Last post on Nov 25, 2012 at 7:37 AM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Mercedes-Benz C-Class, Hatchback, Sedan, Wagon
#1035 of 1295 Re: c350 [sburmo]
Jan 18, 2010 (12:33 pm)
2008 is a 2 year old model, I think you can buy 2008 E350 close to this price and it's much better car. Also if you finance 2010 C350 - you can get as low as 1.9% APR, but 2008 model should get aprox. 6-7% APR. So if you finance - you will spend about the same amount over the term of financing.
Original warranty is 4 years or 50,000 miles, whichever comes first. So you will have 2 years/26k miles left. However, if this car is MB Certified - then you'll have 3 years/76k miles left. + certified means the car is extra clean and has clean history.
You can research prices on Certified pre-owned Benz anywhere in USA here: Mercedes-Benz Certified Pre-Owned anywhere in USA - so you can have an idea of pricing. Just wait a few seconds until it loads.
#1036 of 1295 2010 C300 sport
Jan 18, 2010 (12:46 pm)
Can anyone tell me what a good selling price right now would be for a 2010 C300 Sport with P1 and Multimedia. The MSRP is $41, 365 and the invoice, $39, 130. I am looking at a 36 month lease. With 12,000 miles the residual is 59% and the money factor is 0.00179. I appreciate any advice that may help me to negotiate. Thanks!
#1037 of 1295 Re: 2010 C300 sport [rach4]
Jan 18, 2010 (7:53 pm)
I can confirm that invoice figure is correct. Also, make sure that lease Acquisition fee is no more than $795, because dealer can mark it up, if they want to. They can also mark up the money factor - so watch it. Residual can not be changed by dealer, unless you take less or more miles.
Try to offer $1,500 below invoice and see what happens. Try more than 1 Dealership...
#1038 of 1295 Re: 2010 C300 sport [storm10]
Jan 18, 2010 (8:40 pm)
Storm10, Thank you so much for your response, it definitely helps since I am so new to leasing. Would you by chance know if it's possible to ask them to throw something in, such as free maintenance or more miles without changing the money factor? Thanks again!
#1039 of 1295 Re: 2010 C300 sport [rach4]
Jan 19, 2010 (2:01 am)
More miles does not affect money factor - it affects Residual value of the car at the end of lease (the part of the price that you are not paying for). Higher mileage at the end means lower residual value. Means you have to finance larger amount, so your payment will be higher. You need to decide if you really need 12,000 miles per year, which is 1,000 miles per month. Most people drive less. You can lease through MB Financial with as low as 7,500 miles per year. Less miles = lower monthly payment.
To make your life easier - negotiate bottom line: How much is total amount out of pocket $, and how much is total monthly payment $ - all inclusive. This way you don't end up negotiating taxes, DMV and bank fees, and any other fees separately from the deal.
You can request quotes from any Mercedes-Benz dealership anywhere in US here: Access to ALL Mercedes-Benz Dealerships in USA
#1040 of 1295 Re: 2010 C300 sport [rach4]
Jan 20, 2010 (3:00 pm)
I would look up the car value on truecar.com and the current money factor is .00159 not .00179. The residual is correct at 59%.
#1041 of 1295 Mercedes C3004matic gas mileage
Jan 20, 2010 (4:08 pm)
Has anyone purchased a new 2010 C class 300 4matic and experienced the gas mileage in city/suburban driving and highway driving? I am considering a few cars and would appreciate knowing your real world gas mileage experience.
#1042 of 1295 Re: 2010 C300 sport [badger1729]
Jan 20, 2010 (7:50 pm)
I will look into that. So far three different dealers have told me that for $10,000 miles it is .00166 with a 60% residual. Also thanks again Storm for your information. I'm really glad you mentioned the acquisition fee because two dealers already tried to hike it up when I was negotiating.
I would appreciate if anyone can give me feedback on this deal which I intend to sign a lease for tomorrow:
300C class sport
Premium package 1
MSRP including destination fee: $38,640
Selling price: $34,295
Drive off: $1030 (ttl + first month)
Acquisition fee: $795 (included in monthly fees)
Monthly - $468.80 (that includes taxes)
Disposition fee - $595
Should I try to do any better or is this good?
#1043 of 1295 Re: 2010 C300 sport [rach4]
Jan 21, 2010 (9:09 am)
Hey rach4, sounds like a good price. So far the best I can do is
2010 4 matic c300 sport
35,800 buy price
2000 cap cost reduction
508/month (that is the drive off payment all fees and taxes included)
They used .00159 as MF and 57% residual
Your deal is better than mine.
#1044 of 1295 Re: 2010 C300 sport [rach4]
Jan 21, 2010 (10:17 am)
I suggest to know your exact and total drive-off, so you can compare to other dealers, because: Drive off: $1030 (ttl + first month) can be misleading. Is $1,030 - cap reduction? Just get the total figure - how much is out of pocket.
You can save a little more if you pay Acquisition fee upfront, instead of including in financing. Because it is a fee - you don't pay a tax on it. But if you finance it - it will become a part of the selling price, so you will be charged tax and bank interest on $795. Just make sure that aq fee is included in your drive-off total amount. This will give you a little saving on the overall deal.
The selling price is very good - $2,300 below invoice. You are probably in California.
The Invoice amount is correct. By the way, you can always check the exact invoice of any Mercedes-Benz here: Mercedes-Benz Invoice Calculator. You need to enter MSRP and enter 0 in Gas Guzzler tax, because C-Class does not have it. This way you can always double-check, if dealer gives you the real or fake Invoice figure.