I leased a new 2009 E 350 in August. The car has

If you want to keep car, cheaper in long run to purchase. If you want new car every few years you go the lease route knowing that there are mileage limitations and that it is just money out the window, like rent payments.

Dealers make considerably more money on leases - that is why they like them. Not good for most consumers unless ..............If you own a business the lease rental is a deductible expense.

Larry, It keeps there cost down, example: You the leaser pick up your new lease vehicle with cheap tire that leaser paid let say $40.00 each for tires. You return car after a year, probably in your contract it states you are responsible for some wear items and damage, over mileage limit,etc. The lease rep. comes out measures remaining tread depth of tires and they measure out at 3/32 of an inch. Which then they calculate to be 95% worn. They do not use the price of $40.00 per tire, they use the price probably closer to $120.00 per tire in there calculation and get away with it, because this is determined to be the average cost to replace a tire of the market at the time.
To sum it up you could have to pay $456.00 towards tires wear unless you replace the tires before returning it to the lease company along with other expenses they deem as part of contract fulfillment.
This is only an example and does not mean all leases are like this it is just a plausible answer to question.
Check the attached links for more info. on car leases, Good luck. "I hope this helped you out, if so let me know by pressing the helpful button. Check out some of my other posts if you need more tips and info."
http://www.cbc.ca/newsblogs/business/moneytalks/2008/05/ellen-roseman-the-hidden-costs-of-car-leasing.html
Don get dinged at the end of your lease
Car Leasing Companies and Their Hidden Costs
Auto Leasing Explained

Stay on top of your recommended preventative maintenance. A vehicle is one of the worst investments you can make, they are very cheap to maintain for the first 50k miles then it starts adding up very quickly. Which is why many people will lease new cars for only a couple years.

Have it inspected by a good mechanic. Make sure you get all maintenance done on time. (Oil change, new spark plugs, timing belt)

If you are planning on keeping the car for a whilst, here are a few ideas on things you may like to consider doing as preventative maintenance. Consult your vehicles log book first though, to see what maintenance has been completed.

A good idea is to give is a good lube change, and replace basic components from front to rear. Start by the cooling system, replace the radiator cap, thermostat and give the engine block and radiator a thorough flushing to remove scale and debris. Replace water pump if you would like, not huge with this miles but would give good piece of mind.

Fill back up with good qaulity coolant, inhibitor and anti-freeze. This will give the cooling system a new lease on life.

Replace all drive belts, check alternator charge rate and battery condition. A 'valve set' can be performed by your dealer, just to tune the engine back up.

Drain and replace transmission and differential fluid.

Replace engine oil, engine oil filter, spark plugs and leads and air cleaner.


Check all brake pads and discs for wear and any suspect leaks around brake calipers.

Grease all driveshaft uni's and inspect for any excess wear. Replace as nescessary.

All depending on what you feel is nessecary and what your budget allows.

Maintenance Required is a light that comes on after a predetermined number of miles. For example, if the maintenance schedule Honda set for the car calls for an oil change at 3000 miles, a new fan belt at 6000 miles, and another oil change at 9000 miles, then the maintenance required light will come on every 3000 miles and stay on until it is reset by the dealer. Some people, especially those that do their own regular maintenance but don't have a way to reset the light themselves, find this an annoyance. But others find it useful and take their cars in to the dealer every time the light comes on, and they rest assured that all of the regular maintenance is always done on time.

What this light does NOT do however is signal that there is anything immanently wrong with your car. It is not a "Check Engine" light (that's the one you should worry about if it ever comes on), but merely a reminder for you to do preventative maintenance. That doesn't mean you should *ignore* it, per se, as you want to make sure you have your car on some kind of maintenance schedule, even if yours is not as strict as Honda's. But there is no need to panic.

Follow the instructions for arbitration on the back of your repair invoice, look for the information in the Song Beverly act. You can go above your local dealer by getting in touch with the District factory representative, you can also get your local Bureau of Automotive Repair involved.

A vehicle as new as a 2008 should not be running out of oil or loosing oil pressure without mechanical failure of some sort, vehicle should be covered 100% by a manufacturers warranty at least for a minimum of 3 years 36,000 miles at least... Not knowing the history of the vehicle with regards to your specific maintenance practices, as long as you serviced on a regular basis and have records and or receipts to prove it they should be obligated to repair the vehicle... Hope this helps...

leased? take that thing back and dispute that it is not safe to drive. they need to do a complete check up on that vehicle. it could be as little as the the dash malfunctuning, to brake broken and 4wd broken. which idk how that would even be possible. at 21000 miles it may still be under warrenty and there is prob something writen into the lease about problems like this. please go to your dealer

It means that 5,000 miles have passed since your last oil change or reset of the indicator, change the oil if it has not already been done.

you can reset the indicator by putting your key in the slot next to the indicator if you have one, Or try to hold down the "Trip" button so it resets and this should work

Yes Mercedes Definetily offers a lease program for them, HOWEVER, the dealers will try to push for you to lease a New-they will say cheaper-believe it IS NOT you can save Big Bucks going with a Brand Spanking Used Lease. Good Luck
My Ride.
2007 CLS 550 Blk/Blk AMG Package Fully Loaded MSRP $80,000
39 Month 10K $1178per month Toyal Out pf Pocket Was $3000.00