Last post on Nov 14, 2013 at 7:31 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Mercedes-Benz C-Class, Hatchback, Sedan, Wagon
#1039 of 1300 Re: 2010 C300 sport [rach4]
Jan 19, 2010 (1:01 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 1300 Re: 2010 C300 sport [rach4]
Jan 20, 2010 (2:00 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 1300 Mercedes C3004matic gas mileage
Jan 20, 2010 (3:08 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 1300 Re: 2010 C300 sport [badger1729]
Jan 20, 2010 (6:50 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 1300 Re: 2010 C300 sport [rach4]
Jan 21, 2010 (8:09 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 1300 Re: 2010 C300 sport [rach4]
Jan 21, 2010 (9:17 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.
#1045 of 1300 Re: Mercedes C3004matic gas mileage [rxke]
Jan 21, 2010 (9:50 am)
C300 4 Matic averages 17 mpg in City drive and 25 mpg on the highway. It can vary depending on your driving habits, but very close to reality. There is a trip computer on board inside the speedometer, which shows your current fuel consumption, while you drive, so you can change your driving habits based on what it shows, while you drive. You can take notes while you test drive the car.
One thing for sure - mpg can be much better on highway, especially during long trips. When I drove from LA to Las Vegas using cruise control - my average mpg was 34, but it was not 4 Matic.
Also, make sure that you really need 4 Matic. If you get just Rear Wheel Drive - it will give you a little better performance, saves you a little money on gas and insurance will be a little less expensive. Also - you'll probably get a better deal on RWD.
RWD has plenty of safety features including ESP(Stability control), Brake Assist and lots of other features even if you drive on really bad road or weather conditions.
#1046 of 1300 signed a deal for C300 AWD sport
Jan 21, 2010 (11:20 am)
white exterior , black mbtex interior + P1 package
C300 sport AWD, NJ (Bergen)
3300 down (including tax/lic,acq,1st month)
451/month (35 months left)
10K/year, 3 years
Jan 12 and beyond, I was told the regular maintanence included with the lease.
I initially reduced to 420/month, but later added tire/wheel multishield insurance that jacked up to 451/month. I think I could have skipped the insurance and stayed with 420, but that even looked good to me. How did I fare?
#1047 of 1300 Re: 2010 C300 sport [storm10]
by kyfdx@Edmunds HOST
Jan 21, 2010 (7:39 pm)
Taxation of the acquisition fee depends on your state of residence.
Most states charge tax on it, even if paid upfront..
Jan 21, 2010 (8:58 pm)
You have really been so helpful. I ended up signing today:
C300 sport - white (black interior)
Premium package 1
Down payment $1,913: includes tax, title, license, and wear & tear, which allows up to $5000 in damages upon return - definitely worth it for me!!!)
$460 a month
I didn't pay the aquisition fee upfront cause I didn't see this until I had already signed everything. Oh well, I guess I know for next lease! Thanks again for all your help!