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Prices Paid: Buying & Leasing Experiences Mercedes-Benz C-Class Lease Questions
594 messages, Last post on Nov 04, 2009 at 7:50 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: whatthehack (May 31, 2008 5:53 am) 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. |
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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. |
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Replying to: joseph9080 (May 31, 2008 6:14 pm)
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Replying to: ghstudio (Jun 03, 2008 1:07 pm) 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! 
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Replying to: srvlonghorn (Jun 03, 2008 7:40 pm) |
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Replying to: bgates222 (May 11, 2008 11:49 am) 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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Replying to: ghstudio (Jun 03, 2008 1:07 pm) Would simply need to know the cap cost/selling price to determine whether it's a good deal or not. |
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Replying to: blov8r (Apr 06, 2008 7:43 am) This is the first time I have ever made a post on any forums as I am more of a overseer to these site who likes to keep his pulse on the car market. Long story short own an E46 M3 had a deposit on the new E92 M3 but wasn't going to order a car that I wanted to lease and be committed to those leasing programs in the month it was delivered when only God knows when that would be. Not to mention dealership was marking up the money factor. Anyways drove past a Northern NJ MB dealership and I saw a Mars Red C63 AMG. Decided to take a look at it knowing how it be cheaper and compaitible to the E92 M3. Sat and started it up! Very impressed. Went inside to talk the numbers with him on a lease as I already knew the Residuals and Money factors but since I was trading in my M3 I wanted to see realistically what a deal would look like. I told him to give me the numbers with 5K down and he comes back to me with for 39 months 5K Cap Cost $1712 a month!!!!! I almost hit the ceiling. It was then when the guy told me there was a $20K mark up on the car. I laugh and got up walked out. Anyone who gives them a $1 over MSRP for that car needs to have there heads examined. Good job MB you finally engineer a car which can compete with the M3. Then you price it to compete with the M3, instead your dealerships are turning possible first time MB buyers like myself into a lifetime BMW guy.
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Replying to: forsbrg316 (Jun 06, 2008 9:17 am) The dealer you are working with is fundamentally scum....they will rip you off on the sell side and then rake you over the coals on the service side....and they could probably care less if you ever come back to buy another car. Don't damn all Mercedes dealers because of one bad apple. Our local dealer really focuses on developing a relationship and treats folks fairly all the way thru the deal....although they are not the cheapest dealer in the area.
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Replying to: forsbrg316 (Jun 06, 2008 9:17 am) |
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