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Mercedes-Benz C-Class Lease Questions

1672 messages,  Last post on Jun 19, 2013 at 9:33 AM

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

Messages Page 134 of 168

#1328 of 1672 Re: Feedback on this lease deal [kevlarvest] by Car_man HOST

May 02, 2012 (4:11 pm)

Replying to: kevlarvest (Apr 26, 2012 8:47 am)
Hi kevlarvest. Have you finalized this deal yet? I ask because I heard that Mercedes significantly enhanced its lease offer on the 2012 C300 Sedan for May, by $40 to $50 per month. MB Finance's new special lease money factor for this car is .00092 for consumers who qualify for its top credit tier.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#1329 of 1672 Re: Feedback on this lease deal [Car_man] by kevlarvest

May 02, 2012 (4:31 pm)

Replying to: Car_man (May 02, 2012 4:11 pm)
I unfortunately did close the deal on the last day of April, after waiting for feedback here.. sure did look real solid, and never could I have imagined a money factor of 0.00092 becoming available. I incorrectly stated in my last post the money factor offered to be 0.017, it's 0.0017 obviously. from all accounts of previous posts here, sounded like I couldn't have done much better.
 
In fairness, all parts of the deal were good-looking (66% residual and 0.0017 by itself is good and I got a pretty good rebate on the selling price, based on KBB and edmunds guidance; shaking them down for an extra $800 at the end, 2 hours past their closing time) . The other neat part about the deal was that they treated my 7-month early lease return as a trade-in; thereby reducing the amount of ST I was on the hook for by ~2000; which swung the payment by about $60.
 
But to know that I could've done a whole bunch better will now bug me, atleast for a bit..:-| I hope you're wrong for my sanity sake.

#1330 of 1672 Re: Feedback on this lease deal [kevlarvest] by kevlarvest

May 02, 2012 (6:31 pm)

Replying to: kevlarvest (May 02, 2012 4:31 pm)
to clarify, it was a variation of the deal above; not the same exact deal. Same monthly payment for more car (45600 MSRP, no down)

#1331 of 1672 Re: Feedback on this lease deal [Car_man] by cal2000

May 03, 2012 (7:24 am)

Replying to: Car_man (May 02, 2012 4:11 pm)
Hello Car_man,
 
Has any enhancement done by MBUSA for C250 coupes?
Thanks!

#1332 of 1672 Re: Feedback on this lease deal [Car_man] by aquanaut

May 07, 2012 (6:04 am)

Replying to: Car_man (May 02, 2012 4:11 pm)
Hi Car man,
 
What is the risidual and money factor on for May lease on the C300 4Matic Sport for 33 months.
 
I was going to get an audi A4, but after I test drove it, I changed my mind.

#1333 of 1672 May 2012 C250 sport sedan lease info by bigdomer94

May 07, 2012 (9:00 am)

Car Man,
 
Would you please confirm residual and MF for May for the C250 sport sedan? I believe that the residual is 64% for 33 months - 27,500 miles (10k/year), but not sure about the buy rate on the money factor. Also, please confirm residual assuming 12k miles/year.
 
Thanks in advance.

#1334 of 1672 Help for the confusing Money Factor by cal_newbie

May 07, 2012 (6:41 pm)

Hi, All, a newbie asking for help, any input would be much appreciated.
my situation: leased a 2008 mb CLK350 coupe, less than 4yrs ago, through a friend at a dealership, MSRP around $52k, 48 mo. lease, total 2k down drive off, 12k miles/yr. 47 payments of $430/mo, tax included. I got it right before they discontinued CLK350, was told that i got a huge discount, so it's a good deal.
Fast forward, 5 payments left on this car, wanna change to a 2012 C250 sedan, but the friend's gone, have to find a new dealership by myself. I don't expect the same kind of good deal, but I expect less downpayment and about same or even less monthly payment.
Went to a new dealership, played hard ball back and forth, eventually, they agreed to take back the clk, put me in this c250 sedan, MSRP $45290, but it's $1400 to drive off, 33mo. lease, 10k miles/yr., and 32 payments of $460 tax included. They say no more room for negotiation, that's it. They even show me the screen, saying they took a loss, which i highly doubt it. Anyway, the number that I remembered on the computer screen is a residual value 64%, and a money factor of 0.00073, or maybe only two zeros? They say they can't do anything about those two numbers, it's set by the bank. Is that really??
Anyway, one thing i know for sure, is that my monthly payment is up for a car with less msrp. To make things even more complicated, they put me on a 2yr service plan, which is $10 per month. All in all, my monthly payment ends up a little over $470.
When I got home, I googled money factor, and found this forum and a online calculator, When I put the numbers from my lease into the calculator, it gives me a whopping 3.7%APR. Now I'm totally confused. Did i just make a bad deal? My brother told me when he leased his ford sedan during a promotion, he got APR less than 1%. Maybe I'm comparing apple to orange here.
 
Anyone can explain the situation here? I put as much info as possible about my lease here, hopefully some experts here can give some inside analysis. Thanks in advance.
C250 Sedan with P1, lighting, multimedia, sport sedan, keyless, etc. sticker price $45290.
agreed value $39102.7
gross capitalized cost $40616.7
capitalized cost reduction $476.41
adjusted capitalized cost $40140.29
residual value 29381.76
Depreciation amortized amounts 10758.53
Rent Charge $3510.34
Total base monthly payment 14268.87
Lease payment 33
Base Monthly Pament 432.39
Sales tax 37.83
Total monthly 470.22
Mileage allowance $27500, acquisition fee $895, charge for maintenance agreement $619
amount due at signing $1400.

#1335 of 1672 Good Deal ?? by ccc23

May 08, 2012 (2:18 pm)

Hi
 
I'm wondering if the following is a good deal for a C300
 
Premium 1 and Mulitmedia; $44,510 MSRP
 
$2,200 fees, taxes, registration all in to drive out the door, including first lease payment
 
$425/month including taxes
 
What do you think?
 
Sorry, I should add 33 months and 12,000 miles.

#1336 of 1672 Re: Feedback on this lease deal [cal2000] by Car_man HOST

May 08, 2012 (5:57 pm)

Replying to: cal2000 (May 03, 2012 7:24 am)
Hello cal2000. Unfortunately, Mercedes still isn't providing any lease support on C350 Coupes in May.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1337 of 1672 Re: Feedback on this lease deal [aquanaut] by Car_man HOST

May 08, 2012 (6:01 pm)

Replying to: aquanaut (May 07, 2012 6:04 am)
Hi aquanaut. According to the latest information that I have seen, Mercedes-Benz Financial's May buy rate lease money factor and residual value for a 33-month lease of a 2012 C300 4Matic with 15,000 miles per year are .00092 and 61%, respectively for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

Messages Page 134 of 168

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