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Prices Paid: Buying & Leasing Experiences Mercedes-Benz E-Class Lease Questions
761 messages, Last post on Oct 21, 2008 at 8:29 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
Any one know what the deal is with the March Leases? In December it was $3k back, in Jan/feb it was $2k with a smaller lease factor. Will March be a smaller lease factor and $3k? Anyone know?
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Replying to: golfer71 (Mar 02, 2006 6:04 pm) |
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Replying to: Car_man (Feb 20, 2006 2:44 am) Do you advice making a single lease payment? the saving is good. Are there any potential risks in making a upfront single payments considering if the car is a total or stolen. Please advice. Thank you.
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I've never leased before, and while this is after the fact, I thought I'd share the deal I was able to partake in and thank you all for at least letting me know (by reading this and other forums) it was "a good deal." Well at least from everything I have read before or since, it looks like it was a reasonable deal at least... Specifics: 2006 E350 4matic premium package, Iridium silver paint, destination charge list: $56965.00 / "purchase:" $49446.49 CCR: $3000.00 Lease term: 27 month Mileage: 10K/year Payment (before taxes): $527.01 Residual value: $41014.80 Standard fees - at least for around here - were charged for prep/document handling, etc. That is, other dealerships had similar fees for the same things. Spoke to several brokers and they all indicated this was a "good deal." Apparently the dealer (based in Westminster, Colorado) was looking to push out some cars for volume. They moved 15+ E350s in 3 days - even some of the staff took the deal I was told. Guess they pretty much plowed all of their incentive cash back into the deal. I was looking for something short term - 2-3 years and this fit the bill quite nicely. I have no intention of keeping this car - really just waiting to see what diesels make it here in the meantime : ) |
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Replying to: Car_man (Feb 20, 2006 2:58 am) What do you think about this deal? I'm in Maryland. $832 payment is with $0 down. This is an E350 4matic. 2006 E350 lists for $61185 and the selling price will be $54900 before taxes and tags. The 39 month lease with 15000 miles per year with 1st month, acquisition fee and tags upfront (a total of $1965) is $832 per month. An addtional $5000 at signing reduces the payment to $690 (a total of $6823 upfront). The residual is $35487.30 (58% of the MSRP) and the money factor is .00285 with approval by MB Financial. All figures are good through 3/31/2006. |
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Replying to: richardga73 (Feb 28, 2006 3:31 pm) Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: golfer71 (Mar 02, 2006 6:04 pm) Car_man Host Smart Shopper / Prices Paid Forums
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Replying to: Car_man (Mar 20, 2006 2:08 pm)
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Replying to: npc (Mar 07, 2006 7:15 am) Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: golfer71 (Mar 20, 2006 4:01 pm) Vehicles that are leased with 15,000 miles per year have residual values that are 2% lower than vehicles that are leased with 12,000 miles per year. The exact impact that change has upon your vehicle's lease payment depends upon its price and how long you lease if for. Car_man Host Smart Shopper / Prices Paid Forums
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