derekana

Hello everyone,

This is my first post on this forum, I am currently driving a 2013 M3 coupe, it was a 36 monthes lease which will end next month, I am considering the C63 coupe, however, I've never driven a Mercedes in my life, therefore, I have no idea about the pricing range.

What is considered a good price for a C63 coupe atm in SoCal? The best offer i got on a lease was invoice price, is there any further space on negociating? Please share me your experience, thank you!

AMGangster

How do you have a 36 month lease ending on a 2013 car?

efiftyfizzle

His MBWorld profile says 2010... I think he just got them mixed up.

All I know is the lease prices on M3s are far lower than the lease prices on C63s even though they are just about the same base price.

JLinz

Efifity is correct in that lease prices on M3s are much lower than on C63s. I looked at both, but ended up leasing a 2013 C63 in SoCal last week. The car is pretty loaded with an MSRP right at 80k. I ended up paying 1150 a month with minimum drive off. Had to work a couple of dealers against each other to get that though.

derekana

the one im looking at is 72k, is the $1150/month price tax included or no? Is it possible for you to share the residual and money factor on your deal? Thank you!

Btw, it was a typo, my m3 is 2010.

JLinz

Yes, that includes tax. The residual was 59% - not sure of the money factor off hand. Will try to remember to check tonight.

fly2nite

Assuming this was for 24month? My 36 month that I just signed for last week (C63 Coupe) was 56% residual and .002 money factor - on a 36mo 15k/yr lease.

JLinz

Mine was also for 36 months on a C63 coupe, but at only 10K per year.

A C

This car isn't the best to lease because of the depreciation.

However if you're considering buying vs. lease you're still looking at managing about $700-$800 worth of depreciation per month.

If you've got the up front $$$ you might want to look at a one pay lease. MBFS will discount your MF by .0080 turning a .00210 lease into .00130 (effectively 3%) which on an $80k car will drop your effective monthly by about $80.

Fly - Std residuals are based on 15k miles. 12k raises it 2%, 10k another 1% and 7,500 another 1%. Your MF was also correct at .00205.

Get a good discount on the car and it will help the 24 mo lease a lot. I'm trying to get mine under $800 per month and the lease puts the depreciation in MB's hands, not mine. It isn't easy without a sizable cap reduction... You need a big discount off sticker.

For $1150 a month buy the car with 72 mo 2.99 financing. A 72k s/b able to be had for $4-$5k off. Net at 68, and zero down equals $1,132 per month. You'll need strong credit...

rory breaker

But then what happens in 30 months when he goes to sell and the car is worth 40k on the open market and he owes 42k? I disagree with your recommendation, these cars are terrific candidates to lease - terrible depreciation, no interest in owning out of warranty, thin secondary market, significant risk if accident happens (no one will buy it), hassle of selling the car used and tire kickers, etc.

JLinz

OP, I checked again and my money factor was .00175 which I was told was only available to those with tier 1A credit (whatever that means).

I don't know that you were on the fence about leave vs. buy, but since others have commented I would just add that I didn't find the lease on the C63 to be terrible. It is certainly not as good as the M3 but was far better than the RS5, each of which I also looked at carefully.

There are a number of variables that weigh in favor of leasing or buying, and there are many threads on the subject. In the end, I believe the calculus comes down to personal perference as to how long you tend to want to keep your vehicle. I enjoy a new car every 3 years, while my wife gets attached to her vehicles and prefers to keep them longer. So we lease my car and buy hers.

My2010M3

The sedan I ordered has a msrp. of 80,380. Dealer,so far discounted the car 2100.00 maybe another grand. I've given 2500.00 deposit. There's about 175.00 in fees. So with a cap cost of about 76,000.00 on a 36 mon. 15k/year, and 7% sales tax, I should be looking for a monthly payment around 1100 to 1200?? with tax. Not sure if my math is right. How much does residual change for 24 mon. lease?

A C

I think 24 mo is 66% at 15k, 68% at 12 and 69% at 10k.

A C

It's going to depend on his miles...

You're right, buying you can be upside down for quite a while. Plus you have 100% of the tax liability up front, potentially $7k in this case. If you're thinking you may be out in 24-36 months, lease (if you understand how it works). Leasing can be very dangerous, .00350 MF, higher than MSRP cap costs with big drive offs, etc... Look at Swap a lease for examples... http://www.swapalease.com/lease/details/2012MercedesBenzEClass.aspx?salid=778907


Comes down to each person's situation. I personally like leasing as I get a new car every couple years. I've done purchase, one pay lease and monthly leases. Depends on money factors, residuals and incentives. It helps to have a solid relationship w/the dealer and research the numbers before shopping.

Best lease ever was the '12 E350 blutec with a 79% residual and a $10k discount from MSRP, less than $400 a month for a $58k car. But it's not an AMG....

My2010M3

So am I in the ballpark w/ estimating a monthly payment of 1100-1200 for a 36 mon. 15k/yr lease? Should I try for more, like around 1,000/mon. Since the car is just been built, it will still be a few weeks out. But when I ordered the car, it felt like I gave up a little negotiating power.

JLinz

Right now that's a good ballpark, but residuals and money factors can (and often do) change month-to-month. Hard to know what will be in effect when your vehicle arrives.

You can and should certainly negotiate the price of the vehicle now, but the dealer cannot commit to the other lease terms (residual and money factor) until your car actually arrives.

fly2nite

That's in the ballpark. FWIW I have a 39mo/15k on a C63 Coupe based on this months rates, and I ended up just a few bucks over $1000/mo w/ nothing down other than first payment and 330 registration. That's 7% off MSRP, plus about 1650 dealer fees, minus 2 grand for the trunk money that ends this month. My car is a 75,200 car, so your options could obviously change this number significantly. I'm tier 1 credit, but they tack onto the buy rate, so i'm actually at .00205 total money factor.

Also, your dealer can sign you this month to take advantage of the trunk money, if your car is arriving at the end of this month. That's what we did. I may not actually take delivery until April but will get the Trunk Money from March. If it was built on the 14th or before, you may be on this boat with me... the California Highway It's out of range now, but due in Brunswick on March 31.

rory breaker

So there WAS trunk money in February/March?

fly2nite

There's been 2 grand at my dealership since last year. Ends this month.

A C

Specifically on this car or are they using a certificate for $1000 and loyalty for $1000?

fly2nite

He said "2000 trunk"