Just finalized this deal, and am going to go to the dealership tomorrow to pick up the car . Honestly was not planning on spending over $400 a month on the car, but given this heinous market, it was either this much money for an E350, or a smidge less for cars that had MSRPs in the mid 40s which i absolutely refused to do out of principle lol
Year, Make, Model, and Trim: 2020 Mercedes Benz E350 4Matic. (Loaner w/ 7xxx miles) MSRP: $64315 Bottom Line Price excluding Incentives: $50498 (21.4%) Monthly Payment: $439 + Tax Drive-Off Amount: $22xx (First Months Payment + Dealer Fees + Acquisition ) + MSDs Months: 36 Annual Mileage: 12,000 Incentives: $3000 Fleet Money Factor: .00001 (reduced from .00048 after MSDs) RV: 51% before mileage adjustment (the RV screwed me over, wish i had leased this last month when the RV were higher… you win some you lose some i guess).
This was literally the only hackable lease i was able to find… in this market, i think this is acceptable-ish.
This is an amazing deal. DM me dealer info. Somebody in this forum also picked up a c class loaner for about same payment but he is not as pleased as you are.
do you guys think that even in a normal, non-covid market this would have been as good of a deal? i’m still peeved to be in the 400s lol but i guess its justified by the relatively high MSRP.
That’s a great deal on a Benz. If you like the car, you can negotiate the residual value (especially since a 40k mile Mercedes is not a very desirable car for reasons unknown). By the time you turn this car in, the market will be flooded with lease returns.
That’s not changing the residual value. That’s them offering a buyout incentive beyond the residual value.
At least with bmw, they won’t negotiate it at all either. They may offer it leading up to the buy out if they’re targeting certain models, but they won’t work with you if you call them up and try to negotiate, nor can you go to a dealer, turn in the lease, and then buy it from them below the rv. They put a stop to all that.