c63 lease deal good or bad deal
#1
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sl550
c63 lease deal good or bad deal
Looking at c63 coupe, obsidian black, lighting package, amg development, media package, leather package two-tone, carbon fiber, lane tracking, keyless go, mbrace,
asking 80,785
reduced to 77,000
residual $46616.88 36 month, $53977.44 residual on 24 month
Money factor .00225 or 5.4%
Not looking to purchase the car after lease
No money down just doc fee, acq, registration etc...
$24,428 trade in equity, putting $2828 of it towards first month payment, acq fee, doc fee etc.. $21600 in my pocket
36 months
15k miles
MB Maintenance plan included
taxes rolled in
$1270.00 per month
24 month 15k miles
MB Maintenance Plan included
taxes rolled in
$1434.00 per month
Dealer is asking $999 for maintenance plan, i've heard conflicting info that amg cars are not covered by this plan and some are saying it is. Anyone know?
Is the wheel and tire package also worth it, i'm in ny
Also i was told they did away with the 2000 mile amg service as well.
Is this a good deal or should i continue to look?
asking 80,785
reduced to 77,000
residual $46616.88 36 month, $53977.44 residual on 24 month
Money factor .00225 or 5.4%
Not looking to purchase the car after lease
No money down just doc fee, acq, registration etc...
$24,428 trade in equity, putting $2828 of it towards first month payment, acq fee, doc fee etc.. $21600 in my pocket
36 months
15k miles
MB Maintenance plan included
taxes rolled in
$1270.00 per month
24 month 15k miles
MB Maintenance Plan included
taxes rolled in
$1434.00 per month
Dealer is asking $999 for maintenance plan, i've heard conflicting info that amg cars are not covered by this plan and some are saying it is. Anyone know?
Is the wheel and tire package also worth it, i'm in ny
Also i was told they did away with the 2000 mile amg service as well.
Is this a good deal or should i continue to look?
#2
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So how much out of pocket, day 1, are you paying in each scenario?
Wheel/tire not worth it.
2000 mile service still intact for the LSD (technically 1850 or whatever).
Wheel/tire not worth it.
2000 mile service still intact for the LSD (technically 1850 or whatever).
#4
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sl550
Service, A, B and i guess c I would have to do, but wouldn't it be more expensive out of pocket vs maintenance plan? I was told the MB maintenance plan can't be residualized into the lease like it can on non-AMG models, therefore losing most of the point of doing it
This will be a DD and I'm worried my wife might fall into a pot hole and destroy a wheel or tire, so that's why i was considering the wheel and tire package. Out of pocket these wheels and tire are $$$
36 month $2828 due at signing, $1343.71 month
This will be a DD and I'm worried my wife might fall into a pot hole and destroy a wheel or tire, so that's why i was considering the wheel and tire package. Out of pocket these wheels and tire are $$$
36 month $2828 due at signing, $1343.71 month
#7
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2013 Nissan GT-R BE
This is more of a risk management issue, as you have to weight your risk against out of pocket expenses. Think back to the last 5 years and how often you or your wife had issues with your car? I don't know about service B, but my service A only came to $190. Online searches indicate B will cost anywhere from $300 to $500. So it will be only $700 out of pocket for maintenance. Your insurance will take care of accidents, and you will have a budget of $300 to fix a wheel in 3 years time. Remember, they only give you 4.7% off MSRP, and in the US, dealer should able to give out at least 7-8% off no problem (for buy) especially when getting close to summer. MY2013 will be rolling out around June, so if you can wait until late April or May, then you will get more leverage for your deal.
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#8
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sl550
Just called service they want around $279 for service A and 479 for service b, but they said sometimes they have specials. I am guessing the maintenance plan might be worth it considering if they find other issues with the car?
My brother has a c300 with amg wheels and all his wheels are bent and blew out 2 tires so that's my concern with the wheels/tires.
I would consider purchasing it but i don't think it pays since AMG mercedes are nortorius for depreciating consideribly, plus a dealer always rapes you with a wholesale trade.
I would wait but the 2013 are coming out, which i've been told is the 5.5 liter turbo, i think its cooler to have a 6.2 NA car, with the AMG development package, just sounds nasty!
My brother has a c300 with amg wheels and all his wheels are bent and blew out 2 tires so that's my concern with the wheels/tires.
I would consider purchasing it but i don't think it pays since AMG mercedes are nortorius for depreciating consideribly, plus a dealer always rapes you with a wholesale trade.
I would wait but the 2013 are coming out, which i've been told is the 5.5 liter turbo, i think its cooler to have a 6.2 NA car, with the AMG development package, just sounds nasty!
Last edited by bigsl550fan; 03-28-2012 at 04:45 PM.
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AMG & RR
Your payment seems high. Plus reduction should be near 75K. Shop around and look for something with LSD as well.
Last edited by Merc-Skycap; 03-28-2012 at 05:19 PM.
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sl550
If you guys feel my payment and the price of the car is too high what do you feel I should offer to close the deal?
They did work with me on my trade value and came down on the price of the vehicle.
Suggestions?
They did work with me on my trade value and came down on the price of the vehicle.
Suggestions?
#13
MBWorld Fanatic!
$699 is for a car equipped nowhere near this car, and certainly not 15k miles over 36 months. That deal is really not of interest to most people.
Frankly, $1200/month is not a lot given no down payment and 15k a year. $1343 IS chunky. You should be able to get a clean $4k off the car and a bit more if you push (which it seems like you already did). I just took a look at mine:
33 months
~$4k down for fees/downpayment/whatever (this was really just to make the payment an even $1k, why not, had trade equity anyway, after the equity cash due was small)
$1k a month
$78k sticker
$72.9k negotiated price
15k miles/yr
Frankly, $1200/month is not a lot given no down payment and 15k a year. $1343 IS chunky. You should be able to get a clean $4k off the car and a bit more if you push (which it seems like you already did). I just took a look at mine:
33 months
~$4k down for fees/downpayment/whatever (this was really just to make the payment an even $1k, why not, had trade equity anyway, after the equity cash due was small)
$1k a month
$78k sticker
$72.9k negotiated price
15k miles/yr
#14
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sl550
Dealer stated 77k was the best they can do I offered 75, i have a few other dealers I can get the car from though. Dealer had 3k in holdback but will not budge on it. Will see if he counters.
Rory did you put the equity back into the lease? I would never put my equity into the lease b/c if you ever totaled the car or it gets stolen you're out your intial payment. I rather take the equity and stuff it into the market somewhere and make some money on it.
Rory did you put the equity back into the lease? I would never put my equity into the lease b/c if you ever totaled the car or it gets stolen you're out your intial payment. I rather take the equity and stuff it into the market somewhere and make some money on it.
#15
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Your brother doesn't know how to drive then. Popping a tire is pretty standard but bending a rim is 99% of the time from driving on a flat, or hitting a curb.
#16
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Dealer stated 77k was the best they can do I offered 75, i have a few other dealers I can get the car from though. Dealer had 3k in holdback but will not budge on it. Will see if he counters.
Rory did you put the equity back into the lease? I would never put my equity into the lease b/c if you ever totaled the car or it gets stolen you're out your intial payment. I rather take the equity and stuff it into the market somewhere and make some money on it.
Rory did you put the equity back into the lease? I would never put my equity into the lease b/c if you ever totaled the car or it gets stolen you're out your intial payment. I rather take the equity and stuff it into the market somewhere and make some money on it.
Send your offer to another dealer and see who bites.
Last edited by rory breaker; 03-29-2012 at 02:58 PM.
#18
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bigsl... My 63¢
1st. Make sure you get the car with the options you want, very important. Believe me, you don't want to be getting a car that you compromise with that will translate to a few hundred bucks per month. And down the road because you are not happy, it will cost you more money for trading it back or putting more things in.
2nd. The dealer will always make there money somewhere if they end up breaking even or worse losing money, they will move on to the next guy. In your case, though you got a discount from sticker, I bet they will make money with your trade-in and still a few from the car and other MB incentives.
3rd. A comparison - Take a deal that fits your needs. In my case I lease it at sticker (bad) but they paid off my trade that still had a 2 year lease (good). To keep my payments even lower I opted for a 60 month lease (bad, but MB has so many incentives more likely I can trade it back in earlier if I decide too) and a low monthly mileage (okay because it's all I need). I drive the car on very short trips. I'm in my 5th month I only have 2400 miles. It's a struggle for me to put more miles so it works out for me. My point is it will be a waste paying mileage you can't get back after turn in. And lastly there is a big possibility I will buy out the car at lease end, so I want it to be affordable when that time comes or even make a few bucks off of it if the market value is a bit more than the pay-off. Lastly, I had no money out of pocket. Everything was on the loan, even fees. (good) Why? because it's a lease, a rental until you buy it out right.
Get the deal that fits your needs and makes you say... yah I got a good deal and I got the car I want with the right options and I can burn rubber when ever I wish.
1st. Make sure you get the car with the options you want, very important. Believe me, you don't want to be getting a car that you compromise with that will translate to a few hundred bucks per month. And down the road because you are not happy, it will cost you more money for trading it back or putting more things in.
2nd. The dealer will always make there money somewhere if they end up breaking even or worse losing money, they will move on to the next guy. In your case, though you got a discount from sticker, I bet they will make money with your trade-in and still a few from the car and other MB incentives.
3rd. A comparison - Take a deal that fits your needs. In my case I lease it at sticker (bad) but they paid off my trade that still had a 2 year lease (good). To keep my payments even lower I opted for a 60 month lease (bad, but MB has so many incentives more likely I can trade it back in earlier if I decide too) and a low monthly mileage (okay because it's all I need). I drive the car on very short trips. I'm in my 5th month I only have 2400 miles. It's a struggle for me to put more miles so it works out for me. My point is it will be a waste paying mileage you can't get back after turn in. And lastly there is a big possibility I will buy out the car at lease end, so I want it to be affordable when that time comes or even make a few bucks off of it if the market value is a bit more than the pay-off. Lastly, I had no money out of pocket. Everything was on the loan, even fees. (good) Why? because it's a lease, a rental until you buy it out right.
Get the deal that fits your needs and makes you say... yah I got a good deal and I got the car I want with the right options and I can burn rubber when ever I wish.
#19
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2009 C63 K1
I got the tire and wheel warranty and it paid for itself in two years. Had something on houston freeway puncture tire and go right through the wheel too. Also, had two additional tires replaced all under the warranty. So much crap on the roads in Houston. As with any insurance, it is a gamble but one that paid off for me.
#20
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If you're not going to mod the car, drive the specific miles, only want to keep the car the length of the lease, then it makes sense. Otherwise you're better off buying it outright and not worry about all the lease "gotcha's".