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2013 and earlier-Mercedes-Benz C-Class Lease Questions
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Car_man
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Car_man
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Mercedes is no longer providing lease support on the 2009 C300. As a result, you definitely do not want to lease one right now. Its unsupported money factor jumps to a horrible .00395, though there is $4,000 dealer cash on it.
Car_man
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Obviously dealers have many expenses. And obviously there are back-end programs that help dealers cover these costs. But there is only one actual invoice per car. That said, it sounds like some folks are getting great deals on the C Class!
Thanks
You are right on the 2010 and the special MF, it seems we're both trying to get 2009's with the 4k cash on it and a good MF.
From what I am seeing is they are also discounting the MF on 09s to get rid of them I'm aiming at .0023 which they say is employee lease, so far it's been tough getting a bigger discount on the selling price then invoice minus the 4k factory to dealer
I just got an email from one of the Internet sales guys at Anaheim MB and they are willing to do just $5200 off MSRP. This is on a car with MSRP of $45,XXX. That is less than half the discount that FJ or even Long Beach were quoting me. How did you get them to do $7000 off? Was the $7k from the beginning or did you had to hassle for it? Have you tried to get them to do like 8K-9K off plus the employee pricing MF? I know they won't be able to do the 10K-11k off like FJ, but even 8-9k off would be good with 230 MF.
I've tried everywhere to get 8-9 + Special MF and seem stuck right now
2009 C300 - MSRP 44,460
DEALER #1 Selling Price: $37,244 (Special Money Factor .00237)
DEALER #2 Selling Price: $35,260 (Standard Lease Money Factor .00385)
2009 C350 - MSRP 46,640
DEALER #2 Selling Price: $36,440 Standard Lease Money Factor .00385)
The C350 actually costs less then the C300! Unfortunately the Money Factor is quite different
What would you guys do?
C300
Deal#1: $555/mo
Deal#2: $585/mo
C350
Deal#1: $595/mo
I'm assuming no cap reduction and just drive off costs of 1st payment, reg, and bank fee which should be close to $2K.
I don't know if these are good deals when you are getting close to $600 a month. I had previously leased a 2006 E350 with MSRP of $54,XXX for $587/mo including tax with just drive off of $2500.
I guess the C350 might be the better deal if you had to go with dealership that only do the 0.00385 MF. More power for just $10 more a month.
Base Payment $437.65 Plus Tax $42.67 Total Payment $480.32
Drive Off $2260.22.
What residual and MF are they using to calculate that monthly payment?
Thanks.
My dealer is offering the following on a '10 C300 Sport w/ Automatic and UMI package.
36 Months
MSRP=$37,465
Sale Price=$33,719
15K Miles
$3,500 Total Down
MF= .00208
Monthly=$442.87+tax
I'm certain there is room to maneuver with the MF, but I am uncertain as to whether I should be shooting for employee caliber (.00005) or a more reasonable one like you posted above (.00173).
Lease 36 month 10k miles Base Payment $437.65 Plus Tax $42.67 Total Payment $480.32 Drive Off $2260.22 - If I roll drive off, $558
Everyone said the special lease rate with MF .00173 is on 10s and on 09s you get the incentive money, so I went for the incentive money, got the selling price then worked the MF after. This is what I found out...
There is a off book program that MB gives to the dealership to close high profit deals which is usually reserved for leases they can make money on or they can use for customers they like or whatever. They are given a set number like 5 or 10 depending on size of dealership and what it does is basically give you an employee rate or near it/half way.
It's hard to get them but if you work them you can get that rate and on that program, I was told that with that much of a discount on selling price there was no way I can get the special lease but finally found 2 dealerships willing to do it, I'm going with the dealership with lowest price and lowest MF
btw your MF is great man but on a 2010 it should be .00173
2009 C300
Options
057 - Ipod Integration
413 - Panorama Roof
768 - 18" AMG Wheels
P02 - Premium Package II
320- Multimedia Package
427 - 7 Speed Automatic
MSRP of $44,150 the selling price of the vehicle I got was $35,225.
Zero Down
Since this is a lease, in finance, I opted for their up-sell of Lease Excess Wear and Tear and Tire and Wheel Protection, I had a previous BMW lease and really got hurt by those 2 so went for them.
Excess Lease Wear and Tear Plan for 3 years - $1,195 (negotiated down to $599)
Road Hazard Tire and Wheel for 3 years - $1195 - (negotiated down to $695)
I did not email them initially, I just looked up the internet team on the internet and called in told him I am ready to buy and if their number can match or beat I'll be in. I emailed him the numbers I was given which were from the nearest competing dealership, until I got the selling price to $35k
Since it was a 2009, not a 2010 the (.00173) money factor special was not eligible but after going back and forth he eventually got an OK from his desk manager to give me a money factor that was also a special at .00217 which is called a Mercedes Benz Ambassador Program Lease, dealers have these but in limited stock. So I went in the next day and the car already had a sold sign on it with my name.
If you can find any 09s in stock now is the time to get them (4k incentive for C300 and 5k incentive for C350) and if the dealer has any ambassador leases that drop your MF, left to use, try to get it. They need to clear these out and will, just have to negotiate hard for them.
BTW 2010 has different side turn signals and the biggest difference is on option package 320 (the multimedia package) on 2009s the package includes Logic 7 Surround 12 speakers, it is not included on the 2010s!
Its a 09 c300 4matic Silver/Black
Package 1
They took 7 payments
36 months 15k a year
0 money out of pocket at 624.90 a month.
Also, CARMAN can you tell me the residual and MF on these cars for October (If possible, please give me the different tiers as I'm looking for my bf and his credit is crap and I'll likely co-sign for him bc my credit is 720, but that still won't give him Tier 1 since it'll average)? Thank you so much!
I actually decided not to go thru with the C-class, i'm now looking into the ML's. Reason being, even with the MVP control #, the money factor wasn't good enough.
Not to get too personal, but be very careful about cosigning a lease for anyone who is not a relative, and even then. I know that people never think that good things will end, but they often do and an unfortunate breakup could potentially wreak havoc on your excellent credit score.
As far as the lease program on the 2010 C300 goes, if you were to lease one through MB Financial right now for 36 months with 15,000 miles per year, its money factor and residual value would be .00095 and 55%, respectively.
Car_man
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Do you have the MF and residual for a 3 year, 15K miles/ year lease?
bb
Car_man
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2010 C300 4MATIC
36 Months / 10 k miles/year
$2,800 Drive out costs
Monthly: $450
No options...
Black interior/Aluminum Trim
MF = 0.00089
Residual = 58%
Deal or No Deal ? Please advise!
MSRP 40275
Resid is 58% on 10k lease, need resid for 12k & 15K
http://www.mbusa.com/mercedes/#/specialOffersCurrent/?src=4318&chc=39363P
My experience is that on a 36 month deal, when you go from 10K - 12K miles, residual goes down 1%.
From 12k-15k, residual goes down 2%.
So, for 12K you're looking at 57%, and for 15K you're at 55%
P01 Premium 1
731 Burl Walnut Wood Trim
427 7-Speed Driver-Adaptive Automatic Transmission
Only one left in their inventory. Has 167miles. MSRP 37,695 in passing salesman offers 4k off the top.
I was actually their to test drive the A5 and E350. We were walking buy and I asked about it.
What are the lease rates for 09' C-class currently? I noticed several diff MF progs like ambassador program, etc back in Sept threads. Are these still viable targets to get a great lease on this car?
i just bought an ML350 on monday and have a great salesperson to recommend.
what are these super small number i see in alot of the leasing post mean?
2010 C300 sports sedan, black exterior, black interior, universal media interface, panorama sunroof, automatic, 18" AMG wheels
MSRP 39345
invoice 37252
price 34999
36 month lease, 10000 miles per year
drive off $5000 total cash due at lease signing
monthly $334.61 plus tax on approved tier 1 credit
I assume the down included 1st month, acquisition and the monthly includes taxes.
The residual value for a lease with only 12,000 miles per year would be 2% higher and the resid for a 10k lease would be 3% higher.
Car_man
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Car_man
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$434/mo for 36 months including CT taxes 10k/mi year MSRP $41000.00 including P1 / Metallic /Luxury Pkg 58% residual
Bank totals up your end-of-lease charges (over mileage, excess wear and tear)... If they are more than your security deposit, they deduct your security deposit, and send you a bill for the balance. If they are less than your security deposit, they deduct it from the deposit, and send you a check for the difference.
The security deposit is your money, and has no bearing on the end-of-lease charges, but they aren't going to make two separate transactions to settle up.
regards,
kyfdx
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2010 C300W4
Iridium Silver/ black
P1 pkg (includes, Sirius radio, heated front seats, memory seating, rain sensor wipers)
Multi media pkg (includes, navigation, iPod interface, voice control)
Panorama roof
MSRP $45,035
$541.00 x 36 months with $3,225.00 total due at signing (includes, 1st months payment, bank fee, DMV and taxes) allowing 10,000 miles per year.
Good luck.
rxke
I was quoted the following today.
2010 c class c300w 4dr sdn c300 sport - Black on Black
36 months 12k per year
$671 per month
$499 due at signing
included
PO1 package
Universal Media Interface
Panorama Sunroof
427 7 speed transmission
Burl walnut wood trim
AMG 5 twin spoke Alum Alloys
Retail $41,965
Selling Price $40,465.00
Net Sales Price inc fees and tax = $43,424.84
I am considering a number of cars including the C330 4 matic. Can you tell me where you received this offer? What dealer did you go to in CT? What kind of gas mileage are you getting around town and on the highway.
Good luck with the car. Thanks for your input.
Is Mercedes offering leases on its 2009's? I am looking at a 2009 Mercedes C300W Luxury. I need the 36 month, 10,000 mile numbers and also the Mercedes acquisition fee. Thanks.
I need a little help here. I have an offer on the table for a 2010 4matic sport for 36 months at $599/month with $2000 out of pocket and 18K miles per year. It's a premium 1 package. Any thoughts?