am i getting a good deal here?
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Joined: Jul 2009
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2011 C300
am i getting a good deal here?
Hey all, i live in Chicago and i decided to trade in my c230 v6 which i own for 5 years now and lease a new 2011 c300 , the 230 is a great car but i had it for a couple of years now and i think its time to change u know.
So heres what im getting, im trading the 230 to the dealer and in return i get a 3 year lease on a new White with a Black interior 2011 C300 Sport sedan. im getting the black MB Tex interior with burl walnut wood trim, 4Matic , Heated front seats and thats about it.
I want the ipod integration kit and i asked them to throw it in for me but they said they dont have it
im also a little confused about the "media interface plus" addon thats available too, will i be missing out if i dont have that "media interface plus" feature? im not sure what to do about the ipod intergration kit that i want.
But yea, am i getting a good deal here guys? im very excited, i think the car looks reallly nice.
one more question, im gonna have 8 speakers right? and the Audio system has RDS right?(the feature that shows which artist plays on fm stations)
So heres what im getting, im trading the 230 to the dealer and in return i get a 3 year lease on a new White with a Black interior 2011 C300 Sport sedan. im getting the black MB Tex interior with burl walnut wood trim, 4Matic , Heated front seats and thats about it.
I want the ipod integration kit and i asked them to throw it in for me but they said they dont have it
im also a little confused about the "media interface plus" addon thats available too, will i be missing out if i dont have that "media interface plus" feature? im not sure what to do about the ipod intergration kit that i want.But yea, am i getting a good deal here guys? im very excited, i think the car looks reallly nice.
one more question, im gonna have 8 speakers right? and the Audio system has RDS right?(the feature that shows which artist plays on fm stations)
Last edited by lamonsas; Feb 14, 2011 at 11:02 PM.
MBWorld Fanatic!
Joined: Oct 2009
Posts: 2,286
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From: eNyCe
Steel Grey Metallic C63!!
Hey all, i live in Chicago and i decided to trade in my c230 v6 which i own for 5 years now and lease a new 2011 c300 , the 230 is a great car but i had it for a couple of years now and i think its time to change u know.
So heres what im getting, im trading the 230 to the dealer and in return i get a 3 year lease on a new White with a Black interior 2011 C300 Sport sedan. im getting the black MB Tex interior with burl walnut wood trim, 4Matic , Heated front seats and thats about it.
I want the ipod integration kit and i asked them to throw it in for me but they said they dont have it im also a little confused about the "media interface plus" addon thats available too, will i be missing out if i dont have that "media interface plus" feature? im not sure what to do about the ipod intergration kit that i want.
But yea, am i getting a good deal here guys? im very excited, i think the car looks reallly nice.
one more question, im gonna have 8 speakers right? and the Audio system has RDS right?(the feature that shows which artist plays on fm stations)
So heres what im getting, im trading the 230 to the dealer and in return i get a 3 year lease on a new White with a Black interior 2011 C300 Sport sedan. im getting the black MB Tex interior with burl walnut wood trim, 4Matic , Heated front seats and thats about it.
I want the ipod integration kit and i asked them to throw it in for me but they said they dont have it
im also a little confused about the "media interface plus" addon thats available too, will i be missing out if i dont have that "media interface plus" feature? im not sure what to do about the ipod intergration kit that i want.But yea, am i getting a good deal here guys? im very excited, i think the car looks reallly nice.
one more question, im gonna have 8 speakers right? and the Audio system has RDS right?(the feature that shows which artist plays on fm stations)
Good Luck with your decision!
Thread Starter
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Joined: Jul 2009
Posts: 247
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2011 C300
My 230 is in decent shape but it's warranty is out and what not , I pretty much decided, I was wondering about the iPod integration kit really and if it's worth it, it also charges the iPod right?
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Joined: Mar 2009
Posts: 1,177
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From: UCF area Orlando/West Palm Beach FL.
c350coupe, Gencoupe R-spec
if you own your 230 and your trading it for a lease i think your getting scammed. im sure you could sell your car now for 18k and with a few more thousand you could OWN a c300. but to each is there own, i would get the media package if i wereyou, and the ipod integration was a must for me.
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Joined: Sep 2009
Posts: 2,108
Likes: 7
From: Dix Hills, New York
2012 C250 Coupe
Wait, are you getting cash for your car and using that to pay the lease, or your just not having any lease payments. If the second one, RUN! Godforbid the vehicle gets stolen, totaled, or becomes undriveable Insurance does not cover any "down payment" on lease vehicles, will only payoff the remaining balance. Therefore, you will not be covered for the entire cost of your car.
Also, nobody ever makes on on bringing their car to the dealers to trade-in or sell besides for cash for clunkers. You would be better off selling your car yourself, keeping the money in a bank like ALLY and get 1.5% on your savings, and use it to pay off the payments.
Personally, what I would do is buy a used 2009 c-class. Sell yours and put it as a down payment on the finance, and then payoff the remaining balance (probably like $10-15k) over the next 3 years.
Also, nobody ever makes on on bringing their car to the dealers to trade-in or sell besides for cash for clunkers. You would be better off selling your car yourself, keeping the money in a bank like ALLY and get 1.5% on your savings, and use it to pay off the payments.
Personally, what I would do is buy a used 2009 c-class. Sell yours and put it as a down payment on the finance, and then payoff the remaining balance (probably like $10-15k) over the next 3 years.
Last edited by jctevere; Feb 15, 2011 at 08:14 AM.
Junior Member
Joined: Aug 2010
Posts: 51
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From: Ohio
C300
Do you think you can hold off for maybe 6 more months? By then the 2012 facelifted C will be out, and if you still want a 2011 model, it will probably be way cheaper then.
https://mbworld.org/forums/c-class-w...u-paid-28.html
As mentioned already, take a look at some used ones, you can get them for quite cheap nowadays.
https://mbworld.org/forums/c-class-w...u-paid-28.html
As mentioned already, take a look at some used ones, you can get them for quite cheap nowadays.
Super Member
Joined: Jan 2011
Posts: 534
Likes: 1
From: NJ
2008 C350 Sport
The missing component here is the value of your current car...I will guess it is a 2006 since you stated it has the v6 and you said you have had it for 5 or so years...Lets also assume it has 75K miles - plug that into KBB with some options for a good condition, private sale, and you are only around $13-14K. Using very raw numbers, no interest etc... that is about 375 bucks a month for 36 months.
Since it sounds like you have made this deal already, and to make you you feel good about it, I would say you did alright - not a bad deal at all. (Now, I have no knowledge of how lease insurance works - but it sounds like jctevere does, and you need to look into buying up or something to protect yourself if he is correct..)
If you can swing it and since you have no monthly payment - start putting a few hundred bucks a month away in a interest bearing savings account, so at the end of 3 years you are not turning the car back in and starting from scratch.
Good luck with your new car - sounds like a beauty.
Since it sounds like you have made this deal already, and to make you you feel good about it, I would say you did alright - not a bad deal at all. (Now, I have no knowledge of how lease insurance works - but it sounds like jctevere does, and you need to look into buying up or something to protect yourself if he is correct..)
If you can swing it and since you have no monthly payment - start putting a few hundred bucks a month away in a interest bearing savings account, so at the end of 3 years you are not turning the car back in and starting from scratch.
Good luck with your new car - sounds like a beauty.
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Senior Member
Joined: Mar 2009
Posts: 451
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From: S.F. Bay Area
2008 C300 Sport, 2010 RX350 AWD
We traded in a 4 1/2 yrs old 2006 c230 w/ about 60k miles for a RX350 a few month back and got $13,000 for it..could have gotten about 14k-15k for private sale but decide not to deal w/ the hassle..hopefully this will be helpful for you to determine your c230's value..
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Thread Starter
Member
Joined: Jul 2009
Posts: 247
Likes: 0
2011 C300
Do you think you can hold off for maybe 6 more months? By then the 2012 facelifted C will be out, and if you still want a 2011 model, it will probably be way cheaper then.
https://mbworld.org/forums/c-class-w...u-paid-28.html
As mentioned already, take a look at some used ones, you can get them for quite cheap nowadays.
https://mbworld.org/forums/c-class-w...u-paid-28.html
As mentioned already, take a look at some used ones, you can get them for quite cheap nowadays.
lol sure it will be cheaper but so will my c230 become even CHEAPER! im already loosing alot on it and if i wait till the 2012 model comes out my c230's value will drop even more, much more.
btw im trading it in because i dont want to deal with selling hassle and what not, besides, my c230 is NOT in perfect condition, it's windshield is alright, the paint is in alright condition, the weather here is not so forgiving and i park my car in a garage and still its not even near excellent condition, also my c230's interior has the wear and tear so yea, the car is not even close to "Excellent" condition..
I think this is a good opinion, besides u are forgetting one thing, if for whatever reason, i will like my C300 so much, i can purchase it at the end of the lease for its valued price in 3 years.
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Joined: Sep 2009
Posts: 2,108
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From: Dix Hills, New York
2012 C250 Coupe
Since I am on the mobile site, I don't know what state your in, but for some reason I think new York. In that case it would be better to go over to new jersey to trade in your car that way you will probably net zero extra tax paid.
While the 2012 will lower your c230 value, it won't take that much of a hit. The 2008-2011 c300 however will take a substantial hit in their value.
I used to lease vehicles ALL the time. Now, i find it better to just buy them (especially if slightly used) and keep them for a few years. It is much more economical. And you always have equity and an asset instead of an expense.
While the 2012 will lower your c230 value, it won't take that much of a hit. The 2008-2011 c300 however will take a substantial hit in their value.
I used to lease vehicles ALL the time. Now, i find it better to just buy them (especially if slightly used) and keep them for a few years. It is much more economical. And you always have equity and an asset instead of an expense.
MBWorld Fanatic!
Joined: Oct 2009
Posts: 2,286
Likes: 62
From: eNyCe
Steel Grey Metallic C63!!
lol sure it will be cheaper but so will my c230 become even CHEAPER! im already loosing alot on it and if i wait till the 2012 model comes out my c230's value will drop even more, much more.
btw im trading it in because i dont want to deal with selling hassle and what not, besides, my c230 is NOT in perfect condition, it's windshield is alright, the paint is in alright condition, the weather here is not so forgiving and i park my car in a garage and still its not even near excellent condition, also my c230's interior has the wear and tear so yea, the car is not even close to "Excellent" condition..
I think this is a good opinion, besides u are forgetting one thing, if for whatever reason, i will like my C300 so much, i can purchase it at the end of the lease for its valued price in 3 years.
btw im trading it in because i dont want to deal with selling hassle and what not, besides, my c230 is NOT in perfect condition, it's windshield is alright, the paint is in alright condition, the weather here is not so forgiving and i park my car in a garage and still its not even near excellent condition, also my c230's interior has the wear and tear so yea, the car is not even close to "Excellent" condition..
I think this is a good opinion, besides u are forgetting one thing, if for whatever reason, i will like my C300 so much, i can purchase it at the end of the lease for its valued price in 3 years.
