How much will I pay for a brand new (2016) Mercedes-Benz C300 4Matic? And will I get approved?

angelos1

Hi everyone! So I am planning on financing a 2016 C300 with 4Matic. I would love to go for E350 or a CLS400, however, I don't think I can afford it at this moment. So my credit isn't decent, but I do have very long and good credit/payment history. I can put down 5-6K and I can afford to pay $1500 every months max. with no pressure. I can also have a Co signer. I will do the longest term. And I live in Northwest Washington. So I was wondering, can I get approved? and approximately how much down payment should you pay and how much monthly? I would love if anyone had just financed a 2016 C300 too and share the concept with me! I would love to be a Benz owner and I really do look forward to my first Mercedes! If not then I'll just downgrade to a BMW or an Audi. But I still prefer Mercedes. Thank you!

Michaell

angelos1 said:

Hi everyone! So I am planning on financing a 2016 C300 with 4Matic. I would love to go for E350 or a CLS400, however, I don't think I can afford it at this moment. So my credit isn't decent, but I do have very long and good credit/payment history. I can put down 5-6K and I can afford to pay $1500 every months max. with no pressure. I can also have a Co signer. I will do the longest term. And I live in Northwest Washington. So I was wondering, can I get approved? and approximately how much down payment should you pay and how much monthly? I would love if anyone had just financed a 2016 C300 too and share the concept with me! I would love to be a Benz owner and I really do look forward to my first Mercedes! If not then I'll just downgrade to a BMW or an Audi. But I still prefer Mercedes. Thank you!

Use the "make / model / year" pull downs at the top of the page to link to the price tools. Build your car, put in your zip code and you will get a TMV (True Market Value), which is an average price paid by people where you live. As this is an average, your goal should be to come in under that number when you negotiate.

If you have a co-signer and $5K to use as a down payment on a purchase I think you should get approved for a loan. I don't think the payment will be $1500/mo, however - although I suppose it depends on how expensive the car is you want.

angelos1

Michaell said:

angelos1 said:

Hi everyone! So I am planning on financing a 2016 C300 with 4Matic. I would love to go for E350 or a CLS400, however, I don't think I can afford it at this moment. So my credit isn't decent, but I do have very long and good credit/payment history. I can put down 5-6K and I can afford to pay $1500 every months max. with no pressure. I can also have a Co signer. I will do the longest term. And I live in Northwest Washington. So I was wondering, can I get approved? and approximately how much down payment should you pay and how much monthly? I would love if anyone had just financed a 2016 C300 too and share the concept with me! I would love to be a Benz owner and I really do look forward to my first Mercedes! If not then I'll just downgrade to a BMW or an Audi. But I still prefer Mercedes. Thank you!

Use the "make / model / year" pull downs at the top of the page to link to the price tools. Build your car, put in your zip code and you will get a TMV (True Market Value), which is an average price paid by people where you live. As this is an average, your goal should be to come in under that number when you negotiate.

If you have a co-signer and $5K to use as a down payment on a purchase I think you should get approved for a loan. I don't think the payment will be $1500/mo, however - although I suppose it depends on how expensive the car is you want.

Sounds great! thank you very much Michael!