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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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#347 of 598
Base C300 w. auto Lease by jas121
Aug 20, 2008 (7:44 pm)
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First off, thanks to everyone. The info I've received from this board makes the dealer negotiation so much better.
 
I am looking to lease a 09 C300 base model .. only addition is automatic trans. The sticker is around 33k. I am negotiation a selling price of 29895 for a 24mo lease w/ 12k mi/yr. Because I am upside down in my trade-in I will be putting down $750 cap cost reduction (1250 going to pay off my trade ). Trying to get a payment around 450/mo after tax (6.5%).
 
The dealer said he was close .... was wondering if this seems do-able or is the dealer just trying to get me to come back. Additionally was wondering if the 24mo lease is in fact the best deal.
Thanks!!
#348 of 598
No buying after lease period ends by shyamy
Aug 21, 2008 (10:00 am)
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Hi guys,
Am a total newbie here and trying to absorb all the lease jargon.
Had a quick question - the residual value seems to be a hot topic but if I dont intend to buy the car after the lease period ends, do I even need to worry about it? does it have any other implication?
 
Apologise if I'm repeating this question. Appreciate any responses. thanks!
#349 of 598
Re: No buying after lease period ends [shyamy] by soccerandlost
Sep 04, 2008 (1:38 pm)
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Replying to: shyamy (Aug 21, 2008 10:00 am)

Yes, Shyamy. It has a very significant consequence. Assuming the same money factor (ie, interest payment), the higher the residual value, the lower your payment. The reason being that you are essentially financing the depreciation in the value of the car. So the less depreciation, the better your deal.
#350 of 598
Re: No buying after lease period ends [shyamy] by gforce11
Sep 13, 2008 (4:41 pm)
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Replying to: shyamy (Aug 21, 2008 10:00 am)

As soccerandlost states, you finance the depreciation. So you need to focus on getting the lowest sale price and find a car with the highest residual value for the term you wish to lease. That will ensure your payments are lower than those who don't bother to negotiate the sale price and/or find a car with high residual value.
 
G
#351 of 598
Leasing Mercedes C300 question by kyisha17
Sep 21, 2008 (5:15 pm)
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I currently own an 07 Camry. I am upside down about 2000 -2500. I want to lease an 08 or an 09 base model automatic C300, approximate price is 33,000. I am hoping to get my payment UNDER 500. Do you think that is possible. I went to a dealer today and he said he'd try, that it might work. I just want to know if I'm even in the right ball park. Please help. Thank you.
#352 of 598
Is this a good deal? by davidm123
Sep 27, 2008 (8:57 pm)
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Hello all,
 
I received the following offer from a local dealer. I have not yet obtained the actual selling price, MF or residual, but these are the hard numbers.
 
C300 Sport, Automatic, MSRP 34900
36 month lease, 12K miles
$650 total down (includes 1st month payment, fees, taxes, etc..)
$459 a month (includes taxes, which are quite high here)
 
Is this a "good" deal?
 
Thanks!
#353 of 598
Re: Is this a good deal? [davidm123] by ab219
Sep 28, 2008 (1:50 pm)
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Replying to: davidm123 (Sep 27, 2008 8:57 pm)

To me, it looks like an excellent deal. I live in NJ and was offered 3500 down and $459 per month for a C300 sport with automatic. Which state are you in?
#354 of 598
Re: Is this a good deal? [ab219] by eights38
Sep 28, 2008 (3:19 pm)
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Replying to: ab219 (Sep 28, 2008 1:50 pm)

ab219 - What dealer are you working with?
 
Matt
eights38gmail.com
#355 of 598
Re: Is this a good deal? [eights38] by ab219
Sep 28, 2008 (5:46 pm)
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Replying to: eights38 (Sep 28, 2008 3:19 pm)

Matt - I went to Morristown and Bridgewater in NJ - Millenium.
#356 of 598
Re: Is this a good deal? [davidm123] by soccerandlost
Sep 28, 2008 (8:19 pm)
Reply

Replying to: davidm123 (Sep 27, 2008 8:57 pm)

I could probably extrapolate to some ballpark degree, but you really need to know your cap cost, money factor, and residual rate to determine if it's a "good deal".

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