We are aware of the login problems affecting the forums, and appreciate your patience as we work on a fix.
Did you recently purchase a new Tesla, Rivian or Lucid vehicle directly from the manufacturer and willing to share how your experience compared to previous vehicle purchases made through a traditional dealer? A reporter would like to speak with you; please reach out to PR@Edmunds.com by 2/19 for details.
2013 and earlier-Mercedes-Benz C-Class Lease Questions
This discussion has been closed.
Comments
Still trying to work out a better deal myself. Last day of the month today, he may be motivated.
New 2006
On pay lease
24 months (he said 27 months would be more expensive)
$15,750.00 one pay amount
18,000 miles
June program
Black (non-met)/black
sunroof pkg
sat radio
6 cd changer
We were talking about a $36,000 or so price on the car
The one-pay seems high to me now.
I left a 500.00 deposit
Your prompt advice is appreciated. Thanks!
Pewter with Stone interior, Sun roof, Sat radio & 15 K miles / year. I had to sacrifice CD changer and memory seats to get this deal.
27 month lease
$6000 down includes everything (down payment, acq. fee, 1st month, tax, tags)
$ 335 per month
39 month lease
$6000 down includes everything (down payment, acq. fee, 1st month, tax, tags)
$ 345 per month
P.S. One pay sounds high !
C280 (no 4MATIC)
Sunroof Package
6-Disc Changer
Heated Front Seats
Power Dr Seat/Steering Col w/Memory
Split Folding Rear Seats
MSRP - $37,505
Cap Cost - 30,900 (82% of MSRP)
27 months
15k miles/annum
no money down other than drive off fees (no cap cost reduction)
Full standard warranty from MB
$400/month (before negotiating)
This seems like a good deal to me.
Do people agree or am I missing something?
Thanks
Here the specifics:
MF is .00180=4.32%
RF = $23,469 or 62.576%
Tax was run at 8.25%
I have been looking at the E350 b/c the deals were supposedly really good, but inventory is low so now getting hard to find one. The best I saw was $590 month with premium package (MSRP $54,300), $3000 down, 39 months, 15k miles.
Regarding the 280 deal I am working, the MF is very good and the cap cost reduction appears great (even given that the car has 9,000 miles - I really don't care abt this as long as they a) deliver it to me looking new b) my warranty is still in place which it is).
Have you been looking around at this car? I have not (was more focused on the 350s) so I am trying to make sure this pmt is as good as it looks. If so, I am going to jump on it I guess.
Let me know your thoughts.
Thanks
Based on the current promotion i am negotiating a deal to lease 2006 Mercedes C-230-WZ for $285 /month 1690 cap cost reduction. 10,000 miles a year. IS THIS A GOOD DEAL?. I always lived in a city so never bought a car since i came to this country 5 yrs ago. Now i accepted a job out of city so i need a car and don't have much clue in this field. Any suggestions on negotiating or things i need to be precautioned. I appreciate educating me. Thanks in advance.
Lease term: 27 moths
which is better to lease for less period or more period. Isn't that lease for less period is better so you we can change the car sooner?
In regards to the options, i never dicussed anythin yet. As he says standard. In checked the standard options comes with factory seetings, i belive those will be included. Am i right?
I agree, 10,000 miles i thought is very less. As a student in europe i used to go over 10,000 just driving around. I don't know incresing my milae option how much will increse mothly lease. what is reasonable increse if i am looking for 15,000 miles/year.
Previous details: 2006 Mercedes C-230-WZ lease for $285 /month 1690 cap. 10,000 miles/ year. excellent credit history.
I can't find the residual and base money factor for the 27-month programs on the c230 and c280. It must be a bit better than the 24-month numbers.
Also, why are the selling prices so far below invoice right now? I have a fairly good understanding of leasing, and with some of the numbers being posted above I can't understand why the c-class board is so quiet. :confuse:
Thanks for the help!
I am looking at leasing a 2006 C-Class 230 (automatic, cd-changer and sunroof) MSRP 33,575 (negotiated price $30,077). Its a 39 month lease, $2,500 down, 15,000 miles at $415 a month (plus 8.25% tax). Money factor is 000.28 and the residual is $19,809. Is this a good deal?
I can purchase it for $559 a month tax included (with $3,000 down at 5.9 interest rate). Its only $100 more a month. Is the lease worth it? assuming I can keep the car for say 5 years?
thanks
I just leased a similar C230 last week(Post #62). You should check your lease numbers because they do not seem to add up and your monthly payment should be lower.
1. The money factor should be .0024 instead of .0028 through MB if you have Tier 1 credit.
2. You can calculate your monthly payment on Leaseguide.com very easily.
3.You need to figure out what your $2500 down encompasses. MB's acquisition fee is $795. Reg/lic fees should be $300-350. My dealer fees were $73. The remainder of your $2500 should be cap cost reduction lowering your monthly payment.
4. The residual rate through MB Finance on their current lease special seems artificially high which means you can save significant $ on a lease.
Following up on my lease question, I requested the dealer for a copy of the proposed lease and noticed that in calculating the lease payments the dealer added an amount of $5,495 as "Rent Charges". I know is a pretty high number, since I am leasing an X3 BMW and the amount added as Rent Charges was only $2,800. Do you have any advise or comments regarding this? Thanks
Rent charges are purely a function of the money factor, selling price and length of lease. If you lower the money factor to .0024 the rent charges will decrease as will your monthly payments by $20+/mo. Your X3 must have a very low money factor or short lease term.
What is your dealer doing for that $400 doc fee, many dealers will only charge $45 for doc fees. You should also know exactly how much of your $2500 is going toward reducing the cap cost of your car as opposed to fees,etc.
I believe MB's standard dispo fee is $595.
Thanks for your help. My cap reduction cost is $1143.71. The residual is %58. Is this what it should be? I thought MB was using 61%. Dealer is not doing much with the doc fees, but will ask again.
Total drive off: $2500
27 months, 15 K per year
$375 / month, including tax.
I'm not sure about the money factor, but the residual was 68%.
I leased Acura before, and there didn't have any depo fees. I was bummed out about $600 depo fee.
I think I got a good deal. What do you guys think?
The deal is: 27 month lease - 12K miles a year - $2000 down (includes lease acquisition fees and taxes) - $360 per month.
Is this a good deal?
At first glance, that seems good! To give you a better answer though, and for my personal edification, would you share the money factor, residual, MSRP and selling price you got on the car? Thanks for your help!
2006 C-280 Luxury Sedan
4 Matic transmission
Sunroof Package
6 CD Changer
Navigation
27/mo 10k miles
They are asking for $3,050 down and $450 a month including taxes.
What do you guys think, your prompt response is appreciated.
Please post the August Lease info (money factor, residual) for the 2006 Mercedes C350 (Sport and Luxury versions) for 12, 24 and 36 months, at 12K and 15K miles per year. Also, does the current $5000 dealer cash apply to these leases through Mercedes? Thanks!
4 Matic transmission
Sunroof Package
Sat Radio
39 mon / 15 k miles
I paid $6K down including taxes, tags, first mont payment, acq fee etc. Down payment was on the higher side bcoz MD charges tax on total vehicle price. My monthly payment is $339.
I was offered $335 for 27 months. But I decided to go with 39 months due to high upfront taxes.
Anyway, considering what I was offered back in Jun 2006 your deal is higher by approx. $2k (i.e. over the period of 27 months). Hope this helps..........
It seems like you got a great deal, but I don't like how much you had to put down.
Anyway, I didn't take the lease I mentioned above, but a week later the dealer calls me with the following offer on a 2007 C280, which I ended up taking.
2007 C280
4 MATIC
Sunroof Package
Navigation
6 CD Changer
Memory Seats
27 month/ 10k miles per year lease.
$450 a month including taxes.
My total due at signing was about 1350 and that included my first months payment, bank fee, and document fee.
What do you think?
I leased a 2007 C 280 Luxury Sedan
4Matic
Sunroof Package
Rear side airbags
CD changer
Split fold down seats
48/mo 12k miles/yr
Had $0 down, and $489 mo. including taxes
I've leased many vehicles and paying money down on a lease is not the best way to go. Never pay $$ down, if you have the extra cash put it in an account and use it toward your mo. payment. NEVER GIVE IT TO THE DEALER!!!
Thanks!!!!
Looking to lease myself.
Rob
Car_man
Host
Prices Paid Forum
Forget the original sticker. That has no bearing on things now. You paid for depreciation plus interest. Your contract says you can buy it for the residual. You want it for less. they do NOT want your car with 16,000 extra miles at the end of your lease.
Put an ad in your local paper with 62,000 miles and see what your best offer is. That's what it's worth. It will be lots less than $19,878. If they take it back they'll just send it to the Manheim auction and get $14,000 for it (est), so tell them you want to buy it for $14,000.
If you have a big auction in your area, go by and ask them to appraise your car. If they say it'll sell for $14,00, then MB will get 90% of that value.
2007 C230 with sunroof package
27 months 12000 mi
Top tier credit (MB Financial already run it)
2005 PT cruiser trade in value is $8k (Negative equity is $4k since I have a payoff amount of $12k)
Willing to pay a downpayment of $2k to cover a portion of the negative equity on the PT Cruiser
Q1: What is my risk if I have a trade and has a $4k upside down and giving $2k as down?
Q2: I was quoted .00307 and 71% res value? Are those right?
Q3: What better deal is out there for me?
Q4: Any good lease specials coming up this November that you might know about?
Thank you very much in advance for your input.
Thanks very much.
Leased my car last 11/1/06 from SoCal WI Simonson (www.mbsantamonica.com). Internet Sales people were very straightforward and quick. Gave me real numbers to work on. Haggled a bit but all those time, I never had to deal with BS which I got from the other dealers I spoke with --- both floor and internet. Plus, they gave me the highest trade in value for my 2005 PT Cruiser Touring – same with what Carmax gave me --- and I think, that rarely happens. And I was in and out of the dealership to pick up my car in a snap!
So here are the LEASE specs for your reference:
2007 C230 Sport V6 A/T
SP/cap cost: $2100 below carsdirect invoice
Trade in value for PT Cruiser: $8500
$1500 net upside down on the PT
Paid DMV fees, sales tax and first month upon lease signing (drive off $800)
Acquisition fees were added to capitalized cost
27 mos. 12,000 mi/yr
MF based on Tier 1 credit
Monthly payment: $484
Hope this helps. :shades:
Also, my friend said she paid $800 to get her brakes done on her c230. Do you have any idea how much I can expect to pay on maintenance? Do you think I can use 89 gasoline instead of 91 at times?
I created a spreadsheet which I used when I negotiated my new lease and based on your numbers, you will pay $375/month incl taxes given the following assumptions:
12k mi/yr for 27 months
$28900 selling price
Tier 1 credit = .0025 MF
69% Residual
$1000 down only
Plus around $700-800 drive off fees (incl. taxes, DMV fees and 1st month payment)
I guess with a lease, all you have to pay for is the scheduled maintenance which is around $300-500. Hope this helps. Good luck on your lease hunting.
You can determine approximately how much it will cost you to get out of your current lease by comparing its purchase price to its value on the open market at this time. You should place a call to the bank that you are leasing your vehicle through to find out its exact price. Once you know exactly how much money it is going to cost you to buy your leased vehicle you need to compare it to its current value on the open market. You can find out approximately what your vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: sysop, "Real-World Trade-In Values" #, 14 Dec 2000 10:07 pm. Don't forget to check to see if you are still on the hook for your remaining lease payments. The difference between your leased vehicle's current value and how much it will cost you to buy it plus any remaining lease payments that you are obligated to pay will equal the cost of getting out of your lease right now. You may find that you are better off waiting until you are closer to the scheduled end of your lease to get another new vehicle.
Car_man
Host
Prices Paid Forum
Mercedes is currently running the winter ads for leasing. I am looking at the C class C230 sport sedan. This one has the following deals for 27 months leasing for $299/month with the following down payment:
$299 First month's payment
$2,850 Capitalized cost reduction
$795 Acquisition fee
$3,944 Total cash due at signing
They did not say in details what options does the car have and what is the mileage limit. I assume it's around 12k mileage.
Is this a good deal? Any advice could be appreciated.
Thanks
I am trying to negotiate a lease for a 2007 C230 in Ft. Lauderdale. (MB of Ft. Lauderdale). The car I am looking at has a sticker of $34,705 (sunroof pkg, cd changer and metallic paint). I can pretty much get the dealer to go to carsdirect invoice plus $100 without much trouble at all, but I see that those of you in Southern California do much better, sometimes as much as 2k below invoice. Is this a regional difference that I will not be able to overcome? We have several dealerships to chose from here, but they are all owned by the same parent company, AutoNation, so while the stores compete, it is not quite the same as if they operated under a different corporate ownership. At the very least, I want them to give me the current $1000 incentive in addition to the invoice pricing.
They made the best offer thus far on my 2006 VW Jetta TDI (Diesel), as CarMax was way off base on this car and I have about 2k positive equity.
At the very least, I want the same money factor (which appears to be about 4.9%) and residual (70%) that they are offering in the Winter Event special, as I am looking at the 27 month term with 10k/year (I drive very little, roughly 7-8k per year) so this is fine with me.
Does this sound like a reasonable expectation? Anyone in South Florida have any experiences to share?
Can you help me with this? I am in Southern California and thinking of leasing a C230 Sport that does not have a sunroof or CD Changer. I believe the sticker price was close to $31,000 and sale price is about $28,000. I would put down $1,400 with a payment of $377 with tax and 12,000 miles a year. The residual is 70%. The lease is 27 months. What do you think of this deal?
MSRP: $35305 (Silver/Auto/Sunroof Pkg/Power Seats/6CD changer)
Negotiated Price: $31305
15K miles/yr
27 months lease
67% residual
Money Factor: 0.00300
$860 drive off
Monthly Payment: $520 inc Tax.
Thanks
Hope all is well and that you had a great holiday. You really do a great job. My dad wants to lease a 2007 C280 this weekend. Can you please provide residual, MF and Bank Fee for 27 mos and 36 mos for both the AWD and RWD versions. From what I understand the current lease suport for MB finance is only on the AWD version. Please provide both.
Thanks
Yhari
I just got an offer below for the lease of 2007 C230. Let me know if it's a good deal:
MSRP: $35305 (Silver/Auto/Sunroof Pkg/Power Seats/6CD changer)
Negotiated Price: $32300
12K miles/yr
27 months lease
69% residual
Money Factor: 0.0027
$4485 down payment ($2850 down, $795 acquisition fee, first month lease and tax)
Monthly Payment: $338 inc Tax.
Is this a good deal?