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2016 Mercedes C300 Lease quote questions

checkitfastcheckitfast Member Posts: 3
edited October 2015 in Mercedes-Benz
Hi folks,
Could I get some advice on this lease deal? I'm unsure of the money factor at this point. This would be my first lease. Here's what I have gotten from the dealer:

MSRP: $47,585
Negotiated price: $45,585
Yearly Mileage allowance: 12,000 mi / year
Down Payment: $1,000
Term: 36 months
Monthly Payment: $697
Money factor: Unknown

Options: This is a Mercedes C300, with the Premium 1 package, spoiler, wheel locks, heated seats, panoramic sunroof, upgraded wheels, and navigation.

Would really appreciate some feedback on this and what kind of deal this is and whether we can do better.

Comments

  • kyfdxkyfdx Moderator Posts: 265,218

    Hi folks,
    Could I get some advice on this lease deal? I'm unsure of the money factor at this point. This would be my first lease. Here's what I have gotten from the dealer:

    MSRP: $47,585
    Negotiated price: $45,585
    Yearly Mileage allowance: 12,000 mi / year
    Down Payment: $1,000
    Term: 36 months
    Monthly Payment: $697
    Money factor: Unknown

    Options: This is a Mercedes C300, with the Premium 1 package, spoiler, wheel locks, heated seats, panoramic sunroof, upgraded wheels, and navigation.

    Would really appreciate some feedback on this and what kind of deal this is and whether we can do better.

    .00152 MF and 62% residual.

    If the negotiated price was the CAP cost, I get $561/mo.+tax.

    However, if $1000 is your total amount due at signing, then there is probably more added to that price.

    $700/mo. for a $47K MSRP car is too much, no matter what.

    What state/tax rate? You should get the rest of the details from the dealer. It's not a good deal, but at least then, you'll know why.

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  • checkitfastcheckitfast Member Posts: 3
    edited October 2015
    @kyfdx Thanks for the good analysis. I really appreciate it.
    This is a lot to digest but will definitely get a better deal.

    Also, this quote is for a MB in Sugar Land, TX.
  • kyfdxkyfdx Moderator Posts: 265,218

    @kyfdx Thanks for the good analysis. I really appreciate it.
    This is a lot to digest but will definitely get a better deal.

    Also, this quote is for a MB in Sugar Land, TX.

    Texas hurts, because they apply sales tax to the full selling price.. but, that deal still stinks.

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  • SehKonNJdudeSehKonNJdude Member Posts: 20
    edited October 2015
    Can you wait a bit? - Mercedes is going to announce winter deals which will make 2016 C lease better.

    For a $47k MSPR car with decent credit (700+), your lease payment should be $380-$450 range.

    If you check on forums posts from 6-9 months ago, 2015 C 300 was being offered at $8k discount over MSRP. That is what you should be aiming at.

    Hi folks,
    Could I get some advice on this lease deal? I'm unsure of the money factor at this point. This would be my first lease. Here's what I have gotten from the dealer:

    MSRP: $47,585
    Negotiated price: $45,585
    Yearly Mileage allowance: 12,000 mi / year
    Down Payment: $1,000
    Term: 36 months
    Monthly Payment: $697
    Money factor: Unknown

    Options: This is a Mercedes C300, with the Premium 1 package, spoiler, wheel locks, heated seats, panoramic sunroof, upgraded wheels, and navigation.

    Would really appreciate some feedback on this and what kind of deal this is and whether we can do better.

  • jalwaaajalwaaa Member Posts: 90
    Is it true that if we purchase the prepaid maintenance then the residual goes up?
  • MichaellMichaell Moderator Posts: 261,961
    jalwaaa said:

    Is it true that if we purchase the prepaid maintenance then the residual goes up?

    Not for MB ... that is from Audi.

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  • kyfdxkyfdx Moderator Posts: 265,218
    jalwaaa said:

    Is it true that if we purchase the prepaid maintenance then the residual goes up?

    Some dealers have been able to add the maintenance program to the MSRP, so that it is residualized.
    So, the residual percentage stays the same, but it's calculated against a higher MSRP, giving a higher residual.

    Audi actually raises the residual percentage, if you purchase the prepaid maintenance.

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  • jprimezjprimez Member Posts: 16
    Hi all,

    This is my first lease deal. Please let me know if this is a good deal on a 2016 c300.

    MSRP: $53128
    Sale Price: $45739 (14% off)
    MF: .00152

    3yr/36k
    1st month down
    $556

    10 security deposits drops payment to $456. This is for a purchase in NJ, but the car will be registered in Philadelphia, PA.

    Appreciate any help.
  • MichaellMichaell Moderator Posts: 261,961
    jprimez said:

    Hi all,

    This is my first lease deal. Please let me know if this is a good deal on a 2016 c300.

    MSRP: $53128
    Sale Price: $45739 (14% off)
    MF: .00152

    3yr/36k
    1st month down
    $556

    10 security deposits drops payment to $456. This is for a purchase in NJ, but the car will be registered in Philadelphia, PA.

    Appreciate any help.

    If the selling price is the net cap cost, I get $475/mo + tax and $518/mo assuming 9% tax in PA.

    Find out from the dealer what the net cap cost is; and, is there money due at lease signing? If so, what does that cover?

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  • jprimezjprimez Member Posts: 16
    edited December 2015
    Michaell said:

    jprimez said:

    Hi all,

    This is my first lease deal. Please let me know if this is a good deal on a 2016 c300.

    MSRP: $53128
    Sale Price: $45739 (14% off)
    MF: .00152

    3yr/36k
    1st month down
    $556

    10 security deposits drops payment to $456. This is for a purchase in NJ, but the car will be registered in Philadelphia, PA.

    Appreciate any help.

    If the selling price is the net cap cost, I get $475/mo + tax and $518/mo assuming 9% tax in PA.

    Find out from the dealer what the net cap cost is; and, is there money due at lease signing? If so, what does that cover?

    I'll ask about the net cap cost. Tax in Philadelphia is 11% unfortunately, and the price was based on 0 money down for 556/month or 6070 in MSD's for 456/month
  • jbrewha74jbrewha74 Member Posts: 22
    Jprimez, what dealer in NJ are you dealing with? I am looking to lease ASAP and would love to get 14% off. I sent you a message also, but let me know please thanks.
  • jprimezjprimez Member Posts: 16
    Here's the breakdown: since I've never leased before it's a little above my head. This includes the MSD's.

    Total of Payments (The amount you will have paid by the end of the lease): 17,674.16
    Customer State: Pennsylvania Customer County: PHILADELPHIA
    Itemization of Payment
    Agreed Value: 45,740.00
    a) Gross Capital Cost 46,535.00
    b) Capital Cost Reduction -615.00
    c) Adjusted Capital Cost 45,920.00
    d) Residual 33,506.55
    e) Depreciation Charge 12,413.45
    f) Rent Charge 2,401.99
    g) Total of base MP 14,815.44
    h) Lease Term 36
    i) Base MP 411.54
    j) Monthly Tax 45.27
    k) Personal Prop Tax 0.00
    l) Excise Tax 0.00
    m) Other Amounts 0.00
    n) Total MP 456.81
    Itemization of Gross Capital Cost
    a) Agreed Value: 45,740.00
    b) AcquisitionFee 795.00
    c) GAP Insurance 0.00
    d) Document Fee 0.00
    e) Warranty 0.00
    f) Upfront Sales Tax 0.00
    g) Service Tax 0.00
    h) Cash Down Tax 0.00
    i) Trade In Tax 0.00
    j) Finance Tax 0.00
    k) Tire Tax 0.00
    l) Lic., Insp., Title, Reg. Fees 0.00
    m) Other Fees 0.00
    n) Total Capital Cost 46,535.00

    Itemization of Amount Due at Signing
    a) Total Capital Cost Reduction 615.00
    -Cap Reduction (Cash) 0.00
    -Rebates 0.00
    -Trade-In 615.00
    b) Tax on Capital Cost Red. 0.00
    c) First Monthly Payment 456.81
    d) Last Monthly Payment(s) 0.00
    e) Refundable Security Deposit 5,000.00
    f) Acquisition Fee 0.00
    g) Gap Insurance 0.00
    h) Documentation Fee 395.00
    i) Monthly Tax (Upfront) 0.00
    j) Upfront Tax (not in Capital Cost) 0.00
    k) Service Tax (not in Capital Cost) 0.00
    l) Tire Tax (not in Capital Cost) 0.00
    m) Lic., Insp., Title, Reg. Fees 219.00
    n) Other Fees 0.00
    o) Total Due at Signing 6,685.81
    How the Amount Due at Signing will be Paid
    a) Net Trade-In Value 615.00
    b) Rebates/Credits 0.00
    c) Amount Paid in Cash 5,614.00
    d) Total Due at Signing 6,685.81
    Mileage Allowance
    The monthly payment and residual for this lease has been calculated using the following mileage allowance. You are allowed to drive 12,000 per year, 1,000 miles per month. If you exceed the mileage allowance for the lease term and do not purchase the Vehicle, you will pay 0.25 for each excess mile.

    You have the option to purchase the Vehicle at the end of the lease term for $ 33,656.55, plus any applicable official fees and taxes.
  • jbrewha74jbrewha74 Member Posts: 22
    What dealer?
  • jprimezjprimez Member Posts: 16
    Would anyone be able to look over my numbers and tell me if this is a good deal? Like I said, I'm new to leasing....
  • MichaellMichaell Moderator Posts: 261,961
    jprimez said:

    Here's the breakdown: since I've never leased before it's a little above my head. This includes the MSD's.

    Total of Payments (The amount you will have paid by the end of the lease): 17,674.16
    Customer State: Pennsylvania Customer County: PHILADELPHIA
    Itemization of Payment
    Agreed Value: 45,740.00
    a) Gross Capital Cost 46,535.00
    b) Capital Cost Reduction -615.00
    c) Adjusted Capital Cost 45,920.00
    d) Residual 33,506.55
    e) Depreciation Charge 12,413.45
    f) Rent Charge 2,401.99
    g) Total of base MP 14,815.44
    h) Lease Term 36
    i) Base MP 411.54
    j) Monthly Tax 45.27
    k) Personal Prop Tax 0.00
    l) Excise Tax 0.00
    m) Other Amounts 0.00
    n) Total MP 456.81
    Itemization of Gross Capital Cost
    a) Agreed Value: 45,740.00
    b) AcquisitionFee 795.00
    c) GAP Insurance 0.00
    d) Document Fee 0.00
    e) Warranty 0.00
    f) Upfront Sales Tax 0.00
    g) Service Tax 0.00
    h) Cash Down Tax 0.00
    i) Trade In Tax 0.00
    j) Finance Tax 0.00
    k) Tire Tax 0.00
    l) Lic., Insp., Title, Reg. Fees 0.00
    m) Other Fees 0.00
    n) Total Capital Cost 46,535.00

    Itemization of Amount Due at Signing
    a) Total Capital Cost Reduction 615.00
    -Cap Reduction (Cash) 0.00
    -Rebates 0.00
    -Trade-In 615.00
    b) Tax on Capital Cost Red. 0.00
    c) First Monthly Payment 456.81
    d) Last Monthly Payment(s) 0.00
    e) Refundable Security Deposit 5,000.00
    f) Acquisition Fee 0.00
    g) Gap Insurance 0.00
    h) Documentation Fee 395.00
    i) Monthly Tax (Upfront) 0.00
    j) Upfront Tax (not in Capital Cost) 0.00
    k) Service Tax (not in Capital Cost) 0.00
    l) Tire Tax (not in Capital Cost) 0.00
    m) Lic., Insp., Title, Reg. Fees 219.00
    n) Other Fees 0.00
    o) Total Due at Signing 6,685.81
    How the Amount Due at Signing will be Paid
    a) Net Trade-In Value 615.00
    b) Rebates/Credits 0.00
    c) Amount Paid in Cash 5,614.00
    d) Total Due at Signing 6,685.81
    Mileage Allowance
    The monthly payment and residual for this lease has been calculated using the following mileage allowance. You are allowed to drive 12,000 per year, 1,000 miles per month. If you exceed the mileage allowance for the lease term and do not purchase the Vehicle, you will pay 0.25 for each excess mile.

    You have the option to purchase the Vehicle at the end of the lease term for $ 33,656.55, plus any applicable official fees and taxes.

    What is the lease term? What is the MSRP? How many security deposits are you getting for the $5000?

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  • jprimezjprimez Member Posts: 16
    edited January 2016
    Msrp: 53185
    10'security deposits
    Lease 3yr/36k
    Michaell said:

    jprimez said:

    Here's the breakdown: since I've never leased before it's a little above my head. This includes the MSD's.

    Total of Payments (The amount you will have paid by the end of the lease): 17,674.16
    Customer State: Pennsylvania Customer County: PHILADELPHIA
    Itemization of Payment
    Agreed Value: 45,740.00
    a) Gross Capital Cost 46,535.00
    b) Capital Cost Reduction -615.00
    c) Adjusted Capital Cost 45,920.00
    d) Residual 33,506.55
    e) Depreciation Charge 12,413.45
    f) Rent Charge 2,401.99
    g) Total of base MP 14,815.44
    h) Lease Term 36
    i) Base MP 411.54
    j) Monthly Tax 45.27
    k) Personal Prop Tax 0.00
    l) Excise Tax 0.00
    m) Other Amounts 0.00
    n) Total MP 456.81
    Itemization of Gross Capital Cost
    a) Agreed Value: 45,740.00
    b) AcquisitionFee 795.00
    c) GAP Insurance 0.00
    d) Document Fee 0.00
    e) Warranty 0.00
    f) Upfront Sales Tax 0.00
    g) Service Tax 0.00
    h) Cash Down Tax 0.00
    i) Trade In Tax 0.00
    j) Finance Tax 0.00
    k) Tire Tax 0.00
    l) Lic., Insp., Title, Reg. Fees 0.00
    m) Other Fees 0.00
    n) Total Capital Cost 46,535.00

    Itemization of Amount Due at Signing
    a) Total Capital Cost Reduction 615.00
    -Cap Reduction (Cash) 0.00
    -Rebates 0.00
    -Trade-In 615.00
    b) Tax on Capital Cost Red. 0.00
    c) First Monthly Payment 456.81
    d) Last Monthly Payment(s) 0.00
    e) Refundable Security Deposit 5,000.00
    f) Acquisition Fee 0.00
    g) Gap Insurance 0.00
    h) Documentation Fee 395.00
    i) Monthly Tax (Upfront) 0.00
    j) Upfront Tax (not in Capital Cost) 0.00
    k) Service Tax (not in Capital Cost) 0.00
    l) Tire Tax (not in Capital Cost) 0.00
    m) Lic., Insp., Title, Reg. Fees 219.00
    n) Other Fees 0.00
    o) Total Due at Signing 6,685.81
    How the Amount Due at Signing will be Paid
    a) Net Trade-In Value 615.00
    b) Rebates/Credits 0.00
    c) Amount Paid in Cash 5,614.00
    d) Total Due at Signing 6,685.81
    Mileage Allowance
    The monthly payment and residual for this lease has been calculated using the following mileage allowance. You are allowed to drive 12,000 per year, 1,000 miles per month. If you exceed the mileage allowance for the lease term and do not purchase the Vehicle, you will pay 0.25 for each excess mile.

    You have the option to purchase the Vehicle at the end of the lease term for $ 33,656.55, plus any applicable official fees and taxes.

    What is the lease term? What is the MSRP? How many security deposits are you getting for the $5000?

    Msrp: 53185
    10'security deposits
    Lease 3yr/36k
  • kyfdxkyfdx Moderator Posts: 265,218
    jprimez said:

    Msrp: 53185
    10'security deposits
    Lease 3yr/36k

    Michaell said:

    jprimez said:

    Here's the breakdown: since I've never leased before it's a little above my head. This includes the MSD's.

    Total of Payments (The amount you will have paid by the end of the lease): 17,674.16
    Customer State: Pennsylvania Customer County: PHILADELPHIA
    Itemization of Payment
    Agreed Value: 45,740.00
    a) Gross Capital Cost 46,535.00
    b) Capital Cost Reduction -615.00
    c) Adjusted Capital Cost 45,920.00
    d) Residual 33,506.55
    e) Depreciation Charge 12,413.45
    f) Rent Charge 2,401.99
    g) Total of base MP 14,815.44
    h) Lease Term 36
    i) Base MP 411.54
    j) Monthly Tax 45.27
    k) Personal Prop Tax 0.00
    l) Excise Tax 0.00
    m) Other Amounts 0.00
    n) Total MP 456.81
    Itemization of Gross Capital Cost
    a) Agreed Value: 45,740.00
    b) AcquisitionFee 795.00
    c) GAP Insurance 0.00
    d) Document Fee 0.00
    e) Warranty 0.00
    f) Upfront Sales Tax 0.00
    g) Service Tax 0.00
    h) Cash Down Tax 0.00
    i) Trade In Tax 0.00
    j) Finance Tax 0.00
    k) Tire Tax 0.00
    l) Lic., Insp., Title, Reg. Fees 0.00
    m) Other Fees 0.00
    n) Total Capital Cost 46,535.00

    Itemization of Amount Due at Signing
    a) Total Capital Cost Reduction 615.00
    -Cap Reduction (Cash) 0.00
    -Rebates 0.00
    -Trade-In 615.00
    b) Tax on Capital Cost Red. 0.00
    c) First Monthly Payment 456.81
    d) Last Monthly Payment(s) 0.00
    e) Refundable Security Deposit 5,000.00
    f) Acquisition Fee 0.00
    g) Gap Insurance 0.00
    h) Documentation Fee 395.00
    i) Monthly Tax (Upfront) 0.00
    j) Upfront Tax (not in Capital Cost) 0.00
    k) Service Tax (not in Capital Cost) 0.00
    l) Tire Tax (not in Capital Cost) 0.00
    m) Lic., Insp., Title, Reg. Fees 219.00
    n) Other Fees 0.00
    o) Total Due at Signing 6,685.81
    How the Amount Due at Signing will be Paid
    a) Net Trade-In Value 615.00
    b) Rebates/Credits 0.00
    c) Amount Paid in Cash 5,614.00
    d) Total Due at Signing 6,685.81
    Mileage Allowance
    The monthly payment and residual for this lease has been calculated using the following mileage allowance. You are allowed to drive 12,000 per year, 1,000 miles per month. If you exceed the mileage allowance for the lease term and do not purchase the Vehicle, you will pay 0.25 for each excess mile.

    You have the option to purchase the Vehicle at the end of the lease term for $ 33,656.55, plus any applicable official fees and taxes.

    What is the lease term? What is the MSRP? How many security deposits are you getting for the $5000?

    Msrp: 53185
    10'security deposits
    Lease 3yr/36k
    That looks like a really good deal.

    I see you posted in December. Did you lease it?

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  • jprimezjprimez Member Posts: 16
    Not yet.  Was planning to go today.  Don't think the MF or residual changed
  • kyfdxkyfdx Moderator Posts: 265,218
    jprimez said:

    Not yet.  Was planning to go today.  Don't think the MF or residual changed

    Probably not, but some dealer incentives might have changed, since the end of the year.

    I don't have that information, but something to keep in mind.

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  • jprimezjprimez Member Posts: 16
    edited January 2016
    Will do. One concern is that a guy in another thread got this deal:

    6 C300 sport - $53k MSRP
    Discount: $7500 off MSRP

    Due at signing: $1550
    Monthly payment: $460.00 including 7% NJ Tax
    10k miles, 36 months


    Now my lease is 12/36. But even with the adjustments, it looks like I can probably do better than my current deal, but I'm not sure at this points. I emailed the person who made the comment to get info on his dealer but haven't heard back. Anyone know if the discount is similar when adjusting residual and MF for 12k?
  • MichaellMichaell Moderator Posts: 261,961
    jprimez said:

    Will do. One concern is that a guy in another thread got this deal:

    6 C300 sport - $53k MSRP
    Discount: $7500 off MSRP

    Due at signing: $1550
    Monthly payment: $460.00 including 7% NJ Tax
    10k miles, 36 months


    Now my lease is 12/36. But even with the adjustments, it looks like I can probably do better than my current deal, but I'm not sure at this points. I emailed the person who made the comment to get info on his dealer but haven't heard back. Anyone know if the discount is similar when adjusting residual and MF for 12k?

    Discount shouldn't matter based on the lease term.

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  • jprimezjprimez Member Posts: 16
    Michaell said:

    jprimez said:

    Will do. One concern is that a guy in another thread got this deal:

    6 C300 sport - $53k MSRP
    Discount: $7500 off MSRP

    Due at signing: $1550
    Monthly payment: $460.00 including 7% NJ Tax
    10k miles, 36 months


    Now my lease is 12/36. But even with the adjustments, it looks like I can probably do better than my current deal, but I'm not sure at this points. I emailed the person who made the comment to get info on his dealer but haven't heard back. Anyone know if the discount is similar when adjusting residual and MF for 12k?

    Discount shouldn't matter based on the lease term.
    My discount is 7445, but my monthly payment with 10 SD's is 458. I guess I'm getting hit with more fees than the other guy. My sales tax is 11%, which makes up some of the amount plus the difference in lease mileage. Still seems off though
  • jprimezjprimez Member Posts: 16
    kyfdx said:
    Msrp: 53185 10'security deposits Lease 3yr/36k
    Here's the breakdown: since I've never leased before it's a little above my head. This includes the MSD's. Total of Payments (The amount you will have paid by the end of the lease): 17,674.16 Customer State: Pennsylvania Customer County: PHILADELPHIA Itemization of Payment Agreed Value: 45,740.00 a) Gross Capital Cost 46,535.00 b) Capital Cost Reduction -615.00 c) Adjusted Capital Cost 45,920.00 d) Residual 33,506.55 e) Depreciation Charge 12,413.45 f) Rent Charge 2,401.99 g) Total of base MP 14,815.44 h) Lease Term 36 i) Base MP 411.54 j) Monthly Tax 45.27 k) Personal Prop Tax 0.00 l) Excise Tax 0.00 m) Other Amounts 0.00 n) Total MP 456.81 Itemization of Gross Capital Cost a) Agreed Value: 45,740.00 b) AcquisitionFee 795.00 c) GAP Insurance 0.00 d) Document Fee 0.00 e) Warranty 0.00 f) Upfront Sales Tax 0.00 g) Service Tax 0.00 h) Cash Down Tax 0.00 i) Trade In Tax 0.00 j) Finance Tax 0.00 k) Tire Tax 0.00 l) Lic., Insp., Title, Reg. Fees 0.00 m) Other Fees 0.00 n) Total Capital Cost 46,535.00 Itemization of Amount Due at Signing a) Total Capital Cost Reduction 615.00 -Cap Reduction (Cash) 0.00 -Rebates 0.00 -Trade-In 615.00 b) Tax on Capital Cost Red. 0.00 c) First Monthly Payment 456.81 d) Last Monthly Payment(s) 0.00 e) Refundable Security Deposit 5,000.00 f) Acquisition Fee 0.00 g) Gap Insurance 0.00 h) Documentation Fee 395.00 i) Monthly Tax (Upfront) 0.00 j) Upfront Tax (not in Capital Cost) 0.00 k) Service Tax (not in Capital Cost) 0.00 l) Tire Tax (not in Capital Cost) 0.00 m) Lic., Insp., Title, Reg. Fees 219.00 n) Other Fees 0.00 o) Total Due at Signing 6,685.81 How the Amount Due at Signing will be Paid a) Net Trade-In Value 615.00 b) Rebates/Credits 0.00 c) Amount Paid in Cash 5,614.00 d) Total Due at Signing 6,685.81 Mileage Allowance The monthly payment and residual for this lease has been calculated using the following mileage allowance. You are allowed to drive 12,000 per year, 1,000 miles per month. If you exceed the mileage allowance for the lease term and do not purchase the Vehicle, you will pay 0.25 for each excess mile. You have the option to purchase the Vehicle at the end of the lease term for $ 33,656.55, plus any applicable official fees and taxes.
    What is the lease term? What is the MSRP? How many security deposits are you getting for the $5000?
    Msrp: 53185 10'security deposits Lease 3yr/36k
    That looks like a really good deal. I see you posted in December. Did you lease it?
    Not yet.  Planning to go today.  Doesn't look like the MF or residual changed.  Was hoping to get the dealer down more
  • jprimezjprimez Member Posts: 16
    kyfdx said:
    Msrp: 53185 10'security deposits Lease 3yr/36k
    Here's the breakdown: since I've never leased before it's a little above my head. This includes the MSD's. Total of Payments (The amount you will have paid by the end of the lease): 17,674.16 Customer State: Pennsylvania Customer County: PHILADELPHIA Itemization of Payment Agreed Value: 45,740.00 a) Gross Capital Cost 46,535.00 b) Capital Cost Reduction -615.00 c) Adjusted Capital Cost 45,920.00 d) Residual 33,506.55 e) Depreciation Charge 12,413.45 f) Rent Charge 2,401.99 g) Total of base MP 14,815.44 h) Lease Term 36 i) Base MP 411.54 j) Monthly Tax 45.27 k) Personal Prop Tax 0.00 l) Excise Tax 0.00 m) Other Amounts 0.00 n) Total MP 456.81 Itemization of Gross Capital Cost a) Agreed Value: 45,740.00 b) AcquisitionFee 795.00 c) GAP Insurance 0.00 d) Document Fee 0.00 e) Warranty 0.00 f) Upfront Sales Tax 0.00 g) Service Tax 0.00 h) Cash Down Tax 0.00 i) Trade In Tax 0.00 j) Finance Tax 0.00 k) Tire Tax 0.00 l) Lic., Insp., Title, Reg. Fees 0.00 m) Other Fees 0.00 n) Total Capital Cost 46,535.00 Itemization of Amount Due at Signing a) Total Capital Cost Reduction 615.00 -Cap Reduction (Cash) 0.00 -Rebates 0.00 -Trade-In 615.00 b) Tax on Capital Cost Red. 0.00 c) First Monthly Payment 456.81 d) Last Monthly Payment(s) 0.00 e) Refundable Security Deposit 5,000.00 f) Acquisition Fee 0.00 g) Gap Insurance 0.00 h) Documentation Fee 395.00 i) Monthly Tax (Upfront) 0.00 j) Upfront Tax (not in Capital Cost) 0.00 k) Service Tax (not in Capital Cost) 0.00 l) Tire Tax (not in Capital Cost) 0.00 m) Lic., Insp., Title, Reg. Fees 219.00 n) Other Fees 0.00 o) Total Due at Signing 6,685.81 How the Amount Due at Signing will be Paid a) Net Trade-In Value 615.00 b) Rebates/Credits 0.00 c) Amount Paid in Cash 5,614.00 d) Total Due at Signing 6,685.81 Mileage Allowance The monthly payment and residual for this lease has been calculated using the following mileage allowance. You are allowed to drive 12,000 per year, 1,000 miles per month. If you exceed the mileage allowance for the lease term and do not purchase the Vehicle, you will pay 0.25 for each excess mile. You have the option to purchase the Vehicle at the end of the lease term for $ 33,656.55, plus any applicable official fees and taxes.
    What is the lease term? What is the MSRP? How many security deposits are you getting for the $5000?
    Msrp: 53185 10'security deposits Lease 3yr/36k
    That looks like a really good deal. I see you posted in December. Did you lease it?
    Not yet.  Planning to go today.  Doesn't look like the MF or residual changed.  Was hoping to get the dealer down more
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