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2014 Mercedes-Benz C-Class Lease Questions

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  • kyfdxkyfdx Posts: 28,025

    .00145 MF and 65% residual for 36mo, 12K/yr. 24 month residual is just 4% higher.

    Other than the strong residual, no apparent incentives.

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  • jason156jason156 Posts: 7
    Why does it matter how much of the down payment goes towards the cap cost reduction? Is that negotiable?
  • MichaellMichaell ColoradoPosts: 3,775

    @jason156 said: Why does it matter how much of the down payment goes towards the cap cost reduction? Is that negotiable?

    It matters because we don't recommend doing it. Any down payment on a lease is lost if the car is stolen or totaled. Up front money should only go to the first payment and any fees or taxes due.

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  • stockguy39stockguy39 Posts: 5

    Hi all, could really use your help. First time leasing and got two offers proposed to me on a C250 Sedan.

    1. 27 months 7.5k miles a year. Vehicle MSRP $38,810, Sale Price $34,430, Cap Reduction $694, Adj Cap Cost 33,735, Money Factor 0.00101. Residual 69%, Residual $26,778. First Month, taxes, title, registration, down payment and etc. $2500. then 26 months of $344.

    2. 27 months 10k a year. Vehicle MSRP $38,810, Sale Price $34,430, Cap Reduction $680, Adj Cap Cost 33,750, Money Factor 0.00101. Residual 68%, Residual $26,390. First Month, taxes, title, registration, down payment and etc. $2500. then 26 months of $360.

    Can anyone tell me if this is a good deal? I really have no clue.

  • MichaellMichaell ColoradoPosts: 3,775

    @stockguy39 said: Hi all, could really use your help. First time leasing and got two offers proposed to me on a C250 Sedan.

    1. 27 months 7.5k miles a year. Vehicle MSRP $38,810, Sale Price $34,430, Cap Reduction $694, Adj Cap Cost 33,735, Money Factor 0.00101. Residual 69%, Residual $26,778. First Month, taxes, title, registration, down payment and etc. $2500. then 26 months of $344.

    2. 27 months 10k a year. Vehicle MSRP $38,810, Sale Price $34,430, Cap Reduction $680, Adj Cap Cost 33,750, Money Factor 0.00101. Residual 68%, Residual $26,390. First Month, taxes, title, registration, down payment and etc. $2500. then 26 months of $360.

    Can anyone tell me if this is a good deal? I really have no clue.

    Base MF of .00101 on both offers, so that's good. The only other place to negotiate is on the sale price, but not sure if you can do better than what you're already getting.

    Seems to be pretty decent deals to me.

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  • mbn00bmbn00b Posts: 8

    First time leasee on 2014 C250. Got a quote for MSRP 43,900 (don't know the MF/Residual) for 27 mo, 2499 down, 12K, 397w/tax. Menlo Park. Is this a good deal? Any guidance appreciated. Again, don't know if 2499 is all-inclusive. Will clarify with quoted dealer.

  • MichaellMichaell ColoradoPosts: 3,775

    @mbn00b said: First time leasee on 2014 C250. Got a quote for MSRP 43,900 (don't know the MF/Residual) for 27 mo, 2499 down, 12K, 397w/tax. Menlo Park. Is this a good deal? Any guidance appreciated. Again, don't know if 2499 is all-inclusive. Will clarify with quoted dealer.

    In addition to the break down of the $2499, also get the negotiated selling price.

    Under $400/mo with tax is a pretty good deal on a car that stickers for $44K, but there may be room to do better.

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  • mbn00bmbn00b Posts: 8

    @Michaell said: Under $400/mo with tax is a pretty good deal on a car that stickers for $44K, but there may be room to do better.

    Thanks, Michaell. Yes, I will find that out as well.

  • mbn00bmbn00b Posts: 8

    Hi Michaell:

    The original quote did not have the Lane Departure package, Lighting package. So, got a new quote on a model (Dinamica seats however) which had both options.

    MSRP: 48000 27 mo 15K-miles 3K down (drive away price), Wheel protection ($1295), Lease protection ($1495) thrown in. Dealer quoting $540/mo all inclusive. MF=0.00101, 8K dealer incentive, I believe.

    (a) Is this a fair deal (b) What are your thoughts on the Dinamica seats? Are those better or should I stick with the one with MBTex?

    As always, appreciate your guidance.

  • MichaellMichaell ColoradoPosts: 3,775

    @mbn00b said: Hi Michaell:

    The original quote did not have the Lane Departure package, Lighting package. So, got a new quote on a model (Dinamica seats however) which had both options.

    MSRP: 48000 27 mo 15K-miles 3K down (drive away price), Wheel protection ($1295), Lease protection ($1495) thrown in. Dealer quoting $540/mo all inclusive. MF=0.00101, 8K dealer incentive, I believe.

    (a) Is this a fair deal (b) What are your thoughts on the Dinamica seats? Are those better or should I stick with the one with MBTex?

    As always, appreciate your guidance.

    Base MF is being used, so that is good. What is the negotiated selling price? How much of the $3000 down is being used for cap cost reduction?

    Seems a fair deal, but might be able to do better.

    I've no opinion on the seats - the only thing I have to compare it to is my daughter's two MINIs - the first had the 'Sensotec' or vinyl, while her current car has the real thing. I can't really tell the difference.

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  • mbn00bmbn00b Posts: 8

    Thanks, Michaell. AFAIK, none of the down is being used for cap cost reduction. The price dealer used is 41272, it seems. BTW, my bad for the typo. It was for 12K and not 15K. What do you think? Any scope to negotiate further?

  • mbn00bmbn00b Posts: 8

    @Michaell said: I've no opinion on the seats - the only thing I have to compare it to is my daughter's two MINIs - the first had the 'Sensotec' or vinyl, while her current car has the real thing. I can't really tell the difference.

    Sorry for the re-post. But forgot to quote.

    Thanks, Michaell. AFAIK, none of the down is being used for cap cost reduction. The price dealer used is 41272, it seems. BTW, my bad for the typo. It was for 12K and not 15K. What do you think? Any scope to negotiate further?

  • MichaellMichaell ColoradoPosts: 3,775

    @mbn00b said: Thanks, Michaell. AFAIK, none of the down is being used for cap cost reduction. The price dealer used is 41272, it seems. BTW, my bad for the typo. It was for 12K and not 15K. What do you think? Any scope to negotiate further?

    OK, using the MSRP of $48K and the cap cost of $41,272, along with the base MF of .00101 and the 27/12 residual of 67%, I get a pre-tax payment of $411.65.

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  • mbn00bmbn00b Posts: 8

    @Michaell said: OK, using the MSRP of $48K and the cap cost of $41,272, along with the base MF of .00101 and the 27/12 residual of 67%, I get a pre-tax payment of $411.65.

    Hi Michaell:

    Thanks for your help as always.

    Did you include the Wheel warranty ($1295) and Lease protection ($1495)? The price that I had was with those included? What do you think?

  • MichaellMichaell ColoradoPosts: 3,775

    @mbn00b said: Did you include the Wheel warranty ($1295) and Lease protection ($1495)? The price that I had was with those included? What do you think?

    If the $41K includes those costs, then you've got a great deal.

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  • mbn00bmbn00b Posts: 8

    @Michaell said: If the $41K includes those costs, then you've got a great deal.

    Hi Michaell:

    Thanks. I'm not sure if the $41K included the protection packages (I'm pretty sure it does not), the final per month cost of $540 is all inclusive (protection pacakge+taxes). Does that make sense given that your numbers are at 411.65 w/o tax. Again, please pardon my ignorance. I'm an absolute n00b. :(

  • MichaellMichaell ColoradoPosts: 3,775

    @mbn00b said: I'm not sure if the $41K included the protection packages (I'm pretty sure it does not), the final per month cost of $540 is all inclusive (protection pacakge+taxes). Does that make sense given that your numbers are at 411.65 w/o tax. Again, please pardon my ignorance. I'm an absolute n00b.

    We're here to help. :smile:

    If I add in the packages, that would add about $100/mo to your payment ($2700/27 months), so the quote of $540/mo seems about right.

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  • mbn00bmbn00b Posts: 8

    @Michaell said: If I add in the packages, that would add about $100/mo to your payment ($2700/27 months), so the quote of $540/mo seems about right.

    Thanks, Michaell. You have been such a great help! Appreciate it. :)

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