Ok so how do i go about leasing a E500 Benz?

Burzhui · 10-10-2002, 10:24 AM

Ok so a 20 year old guy going into a benz dealership, that has never leased a car before is bound to get screwed

So i will rely on you guys to help me through it

Me want: e500
My price: the cheaper the better
Type of purchase: Lease

so what is a good rate, how do i talk them down, what should i look out for, should i bring a weapon? etc

attgig · 10-10-2002, 10:31 AM

walk in well dressed - looking like you've survived the dot.com scare, and have lots of money. drive in with a pretty decent car.

and yeah, look like you know what you're talking about...
they're definitely gonna do a credit check on ya though, so....how's your credit - does it show that you have a lot of money, or very little money?

or perhaps the parents there with ya may help.

Burzhui · 10-10-2002, 10:57 AM

the credit is good

if i look like i have money, won't they want to get the money from me?
the more i have the more they can get type of principal?

also what rates are good?

Burzhui · 10-10-2002, 11:48 AM

Quote:

Originally posted by DarkFury

Ummm... I thought the car was for your "Dad"...

Does this mean that you are giving up on your Cougar now?

it is for my dad, i will be taking care of the whole thing though, my dad has no time

brain · 10-10-2002, 12:00 PM

You want to put the minimal amount down. Usually, this is first month's payment, registration and doc fees. Keep in mind that leases can be expensive. I've been hearing the lease on the E500 is around $1000/mo on a 36 month term. As for credit, Mercedes no longer uses a FICO based model. They look at your bank information, your income, and the FICO. A 20 year old doesn't necessarily fit their model profile especially if they have never leased or purchased a car. If your dad is too busy, you may just want to contact a dealer with an internet sales manager and use your father's name. They will usually deliver the car with the paperwork. Very minimal work. When I leased my Mercedes, it was basically sign and drive. I was out of the dealer in 20 minutes because all the BS paperwork had already been processed.

kimchicowboy · 10-10-2002, 04:29 PM

make sure you get it with the rear moonroof. that was coooool.

brain · 10-10-2002, 10:45 PM

Quote:

Originally posted by kimchicowboy
make sure you get it with the rear moonroof. that was coooool.

That would be the panoramic sunroof... In addition to the solar panels. THose are bad ass. They keep your car cool using solar power instead of draining your car battery.

ken · 10-14-2002, 07:46 PM

simple. Do you research

go to edmunds (though that site gets worse every day it seems)
go to the company website for lease/finance incentives
check the classifieds for lease/finance incentives

most important of all: find out some benz discussion groups and look for messages on lease deals.

10-10-2002, 10:24 AM	#1
Burzhui hot in velour pants Join Date: Jun 2000 Location: New York City Posts: 9,198	Ok so how do i go about leasing a E500 Benz? Ok so a 20 year old guy going into a benz dealership, that has never leased a car before is bound to get screwed So i will rely on you guys to help me through it Me want: e500 My price: the cheaper the better Type of purchase: Lease so what is a good rate, how do i talk them down, what should i look out for, should i bring a weapon? etc __________________ ____________________ IF A FAT GIRL FALLS IN THE WOODS DO THE TREES LAUGH?

10-10-2002, 10:31 AM	#2
attgig Chief of Naval Operations Join Date: Jun 2000 Location: the burbs of baltimore Posts: 11,924	walk in well dressed - looking like you've survived the dot.com scare, and have lots of money. drive in with a pretty decent car. and yeah, look like you know what you're talking about... they're definitely gonna do a credit check on ya though, so....how's your credit - does it show that you have a lot of money, or very little money? or perhaps the parents there with ya may help. __________________

10-10-2002, 04:29 PM	#6
kimchicowboy Admiral Join Date: May 2000 Location: in the middle of the pacific ocean Posts: 5,344	make sure you get it with the rear moonroof. that was coooool. __________________ "I pick my nose too but never eat it." - bachviet, 3/30/04 if anyone wants to go scuba diving in oahu or wants to learn who to scuba dive in oahu, PM me.

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10-10-2002, 10:57 AM	#3
Burzhui hot in velour pants Join Date: Jun 2000 Location: New York City Posts: 9,198	the credit is good if i look like i have money, won't they want to get the money from me? the more i have the more they can get type of principal? also what rates are good?

10-10-2002, 12:00 PM	#5
brain Rear Admiral Upper Half Join Date: Jun 2000 Location: Sherman Oaks, CA Posts: 3,404	You want to put the minimal amount down. Usually, this is first month's payment, registration and doc fees. Keep in mind that leases can be expensive. I've been hearing the lease on the E500 is around $1000/mo on a 36 month term. As for credit, Mercedes no longer uses a FICO based model. They look at your bank information, your income, and the FICO. A 20 year old doesn't necessarily fit their model profile especially if they have never leased or purchased a car. If your dad is too busy, you may just want to contact a dealer with an internet sales manager and use your father's name. They will usually deliver the car with the paperwork. Very minimal work. When I leased my Mercedes, it was basically sign and drive. I was out of the dealer in 20 minutes because all the BS paperwork had already been processed.

10-14-2002, 07:46 PM	#8
ken Lieutenant Join Date: Apr 2000 Location: LA, CA Posts: 291	simple. Do you research go to edmunds (though that site gets worse every day it seems) go to the company website for lease/finance incentives check the classifieds for lease/finance incentives most important of all: find out some benz discussion groups and look for messages on lease deals.

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