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2013 and earlier-Mercedes-Benz C-Class Lease Questions

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  • Quoted for lease on a C300 with automatic transmission, metallic paint, Premium I, ipod integration kit & 6 disc cd. MSRP around $36k. Deal was $469 inc. tax on 39 month lease with $1500 total drive off. I dont know every detail on the deal as I just glanced at the printed offer as I was walking out on them but selling price was in the $32,000s (ie below invoice). Don't know how many miles per year. I currently have a benz, not sure if there is extra incentive for some sort of loyalty program or not.

    Seems like a pretty aggressive deal but I didnt go there to buy today as I'm not sure if the C300 is my final choice, just wanted to know how much it would lease for to compare it to my other options. Just thought I'd post this up here for an FYI and also to see what the opinions are of this particular deal.

    This was at Keyes on Van Nuys, Los Angeles area, through their internet/fleet manager. They had over 40 C class in stock, I guess they just got a shipment a couple of weeks ago.
  • gforce11gforce11 Posts: 225
    That actually looks like a pretty good deal. I wasn't aware that the C300s could go below invoice since they are relatively new. if you can post the 39mo rates, that would be great.
  • the money factor was the same as 36 month at .0026 but i think they were using a higher residual value of 58% in their numbers since the end of lease value was over $21k. Not sure if it's possible but my goal is to get between 1-2k below invoice to get the numbers where I want them, otherwise it might be the 328i is the better way to go. Just got an email from BMW saying that they have added special lease rates and incentives as of the 10th, but that is a topic for a different forum...
  • choppe01choppe01 Posts: 8
    Hey theodore. I'm looking for that exact same deal. Can you email me who you got that deal from? nayzak@hotmail.com. It was Penske MB in West Covina right?
  • david2udavid2u Posts: 38
    I wish I could find that deal here on Long Island!

    The best I ot on the same car as your's was 490.00 + everything up front.

    May have to drive out there and jump on it.
  • I got the following deal today. Is this a good deal or bad deal? Let me know ASAP please so I can take advantage of it if it is a good deal

    C300 sport sedan w/automatic transmission
    Premium II package
    Multimedia package
    Ipod integration kit

    39 months
    12,000 miles/yr
    $2,000 total drive off
    $510 (8.25% tax already included) monthly payment
    $23,577 residual

    Please let me know. Any comments are greatly appreciated. Thanks.
  • Exterior color is non-metallic black
    Interior is gray
  • avatar1avatar1 Posts: 32
    Here's what is available here:
    2009 Lux C300 4-matic
    - multi-media (nav)
    - P1pkg
    -TeleAid
    - Factory ipod conn.

    27 mo lease, $4K down - $499/mo
  • ghstudioghstudio Posts: 968
    so just take that $4000 and divide it by 27 months and you find that your real lease cost is $647 a month. Not a very good deal except for those who only look at the monthly payments. Now you can compare this offer to leases on other cars but compare all the cars with a "no money down" lease.
  • jas121jas121 Posts: 9
    First off, thanks to everyone. The info I've received from this board makes the dealer negotiation so much better.

    I am looking to lease a 09 C300 base model .. only addition is automatic trans. The sticker is around 33k. I am negotiation a selling price of 29895 for a 24mo lease w/ 12k mi/yr. Because I am upside down in my trade-in I will be putting down $750 cap cost reduction (1250 going to pay off my trade ). Trying to get a payment around 450/mo after tax (6.5%).

    The dealer said he was close .... was wondering if this seems do-able or is the dealer just trying to get me to come back. Additionally was wondering if the 24mo lease is in fact the best deal.
    Thanks!!
  • shyamyshyamy Posts: 23
    Hi guys,
    Am a total newbie here and trying to absorb all the lease jargon.
    Had a quick question - the residual value seems to be a hot topic but if I dont intend to buy the car after the lease period ends, do I even need to worry about it? does it have any other implication?

    Apologise if I'm repeating this question. Appreciate any responses. thanks!
  • Yes, Shyamy. It has a very significant consequence. Assuming the same money factor (ie, interest payment), the higher the residual value, the lower your payment. The reason being that you are essentially financing the depreciation in the value of the car. So the less depreciation, the better your deal.
  • As soccerandlost states, you finance the depreciation. So you need to focus on getting the lowest sale price and find a car with the highest residual value for the term you wish to lease. That will ensure your payments are lower than those who don't bother to negotiate the sale price and/or find a car with high residual value.

    G
  • I currently own an 07 Camry. I am upside down about 2000 -2500. I want to lease an 08 or an 09 base model automatic C300, approximate price is 33,000. I am hoping to get my payment UNDER 500. Do you think that is possible. I went to a dealer today and he said he'd try, that it might work. I just want to know if I'm even in the right ball park. Please help. Thank you.
  • Hello all,

    I received the following offer from a local dealer. I have not yet obtained the actual selling price, MF or residual, but these are the hard numbers.

    C300 Sport, Automatic, MSRP 34900
    36 month lease, 12K miles
    $650 total down (includes 1st month payment, fees, taxes, etc..)
    $459 a month (includes taxes, which are quite high here)

    Is this a "good" deal?

    Thanks!
  • To me, it looks like an excellent deal. I live in NJ and was offered 3500 down and $459 per month for a C300 sport with automatic. Which state are you in?
  • ab219 - What dealer are you working with?

    Matt
    eights38@gmail.com
  • Matt - I went to Morristown and Bridgewater in NJ - Millenium.
  • I could probably extrapolate to some ballpark degree, but you really need to know your cap cost, money factor, and residual rate to determine if it's a "good deal".
  • halcuthalcut Posts: 4
    Hi guys,

    I was wondering if all you experts can help and share your thoughts on this for me...would really appreciate it.

    I have a Benz 2005 c230 kompressor on a 3 yr lease with Ray Catena, NJ which expires on Nov 2008.

    My buy out option price reads 21.5k including taxes, my Benz has only 25,000 miles used on it and is very well taken care off...what are your suggestions - should I buy my Benz out.. interest rate on the buy out option is pretty high at 7.1 apr????? Also do you think I can negotiate the price and the interest rate? With the economy so bad and the state of the auto industry, I was thinking I should be getting better deal than this. What are your thoughts?

    Any help would be greatly appreciated. Thanks in advance.
  • I heard there may be some new 2009 C300 incentives announced this week. This info came from dealership personnel. Anyone else heard this?? Any details?
  • Dude you are going to the expensive part of town so don't expect make a deal. I would say try South Jersey(Asbury Park etc) & LI dealers.
  • cneffcneff Posts: 65
    If you really like the car and if you leased through MBUSA ask them for a quote to extend the lease for a year as you should still be under warranty. They may offer a monthly rate much lower then you have now and no fees to do it.

    I've done this on a few of my MB leases and it was painless
  • Hey everyone. I was just wondering with a 637 beacon can i finance a used 04 C Kompressor? Through mercedes?
  • Hi car_man,

    Looking for the MF and residuals for 10kmiles/year for 36 months on the 2008 and 2009 c300 luxury. Thanks!
  • Hi CarMan,
    Looking for the money factor and residual for 12k miles, 36mo lease of a 2008 or 2009 C300 Sport w premium package.
    Thanks a lot!
  • Hi I'm Russell,
    I am from Los Angeles, CA. I am a first time car buyer. I have a credit score of 680. Looking to lease a 2009 C300 Sports Sedan. I am interested in leasing it with the multi media package.

    (I got these numbers from the MBZ website.)
    Base MSRP....... $33,775
    Multi-Media Package...$2,980
    Total.........$36,755

    I want to lease for 24 months, 12k miles per year.
    I have a down payment of $2000.
    Monthly for the car is $778.
    (These are all numbers from the MBZ website)

    I am willing to pay $450-$500 a month.

    Any tips and advice on how to bring my monthly down?
  • First step is to negotiate a good selling price. You should be able to easily get under invoice these days. I am negotiating for c300 sport 4matic right now, and I got quotes $2000 below invoice from three different dealers in DC Metro area. So I think it is very much possible.

    Then the rest, residual value and money factor are hard to change with MB finance. I hear that dealers sometimes increase the residual value but I wouldn't count on it. Money Factor varies with your credit too.

    If you take a 39 month lease, your payment could be under $400. I am not so sure about keeping it under $500 for a 24 month lease.

    Good luck!
  • Excuse me for posting in this forum and the "prices paid" forum in advanced...

    I like the guy that I work with at MB in the Bay Area but I just discovered this wonderful message board so it doesn't hurt to receive feedback...

    I'm looking at the following:
    Description ................................ INVOICE / MSRP
    C300 Sport White on Black.......... $29,853 / $32,100
    Option 320: Multimedia................ $2,771 / $2,980
    7-Speed Automatic Transmission.. $1,358 / $1,460
    Burl Walnut Wood (uugh).............. $288 / $310
    iPod Integration .......................... $349 / $375
    SUBTOTAL ................................ $34,619 / $37,225
    Transportation and Handling ......... $875 / $875
    IRG Participation ......................... $500 / -- (this is some new weird fee)
    TOTALS ..................................... $35,994 / $38,100

    My price on the car would be $34,500 (about $1500 under invoice). The terms of the lease are as follows.
    39 months
    10K miles / year
    Money Factor = .0025 (or 6%)
    Residual = 57%

    Out the door = 1st payment, reg/licensing and tax or $920.
    Monthly = $499 + CA tax (or a total of $540/month)

    Any thoughts? He let me know that his buy rate on the Money Factor is .002... so do I work him for the extra .0005?

    Thanks!
  • "He let me know that his buy rate on the Money Factor is .002... so do I work him for the extra .0005?"

    ABSOLUTELY!
This discussion has been closed.