Mb Credit / Lease - Finance?
#1
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2005 C230 SS
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HELLO EVERYBODY - I HAVE BEEN KEEPING UP TO DATE WITH THIS FORUM FOR QUITE SOME TIME NOW AND I MUST SAY THAT THIS FORUM IS THE BEST OUT THERE. I AM A HUGE MERCEDES FAN AND THIS IS MY FIRST POST. I HAVE FELL IN LOVE WITH THE 2005 C230 SPORTS SEDAN AND I AM LOOKING TO LEASE IT BEFORE MY "LOVE MB TOUR" $1,500 COUPON EXPIRES. (12/31/2004)
I JUST TURNED 22 AND HAVE GOOD CREDIT BUT STILL NOT VERY ESTABLISHED CREDIT. I WAS WONDERING WHAT KIND OF BEACON SCORE YOU WOULD NEED TO LEASE WITH MB CREDIT? I WOULD LIKE TO USE MB CREDIT SINCE THAT IS THE ONLY WAY I COULD USE THE ACTUAL $1,500 COUPON. THE REASON I AM ASKING IS BECAUSE I WILL BE GETTING MY PERSONAL CREDIT REPORT ONLINE TODAY.
THANKS FOR ANY HELP YOU CAN PROVIDE......
I JUST TURNED 22 AND HAVE GOOD CREDIT BUT STILL NOT VERY ESTABLISHED CREDIT. I WAS WONDERING WHAT KIND OF BEACON SCORE YOU WOULD NEED TO LEASE WITH MB CREDIT? I WOULD LIKE TO USE MB CREDIT SINCE THAT IS THE ONLY WAY I COULD USE THE ACTUAL $1,500 COUPON. THE REASON I AM ASKING IS BECAUSE I WILL BE GETTING MY PERSONAL CREDIT REPORT ONLINE TODAY.
THANKS FOR ANY HELP YOU CAN PROVIDE......
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#2
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The True OG Modded out W203
EXCITED ARENT WE?
They will get you into a lease no matter how bad your credit is....the thing is what kind of a money factor are they going to give you. Sometimes the lease is so bad that it almosts equates the regular non lease payment plan but they will sucker you into thinking that is your ONLY option-I fell for that when i got my c class in early '01 and I bought into a nasty lease. Just be careful and try and get the promotional rates they run.
They will get you into a lease no matter how bad your credit is....the thing is what kind of a money factor are they going to give you. Sometimes the lease is so bad that it almosts equates the regular non lease payment plan but they will sucker you into thinking that is your ONLY option-I fell for that when i got my c class in early '01 and I bought into a nasty lease. Just be careful and try and get the promotional rates they run.
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Debadged 6-Speed '05 C320 Sports Coupe
Welcome.
Please turn the caps lock off.
Talk to the dealership. They exist to move vehicles, so if there is a way, they'll find it.
If you hurry, you may be able to order one from the factory, built the way you want, to arrive before the coupon expires, unless a model on the lot is the way you want to go.
Please turn the caps lock off.
Talk to the dealership. They exist to move vehicles, so if there is a way, they'll find it.
If you hurry, you may be able to order one from the factory, built the way you want, to arrive before the coupon expires, unless a model on the lot is the way you want to go.
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2005 C230 SS, 2004 E320
I just turned 19 in July and i got aprroved for 31,000 with no money down...But i fianced a car when i was 18 for 28,000 ''350z'' and i have excellent pay history and a few credit cards..I got approved with no co-signer and no money down throught Mb credit. I applyed for a 325ci through Bmw and they wanted 15k down. Mb credit is definatly the way to go. Just as long as you have a good job and make enough money you shouldnt have a problem. And with the whole bekin score thing dont worry about it just as long as i think its in the 600's you shouldnt have a probelm. My score was a 651 witch makes my credit score a low 'B' credit rateing so my finance rate was pretty good.And if Mb dont aprrove you join a credit union there very leaneint with there credit you shouldnt have a problem dont sweat it
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300E
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2005 C230 SS
Thanks for the info....
Thanks everybody for your responses...I will be attempting to go through MB credit in the next upcoming weeks and I will keep everybody informed on my turn out.....
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1959 220S / 1979 230 G / 2002 A210 AMG / 2003 C320 SC / 2004.5 C320 SS / 2005 ML350 SE / 2008 smart
and oh yeah !!
buy it, don't lease. the mod bug will hate you for it, if you lease.
buy it, don't lease. the mod bug will hate you for it, if you lease.
#10
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2005 C230 SS
Originally Posted by clk04
if you use mb credit, make sure the dealer gives you additional $1000 back. they get kickback for signing customers through mb credit.
#11
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2005 C230 SS
Same boat reply..
I currently have a 2002 1.8T VW Jetta and I am pretty happy with my car but I have had the car for 3 years and it's time for a new one. Each dealer rep that I have talked to has stated to just fill out the on-line MB credit application. I still do not understand how your credit affects the "money factor"??
- if somebody can elaborate I would greatly appreciate it.
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The True OG Modded out W203
Originally Posted by MCONDE01
I currently have a 2002 1.8T VW Jetta and I am pretty happy with my car but I have had the car for 3 years and it's time for a new one. Each dealer rep that I have talked to has stated to just fill out the on-line MB credit application. I still do not understand how your credit affects the "money factor"??
- if somebody can elaborate I would greatly appreciate it.
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Money factor is much like the APR on a borrowed loan, its just used on a lease only though.