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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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#373 of 598
Re: How do I determine money factor on C230? [kyfdx] by caduet
Dec 02, 2008 (5:26 pm)
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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?
#374 of 598
C300 Sport 4Matic Lease by jjthecat
Dec 02, 2008 (6:36 pm)
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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.
#375 of 598
Re: How do I determine money factor on C230? [caduet] by kyfdx HOST
Dec 02, 2008 (7:31 pm)
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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
#376 of 598
Re: How do I determine money factor on C230? [kyfdx] by caduet
Dec 03, 2008 (7:12 am)
Reply

Replying to: kyfdx (Dec 02, 2008 7:31 pm)

Thanks. You've made my day!
#377 of 598
Re: C300 Sport 4Matic Lease [jjthecat] by smrtdude
Dec 03, 2008 (7:51 am)
Reply

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 598
2009 C-300 SPORTS WITH P2 PKG by Jacobie
Dec 03, 2008 (9:06 pm)
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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 598
WHATS THE MONEY FACTOR FOR DEC.C-300 by Jacobie
Dec 03, 2008 (11:40 pm)
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anyone knows the MF for December.?
#380 of 598
Lease Post by jjthecat
Dec 09, 2008 (8:44 pm)
Reply
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.
#381 of 598
2009 C Class Lease with Navigation by leeinla
Dec 15, 2008 (2:57 pm)
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Looking to lease a 2009 C Class sport with Navigation. I have tier 1 credit.
Must have 12,000 miles a year. Looking to lease for 24 months or 36 months with no money down, is it possible? Any good deals out there? I am in the southern ca area. Any good dealerships to deal with? Let me know?
 
Thanks,
 
leeinla
#382 of 598
Re: 2009 C Class Lease with Navigation [leeinla] by soccerandlost
Dec 15, 2008 (3:19 pm)
Reply

Replying to: leeinla (Dec 15, 2008 2:57 pm)

LEEinLA,
 
I, too, have Tier-1 Credit and just leased a 2009 C300 Sport w/ PII, Nav, AMG Wheels, and iPod Connector for $582/mo (incl. CA tax) for a 39-mo lease with 10k miles per yer. I spoke with a lot of dealers, but ultimately closed the deal at Merceds of BH.
 
I paid $2500 to drive off, which basically amounted to traditional drive-off charges (TTL, bank fees, 1st mo), window tinting, shipping (they didn't have the exact car I wanted and wouldn't do the deal we had negotiated if they had to acquire the car, unless I was willing to pay the shipping costs), and a very small cap cost reduction (about $300). I am guessing you can get out the door without any drive-offs. We were able to do so for my wife's Acura in August. If so, those charges would just be added into the cost of your car (and, therefore, financed).
 
Incidentally, the monthly cost was about $15/mo (after tax) cheaper for a 27-mo lease, but with the nearly $1100 MB Credit acquisition fee (ridiculous) and some of the other up-front fees, I preferred the slightly more expensive 39 mo-lease to spread those costs out across another year.

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