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Comments
61%/55% residual
$750 dealer cash
MBFS numbers are national
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2023 C300W4 4MATIC Premium Line with AMG Package
1. 36/10K / MF / Residual
2. 48/10K / MF / Residual
Standard MF and 50% RV
$750 dealer cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Can anyone speak to whether or not this is a good starting offer? Or should I be able to negotiate down some? I'll be returning my 2020 CLA lease with 34k miles on it. I initially leased it with 48k but have been driving a lot less.
Is that the price they are asking?
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98012 Zip
Your low mile 2020 model doesn't have any equity in it, for a trade?
72 month financing at 6% APR would be a lower payment than that lease.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00305 is that base mf for c43? I was offered base mf .00305 with good credit.
.00305 is that base mf for c43? I was offered base mf .00305 with good credit.
Yes, .00305 MF is base for Tier 1.
.00275 MF for Tier A1
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Ok. I guess they aren't lying then. Such a high mf for this car I guess.
I am getting 12% off msrp but with that mf it just stills feels bleh.
Is 12% typical? Looking to negotiate a bit on my c300 deal.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
What is MF Discount for Auto Pay?
What are the incentive amounts for MBFS Loyalty, Fleet Discount for ABA, TrueCar, American Express members?
Thank-you
2023 C300W RWD Sedan
MSRP: $50,895
Negotiated Selling Price / Adjusted Cap Cost: $45,895
Months / Miles: 36 / 7,500
RV: 62% = $31,554.90
MF: .00275 = 6.6%
Base Monthly: $611.32
9.5% Sales Tax: $58.08
Total Monthly Payment: $669.40
Up Front Fees:
Acquisition Fee: $1,095
Doc Fee: $85
10.25% Sales tax on Acquisition Fee + Doc Fee: $112.10
License Plate Fee: $1
State Tire Fee: $8.75
Vehicle License Fee: $299
Registration Fee: $60
CHP Fee: $27
Plate Fee: $1
County Fee: $10
Smog Abatement: $20
DMV Electronic Filing / AVRS CA Fee: $33
CA TIFF $168
Registration Fees / Subtotal Non-Taxable Fees: $627.75
Total Drive Off due at signing:
1st Month’s Payment: $669.40
Acquisition Fee: $1,095
Doc Fee: $85
Sales Tax: $112.10
Registration Fees: $627.75
Applied Cash Down / Cap Cost Reduction: $0
Subtotal: $2,589.25
Total Drive Off: $2,598
Unexplained Variance: $8.75
QUESTIONS:
1. What is the $8.75 variance between the dealer’s drive off amount and the subtotal amount due at signing for?
2. Is this a good deal?
3. Any room for improvement?
4. If yes, where?
$750 dealer cash
$1000 loyalty
No info on your other incentives
No discount for Auto Pay, any longer, I don't think.
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I don't follow the market, but $5K off seems reasonable.
$5K discount, no markup to the money factor. The only bump I see is $300 increase to the acquisition fee, which is typical for a Mercedes dealer.
All of the other numbers are legitimate and typical.
The calculated payment is exactly correct.
You won't know if you can do better, unless you shop more dealers.
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2023 C300W RWD Sedan without Panorama Roof
MSRP: $49,945
Negotiated Selling Price / Adjusted Cap Cost: $44,945
Months / Miles: 36 / 7,500
RV: 62% = $30,965.90
MF: .00275 = 6.6%
Base Monthly: $597.06
9.5% Sales Tax: $56.72
Total Monthly Payment: $653.78
Up Front Fees:
Acquisition Fee: $1,095
Doc Fee: $85
9.5% Sales tax on Acquisition Fee + Doc Fee: $112.10
License Plate Fee: $1
State Tire Fee: $8.75
Vehicle License Fee: $293
Registration Fee: $60
CHP Fee: $27
Plate Fee: $1
County Fee: $10
Smog Abatement: $20
DMV Electronic Filing / AVRS CA Fee: $33
CA TIFF $168
Registration Fees / Subtotal Non-Taxable Fees: $621.75
Total Drive Off due at signing:
1st Month’s Payment: $653.78
Acquisition Fee: $1,095
Doc Fee: $85
Sales Tax: $112.10
Registration Fees: $621.75
Applied Cash Down / Cap Cost Reduction: $0
Subtotal: $2,567.63
Total Drive Off on Dealer’s Quote: $2,576
Unexplained Variance: $8.37
QUESTIONS:
1. Is this a good deal?
2. Any room for improvement?
3. If yes, where?
4. Is this quote is a better deal and the quote for the C300W with a panorama roof?
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Thank-you
I’ve been informed at a dealer’s appraisal that my current car has some equity.
Is it better to sell my car to the dealer directly, what the dealer called a straight purchase, where the dealer would pay to MBFS the payoff amount and do all the paperwork with MBFS and the DMV
or is it better for me to do a lease return and pay $26,850 payoff amount + $150 purchase option fee + use tax, DMV title, license and registration fees to buy the car at the end of the lease and then sell my car to the dealer
Does applying $3,000 from the sale of my old car to the dealer to lower the adjusted cap cost of the next leased vehicle create any complications? If so, what are they?
As long as the dealer is buying the car, and crediting you with the equity, you want to trade it in. Otherwise, you have to pay sales tax on the purchase.
No problem with using your equity on the new vehicle. You can use it to pay your upfront charges, and walk out with nothing out of pocket.
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Hi, could I have the RV and exact MF numbers for C300 RWD Sedan. 36/10k Zip: 91307. Also, are there any incentives? Thank you in advance
36 months / 10k and 36 months / 7.5k
zip code 94105, 94611, and 95350?
No lease incentives
Tier A1 = .00275 MF
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Standard MF and 61% RV
Everywhere
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Dealer offered $30,000 for my car.
Payoff amount for lease buyout = $26,954.25.
I am to receive $3,045.75 for selling my car to the dealer.
Instead of providing me with a check, the dealer applied $3,045.75 towards the drive off of a new leased vehicle, resulting in an additional $289.35 cap reduction tax and I believe he applied the remaining credit $755.01 to reduce the Gross Capitalized Cost.
In addition, I am eligible to receive:
$1,000 MBFS Loyalty Bonus Cash as a returning MBFS customer
$4,000 Mercedes Benz Dealership Preferred Customer Bonus
$1,000 Mercedes-Benz Offer Code from American Express Auto Purchasing Program / TrueCar.
Dealer revised the offer to:
2023 C300W RWD Sedan
MSRP: $49,945.00
Selling Price: $44,945.00
Trades (W): $ 3,045.75
Rebates (W): Left blank
Cash Cap Reduction (W = Worksheet):
>> Total Cap Reduction: $ 3,045.75
>> Adjusted Cap Cost: $41,899.25
Lic/Reg UPFRNT (W): $ 599.00
>>UPFRONT Fees (W): $ 1,221.75
Total TAXES (W): $ 2,125.50
>> DRIVE OFF <<(W): $2,744.18
Customer Cash Down: $2,473.88
Working Cash (W): $2,473.88
Cash Surplus: -$ 300.30
Residual RT/$$: 62% $30,965.90
>> Money Factor (.00XX): 0.00275
>> Term: 36
Base Monthly Rental: $504.08
Monthly Use Tax RT/$$: 9.5% $47.89
MONTHLY PAYMENT: $551.97
When I asked about the breakdown of the amounts, the dealer showed me the following:
Upfront Fees:
Tire Fee: $ 8.75
Acquisition Fee (Cost $795): $ 1,095.00
Doc Processing Fee: $ 85.00
DMV Electronic Filing Fee: $ 33.00
TOTAL UPFRONT FEES: $ 1,221.75
Total Taxes:
Monthly Use tax: $504.08 x 9.5% = $47.89 x 36 = $ 1,724.04
Cap Reduction Tax: $3,045.75 x 9.5% = $ 289.35
Doc Tax Upfront: $85 x 9.5% = $ 8.08
Bank Fee Tax Upfront: $1,095 x 9.5% = $ 104.03
Privilege/Use Tax: Left blank
TOTAL TAXES: $ 2,125.50
Amount Due at Start:
First Monthly Payment: $ 551.97
License Fee: $ 599.00
State Tire Fee: $ 8.75
Acquisition Fee: $ 1,095.00
Doc Processing Fee: $ 85.00
DMV Electronic Filing / AVRS CA Fee: $ 33.00
CAP REDUCTION TAX: $3,045.75 x 9.5% = $ 289.35
Doc Tax Upfront: $85 x 9.5% = $ 8.08
Bank Fee Tax Upfront: $1,095 x 9.5% = $ 104.03
Total Inception Fees: $ 2,774.18
Total Drive Off: $ 2,774.18
Credits disbursed as:
Cust Cash as Drive Off: $ 2,473.88
Negative Cash Surplus: $ -300.30
And I was presented with the following Written Proposal:
Since it was after their closing time, I was told they would provide the documents over the weekend and they would deliver the car and pickup my old car on Monday.
Later, I received a text from the dealer stating he was able to find a little more money and the monthly payment would go down.
But when I received the lease, the numbers do not jibe, especially:
1. Gross Capitalized Cost went from $44,945.00 to $45,196.56 in Section 6, Line a (See attached image).
2. Capitalized Cost Reduction reported $3,775.01 in Section 6, Line b but it does not match the $4,346.05 amount from $3,045.75 Net Trade-in Allowance (Section 5b, Line 1) + $1,000 Rebates & Noncash Credits (Amex Auto Purchasing Program Code) in Section 5b, Line 2 + $300.30 Negative Cash Surplus from the dealer’s Amount Due at Start worksheet. What is the correct amount for Capitalized Cost Reduction?
3. Adjusted Capitalized Cost (Section 6, Line c) reported $41,421.55. Shouldn’t the Adjusted Capitalized Cost = $44,945.00 – ($3,045.75 Net Trade-in Allowance + $1,000 Rebate + $300.30 Negative Cash Surplus) = $40,598.95?
4. Why is the $3,775.01 Net Trade-in Credit (aka Capitalized Cost Reduction) in Section 6, Line b added to the Amount due at Lease Signing in Section 5a, Line 2 and not deducted?
5. Why does the amount in Box 1 titled Amount Due at Lease Signing include the Net Trade-in Allowance (Section 5b, Line 1 ) + Rebates (Section 5b, Line 2)? Shouldn’t the amount equal the Total Amount to be Paid in Cash (Section 5b, Line 3)?
6. Why does the Amount to be Paid in Cash ($2,556.00) in Section 5b, Line 3 (How the Amount due at Lease Signing) not match the $2,290.74 subtotal reported in Section 5a, Lines 3, 4, 6, 7, 8, 9, 10, 13 for Amount due at Lease Signing?
7. $3,951.74 in Section 12 (Estimated Official Fees and Taxes) does not match the $3,464.00 from the Monthly Sales Tax / Use Tax calculation: $1,674.00 ($46.50 Use Tax x 36 payments ) + $277 (Registration Fees) +$293 (License Fees) + $85 (Doc Processing Fees) + $33 (DMV Electronic Filing Fees) + $7 (Tire Fee) + $1,095 (Acquisition Fee). What is the correct formula to calculate the Estimated Official Fees?
8. Shouldn’t Sales/Use Tax in Amount due at Lease Signing (Section 5a, Line 4) = $393.38 instead of $462.66? My calculation: $289.35 from 9.5% Cap Reduction tax on $3,045.75 Net Trade-in Credit + $104.03 from 9.5% sales tax on $1,095 Acquisition Fee = $393.38. What is the correct amount for Sales/Use Tax?
9. Is the net trade-in credit subject to California sales or use tax if it is applied to reduce the Gross Capitalized Cost?
a. Is the net trade-in credit subject to California sales or use tax if it is applied towards the Amount Due at Lease Signing?
b. How should the Net Trade-in Credit be applied to avoid sales tax?
Thank-you
Could you please take a look and let me know if I am being hustled.
$250 added to the Gross CAP. You'll have to ask them why.
The negative cash surplus was from the original offer. With the numbers changing on the new contract, no surplus. (This amount actually increased the CAP cost, on the original offer)
It appears as though the AMEX and Preferred customer are the $5000 discounts from MSRP. I don't think these are rebates. The only rebate is the $1000 loyalty, shown in how the Amount Due at Signing will be paid. Your CAP cost reduction has increased with no explanation
The amount Due at Signing is up $82, but the monthly payment is down by $16/mo, leaving you ahead by $494 over the original proposal. This is reflected in your new adjusted CAP (about $500 lower than before)
Line 12: I don't know what goes into this number, but it's not an actual number that is in the contract. The relevant numbers are all spelled out, above.
The net effect of the changes: Price raised $250, but CAP cost reduction raised by $750, leaving you a net $500 gain. We don't have an explanation for where they found the extra $750 in CAP reduction.
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Is the dealer playing a shell game by stripping the $3,045.75 Net Trade-in credit and applying portions of the credit in different areas, like towards the drive off and portions towards reducing the Gross Capitalized Cost and increasing the price and fees and charging a cap reduction tax so that I do not receive the benefit of the entire credit?
Dealer deducted $3,775.01 Net Trade-in Credit (aka Capitalized Cost Reduction) in Section 6, Line b from Gross Capitalized Cost to arrive at the Adjusted Capitalized Cost.
But he also added $3,775.01 Net Trade-in Credit (aka Capitalized Cost Reduction) in Section 5a, Line 2 to determine the Amount Due at Lease Signing, resulting in a drive off $4,000 over the original drive off presented to me.
Is it correct to add $3,775.01 Net Trade-in Credit (aka Capitalized Cost Reduction) to calculate the Amount Due at Lease Signing?
What is the formula for Amount Due at Lease Signing when you have a Net Trade-in Credit?
Is this offer a good deal or am I being hustled out of money that I should be receiving?
Thank-you
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2023 C300 AWD 4Matic Convertible
Zip 92111
36/10K
No lease incentives
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While it makes your lease payment higher, if the values stay the same, you'd have a heck of a lot of equity at the end of the lease.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
36 months/7,500 miles
any incentives? Thank you so much!
What is your location?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
No lease incentives
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
May I have MF / RV and incentives for a C300 sedan RWD 36/12 77002 please?
$750 dealer cash
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May I please get MF, RV, lease incentive for 2023 C300W 36/10 in 77027. Total vehicle price is $49k. Thank you.
$750 dealer cash
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Thanks, what’s the standard MF?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Hello,
Could I get residual and MF on a c300 rwd for 12k/36 months? Zip is 34677. Thank you.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Sedan> @Michaell said:
Sedan please
Sedan please
Standard MF and 60% residual
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige