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Mercedes-Benz C-Class Lease Questions

1655 messages,  Last post on May 23, 2013 at 4:02 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

Messages Page 132 of 166

#1305 of 1655 Purchase Update by peterrs4

Apr 08, 2012 (12:25 pm)

Wanted to update here with the deal I got.
 
I was working with 6 dealers in my area (3 weeks total). Came down to 2. Nobody had the car optioned like I wanted, so they had to get it from out of state. The 2 dealers were both "selling" me the same car, even the they didn't know it, and didn't have it on the lot. Both were going to dealer trade for it.
 
When I first started looking, I was at an MSRP of $46,900, and the first quotes on 15K and 33 months were at $780/month. I knew I could do way better.
 
What I leased:
 
2012 C300 4 Matic
MSRP - $48,460
Sale Price - $43599.87
Total Money Down (Includes 1st payment) - $840
33 months - 15K miles per year
Monthly Payment - $650
3 Year Maintenance Included
Winter Floor Mats Included
 
The car is:
Black/Black
Multimedia (Nav, Reverse Cam, etc)
Keyless Go
Pano Roof
Roof and Trunk Spoilers
18" AMG Wheels
Illumniated Door Sills
Wheel Locks
 
The car has pretty much every option except the lighting and the lane assist, and I think I got an outstanding deal. They gave me the customer advocacy program, which after some googling, turns out to be the VIP, or employee pricing or whatever.
 
I've got a family member in a different state who works at a Benz dealer, he couldn't touch this deal, and the other dealer I was working with on the same exact car would only go down to $720/month with no maintenance plan. I guess I purchased this car with $0 profit for the dealer (what my family member says)...they simply wanted to move the unit as it was the end of the month.

#1306 of 1655 Re: final offer [melissaflorida] by autoboy19

Apr 09, 2012 (9:12 am)

Replying to: melissaflorida (Apr 07, 2012 10:54 am)
The discount looks good. Does it include the $1,000 loyalty rebate?
 
It seems there are about $1,500 in added costs. You should find out what those are.
 
I assume $1,095 of that is acquisition fee, which you could try negoitiating down to $795 or at least down to $895.
 
Money factor is marked up slightly. Not sure if that is a credit issue, or simply the finance guy adding some profit. Base money factor is .00190.
 
Also, the 4 payment waiver is a benefit provided by Mercedes Benz Financial, and does not cost the dealer anything, so that should not be considered a "discount" by the dealer.
 
A decent deal as it stands now though.

#1307 of 1655 Re: final offer [autoboy19] by melissaflorida

Apr 09, 2012 (9:00 am)

Replying to: autoboy19 (Apr 09, 2012 9:12 am)
Thanks for your reply.
 
It does include the $1000.00 loyalty rebate. I told him I was thinking about a BMW since it included maintenance and he threw in the 3 yr plan at no extra charge to my monthly payment. The money factor shouldn't be marked up we have excellent credit.

#1309 of 1655 Re: final offer [melissaflorida] by melissaflorida

Apr 09, 2012 (9:38 am)

Replying to: melissaflorida (Apr 09, 2012 9:00 am)
Here is the breakdown
 
$38500 MSRP  Dealer Invoice $36,566
 
$33,550 Initial cap
 
$36,013.99 Adjusted cap cost  includes Bank Fee$1095  Dealer Fee $599.99 Maintenance $769
 
$24,739.47 Residual Value  includes Maintenance (can be residualized)
 
.00210 money factor
 
$497.38 Tax included
 
$744.20 1st and tags due at start
 
33 months 15,000 miles year  window tint included
 

#1310 of 1655 Re: final offer [melissaflorida] by autoboy19

Apr 09, 2012 (5:06 pm)

Replying to: melissaflorida (Apr 09, 2012 9:38 am)
Deal looks good.
 
Sales price is excellent, assuming they did not apply any incentives beyond the $1,000 owner loyalty.
 
Only 2 areas where this can be improved.
 
1) Money factor should be .00190 not .00210
 
2) Base Acqusition fee should be $795 instead of $1,095
 
Given such a good sale price, they might be unwilling to budge on the above two. Making these two improvements would lower the monthly payment roughly $25 per month.
 
However, if you are happy with the car and the current payment, I would say go for it.

#1311 of 1655 Re: final offer [autoboy19] by melissaflorida

Apr 09, 2012 (5:20 pm)

Replying to: autoboy19 (Apr 09, 2012 5:06 pm)
Boy you are spot on. Wouldn't budge on either one. I am fine with the current payment I'm over the haggling. Felt better getting the prepaid maintenance thrown in.
 
Picking it up tomorrow.
 
Thanks!

#1312 of 1655 Re: Purchase Update [peterrs4] by kainnyc

Apr 10, 2012 (9:10 pm)

Replying to: peterrs4 (Apr 08, 2012 12:25 pm)
I hope n pray u didnt buy it! I had a higher price point and had a better offer a year ago! No disrespect think u guys r great at this but u have to push fight and push! Every car at 44k -47k should get a lease around 525-560mo. O $ across board 15 k miles anything more they r definetly making money. Go in dec1 and save and extra 20-80 mo.

#1313 of 1655 Re: final offer [melissaflorida] by kainnyc

Apr 10, 2012 (9:17 pm)

Replying to: melissaflorida (Apr 09, 2012 5:20 pm)
You can get a 2013 gs now for 740mo 10k miles, 0$ across board n work it further! So 650 for a c250 noooo way62k $ lexus vs.c250. 40k$ not even close! Matter a fact one your in the 700-900 range u can get a e class! We have to know our numbers friends most these numbers r without negotiations so......! I want less u know hitme up ill tell u if u need some help... I dont want to see u guys leasing cars at prices of cars at 1 and 2 levels higher!

#1314 of 1655 Re: HOW IS THIS DEAL? [leaseseeker] by kainnyc

Apr 10, 2012 (9:21 pm)

Replying to: leaseseeker (Mar 28, 2012 2:25 pm)
Not bad i would push to keep it under 499$ and upgrade, add mats, and go 15kmiles others pretty good

Messages Page 132 of 166

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