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Mercedes-Benz E-Class Lease Questions

1053 messages,  Last post on Dec 03, 2009 at 5:37 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Mercedes-Benz E-Class, Car Leasing, Sedan, Wagon


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#955 of 1053
Re: Someone Help answer this. I guess Car Man is busy! [aeggroup] by frogger97
Oct 06, 2009 (5:05 am)
Reply

Replying to: aeggroup (Oct 05, 2009 5:32 am)

Thanks!
#956 of 1053
Re: What to Do With New Lease? [frogger97] by aeggroup
Oct 06, 2009 (5:38 am)
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Replying to: frogger97 (Oct 06, 2009 5:03 am)

Ouch...is it so expensive today ???
last time i spoke with my guy - he said it will be around $750...
#957 of 1053
E350 Release deal just got today. Please help! by broadbandd
Oct 06, 2009 (10:44 pm)
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Hi, Car Man and other experts, I got a lease deal today from a local dealer. Please see below. Do you think it is a reasonable deal? Please help me. I personally think it is a fair offer. Thanks!
 
.Here is more information as well as a price quote on 2010 MB E-350.
  
E350W $48,600
775 Iridium Silver $720
101 Black MB-Tex
                                                                   
    ***** STANDARD ACCESSORIES *****
K15 Factory Code - Maintenance Interval
K22 software Control for lowbeam lamps
R02 All Season Tires
U10 Weight Sensing System - WSS
U12 Floormats
1U2 Snow screen for AC
232 Garage Door Opener
236 Daytime Running Lights
249 Autodimming Mirrors
264 License Plate Holder
265 Delete Elegance Badging
275 Power Dr.Seat & Steering Col. w/ Memory
279 Electronic Drive Position Selection
291 Pelvic Airbag
294 Knee Bag
301 Ashtray
309 Cup Holders
359 Tele Aid
414 Glass Sunroof
427 7-Speed Automatic Transmission
428 Steering Wheel Gearshift Paddles
461 English Inscriptions
475 Tire-Pressure Monitoring System
494 Emission Equipment
524 Paint Protection
543 Double Sun Visors
551 Anti-Theft Alarm System
580 Dual-Zone Climate Control
634 First Aid Kit
636 Collective Code
668 Sea Packing & Dispatch
690 Spare Wheel (Mini)
763 Remote Key w/Panic Button
800 2010 Registration Year
875 Heated Washer System
887 Lockable Safe Box
919 Cooling Amplifier
986 VIN# Code
989 Vin Code
                                                                   
    ***** OPTIONAL ACCESSORIES *****
P01 P01 Premium Package: COMAND with 40GB Ha $3,950
    049 : iPod/MP3 Media Interface Cable
    218 : Rear View Camera
    512 : COMAND w/Navigation and Voice Control
    518 : iPod/MP3 Media Interface
    536 : SIRIUS Satellite Radio
    540 : Power Rear-Window Sunshade
    810 : harman/kardon Sound System w/Dolby 5.1
    873 : Heated Front Seats
R08 R08 Wheel Package: 18" AMG Twin 6-Spoke $750
    277 : Sport Steering Wheel
    786 : 18" AMG 6-twin-spoke wheel
293 Rear Side Airbags
321 321 Sport Package: 18" 5-Spoke Wheels in
    V04 : Tire Rating
    51U : Black Roof Liner/ W212
    677 : Sport Suspension
    772 : Sport Bodystyling
    951 : Appearance Code
    954 : Avant Garde Package (Sport)
731 Burl Walnut Wood Trim
917 PZEV-Emission, USA
                                                                   
    SUBTOTAL $54,020
    DESTINATION & DELIVERY $875
    TOTAL $54,895
   
 Lease price is $ 51.000.Term is 39 months 10k per year.
Drive off is $2500.00
Monthly base is $708.40.00
Monthly tax is $65.53 base on 9.25%
  
Monthly payment is $773.93.00
#958 of 1053
residual and money factors on E-Class 350W in october by anweisz
Oct 08, 2009 (6:21 pm)
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what are the residual and money factors for this 2010 car offered by Mercedes Benz
financial in October, for a 39 month 7500 mile per year lease. would appreciate
a prompt answer
#959 of 1053
Re: E350 Release deal just got today. Please help! [broadbandd] by Car_man HOST
Oct 09, 2009 (2:03 am)
Reply

Replying to: broadbandd (Oct 06, 2009 10:44 pm)

Hi broadbandd. You know that you're punchy after a looong week when you look at the term "Pelvic Airbag" and chuckle. Need more coffee .
 
OK, let's take a look at the deal that you were quoted. There is probably a spread of around $3,700 between this car's full MSRP and dealer invoice price. The selling price that you were quoted appears to be right around dealer invoice, which is an excellent deal.
 
Just make sure that the dealer that you are working with uses MB's current buy rate lease money factor of .00270 to calculate your car's payment and you're in business.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#960 of 1053
Re: residual and money factors on E-Class 350W in october [anweisz] by Car_man HOST
Oct 09, 2009 (2:05 am)
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Replying to: anweisz (Oct 08, 2009 6:21 pm)

Here you go, anweisz. Mercedes-Benz Financial's October buy rate lease money factor and residual value for a 39 month lease of a 2010 E350 Sedan 2WD with 7,500 miles per year are .00270 and 61%, respectively.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#961 of 1053
Re: I bought it! [crestonave] by sh00k
Oct 11, 2009 (4:04 am)
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Replying to: crestonave (Nov 30, 2007 9:43 am)

i everyone! i am in nyc. here are the specs on my new e-class!
 
2010 E350 Sedan (Rear wheel drive only) (black exterior / black leather interior with ash (like marble) inserts)
P2 package
panaramic sunroof
18" wheels
------------------
sticker price for the car is about $57k
 
i traded in my 2006 scion xb with 37k miles on it.they gave me 8k for the car..
 
so it was my:
Scion XB = $8000
CASH = $3500
-------------------------
Total down = $11,500
 
monthly payments on the car (39 month lease, 12k miles per year) =$580/month.
 
Just to see how much i would be spending on the ride in total after the end of 3 years, i played with the numbers--
$11.5k down + ($580 x 38months) = $33540 total to lease the car.
 
Does this sound like I got an OK deal guys? This is the first ever lease I've gotten. I usually buy my cars outright with cash so this felt a little odd for me....
 
anyway, let me know... thanks and i wish everyone luck on their car search!!
#963 of 1053
Re: I bought it! [sh00k] by jayrider
Oct 12, 2009 (5:56 am)
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Replying to: sh00k (Oct 11, 2009 4:04 am)

Since you didn't post what the actual selling price [cap cost] for the car was, it is difficult to evaluate your deal. By only looking at the after trade price there is no way to tell what the dealer discounted the car. Always negotiate the price before the trade-in. That said, you may have gotten a good deal, but there is no way to tell. One thing for sure -- 11k down on a lease is not a good idea.
#964 of 1053
Re: I bought it! [jayrider] by sh00k
Oct 12, 2009 (8:40 am)
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Replying to: jayrider (Oct 12, 2009 5:56 am)

hey --
 
the total cost of the e350 came out to roughly 56k. you're right about negotiating the price first - i did not do that. i was more worried about them giving me a good price on my car. the bmw dealer was giving me 6k for my scion but benz wound up giving me 8k. the rest is cash.
 
why is it not a good idea to put down a lot in cash? i figure if i can afford it up front, it'll bring down the monthly payments considerably. i was looking forward to paying ~$800/month on the e350......
 
i ran the numbers so on my car with a sticker of 56k, leasing would come out to about 32-33k total - that's down payment + $580/month for 38 months...
 
does this info help? did i get a good deal? thanks for the heads up.

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