Pricing on E55
Thread Starter
MBWorld Fanatic!
Joined: Aug 2002
Posts: 2,006
Likes: 0
From: Long Island
'07 Porsche 997TT
Pricing on E55
As I stated in another thread, I have started the process of working on the wife for an E55. Once I wear her down, should I expect to have to pay MSRP? or are the 55's being discounted?
MBWorld Fanatic!
Joined: Dec 2001
Posts: 5,585
Likes: 212
From: Washington D.C.
2024 GLE63s / 2016 GLE63s (traded) / 2016 E63s / 2002 E55
I would not pay MSRP. Any dealer that has a 2004 E55 on his lot probably has had it for a while. Most E55's come in with an owner already attached to it. Send emails or call every dealer in a reasonalbe driving distance. If they have one in stock they should be willing to deal.
Senior Member
Joined: Mar 2004
Posts: 385
Likes: 1
From: Palm Beach Gardens, Fla.
2004 E55
If you don't plan alot of miles give "Lease-By-Tel" a call.
#(877)989-1500 -- I leased my E55 with 0 down and $1245/month for 48 mos. "flex-lease" (meaning I can get out after 36 months). It is a great way to get into a great car with little money out of our pockets. I thought it was too good to be true but now I'm driving an '04. BTW - They delivered my exact car I wanted directly to my doorstep!! It is a legit company dealing in high-end cars.
Kens-E55
#(877)989-1500 -- I leased my E55 with 0 down and $1245/month for 48 mos. "flex-lease" (meaning I can get out after 36 months). It is a great way to get into a great car with little money out of our pockets. I thought it was too good to be true but now I'm driving an '04. BTW - They delivered my exact car I wanted directly to my doorstep!! It is a legit company dealing in high-end cars.
Kens-E55
Almost a Member!
Joined: Mar 2004
Posts: 57
Likes: 0
From: Palm Beach
E500 2003
Hey amg55, your profile says you have burl wood (not black maple)? Did not know that was an option, was it special order. Also, was your flex lease from the same company that Ken mentioned.
Senior Member
Joined: Nov 2003
Posts: 322
Likes: 0
From: Sunshine Ranches, FL
'06 M6, '05 Lambo Gallardo
Prior to starting my own biz 10 years ago, I was in the auto biz. I was very pro-lease and still am in most situations...higher-end, ltd. production cars are the exception. I bought my 1st '04 E55...I traded it in 5 months later when my ordered car arrived. I lost a whopping $480 in 5 months!!! Cars that hold value very well are sometimes poor choices for a lease. You end up spending a lot more money.
I leased my 1st 911 Turbo. I got a great deal @ $1722 a month..or so I thought. Although the payment was inexpensive (relative to the price of the car), I would have come out much better on a purchase. My current buyout on my lease is 97k...which is relatively close to a retail price on the car currently. Had I put the same dollars into a purchase, I would have had around $6,000 in equity at this point. Luckily, I found someone to assume my lease since my '04 Turbo arrives in a few weeks.
On my new E55, my current payment is around $1,550. At the interst rate of 3.65%, I am quickly building equity...something I could never accomplish on a lease in a short time frame. IMO the E55 is a better car for purchase over lease.
I leased my 1st 911 Turbo. I got a great deal @ $1722 a month..or so I thought. Although the payment was inexpensive (relative to the price of the car), I would have come out much better on a purchase. My current buyout on my lease is 97k...which is relatively close to a retail price on the car currently. Had I put the same dollars into a purchase, I would have had around $6,000 in equity at this point. Luckily, I found someone to assume my lease since my '04 Turbo arrives in a few weeks.
On my new E55, my current payment is around $1,550. At the interst rate of 3.65%, I am quickly building equity...something I could never accomplish on a lease in a short time frame. IMO the E55 is a better car for purchase over lease.
Trending Topics
MB World Stories
The Best of Mercedes & AMG
Dubai Tuner Gives the Mercedes G-Class An Entirely New Look
Verdad Gallardo
Six Gift Ideas Your AMG Loving Dad or Grad Will Cherish
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
MBWorld Fanatic!
Joined: Nov 2001
Posts: 1,425
Likes: 0
2000 W210 E55->2003 R230 SL500->2004 W211 E55->2007 997TT+2007 E63->2010 GLK350->2012 E550 4matic
Originally posted by jkrutch
Cars that hold value very well are sometimes poor choices for a lease. You end up spending a lot more money.
Cars that hold value very well are sometimes poor choices for a lease. You end up spending a lot more money.
If the driver tend to get to get into lots of accidents, a walk away lease is a good way to protect you from the accelerated depreciation due to the costly repairs. On the spouse's previous Volvo, I'm glad we leased as the repair bill on the car was over $15,000 in 4 years. We would have had a tough time trading it in or selling it.
Last edited by W210; May 2, 2004 at 03:05 PM.
Thread Starter
MBWorld Fanatic!
Joined: Aug 2002
Posts: 2,006
Likes: 0
From: Long Island
'07 Porsche 997TT
Originally posted by Tiberius
Wow! that was fast.
I ordered mine several months ago and still hasnt arrived.
Did you buy from a dealer on LI?
Wow! that was fast.
I ordered mine several months ago and still hasnt arrived.
Did you buy from a dealer on LI?
Super Member
Joined: Dec 2001
Posts: 763
Likes: 0
Originally posted by jkrutch
Prior to starting my own biz 10 years ago, I was in the auto biz. I was very pro-lease and still am in most situations...higher-end, ltd. production cars are the exception. IMO the E55 is a better car for purchase over lease.
Prior to starting my own biz 10 years ago, I was in the auto biz. I was very pro-lease and still am in most situations...higher-end, ltd. production cars are the exception. IMO the E55 is a better car for purchase over lease.
Several factors must be considered, not the least of which is the fact that the limited production market is very quirky. You can hit a home run or strike out.
Examples: a new SL55 the first year in production has held its value extremely well, for many reasons,
But an '01 or '02 E55 was a terrible investment if you bought new.
Also factor in that the E55 market is much smaller than the M5 market, and this is true for most of the AMG cars. Sport tuned cars without a manual transmission appeal to a smaller niche than BMW's M cars, Porsches, etc. Look how small the market is for a used S55, for example.
In addition to those factors, some people will take the extra cash not spent on a purchased car and get far better returns than they would putting it into a depreciating asset like a car.
Everyone's situation is different, and the merit of lease vs. but for each AMG model is different.
BTW colinforte, the burl wood is a standing (no fee) option for the E55. Just ask the dealer about it when ordering.
MBWorld Fanatic!
Joined: Dec 2002
Posts: 2,399
Likes: 1
From: Irvine, CA
07 M6, 05 Noble, 01 S4, Smart ForTwo
My $.02 --
I leased my 03.5 M3, and sold it within a few months. I took a hit, but then I figured out how much I would have lost if I had bought it, and I would have lost an additional $3K+ in sales tax, plus the additional 300 a month in payment I would have made over 6 mos. I would say a lease is better for a quick turnover, so long as there are no prepay penalties, and your finance rate is reasonably low. MB has a high lease factor, so I don't know how it would work out. But when you pay off a lease, you do not pay any future finace charge, only the future "rent"
I leased my 03.5 M3, and sold it within a few months. I took a hit, but then I figured out how much I would have lost if I had bought it, and I would have lost an additional $3K+ in sales tax, plus the additional 300 a month in payment I would have made over 6 mos. I would say a lease is better for a quick turnover, so long as there are no prepay penalties, and your finance rate is reasonably low. MB has a high lease factor, so I don't know how it would work out. But when you pay off a lease, you do not pay any future finace charge, only the future "rent"
