2015 Mercedes-Benz CLA Class Lease Questions

kyfdx

anatolys said:

Hi, I'm looking at the following:

CLA45 AMG
MSRP: $53,225
NCC: $48,558
36 months / 7,500
56% residual (think it's supposed to be 58%)
MF: .0022
$4,012 due at signing: told that was inception and tax for NYC
monthly payment: $637

Sounds like a good deal but I can't get the numbers to work so I am confused

I'm also not thrilled that this car does not have the multimedia package i.e. back up camera or factory nav. Comes with the Garmin navi instead which means the smaller screen.

Any feedback on the price and my plan to install one of those back up camera kits on a lease would be appreciated.

Anatoly

The residual for 36/7.5K is 60%. The base 15K/yr residual is 56%.
If you use 60%, I get $638/mo., which is right on your number.
.0022 is about right for the standard MF, as well.

I would ask them to break down the $4012. About $1900 for tax, $795 for acq.fee, $638 1st payment. That leaves almost $700 for title/license/doc fees... I guess that's not far off, even if it's padded a little.

The only thing I see to lower the payment would be a lower selling price. Couldn't tell you the market on this car, but you can use the Make/Model/Year tabs at the top of the page to get Edmunds TMV.

anatolys

Thanks a lot, I appreciate it.

jasontee

Looking for a quick review of this quote, for August 1, 2015:

CLA 250 4matic
36months, 15,000 miles

MSRP: 38,755
Selling Price: 34,506
Maintenance: 1,275
Net CAP: not given
Residual Value: 24,018
**this is 60%, plus 60% of the maintenance at $765
Money factor: quoted as 3.52%, which as I understand it corresponds to .00147
Tax Rate: 6.75
First payment ($444.13) Fees ($310) Acquisition fee ($795) due at signing
Monthly payment is $444.13 which includes tax and pre-paid maintenance.

This is the best quote I've received on this vehicle, but not the best MF. I've been quoted as low as .0131 which doesn't even make sense given what I've read here about MB and base rates.

I understood that the residual on this vehicle was 62%, but have been assured that is not the case and provided "proof" via a scanned doc from MB financial.

Thanks for any input or advice. I've been told that the July 31st offer has been extended "today only" which I'm pretty sure means I have all month to figure this out.

Jason

kyfdx

jasontee said:

Looking for a quick review of this quote, for August 1, 2015:

CLA 250 4matic
36months, 15,000 miles

MSRP: 38,755
Selling Price: 34,506
Maintenance: 1,275
Net CAP: not given
Residual Value: 24,018
**this is 60%, plus 60% of the maintenance at $765
Money factor: quoted as 3.52%, which as I understand it corresponds to .00147
Tax Rate: 6.75
First payment ($444.13) Fees ($310) Acquisition fee ($795) due at signing
Monthly payment is $444.13 which includes tax and pre-paid maintenance.

This is the best quote I've received on this vehicle, but not the best MF. I've been quoted as low as .0131 which doesn't even make sense given what I've read here about MB and base rates.

I understood that the residual on this vehicle was 62%, but have been assured that is not the case and provided "proof" via a scanned doc from MB financial.

Thanks for any input or advice. I've been told that the July 31st offer has been extended "today only" which I'm pretty sure means I have all month to figure this out.

Jason

The July program expired on the 31st. It may have been extended, but we haven't heard that, yet.

In July, base MF was .00121 and the residual was 60% for 36mo, 15K/yr


At $40030 for MSRP and $35,781 for selling price (both including maintenance), .00147 MF and 60% residual, I get $414//mo.+tax. or $441/mo. (pretty close).

Base MF would knock $15/mo+tax off that number.

ginder2k

surrealgti said:

Just wanted to share the deal I got with everyone.

2015 CLA 250 36 mo / 10k lease
MSRP: $34,550
.0155 MF 65% Residual
Final selling price was $32,082 with the Garmin Pilot NAV add-on

I got the monthly payments down to $347/mo + tax totaling $369 with zero down but $1880 out of pocket (1st months pay't, acquisition, license/reg, doc fees)

In sum, about $3k off msrp.

My suggestion to all the buyers is to learn how to calculate a lease payment given the variables presented. Once you negotiate down to a selling price your comfortable with, crunch the #s on your own given the fixed residual and MF you are eligible for to determine your monthly payment plus the standard drive off fees. During this process, I experienced 2 dealerships that gave me an awesome selling price but with a monthly payment that was way off. When it came down to breaking those #'s down and validating their numbers, they quickly changed the subject or ignored it all together!

Hope this helps and thanks!

thanks so much for the info on how you went about getting your deal. If i may ask, is there a particular website or online calculator you used to plug in the numbers?

Kirstie_H

A reporter is looking to talk with a Millennial (age 18-34) who leased a luxury car within the last year. If you're able to help, please send your details to pr@edmunds.com by no later than August 4, 2015.

tszy

I have an offer for a 2015 CLA250 4matic from a dealer and not sure if it is good or not

MSRP $39495
Sell Price $37995
Fees $247.50
Sales Tax $3045.60 (8% NYS taxes)
Residual 62%
MF .00141

$1000 down for $533.97 a month

kyfdx

tszy said:

I have an offer for a 2015 CLA250 4matic from a dealer and not sure if it is good or not

MSRP $39495
Sell Price $37995
Fees $247.50
Sales Tax $3045.60 (8% NYS taxes)
Residual 62%
MF .00141

$1000 down for $533.97 a month

This is 36mo, 12K/yr, right?

Adding in $795 acq.fee and $1400 tax, I get about $527/mo., so pretty close.

Tax isn't $3000 on a lease... NYS taxes the sum of payments. I calculate about $1400.

The base MF is .00121, so marked up slightly. That adds about $14/mo. to your deal.

The other thing is the price. $1500 discount doesn't look that great to me, but then, I don't really know the market for this model. That may be the going rate.

tszy

kyfdx said:

tszy said:

I have an offer for a 2015 CLA250 4matic from a dealer and not sure if it is good or not

MSRP $39495
Sell Price $37995
Fees $247.50
Sales Tax $3045.60 (8% NYS taxes)
Residual 62%
MF .00141

$1000 down for $533.97 a month

This is 36mo, 12K/yr, right?

Adding in $795 acq.fee and $1400 tax, I get about $527/mo., so pretty close.

Tax isn't $3000 on a lease... NYS taxes the sum of payments. I calculate about $1400.

The base MF is .00121, so marked up slightly. That adds about $14/mo. to your deal.

The other thing is the price. $1500 discount doesn't look that great to me, but then, I don't really know the market for this model. That may be the going rate.

h

kyfdx said:

tszy said:

I have an offer for a 2015 CLA250 4matic from a dealer and not sure if it is good or not

MSRP $39495
Sell Price $37995
Fees $247.50
Sales Tax $3045.60 (8% NYS taxes)
Residual 62%
MF .00141

$1000 down for $533.97 a month

This is 36mo, 12K/yr, right?

Adding in $795 acq.fee and $1400 tax, I get about $527/mo., so pretty close.

Tax isn't $3000 on a lease... NYS taxes the sum of payments. I calculate about $1400.

The base MF is .00121, so marked up slightly. That adds about $14/mo. to your deal.

The other thing is the price. $1500 discount doesn't look that great to me, but then, I don't really know the market for this model. That may be the going rate.

Yes this is 36/12. I haven't negotiated with them yet about the price but wanted to see if everything looked okay. Yes i just realized the tax was almost doubled what i should be paying for my lease thanks for catching that

carenthusia85

Hello can you provide me MF and Residuals for 12k and 15k miles for 24/36 months for CLA 250 4Matic.

Michaell

carenthusia85 said:

Hello can you provide me MF and Residuals for 12k and 15k miles for 24/36 months for CLA 250 4Matic.

.00121 MF for both terms

24/15 residual is 62%

36/15 residual is 60%

Add 2% for 12K

Richy Smart

Going to a dealership today. Most likely in a hour or so. Wanted to know if the MF and residual is the same for Front Wheel Drive as it is for a 4Matic quoted above. Thanks in advance!

Michaell

richysmart said:

Going to a dealership today. Most likely in a hour or so. Wanted to know if the MF and residual is the same for Front Wheel Drive as it is for a 4Matic quoted above. Thanks in advance!

Yes, MF and residual are the same for both FWD and 4Matic version of the CLA250

saturdaze

I received the following lease offer after going back and forth with a FL dealer. Can you let me know your thoughts on it? I did a few calculations on my own and felt it should be lower but wanted to confirm.

CLA250 - 12k miles per year
MSRP - $33,850
Selling Price - $31,273
MF - .00121
RV - 63%
$0 down with the exception of the first month's payment. All other fees rolled-in.
Monthly Payment - $479 w/tax included for a 27 month lease. Our state tax is 6%.

Michaell

saturdaze said:

I received the following lease offer after going back and forth with a FL dealer. Can you let me know your thoughts on it? I did a few calculations on my own and felt it should be lower but wanted to confirm.

CLA250 - 12k miles per year
MSRP - $33,850
Selling Price - $31,273
MF - .00121
RV - 63%
$0 down with the exception of the first month's payment. All other fees rolled-in.
Monthly Payment - $479 w/tax included for a 27 month lease. Our state tax is 6%.

I confirm the .00121 MF but there is no 27 month program for the CLA. 24/12 residual is 64%.

I get $445/mo for 24 months using your numbers and 6% tax.

Find out what the net cap cost is - I suspect that the fees you are rolling in makes it higher than the selling price.

aloizi98

Hello can you provide me MF and Residuals for 10k miles for 36 months for 2015 MERCEDES-BENZ CLA250 4MATIC Night Black Exterior and MB-Tex with premium package for New York State?

Thanks in advance!!!

Michaell

aloizi98 said:

Hello can you provide me MF and Residuals for 10k miles for 36 months for 2015 MERCEDES-BENZ CLA250 4MATIC Night Black Exterior and MB-Tex with premium package for New York State?

Thanks in advance!!!

.00121 and 63%

steverogen

hi  what is the current residual- mf for
24/12
36/10

thx

kyfdx

steverogen said:

hi  what is the current residual- mf for
24/12
36/10

thx

CLA250?

.00121 MF and 64%/63% residual

mbgm12

Can I get residual for 2015 CLA45 AMG? And MF if different. Thanks.
36/12

kyfdx

mbgm12 said:

Can I get residual for 2015 CLA45 AMG? And MF if different. Thanks.
36/12

Standard MF and 58% residual

athenos2

Thoughts on this 2015 cla250 deal?

MSRP: $40,550
Selling price: $38689.93 + $975 prepaid maintenance
Due at signing: $3994.08 (Texas sales tax 2418.12, 795 acq, 33 title, 157.25 reg, 125 doc, 1st payment)
12K/36mo $465.71/mo

Jaenuwine

Looking to lease a 2015 CLA250

MSRP $37380

36/12k

$500 monthly

Is this remotely possible with $0 down with ALL fees & taxes (7%) rolled into the monthly?

Am I way off with my budget?

kyfdx

athenos2 said:

Thoughts on this 2015 cla250 deal?

MSRP: $40,550
Selling price: $38689.93 + $975 prepaid maintenance
Due at signing: $3994.08 (Texas sales tax 2418.12, 795 acq, 33 title, 157.25 reg, 125 doc, 1st payment)
12K/36mo $465.71/mo

.00121 MF and 62% residual

Looks like Mercedes let's you add the maintenance plan to the MSRP, which is good.

All the calculations are correct at base rates. The only way to bring it down is with a bigger discount from MSRP. Though, that might not be possible.

You can roll your taxes and acquisition fee into the payment, if you don't want to pay upfront. That would be $3200 less upfront and take the payment to about $559/mo.

kyfdx

Jaenuwine said:

Looking to lease a 2015 CLA250

MSRP $37380

36/12k

$500 monthly

Is this remotely possible with $0 down with ALL fees & taxes (7%) rolled into the monthly?

Am I way off with my budget?

Should be able to come close. See the post above yours. NJ taxes should be less than Texas.

nickben

Hi - can you please provide the MF/Residual for 7.5K/10K miles, best term on the AMG CLA45?

Michaell

nickben said:

Hi - can you please provide the MF/Residual for 7.5K/10K miles, best term on the AMG CLA45?

59% / 60% and .00138 for 36 months

helix139

What is the current best MF and residual for 10k/36 mo on the CLA250? Both 2015 and 2016 if you have it

Also, what MF and residual are they figuring into the current 2015 & 2016 $329 and $359/mo 10k/36 deal based off a 33,400 or 34,550 gross cap cost and 2499 reduction?

kyfdx

helix139 said:

What is the current best MF and residual for 10k/36 mo on the CLA250? Both 2015 and 2016 if you have it

Also, what MF and residual are they figuring into the current 2015 & 2016 $329 and $359/mo 10k/36 deal based off a 33,400 or 34,550 gross cap cost and 2499 reduction?

FWD?

2015
.00148 MF and 63% residual

2016
.00161 MF and 63% residual

Those are the numbers used in the ad, as well.

davetpa

What is the MF and Residual for 2015 CLA 250 in 36/15K in Florida? Also any lease cash available or additional incentives that I can be aware of?

Michaell

davetpa said:

What is the MF and Residual for 2015 CLA 250 in 36/15K in Florida? Also any lease cash available or additional incentives that I can be aware of?

.00148 and 60% if FWD.

No incentives that we're aware of.

max

Hello everyone,
I am looking for some advise and some information, your help, share and advise appreciated.

So I did my home work but I need more information to get into my ideal payment.

I narrow it down into two CLAs one with Sport PKG and the other one with Sport Plus PKG

I'll start with the information I got so far:

CLA250 2015 Options and PKGs Included at the end.

MSRP : $45,130
Discounts : Is it between $3000 to $4000 Average off the MSRP??? if its unknown whats the ideal??
Cap Cost : MSRP - Discounts
Residual : Is it from 63% to 65% ??? if its unknown whats the ideal??
Money Factor : Is it from 0.00121 to 0.00155 ???if its unknown whats the ideal??
Out of Pocket : $2000
Term : 36Mo / 18K Year
Tax : 9% Los Angeles
Base Payment : Without tax
Final Payment : What will you write on the check.

Included Packages:

Sport Package Plus ($3,900)

Multimedia Package ($2,480)

Premium 1 Package ($2,300)

Additional Options :

Illuminated Star
Wheel Locks
Panorama Sunroof
Blind Spot Assist
Ambient Lighting
Bi-Xenon Headlamps and LED Taillights
Rear Spoiler

=============================================================================

Here is my second Option CLA250 2015 Options and PKGs Included at the end.

MSRP : $38,650
Discounts : Is it between $3000 to $4000 Average off the MSRP??? if its unknown whats the ideal??
Cap Cost : MSRP - Discounts
Residual : Is it from 63% to 65% ??? if its unknown whats the ideal??
Money Factor : Is it from 0.00121 to 0.00155 ???if its unknown whats the ideal??
Down : $2000
Term : 36Mo / 18K Year
Tax : 9%
Base Payment : Without Tax
Final Payment : What will you write on the check.

Included Packages :

Sport Package ($2,200)

Additional Options :

Ambient Lighting
Bi-Xenon Headlamps and LED Taillights
Illuminated Star
KEYLESS-GO
Panorama Sunroof
Rear Spoiler
Wheel Locks

Your Advise is really Appreciated,

Thank you in advance

max

Hey guys I'm just asking for money factor and residual for these terms:

CLA 250 - 36/18K - 36/15k

Thank you in advance guys

kyfdx

max said:

Hey guys I'm just asking for money factor and residual for these terms:

CLA 250 - 36/18K - 36/15k

Thank you in advance guys

.00148 MF and 60% residual for 36/15

crchandar

Hi,

I went shopping a CLA 250 today and the dealer offer a "DEAL" on his loaner car with 8,000 miles on it (2015, FWD, no options at all)

He is quoting 30,600 Selling Price on it (True car says I can get a New 2015 CLA 250 for 30,200 from same dealer, which I checked later).
And he says if I do a "2,500 due at signing", my monthly payments will be 460 to 480$ plus tax.
Isn't it ridiculous? (I have no credit history or credit score, but I have a guarantor with 770 credit score)

I just walked out saying I will let them know later.
As the MB website says lease is around 329$ pm, I will ignore the 8,000 miles to make it up for my lack of credit score and finalize for 329$ (2,500 due at signing)

How does it sound?

Michaell

crchandar said:

Hi,

I went shopping a CLA 250 today and the dealer offer a "DEAL" on his loaner car with 8,000 miles on it (2015, FWD, no options at all)

He is quoting 30,600 Selling Price on it (True car says I can get a New 2015 CLA 250 for 30,200 from same dealer, which I checked later).
And he says if I do a "2,500 due at signing", my monthly payments will be 460 to 480$ plus tax.
Isn't it ridiculous? (I have no credit history or credit score, but I have a guarantor with 770 credit score)

I just walked out saying I will let them know later.
As the MB website says lease is around 329$ pm, I will ignore the 8,000 miles to make it up for my lack of credit score and finalize for 329$ (2,500 due at signing)

How does it sound?

Their quote was way too high. The 8000 miles would affect the calculated residual, but you should also get a discount off the selling price as well.

What was the MSRP of the unit in question?

crchandar

Thanks for your response.

I checked with them. They said MSRP: 32,200, SP: 30,900.
Now they are saying 30,100 SP (Includes heated seats which costs 595)

Regards,
Chandar.

Michaell

crchandar said:

Thanks for your response.

I checked with them. They said MSRP: 32,200, SP: 30,900.
Now they are saying 30,100 SP (Includes heated seats which costs 595)

Regards,
Chandar.

.00148 and 60% (36/15).

Using your MSRP and selling price, I get $373/mo + tax. This does not take into consideration the 8000 miles the car has on it.

I still think you should get more of a discount from sticker.

crchandar

Hey Michaell,

Meanwhile, I have used your numbers on a Subaru WRX STI and got a deal for 2000 down, 392 pm including tax.
Same 36 month, 12K miles, 2016 brand new car, 35,600 MSRP, 34,200 SP.
I love stick shift any day.

2000 down 390 per month for used Mercedes CLA vs 2000 down 390 per month for an STI is a no-brainer for me. (would have loved the heated front seats, automatic stop-start, power seats, luxury interiors, harman kardon speakers though, but not as much as the stick and vroommm of STI)

Thanks for you help. It was very useful.

Michaell

crchandar said:

Hey Michaell,

Meanwhile, I have used your numbers on a Subaru WRX STI and got a deal for 2000 down, 392 pm including tax.
Same 36 month, 12K miles, 2016 brand new car, 35,600 MSRP, 34,200 SP.
I love stick shift any day.

2000 down 390 per month for used Mercedes CLA vs 2000 down 390 per month for an STI is a no-brainer for me. (would have loved the heated front seats, automatic stop-start, power seats, luxury interiors, harman kardon speakers though, but not as much as the stick and vroommm of STI)

Thanks for you help. It was very useful.

Two very different cars; glad you picked the one that appealed to you more. It's better to choose the right car rather than the right deal.

breezze

Hello can you provide me January 2016 MF and Residuals for 12k and 15k miles for 24/36 months for CLA 250 & CLA 250 4Matic. Thanks.

kyfdx

breezze said:

Hello can you provide me January 2016 MF and Residuals for 12k and 15k miles for 24/36 months for CLA 250 & CLA 250 4Matic. Thanks.

CLA: .00148 MF
CLA AWD: .00147 MF

64%/62% residual for 24 months

62%/60% residual for 36 months

park5

Does Mercedes also allow MSD (Multiple Security Deposits) like Audi and BMW? If so, how many do they accept?
I leave in NJ and have experience leasing from BMW. I was able to reduce the base money factor of 0.00130 to 0.00081 by using 7 MSDs at 0.00007 for each MSD.

Michaell

park5 said:

Does Mercedes also allow MSD (Multiple Security Deposits) like Audi and BMW? If so, how many do they accept?
I leave in NJ and have experience leasing from BMW. I was able to reduce the base money factor of 0.00130 to 0.00081 by using 7 MSDs at 0.00007 for each MSD.

MB does have an MSD program, but we're unclear as to when it can be used. We thought that it only applies to cars where the standard MF of .00200-.00220 is in effect, but there have been some posts on the lease discussions here that some dealers have allowed MSDs on supported lease rates as well.

We don't have the details as to how many SDs can be used, or what the MF reductions is for each.

ycr1

Hello, what's the current February money factor and residual for a 2015 and 2016 cla 250 4 matic, for 12K, 36 month lease. Thanks.

Michaell

ycr1 said:

Hello, what's the current February money factor and residual for a 2015 and 2016 cla 250 4 matic, for 12K, 36 month lease. Thanks.

2015 - .00147 and 62%

2016 can be posted here:

http://forums.edmunds.com/discussion/37562/mercedes-benz/cla-class/2016-mercedes-benz-cla-class-lease-questions#latest

lb530529

Hi Michael,
Could i please get the numbers for the following:

36/10
2015 CLA 250 FWD and AWD

Michaell

lb530529 said:

Hi Michael,
Could i please get the numbers for the following:

36/10
2015 CLA 250 FWD and AWD

FWD - .00113
4Matic - .00112

61% residual for both.

justinauto2016

Hello,

I'm looking for some feedback on these numbers...

2015 Mercedes CLA
MSRP Subtotal = $34,475
w/ Destination & Delivery = $35400

The car has roughly 6k miles already and is marked down to $28970

The lease numbers I got for this were:

36 month/12k per year
$1939 total drive off (includes 1st payment, bank fees and 1 year registration)
$312 tax included

36 month/15k per year
$1960 total drive off
$332.52 tax included

Also, is there any downside to leasing a vehicle that already has 6k miles on it?

Thanks!

kyfdx

justinauto2016 said:

Hello,

I'm looking for some feedback on these numbers...

2015 Mercedes CLA
MSRP Subtotal = $34,475
w/ Destination & Delivery = $35400

The car has roughly 6k miles already and is marked down to $28970

The lease numbers I got for this were:

36 month/12k per year
$1939 total drive off (includes 1st payment, bank fees and 1 year registration)
$312 tax included

36 month/15k per year
$1960 total drive off
$332.52 tax included

Also, is there any downside to leasing a vehicle that already has 6k miles on it?

Thanks!

No downside to the miles, as you will still be under warranty when the lease is up (check the in-service date, to make sure the vehicle has less than one year of service).

.00113 MF and 58% residual (minus mileage reduction). For 36mo, 15K/yr

Don't know your tax rate, but the numbers look about right, as long as the drive-off amounts aren't padded with garbage fees.