How'd I do on my E320 lease?
 

Thought I'd get input from some of you quant jocks out there.

Three year, 36,000 mile lease on a 2003 E320 Sports Package with brilliant silver paint, Harmon Kardon, in-dash CD changer and Panorama roof:

Monthly payment (including tax): 727
Drive off (including first month's lease payment): 1150
Money factor: 2.75
Residual: 66 percent
Sell price: 500 below invoice

I was told I got MBBC buy rate, but you never know with dealers...

whats the sticker price and how much down payment did you put.

O downpayment.

As I noted, the drive off was merely first month's rent (plus tax and title).

The sell price was 500 below invoice.

Cappy: That isn't a bad deal; however, depending on how many miles you drive, you may want to demand 15k-20k annual mileage allowance. Additionally, I would ask if they can go down even a little more on the monthly (i.e., maybe $700 including tax). In any event, send a mass e-mail to local MB dealers and ask if they can give you a better deal than you were quoted and see where that takes you. But if that is absolutely the best deal you can get, then I think it is a very competitive offer.