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Second, the 36/7.5 lease numbers on the 2015 C300 4Matic are .00119 and 63%.
Use the following article to build your own spreadsheet to calculate the lease payment:
http://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html
And, I think you can get more of a discount from sticker than what the dealer is offering - you might want to reach out to a number of dealers and get them to negotiate against one another.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I came up with these numbers with spreadsheet:
MSRP 49000. sales price after 12% off and then another $1250 off.
36mo, 7500 mi, 0.00119, 63% residual, also assuming 795 accuisition fee, 510 doc,title,registration fee
including MA 6.25% tax
0 down: 457
1000 down: 426
3500 down: 349 (I will take your advice and try to pay less or equal to $1000 upfront)
I will try the other dealership today. They said over the phone they are doing 12% off MSRP and another $1250 manufacturer incentive. From that price, if they use correct formula, base MF, and residual, I should get price close to the above, right? I will post experience tonight.
Are you adding in the fees to this?
Money due at signing is not the same thing as a down payment ... the acquisition fee, doc fee, title and registration costs are due up front, or can be added into the cap cost.
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2016 C-300
36 months/7500 miles
Pennsylvania 9%
MSRP 46,320
Sale price 40,280
MF .00152
Residual - I think 64%. Forgot to write it down but it seems to work with the numbers
Acq fee - 995 (a bit high I know)
Doc/ gov fees 382.14
Due at signing - 1,815 (includes acq/doc/gov fees and first month payment)
Monthly payment $437.86 - auto pay will bring it down another 4-5 dollars so say $433
The numbers seem to work out ok if I'm doing the math correctly. Mostly curious if the sale price should be lower or if it, and the monthly payment, seem reasonable.
Thanks for any input you can give.
Can you make it on 7.5K mi/yr? 10K/yr only adds $13.25 per month.. That's cheap for an extra 7500 miles
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7500 should be fine. Turning in a 24 month lease and put on less than 9000 total. I'm glad to hear the numbers seem to come out right, but was wondering if the sales price/monthly payment seemed a little high and I should try to get them lower or if the whole deal seemed reasonable. Thanks
c300 4MATIC 2015
MSRP 49020
Sale Price 41138 (seems like 12% off and $2000 off)
7500miles 36mo
Residual 31032.60
excess mileage charge: 25 c
disposition fee: 595
Pre-tax monthly: 399.38
Monthly: 424.34 (MA 6.25% tax)
Due at sign
1st mo: 424.34
doc fee: 395
acquisition fee: 1095
fees and ins: 132.5 (wth is this?)
upfront taxes: 68.44 (tax on what? too high for 1st month payment tax)
total 2115.28 due at sign
When making deal, I knew acq fee is marked up and it wasn't Base MF(I couldn't back out number on spot, now i have it tho, calculated to be 0.001646! I qualified for tier 1 there with 725 score), but discount was about 1000 more than my initial expectation so I decided to take it as it was getting offset a bit. Then I parted with sales person and was greeted by somewhat pushy and rude business manager who tried to sell me 3yr/30k prepaid maintenance for $850 (23.5 or so for 3yr). He was BSing that it's like $1250 if purchasing a car, you are leasing so you get discount blah blah great deal, most of benz lessors get it stuff. I'm on 36mo 75k lease and this was total BS. I would not even hit 20k when I return the car and why get 3rd year service when returning car at the end of 3rd year...? He was being rude so it made me rethink about the whole deal again. I walked away because it was 8:30PM already. I honestly could have taken it if he offered fair deal on prepaid maintenance. Now I don't want it even if I opt out of maintenance. The car was good but it didn't have exact combination of colors and options I was hoping for.
Are there usually fees and tax like that as written above? When I asked how upfront tax is calculated sale guy said he doesn't know.
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2) As noted, the acquisition fee is marked up by $300.
3) The tax is on the acquisition and doc fee, most likely. For sure, the acquisition fee is taxable.
4) Fees and insurance is probably title/registration.
5) I get a pre-tax payment that is about $29/mo. less using the base MF of .00119 and 63% residual.
So, either something else added to the CAP cost, or the MF is marked up.
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$490/mo.+tax
$1500 should cover your first payment and the $795 acquisition fee, but maybe not quite enough to pay the DMV fees.
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2015 4MATIC MSRP 49080
discount 8000
sale price 41080
upfront 1700
monthly 410 including tax and fee
added 2yr ppm for 14/mo
final: 425/mo
Their showroom was fantastic and nothing like I've ever seen. People I talked to there were all nice. Seems like they are closed on Sunday unlike other dealerships around the area, for families. Really pleasant experience, and I thank everyone who helped me to reach this deal, saved couple thousand $$$ compared when I went to first dealership in Boston.
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2015 4MATIC Sport
MSRP: $48,085
Sale Price: $41,000
Residual Value: $29,467.70
MF: .00142
Upfront: 0 (just title/first month payment)
Term: 36/10,000
Final: $470.00 after taxes (Ohio)
Residual should be adjusted to account for the 4000 miles .. not sure of the exact amount, but somewhere between .10-.25/mile. But, you should be able to get more off sticker because of that.
Read through the last page or two of this thread to see what others have been able to negotiate.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Can anyone please provide the newest lease info for a 2016 C300 RWD for 36/10 and 36/12 leases? Thank you!
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2015 C300 4Matic Sport
MSRP: $50,315
Sales Price: $42,942
Term: 36 months
Residual: 61%
MF: .00109
Sales Tax: 8.5%
Miles: 10,000
Drive Off: $499
Monthly Payment: $499 (includes tax and pre-paid maintenance)
Would need to know the CAP cost to check the calculations. Looks pretty good, but need to know what else is rolled in.
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Net cap cost is:
sales price plus taxes and fees you choose to roll in less any down payment (cap cost reduction)
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2015 C300 4Matic Sport
MSRP: $50,315
Sales Price: $42,942 (gross cap cost)
Acquisition Fee: $1095
Pre-paid Maintenance: $750
Term: 36 months
Residual: 61%
MF: .00109
Sales Tax: 8.5%
Miles: 10,000
Drive Off: $499
Monthly Payment: $499 (includes tax and pre-paid maintenance)
Does the acquisition fee look high?
Are you using autopay? Base MF is .00119.
I get $514/mo if I add the maintenance and acq fee to the sales price.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I discovered that not only did they inflate the MF from .00142 up to .00192, they claimed that they only have 6% of margin on C's. The finance manager came over and eventually priced it at what they claim was invoice (showed me some kind of sheet of paper listing it at $51k) which is still a payment of over $700. I have a very hard time believing their numbers given the great deals everyone here has been getting. Am I in outer-space for thinking that something around $500 per month with $2k down is reasonable on a very well equipped C300?
I am very disappointed with this offer considering the C250 I am in from the same dealership runs me $409 per month. I understand that I special ordered the C300 and it is a 2016 model, but there just can't possibly be this big of a gulf in my numbers and theirs. Will consider shopping another dealer this Wednesday.
Consumers are betting fleeced by dealers who are looting us - bargain and hustle. DO not settle for anything more than $500- $550/mo with tax on a C300 with 54k msrp
Also what is this crap with Mercedes regarding in stock deals?
Mercedes is not Hyundai or Nissan - every car we order should a la carte shopping experience
BMW has much better ordering system - no need to buy off the lot.
Maybe we should all teach Mercedes a lesson in 2016
2016 C300 MSRP 44955
36 months
7500 miles per year
1656.88 t.o.p
465 per month
8.875 percent tax (NY)
Residual was 63 percent if I remember correctly, and the mf was .00144.
The discount was roughly 4400 dollars off MSRP, and all fees and taxes were included.
How am I looking if I take this?
Thank you.
36/7500 residual is 65%.
If I use $40,455 as the net cap cost, I get $415.32/mo before tax.
NY collects lease sales tax up front; you can pay it at the start of the lease or add it to your selling price.
Find out what the dealer is using as their net cap cost, and what that number includes.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks Michaell. Would you possibly know if there are an cash incentives or discounts on the car currently?
I don't have any incentive information with my documents. Use the "Car Research" tab at the top of the page to link to Edmunds' incentive pages.
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Has it been titled, or is this a loaner or executive demo?
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Fine print
"Advertised 36 month lease payment of a pre-owned 2015 Mercedes-Benz C300 with MSRP of $40,690 based on an adjusted capitalized cost of $33,495. Excludes title, taxes, registration, license fees, insurance and additional options. Total lease payments equal $10,764. $1095 acquisition fee added to cap cost. $299 due at signing, and first month payment of $299. Total payments equal $11,373. At lease end, lessee pays for any amounts due under the lease, any official fees and taxes related to the scheduled termination, excess wear and use plus $0.25/mile over 7,500 miles, and $595 vehicle turn-in fee. Purchase option at lease end for $25,228 plus taxes"
Service loaners. They are 2015's and have around 3000 and 5000 miles. These are pretty basic at this payment but do come with the rear view camera and heated seats. The net cap cost is around $33,300. The money factor is .00119 and the payment would go up about $15 per month for the 10,000 mile per year lease.
Is there numbers for 2015 service loaners? Since it's already a year old I would probably want them to roll in Service plan and tire/wheel protection.