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Lease numbers for '04 E55

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Old 12-04-2003, 02:49 PM
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eyc
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Lease numbers for '04 E55

Hi all,

I am considering to lease my '04 E55 that is due to arrive in Feb.

Did anybody lease theirs? What are you paying?

Anyone have info on the residuals and MBUSA rates?

Thanks in advance!

-eyc
Old 12-04-2003, 06:26 PM
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04E55AMG, 05Dodge RAM 1500 Quad Cab, 02Montero Limited
Dealer informed me that MB is offering some special lease rates this month for the holidays.

I live in MD and my car with options is $83,310. The lease special is on 39 months. I was given a monthly payment of $1,375 @ 15K miles a year with no deposit and wrapping in taxes. Seems to be a good deal for no money down with such a short term lease.

I was aslo quoted a rate of around 4% for a 60 month purchase.

Hope this helps!
Old 12-04-2003, 07:22 PM
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Wow, that is a really good lease deal!
Old 12-04-2003, 07:26 PM
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I contacted a couple lease brokers (names I got at this website) and for 48 months/15K miles zero down was quoted $1120 by one and $1133 by the other (including taxes etc, delivery price of $84,300).

Last edited by amg55; 12-04-2003 at 07:32 PM.
Old 12-04-2003, 07:30 PM
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For reference you might contact Michael Latham at 936-588-2068 and ask him what kind of deal he can offer. (He's located in Texas, but that doesn't really matter).
Old 12-04-2003, 09:21 PM
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Originally posted by amg55
For reference you might contact Michael Latham at 936-588-2068 and ask him what kind of deal he can offer. (He's located in Texas, but that doesn't really matter).
Mike did me right. By far the best deal available.
Old 12-04-2003, 09:30 PM
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04E55AMG, 05Dodge RAM 1500 Quad Cab, 02Montero Limited
I agree with Dr. Chill. Mike has some great programs on leases. I was going to go with him until my MB dealer presented me with these so called December specials. The MB lease special is very close to Mikes (comparing 39 month to 39 month).

I am not sure how long this lease program with MB is going to last. It might just be a end of year thing. I know when I spoke to them a few months ago, Mike had them beat by almost $200 a month.
Old 12-05-2003, 04:36 PM
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The True OG Modded out W203
A Question

So what have you guys heard in terms of a 39 month but a large down payment say 5 to 10K?? Any help greatly appreciated
Old 12-05-2003, 05:05 PM
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04E55AMG, 05Dodge RAM 1500 Quad Cab, 02Montero Limited
why would you want to place $5- $10K down on a lease?
Old 12-05-2003, 05:08 PM
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The True OG Modded out W203
Originally posted by 04E55 AMG
why would you want to place $5- $10K down on a lease?
high payment per month scares me...i know its the same though
Old 12-06-2003, 01:07 PM
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down payment on lease

There are a couple reasons for a down payment on a lease. Personally, I've had to make one on my 996TT to satisfy the bank. My credit history is only 4-5 years long, which is a big deal on leases, even though my credit score is about 750 and debt-income ratios are good too.

Making a large down payment could also save you several G's or more if you need to turn in the car early. How much depends on how the lessor caculates a couple values, but it is worth checking into.

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