[Kassim786]

Alright chaps need you're advice ... Iv never been down this route so would highly appreciate you're inputs and please I'm advance is I make any mistake rectify me in the most nicests manor as admit I'm new to this.



Mercedes Benz of Leicester have offered me the following

2014 E250 CDI Coupe AMG styling
Pan roof
White exterior / Bengal red leather
Mercedes command etc etc


They want payments of £317 a month
But here's where it gets confusing ... They've valued my vehicle at £24,000k and suggested that they will give me a "cash back" deal

Therefore they will
Give me £10,000 cash back and the rest of the money will be dissolved into the new e class deal ...

The deal it self lasts for 36 months (3 years ) what do you guys think ? Iv been doing the figures .... Excluding insurance, maintenance and fuel that's a heck load of money not to forget they are also undervaluing my 62 plate E93


Any advice guys or anything else I can provide (if I haven't) so you could guide me in making the right decision ... Just don't want to get ripped off

[phil200tdi]

No way..

Sell your car, put down deposit or even better lease / the Merc deals are good..

You could pay circa £350 per month with £2k down on the same car..

[CardinalZeus77]

I have dealt with MB of Leicester. Doesn't sound like a good deal to me! What is the annual mileage? What is the GFV?

You'd be better off selling your car privately and go for a lease instead. Some really good deals to be had on the Mercs.

[AlanYoro35i]

Is the 14k deposit u wont get back? If so thats alot of money...

Alternativly why not sell your car and buy a secondhand e-class. Wouldn't that be your least loss?

[Kassim786]

Hey guys annual mileage is 10k per year


Iv decided to put the e93 for sale privately instead of putting it in the deal
With mercedes Benz Leicester

As a 14k loss for owning a car for three years is a bit eye watering .... If I pay it slower atleast I can live with it haha

[gIzzE]

That is fucking shocking!!

I just got one of my suppliers to contract hire an E350cdi cab, he was looking at 10 plates but in the end he contract hired one for for £3500 down and then £398 a month.

So £17k over 3 years, that was doing 12k miles a year.


Your deal works out at just over £25,000 for the same period.

http://www.contracthireandleasing.co...lass/30342361/

[Kassim786]

I think he tried having me up clearly my lack of experience is an area where he thought he could exploit / makes money on


£14,000 with 36 x £317 payments only to have a car for 3 years ? That's ridiculous / ludicrously expensive

[BMWChap]

Jesus! As said before You can get great leasing deals on Mercedes, leasing is definitely the way to go if you want to change cars every 3 years and not heavily into modding.

[Kassim786]

Decided to go with another deal... As after researching online a 2-3k deposit can secure the same amount of monthly payments of £317-350 a month

[mtr123]

Originally Posted by Kassim786

Decided to go with another deal... As after researching online a 2-3k deposit can secure the same amount of monthly payments of £317-350 a month

Is the other deal a lease or pcp again? I'm looking at e class's ATM as well

[Kassim786]

Lease mate