2019 E300 Loaner Lease Deal
Thread Starter
Super Member
Joined: Feb 2004
Posts: 942
Likes: 0
From: Charlotte, NC
'16 528i MSport
2019 E300 Loaner Lease Deal
Guys, what's your take here:
2019 E300
Polar White w/Macchiato Beige MB-TEX
Status: Loaner
Mileage: 7056
Features/Options:
Premium Pkg
Lighting Pkg
AMG Line Exterior Styling Pkg
Parking Assistant Pkg
19" AMG Twin 5-Spoke wheel
115 AC Volt Outlet
Rear Deck Spoiler
Wheel Locks
Comfort Box
Blind Spot Assist
Burmester Premium Surround Sound
Pre-wiring for RSE
Heated Front Seats
Deal
MSRP: 61,970
Discount: 15,259
Negative Equity (4 remaining pmts on BMW lease): 2112
Annual Mileage: 12K
Down payment: 1st month only
Term: 36 Months
Payment: $565
Should I pull the trigger??
2019 E300
Polar White w/Macchiato Beige MB-TEX
Status: Loaner
Mileage: 7056
Features/Options:
Premium Pkg
Lighting Pkg
AMG Line Exterior Styling Pkg
Parking Assistant Pkg
19" AMG Twin 5-Spoke wheel
115 AC Volt Outlet
Rear Deck Spoiler
Wheel Locks
Comfort Box
Blind Spot Assist
Burmester Premium Surround Sound
Pre-wiring for RSE
Heated Front Seats
Deal
MSRP: 61,970
Discount: 15,259
Negative Equity (4 remaining pmts on BMW lease): 2112
Annual Mileage: 12K
Down payment: 1st month only
Term: 36 Months
Payment: $565
Should I pull the trigger??
Super Member
Joined: Jul 2019
Posts: 677
Likes: 126
From: South Carolina
2020 MB E450 Estate, 2019 Kia Niro Touring
The discount sounds pretty good to me. The negative equity is built into the payment as well? As to the payment, I'd have to ask what the Residual Value is to tell.
Thread Starter
Super Member
Joined: Feb 2004
Posts: 942
Likes: 0
From: Charlotte, NC
'16 528i MSport
Yes, the negative equity is built into the payment BUT service is not. Will need to find out how much that is and will add to payment, unless you have an idea? I’ll ask for the RV & MF now.
Super Member
Joined: Oct 2017
Posts: 882
Likes: 110
2021 M550i
My biggest worry would be the condition of your wheels after it being loaned out for 7k miles. Ask for an extended test drive, go on nice long stretches of roads/highways. See if you can feel any bent rims, ask that they check for it as well. Those 19s have been getting bent fairly easily.... even the 18s.
MBWorld Fanatic!
Joined: May 2018
Posts: 3,048
Likes: 905
From: Long Island, NY
2019 E 450, 2016 E350 4matic (retired), 2018 Ford Edge Sport, 2008 Porsche Boxster
You have to find out both the MF and the RV before you can determine if this is a good deal or not.
In the past, and I think it exists now, on a new car MB will waive up to 4 remaining payments.
Generally speaking used cars do not lease out as well as new cars because of the low RV and higher MF on used cars.
Assuming a MSRP of $62,000 on a new E350, a discount of 12% (many on this forum have been getting discounts of 12%) for 10,000 miles per year, 36 months, MF of .00088 and a residual of 57%, your monthly payment would be $612 plus tax plus acquisition fee.
I for one would rather pay $612 for a brand new 2020 E350 with a MSRP of $62,000 than $565 for a one year old E300 with 7,000 miles on.
see: https://www.leaseguide.com/mobcalc/#result
In the past, and I think it exists now, on a new car MB will waive up to 4 remaining payments.
Generally speaking used cars do not lease out as well as new cars because of the low RV and higher MF on used cars.
Assuming a MSRP of $62,000 on a new E350, a discount of 12% (many on this forum have been getting discounts of 12%) for 10,000 miles per year, 36 months, MF of .00088 and a residual of 57%, your monthly payment would be $612 plus tax plus acquisition fee.
I for one would rather pay $612 for a brand new 2020 E350 with a MSRP of $62,000 than $565 for a one year old E300 with 7,000 miles on.
see: https://www.leaseguide.com/mobcalc/#result
Thread Starter
Super Member
Joined: Feb 2004
Posts: 942
Likes: 0
From: Charlotte, NC
'16 528i MSport
I have reserved a control number from my cousin who works at MB which will give me 12% discount so will end up going for a GLE350 4Matic when my lease is up in Jan/Feb 2020...
Recenty married so not sure how big or family will be as we are looking to have kids soon also...
Recenty married so not sure how big or family will be as we are looking to have kids soon also...
