2012 C250 Coupe lease with a 2008 C300 trade

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Old 10-05-2011 | 07:37 PM
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c250 Coupe
2012 C250 Coupe lease with a 2008 C300 trade

I知 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知 estimating I壇 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知 trying to take as much equity as possible out of the deal to invest. I don稚 think the dealer will go much lower.
Any advice is appreciated. Thanks.
Old 10-07-2011 | 11:37 AM
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2015 Carrara White Metallic Porsche Cayman
Seems good to me. Explain to me how you trade in a car for a lease though, I never understood how that worked.

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