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General Leasing Tips & Tricks?

ytseattleytseattle Member Posts: 7
edited September 2016 in Mercedes-Benz
I'm trying to lease a loaded 2016 C300 4Matic. (I've never lease a car before)
I've done fair amount of research on lease and what I can/should negotiate with the latest numbers that I asked here (MF, residual, etc.)

But how should I approach lease? If I start asking about cap cost, residual value and such they'll know I'm leasing...
Or should I be upfront and say I'm leasing and work the numbers after?
Somewhere I read that you should never tell about buying method (cash, finance or lease) until the end...

Comments

  • kyfdxkyfdx Moderator Posts: 236,830
    ytseattle said:

    I'm trying to lease a loaded 2016 C300 4Matic. (I've never lease a car before)
    I've done fair amount of research on lease and what I can/should negotiate with the latest numbers that I asked here (MF, residual, etc.)

    But how should I approach lease? If I start asking about cap cost, residual value and such they'll know I'm leasing...
    Or should I be upfront and say I'm leasing and work the numbers after?
    Somewhere I read that you should never tell about buying method (cash, finance or lease) until the end...

    If you want to lease, say you want to lease. Why waste time?

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  • TheStarTheStar Member Posts: 6
    What you want to discuss is definitely the cap cost - i.e. the actual cost of the vehicle. I usually talk in terms of invoice - how much at/ under invoice is dealer willing to come? All other numbers (money factor, residuals, etc) are NOT controlled by a dealer and are not subject to negotiation. One last advice when leasing - NEVER put anything down, roll EVERYTHING (including taxes) into the lease. Drive-off payment should be 1st month and DMV fees, nothing else.
  • TheStarTheStar Member Posts: 6
    By the way - no need to hid you are leasing from the dealer. Kinda silly to do that IMHO. And contact a few lease brokers to get price quotes - they are usually lowest quote.
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