lease deal any good?

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Old May 14, 2013 | 10:56 PM
  #1  
BeaverMjr's Avatar
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From: Albany, NY
2015 C350 Coupe
Question lease deal any good?

I found a dealer in NY who wanted to put me behind the wheel of a C250. It is Steel Grey metallic with black leather interior. It has the Premium and Multimedia packages.

Deal:

1. Give him my 2010 Honda Accord Coupe EX-L and skip last 2 payments of lease @ $275/month.
2. Put $3000 down & use Mercedes $500 bonus Certificate from NYC auto show.
3. Pay $309 a month for 27 months.
4. Return car at end of lease.

Is this deal good? Should I take it. I like the car a lot.

Mike

PS I'm comparing this car to Accord Coupe v6 EX-L and Infiniti G37 coupe. I would love the C350, but can't afford let alone find one.

Last edited by BeaverMjr; May 14, 2013 at 11:06 PM. Reason: added text
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Old May 15, 2013 | 01:47 PM
  #2  
ralawren's Avatar
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From: North Carolina - Research Triangle
2025 C300W4 AMG, 2023 GLC300 / previous 17 GLC300, 15 BMW 228i, 13 C300, 12 C350 Coupe
That appears to be very low for a lease on a $43K car. Is the trade in value of the Accord substantially higher than the lease buy out? This deal appears to have about another $2-3K of capital reduction or cash in it.

Does your $309 payment cover taxes, title and registration fees? Almost to good to be true. I would think this is more in the $475 - $525 range. But don't have all the facts.
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Old May 15, 2013 | 02:44 PM
  #3  
AllEyesOnMe's Avatar
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From: USA
C Coupe
IMO a very bad deal.

Copied from my previous post in another thread:
My MSRP for 2013 C250 was around $47K.

Packages: P1, Multimedia, Sports Plus, Lane tracking, blind assist, no keyless entry or lighting package

Lease terms: 2 yrs, 12K miles per year
Monthly payment: $420 (maintenance included)
0 down, not a trade-in
Without maintenance: $409 /mo
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Old May 15, 2013 | 05:48 PM
  #4  
BeaverMjr's Avatar
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From: Albany, NY
2015 C350 Coupe
the deal covers registration, title and tax. dealer has 2k incentive from MB. he priced it at dealer cost. i saw him enter numbers. he used 39k plus. im trying to find something wrong with the deal. checking out accord and infinity to see coupes with 6 cyl engines.

for comparison:
Honda accord Coupe v6 EX-L 3000 Down 350 a month for 36 months.
Infinity G37x coupe with premium package 3000 down 299 a month for 24 months.

what makes this a bad deal? i get out of lease 3 months early and drive a Mercedes for 33 months

Last edited by BeaverMjr; May 15, 2013 at 09:50 PM.
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Old May 22, 2013 | 12:38 PM
  #5  
BeaverMjr's Avatar
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From: Albany, NY
2015 C350 Coupe
Talking

Since I could find no fault with the lease. I decided to take the car. As of 5/20/13. I'm now parking the C250 at my place.
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