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Prices Paid: Buying & Leasing Experiences 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
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Replying to: dtawil (Jul 31, 2006 7:34 am) I leased a 2007 C 280 Luxury Sedan 4Matic Sunroof Package Rear side airbags CD changer Split fold down seats 48/mo 12k miles/yr Had $0 down, and $489 mo. including taxes I've leased many vehicles and paying money down on a lease is not the best way to go. Never pay $$ down, if you have the extra cash put it in an account and use it toward your mo. payment. NEVER GIVE IT TO THE DEALER!!! |
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I have 3 months left on my '04 C230W, it was only allowed 48,500 miles and has 61,600 - residual value is $19,878 and have paid $21,982.35 - I want to buy it but with the additional miles can't I negotiate with MB financing to lower the residual. The car is in excellent shape and has no dents/dings, runs like a clock and looks great too! I need some guidance on how to try to get this car for less than the residual, do I have any bargaining like other cars? If I buy for the residual, the car ends up being more than the sticker price, how does that work? The balance would be $11,807.65 to make up the price of $33,790 leased in Sept.'03......Help, have never wanted to keep a leased car before, this will be the first to keep of many leased vehicles.............JB
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I desperately need to find the current money factor and residual for the C280 4-Matic at 39 months and 15K miles/year. I'm located in NJ. Thanks!!!! |
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Replying to: dtawil (Aug 14, 2006 7:12 am) Looking to lease myself. Rob
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Replying to: robbase1 (Sep 18, 2006 10:57 am) Car_man Host Prices Paid Forum |
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Replying to: njb325 (Sep 04, 2006 6:15 pm) Forget the original sticker. That has no bearing on things now. You paid for depreciation plus interest. Your contract says you can buy it for the residual. You want it for less. they do NOT want your car with 16,000 extra miles at the end of your lease. Put an ad in your local paper with 62,000 miles and see what your best offer is. That's what it's worth. It will be lots less than $19,878. If they take it back they'll just send it to the Manheim auction and get $14,000 for it (est), so tell them you want to buy it for $14,000. If you have a big auction in your area, go by and ask them to appraise your car. If they say it'll sell for $14,00, then MB will get 90% of that value.
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Replying to: billmv (Oct 03, 2006 9:12 pm) |
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Replying to: Car_man (Aug 31, 2005 3:54 pm) 2007 C230 with sunroof package 27 months 12000 mi Top tier credit (MB Financial already run it) 2005 PT cruiser trade in value is $8k (Negative equity is $4k since I have a payoff amount of $12k) Willing to pay a downpayment of $2k to cover a portion of the negative equity on the PT Cruiser Q1: What is my risk if I have a trade and has a $4k upside down and giving $2k as down? Q2: I was quoted .00307 and 71% res value? Are those right? Q3: What better deal is out there for me? Q4: Any good lease specials coming up this November that you might know about? Thank you very much in advance for your input. Thanks very much. |
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Replying to: dominique1 (Jul 09, 2006 7:47 am) Leased my car last 11/1/06 from SoCal WI Simonson (www.mbsantamonica.com). Internet Sales people were very straightforward and quick. Gave me real numbers to work on. Haggled a bit but all those time, I never had to deal with BS which I got from the other dealers I spoke with --- both floor and internet. Plus, they gave me the highest trade in value for my 2005 PT Cruiser Touring – same with what Carmax gave me --- and I think, that rarely happens. And I was in and out of the dealership to pick up my car in a snap! So here are the LEASE specs for your reference: 2007 C230 Sport V6 A/T SP/cap cost: $2100 below carsdirect invoice Trade in value for PT Cruiser: $8500 $1500 net upside down on the PT Paid DMV fees, sales tax and first month upon lease signing (drive off $800) Acquisition fees were added to capitalized cost 27 mos. 12,000 mi/yr MF based on Tier 1 credit Monthly payment: $484 Hope this helps. 
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Replying to: casla (Jul 24, 2006 10:18 pm) Also, my friend said she paid $800 to get her brakes done on her c230. Do you have any idea how much I can expect to pay on maintenance? Do you think I can use 89 gasoline instead of 91 at times? |
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