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Mercedes-Benz C-Class Lease Questions

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

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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#422 of 599
Re: CA - C300 Lease [boltsfan] by mbcos
Feb 26, 2009 (7:46 am)
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Replying to: boltsfan (Feb 25, 2009 12:12 pm)

boltsfan, go and get other quotes from dealers in your area and tell them the quotes you are getting. Even if you do get a good price, they will say that the other dealership is lying to you and something is wrong. Tell them what you want to pay. DO NOT pay over $500 a month, especially on a car that has an MSRP under 40K. Even if you put nothing out of pocket and have it all wrapped into your lease payments, I would still think your payment should about $500 given that your MSRP was $3,000 less than mine. Send e-mails to dealers telling them that you do not want to pay more than $500.
 
IE: Send e-mails detailing the car you want including color and equipment. Tell them you want to put out only minimal inception fees or nothing at all, whichever you prefer. Then tell them that you would like to lease this car for 39 months (best program wright now) with 15K a year for $xxx including CA sales tax. If I were you, I would start by saying $480 a month. Give them your phone number and e-mail when you contact them. That is exactly how I got the best deal. Or, you can just call the dealerships yourself and ask for any salesman and tell them the exact same thing. Don't get impatient. Someone will give you a great deal in these hard economic times.
#423 of 599
Re: CA - C300 Lease [mbcos] by boltsfan
Feb 26, 2009 (11:37 am)
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Replying to: mbcos (Feb 26, 2009 7:46 am)

Thanks for the info guys!
 
I was trying to be cool by going back to same salesman but guess I need to start sending emails out to other dealerships. I only deal by email until a price and monthly payment are in writing (will rarely give out my phone #). This is how I got my last MB and '08 Yukon. I actually had to print emails at the dealership when we leased our Yukon to prove things in writing (switching 20" wheels over, etc...)
 
I realize you were concentrating on the bottom line (like I usually do) but did you actually get quoted a residual and MF?
 
Is the 5 month turn in early deal legit?
 
With those options what should I be looking at for a Cap Cost?
 
The old way to lease was to negotiate the price of the car then deal with monthly payment. I think it has turned the other way around.
#424 of 599
good lease deal? by mandy11
Feb 27, 2009 (8:16 am)
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After reading a lot of the lease deals on this forum, can anyone tell me if this is a good deal?
lease on a 2009 C300 4matic Sport 39 mo, 12k/yr.
pkg 2, multimedia, ipod integration, walnut trim, mb tex
$539/month with $3000 down (fees plus add’l down).
thanks!
#425 of 599
Re: CA - C300 Lease [boltsfan] by mbcos
Feb 28, 2009 (8:31 pm)
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Replying to: boltsfan (Feb 26, 2009 11:37 am)

boltsfan, I never did get quoted the residual or money factor because I didn't care. I was simply uninterested because I know I got a good car at a great price.
 
The 5 month thing is legit. If you get a C300, you can turn it in 5 months early and avoid their "disposition" or "return fee" which is so totally BS.
 
I would never put any Cap Cost reduction down on a lease. Why prepay your lease. If they ask you for $3,000 cap cost reduction, just divide that by the number of months in your lease and that is the added cost. $3,000 divided by 39 months (the term of your lease) is $77. So when you get quoed $500 a month, you need to add $77 to that, so your monthly payment was $577, but you just prepaid the $77 portion.
 
Don't do any cap costs reductions. You don't have to.
 
Forget residuals and money factor. They are probably lies anyway. I don't know how mathematically my lease worked, but it did according to several dealers who were all within $12 of each other in terms of monthly payments.
 
Just get a good bottom line at the end. Thats all your should care about. Don't worry about how much money they are going to make on the deal.
#426 of 599
Re: good lease deal? [mandy11] by mbcos
Feb 28, 2009 (8:43 pm)
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Replying to: mandy11 (Feb 27, 2009 8:16 am)

Mandy, don't do it.
 
Do NOT give $3,000 down. Don't prepay your lease. Take that $539 payment (does that included sales tax) and add $77 a month since you are prepaying $77 a month with your cap cost reduction. Does $616 a month sound like a good deal to you? I don't think so. And don't forget, you are still putting down inception fees which I bet they told you are about $2100 on top of that.
 
$439 a month is an actual offer if you pay the $3,000 because that would make your monthly payment $516 (439+77). You should be getting that car around $500 - $510 including sales tax without paying anymore than $1,500 down for your inception fees and that is it. I repeat; NO CAP COST REDUCTION.
 
Spam out some e-mails and let them know that you did. Play the dealers against eachother. You aren't doing anything bad or lying. You are merely shopping for the best deal in the most famous competitve markek in the world.
 
Forget that deal above and go back to the drawing board. Someone will sell you that car for around $500 a month with no cap cost reduction at all and only minimal inception fees. I have some recommendations for you in the NJ area if you live around here.
 
And for God's sake, don't even pay that inflated bank fee or the "doc fee." They will ask for $1900 - $2200 for inception fees. You don't even have to go that high. Good luck and don't sign a deal out of frustration.
#427 of 599
Re: Incentives [luka67] by Car_man HOST
Mar 02, 2009 (4:34 am)
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Replying to: luka67 (Feb 19, 2009 2:57 pm)

Hi Luk. Mercedes was providing dealer cash on leftover 2008 C-Class models, but it does not have any cash on 2009 models right now. Mercedes is currently providing 2.9% to 3.9% financing or a special lease program on the '09 C-Class.
 
It does have some cash on the 2009 E-Class though. It is currently providing 2.9% to 3..9% financing plus a whopping $6,000 dealer cash or special lease money factors plus $4,000 on most '09 E-Class models.
 
The above programs are only scheduled to run through March 2nd. Mercedes will introduced its new March programs this week. Please feel free to check back with me in a couple of days and I should be able to give you an idea of what the new program is like.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#428 of 599
Re: good lease deal? [mbcos] by mandy11
Mar 02, 2009 (9:44 pm)
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Replying to: mbcos (Feb 28, 2009 8:43 pm)

thanks mbcos.
the $539/month included taxes. The incep fee is $1500, and I was mistaken about the $3,000 down - it's actually a total of $2500 down so that's an add'l $1,000 to the inception fees.
I negotiated invoice and was told that I could only get $539/month with $ down, no more wiggle room. I live in NJ and would love your recommendations. Thanks for the tips! I will report back to let you know how I did.
#429 of 599
Re: good lease deal? [mandy11] by frankb036
Mar 03, 2009 (6:51 am)
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Replying to: mandy11 (Mar 02, 2009 9:44 pm)

Mandy I live in NJ as well...and mbcos has some really good info on deal and dealers on this forum..net is the Flemington MB dealership gave him the best deal though he would have preferred to get the car from paramus MB since that salesman treated him better..anyway start with mbcos message number 403 on this forum for some really great info about the NJ dealerships..and since I live in NJ as well let me know what deal you finally get
#430 of 599
How do you get the Sales Rep to give you a quote by email? by sdhlaw1701
Mar 07, 2009 (12:20 pm)
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I was curious how you all were able to get the sales reps to give you quotes over email rather than wasting time on the phone and going in to the dealership. I have sent the dealership requests for quotes for a 2009 C 300, but all i have gotten back are sales calls wherein the sales rep tells me to come in and we can talk about what I am looking for. I don't want to play around, I know what I want and what I want to spend. How can I get the sales rep to give me a quote without the games?
 
Thanks in advance for all the help.
 
I don't know if it makes a difference but I am dealing with dealerships in south Florida.
 
Thanks
#431 of 599
Re: How do you get the Sales Rep to give you a quote by email? [sdhlaw1701] by mbcos
Mar 10, 2009 (7:02 am)
Reply

Replying to: sdhlaw1701 (Mar 07, 2009 12:20 pm)

sdhlaw, Thats exactly what you have to tell them in your e-mail. I don't have time to play around and I want your best quote now. Be firm just like they are with you when you are in their dealership. Don't be scared to walk away because there are plenty other MB salesman who will sell the car.

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