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2014 Mercedes-Benz CLA Prices Paid and Purchase Experience

rashidirashidi Posts: 18
edited February 20 in Mercedes-Benz

Leave your comments about your purchase experience and any tips/advice you have for a Mercedes CLA purchase.

Comments

  • rashidirashidi Posts: 18

    The Edmunds forum was a HUGE help.

    Got my CLA $1200 below invoice (READ ON) ; sticker MSRP $32600 $500 processing fee $1095 lease acquisition

    if you take out the processing fee and overcharge on the lease acquisition --- you can say the car price was at $500-600 below invoice. DC Dealers were asking near full MSRP.... got this deal in CT.

    Looked at the IS250 for the exact same monthly payment; but CLA won on seat comfort, fuel economy, roomy interior and LOOKS!

    Had 2 new mercedes before (ML320 + E500)... both had major repairs in 30k miles (including transmission). This CLA250 lasted 30 days (1000 miles) before needing a dealer warranty repair for non-operating wipers (wiper motor gave up).

    Love/Hate relation... love the car, hate the dealer visits for breakdowns.

  • Kirstie_HKirstie_H Posts: 10,876

    Thanks for kicking off the discussion by sharing your experience. Congrats on the vehicle, and we wish you more love than hate in the future!

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  • mpgxsvcdmpgxsvcd Posts: 43

    @rashidi said: The Edmunds forum was a HUGE help.

    Got my CLA $1200 below invoice (READ ON) ; sticker MSRP $32600 $500 processing fee $1095 lease acquisition

    if you take out the processing fee and overcharge on the lease acquisition --- you can say the car price was at $500-600 below invoice. DC Dealers were asking near full MSRP.... got this deal in CT.

    Would you mind sharing the specifics of your lease? What was the MSRP, Selling price, residual, money factor, and monthly payment excluding tax? My guess is that they jacked your money factor up by the equivalent of the total discount they gave you on the car.

    No one will sell a CLA that far below invoice right now. It is all too easy to make a lease sound great when it really is not.

  • rashidirashidi Posts: 18
    edited February 26

    mpgxsvcd ; you are correct the "processing fee" and "acquisition fee" are jacked up which puts pricing at ~$500 below invoice, that is why I stated "read on" in my original post.

    ... i got lease quotes from $375 - $500 monthly payment for the same car. I thought $349/mo for the following terms was good.

    • MSRP on Sticker --- $32600
    • Selling price --- $29200
    • dealer fee -- $500
    • acquisition fee -- $1095
    • residual $21549
    • money factor === .00162
    • monthly payment $349/mo
    • 12k miles/year ; 36 months
    • $2500 total out of pocket (covers mostly taxes plus some down payment)
    • tax ~$1800 MD Tax (maryland is high at 6% of $29200)
    • no trade-in

    hope this is helpful to buyers... edmunds forum was really helpful to me.

  • mpgxsvcdmpgxsvcd Posts: 43
    edited March 11

    @rashidi

    I ran the numbers on that lease and it actually should have been $322 if you use those numbers. They basically gave you a $2450 discount instead of the $3400 you thought you were getting. The actual selling price of the car was $30150 and not $29200 like they told you. It is a shame that so many dealers to this to honest customers.

    They gave you a significant discount which is great but it wasn't quite what you thought they were giving you. Overall that is a fair price though. Getting that large of a discount is great on the CLA right now. I have had dealers try to charge me $2500 ABOVE MSRP so going the same amount the other way is much better.

    Your taxes are really high as well but that is not the dealers fault.

  • cso23cso23 Posts: 4

    Trying to figure out the numbers for a good lease of a CLA 36 months 15K with a True Market Value of 36.000 (seems like this is close to MSRP for this car). Also not looking to put any down for CCR.

    Residual value? Money factor? Fees that are non-negocible?

    Does the true market value (which i got from Edmunds), does it sound accurate?

    Thank you.

  • bluezenobluezeno Posts: 1
    edited March 23

    I'm looking to lease my first car: Mercedes CLA. Below are the stats. I think this is a reasonable deal. I'd really appreciate it if someone else can confirm this as well. Thank you so much.

    MSRP: 41735

    Depreciation (65%): 27127.75

    Money factor: 0.00162

    12,000 miles/year for 3 years

    Tax: 5.6%

    Acquisition fee: 795.00

    Service fee: 168.00

    Down payment: $1,000

    Maintenance package: included

    Monthly payment: $498.27

  • mpgxsvcdmpgxsvcd Posts: 43

    @bluezeno said: I'm looking to lease my first car: Mercedes CLA. Below are the stats. I think this is a reasonable deal. I'd really appreciate it if someone else can confirm this as well. Thank you so much.

    There is not enough information there to tell you if it is good or not. We need to know the total amount of money you will pay at signing and how your state's taxes are calculated. Is the Acquisition fee rolled into the lease?

    If nothing is rolled into the lease then the payment should have been $489 if you got a 2% discount on the vehicle. $498 would be with only a 1% discount. Plus the money factor for March should have been .00145 and not .00162. They were sticking in extra profit there.

  • jbnjjbnj Posts: 9

    hi, what is the April/May money factor and residue for 36 mos 10k miles/per yr please?

  • MichaellMichaell ColoradoPosts: 5,135

    @jbnj said: hi, what is the April/May money factor and residue for 36 mos 10k miles/per yr please?

    .00145 and 66%

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  • ducat13ducat13 Posts: 8

    Can you please provide May MF and residuals for 10K miles per year on whatever available shorter term leases MBFS offers (i.e. less than 36 months)?

    Thanks!

  • MichaellMichaell ColoradoPosts: 5,135

    @ducat13 said: Can you please provide May MF and residuals for 10K miles per year on whatever available shorter term leases MBFS offers (i.e. less than 36 months)?

    Thanks!

    .00145 and 71% for 24mo and 10k

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  • dustin362dustin362 Posts: 1

    2014 CLA250: MSRP: $38,375.00 with metallic paint, P1, Sport package, heated front seats, 18" wheels, bi xenon headlamps, panoramic sunroof. Purchase Price: $37,375.00 (after $1,000 discount) Capitalized cost $38522.18 includes acquisition fee. 36 mos. lease, 10k/year, $1,700 down covers first payment, license, registration, processing fees. MF 0.00185 66% residual which is $25,327.50 optional buyout after lease ends. Monthly Lease Payment: $458 (includes tax). I have good credit with a score of 702, negotiated with the dealership, they said its their final offer. Seems like a decent deal but input from others would be great. I might goto the dealership to pick it up tomorrow, is it a good deal? Or is a 2014 E350 Sedan with no options the same price?

  • MichaellMichaell ColoradoPosts: 5,135

    @dustin362 said: 2014 CLA250: MSRP: $38,375.00 with metallic paint, P1, Sport package, heated front seats, 18" wheels, bi xenon headlamps, panoramic sunroof. Purchase Price: $37,375.00 (after $1,000 discount) Capitalized cost $38522.18 includes acquisition fee. 36 mos. lease, 10k/year, $1,700 down covers first payment, license, registration, processing fees. MF 0.00185 66% residual which is $25,327.50 optional buyout after lease ends. Monthly Lease Payment: $458 (includes tax). I have good credit with a score of 702, negotiated with the dealership, they said its their final offer. Seems like a decent deal but input from others would be great. I might goto the dealership to pick it up tomorrow, is it a good deal? Or is a 2014 E350 Sedan with no options the same price?

    Hmmm, when I plug in your numbers I get a pre-tax payment of $484.64, so I'm not sure where the dealer is getting a $458/mo payment.

    Of course, the new MB numbers come out today, so I can't yet comment if the residual and MF are the same as what you were quoted yesterday.

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  • car_aholiccar_aholic Posts: 4

    Michaell, Can you post MBFS MF/Residual rates for June? Also my current credit score is 700, will that qualify me for the Top-Tier rate? Thanks!

  • kyfdxkyfdx Posts: 28,743

    @car_aholic said: Michaell, Can you post MBFS MF/Residual rates for June? Also my current credit score is 700, will that qualify me for the Top-Tier rate? Thanks!

    2014 CLA250: .00145 MF and 63% residual for 36mo, 15K/yr.

    700 should be enough for top-tier, if your credit qualifies, otherwise.

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  • car_aholiccar_aholic Posts: 4

    Great, thank you so much! B)

  • ga_ttga_tt Posts: 4

    Can you provide the MF and Residual for a 2014 CLA45

    36 mo @ 10k per year 48 mo @‌ 10k per year

    Thanks!!!

  • MichaellMichaell ColoradoPosts: 5,135

    @ga_tt said: Can you provide the MF and Residual for a 2014 CLA45

    36 mo @ 10k per year 48 mo @‌ 10k per year

    Thanks!!!

    Standard MF is used (.00195 to .00225) and either 59% (36/10) or 52% (48/10) residual

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  • ga_ttga_tt Posts: 4

    Thank you!

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