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

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Comments

  • mb_rynamb_ryna Posts: 28
    mmenard - what are the details? MSRP, sale price, how many months, how much mileage....4matic or rwd?
  • msrp - 39440
    sale price - 33750
    33 months
    10k per year
    4matic
    money factor 0.00109

    thanks again.
  • mb_rynamb_ryna Posts: 28
    33750 sale price is great. That's a bit over 14% off MSRP. The sale price that you mention didn't factor in a trade or any special programs such as Conquest, right?

    If not, then the 14% is wonderful. I'll try to get the same or better. I have just started and am seeing 10%, but I'm sure it will do better as I go to dealer #2 and 3, etc.
  • nbtynbty Posts: 21
    Long Island ny
  • It did actually include conquest, so i guess in reality the price is really 35,750.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    You're welcome mb_ryna. A 9% discount from MSRP sounds reasonable to me.

    Car_man
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Congratulations on getting a great deal, nbty. Thanks for taking he time to stop back and let us all know how everything turned out. Enjoy your new ride :shades: !

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    I'd be happy to help you out, cagorm. Mercedes-Benz Financial's June buy rate lease money factor and residual value for a 36 month lease of a 2011 C300 with 12,000 miles per year are .00109 and 57%.

    The numbers for an otherwise identical 48 month lease are .00109 and 53%.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi cagorm. MB Finance's 12,000 mile per year residual values are 2% higher than its 15k residuals. Its 10,000 mile per year residuals are 3% higher than the 15k.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi mb_ryna. Dealers don't have the authority to alter banks' residual values. They are however often allowed to mark banks' money factors up to add additional hidden back-end profit to deals. That's why it is important to know what the buy rate is for the vehicle that you are interested in.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • exactly which dealer?
    need to lease asap and would like to deal with this dealership for these prices!
  • jpark1228jpark1228 Posts: 5
    Car_man,

    I'm new to this leasing procedure. If I have a credit score of 720, what can I expect on the money factor? It appears that MB top tier credit score is above 750 from what I've been reading.
  • rtlgururtlguru Posts: 1
    Hello everyone. I'm about to lease a C300. Can someone verify the conquest cash for BMW is $1500 for june?

    Also, is there really a savings for signing up for autopay? The dealer said that has been discontinued. Thanks!
  • mmenardmmenard Posts: 47
    I got $2000 conquest cash. Leased my car this past friday. I'm in CA
  • mb_rynamb_ryna Posts: 28
    Is the residual % calculated off of MSRP, negotiated price, or final price after incentives? For example, if the MSRP was $40,000, purchase price $36,000, and final price after incentives (such as conquest) of $34,000....then what is the residual based off of?

    Thanks,
  • kar_freakkar_freak Posts: 20
    Got the following deal:
    2011 C300 auto with wood trim and ipod
    MSRP: 37060
    33 months
    15k/year
    800 out of pocket
    424.84 per month including tax
    Got maintenance till 40k for 12/month so final payment was 436
    Also got tax credit so only paid 1.5% instead of 6.25%
    Sale price was 32268

    How did I do?
  • npanitsasnpanitsas Posts: 4
    Hi Car_man,

    For the 2011 C300, do the same buy rate lease money factor and residual values apply for June?

    2011 C300 Sport
    36mo/10k

    Thanks!
  • mb_rynamb_ryna Posts: 28
    kar_freak - sounds like you received about 13% off of MSRP. Did the dealer give you that discount or does this reduction include any special incentives (such as conquest, etc)?

    Thanks
  • npanitsasnpanitsas Posts: 4
    kar_freak,

    Great price on the C300. It's possible the dealer made up the difference on the interest rate, in this case about 5%.
  • mmenardmmenard Posts: 47
    This site has helped me a great deal so here's me giving back. Hope this help's anyone negotiating a C300 lease.

    C300 Sport Black/Black Tex
    Mulit-media package
    Rear view monitor
    Rear Deck Spoiler
    AMG wheels
    Heated seats
    7-speed automatic
    MSRP $41,315

    33 month lease, 7500 miles/year
    $1500 down payment
    $319/month + tax
  • mb_rynamb_ryna Posts: 28
    mmenard - thanks for sharing your good deal. How much did you get off of MSRP? Also, did you utilize any other discounts (such as conquest) to get the payments that low?
  • mmenardmmenard Posts: 47
    I got about 12% off MSRP and $2000 Conquest cash discount.
  • mb_rynamb_ryna Posts: 28
    mmenard. Sounds like you got a good deal. Was the money factor .00109?
  • cagormcagorm Posts: 34
    edited June 2011
    I leased a white C300 today with automatic transmission, Premium 1, multimedia, heated front seats, burl walnut trim and the $250 "R70" 18" wheels. MSRP on the car was $42,375. I paid $35,305 after the $2,000 conquest rebate inclusive of all dealer fees (processing, etc.). This comes out to about 12% off MSRP ($37,305/$42,375 = 88%) and the Conquest cash on top of that.

    I leased the car for 48 months at 12,000 miles per year. Residual is 53% and money factor is .00109.

    MSRP - $42,375
    Residual - $22,459
    Depreciation - $15,967

    Sales price (inclusive of dealer fees) - $35,305
    Title/registration - $183
    Maryland taxes* - $2,142
    MBZ acquisition fee - $795
    Gross cap cost - $38,425
    Payments - 48 @ 399 per month

    Thanks to Car_man and others for providing such valuable information to help navigate through these transactions.

    * Like some other states, MD charges sales tax on the full purchase price of the vehicle
  • cagormcagorm Posts: 34
    I forgot to mention that I put $0 down. The only cash out of pocket was my first payment of $399.
  • kar_freakkar_freak Posts: 20
    mb_ryna - It was purely a discount from the dealer, no special incentives. I got a feeling for bottom line from other delaers and made an offer. Including tax (1.5% with tax credits) and aquisition fees, etc., I believe the net cap cost was around $33,500. They even gave me a loaner for a week until the car arrived.

    Thanks
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi jpark1228. A credit score of 720 is definitely high enough to qualify for Mercedes-Benz Finance's best available special money factors. Its current buy rate lease money factor for a 36 month lease of a 2011 C300 is .00109.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi npanitsas. Mercedes-Benz Financial's June buy rate lease money factor and residual value for a 36 month lease of a 2011 C300 Sedan with 10,000 miles per year are .00109 and 58%, respectively for consumers who qualify for its top credit tiers.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • mb_rynamb_ryna Posts: 28
    Carman, can you please provide July MF and residuals for:

    1) C Class, 4matic sports, 10K miles/year for 30, 33, and 36 months
    2) E-Class, 4matic, 10k/year for 30, 33 and 36 months.

    Also, do you know if conquest is still going on for July or if there are any other incentives?

    Thanks for all of your help!
This discussion has been closed.