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Mercedes-Benz C-Class: Lease Questions

599 messages,  Last post on Dec 02, 2009 at 7:59 AM

You are in the Mercedes-Benz C-Class Forum. Your Hosts are pat & karens

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


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#565 of 599
Re: 2009 C300 Sport [jwilliams2] by Car_man HOST
Sep 21, 2009 (1:44 am)
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Replying to: jwilliams2 (Sep 08, 2009 7:13 am)

Jwilliams2, were' talking about semantics here. Regardless of whether the dealer has to pay it or not, this charge technically is absolutely not part of the car's dealer invoice price. I've seen Mercedes-Benz official price sheets and this charge is not on there. Dealerships have lots of legitimate expenses, and advertising charges are one of them. The fact that this is a legitimate charge that all dealers have to pay does not make it part of the invoice price.
 
Dealers can cry that this is part of the invoice all they want, but then they should let consumers back out all of the money that Mercedes kicks back to them in terms of holdback and any other CSI-based, floorplan assistance, etc... that they get. I guarantee you that the money that dealers car back on back-end is well in excess of this small ad fee...but I never mention that to consumers. I'm trying to help people simplify the process by looking at the vehicle's actual price rather than including all sorts of random stuff.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#566 of 599
Re: First time lease, first Mercedes, thanks in advance [anilpandya] by Car_man HOST
Sep 21, 2009 (1:48 am)
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Replying to: anilpandya (Sep 08, 2009 1:28 pm)

Welcome anilpandya. Consumers use the special lease program that Mercedes-Benz is running on any version of the C300, regardless of what options the vehicle that they want has. Changing the options on a car will have an impact upon its monthly payment because it alters its pricing, but it should not have any impact upon the money factor that is used to calculate its monthly payment. If the model that you are interested in is less expensive than the one that was used to arrive at the advertised lease payment, then your monthly payment would be less.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#567 of 599
Re: 2009 C300 Sport [jwilliams2] by Car_man HOST
Sep 21, 2009 (1:49 am)
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Replying to: jwilliams2 (Sep 08, 2009 5:31 pm)

Jwilliams2, please see my post #565 for an explanation of why I am correct.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#568 of 599
Re: 2009 C300 Sport Money Factor / Residual [mrtrance] by Car_man HOST
Sep 21, 2009 (1:52 am)
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Replying to: mrtrance (Sep 19, 2009 10:52 pm)

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.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#569 of 599
Re: 2009 C300 Sport [Car_man] by jwilliams2
Sep 21, 2009 (6:12 am)
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Replying to: Car_man (Sep 21, 2009 1:44 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!
 
Thanks
#570 of 599
Re: 2009 C300 Sport Money Factor / Residual [Car_man] by shinakuma
Sep 21, 2009 (9:25 am)
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Replying to: Car_man (Sep 21, 2009 1:52 am)

Car_man
 
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 599
Re: 2009 C300 Sport Money Factor / Residual [shinakuma] by mrtrance
Sep 21, 2009 (10:29 am)
Reply

Replying to: shinakuma (Sep 21, 2009 9:25 am)

Shinakuma,
 
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 599
Re: 2009 C300 Sport Money Factor / Residual [mrtrance] by shinakuma
Sep 21, 2009 (11:13 am)
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Replying to: mrtrance (Sep 21, 2009 10:29 am)

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 599
Re: 2009 C300 Sport Money Factor / Residual [shinakuma] by mrtrance
Sep 21, 2009 (1:26 pm)
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Replying to: shinakuma (Sep 21, 2009 11:13 am)

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 599
Re: 2009 C300 Sport Money Factor / Residual [mrtrance] by shinakuma
Sep 21, 2009 (4:00 pm)
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Replying to: mrtrance (Sep 21, 2009 1:26 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?

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