mvp81

HI,

I'm considering leasing a 2003 or 2004 MB E320 or E500. I'm a Canadian resident and i cant seem to find much information on residuals and money factors. Could you please give me a rough idea on what to expect in terms of residuals and moneyfactors for the following cars.

2003 E320
2003 E500
2004 E320
2004 E500

I'm a recent graduate and this is my first time purchasing (leasing) a car. I would appreciate any advice and info you can offer.

Thanks,

LeaseCompare

I'm checking on the data from a CA company we work with there.

mvp81

Thanks Tarry,

Your help is much appreciated!

mvp81

Hi Tarry,

Just checking in to see if you've managed to uncover any info.

Thanks again for your help!

LeaseCompare

Here is the info I received:

Tarry -- we don't have residual %'s for used cars -- they're fixed numbers instead. Mercedes' used car rates aren't that hot -- but they have cheap money on new E-class cars. I've put down my residual and money factor below, for use in any province west of Quebec:

Vehicle: 24 36 48

2003 E320 31,400 25,350 19,650
2003 E500 39,700 33,050 26,600
2004 E320 37,150 30,450 23,750
2004 E500 45,500 39,600 31,900
Rate: 6.95 7.45 7.75
Monthly Admin: $40 $30 $20

mvp81

Thanks for the info Tarry. Would you happen to have any good leasing contacts in Toronto, Ontario that you could refer me to?

LeaseCompare

Nothing in Ontario right now although we are working on our LeaseCompare.ca site that will hopefully launch early next year.