- #533 of 601
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Re: C300 4MATIC with Premium package July Lease Question [luvdeals]
by Car_man HOST
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Aug 28, 2009 (1:52 am)
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Replying to: luvdeals (Aug 10, 2009 4:48 pm)
Hi luvdeals. Mercedes-Benz Finance's August buy rate lease money factor and residual value for a 36 month lease of a 2010 C300 Luxury 4Matic with 15,000 miles per year are .00198 and 55%, respectively.
Car_man
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- #534 of 601
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Re: 2009 C300 Sport [ursus]
by Car_man HOST
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Aug 28, 2009 (2:02 am)
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Replying to: ursus (Aug 11, 2009 1:12 pm)
Hi ursus. I'm not sure why dealers quoted you a higher dealer invoice price than the ones that are listed here. Chances are that the dealers are including some sort of charge or charges in their version of the car's invoice. I wouldn't worry too much about the difference. You know what this car's true invoice price is. Use it to determine approximately how much you want to pay for it right now. Then comparison shop with a few dealers and go with the one that offers you the lowest total selling price. $2,000 under dealer invoice is an excellent selling price for a leased 2009 C300.
Car_man
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- #535 of 601
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Re: 2009 C300 Sport [Car_man]
by jwilliams2
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Aug 28, 2009 (7:17 am)
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Replying to: Car_man (Aug 28, 2009 2:02 am)
The correct invoice price is the one the dealer gets from Mercedes-Benz. It includes the IRG (Regional Adv) charge, which is part of the dealers cost. This charge ranges from $300 to $600 roughly, and will vary depending on geographical area. Edmunds does have a clickable link explaning these charges, but most folks don't bother to check, and it doesn't give you the amount. So you can't rely on Edmunds to give you the true exact invoice price. It will get you close, however.
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- #536 of 601
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CAR MAN
by christina271
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Sep 03, 2009 (10:31 am)
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Car Man,
I am looking into an 09 C300 4matic Sport is with an MSRP of 42205 and selling price of 36759. Could you please tell me the MF and residual for a 36/39 month lease with 10 and 12k a year please?
Thanks!
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- #537 of 601
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CARMAN
by christina271
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Sep 03, 2009 (3:19 pm)
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Actually, it seems that there aren't any more 09's. Could I please have the info on a 2010 c300 4matic with 10 and 12k miles a year for 36/39 months?
Thanks!!
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- #538 of 601
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Re: C300 Lease Help [frankb036]
by ss2878
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Sep 04, 2009 (6:51 pm)
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Replying to: frankb036 (Apr 25, 2009 5:41 am)
What dealer did you buy your c300 from and who was the salesman? I live in NYC.
Thanks for your help!
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- #539 of 601
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Re: 2009 C300 Sport [jwilliams2]
by Car_man HOST
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Sep 08, 2009 (2:50 am)
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Replying to: jwilliams2 (Aug 28, 2009 7:17 am)
Hi jwilliams2. The fact that something is a real cost to dealers doesn't make it part of a vehicle's invoice price. You don't see dealers charge fees for a myriad of things that are real costs to them, such as their power bill, their floorplan interest, etc... The invoice price is the invoice price and the dealer has to sell a vehicle for enough over that price to cover its expenses, including advertising charges. We're splitting hairs here anyhow.
The bottom line is that consumers should look up the invoice price of the car that they want, subtract any available cash incentives, add a little to that and then start comparison shopping with a few dealers in there area, going with the one that offers them the lowest total price.
Car_man
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- #540 of 601
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Re: CAR MAN [christina271]
by Car_man HOST
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Sep 08, 2009 (2:55 am)
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Replying to: christina271 (Sep 03, 2009 10:31 am)
Hey christina271. Here's the information that you're looking for. Unfortunately, Mercedes isn't providing lease support on the 2009 C300 any longer. You can still lease one through Mercedes-Benz Financial's, but if you do so you will have to use its standard lease program...which is not very attractive. Its current buy rate lease money factor and residual value for a 36 month lease of a 2009 C300 4Matic Sport with 12,000 miles per year are .00395 and 53%, respectively. The residual value for a lease with only 10,000 miles per year would be 1% higher.
Even though Mercedes isn't providing lease support on the '09 C300 4Matic, it does have $3,000 dealer cash on it right now. Make sure to take this cash into account when negotiating your deal.
If you really want to lease, you probably would be better off going with a 2010 model. MBF's current buy rate lease money factor and residual value for an equivalent '10 model would be .00163 and 57%.
Car_man
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- #541 of 601
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Re: CARMAN [christina271]
by Car_man HOST
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Sep 08, 2009 (3:40 am)
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Replying to: christina271 (Sep 03, 2009 3:19 pm)
HA, I see that you changed your mind and went with the '10 like I suggested, christina271. Please see my previous post for this car's current program.
Car_man
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- #542 of 601
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Re: 2009 C300 Sport [Car_man]
by jwilliams2
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Sep 08, 2009 (7:13 am)
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Replying to: Car_man (Sep 08, 2009 2:50 am)
Hi Car_man. Sorry, but you are totally wrong on this. The IRG charge is on the actual dealers invoice that he pays to MB. At the dealer I deal with, the charge is $500 per car. So the dealers invoice price is $500 higher than what Edmunds shows. You may think that $500 is "splitting hairs", but then your advice to "add a little" to the invoice can actually result in a price that is below the dealers actual invoice.
I realize this is of no big concern to the fine folks at Edmunds. But it makes a huge difference to the dealership and its sales team. Edmunds should strive to offer accurate information, and brushing aside facts hurts your credibility, and furthers misunderstandings to the consumer.
And your comment about "power bills, floorplan", etc it totally off the wall. Don't know where you came up with that. You need to get your facts straight if you are going to pose as an authoritative voice of Edmunds. Otherwise, you are simply misleading people.
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