good lease deal?
Thread Starter
Newbie
Joined: Sep 2012
Posts: 3
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C
good lease deal?
is this is a good lease deal?
2012 c250
$42k sticker price
1000miles/month (33 months)
All regular maintenance covered
$500/month
$1000 down (first months payments/tags/whatever else)
2012 c250
$42k sticker price
1000miles/month (33 months)
All regular maintenance covered
$500/month
$1000 down (first months payments/tags/whatever else)
Last edited by jermzkill; Sep 14, 2012 at 02:58 PM.
Junior Member
Joined: Aug 2012
Posts: 25
Likes: 0
From: Toronto
2012 E350 Coupe
I'm from Canada, and I just built it for MBUSA.com
$41,505 with Sport Package, and no Lighting Package.
Is it $42 taxes in?
ps:
I also personally don't justify puting money $ on leases because you don't own the car, and at the end of the day if you decide not to buy it than you lose that $1, 000.
MBWorld Fanatic!
Joined: Sep 2009
Posts: 2,108
Likes: 7
From: Dix Hills, New York
2012 C250 Coupe
@ $42,000 sticker he is missing a bit more then xenon headlights. I'm guessing he has comand and premium packages, etc. But most likely no leather seats, no xenon (as he specified), and no safety packages or sport packages, most likely no amg rims either. But you never know.
I've come to realize that fully loaded doesn't really mean anything anymore. You see advertisements for used vehicles that say "fully loaded" only to find out that they are missing many packages... Go figure.
Either way @$42,000 sticker, $500/month with $1,000 total out of pocket due at signing isn't a BAD deal, but it isn't fantastic.
Are you getting any MBUSA incentives (if there even are any right now?) such as loyalty, competitive, etc?
Also, the main thing in determing when is a good time to lease are two key numbers that most dealerships or salespeople never even mention. That is the residual value (the value the car is projected to keep at the end of the lease) of which, you pay the depreciation or the diference of the 100% purchase price - residual percentage.
The second number is the money factor, the hidden incentive MB has to push certain models certain months. Unless I'm mistaken, the lower the money factor the better, as you pay less interest expense.
Last but not least, find out what the actual selling price of the vehicle is. Many dealers sometimes simply charge MSRP which is -
I've come to realize that fully loaded doesn't really mean anything anymore. You see advertisements for used vehicles that say "fully loaded" only to find out that they are missing many packages... Go figure.
Either way @$42,000 sticker, $500/month with $1,000 total out of pocket due at signing isn't a BAD deal, but it isn't fantastic.
Are you getting any MBUSA incentives (if there even are any right now?) such as loyalty, competitive, etc?
Also, the main thing in determing when is a good time to lease are two key numbers that most dealerships or salespeople never even mention. That is the residual value (the value the car is projected to keep at the end of the lease) of which, you pay the depreciation or the diference of the 100% purchase price - residual percentage.
The second number is the money factor, the hidden incentive MB has to push certain models certain months. Unless I'm mistaken, the lower the money factor the better, as you pay less interest expense.
Last but not least, find out what the actual selling price of the vehicle is. Many dealers sometimes simply charge MSRP which is -
Last edited by jctevere; Sep 15, 2012 at 04:48 PM.
Junior Member
Joined: May 2012
Posts: 40
Likes: 0
'08 G37s coupe, '12 C350coupe
that's the deal i was offered for my car. hah but then again, its unlikely you'll get close to the rates i got :P i think what you have is probably an average/decent deal
'12 C350 Coupe / Red Leather / Premium / Lighting / Multimedia / AMG Wheels / Keyless-Go
'12 C350 Coupe / Red Leather / Premium / Lighting / Multimedia / AMG Wheels / Keyless-Go
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Junior Member
Joined: Aug 2012
Posts: 25
Likes: 0
From: Toronto
2012 E350 Coupe
Different dealer, different location. The OP should shop around different dealers than.
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