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Mercedes-Benz C-Class Lease Questions

600 messages,  Last post on Dec 06, 2009 at 6:51 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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#31 of 600
2006 Mercedes C230 lease by lacoast
Mar 05, 2006 (4:30 pm)
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Can you tell me what the money factor is for March on a 2006 C230 sedan. Also, what is the bank fee and residual value? Selling price of $31,049
 
I was quoted 2.8 MF, and $1095 bank fee.
#32 of 600
Re: 2006 Mercedes C230 lease [lacoast] by Car_man HOST
Mar 20, 2006 (3:11 am)
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Replying to: lacoast (Mar 05, 2006 4:30 pm)

Hi lacoast. This car's lease program varies depending upon how long you lease it for and how many miles per year you are allowed to drive it. Mercedes' most attractive lease term is usually 39 months so for now I will provide you with the info for that term and for a lease with the common mileage allowance of 15,000 miles per year. Let me know if you want something different. If you were to lease a 2006 Mercedes-Benz C230 Sedan through Mercedes-Benz Credit right now for 39 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00280 and 59%, respectively. MBC's lease acquisition fee is bad, but it's not as bad as the one that you were quoted. Its base fee is currently only $795. It appears as though the dealer that you are working with is marking up this car's fee to add a little hidden profit to your deal. Make sure to insist that you only pay $795.
 
Car_man
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#33 of 600
MB c230 Lease by msdavis
Apr 12, 2006 (5:19 pm)
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Dear car guy, Thanks for the help on my vw and my family members vw's. A good friend of mine is intrested in leaseing a mb c230 for 27 or 39 months and we were able to obtain the residuals but unable to confirm that 795 is the acc fee. Every dealer is quoting some variation form 895-1095. What I am also intrested is knowing the base money factors for those terms of 27 and 39 months. Thanks So much. Also is there any manufacturers cash that is combindable with the mb financial special lease?
#34 of 600
Not exactly a leasing question by puppykicker
Apr 28, 2006 (9:58 am)
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My question is about financing a new car purchase (C280) through MB-Credit, through a dealer in the DC area. I know that during April MB is offering 1.9% for up to 36-months, and 2.9% for 48-months, on new C-class purchases. I brought this up with my salesman, who pretended to act as if this was news to him (over three weeks into the month). He "found" the same information once he looked, however. He said that this was the rate the dealership got the money at, but that I would pay a markup (on 36-months) to somewhere between 3.0% and 4.0%, but that this was still a good rate.
 
My previous (all non-MB) purchases have been cash, so I don't have experience with manufacturer/dealer financing. Is it customary for dealers to do this sort of thing? Or just with those people that let them get away with it? Or, do I say that I expect the interest rate being offered and promoted by the manufacturer, period? (We haven't talked price yet, but I know this dealership is usually not particularly competitive. It's just the closest to my home, and I don't have the time or energy for a whole lot of shopping around.)
 
I didn't discuss leasing with the guy, but a lease could be appealing, given decent terms. Does this 1.9% rate on new C-class purchases imply that the money factor would be around 0.000792? That is, do leasing interest rates reflect promotional interest rates on new car purchases?
 
Thank you all very much.
#35 of 600
2006 Mercedes Benz C230 Lease question by rickshak
Apr 29, 2006 (6:54 pm)
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Dear Car Guy-
 
Can you please tell me if this looks good?
MSRP $35435
Selling price: 32,200 (could be a bit more)
39 month lease
15000 miles/year
FEES:
1st payment 414.17
Acquis- $795
Doc Fee- $150
Plates- $322
Something else- $7.50 (cant read the writing)
 
Total cash downpayment- $3500 leaving a $1811.33 cap reduction..
 
PAYMENT: $414.17
 
I did not recall the residual or the lease rate on this and I'm feeling vulnerable as a result. It sounds like a good deal but I would like some verification please. Thanks a million
#36 of 600
Lease on a C230 by mkundranda
May 02, 2006 (3:23 pm)
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dear car guy;
Could you please take a look at this and tell me if i have a good deal on this lease.
C230,Black,Manual trans,sunroof package and heated fron seats.
39 month lease,15000 miles/yr. Rate is 0.0028 and mnthly payment 465/month, no down payment(only the first month payment,title and tags 1500$)
Thanks a ton
#37 of 600
Re: Lease on a C230 [mkundranda] by schulhof
May 03, 2006 (3:20 pm)
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Replying to: mkundranda (May 02, 2006 3:23 pm)

I got mine in February.
 
C230 with Auto trans., sunroof package, Granite Grey
 
39 month lease, I think 12k miles a year. I gave them $2500 and have $417 payments.
 
Hope this helps.
#38 of 600
tax and tags by doug30
May 06, 2006 (5:58 am)
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hello car man ,just wanted to tell you that this is the best site ever and i appreciate your help and advice. car buying is a hassle you go in stress free and come out stressed out,but you have made it a lot easiear and fun thanks again.
 
here is my question .
i live in maryland am looking to lease a car,i already read all the great advice you have given everyone ,i am just cofused on the down payment part ,i know zero down is what you advice ,does that include taxes and tags. thats all.thanks again in advance
#39 of 600
C280 4Matic 27 month lease by prl
May 13, 2006 (9:01 pm)
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Car man,
 
Would appreciate some advice. I live in northern NJ, so I have been to several dealers. Two dealers had a car in stock that i was interested in and got the following numbers:
 
2006 C280W4
Black/Black
C1: Lighting Package
C3: Sunroof Package
Power Driver's Seat and Steering Collum
CD Changer
Folding Rear Seat
 
MSRP: $39,415
 
They want $539/mo for 27 months with 15,000 miles per year and about $1,800 in inception fees, with no cap cost reduction. There is also the typical $595 turn in fee at the end of the lease.
 
The other dealership offered $571 a month for the almost the same car except it was Pewter which causes the MSRP to go up slighty for the metallic paint. Also similar inception fees and no cap cost reduction. He said he was already selling the car for ony $500 over invoice. When I called back to tell him that I would probably go with the Black one, he said what if we can match it. I said I'd be in touch becuase I like black better anyway.
 
This would be my first experience leasing a car since I'm in college, and I'm hesitant to do this since my car is in perfect shape now and I have $0 per month expense on that. I would appreciate any insight you might have!
#40 of 600
C280 Lease Information by txbelle
Jun 11, 2006 (4:21 pm)
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Can you please post the 27 and 36 mos 10k/year, money factor and residual values for the 2006 C280 for June?

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