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Prices Paid: Buying & Leasing Experiences Mercedes-Benz C-Class Lease Questions
348 messages, Last post on Aug 21, 2008 at 11:00 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: pkutina (Oct 23, 2007 12:38 pm) I got a quote in NJ at Contemporary (central NJ) for $465/mo. no money down except initial fees, etc. for basic no frills 08 C300. Does that seem right to everyone since others seem so much higher?
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I want to lease a new 2008 300 C-class, but my Fico is 653 equifax, 675 Experian & Transunion. Do you think I can qualify? I make $95K per year and only student loan payments. I make more than enough to make the payments, but not sure if I can qualify... I would appreciate any feedback. MIKE
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Replying to: themike (Oct 26, 2007 4:55 pm) |
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I am in the process of leasing a C350, multimedia, 18" wheels and ipod integration in Texas. The dealer is selling at $750 below MSRP. They are quoting a money factor of .004 for a 39 mo lease with 15,000 miles and a 59% residual. Is anyone else seeing a mf rate like this? Credit score is 800+.
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Replying to: dabnat (Oct 29, 2007 7:31 am)
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Replying to: regencyauto (Oct 29, 2007 8:44 am) Has anyone used an outside lease company to work your own lease and save money? Thanks! |
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Hello: I got the following terms for 2008 C300 luxury edition with navigation package lease with European Delivery Program: 39 months, 12,000 miles, residual 61%, money factor 0.031 0% down, i.e. $1,665 at sign time which includes first month lease. With EDP they also give one month free (for the time they ship the car back from Europe). Monthly payments including taxes $450.00 The dealer is in New England. Is this a good deal in your opinion? Thank you. |
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Reading past posts, it sounds like there is no lease support on the 2008s and the deals are pretty wretched and comparable to or more expensive than deals you can get on an E or 5 series BMW. Money factors quoted have been really high. 7-8%? Are there many left over 2007s left that have heavily supported lease deals? I'm looking for $0 down 36 months 15K miles per year with payments in the $500s or less and without outrageous lease/bank/dealer fees added to the cost. Maybe a 2007 C230 with "medium" level of typical popular options..
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Replying to: jaxs1 (Nov 17, 2007 6:13 pm) Wouldn't expect any good lease deals until the supply-demand imbalance changes. Poor lease deals are also an issue with every new redesign - wait for 6 months or so and then check them out. Good lease deals are offered to move vehicles - don't think Mercedes needs that help right now with C class. The weird thing is that MB is advertising the heck out of their "Great Lease" right now on TV. The devil is in the details - high down, high MF, low mileage, and what are the acquisition and disposition costs? A 0.0031 MF works out to 7.44%. BMW almost always has much better lease deals. They routinely subvent their leases with artificially higher residuals and below market MF.
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Replying to: drtravel (Nov 18, 2007 10:16 pm)
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