2015/2016 Mercedes C300 4Matic Lease Questions

eudaimon

Hi All~

I'm new here, and new to car leasing/buying process.

I'd like to lease Mercedes C300 4Matic, but I don't know which route to go for-- the base model or the one with good packages/options. The options are good to have, but I'll only need the navigation and rear view camera which means I'm good with the very base model with just the above two options (I want to save money).

However, I understand that how lease work is I'm paying the difference between the capitalized cost minus the residual value plus the money factor. Is it smarter to go with the base model or with the one that is well-equipped with a good amount of options/packages (I presume this will have better residual value? I may be wrong here)?

Is it possible to get my own lender for the leasing company, so I'll have a lower money factor?

Last question, should I go for 2016 or 2015? There is only $500 on the MSRP, but with the same monthly payment and down on the special offer page.

Thanks for your helps. I'm looking forward to driving my first Mercedes

Michaell

eudaimon said:

Hi All~

I'm new here, and new to car leasing/buying process.

I'd like to lease Mercedes C300 4Matic, but I don't know which route to go for-- the base model or the one with good packages/options. The options are good to have, but I'll only need the navigation and rear view camera which means I'm good with the very base model with just the above two options (I want to save money).

However, I understand that how lease work is I'm paying the difference between the capitalized cost minus the residual value plus the money factor. Is it smarter to go with the base model or with the one that is well-equipped with a good amount of options/packages (I presume this will have better residual value? I may be wrong here)?

Is it possible to get my own lender for the leasing company, so I'll have a lower money factor?

Last question, should I go for 2016 or 2015? There is only $500 on the MSRP, but with the same monthly payment and down on the special offer page.

Thanks for your helps. I'm looking forward to driving my first Mercedes

Lots of good questions here ...

If it were my money (but it's not), I'd lease exactly the car I want, with the color and options that I want. No sense spending $400-600 each month and be unsatisfied.

The residual game is actually opposite of what you think - higher trim cars often have lower residual values. Fortunately, this doesn't apply to MB since they don't have different numbers for different options.

I would suggest staying with MBFS for the bank on your lease - third party banks can have some nasty surprises waiting for you at the end - extra scrutiny on damage, tire wear, etc.

Better deals on the 2015's at the moment, but less selection.

SehKonNJdude

What discounts are people getting on 2016 C 300 Luxury or sport models? NJ dealers are almost out with 2015 models - was wondering if this is a good time to start looking for 2016. My lease expires on November this year. Please post your offers thanks

Michaell

SehKonNJdude said:

What discounts are people getting on 2016 C 300 Luxury or sport models? NJ dealers are almost out with 2015 models - was wondering if this is a good time to start looking for 2016. My lease expires on November this year. Please post your offers thanks

We don't track selling prices - use the "make / model / year" pull downs at the top of the page to get Edmunds TMV pricing.

vmichael

Hello,

I ordered a MY2016 C300 4Matic Sport with a MSRP of $60,265 (includes destination and delivery) and just got word that it has arrived. The dealer has already offered a $5,525 discount at the time of order, but I think I can get at least $6,500 off now. Can you please tell me the current numbers (MF and residual) for a 10k/36mo AND 7.5k/36mo lease? Also, are there any dealer cash or other incentives going on right now? Lastly, what should my monthly payment be (I'm in San Francisco, 8.75% sales tax), based on a $6,500 discount off of MSRP and $2,000 cash at delivery (used for first month's payment, taxes, registration, cap cost reduction, etc.)? Thank you very much in advance!!!

Michaell

vmichael said:

Hello,

I ordered a MY2016 C300 4Matic Sport with a MSRP of $60,265 (includes destination and delivery) and just got word that it has arrived. The dealer has already offered a $5,525 discount at the time of order, but I think I can get at least $6,500 off now. Can you please tell me the current numbers (MF and residual) for a 10k/36mo AND 7.5k/36mo lease? Also, are there any dealer cash or other incentives going on right now? Lastly, what should my monthly payment be (I'm in San Francisco, 8.75% sales tax), based on a $6,500 discount off of MSRP and $2,000 cash at delivery (used for first month's payment, taxes, registration, cap cost reduction, etc.)? Thank you very much in advance!!!

36/10 numbers are .00152 and 63%. Add 1% for 7,500 miles. No incentives.

Using your MSRP and negotiated prices, I get a payment of $629/mo for 36/10 and $612/mo for 36/7.5 (with tax).

vmichael

Thank you very much for the reply! I'm trying to use the lease calculator at:

http://www.edmunds.com/calculators/car-lease.html

and I'm coming up with different numbers- could you please tell me how exactly you came up with $629/mo for 36/10 and $612/mo for 36/7.5 (with tax)? Thank you again!!!

Michaell

vmichael said:

Thank you very much for the reply! I'm trying to use the lease calculator at:

http://www.edmunds.com/calculators/car-lease.html

and I'm coming up with different numbers- could you please tell me how exactly you came up with $629/mo for 36/10 and $612/mo for 36/7.5 (with tax)? Thank you again!!!

I don't use on line calculators - too many assumptions. I have my own spreadsheet that I use.

vmichael

Here's the latest deal:

MSRP: $60,515.00
Savings: $8,308.00
Selling Price: $52,207.00
Sales Tax (estimate): $4,577.65
Weight Fee: $24.00
Tag/Registration Fees (estimate): $411.00
Flat Add/County Fee: $20.00
Electronic Filing: $29.00
Smog Abatement Fee: $20.00
Documentation Fee: $80.00
Balance Due (estimate): $57,368.65

$2,000 cash down, $619 for 7.5k/36mo or $637 for 10k/36mo, tax included. I know the MF has been increased, but the discount is significant. What do you think? Is it a good deal? Thank you.

SehKonNJdude

Sorry this is a horrible deal - you can lease the E350 sport for less than this on a car with MSRP of $69k

vmichael said:

Here's the latest deal:

MSRP: $60,515.00
Savings: $8,308.00
Selling Price: $52,207.00
Sales Tax (estimate): $4,577.65
Weight Fee: $24.00
Tag/Registration Fees (estimate): $411.00
Flat Add/County Fee: $20.00
Electronic Filing: $29.00
Smog Abatement Fee: $20.00
Documentation Fee: $80.00
Balance Due (estimate): $57,368.65

$2,000 cash down, $619 for 7.5k/36mo or $637 for 10k/36mo, tax included. I know the MF has been increased, but the discount is significant. What do you think? Is it a good deal? Thank you.

SehKonNJdude

Dear Vmichael,

Does CA charge taxes on the monthly payment or entire amount?
Why does your cap cost have the taxes into it?

SehKonNJdude

Using my lease calculator your monthly payment should be $585/month with tax included with only inception due at signing (license, tags, title) etc

Michaell

SehKonNJdude said:

Dear Vmichael,

Does CA charge taxes on the monthly payment or entire amount?
Why does your cap cost have the taxes into it?

CA applies tax to the monthly payment.

mccsamz

Hello,

What is the November money factor and residual for a 2016 C300 4MATIC 36/10k and 24/10?

Michaell

mccsamz said:

Hello,

What is the November money factor and residual for a 2016 C300 4MATIC 36/10k and 24/10?

2016 - .00154 and 69% / 64%