Residual value for a Mercedes C63 AMG

raminnoodle

Does anyone know the Residual value for a 2012 c63 amg p31 package 36/15 or 48/15?

Kirstie_H

Hi - are you getting ready to LEASE a used vehicle? Most leases are on new vehicles, so this question is a bit confusing. If you could provide more information on what you're thinking about doing, that would be helpful.

raminnoodle

That is correct I am attempting to lease a used vehicle.

MSRP: 53,800
Term: 36/15
Mf: .0014
Im just missing the residual value.

raminnoodle

I guess my initial question is. How does one get used car residual values?

Kirstie_H

Hm... well, wait for one of our leasing experts to answer, but I'm guessing there is no standard residual like there is on new vehicles. I'm looking forward to the answer as well, as it will be educational for me.

stever

Me too - @raminnoodle, any idea if this is a Mercedes backed lessor or is it a third party lessor?

We have enough trouble getting the manufacturer leasing information, much less the third party ones.

raminnoodle

Its third party. Where do dealers get residues? From my research ALG has them but I do not want to pay $400 to check residues of a car I would like to purchase. I just want to make sure the residue the dealer is giving me is accurate and he is not under valuing it to make me pay more.

kyfdx

Most banks get their used residuals from ALG, though Mercedes Finance may use their own. This isn't a path that I would even start down. The chances of a 2-yr old used car being cost-effective to lease are about 1%, even for a 1%-er...

Either way, we don't collect information on used car residuals. Too many variables.