No E for me??????????????
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Joined: Jun 2002
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From: Chandler, AZ
Nissan Sentra
No E for me??????????????
My wife and I visited the dealer yesterday and she got the chance to see the E500. We both really like the car but reality set in. We still have two small children who ride regularly and an 11 year old boy who is getting quite large, all of whom would share quarters on roadtrips. And though there is a lot of room in the back it is not as spacious as the ML. I do think the trunk space in the E is very good though.
My wife also happened to point out a curb she says she routinely hits when visiting blockbuster. This is not a problem in the ML, but I suspect I might be a bit less confident in the curb hopping abilities of the E class.
I wish I could be a little less practical, the E is that good. You know you are out of touch with reality when you have to "settle" for an ML500.
My wife also happened to point out a curb she says she routinely hits when visiting blockbuster. This is not a problem in the ML, but I suspect I might be a bit less confident in the curb hopping abilities of the E class.
I wish I could be a little less practical, the E is that good. You know you are out of touch with reality when you have to "settle" for an ML500.
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Joined: Mar 2002
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From: Toronto
SLK 350 '05
....that blockbuster clerk must be suffering from heart problems when he sees your ML pulling up the curb towards his store at ramming speed hehehe
but i think watching out for that curb is a practical solution already
but i think watching out for that curb is a practical solution already
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Joined: Jul 2002
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there's something that the dealer told us about (an option), i don't really know if it's for such cases or not, but there's a button in the console of the new E to raise something when driving over a speed bump or something, or lowering the car when you want to drive it as a sports style? once again, i am not sure what i'm talking about because i didn't fully understand what the dealer was talking about.
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Joined: Jun 2002
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From: Chandler, AZ
Nissan Sentra
You guys are a lot of help. Trust me, if its at all possible I will opt for the E. I usually just say to hell with it, but for once I'm trying to give it some thought. We both agree we want the factory installed Nav, so if we do opt for the E its gonna be at least a few months. Also I haven't decided whether I should lease again or buy. I would like to keep leasing cause I like the warranty and getting new technology every couple of years, but I feel like I'm throwing away a lot of money?!?!? Is there any point in trying to build equity in a couple of years? The market isn't helping me or anyone else for that matter.
Oh yeah the air suspension setting that allows you to manually raise the ride height and blows the tires up into super mudders?
Oh yeah the air suspension setting that allows you to manually raise the ride height and blows the tires up into super mudders?
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MBWorld Fanatic!
Joined: Jul 2002
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From: SoCal
MB
well, im only 15, so i dont know **** about buying, leasing, or financing.....but i think the e is the best car around, the previous model was the best benz they made, and noone is thinking less of it for 2003. The car adjusts itself, like if you are going 100 mph, it will lower itself. That is manually...of automatically...just by pressing the button, so it will go to sport, the sport makes SUCH!!! a big differece..it was very very bumpy. The air sus has nothing to do with tires.... Its like the audi car/wagon thing, not sure what it is called.....and of course, the spotr modes will lower the car.....but i think the E is the best of all models....and the 500 will be amazing, it will have a lot power than the s430, and we thought that had a lot..
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Joined: Dec 2001
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From: NY
14 'E550
Originally posted by 99ML430
least a few months. Also I haven't decided whether I should lease again or buy. I would like to keep leasing cause I like the warranty and getting new technology every couple of years, but I feel like I'm throwing away a lot of money?!?!? Is there any point in trying to build equity in a couple of years? The market isn't helping me or anyone else for that matter.
least a few months. Also I haven't decided whether I should lease again or buy. I would like to keep leasing cause I like the warranty and getting new technology every couple of years, but I feel like I'm throwing away a lot of money?!?!? Is there any point in trying to build equity in a couple of years? The market isn't helping me or anyone else for that matter.
Financing makes sense if your going to keep the car like 4 years + or if you put stupid amounts of miles on your car in a short period of time. One downside to buying is god forbid your car gets hit, causing multiple thousands of dollars in damage.....how much do you think the value of your car went down?? Most people or dealers are not going to pay good money for a car that was partly repainted in certain areas.
Leasing and Financing both have there good and bad points.....but in your case, I would more than likely lease (just from what you wrote above).
Last edited by Beltfed; Aug 30, 2002 at 02:30 AM.
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From: Northern VA
2003 MB E500
I agree with Beltfed. It really comes down to how long you are willing to keep your car. If you need to buy every few years then lease but keep in mind that you will always have a car payment.
I prefer to buy. I tend to keep my cars 10 years, hope in the case of the E500 a little more. This way I have a car payment for a few years and then have no payment, other than maintenance, for 4-5 years. This strategy works very well if you get a car that doesn't need a lot of repairs. Based on MB's history on new releases, I'm not sure this will be the case.
Buying has served me well in the past and for me with the cars I've had it has been cheaper and I have a car with several thousands of dollars equity to help start the process all over again when i buy a new one.
I prefer to buy. I tend to keep my cars 10 years, hope in the case of the E500 a little more. This way I have a car payment for a few years and then have no payment, other than maintenance, for 4-5 years. This strategy works very well if you get a car that doesn't need a lot of repairs. Based on MB's history on new releases, I'm not sure this will be the case.
Buying has served me well in the past and for me with the cars I've had it has been cheaper and I have a car with several thousands of dollars equity to help start the process all over again when i buy a new one.
Last edited by rayscar; Aug 30, 2002 at 08:32 AM.
Thread Starter
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Joined: Jun 2002
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From: Chandler, AZ
Nissan Sentra
Thanks for the feedback. I used to pay cash for cars, but my tastes changed LOL. I have several cars (trucks) and the Mercedes is the only one I leased. After some thought I think I will lease again, whether its the E or another ML. I didn't structure the ML lease very well which I can correct on my next go around, (didn't get enough miles). I'm not really payment sensitive, I could make a decent downpayment and pay the car off in 36 months, but we are talking 15-20K down and 1k a month. Then once I own it I have to either get an extended warranty or trade out at the end of the manufacturers warranty. Makes it easier to buy the next one I suppose. The other way I look at it is that the Mercedes which is the family hauler is just a fat insurance premium. Both my wife and I have had serious car accidents, we both know the value of a safe car. 650-750 a month for a very safe, fun to drive, technologically advanced car with style and class is a small price to pay in my mind. I know that cars are a money pits, but for me they are a necessary evil. As a business owner it brings instant credibility when I show up on a jobsite, thats worth something too.
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Joined: Aug 2002
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From: florida
e-420
buy
I have a question. If you have the money to buy the car why lease you are paying interest and depreciation on the lease in every payment. Personally I think now is a good time to indulge yourself and buy whatever you can afford. If you put your money in the market it could depreciate more than the car. If you try and find a safe place for the money you may get 4% before tax. So I think now is a good time to use your money for you. At least you get the enjoyment out of it.
Thread Starter
Member
Joined: Jun 2002
Posts: 143
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From: Chandler, AZ
Nissan Sentra
Re: buy
Originally posted by datrader
I have a question. If you have the money to buy the car why lease you are paying interest and depreciation on the lease in every payment. Personally I think now is a good time to indulge yourself and buy whatever you can afford. If you put your money in the market it could depreciate more than the car. If you try and find a safe place for the money you may get 4% before tax. So I think now is a good time to use your money for you. At least you get the enjoyment out of it.
I have a question. If you have the money to buy the car why lease you are paying interest and depreciation on the lease in every payment. Personally I think now is a good time to indulge yourself and buy whatever you can afford. If you put your money in the market it could depreciate more than the car. If you try and find a safe place for the money you may get 4% before tax. So I think now is a good time to use your money for you. At least you get the enjoyment out of it.
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Joined: Aug 2002
Posts: 215
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From: Seattle
2001 ML320
No good way to make money buying cars. It is only a question of just how much it will cost you.
It will always be cheapest to pay cash up front or pay off a loan relatively quickly. If you keep your cars, leasing for a while and then buying it out at the residual vs. paying off a 3-4 year loan come out extremely close in dollar terms. Some advantage to leasing in that situation in that, if the car turns out to be a lemon or if it doesn't hold its value well, you get to unload it easily. If it has a very high resale, you can always pay off the lease and sell it for the higher amount.
The bad and expensive part about leasing is that you are always paying for the most expensive years of car ownership. That is the first 2 to 3 years when the car depreciates most rapidly. If you like the car, owning it for years 4 onward becomes much less expensive but you don't have the fun of getting a new one every three years and the warranty also expires. Keeping the car is certainly going to be a lot less expensive than always driving a new vehicle even when you take maintenance costs into account. Depends how much you like a new car. I'm hoping to keep my new E for a while but you never know what they'll introduce next!
It will always be cheapest to pay cash up front or pay off a loan relatively quickly. If you keep your cars, leasing for a while and then buying it out at the residual vs. paying off a 3-4 year loan come out extremely close in dollar terms. Some advantage to leasing in that situation in that, if the car turns out to be a lemon or if it doesn't hold its value well, you get to unload it easily. If it has a very high resale, you can always pay off the lease and sell it for the higher amount.
The bad and expensive part about leasing is that you are always paying for the most expensive years of car ownership. That is the first 2 to 3 years when the car depreciates most rapidly. If you like the car, owning it for years 4 onward becomes much less expensive but you don't have the fun of getting a new one every three years and the warranty also expires. Keeping the car is certainly going to be a lot less expensive than always driving a new vehicle even when you take maintenance costs into account. Depends how much you like a new car. I'm hoping to keep my new E for a while but you never know what they'll introduce next!
