Yet another E300 loaner deal

Signed Deals & Tips
1

First lease for the wife!
This is for a loaner car with 6,054 miles on it.
Year, Make, Model, and Trim: [2017 Mercedes Benz E300 RWD Luxury w/ P1 package]

MSRP: [$57,615]
Discount: [$12,000]
Excess miles buyback: [$611]
Selling Price: [$46225]
Rebates: [$0]
Trade-in: [$0]
Months: [36]
Annual Mileage: [7,500]

MF: [0.00037 (after 10 MSDs and autopay)]
Residual: [61%]

Total Due At Signing: [MSDs + First month payment + doc fee + dmv fee]
Monthly Payment (incl. tax): [$389]

Zip Code: [27519]
Sales Tax Rate: [3%]

When I put this in the LH calculator, the payment is off by about $9 per month. But since this met my criteria of sub $400 per month, I went for it.

Thanks a lot to @Sai1, @cheapdad00 and @Benedetto for all their help.
This forum is amazing! I still can’t believe that I just got a premium car at such a monthly payment.

1 Like
2

That is indeed an amazing deal due to the decent residual and great discount. Why lease anything else if you are in the market for a Sedan? Just don’t understand why people are even wasting time on Volvo or BMW…

3

Congrats. Interesting that today I received non-spam emails from 4 dealers with whom I had gone dormant with last week. Either the beginning of the month is slow (and they are mining contacts), the end of the month is still continuing or the incentives increased for August. I heard a local radio commercial that August was pre-owned special month for MB.

1 Like
4

Exactly right - that’s what they do during the slow days of the start of the month - send out feelers to build the pipeline for month end :slight_smile:

5

Excellent…great car and happy wife. We all know how a happy wife equates to a happy and peaceful life! :grinning:. Congratulations and enjoy the night out with your besties :wink:

1 Like
6

Any idea of the residual impact to bump this to 15k? This is another option for me.

7

I would guess 58% for 36mo/15k, but it’ll be best to confirm with the experts on this forum.

8

Consult Edmunds model specific lease questions threads. You can ask and they respond quickly. RV and MF will differ dependent upon RWD vs 4Matic.