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Mercedes-Benz C-Class, Car Leasing, Hatchback, Sedan, Wagon
#977 of 1998 good deal on a c300 lease?
Jul 17, 2011 (1:56 pm)
I guess inventory is getting low on 2011 C300's so I need to move on this pretty fast. Can you tell me if this is a good deal and if anything is negotiable? According to the salesperson, its an amazing deal and not negotiable anymore. Its seems to good to be true and Im afraid what might change once I get the the contract stage that things may be changed. Please give me any advice you can.
Car: New 2011 MERCEDES BENZ C CLASS C300W1 Sport (black/black)
Term: 33 months
Allowed Miles per Year: 12,000
Total Mileage Allowed: 33,000
Total Inception Fees: $1500 (includes 1st payment, fees/insurance)
monthly payment: $379 (includes taxes)
Options included in this deal:
Extras: Ipod Kit: $380
Wood Trim: $325
Automatic Transmission: $1,490
Vehicle Price (MSRP): $37,060.00
Preferred Customer Discount: -$4,734
Total Selling Price: $32,326
Total Capital Cost: 33,113
Sales Tax (estimate): +$1,981.87
Tag/Registration Fees (estimate): +$300
Tag Agency Fee: +$98.75
Documentation Fee: +$599.95
Balance Due (estimate): $35,315.07
Retention Rate (money factor): 0.00109
Total Residual: 23,347
Purchase Option: $23,497
Cap Reduction: 7.52
Excess Mileage Chrg: 0.25
Max Reserve Rate: .00150
#978 of 1998 Re: good deal on a c300 lease? [futurescape]
Jul 18, 2011 (12:14 pm)
One question, are you paying the acquisition fee upfront or having it rolled in to the lease? Also, do you happen to know the acquisition fee that they are charging? I think you're dealing with an Autonation dealership and having just dealt with one of their MB dealers, they will charge a higher acquisition fee. Finally, I'd be happy to run a payment for you, but I'd ask if tax is figured onto the total selling price or the monthly payments, and if so, what's the rate?
#979 of 1998 Re: good deal on a c300 lease? [driversedge]
Jul 18, 2011 (12:31 pm)
Hi Driversedge, I would like to email you the disclosure details directly from the autonation dealer. Can you send me an email address that I can private message it to? I want to make the deal tonight so if you can contact me asap, I would appreciate it. You can email your email address to josemembrenoyahoo.com. Thanks! BTW, I got a different autonation dealer to give it to me for $369/month total.
#980 of 1998 Conquest incentive?
Jul 19, 2011 (6:07 pm)
So what is up with this conquest incentive anyway? Is it a real factory-backed incentive, or just some kind of dealer gimmick? Also does it include Saab? The ads I've have seen include every luxury make, even Volvo, Acura, and Lincoln (Lincoln?), but not Saab, which seems weird to me.
#981 of 1998 Re: good deal on a c300 lease? [futurescape]
Jul 20, 2011 (9:17 am)
That sounds like a solid deal. Are you paying any down payment?
#982 of 1998 Re: Conquest incentive? [ccappa]
Jul 20, 2011 (9:21 am)
I don't it's a dealer gimmick. You negogiate on your sales price then have the conquest incentive applied. Two grand extra off the negotiated price.
Jul 21, 2011 (2:18 pm)
Good question, temiz. I personally use the formula that is outlined in the following article and Excel to work up payments on vehicles: Calculate Your Own Lease Payment
Using Mercedes-Benz Financial's current lease program, an MSRP of $40,000, and a selling price of $36,000, I estimate that this car would have a 36 month, 12,000 mile per year, zero down, pre-tax monthly payment of around $453.
The $1,000 capitalize cost reduction that you mentioned would lower this car's payment to around $424.
Prices Paid: Buying & Leasing Experiences Forum
#984 of 1998 Leased one finally...with residualized maint
Jul 22, 2011 (4:00 am)
Here is what I leased last week. Sorry for the delay in posting the deal, but I've been too busy enjoying my first MB.
Inventory for 2011 was low. I could have waited until August until even better deals, but figured that would only make a $10-15/month difference...so why risk it?
2011 4-matic, sports MSRP $46,195 (which includes the below)
* Steel Grey/Black $720
* P1 $1,995
* Rear Deck Spoiler $300
* Multimedia/Command $2,700
* Burl Walnut Wood Trim $325
* 18" AMG wheels $1,040
* Heated Seats $750
* Destination fee $875
Selling price $39,000 (about 11.1% off + 2000 conquest). I know some of you have received 12% off.
As far as the lease is concerned, here are the details:
* 3 year maint plan of $769 was mostly added to the residual, so that only added about $7/month.
* I walked away from the deal when the dealer would not lower the acquisition fee from $1095 to $795. They finally did.
* Traded in my 17 year old car for $1,000 and applied that towards ap cost reduction
* Signed up for Autopay and therefore saved about $7/month
* 33 month, 27,500 mile lease
* Gross Cap: 43425, less $1,000 reduction= $42425 adjusted cap
* The above cap includes $2,338 of tax (Maryland taxes sales price of car, not leased portion)
* Doc fees $199
* Registion, title, etc $324
* 3 year maint $769.
* Residual value would normall be 64% of MSRP, but was higher $30,057 given some of the maint was rolled into it.
* $445/month....keep in mind that about $71 of this is taxes.
#985 of 1998 Re: Leased one finally...with residualized maint [mb_ryna]
Jul 22, 2011 (4:24 am)
Hmm. I have 2 questions:
1) when I leased my c300 sport here in florida, i
Rolled my maintenance in for $769 but it added $11 per month for 33 months. Did I overpay?
2) I also added autopay, but they didn't tell me I would be saving $7 a month. How does that work?
I just got my lease 2 days ago. Can I still go back and ask for these 2 fixes?
Please let me know ASAP.
#986 of 1998 To whom want to buy a MB recently
Jul 22, 2011 (8:50 pm)
The conquest rebate of MB is $4000 now, enjoy it!