W205 Discount challenge!
#951
MBWorld Fanatic!
Is there an acquisition fee (charged by MBFS for originating the loan) or a Dealer Prep fee? Any trade in? Your State sales tax rate is 9.8%?
With that cap cost reduction and those fees I get a monthly payment of $354 and due at signing of $3975.27
Not sure what "upfront taxes" are.
Here's the spreadsheet. Add in any Dealer Prep Fee (usually around $800) and Acquisition Fee (usually around $1000) if they charge those down at the bottom under Due At Signing. Those might account for the discrepancy in monthly payment. Find out what "upfront taxes" represents. Might be padding. Right now there's $925 extra being charged and unaccounted for, not including the $274 "upfront taxes" number. (See the payment discrepancy at the bottom).
With that cap cost reduction and those fees I get a monthly payment of $354 and due at signing of $3975.27
Not sure what "upfront taxes" are.
Here's the spreadsheet. Add in any Dealer Prep Fee (usually around $800) and Acquisition Fee (usually around $1000) if they charge those down at the bottom under Due At Signing. Those might account for the discrepancy in monthly payment. Find out what "upfront taxes" represents. Might be padding. Right now there's $925 extra being charged and unaccounted for, not including the $274 "upfront taxes" number. (See the payment discrepancy at the bottom).
Last edited by Mike5215; 05-04-2016 at 09:28 PM.
#952
Hey Mike, Acq Fee is $725, WA sales tax (where I live) is 9.8%, and no trade in
My main concerns with my lease deal is just making sure I'm getting what appears to be a good deal and the numbers for the most part add up, not sure if the discount off sales price is par with what I should expect and making sure the residual/MF/and monthly all appear to be fair
Thanks again for your help!!
My main concerns with my lease deal is just making sure I'm getting what appears to be a good deal and the numbers for the most part add up, not sure if the discount off sales price is par with what I should expect and making sure the residual/MF/and monthly all appear to be fair
Thanks again for your help!!
#954
MBWorld Fanatic!
Got it. With the $725 dealer fee added in as a cap cost and the upfront tax on the cap cost reduction your numbers line up. (There's a couple of dollars variance on the monthly payment, $81 over the life of the financing but that would be close enough for me). MF and Residual looks right. Discount is very aggressive. Sounds like a deal!
#956
MBWorld Fanatic!
^Yes, MSDs (multiple security deposits) reduce the money factor by allowing less of the car to be collateralized in the loan. They function like a CD where the lender holds your funds over the life of the loan then pays you back the face value as a lump sum when the loan matures. It depends on how much cash you want tied up. Not all states allow MSDs.
What SEB is suggesting I think is rather than putting that $4k on the loan as a cap cost reduction, do $4k in MSDs, finance everything into the note and the net savings would be $2k although the payment ticks up a bit.
What SEB is suggesting I think is rather than putting that $4k on the loan as a cap cost reduction, do $4k in MSDs, finance everything into the note and the net savings would be $2k although the payment ticks up a bit.
#957
Is it possible for the monthly payments to be increased by the gap insurance?
Is there a standard value for the acquisition and disposition fees?
What is the lease cash for May if any?
What are the MF and residual value of the C450 for the month of May?
Can MSD be used in NY?
Is there a standard value for the acquisition and disposition fees?
What is the lease cash for May if any?
What are the MF and residual value of the C450 for the month of May?
Can MSD be used in NY?
Last edited by iluvdaBenz; 05-05-2016 at 02:46 AM.
#958
MBWorld Fanatic!
Originally Posted by iluvdaBenz
Is it possible for the monthly payments to be increased by the gap insurance?
Is there a standard value for the acquisition and disposition fees?
What is the lease cash for May if any?
What are the MF and residual value of the C450 for the month of May?
Can MSD be used in NY?
Is there a standard value for the acquisition and disposition fees?
What is the lease cash for May if any?
What are the MF and residual value of the C450 for the month of May?
Can MSD be used in NY?
C Class Lease Questions
#960
MBWorld Fanatic!
Picked up today: $480 a month (CT tax included) with $2100 down (lic, reg, first mo) on a 48 month / 10K year lease. MSRP was $60,960 including 2 year pre-paid maintenance.
#961
2016 C300 Sport with Premium 1 package, Multimedia Package, 19 inch AMG Rims, Spoiler, heated seats, and Panorama roof. MSRP $49,525. OTD $17,120 1 Pay lease for 3 years 45,000 miles... Pretty good I feel. Equated to $475 a month with $0 down.
#962
Thanks for the information. I have read that the OEM tires wear out very fast. Is it a good idea to purchase regular non-run flat tires and store the OEM tires until the end of the lease?
Are MB dealerships usually willing to install the aftermarket tires? How much does the installation usually cost? I would like to factor this cost into the total lease cost.
Are MB dealerships usually willing to install the aftermarket tires? How much does the installation usually cost? I would like to factor this cost into the total lease cost.
#964
MBWorld Fanatic!
When I was looking it seemed like 10% was about average. I just asked the dealer for wholesale on my trade and 10% off. I got it even though I ended up doing a build.
#966
Junior Member
I have not driven the W205 V6 and hope it is better.
I am not trading, they've taken a step backwards IMHO.
#967
MBWorld Fanatic!
Not my experience at all, and I was coming from a $106,000 S550. My dealer had a fleet of 204s and I avoided them at all cost. Uncomfortable, cheap, hard plastic interiors. Probably the least Benz-like Benz I've ever been in. I had a 205 loaner for two weeks and traded the S for one.
#968
MBWorld Fanatic!
My friend had a 2013 C300 4Matic...he felt my 2015 W205 was superior in just about every way (especially the interior)...so much so he traded it in for 2016 C300 4Matic.
#969
Junior Member
Not my experience at all, and I was coming from a $106,000 S550. My dealer had a fleet of 204s and I avoided them at all cost. Uncomfortable, cheap, hard plastic interiors. Probably the least Benz-like Benz I've ever been in. I had a 205 loaner for two weeks and traded the S for one.
#971
Just got a 2016 c300 with sport package, blind spot assist, P1, and linden wood @ $43,625.
Leased for $4,000 down (first month, drive off, and all the BS included), $300.00/mo, 10k miles, 36 months
Is this a good deal?? Dealer said they were near $8500 below MSRP
Leased for $4,000 down (first month, drive off, and all the BS included), $300.00/mo, 10k miles, 36 months
Is this a good deal?? Dealer said they were near $8500 below MSRP
#972
MBWorld Fanatic!
Download the spreadsheet, plug your numbers in and see if it matches the dealers figures;
Www.carbuyingsite.wordpress.com
Www.carbuyingsite.wordpress.com
Last edited by Mike5215; 06-21-2016 at 08:23 PM.
#973
Junior Member
Join Date: Jul 2013
Location: DFW
Posts: 28
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2016 W205 - Sport
Hello, I'm seeking some advice. I'm interested in leasing a C300 in FL just received an offer and I'm wondering if I can do better on the discounted price what are some of your thoughts? Thanks in advance!!
MSRP- $48,825
Discounted prices- $45,707
MSRP- $48,825
Discounted prices- $45,707
#974
MBWorld Fanatic!
Originally Posted by SoFreshSoClean
Hello, I'm seeking some advice. I'm interested in leasing a C300 in FL just received an offer and I'm wondering if I can do better on the discounted price what are some of your thoughts? Thanks in advance!!
MSRP- $48,825
Discounted prices- $45,707
MSRP- $48,825
Discounted prices- $45,707