2012 C250 Coupe lease with a 2008 C300 trade
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c250 Coupe
2012 C250 Coupe lease with a 2008 C300 trade
I’m trying to take the equity out of my car (2008 c300) for investments and lease a 2012 c250 coupe. I have 2 MB dealers competing for my business and think I have negotiated a solid deal. Please let me know what you think:
MSRP = $42,710
$2,000 dealer discount + $1,000 (MB Plat AMEX certificate) = $3,000 total discount
Trade Value = $26,500 (fully loaded 2008 c300 with 33K miles)
$2,000 down on a 36 month lease and monthly payments (tax included) = $455
My 2008 c class comes out of warranty at the end of 2011 so I’m estimating I’d save 2k -3k on that alone. Also, it has about $500 worth of damages. I think they are increasing my trade value over the fair market value because they know I’m trying to take as much equity as possible out of the deal to invest. I don’t think the dealer will go much lower.
Any advice is appreciated. Thanks.
MSRP = $42,710
$2,000 dealer discount + $1,000 (MB Plat AMEX certificate) = $3,000 total discount
Trade Value = $26,500 (fully loaded 2008 c300 with 33K miles)
$2,000 down on a 36 month lease and monthly payments (tax included) = $455
My 2008 c class comes out of warranty at the end of 2011 so I’m estimating I’d save 2k -3k on that alone. Also, it has about $500 worth of damages. I think they are increasing my trade value over the fair market value because they know I’m trying to take as much equity as possible out of the deal to invest. I don’t think the dealer will go much lower.
Any advice is appreciated. Thanks.
