Replying to: briandc (May 19, 2009 4:20 pm) I was offered finally, $12.5k off on car they had on the lot, but i went with p1 4matic, sport. It was for a lease, keep in mind, this was TWO months ago. You should be able to do much better, The car is only getting older, and new model days away. If they dont even come close to 12k off, walk away......deal with someone else. I mean most dealers are trying to get rid of them, but it seems, this particular dealer still wants to take advantage of you. Read the posts on previous pages, to see what kind of lease deals others are getting, and you'll see 10k off seems to be a minimum. dont cave, hold out for the best offer! |
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Replying to: briandc (May 18, 2009 6:28 am) |
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After a little looking around - this is where I am. I would like to see them take another $3k off the cap cost of the car. I welcome your comments. Thanks E350 $58,995 MSRP $49,685 Cap Cost 36 mos 7,500/yr .00044 MF 47% residual Payment $644 + tax Drive off costs: 1st month Acq fee $895 Fees & insurance $370 Upfront tax $62 Thanks everyone.
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Replying to: john_rydell (May 05, 2009 8:11 am) When negotiating your lease on this car, make sure to take advantage of the $4,000 cash incentive that is currently available on it. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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