Lease Question
08-07-2009, 11:25 AM
#1
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2009 C63
Lease Question
I searched here and couldn’t find the result. How to decide lease payment for MB? Is there a table including residual percent and interest for 10k/12k/15k miles per year? Basically I just try to understand bow it works. Sorry if it’s a simple question since I am really new to MB.
Thanks!
Thanks!
08-07-2009, 11:43 AM
#4
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2009 Mercedes C63 AMG (July data - August pending?)
24 Month – Residual 53% of MSRP – .00430 Base Rate
36 Month – Residual 48% of MSRP – .00395 Base Rate
48 Month – Residual 42% of MSRP – .00395 Base Rate
60 Month – Residual 38% of MSRP – .00395 Base Rate
Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
Lease Payment Calculation Formula:
(Cap Cost – Residual Value) / Term = Depreciation
(Cap Cost + Residual Value) X Base Rate = Interest
Depreciation + Interest = Base Monthly Payment
Terms Used in Lease Formula:
CAP COST = Vehicle Purchase Price (amount financed)
RESIDUAL VALUE = MSRP (window sticker) X Residual %
TERM = Length of Lease in Months (3 years = 36 months)
BASE RATE = Dealer’s Buy Rate (dealer can mark this up for profit)
NOTE: The manufacturer (captive) lease programs provided are for reference only. Base Rates may vary by region. Your dealer has the option of offering you a higher rate.
24 Month – Residual 53% of MSRP – .00430 Base Rate
36 Month – Residual 48% of MSRP – .00395 Base Rate
48 Month – Residual 42% of MSRP – .00395 Base Rate
60 Month – Residual 38% of MSRP – .00395 Base Rate
Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
Lease Payment Calculation Formula:
(Cap Cost – Residual Value) / Term = Depreciation
(Cap Cost + Residual Value) X Base Rate = Interest
Depreciation + Interest = Base Monthly Payment
Terms Used in Lease Formula:
CAP COST = Vehicle Purchase Price (amount financed)
RESIDUAL VALUE = MSRP (window sticker) X Residual %
TERM = Length of Lease in Months (3 years = 36 months)
BASE RATE = Dealer’s Buy Rate (dealer can mark this up for profit)
NOTE: The manufacturer (captive) lease programs provided are for reference only. Base Rates may vary by region. Your dealer has the option of offering you a higher rate.
08-07-2009, 02:09 PM
#5
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2009 C63
Hmm. I just checked leasecompare.com. The base rate they use for 36 month is 0.00274. Any reason for that low rate?
08-07-2009, 02:33 PM
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'09 C63 AMG
2009 Mercedes C63 AMG (July data - August pending?)
24 Month – Residual 53% of MSRP – .00430 Base Rate
36 Month – Residual 48% of MSRP – .00395 Base Rate
48 Month – Residual 42% of MSRP – .00395 Base Rate
60 Month – Residual 38% of MSRP – .00395 Base Rate
Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
Lease Payment Calculation Formula:
(Cap Cost – Residual Value) / Term = Depreciation
(Cap Cost + Residual Value) X Base Rate = Interest
Depreciation + Interest = Base Monthly Payment
Terms Used in Lease Formula:
CAP COST = Vehicle Purchase Price (amount financed)
RESIDUAL VALUE = MSRP (window sticker) X Residual %
TERM = Length of Lease in Months (3 years = 36 months)
BASE RATE = Dealer’s Buy Rate (dealer can mark this up for profit)
NOTE: The manufacturer (captive) lease programs provided are for reference only. Base Rates may vary by region. Your dealer has the option of offering you a higher rate.
24 Month – Residual 53% of MSRP – .00430 Base Rate
36 Month – Residual 48% of MSRP – .00395 Base Rate
48 Month – Residual 42% of MSRP – .00395 Base Rate
60 Month – Residual 38% of MSRP – .00395 Base Rate
Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
Lease Payment Calculation Formula:
(Cap Cost – Residual Value) / Term = Depreciation
(Cap Cost + Residual Value) X Base Rate = Interest
Depreciation + Interest = Base Monthly Payment
Terms Used in Lease Formula:
CAP COST = Vehicle Purchase Price (amount financed)
RESIDUAL VALUE = MSRP (window sticker) X Residual %
TERM = Length of Lease in Months (3 years = 36 months)
BASE RATE = Dealer’s Buy Rate (dealer can mark this up for profit)
NOTE: The manufacturer (captive) lease programs provided are for reference only. Base Rates may vary by region. Your dealer has the option of offering you a higher rate.
Like I've said before, with the auto finance loan rates so low right now (and MF's on these MB's so high/residuals so low), it may be a much better deal to buy the car instead of lease. That's what I did, and I'm only paying about $60 more per month more (to own the MB C63 AMG) than I paid on my '07 BMW 335i lease! 
And, if you're comparing apples-apples...leasing vs. buying a C63 AMG, it may actually be less expensive to buy the car!!! 
08-07-2009, 03:45 PM
#7
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Geez, those are horrible MF's Like I've said before, with the auto finance loan rates so low right now (and MF's on these MB's so high/residuals so low), it may be a much better deal to buy the car instead of lease. That's what I did, and I'm only paying about $60 more per month more (to own the MB C63 AMG) than I paid on my '07 BMW 335i lease! And, if you're comparing apples-apples...leasing vs. buying a C63 AMG, it may actually be less expensive to buy the car!!!
Like I've said before, with the auto finance loan rates so low right now (and MF's on these MB's so high/residuals so low), it may be a much better deal to buy the car instead of lease. That's what I did, and I'm only paying about $60 more per month more (to own the MB C63 AMG) than I paid on my '07 BMW 335i lease! And, if you're comparing apples-apples...leasing vs. buying a C63 AMG, it may actually be less expensive to buy the car!!! 
