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Mercedes-Benz C-Class Lease Questions

598 messages,  Last post on Nov 28, 2009 at 10:43 PM

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


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#403 of 598
C300 Lease Experience by mbcos
Feb 19, 2009 (11:07 pm)
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I live in Norther NJ. I talked to MB dealers all over the state though and even 2 in NY. I live closest to the MB dealer in Morristown and thats where I thought I was getting my car from today. It went horribly. I negotiated the following deal:
 
C300 Luxury 4-Matic, P1, Navigation, black ext with MB Tex. 39 months, $1300 out of pocket for 1st month payment, registration, and whatever was left for their inflated bank fee. **I would not pay their BS "doc fee."** $499 a month including NJ sales tax 7%. Great deal, right?!! Well I got there to sign the deal and hopefully pick up the car and my salesman was no where in sight. I called him all morning too and the receptionist kept telling me he was busy, he was at lunch, and he was delivered a car, blah blah blah. When I got there, I waited 20 minutes and then this guy Richard came and he was just stupid and ignorant. I had also negotiated to have the chrome door inserts put on the car for free with my saleman. Richard had no idea about that so he told me it would cost me $110 to have them installed and it couldn't be done until next week. I also asked Richard if he could disable the beeping alarm when you are not wearing your seatbelt (I know, not good of me) and he we will not because it is a liability. He was very adamant about how he "would not." He didn't even bother to explain that disabling the alarm for the seat belts disables the airbags which I would never want to do. I ended up just walking out. This guy was stupid and obnoxious. I really wanted to get the car from Erik Laberge at Prestige Mercedes in Paramus, NJ. He was great. Class act guy with a great deal. Same deal as above, but it for a Sport model instead of Luxury and my wife wanted the Sport, so it was hard to not get it from Erik, but he really was great. He would have been my top choice. Instead, we picked up the car today from this obnoxious guy named Victor Dillon at Flemington Mercedes. It was a far trip for us, but worth. We ended up getting the car from him for $489 a month including NJ sales tax and got an added Panorama Sunroof and Ipod connector in the glove compartment. It was perfectly smooth and everything was great, except this guy had the personality of roadkill oppossum and he was way too opinionated telling my wife that he didn't like the chrome door inserts. He should have just kept his mouth shut. But still, I got a great car for $489 a month including tax with only $1300 out of pocket including my first month's payment. The MSRP on the car is over $43K. I guess I shouldn't complain.
 
If anyone wants a black on black Sport model with 4-Matic, P1, and Navigation for under $500 a month including NJ sales tax and only $1300 due at signing for 39 months, go see Erik Laberge at Prestige Mercedes in Paramus and make up for the stringing along I did to him. I actually do feel bad about it. I backed out of the deal an hour before I should have arrived.
 
Keep working on the deals. Maybe you'll do better than me. Who cares about residuals and money factors when you can put less than $1500 down and pay less that $500 a month on a $42,000+ car.
#404 of 598
Re: C300 Lease Experience [mbcos] by indus2
Feb 20, 2009 (2:13 pm)
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Replying to: mbcos (Feb 19, 2009 11:07 pm)

how many miles/year was the deal for?
#405 of 598
Re: C300 Lease Experience [indus2] by mbcos
Feb 21, 2009 (5:24 am)
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Replying to: indus2 (Feb 20, 2009 2:13 pm)

39 months with 15,000 miles a year.
#406 of 598
Re: C300 Lease Experience [mbcos] by indus2
Feb 21, 2009 (12:01 pm)
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Replying to: mbcos (Feb 21, 2009 5:24 am)

thx mbcos... one more question, the navi you got is the UMI option, not the multimedia package, right?
#407 of 598
Re: C300 Lease Experience [mbcos] by frankb036
Feb 21, 2009 (3:16 pm)
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Replying to: mbcos (Feb 19, 2009 11:07 pm)

mbcos..I live in New Jersey as well,,,you got a fantastic deal..thanks for sharing the info..I have some questions..what is the buy out amount on the car at lease end..did you try Ray Catena dealership?? and how did you negotiate such a great deal from several MB dealers..all of them wanted close to 600 for same car when I inquired..
#408 of 598
Re: C300 Lease Experience [mbcos] by frankb036
Feb 22, 2009 (2:28 am)
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Replying to: mbcos (Feb 19, 2009 11:07 pm)

mbcos..another question..can you please itemize the options you got in the car..for example which navigation pkg did you get..
#409 of 598
Re: C300 Lease Experience [mbcos] by mbshopper
Feb 22, 2009 (3:07 am)
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Replying to: mbcos (Feb 19, 2009 11:07 pm)

mbcos,,something seems wrong with the prices you quoted...with an MSRP of $43,000 and a lease factor of .00166 or 4% and no cap cost reduction payment, then the only way for the payments to be under $500 per month is for the residual value to be 69% after 39months and 45K mileage..which does not seem plausable Am I missing something?
#410 of 598
Re: C300 Lease Experience [indus2] by mbcos
Feb 23, 2009 (11:59 am)
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Replying to: indus2 (Feb 21, 2009 12:01 pm)

Hi, sorry for the delay. It was the multimedia package with the radio and bluetooth and all.
#411 of 598
Re: C300 Lease Experience [mbshopper] by mbcos
Feb 23, 2009 (12:02 pm)
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Replying to: mbshopper (Feb 22, 2009 3:07 am)

mbshopper, you are not missing anything. I don't know about the residual or money factor. I concentrated on that for 2 months and was getting prices of $580 - $620 with $1900 - $2200 due for inception fees. I was there for the bottom line and told the dealers what I wanted to pay. That is the deal I got. How much money they made off the deal is not my concern. I hope it goes well for you.
#412 of 598
Re: C300 Lease Experience [frankb036] by mbcos
Feb 23, 2009 (12:07 pm)
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Replying to: frankb036 (Feb 21, 2009 3:16 pm)

frank, I don't prefer to negotiate in person anymore. I just basically configure the car that I want on-line through the website and then e-mail the dealerships the car that I want and its MSRP and the amount that I will pay for the car. Of course, I start drastically low and then they come up with a figure, and then I say $XXX is my only offer. I e-mail a dozen dealers and I let them all know that and I tell them the deals I am offered so they can beat it. Then I go in and sign the deal and thats it.
 
Ray Catena was an ok dealership. I really like Prestige in Paramus the best because of the salesman Erik. But I took the car from Flemington because they had exactly what I wanted. Although, the Flemington dealership is a joke and so are the sales people, like in Morristown MB.
 
Honestly, I am not sure of the buy amount at the end of the lease because I have 0 intention on buying out the car. I would expect it to be high since I am paying so low a month. Good luck and don't be shy with these people. I noticed that most people sign a deal on a car after they have been "negotiating" at a dealership for 2 hours+.

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