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Mercedes Benz C-Class Prices Paid and Buying Experience

995 messages,  Last post on Nov 04, 2009 at 4:11 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Mercedes-Benz C-Class, Hatchback, Sedan, Wagon


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#823 of 995
P2's anyone? and AWD/4matic by gotgt3
Jan 14, 2009 (3:54 pm)
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Snow wouldnt be a daily occurence (east/PA) for me, but rain/slick wet roads might. I learned how to drive a stick shift at 13 yrs old...but I won't say I'm as good now as I was back then (lol funnily enough learned how to drive on a benz and recall loving how it felt).
 
They're telling me the car I want doesn't exist (I think I'm the 1% of the population of 100 that does not want wood trim inside my ride). There are some available with that and P02 if I open up to the 4matic...What they're telling me is there is no difference in the ride/handling...as long as the 300 doesn't feel like the 350 (I test drove both and I felt the albeit subtle difference, and I prefer how the 300 responds to me vs the 350) I suppose there is no major difference based on your responses - thanks jrct and smrtdude. LoL...sad but I'm still lookin for my ride eh?
#824 of 995
How does this sound? by gotgt3
Jan 17, 2009 (8:50 am)
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This is for a 4matic with p2:
 
27 month lease / 12,000 miles
Monthly payment = $737.62
Total out of pocket - $1,990.67
Residual = $25,106.90
Money factor .00233
 
Isn't the payment high? I've asked dealers to bring it down but they say they cannot. I thought they have room to play with the residuals etc...any advice would be greatly appreciated!
#825 of 995
Re: How does this sound? [gotgt3] by soccerandlost
Jan 17, 2009 (5:18 pm)
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Replying to: gotgt3 (Jan 17, 2009 8:50 am)

gotgt3,
 
There's no play in the residuals. The MF seems a bit high, but car_man can tell you what the current buy-rate MF is. Then make sure you get there (anything above is pure profit for the dealer). The real point of negotiation is the Cap Cost of the car -- otherwise known as the purchase price if you were purchasing. Negotiate that lower, and your payment will be lower.
#826 of 995
Re: How does this sound? [soccerandlost] by gotgt3
Jan 18, 2009 (2:49 pm)
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Replying to: soccerandlost (Jan 17, 2009 5:18 pm)

Hi Soccerandlost,
Thanks! How do I get the buy rate from car-man? Is there a separate forum?
I have negotiated the price of the car, and that number is based on the lowest the seller agreed to. Dealer said the payment cannot be lowered, its based on the MSRP. I asked him if he had room if he played with residuals he said no since those come from the MSRP which won't change. He hasn't given me any reduction in monthly payments...we did come to his lowest on the purchase price/cap cost (or so I thought)....
#827 of 995
Re: How does this sound? [gotgt3] by soccerandlost
Jan 18, 2009 (9:21 pm)
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Replying to: gotgt3 (Jan 18, 2009 2:49 pm)

gotgt3,
 
Car_man is the moderator of this forum. Just give him a description of the car and the lease terms you are looking for (term and number of miles per year) he will provide you with the current lease terms (residual and buy-rate money factor).
 
In terms of negotiating, edmunds is showing an MSRP for a C300 Sport 4-Matic with P2 of $38,465 (incl. destination), invoice at $35,834, and TMV $32,915. While the TMV number is not hard and fast, what it does tell you is that cars are regularly selling for $3,000 below INVOICE -- or nearly $6,000 off MSRP. This is aided to some degree by the fact that MB is offering dealers $2,000 in "dealer cash" -- which is basically a subsidy to sell the car and something you should take into account when negotiating the cap cost/purchase price of the car.
 
I don't know what your dealer is telling you, but the fact is that this is a buyers market and you shouldn't be afraid to negotiate (or walk out and try another dealer). I don't know if this vehicle has any other features (it would be rare to find one with *just* P2), but if the numbers above are accurate then I'd offer a cap cost of $32k and work up from there, with the hope of landing no higher than $34k.
 
In terms of benchmarks, I leased a C300 Sport loaded (P2, Multimedia, AMG wheels, wood trim, iPod connectors, metallic paint, window tinting) for 39 mos at 10k miles/yr for about $2500 out of pocket with monthly payments of $580 (including tax). My residual is almost identical to yours ($25,15x.xx)
#828 of 995
Re: How does this sound? [soccerandlost] by jwilliams2
Jan 19, 2009 (5:23 am)
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Replying to: soccerandlost (Jan 18, 2009 9:21 pm)

Are you looking at a 2009 C300 4Matic with P2? I see on Edmunds an MSRP of $40575, with an invoice of $37796, and a TMV of $39987. Possibly you are looking at a 2008?
#829 of 995
Re: How does this sound? [jwilliams2] by gotgt3
Jan 19, 2009 (8:12 am)
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Replying to: jwilliams2 (Jan 19, 2009 5:23 am)

It's supposed to be 2009 - that's what the dealer said..
#830 of 995
2005 C240 Used Car Buying Experience by MA_Driver
Jan 19, 2009 (1:09 pm)
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I wanted to share a recent experience in trying to buy a used Mercedes C-class, and am also interested what other reader experiences have been. In December 2008, I started actively looking for a 2005 MB C240 4Matic. I got financing through my bank and started to visit used car dealerships in the Boston area. Being the end of the year (was after Xmas), I assumed dealers may be in a negotiating mood. I was surprised at the lack of willingness to negotiate from the dealers. I seemed to have miscalculated many assumptions, which are listed below.
 
1. End of the year shopping - dealers didn't seem motivated to sell their cars before the end of the year. Even on cars that have been in their inventory since June 2008.
 
2. The economy - I assumed there would be fewer buyers looking to purchase a car in this economy, therefore, dealers would be more willing to negotiate with customers. In fact, they gave very little room in negotiations. I couldn't get many dealerships to even get back to me when I called/e-mailed for more information on a car.
 
On average, I have been offering 10% less than their asking price. Is this unreasonable? What is an average markup/profit on a used Mercedes? What is a reasonable starting point for negotiations? 90%? 85%? 95%?
 
I found an interesting trend on eBay. I searched for 2005 C240's and many are listed. The asking prices are similar to what I am finding at dealerships. When I searched for only auctions that ended, I found that approx. 3 out of 100 cars were actually selling. The cars that have sold were much closer to the prices I have been trying to negotiate, other listings seemed very high.
 
I'm wondering if anyone else has a similar experience, or a different one. Is the economy not as bad as I am reading about in the news? What sort of deals are actually being had out there? Thanks!
#831 of 995
Re: 2005 C240 Used Car Buying Experience [MA_Driver] by gotgt3
Jan 19, 2009 (1:27 pm)
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Replying to: MA_Driver (Jan 19, 2009 1:09 pm)

RE: 2. The economy - I assumed there would be fewer buyers looking to purchase a car in this economy, therefore, dealers would be more willing to negotiate with customers. In fact, they gave very little room in negotiations. I couldn't get many dealerships to even get back to me when I called/e-mailed for more information on a car.
 
I've had the same. I wasnt getting any responses - 2 weeks after a RFQ no numbers and the audacity for 1 dealership to say noone is available everytime I called. Asked them point blank if they wanted to sell a car or not? Still no numbers. It's ridiculous. Im even considering other brands now, even though I don't want to, because of the rudeness and lack of service provided by most of the benz dealers in my vicinity. 1 in particular refuses to talk anything but MSRP. What planet are they from?
#832 of 995
several qusetions about 2006 C280 by shued
Jan 19, 2009 (5:35 pm)
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Hi, Guys:
I just bought a used 2006 C280 sedan from dealer. I have questions and hope to ask from you guys:
1): My C280 has cell-phone prewired package. Dealer will charge about $1,700
to make it work. Does anyone hear about third-party solution? such as extra part, procedure.
2): There has exterior lamp switch. When it turns left one stop or two stop, according to the user manual, it supposes to turn on left or right standing lamp.
But I do not observe the light. Does anyone know how it work?
3): How to open the cover of air filter? Does it is very difficult or need special tool?
I find that that there have two parts above the engine. The front part is easy to remove and just pull/lift it, which let you to access the oil filter. But the back part on air filter/duct looks difficult. In the User Manual, it DOES Not provide such info.
Thanks.
 
Thanks.

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