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2013 and earlier-Mercedes-Benz C-Class Lease Questions
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Inventory for 2011 was low. I could have waited until August until even better deals, but figured that would only make a $10-15/month difference...so why risk it?
2011 4-matic, sports MSRP $46,195 (which includes the below)
* Steel Grey/Black $720
* P1 $1,995
* Rear Deck Spoiler $300
* Multimedia/Command $2,700
* Burl Walnut Wood Trim $325
* 18" AMG wheels $1,040
* Heated Seats $750
* Destination fee $875
Selling price $39,000 (about 11.1% off + 2000 conquest). I know some of you have received 12% off.
As far as the lease is concerned, here are the details:
* 3 year maint plan of $769 was mostly added to the residual, so that only added about $7/month.
* I walked away from the deal when the dealer would not lower the acquisition fee from $1095 to $795. They finally did.
* Traded in my 17 year old car for $1,000 and applied that towards ap cost reduction
* Signed up for Autopay and therefore saved about $7/month
* 33 month, 27,500 mile lease
* Gross Cap: 43425, less $1,000 reduction= $42425 adjusted cap
* The above cap includes $2,338 of tax (Maryland taxes sales price of car, not leased portion)
* Doc fees $199
* Registion, title, etc $324
* 3 year maint $769.
* Residual value would normall be 64% of MSRP, but was higher $30,057 given some of the maint was rolled into it.
* $445/month....keep in mind that about $71 of this is taxes.
1) when I leased my c300 sport here in florida, i
Rolled my maintenance in for $769 but it added $11 per month for 33 months. Did I overpay?
2) I also added autopay, but they didn't tell me I would be saving $7 a month. How does that work?
I just got my lease 2 days ago. Can I still go back and ask for these 2 fixes?
Please let me know ASAP.
Thanks.
You can certainly go back and ask, but I would think that once the deal is done and you are driving the car, they will not be too ready to re-do the entire deal because you found better numbers on the internet.
Sorry I made a calculation mistake...the maintenance ended up being $9/month, not $7. Yours could be $11 - just depends on the lease term and how much of the maintenance they residualized. This is standard MB corporate "stuff", so I don't think your dealer is playing any games that you could go back to and challenge them.
On the autopay, I had them run the payments with and without autopay. Dealer was trying to make me call customer care at a later date and sign up, but I told them I want it up front.
I agree with someone elses comment that was posted stating that the dealer most likely won't redo the deal.
Thanks. Jose.
Thanks
2011 C300 Sport
MSRP 42250
Selling price $37500 (includes $2000 conquest cash)
33 Months
63% residual
Money Factor 00.0109
$390 per month plus tax with $2200 out of pocket
Honestly, I'd wait until Aug 1 or later for even better deals. There is plenty of inventory out there for the 42,245 MSRP range so you don't have much risk of getting the color, etc you may want. Conquest is going on until 8/31.
Here is what they said:
1) There is an 8/31 conquest going on, but that is for those that have received a mailing.
2) For those that have not received a mailing, then conquest can be attained via dealers until 8/1.
Hopefully, we don't a different answer calling again. Here is the number if you want to get your own answer directly.
Call the MB Customer Care. Dial the roadside number (800-367-6372) and press the appropriate numbers to get to a rep. You'll need to punch in your phone number, select option 6, then option 4.
I just was quoted the following:
C300 sport with P1 package. MSRP $39,055
discounts are $5034 (includes conquest)
final selling price is $34,815 with dealer add ons
Here's the challenge:
Dealer is using different money factor than standard MB terms : .00139 (instead of .00109) to make "some money on the deal" . They are also jacking up the dealer prep to $1095 instead of the normal $795.
for 10K miles and 33 months, the payment comes to $431/month (includes tax).
Is this a good deal?
I guess i will have to take my chances on the conquest "expiring".
I'd give the final numbers to the dealer with a take it or leave it situation or go to another dealer. You have a good chance right now as it is the end of the month and some dealers need to make their quota. I'd only gamble for August if you want even a better deal than what you could get in July. Here is what it should be for July.
Selling price should be $32368 (MSRP $39,055, less 12%, less 2000 conquest). Okay...max of 32,600 if dealer is not giving as deep of a discount as I mentioed).
MF: .00109 (top tier credt)
Acquision Fee: 795 (which is what MB charges...don't let dealer mark it up)
One thing you may want to check as well when you go to another dealer is the residual value. It's set by MB and not by the dealer. I purchased in July and received 64% for 33 months, 10000 miles a year. It is my understanding that it's 63% when you go for 12,500 miles a year instead.
thanks for your help!
I also just learned that the information on the website for these cars are not accurate. They all claim to have rear airbags, which they don't, and the seats are plastic (MB-Tex). My wife and I were overwhelmed by the odor when we took a test drive, and we just assumed it was new car plastic from the dash, etc...
I didn't think there was a car out there over $30K without leather seats!
Thanks
G
Currently shopping for a 2011 C300. I have a 2008 that is very near end of its lease.
Here is the latest lease quote. Based on the numbers shared in this thread, it seems to be an awful deal, but I would love your feedback.
Options:
No Nav
P1 package
Sales price: $39,055
Discount: $4,173
Net Price $34,882
Doc, Bank and tax ($599 +836 + 41)
Total Price: $36,358
$0 down, 33 month lease; 7,500 miles/year; $443/month (includes tax)
Money factor .00109; Residual 63%
Here is the big issue that I have. No nav! 2012 is just about to come out. Surely, 2011 will become less valuable. Don't they want to move 2011s?
Plus so many other people in this thread had far higher MSRPs and ended up with far lower lease payments. I have verified the lease calc so that appears correct. It seems that the selling price is too high AND the discount is not deep enough. Your thoughts?
What am I missing? Should consider buying out of state? Is that even possible?
Lets say 39k and
12000 miles a year
top tier credit score and a
residual like 2011 rwd 300c
36 months period
if I pay 350 including the tax every month, what should be down payment for a real good deal. I do not wanna calculate it the other way because I do not wanna deal with salespeople. I will just choose the car and ask for the down.
This is in CA.
Thanks for your ideas in advance.
And IMO , no one should buy a 2011 right now. The new model is way advance than the old one in terms of interior design, exterior design, fuel efficiency and a lot more. Cause last year I leased an accord 2011 and at the end they give me the same rates as 2010 which seemed impossible when I start neg.
After being in school for a zillion years and working really hard, I have decided to lease this car:
2011 C300 Sport 4matic
Options: Burl Trim
Heated Seats
This is what they are quoting me (they're actually pressuring me pretty hard saying that this is an impeccable deal - they can probably tell I'm fresh meat in this game).
Selling price: 39,500
Term: 33 months/12000 miles per year
$2500 up front.
They said I qualified for the highest credit tier, and my monthly payments are $444 before taxes. Is this a good deal? They are charging me upfront for the lease acquisition fee of $895 (part of the 2500 upfront).
Thank you in advance for your help/input/advice.
The Payment sounds very high, and I wouldn't spend that much on a downpayment. I recently was offered a C300 that was 42k sticker for $390 a month plus tax with about 2k down.
According to what you wrote, the MSRP of a car with those options is 40,160 (assuming you paid for paint). So a selling price of 39500 is quite bad.
According to the lease calculator I used, you should be paying about $335 + tax.
Please send out details... mainly MSRP, residual % or amount, and money factor.
Regards,
DL :mad:
1) 33 mo, 13k miles
2) 33 mo, 15k miles
3) 36 mo, 13k miles
4) 36 mo, 15k miles
Thanks
So 2011 C300 Sport 4matic with P1 package, burl trim, heated seats
They claim MSRP: 42,110
Selling Price: 39,500 (I did not qualify for any conquest deal)
But I was told that I qualified for a rising star program that MB has since I have just graduated from school.
Lease term: 33 Months 12,000 miles/year
Upfront: $2500
Residual: 63% of MSRP
Money Factor: .00109
Payments are coming to $424 + tax.
They should take off another $2200 the sales price, their msrp is also appears inflated.
If they wont give u off go somewhere else.
Premium 1 Package
Palladium Silver Metallic
Heated Front Seats
MSRP is 41,830
Edmunds states the TMV is 37,322 With conquest cash (2000), the net sale price should be 35,322 (right?)
The lease would be 33 months, and I am looking into either 12k miles or 15k miles per year.
What would the residual percentage and money factor be?
I have been quoted $428 for 12k miles (dealer said this was 54%,0.00109 MF)and $455 for 15k miles (dealer said this was 53%,0.00109 MF).
Also, cash down includes $1000 acquisition fee and $499 doc fee. The acquisition fee seems high.
Are either of these negotiable?
Thanks for the help.
Yesterday;s offer:
2011 C300 Luxury Sedan
P1
NAV
Multimedia
$44,000 discounted to $40,000 (round #'s)
33 months
15,000 miles (my request)
Money factor .00099
Residual 61%
Acquisition Fee $895
I put down $3,000
Monthly payment = $373 Advice appreciated
with Ipod dock, AMG wheels, spoiler, wood trim, beige interior, red paint.
$450/mo with Tier B credit. (dealer claims my credit was a Turn down, then Tier4..then Tier3.. finally convincing the bank of giving me a Tier2)
$470/mo Tax in, 33 months, 12k miles. Sign and Drive
My friends with Tier1 got the same car with $435/mo Sign and Drive.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
I actually don't think that the selling price that you were quoted on this car is that bad. It's probably not much over dealer invoice minus the available owner loyalty cash. You may want to see if you can get the dealer to use one of its Customer Advocacy certificates on your deal to make it even more attractive. Other than that I don't see much room to negotiate here.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
The numbers for an otherwise identical 36 month lease are .00109 and 55%.
If you were to lease this car with 15,000 miles per year, its residual values would be 2% lower.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
33 months
$28,738 residual
I believe MF .00109
10,000 miles/year
$4,000 down
$795 acquisition fee
$920 Protection for You (prepaid maintenance)
$150 doc fee
$1.25 tire tax
Sales tax is 7%
$399.90 quoted payment
Quote I was given was $2,000 of MSRP plus $2,000 Conquest so price down to $40,435. I was told they would not come down a penny more. This payment doesn't seem right and from what I'm reading here, it seems they should come off MSRP more than $2k before the conquest amount. We have two dealers in town. Haven't been to the other yet but I will go there if anyone thinks getting a second quote would help.
If that is sufficient info, can anyone help and tell me if this payment seems accurate and if the price seems fair? Thanks.
2011 C300 Sport Sedan 4matic
P1
NAV
Multimedia
Heated seats
$44,000 discounted to $39,000 (rounded #'s)
33 months
15,000 miles
Money factor .00109
Residual 67%
Acquisition Fee $1095
Trade-in $7,000
Monthly payment = $298
Any input?
Thanks
Final numbers $1900 up front, 33 months @ $440 a month.
This includes $1500 loyalty cash rebate, and they are taking my current lease in 4 months early.
MB of Morristown NJ
Good?
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
2011 C300 Sport Sedan 4matic
options:
Iridium Silver Metallic
iPod Integration Kit
Panorama Sunroof
Heated Front Seats
Premium 1 Package
Lighting Package
18" AMG Wheels
Burl Walnut Wood Trim
MSRP: $45,645
Cap: $43,500
33 months
12,000 miles
Money factor .00099
Residual 63%
Trade-in $798
Sales Tax = 8.6%
Monthly payment = $605.20
They said that my trade in will cover all of the fees(acquisition fee & such).
Any input?
MB 2012 C300 sports 4matic
Options:
Multimedia Package
panorama sunroof
Heated front seats
36 months
15k/yr
MSRP: $45600
Selling price: $43628.29
residual value is $28272.00
Out of Pocket $2024
Monthly payment: $639 Inc taxes
It looks like a very bad deal but i dont know much about the residual and MF as well as the new 2012 model like if there are any special deals that i am not aware of. I have decent credit. Please Help!!!
monthly payment : $499
$2059 out of pocket.
MSRP is $44435
selling price $42000
the money factor is .00099 (Auto Pay)
residual : 22661.85
48 month lease with 15000 miles a year.
Please advise