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Prices Paid: Buying & Leasing Experiences Mercedes Benz C-Class Prices Paid and Buying Experience
1019 messages, Last post on Dec 03, 2009 at 11:35 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Well, I did contact both the dealerships you mentioned because I can't find the car I want around here. The one that sold to you told me that they sold to you for no profit so that they could soak you on future deals. (j/k) But that tells me something -- $1500 below invoice is a "no profit deal". They won't do that for me but we are trying to put something together. pharmd2b -- I would tell them you want to pay $4,000 less than MSRP and see what they say. |
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Replying to: lccalvert_1999 (Feb 10, 2005 1:48 pm) Volvo S40: Prices Paid & Buying Experience |
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Replying to: ltrojan (Jan 30, 2005 10:08 pm)
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Replying to: jazzdude3 (Feb 24, 2005 6:18 pm) kirstie_h Roving Host Host, Future Vehicles & Smart Shopper discussions |
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| We went and drove both the C-230 and the C-240 yesterday. We are coming out of a 02 BMW 325i so the C-230 was more appealing due to the sporty feel. We really liked the appointments that were standard and especially the 17" wheels. Any way, at the dealership in Memphis, the Mercedes Benz of Memphis they were only offering $1200 off the sticker of 35,850 for Pewter, sunroof pkg, memory seats, cd changer and were stating the invoice was only $1985 less that sticker, so that $1200 off was a good deal. They also said that that the lease incentives from MB only applied to the c-240 4matic and that they were not going to get an extra $1000 form MB. With $2000 down they offered a lease of 39 months for $493 for 10k per year or $523 at 12K per year(including MS taxes). I laughed and walked away. We will still get the car, after renegotiating and or visiting other dealers. The money factor presented was .0029 does anyone know how to do the conversion to interest rates? Were they indeed full of it on the lease specials not on this car and on the invoice as I concluded? Thanks to everyone who replies. | |
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The price was $34850 on the sticker not $35850. Sorry and thanks again. |
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Interest rate = money factor x 2400 So, .0029 = 6.96% which is very high. I can't make your options on this car add up to $35,850. I come up with $33,460 -- perhaps you forgot to mention something? Anyway, the invoice on the $33,460 vehicle is $31,170 -- a difference of $2,290 so it would be about $2500 on a $35,850-optioned car. People are buying the 230 Sedan for invoice or below + IRG (advertising fee) which can be $300-$500 dollars. If you go to the MBUSA website they SHOW the incentives on the various models. |
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made your correction. I am guessing that the vehicle has an automatic transmission. That would raise the MSRP to your stated $34,850. Invoice on that is $32,463 plus IRG (lets say $500) = $32,963. People in the major markets are paying $1,000 below invoice and that might be a good starting offer: $31,963 + TTL. Since you are in Memphis, I think you might actually have to pay something like $32,963 + $500 = $33,463 + TTL. But I don't like that interest rate at all. |
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| shows a 39 month, 36000 mile lease offer at MF .00205 which equals $482/month, but there is a $395 disposition fee. Was there a disposition fee on your deal? BTW, .00205 = 4.92% | |
| The disposition fee was $350 i believe. We travel to major markets like Atlanta often for business. I will start over there in two weeks. | |
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