View Poll Results: Would you lease a 2001/2002 E-class or wait until the 2003 is released?
Lease 2001/2002 NOW
4
44.44%
Wait
5
55.56%
Voters: 9. You may not vote on this poll
Lease a W210 now, or wait until 2003 is released??
Thread Starter
Newbie
Joined: Mar 2002
Posts: 5
Likes: 0
From: Portland, OR
2001 Acura CL-S
Lease a W210 now, or wait until 2003 is released??
If you had a choice to lease a 2001/2002 W210 E-class, or wait until the 2003 W211 is released, which would you choose?
Last edited by pwille; Mar 15, 2002 at 07:20 PM.
Senior Member
Joined: Nov 2001
Posts: 277
Likes: 0
From: S. Florida
'01 E55 AMG - Brilliant Silver (very rare)/ Charcoal, K2a
Without question ... I'd wait for the new model ... especially if you are going to lease.
When leasing, the lease payment is based (in great part) on the amount the vehicle will depreciate over the term of your lease. This number will be subtracted from your Cap Cost (MSRP) to arrive at your vehicles value at lease turn in (residual ... which is also expressed as a percentage of value: Residual = 78% of Cap Cost for example).
Upon introduction of the new model, the older-E's (including mine) will loose 'some more' of their value as a result of the new model ... in addition to the normal depreciation that occurs as any vehicle gets older.
So, when your dealer figures out the lease payment on the old model E, he will use a lease-end vehicle value (residual) that will not only encompass the normal depreciation, but also the loss in value attributable to the introduction of the new model. In other words, your lease payment will be higher with the older model E than it would with the newer model.
That's the general leasing guidline: an older model will almost always be more expensive to lease than a newer model.
And irrespective of cost to lease ... the new model will have a lot of new, neat stuff in it that the older models don't have!
Hope that helps.
When leasing, the lease payment is based (in great part) on the amount the vehicle will depreciate over the term of your lease. This number will be subtracted from your Cap Cost (MSRP) to arrive at your vehicles value at lease turn in (residual ... which is also expressed as a percentage of value: Residual = 78% of Cap Cost for example).
Upon introduction of the new model, the older-E's (including mine) will loose 'some more' of their value as a result of the new model ... in addition to the normal depreciation that occurs as any vehicle gets older.
So, when your dealer figures out the lease payment on the old model E, he will use a lease-end vehicle value (residual) that will not only encompass the normal depreciation, but also the loss in value attributable to the introduction of the new model. In other words, your lease payment will be higher with the older model E than it would with the newer model.
That's the general leasing guidline: an older model will almost always be more expensive to lease than a newer model.
And irrespective of cost to lease ... the new model will have a lot of new, neat stuff in it that the older models don't have!
Hope that helps.
Newbie
Joined: Dec 2001
Posts: 5
Likes: 0
From: JIDDA, SAUDI ARABIA
'96 E320 / '01 E240 /'78 PONTIAC TRANS AM
wait up!
in case of the all new model there're so many sophisticated innovations coming in the new platform to mention a few is the brake by wire, throttle by wire, active suspension system that's more advanced than the S-class system in which it adapts to the G-force on each tire, the front suspention is a new four link set up replacing the good ol' double wishbone setup, and the choice of a panoramic roof (glass roof) with a built-in ventilation fan that's powered by solar cells, a five liter engine option (E 500) among seven engines line up in which two are all new and the rest are upgraded and modified.
the new chasis is stiffer and more swoopy! a new bi-xenon headlights and achoice of fifteen body colors, the interior is superior to the S-class in many ways including a new instrument display a multi-contour seats for front and rear,
the car is already on sale in germany and europe the price of the loaded E 500 avantegarde model is EUR.63,000.00 apprx USD.55,000.00.
regards,
the new chasis is stiffer and more swoopy! a new bi-xenon headlights and achoice of fifteen body colors, the interior is superior to the S-class in many ways including a new instrument display a multi-contour seats for front and rear,
the car is already on sale in germany and europe the price of the loaded E 500 avantegarde model is EUR.63,000.00 apprx USD.55,000.00.
regards,
Newbie
Joined: Mar 2002
Posts: 23
Likes: 0
Hidden dealer cash
There is dealer cash on the e-classes right now...I found the info at http://www.autospies.com/report/default2.asp
Thread Starter
Newbie
Joined: Mar 2002
Posts: 5
Likes: 0
From: Portland, OR
2001 Acura CL-S
Re: Hidden dealer cash
Originally posted by infonaut
There is dealer cash on the e-classes right now...I found the info at http://www.autospies.com/report/default2.asp
There is dealer cash on the e-classes right now...I found the info at http://www.autospies.com/report/default2.asp
Thanks a lot for the information. Looks like I will be paying another visit to my MB dealer.
Thank you.
