2017 Mercedes E300 Lease Quote

Hi, I have been offered the following on a 2017 E300 4 Matic with Premium 1, SPORT WHEEL PACKAGE, BURMESTER SURROUND SOUND SYSTEM and heated steering wheel. this is for Northern Virginia.

MSRP $61,825
Discount $7,000 off MSRP
RV: $35,464.10
MF: 00092

The numbers are for 36 month with 12 k a year. I am trying to get them to knock of additional of the MSRP, but they are only offering $7k off.

The discount isn’t bad but to get the best deals you want a loaner with a few k miles

First what is the payment? It looks like it will be over 500? In this case, you can do better (around 400) with a loaner or by lease swapping with someone on this forum who just got a similar E300 and is having buyer’s remorse (just search E300).

In light of above, make sure you test drive it and even request for an overnight test drive :slight_smile:

Drive off is $1900… so the initial quote is $675 a month… Which sounded a bit way too high…

Yes that payment is remorsefully high

I would never buy a loaner. Never know who drove it, how they drove it, plus BMW skimps on “included maintenance”.

11% off is not the worst deal but I’d shoot for 15%.

but we’re talking about mercedes in this thread…
and it’s just a lease

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The discount is well within truecar and KBB’s estimates of fair purchase price although I can’t get to your $61825 MSRP I’m at $60425 with those options.

Tell them to discount into the holdback value. For mercedes it’s 1% so actually it’s not much they can do. $618.25

57% residual
.00092 MF is good base. But with autopay deduct .0001 and you’re putting down all that cash on MSDs right?
Acquisition has to be $795. Don’t let them markup.
Doc fees should be low (finance manager’s profit)

Provide all this for a good evaluation:

Selling price of the car (your negotiated price of the car)
Gross cap cost of the car (this is the selling price + all bullshit fees taxes etc)
Cap cost reductions with $0 down (Also known as Incentives)
Term of your lease (months)
Mileage allotment (7.5K/10K/12K/15K…etc)

I’m asking them for a $10k discount, so far they are still at $7k. I also qualify for fleet discount, which is another $2k I think, plus any other incentives for credit union members. I will update this thread if they reach out to me. On the side, I’m also working with the Lexus guy on a GS350 F-sport AWD. The numbers on Lexus are a little better. I think if I drive both of the cars, I will probably end up going with Lexus because of the V6.

Lexus is currently offering crazy incentives because their sales are still slacking because of that body style. I think you can get a much better deal at Lexus. I don’t know about audi and infiniti, but they might have deals as well. BMW and Benz suck right now.

BMW 5 series doesn’t really have any deals. I am not really interested in the Infiniti, I think they probably have the best deals, but I am just not a big fan of the design. Acura really doesn’t have anything that large, the TLX is more of an IS or C Class competition.

no longer available. no longer available. no longer available. no longer available.

Thank you everyone for their input. I went and looked at the GS; really needed a car that could accommodate two car seats and still have room for an adult to sit in the back. Unfortunately the GS wasn’t big enough, because of RWD. I didn’t want to, but ended up with a RX-350 F-Sport package, the sticker was around $60k, ended up paying taxes, first month payment as drive off. Lease is for 36 month with 12k miles a year, payments of $560 a month.

What is the MSRP on the GS350 you are looking at? i was looking at a $62k F-Sport AWD. Great price according to carguru is 55K.

Not sure what is a far Selling Price for the car in the Seattle market.