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Mercedes-Benz C-Class Lease Questions

331 messages,  Last post on Jul 09, 2008 at 8:37 AM

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What is this discussion about? Mercedes-Benz C-Class, Car Leasing, Hatchback, Sedan, Wagon

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#91 of 331 Re: c230 lease deals [dominique1] by kate_arien Nov 03, 2006 (4:01 pm)
Replying to: dominique1 (Jul 09, 2006 8:47 am) The best experience ever!   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.
#92 of 331 Re: Mercedes-Benz C-Class: Lease Questions [casla] by mrum Nov 20, 2006 (3:14 pm)
Replying to: casla (Jul 24, 2006 11:18 pm) I am in Southern California and thinking of leasing a C230 Sport that does not have a sunroof or CD Changer. I believe the sticker price was close to $31,000 and sale price is about $28,000. I would put down $1,400 with a payment of $377 with tax and 12,000 miles a year. The residual is 70%. The lease is 27 months. What do you think of this deal?   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?
#94 of 331 Re: C-230 Lease in So Cal [mrum] by kate_arien Nov 20, 2006 (3:41 pm)
Contact the Internet Sales of mbzsantamonica.com (W.I. Simonson is the dealership). They're really nice and very quick. Best service you'll get in SoCal and their loaners are Mercedes too, not other brands. I leased mine at $28,900 last Nov 1st and it already included sunroof and single in-dash CD.   I created a spreadsheet which I used when I negotiated my new lease and based on your numbers, you will pay $375/month incl taxes given the following assumptions:   12k mi/yr for 27 months $28900 selling price Tier 1 credit = .0025 MF 69% Residual $1000 down only Plus around $700-800 drive off fees (incl. taxes, DMV fees and 1st month payment)   I guess with a lease, all you have to pay for is the scheduled maintenance which is around $300-500. Hope this helps. Good luck on your lease hunting.
#95 of 331 ANYBODY GOTTEN OUT OF MB LEASE EARLY? by monty2222 Nov 20, 2006 (6:57 pm)
I am in my 29th month of a 39 month lease, paying $486/month for a 2004 C-320 Coupe. The lease-end purchase price will be $17,000. It's only got 4,000 miles on it (driveway ornament). Would like to get out, OR maybe transfer into an ML-350. When I ask Mercedes, they say I can give back the car early, but I have to pay ALL the REMAINING lease payments. HUH? Why would I give them the car now if I still have to make all the payments? Obviously that means I can't get out early. Just wondering if anybody else has been able to do it somehow, OR has been able to change into a different car without penalty of still paying the old lease balance. Replies to this message: Car_man (Nov 22, 2006 8:10 pm)
#96 of 331 Re: ANYBODY GOTTEN OUT OF MB LEASE EARLY? [monty2222] by Car_man HOST Nov 22, 2006 (8:10 pm)
Replying to: monty2222 (Nov 20, 2006 6:57 pm) Hi monty2222. I am sorry to say that it is usually fairly expensive to get out of leases well before their scheduled end dates. In order to do so, you need to purchase the vehicle that you are currently leasing from the bank that you are leasing it through. It often turns out that it costs more to do so than your vehicle is worth on the open market. Furthermore, many banks expect consumers who end their leases early to still make all, or at least the depreciation portion of their remaining lease payments. As you can see, this can get very expensive.    You can determine approximately how much it will cost you to get out of your current lease by comparing its purchase price to its value on the open market at this time. You should place a call to the bank that you are leasing your vehicle through to find out its exact price. Once you know exactly how much money it is going to cost you to buy your leased vehicle you need to compare it to its current value on the open market. You can find out approximately what your vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: sysop, "Real-World Trade-In Values" #, 14 Dec 2000 10:07 pm. Don't forget to check to see if you are still on the hook for your remaining lease payments. The difference between your leased vehicle's current value and how much it will cost you to buy it plus any remaining lease payments that you are obligated to pay will equal the cost of getting out of your lease right now. You may find that you are better off waiting until you are closer to the scheduled end of your lease to get another new vehicle.   Car_man Host Prices Paid Forum
#97 of 331 Special Lease from Mercedes by kenster Nov 24, 2006 (2:15 am)
Hi all,   Mercedes is currently running the winter ads for leasing. I am looking at the C class C230 sport sedan. This one has the following deals for 27 months leasing for $299/month with the following down payment:   $299 First month's payment $2,850 Capitalized cost reduction $795 Acquisition fee $3,944 Total cash due at signing   They did not say in details what options does the car have and what is the mileage limit. I assume it's around 12k mileage.   Is this a good deal? Any advice could be appreciated.   Thanks
#98 of 331 2007 C230 Lease in South Florida by markjb2 Nov 25, 2006 (7:46 pm)
Hi:   I am trying to negotiate a lease for a 2007 C230 in Ft. Lauderdale. (MB of Ft. Lauderdale). The car I am looking at has a sticker of $34,705 (sunroof pkg, cd changer and metallic paint). I can pretty much get the dealer to go to carsdirect invoice plus $100 without much trouble at all, but I see that those of you in Southern California do much better, sometimes as much as 2k below invoice. Is this a regional difference that I will not be able to overcome? We have several dealerships to chose from here, but they are all owned by the same parent company, AutoNation, so while the stores compete, it is not quite the same as if they operated under a different corporate ownership. At the very least, I want them to give me the current $1000 incentive in addition to the invoice pricing.   They made the best offer thus far on my 2006 VW Jetta TDI (Diesel), as CarMax was way off base on this car and I have about 2k positive equity.   At the very least, I want the same money factor (which appears to be about 4.9%) and residual (70%) that they are offering in the Winter Event special, as I am looking at the 27 month term with 10k/year (I drive very little, roughly 7-8k per year) so this is fine with me.   Does this sound like a reasonable expectation? Anyone in South Florida have any experiences to share?
#99 of 331 Mercedes C230 Lease by mrum Nov 28, 2006 (7:32 pm)
Car Man -   Can you help me with this? I am in Southern California and thinking of leasing a C230 Sport that does not have a sunroof or CD Changer. I believe the sticker price was close to $31,000 and sale price is about $28,000. I would put down $1,400 with a payment of $377 with tax and 12,000 miles a year. The residual is 70%. The lease is 27 months. What do you think of this deal?
#100 of 331 2007 C230 Lease Question by argumentator Nov 29, 2006 (9:53 pm)
Hello All - I need to know if this deal is any good, I plan to close the deal tomorrow.   MSRP: $35305 (Silver/Auto/Sunroof Pkg/Power Seats/6CD changer) Negotiated Price: $31305 15K miles/yr 27 months lease 67% residual Money Factor: 0.00300 $860 drive off Monthly Payment: $520 inc Tax.

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