Last post on Dec 08, 2013 at 3:53 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Mercedes-Benz E-Class, Car Leasing, Sedan, Wagon
#811 of 3249 Re: 2009 Lease with Trade-in [socalsl5]
Jul 21, 2009 (2:17 am)
Hi socalsl5. Given the fact that Mercedes is currently providing $10,000 dealer cash on the 2009 E350, you should be able to add a ton of negative equity into a lease of one if you really wanted to. Needless to say, doing so will cause you to pay much more than you should be for your new car.
I would be happy to work up a sample lease payment on the E that you are considering for you if you provide me with its MSRP and approximate selling price as well as how much negative equity you plan to roll into your lease.
Prices Paid: Buying & Leasing Experiences Forum
#812 of 3249 Re: 2009 Lease with Trade-in [Car_man]
Jul 21, 2009 (11:51 am)
Thank you for your reply... Well like I said I owe $38k on the car... I just looked up the Kelly Blue Book value and the Suggested Retail Price with an Excellent Condition on the car is $36,000. Obviously no dealer will pay this much... The trade in value on the car is $27k for good condition, and $25k for fair condition, and even though the car is in good shape, lets just assume the $25k trade in value price...
So I owe $38k, the trade-in is $25k, negative equity of $13k... I would put down about $5k into the lease, which is a bit too much to put in for a lease, but feel I have to do so to lower my payments...
Hopefully this is enough information for you to calculate a sample lease payment for me...
If it makes any difference btw Im located in Los Angeles...
#813 of 3249 Re: 2009 Lease with Trade-in [socalsl5]
Jul 21, 2009 (12:58 pm)
What a great post. I am in the same situation thinking about the same thing. I anxiously await Car_man's response!!
#814 of 3249 2009 E350 Sport/P01
Jul 21, 2009 (1:44 pm)
Sir, thank you for providing the community with so much positive insight. I hope you can be of assistance to me. I have a dealership in Southern California that is offering me $480 including tax on a 36 month/12,000 mile lease w/ a total of 3,000 down towards cap cost reduction. I am currently waiting for the breakdown. This is for a 2009 E350 w/ Sport and P01 package. What do you think?
#815 of 3249 Re: 2009 E350 Sport/P01 [alcatrazt2]
Jul 21, 2009 (2:03 pm)
That is a pretty good deal... Can you please tell me what dealership this is and perhaps you spoke with? Thank you
#816 of 3249 Re: 2009 E350 lease price paid [duwei]
Jul 21, 2009 (6:10 pm)
hi can you please let me know which dealer did you got your car from?
#817 of 3249 Need Info on 2010 E Class
Jul 21, 2009 (8:57 pm)
I have leased a BMW before and am familiar with their MF/residuals. I think the new E class is really nice. Am new to MB lease's, do all the leases run 39 mo instead of 36? What would the MF and residual be on a 15k/year 36/39 mo lease? Do they include maintenance like BMW and what are your experiences on the lease return (was a breeze with BMW).
#818 of 3249 2010 E350 Sedan RWD Commercial
Jul 23, 2009 (7:19 am)
Hey guys, yesterday I saw a commercial on channel 5 or 2 for the 2010 E350 Sedan RWD. The lease terms stated $350 a month not sure about how many months or how much due at signing. I just happened to come in the room at the end of the commercial. Anyway, I can't find this price anywhere. Anyone know any info on this?
#820 of 3249 Re: 2009 E350 lease price paid [spumiami]
Jul 23, 2009 (9:46 am)
Don't waste your time. His name was Ryan Huffman from Mercedes Benz of Encino. He said he'd be willing to take that [$480 inc. tax] deal but when I asked him to show me the breakdown he never responded back. I wouldn't mind paying a little more but to make things short, he just lost a customer.