2016 Mercedes C Class Lease Questions

Michaell

oghowie said:

Michaell said:

RWD numbers are slightly different. 63% and .00152 for 36/10.

Acq fee is marked up as well from $795.

Was this wrong what was posted earlier in the thread? What numbers are these for? Thanks!

36/12
300 - 63% and .00154
450 - 58% and .00129

Add 1% for 10K

.00154 is the MF for the C300 4Matic and 63% is the 36/12 residual for same.

The C450 numbers are .00129 and 58% for 36/12.

Add 1% to the residual to the above for 36/10.

oghowie

Dealer agreed to base MF and $795 acquisition fee if I sign up for MB autopay.

Final numbers on a $44140 MSRP C300 RWD.
36 month / 10,000 miles
$847 drive off
$432.31 /month tax included

I was surprised how good a deal I ended up getting. Thanks Michaell!

Michaell

oghowie said:

Dealer agreed to base MF and $795 acquisition fee if I sign up for MB autopay.

Final numbers on a $44140 MSRP C300 RWD.
36 month / 10,000 miles
$847 drive off
$432.31 /month tax included

I was surprised how good a deal I ended up getting. Thanks Michaell!

Congrats! Enjoy your new C-class!

sebzx79

I am surprised Noone is losing MSDS you could have ended up under 400.

cuznvin1

Hi. I am new here and contemplating a possible 48 month lease What would the MF and Residuals be for an AWD C300 , 48/15 or 48/12. Thanks so much Michael!

kyfdx

cuznvin1 said:

Hi. I am new here and contemplating a possible 48 month lease What would the MF and Residuals be for an AWD C300 , 48/15 or 48/12. Thanks so much Michael!

.00154 MF and 49%/51% residual

36 month residuals are 12% higher, and may result in as good or better of a payment.

cuznvin1

thank you

cuznvin1

So, what would the residual and MF be for a C300, AWD, 36/15.. The dealer is giving me 61% and .00159 Thank you!

kyfdx

cuznvin1 said:

So, what would the residual and MF be for a C300, AWD, 36/15.. The dealer is giving me 61% and .00159 Thank you!

.00154 MF and 61% residual

mu_brian

kyfdx, do you have numbers for a C300 sport, RWD on a 24/15 term? Thanks in advance.

sebzx79

Guys use Multiple security deposits it drops your payment by 50 plus bucks a month...

kyfdx

mu_brian said:

kyfdx, do you have numbers for a C300 sport, RWD on a 24/15 term? Thanks in advance.

.00152 MF and 65% residual

36 month residuals are just 5% lower.

cuznvin1

sebzx79 said:

Guys use Multiple security deposits it drops your payment by 50 plus bucks a month...

What exactly do you mean by multiple security deposits?

oghowie

What would MF and residual be on a c300 RWD, 24 / 10k?

Friend is telling me to change to a 24 mo lease instead of 36. 

kyfdx

oghowie said:

What would MF and residual be on a c300 RWD, 24 / 10k?

Friend is telling me to change to a 24 mo lease instead of 36. 

.00152 MF and 68% residual.


36 month residual is 63%

Hard to see a scenario where the 24 month lease is a better deal.

oghowie

kyfdx said:

What would MF and residual be on a c300 RWD, 24 / 10k?

Friend is telling me to change to a 24 mo lease instead of 36. 

.00152 MF and 68% residual. 36 month residual is 63% Hard to see a scenario where the 24 month lease is a better deal.

I agree. Thanks for the info. 

sebzx79

MSD ( Multiple security deposit)  with MB you can use up to 10 (if your payment is 400 you give them a check for 4000 dollars to hold and you get it back at the end of the lease) each one lowers your Money factor by .00007 so if you use all 10 plus auto pay you cut the current money factor (rate) in half from .00154 to .00074. This costs your interest payment by 50-60 dollars a month

sebzx79

36 times 50 bucks is 1800 dollar savings to let them hold 4000 dollars. Great return

oghowie

Now I see what dealers get such a bad rap. Supposed to pick up the car today and now they want to add $300 to the lease because they had to pay that to get the car transferred to them...

skibird

Hi, what are the money factor and residual for a 36mo/10k lease on a '16 C63 S? Thanks!

Michaell

oghowie said:

Now I see what dealers get such a bad rap. Supposed to pick up the car today and now they want to add $300 to the lease because they had to pay that to get the car transferred to them...

Do you already have a contract in place? If so, the dealer can pound sand on the $300. If not, then you may have to negotiate something if it was a special color combo you requested.

Michaell

skibird said:

Hi, what are the money factor and residual for a 36mo/10k lease on a '16 C63 S? Thanks!

50% and standard MF (.00200-.00220)

cuznvin1

sebzx79 said:

MSD ( Multiple security deposit)  with MB you can use up to 10 (if your payment is 400 you give them a check for 4000 dollars to hold and you get it back at the end of the lease) each one lowers your Money factor by .00007 so if you use all 10 plus auto pay you cut the current money factor (rate) in half from .00154 to .00074. This costs your interest payment by 50-60 dollars a month

I was told that this cant be done in New York.

Michaell

cuznvin1 said:

sebzx79 said:

MSD ( Multiple security deposit)  with MB you can use up to 10 (if your payment is 400 you give them a check for 4000 dollars to hold and you get it back at the end of the lease) each one lowers your Money factor by .00007 so if you use all 10 plus auto pay you cut the current money factor (rate) in half from .00154 to .00074. This costs your interest payment by 50-60 dollars a month

I was told that this cant be done in New York.

That is correct, but you should be able to get the car from a NJ or CT dealer and use MSD.

cuznvin1

yes

cuznvin1

Does this sound like a good offer?
C300 4MATIC Sedan with Luxury Package
Total: $48,525
Selling price $42,800
Payment is $531.00 with $650.00 due at signing.
MF .00154 Residual 63%

cuznvin1

and thats including $1500 dealer cash

kyfdx

cuznvin1 said:

Does this sound like a good offer?
C300 4MATIC Sedan with Luxury Package
Total: $48,525
Selling price $42,800
Payment is $531.00 with $650.00 due at signing.
MF .00154 Residual 63%

I get $453/mo.

You need $2700 more to get to $531/mo.

If the acquisition fee, tax and DMV fees add up to $2700, then it looks good.

skibird

Michaell said:

skibird said:

Hi, what are the money factor and residual for a 36mo/10k lease on a '16 C63 S? Thanks!

50% and standard MF (.00200-.00220)

Thanks. Wow...impressively bad! Helps explain the M3's popularity (64% and .00135 this month).

cuznvin1

Umm. ya.. I didnt get $531 even with the acquisition fee added to his supposed selling price! WTH!!

sebzx79

kyfdx said:

Does this sound like a good offer? C300 4MATIC Sedan with Luxury Package Total: $48,525 Selling price $42,800 Payment is $531.00 with $650.00 due at signing. MF .00154 Residual 63%

I get $453/mo. You need $2700 more to get to $531/mo. If the acquisition fee, tax and DMV fees add up to $2700, then it looks good.

I get 507 with 7% tax 795 inc 495 doc and 270 tags

vmichael

Hello,

Do you have current numbers for a C300 sport, RWD? I am looking at a low-mileage lease, either 5/7.5/10k/year for 36 months. Thank you.

Michaell

vmichael said:

Hello,

Do you have current numbers for a C300 sport, RWD? I am looking at a low-mileage lease, either 5/7.5/10k/year for 36 months. Thank you.

.00152 and 65% for 36/7.5k

arodr017

can i please have the lease money factor and residual for: 2015 c400 36months 12k miles and 2016 c300 rwd 36months 12k miles

kyfdx

arodr017 said:

can i please have the lease money factor and residual for: 2015 c400 36months 12k miles and 2016 c300 rwd 36months 12k miles

No 2015 model C-Class program

C300: .00152 MF and 62% residual

mmccaskill

Just received this quote and wondering if it's accurate. Based on KBB I'm estimating my net trade in to be $2k. I'm in NC where 3% tax.

2016 C-300 4Matic
MSRP: $60,685
Market Adjustment: $4,231
Adjusted Price: $56,454
Tint: $399
Total Purchase: $56,853
Trade Allowance: $2,000
Trade Difference: $54,853
Dealer Admin Charge: $649
Tax: $19.47
Non Tax Fees $103
Net Price: $55,624.47

He's saying 36m/12k is $707 (includes tax), residual is 63% and MF is 0.00160. Does it look accurate?

Michaell

mmccaskill said:

Just received this quote and wondering if it's accurate. Based on KBB I'm estimating my net trade in to be $2k. I'm in NC where 3% tax.

2016 C-300 4Matic
MSRP: $60,685
Market Adjustment: $4,231
Adjusted Price: $56,454
Tint: $399
Total Purchase: $56,853
Trade Allowance: $2,000
Trade Difference: $54,853
Dealer Admin Charge: $649
Tax: $19.47
Non Tax Fees $103
Net Price: $55,624.47

He's saying 36m/12k is $707 (includes tax), residual is 63% and MF is 0.00160. Does it look accurate?

.00154 and 63%.

Using your supplied MSRP and net price, I get $647/mo with tax included. Bump in MF is adding about $5/mo, so I'm not sure where the $707/mo comes from - there is about $2000 difference total.

mmccaskill

Michaell said:

mmccaskill said:

Just received this quote and wondering if it's accurate. Based on KBB I'm estimating my net trade in to be $2k. I'm in NC where 3% tax.

2016 C-300 4Matic
MSRP: $60,685
Market Adjustment: $4,231
Adjusted Price: $56,454
Tint: $399
Total Purchase: $56,853
Trade Allowance: $2,000
Trade Difference: $54,853
Dealer Admin Charge: $649
Tax: $19.47
Non Tax Fees $103
Net Price: $55,624.47

He's saying 36m/12k is $707 (includes tax), residual is 63% and MF is 0.00160. Does it look accurate?

.00154 and 63%.

Using your supplied MSRP and net price, I get $647/mo with tax included. Bump in MF is adding about $5/mo, so I'm not sure where the $707/mo comes from - there is about $2000 difference total.

First I emailed back and asked where the acquisition fee was since I didn't see any reference to it. He said "the acquisition fee, dealer documentation fee and sales tax are included in the payment". Then I posted my question here. I have a spreadsheet as well that came out close to that so I emailed the guy back asking where the $50/month difference is. If he can't explain it I'll just move on. Sad really because it's pretty much the exact car I want.

Michaell

mmccaskill said:

Michaell said:

mmccaskill said:

Just received this quote and wondering if it's accurate. Based on KBB I'm estimating my net trade in to be $2k. I'm in NC where 3% tax.

2016 C-300 4Matic
MSRP: $60,685
Market Adjustment: $4,231
Adjusted Price: $56,454
Tint: $399
Total Purchase: $56,853
Trade Allowance: $2,000
Trade Difference: $54,853
Dealer Admin Charge: $649
Tax: $19.47
Non Tax Fees $103
Net Price: $55,624.47

He's saying 36m/12k is $707 (includes tax), residual is 63% and MF is 0.00160. Does it look accurate?

.00154 and 63%.

Using your supplied MSRP and net price, I get $647/mo with tax included. Bump in MF is adding about $5/mo, so I'm not sure where the $707/mo comes from - there is about $2000 difference total.

First I emailed back and asked where the acquisition fee was since I didn't see any reference to it. He said "the acquisition fee, dealer documentation fee and sales tax are included in the payment". Then I posted my question here. I have a spreadsheet as well that came out close to that so I emailed the guy back asking where the $50/month difference is. If he can't explain it I'll just move on. Sad really because it's pretty much the exact car I want.

There is a difference between "can't" explain and "won't" explain. Figure out which it is.

Getting the adjusted cap cost should tell you where the delta is.

mmccaskill

He sent back a whole screen shot of his computer.

1. First acquistion fee is jacked up to $1,095
2. For some reason my $2k trade in is being applied as $1,293.60, which when I enter into my spreadsheet I get the amount he does.

Not sure why this is. Maybe it's a state thing. I'll give it to him he's been pretty transparent.

Michaell

mmccaskill said:

He sent back a whole screen shot of his computer.

1. First acquistion fee is jacked up to $1,095
2. For some reason my $2k trade in is being applied as $1,293.60, which when I enter into my spreadsheet I get the amount he does.

Not sure why this is. Maybe it's a state thing. I'll give it to him he's been pretty transparent.

The rest of the $2000 is going to cover the first months payment.

The numbers work out the same for me, as well.

mmccaskill

Seems weird to me it's included as a cap cost reduction. So I emailed him back also asking where the $1,293.60 is coming from. Thanks for your help and quick responses.

vpham73

Hi. Can I get MF and residual for the following:
C300 - RWD 10k/36mo
C450 - 10k/36mo

I live in Washington state. Thanks!

kyfdx

mmccaskill said:

Seems weird to me it's included as a cap cost reduction. So I emailed him back also asking where the $1,293.60 is coming from. Thanks for your help and quick responses.

The 1st payment isn't included as a CCR. Because it doesn't reduce the CAP cost.

$2000 due at signing = $1293.60 CCR + $706.40 1st payment.
Nothing to check on.. It's all there.

kyfdx

vpham73 said:

Hi. Can I get MF and residual for the following:
C300 - RWD 10k/36mo
C450 - 10k/36mo

I live in Washington state. Thanks!

300: .00152 MF and 63% residual
450: .00129 MF and 59% residual

mmccaskill

kyfdx said:

mmccaskill said:

Seems weird to me it's included as a cap cost reduction. So I emailed him back also asking where the $1,293.60 is coming from. Thanks for your help and quick responses.

The 1st payment isn't included as a CCR. Because it doesn't reduce the CAP cost.

$2000 due at signing = $1293.60 CCR + $706.40 1st payment.
Nothing to check on.. It's all there.

Oooh ok I see thanks. I'd rather use the full $2,000 for reducing cap cost then pay the first payment in addition. Thanks so much!

mmccaskill

So I emailed back requesting the full trade in be applied for cap cost reduction, and that either acquisition fee reduced to standard or increase the discount off the MSPR by $300 and he said ok. Going tomorrow for a test drive and possibly sign. Thanks so much.

kyfdx

mmccaskill said:

So I emailed back requesting the full trade in be applied for cap cost reduction, and that either acquisition fee reduced to standard or increase the discount off the MSPR by $300 and he said ok. Going tomorrow for a test drive and possibly sign. Thanks so much.

Good luck!

sebzx79

mmccaskill said:

Seems weird to me it's included as a cap cost reduction. So I emailed him back also asking where the $1,293.60 is coming from. Thanks for your help and quick responses.

The 1st payment isn't included as a CCR. Because it doesn't reduce the CAP cost. $2000 due at signing = $1293.60 CCR + $706.40 1st payment. Nothing to check on.. It's all there.

Oooh ok I see thanks. I'd rather use the full $2,000 for reducing cap cost then pay the first payment in addition. Thanks so much!

First I would ask for deeper discount maybe 10%.

Second I wouldon't ask to lower the inception  to 795.

Third  I would use autopay to lower my MF by .0001

Forth  I would use the two thousand as MSD  ( each one lowers it by. 00007  you can use up to 10.  So essentially you can cut the MF from .00160 to .0008 and lower you payment to low 600 area and you get the cash back at end of lease.

sebzx79

The above numbers are with the numbers you provided