They are closing out the 2009 E350 inventory to make way for the all-new 2010 E-Class. They stopped production on the 2009 already. This deal will only work if you can find the car that you want on the dealer's lot or the dealer can locate the car for you. As always on any car deal, YMMV.
"You will not be able to find yourself a car that retails for nearly $60k for around $600 (36 months lease) anywhere (with just inception fees). So why is this happening? $10,000 rebate that you can use on a lease. The lease rates are pretty decent too! 46% residual at 10k, 45% at 12k and 43% at 15k miles per year. The money factor is a reasonable .00165, which breaks down to about 3.96% APR. Not fantastic, but good enough to make the deal work. I know $600 and change is a bit steep for most people, but if you are shopping around for any vehicle in the $50k-$60k range, rest assure that you will pay a heck of a lot more than the E350."
Credit to "Ride with G" (Google his blog, it's under "deal of the month" )
tholzer said: Is this a lease or purchase? What is due at signing? What is the monthly fee? What is this promotion called?
It's a lease but I don't see why you can't do purchase as most dealers don't want to get stuck with this outgoing model in their inventory. Just google the blog for details as I'm not allowed to post the direct link here.
mailnride1 said: This is for a 48 month lease. Should mention that.
The info listed here is for 36 month lease.
tholzer
Senior Member - 1K
posted: Jul. 24, 2009 @ 8:06p
LongDongSilver said: mailnride1 said: This is for a 48 month lease. Should mention that.
The info listed here is for 36 month lease.The info in the post is very limited and hard to follow. I called my dealer and there is a $9.5k incentive (not rebate). 48 month lease 10k miles/year $5k down $499/mo
What's up with all these luxury cars going on sale these days? I was debating on that X5 desiel deal and it was torture. And now this? My poor, thin, thin wallet...
This is the oldest model that exists in the MB family. Status is a big part of driving an MB. Buying or leasaing a 7+ year old body style on close out/clearance does not say much about your status. Besides, even if you believe you're not getting one for status, who wants to drive around in 7 year old technology to save a couple quid when you're earning at least 6 figures.
ravi105 said: This is the oldest model that exists in the MB family. Status is a big part of driving an MB. Buying or leasaing a 7+ year old body style on close out/clearance does not say much about your status. Besides, even if you believe you're not getting one for status, who wants to drive around in 7 year old technology to save a couple quid when you're earning at least 6 figures.
That's why a baller like you clicked on this thread...
koolkinkajou
Member
posted: Jul. 24, 2009 @ 8:48p
This car looks like it is straight out of a World War II movie it's so old!
The first thing you need to know about leasing is never ever ever put any money down on a leased car. That's the biggest BS thing ever. That is a pure donation to the Dealers European Vacation fund! YOU ARE LEASING! That's like renting an apartment and giving the landlord 5k so that you can sign the lease.
koolkinkajou said: The first thing you need to know about leasing is never ever ever put any money down on a leased car. That's the biggest BS thing ever. That is a pure donation to the Dealers European Vacation fund! YOU ARE LEASING! That's like renting an apartment and giving the landlord 5k so that you can sign the lease.
Right on! You'll never see that money again if your car gets totaled. Do multiple security deposit (MSD) instead to get a lower MF if you want lower monthly payment. You'll get the money back at lease end or whatever happens to the car.
i63Aps
Ancient Member
posted: Jul. 24, 2009 @ 9:00p
nice deal in my opinion, but dont have the dough
i63Aps
Ancient Member
posted: Jul. 24, 2009 @ 9:07p
duplicate
CoffeeEater
Greedy Member
posted: Jul. 24, 2009 @ 9:15p
Leasing is for people who don't have any money and live paycheck 2 paycheck.
Yobz
Senior Member
posted: Jul. 24, 2009 @ 9:17p
Meh, I would rather have the 2010 for 10k more...at which point I would just buy an M5 :-|.
sirbeamer
Happy Member
posted: Jul. 24, 2009 @ 9:40p
@CoffeeEater I'm not typically a big fan of leasing, but there are plenty of valid arguments against your position. To make such a broad statement without any facts or evidence is kind of useless.
Leasing is for those folks who can write off the vehicle to a business. At least that's my $.02 on the concept of leasing. Aside from that, if you really want to keep the car, you'd be better off purchasing it outright. I have no interest in buying a Mercedes, but green for the OP for posting his, or her, find. I've known too many folks who lease and then buy and get screwed on the actual purchase price.
As one more note, being someone who actually owns a MB, they have terrible quality assurance. All repairs/service are ungodly expensive and not worth the money invested... once again my $.02 on the subject. If you don't believe me just look at any reports from anyone who has actually owned a MB. I'll never buy one again... ever.
LongDongSilver said: ravi105 said: This is the oldest model that exists in the MB family. Status is a big part of driving an MB. Buying or leasaing a 7+ year old body style on close out/clearance does not say much about your status. Besides, even if you believe you're not getting one for status, who wants to drive around in 7 year old technology to save a couple quid when you're earning at least 6 figures.
That's why a baller like you clicked on this thread...
I clicked on this thread to see and participate in the arguments for and against driving in an outdated Benz. I am by no means a baller nor do I insinuate that I am. Have fun with your responses in this thread. The more often you reply to other's posts the quicker people will lose interest.
Wonder if any mercedes benz $60K car buyer would visit fatwallet.com. It is not so benzy!!!!
HpyDude
Member
posted: Jul. 24, 2009 @ 11:11p
I think TITLE is really misleading. After so many replies by OP. I hope he should just make one edit to the TITLE so that those who are seeing the post for 1st time should get the idea that the deal is for LEASE and for 36 Months or what ever.
sidharth17 said: Wonder if any mercedes benz $60K car buyer would visit fatwallet.com. It is not so benzy!!!!
Probably, very few. Fatwalleters usually buy 1-2 years old used BMW or MB. That gives much better deal than newer one.
chilifries
Member
posted: Jul. 25, 2009 @ 2:21a
lchen5 said: sidharth17 said: Wonder if any mercedes benz $60K car buyer would visit fatwallet.com. It is not so benzy!!!! Probably, very few. Fatwalleters usually buy 1-2 years old used BMW or MB. That gives much better deal than newer one. Very true. Just picked up a 2007 E350 for $23k last week.
benz quality is way down. they have many many many of these parked at the docks. too weak engine without going AMG for the price. bmw pwnd them with the twin turbo 6 gasser/oil burners.
I regard FW'ers as mostly Cartarded.
You have no idea the cost of supporting an out of warranty/free service luxury car.
rigor said: benz quality is way down. they have many many many of these parked at the docks. too weak engine without going AMG for the price. bmw pwnd them with the twin turbo 6 gasser/oil burners.
I regard FW'ers as mostly Cartarded.
You have no idea the cost of supporting an out of warranty/free service luxury car.
I've got a '04 C class which I've had no trouble with. I believe this was the last year MB provided free service during warranty period. Now that it is out of warranty the last scheduled service cost me almost $500. I'll keep driving this one until it starts causing me trouble but after that I don't think I'll buy another.....they just cost too much to maintain.
lchen5 said: sidharth17 said: Wonder if any mercedes benz $60K car buyer would visit fatwallet.com. It is not so benzy!!!!
Probably, very few. Fatwalleters usually buy 1-2 years old used BMW or MB. That gives much better deal than newer one.
Just wait. Any minute the evangelists will arrive and start spamming with "The only car anyone should ever buy is a used Crown Vic with 120,000 miles that you pick up for $200 at a police auction." Nearly every post about luxury cars ends up there at some point.
drodge said: lchen5 said: sidharth17 said: Wonder if any mercedes benz $60K car buyer would visit fatwallet.com. It is not so benzy!!!!
Probably, very few. Fatwalleters usually buy 1-2 years old used BMW or MB. That gives much better deal than newer one.
Just wait. Any minute the evangelists will arrive and start spamming with "The only car anyone should ever buy is a used Crown Vic with 120,000 miles that you pick up for $200 at a police auction." Nearly every post about luxury cars ends up there at some point.
where were those evangelists a year ago...I'd take one of those $200 Crown Vics and use it to get $4500 credit towards new car through the new Cash for Clunkers program! Oh well...
my local dealer is offering close to 20k off the 2009 E class. He said he can even offer something I can't refuse on those ugly minivan of theirs. 10k off is very typical discount you see with MB. When I bought my slk350 2006 brand new at the time, I had close to 10k off the sticker price. One dealer refused to discount more than 2k, and found my dealer next door to them.
Skipping 219 Messages...
remowilson
New Member
posted: Aug. 31, 2009 @ 4:28p
does anyone whether MB incentive is extended? I know the current incentive expires today. but wondering whether MB extends a little longer.
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