Finalized! 2020 Mercedes E350 4Matic Loaner; $64,315 MSRP (21.4% off pre incentive); 439 + Tax/mo; $22xx DAS; 36/12k

Just finalized this deal, and am going to go to the dealership tomorrow to pick up the car :slight_smile: . 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.

Dealer has no other E350s.

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Congrats, good deal!

:chocolate_bar:

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Great job. Congrats on your deal. Get ready for folks DM’ing you for dealer info.

EDIT: Post pics once you pick up the car.

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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.

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Awesome deal! This is LH worthy!

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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.

2020 E class is outgoing model, 2021 E class has been redesigned. You’re not going to see 2021s go at this price, shortage or not.

I think so. Your 21% off. That’s great regardless of the market!

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Maybe if you had other incentives, it could have made the payment below 400s. You did good on a 1 year old loaner. Enjoy the car.

Great discount at buy rate MF. Congratulations.

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Very nice. Location?

this was in the chicago suburbs

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.

Residual value is set by the bank. It is not negotiable.

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here are some (slightly delayed) pics of the car! drives much better than anticipated



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Not always. I’ve seen Mercedes and BMW negotiate the buy out amount at the end of a lease.

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.

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