2017 Mercedes-Benz E300 4matic MSRP $65,485 $442/month 24/10k Only MSD + 1st months payment

Ask the Hackrs
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[details=Summary]This text will be hidden[/details]Hello Hackrs,

This is my very first lease and I would appreciate your feedback.

This was a demo with 2950 miles.
They told me they couldn’t do this for any other E300.
I tried with a different color and they weren’t having it.

2017 Mercedes-Benz E300 4matic

MSRP: [$65,485]
Selling Price: [$52,809.61] Includes Fleet, trade-in and acquisition fee.
Rebates: [$1500 Fleet]
Trade-in: [$1310.59] Traded in my 2011 Mercedes S550
Acquisition fee: [$795]

Months: [24]
Annual Mileage: [10,000]

MF: [ .00036 (Base .00116 MF minus 10 MSD and AutoPay]
Residual: [67%]

Security Deposit: [$5,500 MSD]
Total Due At Signing: [$7.277.88] First months payment plus MSD plus Trade-in ($1310.59) plus $25 ERT Fee.

Doc fee $172.15 + TTLR $1,181.21 were all rolled into payment.

Monthly Payment (incl. tax): [$442.29]

Zip Code: [60076]
Sales Tax Rate: [8.25%]

I got this deal done end of April. Reason for posting it now is because I just got approved to post.

IMG_0198.JPG1242×2208 241 KB

1 Like
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Nice! Congratulations.

1 Like
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Which dealership is this from?

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Loeber Motors in Lincolnwood, IL.

My sales guy was James Jajou.

5

That’s insane…I was just there at Loeber on Friday, and they were bottoming out at $770 for a $77k msrp…

Thanks for sharing!

1 Like
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Are the residuals, mf, incentives the same in May as they were in April?

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Residual dropped by 2% and MF slightly went down as well but I don’t remember that number.

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Thanks for sharing that info!

Will try calling James tomorrow to see if he’s willing to play ball. Let’s see if I can get somewhere close to that number

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I hope you do my friend. Good luck!

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Congrats. That is one great deal on a sweet E300

1 Like
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Awesome deal. What’s the best way to find Mercedes demos. Do they lease all of them? Do they discount the residual by the number of miles like BMW?

12

Great deal. I got a very close payment ($416) on almost the same MSRP loaner but it was for a 36/10 lease on 2016 E350 which was an outgoing model then.

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Sent this link to my MB friend and asked him why he never offers me deals like that. He replied “Come over, I’ll give you the same”. I asked for $350/mo, of course. LOL

@SH6422 - great deal.

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Trade-in: [$1310.59] Traded in my 2011 Mercedes S550

Am I reading this right? You traded in your S550 for $1.3k?

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S550 for 1.3k

What?..

The lease deal is irrelevant at this point if they really got your s550 for $1,300…

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Financed a used one and $1.3 K is equity?

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Guys relaxxxxxx.

For the trade the 1300 was the difference probably between what it was worth and what he owed.

I.e… they gave him 26,300 for the trade and he still owed 25k on it

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Yes that is correct.

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Thank you [20 chars…]

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I just checked my local dealers tbh. Not too sure about that. I believe they “buy down” any miles over 3000 for 25 cents a mile.