Last post on Dec 07, 2013 at 6:57 AM
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Mercedes-Benz C-Class, Car Leasing, Hatchback, Sedan, Wagon
#823 of 1998 Re: October Lease Rates for 2010 C300 Sport 4Matic? [bcvc71_li]
Oct 08, 2010 (2:32 am)
I'd be happy to help you out, bcvc71_li.
Mercedes-Benz Financial's October buy rate lease money factor and residual value for a 36 month lease of a 2011 C300 Sport 4Matic with 15,000 miles per year are .00114 and 57%, respectively for consumers who qualify for its top credit tier.
The numbers for an otherwise identical lease of a 2010 model are .00240 and 53%.
When negotiating your deal on the 2010 model, make sure to take the $4,300 dealer cash incentive and free 4Matic option that Mercedes is currently providing on it into account.
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#824 of 1998 Re: October Lease Rates for 2010 C300 Sport 4Matic? [Car_man]
Oct 17, 2010 (9:19 pm)
I have found a silver C-300 with 7 Spd Auto, wood trim, IPod integration and Sirius. MSRP $37,380 marked down $9000 from MSRP.
They claim there are no longer any financing incentives from MB and the cheapest lease payment they can do with $800 down is $473/month. They claim that with $3200 down they van lease me a 2011 MSRP $38350 for $349/ month for 27 months.
Are there in fact any purchase or lease incentives remaining on 2010s?
I find it hard to believe that a 2010 with a sales price of $28,380 is $124/month more than a 2011 with a sales price of $38,350!
Any advice? What should the money factor and residuals be for a 2010 lease anywhere betwen 24-39 months for an individual with an 820 FICO score?
Thanks in Advance!
#825 of 1998 Re: October Lease Rates for 2010 C300 Sport 4Matic? [beachlife310]
Oct 18, 2010 (5:04 am)
Beachlife - I'm not sure from your post whether the $473/month is offered as a financed purchase (you use the word financing) or as a lease payment. I've been researching 2010's for the past month and I'm not aware of any financing specials for the 2010's. There are, however, the $4,300 marketing support and $2,010 cash to customer rebate for 4Matics, which can be used for either a purchase or a lease (to reduce the capitalized cost/selling price).
With regard to leasing, as Car Man posted above, the 2010 C300 4Matics presently have a 53% residual and 0.00240 money factor for a 36 month/15,000 miles per year lease (the lease rates were the same for base models and 4Matics in September; I don't know about the base model rates in October though). Those numbers are good through the end of the month. With a 820 FICO score, you should definitely qualify for that lease rate and, according to my calculations (assuming the lease rate for your base model is the same as for a 4Matic), the monthly payment should be $354/month for the vehicle you describe exclusive of taxes, title, and license costs, and dealer doc fees.
Obviously, if you are financing a purchase, that monthly payment will be much higher and will depend on the interest rate offered by the financing company you go with (e.g. a $27,500 loan for 5 years at a 2.99%/year interest rate is $494/month).
Ask Car Man if you wish to confirm the 2010 base C300 lease rates this month.
I hope this helps.
#826 of 1998 Re: October Lease Rates for 2010 C300 Sport 4Matic? [bcvc71_li]
Oct 18, 2010 (10:53 am)
Thanks for the info! Yes I was talking about lease rates. Are 24-27 month leases available on 2010s? I was looking for a 10k-12k mile 24-27 month lease and was interested in the numbers for that. I would love to get a 4matic but this was the only 2010 I could find here in SoCal. I don't think 4MATICS are as popular here in Socal.
Anyone know what the residual and money factor are for a 36-39 month lease on a 2010 Sport 300 for a 10k-12k mile lease? Can that $300 be used toward cap reduction?
#827 of 1998 Re: October Lease Rates for 2010 C300 Sport 4Matic? [beachlife310]
Oct 18, 2010 (12:42 pm)
Sorry I meant $4300 toward cap reduction.
#828 of 1998 Expected Lease Payment on 2011 C300
Oct 21, 2010 (8:52 am)
2011 C300 Sport with Nav and Sat Radio
Cap Cost is 43,000
Residual is 70%
Term is 27mo w/ 12k miles per year.
They are asking 684/mo
What incentives do they currently have to bring down the cap cost?
We currently lease a 2009 C300 equipped the same with a cap cost of 45,795 w/ 15k per year over 39 mo. MB provided a 7909 Cap Reduction. Payments 578 per mo.
There is a big difference here.... I am confused.
Nov 01, 2010 (7:38 am)
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#830 of 1998 C300 Sport
Nov 03, 2010 (3:55 am)
Can you provide the November MF and residual for the '11 C300 Sport 4Matic with 12K miles for 27 and 36 months? Thanks.
Nov 07, 2010 (4:54 pm)
I;d be happy to help you out, epl1.
Mercedes-Benz Financial's November buy rate lease money factor and residual value for a 27 month lease of a 2011 C300 Sport 4Matic with 12,000 miles per year are .00114 and 60%, respectively for consumers who qualify for its top credit tier.
The numbers for an otherwise identical 36 month lease are .00114 and 59%.
Prices Paid: Buying & Leasing Experiences Forum
#832 of 1998 $300/month lease possible, or myth?
Nov 11, 2010 (9:22 am)
Hey car_man, got a question.
An editorial in Automotive News mentioned M-B was offering a $300/month lease on the C-class. They didn't specify which year or the terms, though.
Base models start at $33.9k or so, is that figure possible with current incentives?
I'm assuming a 39-month lease on a base model, 10k miles/year, would be most likely to reach that number, is that payment realistic or would it have to be with a huge down payment?