How'd I do on my E320 lease?
Thread Starter
Newbie
Joined: Jan 2003
Posts: 18
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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...
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...
Member
Joined: Jan 2003
Posts: 106
Likes: 0
From: SoCal
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.
