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Mercedes-Benz C-Class Lease Questions

598 messages,  Last post on Nov 28, 2009 at 10:43 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#283 of 598
Lease MF/Residuals not too good on C by ghstudio
May 29, 2008 (9:50 am)
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With the 2009 C's going into build, why isn't Mercedes blowing out the 2008's with great lease deals? The lease on the C is pretty unexciting....
#284 of 598
Re: Lease MF/Residuals not too good on C [ghstudio] by whatthehack
May 31, 2008 (5:53 am)
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Replying to: ghstudio (May 29, 2008 9:50 am)

In FL, I still see lot of advertisement of C class with 27 Mon Lease for 399. I think that it is still exciting deal. Can you explain why you think it is unexciting ?
#286 of 598
Re: APlan On C Class. [tommystones] by whatthehack
May 31, 2008 (7:27 am)
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Replying to: tommystones (May 10, 2008 6:04 pm)

Is APlan available to only MB family members ? I do not think that Chrsyler Family members are able to get that benefit anymore. Can you explain the Aplus plan.
#287 of 598
Re: Lease MF/Residuals not too good on C [whatthehack] by ghstudio
May 31, 2008 (11:04 am)
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Replying to: whatthehack (May 31, 2008 5:53 am)

That's $399 with lots of money down in front for 27 months. I don't have the details in front of me, but I'll bet if you divide the down payment by 27months, you'll find that the cost is $399 + $150 or about $550...and then add multimedia and make it and 12K vs 10K miles per year. The real lease price is closer to $650/mo with no money down. That $399 is an advertising price...no relation to the real price. of the car you want to lease.
 
For a $38000 car, that a very unexciting lease. The Mercedes salesman will tell you that the resale on Mercedes cars is incredibly good....but then on a lease, uses a residual value that's less than most every one of it's competitors.....because so few buyers look at the residual value when getting a lease.
 
They also hype low monthly costs with high up front payments....rather than telling you the real cost of the lease...because so few consider the cost up front and figure out the true monthly cost by dividing the up front "capital cost reduction" by the number of months of the lease and then adding that to the quoted lease rate.
 
There's one listing in this thread where someone is gloating over how low their lease price was because they put $8000 down.....which is rediculous both because they didn't think of the $8000 as part of the lease payments...and because it's just bad financially to put any money down up front.
 
#288 of 598
Good or Bad Lease Deal? by joseph9080
May 31, 2008 (6:14 pm)
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Hello everyone:
 
I am new to this site and just leased a C300 luxury, 4matic today without much investigating prior to going into the dealership.
 
The lease is for 27 months with 10,000 miles per year. The list I think is $38,375. Options are pano roof and PI. Payment is $568 including 5% sales tax. $2,000.00 down all inclusive 1st, doc fees, plates small cap cost reduction. I do not have the final price or MF with me to post but hopefully in the morning.
 
Any comments would be greatly appreciated.
#289 of 598
C300 lease deal by ghstudio
Jun 03, 2008 (1:07 pm)
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Replying to: joseph9080 (May 31, 2008 6:14 pm)

Is there a special lease deal on the C300 right now. I've been quoted $585.73 per month for 27 months on a c300w4 P1,MM,IPOD, metalic...msrp $41,150.....no money down in front. I'm not sure how the dealer got there because the rate I've seen is .00260 with 67% residual. Is there a special rate in effect???
#290 of 598
Re: C300 lease deal [ghstudio] by srvlonghorn
Jun 03, 2008 (7:40 pm)
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Replying to: ghstudio (Jun 03, 2008 1:07 pm)

Yes, there is a special lease in effect until the end of July.
 
But the critical item that you left out is the price of the vehicle you would have to pay to buy the vehicle at the end of the 27 months. It should be in the order of $28,800. If it is then I believe that this is a very good deal. Did you get the quote on-line or in person, cause I may want to go this route!
#291 of 598
Re: C300 lease deal [srvlonghorn] by ghstudio
Jun 04, 2008 (3:30 am)
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Replying to: srvlonghorn (Jun 03, 2008 7:40 pm)

I didn't write down the residual value because I don't buy leased cars at the end....I only look at the total cost of the lease. I think they used 67% residual. This was an in person quote.
#292 of 598
Re: new deal [bgates222] by mtech8
Jun 04, 2008 (6:45 pm)
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Replying to: bgates222 (May 11, 2008 11:49 am)

Wow. Sounds like a great deal. What was the residual on the car?
 
Does anyone know what the best way to negotiate & calculate a trade-in. I was planning on negotiating the terms of the lease first. Then mention that I have a trade-in. Is it as simple as taking the difference in pay-off to the trade-in amount and adding it to the capitalized cost?
 
ie: hypothetically 40K MSRP negotiated for 37K. Now adding 5K difference on trade-in. New price is 42K.

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