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Lease numbers on 2015 c300

yraida76yraida76 Posts: 14
edited December 2015 in Mercedes-Benz
This is what the dealer has quoted me, how does it look?
36 months
10k
msrp:47,970
gross capitalized cost 39,870.00
capitalized cost reduciton 450.46
trade in 1768.00
adjusted capitalized cost 41,187.54
base payment 416.00
taxes on payment 26.00
total payment 442.00
due at signing 2582.36
residial value 29,627.70
money factor .00144
Thank you

Comments

  • break down for the 2582.36 due is as follows
    416.00 first payment
    329.00 doc fee
    1095.00 acquisition fee
    cash cap cost reduction 450.46
    state tax 151.90
    registration fee 140.00
    also I am in MA , sales tax is 6.25
    thanks again
  • yraida76 said:

    This is what the dealer has quoted me, how does it look?
    36 months
    10k
    msrp:47,970
    gross capitalized cost 39,870.00
    capitalized cost reduciton 450.46
    trade in 1768.00
    adjusted capitalized cost 41,187.54
    base payment 416.00
    taxes on payment 26.00
    total payment 442.00
    due at signing 2582.36
    residial value 29,627.70
    money factor .00144
    Thank you

    break down of money due at signing:
    416.00 first payment
    329.00 doc fee
    1095.00 acquisition fee
    450.46 cash cap cost reduction
    151.90 state tax
    140.00 registration fee
    thanks
  • kyfdxkyfdx Posts: 128,440
    yraida76 said:

    yraida76 said:

    This is what the dealer has quoted me, how does it look?
    36 months
    10k
    msrp:47,970
    gross capitalized cost 39,870.00
    capitalized cost reduciton 450.46
    trade in 1768.00
    adjusted capitalized cost 41,187.54
    base payment 416.00
    taxes on payment 26.00
    total payment 442.00
    due at signing 2582.36
    residial value 29,627.70
    money factor .00144
    Thank you

    break down of money due at signing:
    416.00 first payment
    329.00 doc fee
    1095.00 acquisition fee
    450.46 cash cap cost reduction
    151.90 state tax
    140.00 registration fee
    thanks
    .00118 MF and 61% residual.

    MF is marked up from the base.
    Is the $1768 trade-in negative equity? Because it looks like its added on to the CAP cost.
    Acquisition fee is marked up from the $795 base.

    The calculations work out, if I use my MF (.00118) and not yours.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Thanks for the info, so with your numbers what should i be looking at for monthly payment?
  • kyfdxkyfdx Posts: 128,440
    yraida76 said:

    Thanks for the info, so with your numbers what should i be looking at for monthly payment?

    With my numbers, your monthly payment is correct.... With your numbers, I show it higher.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Hi, yes the $1768  is negative equity!!
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