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Mercedes-Benz C-Class Lease Questions

1650 messages,  Last post on May 15, 2013 at 1:00 PM

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

Messages Page 115 of 165

#1140 of 1650 2012 Mercedes C 300 4 dr luxury - lease by oddsr

Nov 18, 2011 (9:48 pm)

Hello
I would really appreciate some advice as I am new to the lease process.
 
Good deal or bad - if bad, what areas should I try to negotiate to save $
 
C300, 4matic, 4 dr, luxury sedan, non metallic, nav- one disk, P1, rear camera
 
MSRP - $43,195 (incl. dest)
my price - $38,133.50
MF - .00156
Residual - 73%
10k mi/yr
24 months
monthly payment - $380 (incl. tax- PA)
 
Have $2000 conquest rebate and $2500 at signing which includes bank fees, first month, etc (?), and a portion to lower my monthly payment.
I guess one bottom line is - what are the fees that are included in the $2500 and how much of it is leftover to offset my payments? Been waiting for the breakdown from the dealer for 2 days and will be calling again tomorrow to get the exact figures (I hope). I would like to be better educated as to what fees should be included and what would be a reasonable amount for each fee so I can better understand what he's telling me and where I may be overcharged. Also, the choice to add some extra money at signing was mine but after reading some discussions in the forum I am thinking maybe I should reconsider doing that for a lease.
 
I can't seem to come up with the same numbers as the dealer so I guess I am missing something here and would appreciate any advice/info. Thanks

#1141 of 1650 2012 C250 Coupe Lease by fourizonly007

Nov 19, 2011 (6:46 pm)

Got this deal today on a 2012 C Coupe w/MSRP $39,795 includes Sirius, Command, iPod
 
MSRP $39,795.00
Gross Cap Cost $33,816.00
24 months/24k
Monthly Payment: $370 (includes CA tax)
Drive off - $766.48
 
36 month/36k was $388 (includes CA tax), but I opted for 24 month. Dealer made 4 payments on the existing CLK350 lease.

#1142 of 1650 Mercedes C250 Coupe and Sedan by osvpi

Nov 20, 2011 (10:09 am)

Car Man,
Please provide me with the residual value and the money factor for both the C250 Coupe and C250 Sedan, for 36 months and 10,000 miles per year.
Also, are there any incentives? How does the conquest incentive work?
I live in South Florida
Thanks.
Ozzie

#1143 of 1650 c250 2012 Sport Sedan by jearx

Nov 21, 2011 (2:08 am)

Msrp $41,391
 
I have a 2010 ml350 on lease, and they are willing to take up the remaining 12 payments.
 
I have not gotten a quote yet, but want to be prepared.
 
Need Residuals , & Money Factor as well.
 
Looking for a 24k/24 mo , 30k/30mo, 36k/36mo with 0 Down.
 
Thanks in advance for the time and help.
 
J

#1144 of 1650 2012 C300 4Matic Sport Sedan - Deal Completed!!! by soupaman

Nov 21, 2011 (11:51 am)

Hi everyone,
 
Thanks everyone for sharing your deal info/experience. It was helpful for me to use the info from your posts to finalize a deal on my 2012 C300 4Matic Sport Sedan. Here are the details of my deal, to return the favor.
 
1) MSRP: $43,445 [Black exterior ($0), Black MB Tex ($0), P1 Package ($2,500), Command Package ($930), Burl Wood ($325), Destination ($875), 3yr Maintenance ($795), Winter mats included for "free"]
 
2) Sale price (cap cost): Qualified for Conquest of $2,000 (have BMW). Sale price is $37,795 ($37,000 for the car plus $795 for maintenance plan). Mercedes allows customers to capitalize the maintenance costs, so it works out to about $10 to $12 a month. This results in a net maintenance cost of ~$360 for the term of the lease, so, one is not paying $795.
 
3) Upfront/Drive-off fees: $1702 (First month, acquisition fee of $795, tax, title, registration, doc fee of $318).
 
4) Lease Terms
 - $0 cap cost reduction
 - 36 months / 12k miles per year
 - Money Factor: .00132 (includes discount of .0001 for auto-pay)
 - Did not opt for MSD (multiple security deposits)
 - Residual: 62%
 - Lease disposition fee of $595 (to be paid at lease termination)
- Monthly payment $387.51 pre-tax, $411.73 including tax

Dealer info: Mercedes Benz of Boston (Somerville, MA). Too bad I can't share sales person's info, he was an absolute pleasure to deal with. He had some funny stories about moonlighting as a bartender! I was also impressed by how open and honest the dealership was with me. There was zero resistance when I asked for information and they were extremely direct, in terms of negotiating the deal last week. They were flexible in allowing me to postpone the delivery of the car until the end of the month - as long as I paid the upfronts first.
 
Can't wait to pick up the car next week! The Harman Kardon sound system is ridiculously good!

#1145 of 1650 Re: 2012 Mercedes C 300 4 dr luxury - lease [oddsr] by soupaman

Nov 21, 2011 (12:09 pm)

Replying to: oddsr (Nov 18, 2011 9:48 pm)
Hi oddsr,
 
Seems like you are getting a good deal, but something in your numbers seem to be off. I would recommend that you get the detailed breakdown of the $2,500 as you mentioned.
 
I ran your numbers ($43,195 MSRP, $39,133.50 Sale Price, .00156, 73%, 24mos) and get a monthly payment of ~$427 (before tax).
 
If you put $1,500 as a down payment towards the lease, you will lower your payment to ~$362 (before tax).
 
If you have extra cash, would suggest that you look into putting the money into multiple security deposits, instead of a down payment. You can lower your money factor by as much as .00049 (max reduction) - could be roughly $30 in savings per month. You can find more info on how to do this from other posts.
 
In terms of lease inception fees ($1600 to $1900 rough total):
 - $795 bank acquisition fee (some dealers mark it up to $995).
 - $289 dealer doc fees
 - $123 registration, plates, etc
 - $5 title prep
 - $49 - tax on bank fee
 - $x for first month payment
 
Goodluck!

#1146 of 1650 Re: 2012 C250 Coupe Lease [fourizonly007] by dl_amg

Nov 21, 2011 (4:39 pm)

Replying to: fourizonly007 (Nov 19, 2011 6:46 pm)
Wow, that's great number. Which CA dealer you are dealing? Someone just total my 03 C32AMG and I need a car soon.

#1147 of 1650 MB lease to get out of negative by shackalackal

Nov 21, 2011 (7:56 pm)

I have a 2010 Ram that I owe 32k on and is worth about 20k. I'm looking at getting a C300 under the current lease specials. I am eligible for a 2K USAA discount and my only real concern is trying to stay under my current $620/mo payment with minimal down. Am I nuts or is this possible? I'd really appreciate any help anyone could offer. I'm military and I'd really like to be able to walk away from this negative equity towards the end of my enlistment which coinsides nicely with a 3 year lease. Thanks!

#1148 of 1650 Re: 2012 Mercedes C 300 4 dr luxury - lease [soupaman] by oddsr

Nov 21, 2011 (11:30 pm)

Replying to: soupaman (Nov 21, 2011 12:09 pm)
Thanks for the reply soupaman.
Called the dealer and got a (somewhat better) breakdown and more numbers.
The sales price is actually $38,133 (incl. conquest). Invoice is $40,933
The $2500 at signing breaks down:
$995 - acquisition fee (incl. gap insurance)
$125 - doc. fee
$89.55 - Sales tax (am guessing that is on the $995???)
$94.90 - registration, tags (I think)
$380 - 1st month
$815 - down - cap cost reduct. I chose to lower payment
 
If I don't put out the $815 my payment will be $417 a month instead of $380 and I guess a small reduction involved with the tax on it. Also using auto pay will reduce it a bit.
The dealer seemed a little unsure about msd's and finally said that because of the low rate I am getting I can't do msd's. I assume he meant the money factor maybe combined with a fairly high residual but why would there be a restriction on it?
Do these numbers still make it sound like a decent deal? Thanks again.

#1149 of 1650 Re: 2012 Mercedes C 300 4 dr luxury - lease [soupaman] by jdls1

Nov 22, 2011 (6:49 am)

Replying to: soupaman (Nov 21, 2011 12:09 pm)
Soupaman,
 
I am new to leasing and am trying to figure out a monthly payment,
I ran the numbers you provided($39,133.5 Sale price, .00156, 73% 24 mos) Your saying the payment should be $427 (Before tax),
 
but I am getting $440 before the money factor, and taxes.
 
What formula are you using to calculate the monthly payment?
 
Thanks

Messages Page 115 of 165

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