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Mercedes c43 lease

CarobabakniaCarobabaknia Member Posts: 7
edited March 2019 in Mercedes-Benz
Hello, whats the MF, residual and lease credits for a 2019 Mercedes c43 with a MSRP of 67,015, my zip is 98034

Thanks

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  • MichaellMichaell Moderator Posts: 241,012

    Hello, whats the MF, residual and lease credits for a 2019 Mercedes c43 with a MSRP of 67,015, my zip is 98034

    Thanks

    Sedan, Coupe or Convertible?

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  • CarobabakniaCarobabaknia Member Posts: 7
    Sedan, sorry I forgot to mention that.
  • MichaellMichaell Moderator Posts: 241,012

    Hello, whats the MF, residual and lease credits for a 2019 Mercedes c43 with a MSRP of 67,015, my zip is 98034

    Thanks

    Sedan, sorry I forgot to mention that.

    36/15
    .00145 and 56%
    $1000 incentive

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  • CarobabakniaCarobabaknia Member Posts: 7
    Do you know how much % off MSRP I should ask for?
  • MichaellMichaell Moderator Posts: 241,012

    Do you know how much % off MSRP I should ask for?

    Sorry, we don't.

    Use this link to help, however:
    https://www.edmunds.com/tmv.html

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  • CarobabakniaCarobabaknia Member Posts: 7
    are those numbers only for 36/15? how about 36/10?
  • kyfdxkyfdx Moderator Posts: 236,760

    are those numbers only for 36/15? how about 36/10?

    Add 3%

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  • CarobabakniaCarobabaknia Member Posts: 7
    Hello, I typed all this into the leasehackr calculator and wanted to make sure I did it correctly before showing my dealer.

    MSRP:66,000
    sales price: 62,000 (6% off)
    money factor: .00145
    MSD: 0
    Miles/year: 36/10
    down payment: 3000
    Residual: 62%
    monthly payment with tax: 699
    drive off: 4,546
  • CarobabakniaCarobabaknia Member Posts: 7
    also if I get a car with more or less options and it changes the MSRP will that affect the MF or residual in any way? Thanks
  • MichaellMichaell Moderator Posts: 241,012

    also if I get a car with more or less options and it changes the MSRP will that affect the MF or residual in any way? Thanks

    The numbers won't change, but the residual value will.

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  • MichaellMichaell Moderator Posts: 241,012

    Hello, I typed all this into the leasehackr calculator and wanted to make sure I did it correctly before showing my dealer.

    MSRP:66,000
    sales price: 62,000 (6% off)
    money factor: .00145
    MSD: 0
    Miles/year: 36/10
    down payment: 3000
    Residual: 62%
    monthly payment with tax: 699
    drive off: 4,546

    I wouldn't start a lease with $4500 out of pocket, just to get to a specific payment threshold.

    I'd start a lease with only the first payment and registration costs up front, and add everything else into the lease.

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  • evan7578evan7578 Member Posts: 15
    What is the current MF and residual for a C43 Sedan and coupe? 24 and 36 months at 10K per year. Also, is there a 7.5K lease available?
  • kyfdxkyfdx Moderator Posts: 236,760
    evan7578 said:

    What is the current MF and residual for a C43 Sedan and coupe? 24 and 36 months at 10K per year. Also, is there a 7.5K lease available?

    Coupe: .00106 MF
    58%/53% residual for 24/36 mo, 10K/yr
    $500 incentive

    Sedan: .00128 MF
    64%/58% residual
    $1000 incentive


    Add 1% to residual for 7.5K/yr

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  • ZeusyZeusZeusyZeus Member Posts: 2
    Hi can I please have the MF and RV for a 2019 C43 convertible. MSRP 75,700 36 months, 12k miles. Zip code is 93534

    Could you also post what a reasonable lease payment would be for this vehicle? 
  • MichaellMichaell Moderator Posts: 241,012
    ZeusyZeus said:

    Hi can I please have the MF and RV for a 2019 C43 convertible. MSRP 75,700 36 months, 12k miles. Zip code is 93534

    Could you also post what a reasonable lease payment would be for this vehicle? 

    .00092 and 53%
    $1000 incentive

    Would need the MSRP and negotiated selling price to give you a payment.

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  • ZeusyZeusZeusyZeus Member Posts: 2
    Michaell said:
    Hi can I please have the MF and RV for a 2019 C43 convertible. MSRP 75,700 36 months, 12k miles. Zip code is 93534

    Could you also post what a reasonable lease payment would be for this vehicle? 
    .00092 and 53% $1000 incentive Would need the MSRP and negotiated selling price to give you a payment.
    75,700 is the MSRP, 66,956 is the sale price.  best they can do is $910 which sounds high. 
  • MichaellMichaell Moderator Posts: 241,012
    ZeusyZeus said:


    Michaell said:

    Hi can I please have the MF and RV for a 2019 C43 convertible. MSRP 75,700 36 months, 12k miles. Zip code is 93534

    Could you also post what a reasonable lease payment would be for this vehicle? 
    .00092 and 53%
    $1000 incentive

    Would need the MSRP and negotiated selling price to give you a payment.

    75,700 is the MSRP, 66,956 is the sale price.  best they can do is $910 which sounds high. 

    $844/mo, plus tax, with those prices.

    If the tax rate is 7.75%, then $910/mo is right there.

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  • surfersurfer Member Posts: 12
    edited June 2019
    are the june programs the same as may? C43 sedan zip 92009 36/12
    you mods are the bomb :)
  • MichaellMichaell Moderator Posts: 241,012
    surfer said:

    are the june programs the same as may? C43 sedan zip 92009 36/12
    you mods are the bomb :)

    .00128 and 57%
    $1000 incentive

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  • Pperc15Pperc15 Member Posts: 42

    Can I please have the numbers for a C43 Sedan in 19035? 36/7.5 39/7.5 and 48/7.5? Any incentives still running for June?

    Being quoted $617.85 per month including 9% tax for a $68,960 MSRP, $64,862.40 lease price and $10,200 trade in value. They gave me a residual of 54% of MSRP. This is for a 48 month / 7.5k lease.

    Are they even in the ballpark?

  • MichaellMichaell Moderator Posts: 241,012

    .00128 and 59% (36), 56% (42) or 54% (48)

    $1000 incentive

    I would advise against using trade equity to buy down the lease payment; that money would be lost if the car is stolen or totaled. Just first payment and registration costs should be paid at signing. Have the dealer give you a check for anything in excess of that amount.

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  • Pperc15Pperc15 Member Posts: 42
    edited June 2019

    Thank you. That's very helpful feedback - I'm very new to leasing. Given you are "financing" the car, doesn't financing more of it mean you are paying more interest? How does that work?

    Also, given that advice does that mean doing the security deposit is a bad idea to lower payments since you would also lose that if the car is lost or stolen?

    If I did the calculations correctly, it appears they used a MF of 0.00195. Does that make this a bad deal? They used 54% for the 48 month so that was dead on.

    How does the $1000 incentive work? They moved the 68,960 msrp to 64,862.40 so that's 6% off which I know isn't that good right now as the TrueCar/Edmonds calculates I should be getting around 9.4% off msrp.

    Sorry for all of the questions, I'm just very new to leasing. Have always purchased my cars with financing but now the wife and I are at a place in life where we want new cars every 3-4 years.

    edit: and to add, they are using a $1,095 lease acquisition fee which I think is high?

  • MichaellMichaell Moderator Posts: 241,012

    MSD monies are not at risk, and are absolutely recommended, if you can afford the up front cash (or, use the trade equity for that, instead)

    MF is absolutely marked up; I wouldn't go any further in the negotiations until they agree to give you the base rate. Acquisition fee is marked up from $795, as well.

    If the target is a bigger discount, you need to shoot for that, as well.

    Looks like you have some work to do to get the deal you want. Be patient, and work with multiple dealers.

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  • Pperc15Pperc15 Member Posts: 42

    Thank you. That was tremendously educational and helpful.

  • John_SmithJohn_Smith Member Posts: 35
    I managed to get the following deal (zip 98073)
    MSRP: 70000
    Terms: 36/10k
    Down: 4K
    Monthly : 723

    I hope that was a good deal
  • Mandalorian1Mandalorian1 Member Posts: 6
    Hello! I'm looking for MF, residual, and incentives for 2019 C43 sedan. Zip: 08648. 10k/36m.

    Thanks!
  • MichaellMichaell Moderator Posts: 241,012

    Hello! I'm looking for MF, residual, and incentives for 2019 C43 sedan. Zip: 08648. 10k/36m.

    Thanks!

    .00128 and 58%
    $1000 incentive

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