Last post on May 15, 2013 at 1:00 PM
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Mercedes-Benz C-Class, Car Leasing, Hatchback, Sedan, Wagon
#568 of 1650 Re: 2009 C300 Sport Money Factor / Residual [mrtrance]
by Car_man HOST
Sep 21, 2009 (2:52 am)
Greetings mrtrance. Here's the information that you're looking for. Mercedes-Benz Financial's current buy rate lease money factor and residual value for a 36 month lease of a 2010 C300 Sport with 10,000 miles per year are .00173 and 58%, respectively.
Mercedes is no longer providing lease support on the 2009 C300. As a result, you definitely do not want to lease one right now. Its unsupported money factor jumps to a horrible .00395, though there is $4,000 dealer cash on it.
Prices Paid: Buying & Leasing Experiences Forum
#569 of 1650 Re: 2009 C300 Sport [Car_man]
Sep 21, 2009 (7:12 am)
Hi Car_man. Semantics or not, you are still mistaken. I suggest that instead of looking at whatever "official price sheets" you have access to, you look at an actual invoice from MB to the dealer. This represents the amount the dealer (or his bank) actually pays MB for the car. It absolutely includes the IRG/Adv charge. Black on white. Cut and dried. End of story.
Obviously dealers have many expenses. And obviously there are back-end programs that help dealers cover these costs. But there is only one actual invoice per car. That said, it sounds like some folks are getting great deals on the C Class!
#570 of 1650 Re: 2009 C300 Sport Money Factor / Residual [Car_man]
Sep 21, 2009 (10:25 am)
You are right on the 2010 and the special MF, it seems we're both trying to get 2009's with the 4k cash on it and a good MF.
From what I am seeing is they are also discounting the MF on 09s to get rid of them I'm aiming at .0023 which they say is employee lease, so far it's been tough getting a bigger discount on the selling price then invoice minus the 4k factory to dealer
#571 of 1650 Re: 2009 C300 Sport Money Factor / Residual [shinakuma]
Sep 21, 2009 (11:29 am)
I just got an email from one of the Internet sales guys at Anaheim MB and they are willing to do just $5200 off MSRP. This is on a car with MSRP of $45,XXX. That is less than half the discount that FJ or even Long Beach were quoting me. How did you get them to do $7000 off? Was the $7k from the beginning or did you had to hassle for it? Have you tried to get them to do like 8K-9K off plus the employee pricing MF? I know they won't be able to do the 10K-11k off like FJ, but even 8-9k off would be good with 230 MF.
#572 of 1650 Re: 2009 C300 Sport Money Factor / Residual [mrtrance]
Sep 21, 2009 (12:13 pm)
Yeah man I had to work it down, I tried 8-9 with Special MF and it was no go, I went to the top desk guy even and couldn't do it. So basically it was matched with the ugly standard MF or less off selling price with the MF
I've tried everywhere to get 8-9 + Special MF and seem stuck right now
#573 of 1650 Re: 2009 C300 Sport Money Factor / Residual [shinakuma]
Sep 21, 2009 (2:26 pm)
I wonder if it will good idea to wait til December or so to get a 2010 C300. I wonder if during that time they will discount the 2010 cars by like 5-6K and also have a MF still in the 100s.
#574 of 1650 Re: 2009 C300 Sport Money Factor / Residual [mrtrance]
Sep 21, 2009 (5:00 pm)
ok here are my final numbers. almost all dealerships are out of the 09s now or they are going fast by the way....any input on these options would be great. These are all with P1/P2, Multimedia, Panorama Roof, 18" AMG, Ipod and Burl Walnut Trim
2009 C300 - MSRP 44,460
DEALER #1 Selling Price: $37,244 (Special Money Factor .00237)
DEALER #2 Selling Price: $35,260 (Standard Lease Money Factor .00385)
2009 C350 - MSRP 46,640
DEALER #2 Selling Price: $36,440 Standard Lease Money Factor .00385)
The C350 actually costs less then the C300! Unfortunately the Money Factor is quite different
What would you guys do?
#575 of 1650 Re: 2009 C300 Sport Money Factor / Residual [shinakuma]
Sep 22, 2009 (9:56 am)
Based on your numbers and using 54% residual for 36mo/10k, the numbers I came up are following for me (using a 8.25% tax):
I'm assuming no cap reduction and just drive off costs of 1st payment, reg, and bank fee which should be close to $2K.
I don't know if these are good deals when you are getting close to $600 a month. I had previously leased a 2006 E350 with MSRP of $54,XXX for $587/mo including tax with just drive off of $2500.
I guess the C350 might be the better deal if you had to go with dealership that only do the 0.00385 MF. More power for just $10 more a month.
#576 of 1650 Re: 2009 C300 Sport Money Factor / Residual [mrtrance]
Sep 22, 2009 (10:05 am)
yeah it's getting steep based on MF. I do have one more that came in today. the guy was shocked at the pricing but would said he'd beat it and use employee MF. Same C300 (without walnut burl) with a price of 35k even.
Base Payment $437.65 Plus Tax $42.67 Total Payment $480.32
Drive Off $2260.22.
#577 of 1650 Re: 2009 C300 Sport Money Factor / Residual [shinakuma]
Sep 22, 2009 (10:57 am)
That's a great deal. If you don't mind letting me know of the dealership/contact person that gave you this deal. I just sent you an email.
What residual and MF are they using to calculate that monthly payment?