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Mercedes-Benz C-Class Lease Questions

599 messages,  Last post on Dec 02, 2009 at 7:59 AM

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

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#348 of 599 No buying after lease period ends by shyamy Aug 21, 2008 (10:00 am)
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! Replies to this message: soccerandlost (Sep 04, 2008 1:38 pm) gforce11 (Sep 13, 2008 4:41 pm)
#349 of 599 Re: No buying after lease period ends [shyamy] by soccerandlost Sep 04, 2008 (1:38 pm)
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 599 Re: No buying after lease period ends [shyamy] by gforce11 Sep 13, 2008 (4:41 pm)
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 599 Leasing Mercedes C300 question by kyisha17 Sep 21, 2008 (5:15 pm)
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 599 Is this a good deal? by davidm123 Sep 27, 2008 (8:57 pm)
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! Replies to this message: ab219 (Sep 28, 2008 1:50 pm) eights38 (Sep 28, 2008 3:19 pm) ab219 (Sep 28, 2008 5:46 pm) and 1 more... soccerandlost (Sep 28, 2008 8:19 pm)
#353 of 599 Re: Is this a good deal? [davidm123] by ab219 Sep 28, 2008 (1:50 pm)
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? Replies to this message: eights38 (Sep 28, 2008 3:19 pm) ab219 (Sep 28, 2008 5:46 pm) alwaysarookie (Oct 23, 2008 8:49 am)
#354 of 599 Re: Is this a good deal? [ab219] by eights38 Sep 28, 2008 (3:19 pm)
Replying to: ab219 (Sep 28, 2008 1:50 pm) ab219 - What dealer are you working with?   Matt eights38gmail.com Replies to this message: ab219 (Sep 28, 2008 5:46 pm) alwaysarookie (Oct 23, 2008 8:49 am)
#355 of 599 Re: Is this a good deal? [eights38] by ab219 Sep 28, 2008 (5:46 pm)
Replying to: eights38 (Sep 28, 2008 3:19 pm) Matt - I went to Morristown and Bridgewater in NJ - Millenium. Replies to this message: alwaysarookie (Oct 23, 2008 8:49 am)
#356 of 599 Re: Is this a good deal? [davidm123] by soccerandlost Sep 28, 2008 (8:19 pm)
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".
#357 of 599 Lease buy back option by halcut Oct 13, 2008 (7:58 am)
Hi guys,   I was wondering if all you experts can help and share your thoughts on this for me...would really appreciate it.   I have a Benz 2005 c230 kompressor on a 3 yr lease with Ray Catena, NJ which expires on Nov 2008.   My buy out option price reads 21.5k including taxes, my Benz has only 25,000 miles used on it and is very well taken care off...what are your suggestions - should I buy my Benz out.. interest rate on the buy out option is pretty high at 7.1 apr????? Also do you think I can negotiate the price and the interest rate? With the economy so bad and the state of the auto industry, I was thinking I should be getting better deal than this. What are your thoughts?   Any help would be greatly appreciated. Thanks in advance. Replies to this message: cneff (Oct 27, 2008 7:08 pm)

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