Last post on May 15, 2013 at 1:00 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Mercedes-Benz C-Class, Car Leasing, Hatchback, Sedan, Wagon
#1065 of 1650 Re: 2012 C250 Sport and 2011 GL450 [tleco]
by Car_man HOST
Sep 18, 2011 (3:42 pm)
I'm doing well, thanks tleco. Wow two cars this weekend. You're busy.
Mercedes-Benz Financial's September buy rate lease money factor and residual value for a 24 month lease of a 2012 C250 Sedan with 10,000 miles per year are .00195 and 74%, respectively for consumers who qualify for its top credit tiers.
The numbers for a 24 month, 12k lease of a 2012 GL450 are .00126 and 67%, respectively.
Prices Paid: Buying & Leasing Experiences Forum
#1066 of 1650 Re: Please help me on this lease [travish1]
Sep 18, 2011 (8:44 pm)
You're not going to get it to that without a cap reduction or a better selling price. Paying the standard $795 acquisition up front should shave $35 a month or so off.
#1067 of 1650 Lease Numbers for 2012 C350 Sport Sedan
Sep 18, 2011 (8:53 pm)
Greetings. Car man, could you kindly let me know the current mf and residuals for the 2012 C350 sport sedan. Can you provide the numbers for 36 months / 10,000 and 36 month / 12,000 miles. Also, are there any 33 month leases on this model. Thanks.
#1068 of 1650 Guidance/Advice on potential C300 lease
Sep 19, 2011 (10:08 am)
Hello, I'm new to leasing and trying to read up on everything I can before making a final decision on this car. I'm hoping for some advice on an offer that I received this weekend. I'm looking to lease a C300, but feeling that this deal isn't the best I can do. Thoughts?
Premium one package
MSRP 42,845 - dealer will come down to 41,000
33 month term
7,500 miles allowed per year (I drive about 2,000 miles per year but still, this allowance seems very low)
Credit of 2,000 for conquest offer (I currently own an Acura)
Payment including taxes, $457.82
2,000 cash outlay which covers the first payment, license fees, tax on the payment, lease acquisition fee, and doc fee of $150.
Thanks for any advice you can provide!
#1069 of 1650 Re: Guidance/Advice on potential C300 lease [sonic1002]
Sep 19, 2011 (12:27 pm)
From what I can work out, it looks like they're working on a residual of 65% and the August 33 month money factor of 0.00099. That mileage allowance looks very low. How certain are you that your circumstances won't change over the next 3 years?
I can't find any September 33 month rates at the moment. Maybe Car Man can assist?
#1070 of 1650 Re: Guidance/Advice on potential C300 lease [sonic1002]
by kyfdx HOST
Sep 19, 2011 (1:28 pm)
If I only did 2000 miles/yr, I'd look to buy a two or three year old car... and just keep it for 5-6 years...
Leasing seems like it would be a very high cost per mile...
#1071 of 1650 Re: Guidance/Advice on potential C300 lease [sonic1002]
Sep 19, 2011 (2:01 pm)
Just to give you some insight, that deal is horrible. I leased the same MSRP vehicle last month. 33 months/ 15,000 miles a year. My residual was 61% with a money factor of .00109. I did qualify for the $2000 conquest rebate and with that, the selling price was $35,500. I paid $1380 at signing and have payments of under $450 a month, with tax. So essentially, my residual was lower, my money factor was higher and yet my payments are lower than those they're quoting you. Bottom line, your dealer needs to come down on the selling price. Are you in an area that has other MB dealers?
#1072 of 1650 Re: Guidance/Advice on potential C300 lease [driversedge]
Sep 19, 2011 (2:29 pm)
Yes I am. I actually have three or four other dealers in my area!
#1073 of 1650 Re: Guidance/Advice on potential C300 lease [sonic1002]
Sep 20, 2011 (6:12 pm)
Shop it around. With 2012 models already in showrooms, a dealer should most likely offer you the car at invoice or below. Let me know if I can help you.
#1074 of 1650 Re: Guidance/Advice on potential C300 lease [driversedge]
Sep 21, 2011 (10:18 am)
I want to profusely thank everyone who responded to my initial post on leasing. Completely due to the guidance of those who responded, I was able to negotiate a much better deal. I structured my offer essentially exactly like driversedge posted. I used edmunds.com to come up with a "true" MSRP for my area, versus the more inflated MSRP that the dealer was using. I tinkered around with some of the options on the vehicle as I realized I didn't really need a completely tricked out vehicle. I used the same MF as driversedge, because I don't know what the new one is for September. Does this offer look competitive to y'all?
MSRP 36,332 (true MSRP from edmunds.com)
Base Cap Cost 34,332 (2,000 concession from dealer)
Cap Cost Reductions 4,000 (2,000 downpayment, 2,000 conquest rebate)
Net Cap Cost 30,332
Lease End Residual Value 61%
Money Factor .00109
Term of lease 33 months
Sales tax 9.8%
Monthly payment = $312.21 + 30.60 tax = total payment $342.81