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Mercedes-Benz C-Class Lease Questions

597 messages,  Last post on Nov 21, 2009 at 11:05 AM

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

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#371 of 597 How do I determine money factor on C230? by caduet Dec 01, 2008 (8:42 pm)
My 39 month lease shows depreciation and amortization of $13,666, Rent Charge of $8,911, adjusted capitalized cost $34,561, residual value of $20,896, acquisition fee $1,095. How do I determine the money factor, residual %,etc.?   Also, shat strategy can I use to get a good deal at the end of the lease? Thanks. Replies to this message: kyfdx (Dec 02, 2008 4:17 am) caduet (Dec 02, 2008 5:26 pm) kyfdx (Dec 02, 2008 7:31 pm) and 1 more...
#372 of 597 Re: How do I determine money factor on C230? [caduet] by kyfdx HOST Dec 02, 2008 (4:17 am)
Replying to: caduet (Dec 01, 2008 8:42 pm) Rent charge / term = monthly rent charge of $228   $228 / (cap + residual) = approx. .0041 money factor   Your residual value is a percentage of the MSRP. Once you have the MSRP, it is an easy calculation.   regards, kyfdx Replies to this message: caduet (Dec 02, 2008 5:26 pm) kyfdx (Dec 02, 2008 7:31 pm) caduet (Dec 03, 2008 7:12 am)
#373 of 597 Re: How do I determine money factor on C230? [kyfdx] by caduet Dec 02, 2008 (5:26 pm)
Replying to: kyfdx (Dec 02, 2008 4:17 am) Thanks again. You are a big help and is very appreciated. I am paying $619 a month for 39 months. How does that relate to the $228 rent? Is the rent a customary charge on all leases? The MSRP is $33,466. I think I was bamboozled! What do you think? Replies to this message: kyfdx (Dec 02, 2008 7:31 pm) caduet (Dec 03, 2008 7:12 am)
#374 of 597 C300 Sport 4Matic Lease by jjthecat Dec 02, 2008 (6:36 pm)
Hi, I was going to lease the new A4, but the sales guy changed the numbers on me right before I signed. Anyways, I got a quote for a 2009 C300 4matic sport with P1 and wanted to know if this seemed ok. Zero down just the start ups which was around $1600 (1st month, plate, acquisition fee etc.) and he said with the Chrysler discount, 39months, 12,000 a year, it would be $458 a month. He told me the car's MSRP was around $40,000 and I was getting it far below invoice. Sales guy said every $1000 down would bring it down $30 and that the deal ends at the end of December. Also, I am waiting for a relative to see if he used up all his Chrysler discounts this year and the sales guy said he could "get me one" for $400. I spoke to some people and they said they have paid $100 for someone's "numbers", but $400 was too high. Does this lease sound fair? Should I get a quote from the dealer across town? If this price isn't working, I am going to have to get a CTS, but I would rather get this car. Thank you if anyone has any input and I am located in Michigan if that makes a difference. Replies to this message: smrtdude (Dec 03, 2008 7:51 am)
#375 of 597 Re: How do I determine money factor on C230? [caduet] by kyfdx HOST Dec 02, 2008 (7:31 pm)
Replying to: caduet (Dec 02, 2008 5:26 pm) Well.. $619/mo. doesn't sound like a great lease payment for a $33,466 vehicle.. but, I'm not really familiar with the Mercedes lease programs, so maybe that's as good as it gets..   If it were me, at that price, I'd just buy the car.   But, to answer your question.. the rent charge is the finance portion of the lease payment.. equivalent to interest on a loan. The rest of the payment is depreciation. If your numbers are correct, then the equivalent interest rate on that lease is about 9.8%..   regards, kyfdx Replies to this message: caduet (Dec 03, 2008 7:12 am)
#376 of 597 Re: How do I determine money factor on C230? [kyfdx] by caduet Dec 03, 2008 (7:12 am)
Replying to: kyfdx (Dec 02, 2008 7:31 pm) Thanks. You've made my day!
#377 of 597 Re: C300 Sport 4Matic Lease [jjthecat] by smrtdude Dec 03, 2008 (7:51 am)
Replying to: jjthecat (Dec 02, 2008 6:36 pm) Sounds like an excellent deal. Given that old MSRP is at 39000 for c300 4matic sport + P1, with a residual of 54% and MF of .002, the sale price is around 34,500. That is $3000 below invoice.
#378 of 597 2009 C-300 SPORTS WITH P2 PKG by Jacobie Dec 03, 2008 (9:06 pm)
I JUST GOT A QUOTE FOR A 2009 C300 SPORTS WITH P2 PKG, IPOD, STEEL GRAY,AUTOMATIC,12K MILES/YR FOR $493 or $539/ month INCLUDING TAX WITH 0 DOWN AND 27 MONTHS LEASE.. LET ME KNOW IF THATS A GOOD DEAL OR ANY MORE ROOM TO WORK ON..I LIVE IN THE BAY AREA CA. BTW....THANKS!
#379 of 597 WHATS THE MONEY FACTOR FOR DEC.C-300 by Jacobie Dec 03, 2008 (11:40 pm)
anyone knows the MF for December.?
#380 of 597 Lease Post by jjthecat Dec 09, 2008 (8:44 pm)
Just leased a C300 4 matic sport today. P1, wood trim, iPod. 27 months,6 months free SIRIUS. Zero down just the $1600 start ups including 1st month, new plate etc. $447 a month incl tax. DCX discount. They said the deal is over at the end of Dec. My sales person was excellent. If anyone is in Michigan, go to RH Benz instead of BH. They don't work with you at all and quote too high over at BH.

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