Lease questions for 2017 C300 Mercedes Coupe

xe_g_1234xe_g_1234 Member Posts: 3
edited August 2016 in Mercedes-Benz
I was hoping to be able to run my numbers by someone-
I'm interested in a 2017 C300 Coupe to lease for 48 months. Downpayment of $2500.
Residual of 26,000.
10K miles per year.
MSRP of 51,200 (which seems questionable, but what do I know?). I have a trade-in which would be 3000. But somehow, with all the taxes and fees, the vehicle price ends up back at 50,000.

I was wondering what a monthly payment should work out to. I am being told $620/month.

Comments

  • MichaellMichaell ColoradoModerator Posts: 206,303
    xe_g_1234 said:

    I was hoping to be able to run my numbers by someone-
    I'm interested in a 2017 C300 Coupe to lease for 48 months. Downpayment of $2500.
    Residual of 26,000.
    10K miles per year.
    MSRP of 51,200 (which seems questionable, but what do I know?). I have a trade-in which would be 3000. But somehow, with all the taxes and fees, the vehicle price ends up back at 50,000.

    I was wondering what a monthly payment should work out to. I am being told $620/month.

    Is this RWD or AWD?

    What state and tax rate is this?

    $620 seems reasonable, but without the specifics, we're only guessing.

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  • xe_g_1234xe_g_1234 Member Posts: 3
    RWD. 
    Texas, 6.25
  • xe_g_1234xe_g_1234 Member Posts: 3
    Has Premium 2 package.
  • MichaellMichaell ColoradoModerator Posts: 206,303
    xe_g_1234 said:

    I was hoping to be able to run my numbers by someone-
    I'm interested in a 2017 C300 Coupe to lease for 48 months. Downpayment of $2500.
    Residual of 26,000.
    10K miles per year.
    MSRP of 51,200 (which seems questionable, but what do I know?). I have a trade-in which would be 3000. But somehow, with all the taxes and fees, the vehicle price ends up back at 50,000.

    I was wondering what a monthly payment should work out to. I am being told $620/month.

    xe_g_1234 said:

    RWD. 
    Texas, 6.25

    Texas is a state that charges sales tax against the entire selling price.

    .00121 and 51% for 48/10

    Using $51,200 as the MSRP and $50,000 as the cap cost I get a payment of $590/mo

    I would confirm both the MF the dealer is using and the exact capitalized cost - $30/mo is about a $1500 difference.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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