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
#1201 of 1650 Re: 2012 C300 Sport 4matic 36mo/12k PLEASE HELP ! [rbergmandc]
Dec 02, 2011 (12:19 am)
To really do an apples to apples comparison here is the info you need from each party (broker and dealer).
1) Confirm MSRP: $42,150 (I assume you meant MSRP instead of invoice, because of the quoted sale price from the dealer).
2) Sale Price: ? (to be confirmed by broker)
3) Cap Cost Reduction: confirm it is $0 (by both parties)
4) Total amount due (by line item) at signing: $? (lease acquisition, doc, registration, tax, etc.)
5) Adding maintenance: ? (just confirm)
6) Confirm, money factor or .00142 and residual of 67%
To move things along, if your car is $42,150 sticker, and the dealer is offering you a sale price of $37,888, your monthly payment including tax is:
- about $481 (if you build in the acquisition fee of $795 into the lease payment and pay all other fees upfront)
- about $451 (if you pay the $795 fee upfront, along with the other fees)
No idea how a car broker works. Given how much info is currently available to customers these days, you can educate yourself on how to calculate a lease payment and arm yourself with the good deals others are getting on this forum. All of this... for FREE.
Sounds like your broker has an attitude problem. Your question about ditching her conjures up some entertaining responses... to be honest, if she is not disclosing the sale price of the car, she is hiding her fees. You are right to trust your instincts... up to you to if you want to call her out, just walk away quietly, or walk away after calling her out (maybe you have to walk fast with this option).
Spend a few minutes on this blog and read through the deals others have gotten. For example, I got a similar car, msrp of $42,650 and opted in for the 30,000 maintenance package (added this to the lease). My payments are $412 after tax per month (6.25% tax) and $1700 due upfront (included acquisition fee, first month, dealer documentation, plates, registration, tax on bank fee). If I wanted to pay nothing at signing, I would be paying a monthly payment of $464 including tax. The only thing to note is that I was able to get a $2,000 discount because I was driving a BMW... Mercedes has $2000 incentive for competitor cars.
If you decide to work directly with the dealer, then the price of $478/month including tax (and $795 fee built into the lease) is mathematically correct. The rest of the costs - you can ask for it in writing and then post it on the blog and see if you are getting a fair deal.
Goodluck and let us know how it works out.
#1202 of 1650 Re: 2012 C300 Sport 4matic 36mo/12k PLEASE HELP ! [soupaman]
Dec 02, 2011 (11:49 am)
Turns out my Audi is not due back until mid February and I'm gonna wait until then.
If the programs change that drastically from dec to feb. then so be it and I'll find something else.
Even if I got the MB I would have had to payout the final 2 payments on my Audi.
Therefore, gonna sit back and stop stressing and revisit the situation (probably without a broker) in February
Thanks again for your help. I love edmunds forums!
Happy holidays and see up in Feb!
#1203 of 1650 Re: ... [mlad11]
by Car_man HOST
Dec 08, 2011 (4:47 pm)
Hi mlad11. Mercedes-Benz Financial's current buy rate lease money factor and residual value for a 24-month lease of a 2012 C300 Sedan 4Matic with 7,500 miles per year are .00142 and 74%, respectively for consumers who qualify for its top credit tier.
Prices Paid: Buying & Leasing Experiences Forum
#1204 of 1650 Re: Carman/Kyfdx: MF/Residual for C250 Coupe 3 yr 30k/36 mile lease [cal2000]
by Car_man HOST
Dec 08, 2011 (4:49 pm)
You're welcome cal2000.
Prices Paid: Buying & Leasing Experiences Forum
#1205 of 1650 Quoted for C300 Luxury with Premium Package
Dec 09, 2011 (10:39 am)
Live in NYC. Looking at 2012 C300 Luxury 4matic with Premium 1 package. Was quoted by northern NJ dealer as follows:
$38,333 Sale Price
$1617 Fees Rolled in (Making my last 3 BMW Lease Payments 539 per mo)
30 mo Lease Term
0.00142 Money Factor
8.875 % Sales Tax
10k Miles Per Year
25 cents per mile in excess
$2000 Conquest Cash applied (Current BMW owner)
Using above, offered deal of $425 per month with $3363 Out of Pocket (itemized below)
first month payment- $425.00
motor vehicle fee- $350.00
bank fee- $975.00
prep fee- $395.00
Please let me know what you think, and where I should seek cuts during negotiations. Seems liek the Conquest cash is the big reduction, not dealer reduction. How much more shoudl I be able to get them to reduce theri price. What fees are the suspect one which hide their profit? Thanks.
#1206 of 1650 leased a C300 this week
Dec 09, 2011 (10:49 pm)
2012 C300 4Matic Sport Sedan
Sell price: $41,272
Acq. Fee: $795
Money Factor: .00142 (had to ask for this, they quoted .00170 at first)
Term: 30 months
Money Down: $3,000 (2,175 cap cost plus first month and license fees and cap cost tax)
Doc fees: $0
Base Monthly Fee: $379
Monthly Payment with Tax: $416
How does this compare to what others have received?
#1207 of 1650 C300 December Rates - Car_man
Dec 10, 2011 (11:55 am)
Could you please post the rates on a C300 for:
30 Month and 36 month
12,000 and 15,000 miles
Also can you include any dealer cash available. I believe there is a $2500 conquest credit.
#1208 of 1650 c350 sedan or coupe
Dec 11, 2011 (8:00 pm)
would appreciate if you can post rates for c350 coupe or sedan:
30 months 15k miles annual rate
24 months 15k miles annual rate
thanks in advance,
Dec 14, 2011 (3:17 pm)
I am trying to work a lease deal with a dealership here in Florida on a 2011 C300 Luxury Sedan; Premium I package; 7 speed auto. MSRP is $38,770 including destination. The dealership has provided me with the following lease figures and based on my research, the payments seem high. Can anyone give me their opinion based on experience with leasing this particular vehicle.
Gross Cap Cost: $32,000
Downpayment: $ 1,200
Money Factor: .00159
For 33 months 15k/miles/year, payment would be $451 per month.
For 36 months 15k miles/year, payment would be $531 per month.
#1210 of 1650 Re: 2011 C300 Luxury Sedan [palmbeach1633]
Dec 14, 2011 (5:02 pm)
you have not mentioned the residual of 58% is for 33 months 15k or 36 months 15 k.
i recently leased a C300 2011 . i can give you my figures for you to compare.
sale price : 35133
residual: .63 for 33 month, 12 K miles
with a downpayment of 4K i am paying $227 ( excluding CA state tax)