Mercedes C-300 Luxury Lease question
kingsalu
Member Posts: 20
Need comments on the following deal:
2014 C-300 with Premium package1, Navigation (but no Multi Media package).
10k per yeart
27 month lease
Down (including title, tax registration, bank fee, cap cost reduction, etching, prep fees etc.) = $3500
Per month = $330
2 year Oil Change = Free
0
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Answers
We would need an MSRP and selling price to give any sort of opinion. Also, if that includes tax, what state?
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Not sure exactly but MSRP was around 43k and selling was 38k. State is NJ. $3500 includes everything (OTD).
They have a pretty strong 27 month lease program on that model, this month. .00089 MF and 69% residual for 27mo, 10K/yr. With an MSRP of $43K and selling price of $38K, I get $368/mo, with no CAP cost reduction...
$3500 is probably $795 acq.fee, $750 sales tax, $400 registration, $330 1st payment, $300 dealer fee (?). That leaves about $1000 as a CCR.
With $1000 as a cap cost reduction, that puts the payment down to $330/mo..
So, pretty good, huh?
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