Benz E Class lease
Thread Starter
Junior Member
Joined: Jun 2006
Posts: 17
Likes: 0
Benz E Class lease
Hey everyone,
I am considering my first Benz, ever.
I really like the e350/550.
Looking for a 12k/yr - 36month (give or take) lease.
What kind of payment can I expect?
Can prices be haggled down with benz's?
Thanks in advance.
I am considering my first Benz, ever.
I really like the e350/550.
Looking for a 12k/yr - 36month (give or take) lease.
What kind of payment can I expect?
Can prices be haggled down with benz's?
Thanks in advance.
Junior Member
Joined: Jun 2011
Posts: 19
Likes: 0
2011 E-350
Absolutely! Prices can and SHOULD be haggled down with the dealer (not Benz), especially if you're willing to go with a 2011 model. Do a search. There are a couple of threads were people who've leased lately (including myself) have posted their deals. I've also posted about how to get a really good deal by getting quotes from multiple dealers...
Just to start you off, here's what I got a few days ago:
2011 E350 with P1 and split rear folding seats / Iridium Silver / MSRP: $55435
48 month/10K mile lease
$579 monthly payments, with ONLY first month payment due at signing (all fees and state and local taxes rolled into monthly payments).
The dealer also delivered the car (212 miles) to my address for free. At $1.98 per mile cost of trucking the car, that's a $420 freebie.
Just to start you off, here's what I got a few days ago:
2011 E350 with P1 and split rear folding seats / Iridium Silver / MSRP: $55435
48 month/10K mile lease
$579 monthly payments, with ONLY first month payment due at signing (all fees and state and local taxes rolled into monthly payments).
The dealer also delivered the car (212 miles) to my address for free. At $1.98 per mile cost of trucking the car, that's a $420 freebie.
Last edited by myared; Jun 29, 2011 at 03:40 PM.
Member
Joined: Oct 2004
Posts: 156
Likes: 0
2006 E55, 2015 ML350
Here's the deal I got last week:
2011 E350 ($1500 down includes 1st month payment)
white w/ black interior
33 months 12K miles
P2 /AMG WHEELS / rear spoiler
3 yr/30k prepaid maintenance (basically, go in one time per year for the life of the lease - 3 times total. Supposedly, the dealer charges $288 each time for this service)
Total $644 / month.
2011 E350 ($1500 down includes 1st month payment)
white w/ black interior
33 months 12K miles
P2 /AMG WHEELS / rear spoiler
3 yr/30k prepaid maintenance (basically, go in one time per year for the life of the lease - 3 times total. Supposedly, the dealer charges $288 each time for this service)
Total $644 / month.
MBWorld Fanatic!
Joined: Feb 2002
Posts: 6,061
Likes: 326
From: 2000 ft over the FL coast in a B-17
Various
'12's on the ground sitting next to left over '11's ='s big trunk money from MB to dealers and on to you. Go at the end if the month too and grind a bit.
MBWorld Fanatic!
Joined: Mar 2005
Posts: 2,034
Likes: 20
From: Toronto
MY17 E43 Matte Selenite/Macchiato Beige, MY16 GLE350d Tenorite/Crystal Grey, MY17 B250
Trending Topics
MB World Stories
The Best of Mercedes & AMG
7 Craziest Things AMG Gas Ever Built
Verdad Gallardo
New Electric Mercedes-AMG GT 4-Door Coupe Unveiled: 10 Things You Need to Know
Verdad Gallardo
6 Mercedes Models That Did NOT Age Well (But Are Somehow Still Cool)
Verdad Gallardo
Manual Mercedes? 6 Times Sindelfingen Let Drivers Have All The Fun
Verdad Gallardo
Mercedes SLR McLaren 722 S Is Extremely Rare Example Modified by McLaren
Verdad Gallardo
8 Classic Boxy Mercedes Designs That Have Aged Like Fine Wine
Verdad Gallardo
Flawlessly Restored Mercedes 190E Evo II Heads to Auction
Verdad Gallardo
Electric Mercedes C-Class Unveiled: 11 Things You Need to Know
Verdad Gallardo
Mercedes EQS Gets A Major Update: Everything You Need to Know
Verdad Gallardo
Member
Joined: Dec 2006
Posts: 108
Likes: 0
From: MPLS
2016 E350
Good time to buy/lease
Residuals are still high; 69% on 24 mos, and is you really don't drive a lot, 10k adds 3% to that.
MFs are high at .00240, but E class is incentives now to .00210.
Plus there is $1900 incentive money on it.
If you're coming from an existing E class there is another $1500 incentive.
I just switched, traded my '09 for a '11.
Loaded car with leather, panorama, p2, $62k sticker.
$6,200 off sticker to start, minus $1,500, minus $1,900 for $9,600 off.
24 mo lease, $510 plus tax with no cap reduction. A little more than the 2009 but not much.
Can't beat it for monthly outgo vs. level of car.
Another note; there are lots of cars out there but finding what you want is getting tougher. I wanted pan and tan leather 2 tone and had to have the car brought in from another dealer.
MFs are high at .00240, but E class is incentives now to .00210.
Plus there is $1900 incentive money on it.
If you're coming from an existing E class there is another $1500 incentive.
I just switched, traded my '09 for a '11.
Loaded car with leather, panorama, p2, $62k sticker.
$6,200 off sticker to start, minus $1,500, minus $1,900 for $9,600 off.
24 mo lease, $510 plus tax with no cap reduction. A little more than the 2009 but not much.
Can't beat it for monthly outgo vs. level of car.
Another note; there are lots of cars out there but finding what you want is getting tougher. I wanted pan and tan leather 2 tone and had to have the car brought in from another dealer.
Senior Member
Joined: Jan 2010
Posts: 361
Likes: 55
From: Los Angeles, CA
2024 EQE350 SUV, 2022 SL55 AMGMG, 2022 C300
MBWorld God!
Joined: Jul 2010
Posts: 31,277
Likes: 3,917
From: on my way
2012 CLS63
big wig?
Junior Member
Joined: Jun 2011
Posts: 55
Likes: 0
From: Brooklyn, NY
2011 E350, 2008 ML350
uhm yep it is possible, if you like i will even post up my MBFS statement, and lease contract. e350 p1 was the promotion for that month in Feb. also i use this car two and from work thats all, and to hang with friend. Later found out the BlueTech was 29$ more, should have waited.
42 years Master Technician for Mercedes-Benz Manhattan, (retired) its called "MVP" program.
wish i was lying here guys.. dont need to impress anyone.
42 years Master Technician for Mercedes-Benz Manhattan, (retired) its called "MVP" program.
wish i was lying here guys.. dont need to impress anyone.
Junior Member
Joined: Jun 2011
Posts: 55
Likes: 0
From: Brooklyn, NY
2011 E350, 2008 ML350
uhm yep it is possible, if you like i will even post up my MBFS statement, and lease contract. e350 p1 was the promotion for that month in Feb. also i use this car two and from work thats all, and to hang with friend. Later found out the BlueTech was 29$ more, should have waited.
42 years Master Technician for Mercedes-Benz Manhattan, (retired) its called "MVP" program.
wish i was lying here guys.. dont need to impress anyone.
42 years Master Technician for Mercedes-Benz Manhattan, (retired) its called "MVP" program.
wish i was lying here guys.. dont need to impress anyone.
Junior Member
Joined: Jun 2011
Posts: 55
Likes: 0
From: Brooklyn, NY
2011 E350, 2008 ML350
..a little more info, Mercedes-Benz Manhattan is not a privately owned dealer, its a corporate dealer, my father actually got pretty good benefits from that place. The "MVP" program runs out of the headquarters in Montvale NJ,.. when i took my car from t he Soverign dealer in Brooklyn, the owner did approach me and say i owe him a few dollar on my car lol.. i know it sounds un-real. Wish this didn't sound like bullS*!$
Junior Member
Joined: Jun 2011
Posts: 55
Likes: 0
From: Brooklyn, NY
2011 E350, 2008 ML350
Thanks K-A, after 42years they better gice something in return!.. Next time I receive a pricing list I'll upload it to show you guys.. I remember a few years back in like 2005.. A S430 was in the mid 7's... Unreal.
MBWorld Fanatic!
Joined: Nov 2001
Posts: 1,097
Likes: 68
From: San Francisco, CA / Middlebury, CT
600 SWB
I've heard of these deals. They are a great incentove for corp employees to get MBs (even if some get a company car) for their immediate families.
Congratulations!
Congratulations!
Last edited by dbtk; Jul 4, 2011 at 03:32 PM.
Junior Member
Joined: Jun 2011
Posts: 55
Likes: 0
From: Brooklyn, NY
2011 E350, 2008 ML350
Newbie
Joined: Jul 2011
Posts: 5
Likes: 0
From: Miami
2012 e-350 convertible, Smart for two (with turbo) and Honda Pilot
Just took delivery of 2012 E-350 Convert., fully loaded (except of Distronic). MSRP was $72,205, Paid $500 below invoice.
BUt, then they added $1,095 bank fee saying that it included the gap insurance and $589 service fee.
Car was leased 48 months with Res val 52% and money rate of .00240.
Should I have argued more on the "bank fee" or "service fee" or are these pretty much standard on a MB lease.
BUt, then they added $1,095 bank fee saying that it included the gap insurance and $589 service fee.
Car was leased 48 months with Res val 52% and money rate of .00240.
Should I have argued more on the "bank fee" or "service fee" or are these pretty much standard on a MB lease.
Senior Member
Joined: Jan 2007
Posts: 320
Likes: 0
From: Bay Area, CA
'07 S550 Sil/Gry with 2012 S65 Facelight
It seems like most MF are at about .0024, but for the S550, it sales .00072! can this be correct?
http://www.ridewithg.com/index.php/2...tes-july-2011/
2011 Mercedes S550
24 month | 15k miles | residual 59% | .00072 money factor
36 month | 15k miles | residual 47% | .00072 money factor
48 month | 15k miles | residual 38% | .00072 money factor
60 month | 15k miles | residual 32% | .00240 money factor
http://www.ridewithg.com/index.php/2...tes-july-2011/
2011 Mercedes S550
24 month | 15k miles | residual 59% | .00072 money factor
36 month | 15k miles | residual 47% | .00072 money factor
48 month | 15k miles | residual 38% | .00072 money factor
60 month | 15k miles | residual 32% | .00240 money factor
MBWorld God!
Joined: Jul 2010
Posts: 31,277
Likes: 3,917
From: on my way
2012 CLS63
Just took delivery of 2012 E-350 Convert., fully loaded (except of Distronic). MSRP was $72,205, Paid $500 below invoice.
BUt, then they added $1,095 bank fee saying that it included the gap insurance and $589 service fee.
Car was leased 48 months with Res val 52% and money rate of .00240.
Should I have argued more on the "bank fee" or "service fee" or are these pretty much standard on a MB lease.
BUt, then they added $1,095 bank fee saying that it included the gap insurance and $589 service fee.
Car was leased 48 months with Res val 52% and money rate of .00240.
Should I have argued more on the "bank fee" or "service fee" or are these pretty much standard on a MB lease.
Newbie
Joined: Nov 2010
Posts: 14
Likes: 0
From: Houston, TX
2010 W212, P2, Pano - 2011 ML-350 Bluetec, P1 - 2009 Specialized Rockhopper SL Comp 29
You can play around with lease terms on the MBUSA web site (they don't include TT&L, but they're pretty close). I found the 33 Month lease is cheaper than the 36 (salesman said MB has some incentives on the ML Bluetec). Just leased a 2011 ML350 Bluetec for 33 months with a residual value of 66%. Paid dealer invoice.
