Automotive Leasing & Financing Discuss the leasing and financing of your Mercedes-Benz.

2003/2004 E320/e500

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Old Sep 19, 2005 | 01:49 PM
  #1  
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CLK500
2003/2004 E320/e500

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,
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Old Sep 20, 2005 | 09:22 AM
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I'm checking on the data from a CA company we work with there.
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Old Sep 20, 2005 | 01:11 PM
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Thanks Tarry,

Your help is much appreciated!
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Old Sep 23, 2005 | 09:26 AM
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Hi Tarry,

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

Thanks again for your help!
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Old Sep 23, 2005 | 02:17 PM
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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
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Old Sep 27, 2005 | 11:05 AM
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Thanks for the info Tarry. Would you happen to have any good leasing contacts in Toronto, Ontario that you could refer me to?
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Old Sep 29, 2005 | 04:39 PM
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Nothing in Ontario right now although we are working on our LeaseCompare.ca site that will hopefully launch early next year.
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