Hello, I’m looking to get some advise on this lease deal. Below are the lease figures I’ve received from my dealer on a 2017 Mercedes E43.
MSRP: $83,275
Sale price: $80,776
MF: .00099
RV: 58%
Term: 36 mo
Mileage: 12000
Licence fee: $160
State inspection/Title: $40
Acquisition fee: $1095
Total sales tax: $5,218.50
Total add cap cost: $1,450
Adjusted cap cost:$87.445.25
Monthly payments: $1,221.76
The sale price itself looks ok, as most dealers seem to be offering it at or near MSRP due to limited availability but we’re going for a special order The acquisition fee looks a little high, as on the site below and elsewhere, I see the fee listed at $795.
I also have a question about the total tax. Sales tax in TX is 6.25% on total sale price. I’ve run the calculations on this website, and I come with a figure of $5049 for tax, much less than in the dealer quote. If I multiply $5049 by 16 (1/.0625 = 16), I get a number very near the sale price, as expected. But if I multiply $5218 by 16, I’m getting a number higher than even the MSRP. Perhaps I’m missing something here. I would appreciate it if someone can clarify on this before I speak with the dealer again.
All in all, how would you rate this deal, considering it’s a special order on a limited availability vehicle. Thanks in advance!
1200 for a non AMG E Class is a lot in my opinion. Probably better off getting a left over 17 S550 for around the same price. Maybe wait until there’s more available if this is the car you must have.
Thanks for your feedback. Browsing the forums a little more, I can see this looks quite high compared to other cars but then again, I guess this is the norm for a amg branded vehicle with low supply and high demand. If I go this route, I do plan to use a $1000 incentive as well as max MSDs, which should bring the monthly payment down to around $1070.
Regarding the S550, If I could get one with the same monthy payments as the E43, I would do it. I’ve use the leasehackr calculator to get some numbers on the S550, but I’m getting figures of $1550+ even if we assume a 10K discount on a 110k vehicle. I would need a 20-22k discount to match the E43. This is partly due to the car’s much lower RV.
LOL @ E43 MSRP of 83k that is just a rebadged E550. Man Mercedes has created a true cash cow.
See Mercedes is doing it right where BMW is failing miserably. They didn’t have to bump MFs, kill MSDs, change residuals they just rebadged their line-up and added 10-20% markup for it.
