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C63 507- take over my lease- CHEAP!

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Old Jul 1, 2014 | 08:35 PM
  #1  
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2013 C63 P31 Coupe (my 3rd C63!)
C63 507- take over my lease- CHEAP!

I am looking to get out of my C63 lease and was hoping to find another enthusiast to take it over! I will be using a website like swap a lease, but thought I would offer it up here first. Looking to get out of it asap.

My car is a white 2014 C63 507 edition sedan with only 5,900 miles! 2 tone black/white interior. The only options on the car are AMG illuminated door sills and the headlight package- $73k sticker when new. Mods are a Eurocharged dyno tune by Eurocharged DC (will include handheld programmer if someone from the forum takes over the lease), 35% window tint and K&N drop in filters.

I signed a 4 year lease with 10,000 miles per year back in january, so there are still 41 months left in my lease. My monthly lease payment is a measly $867.56 per month. I put way to much money down to keep my payments low and now that I need out of it I am taking a huge loss

So here is the deal: You can take over my lease and have absurdly cheap lease payments for an awesome Benz. I will even pay all of the transfer fees and have the car detailed before you pick it up!

Who's interested?

C63 507- take over my lease- CHEAP!-img_2152_zpsfd54cc81.jpg
C63 507- take over my lease- CHEAP!-img_2106_zps096ebb6a.jpg
C63 507- take over my lease- CHEAP!-img_2031_zpsea148a8a.jpg
C63 507- take over my lease- CHEAP!-img_0304_zpscae11c03.jpg

Decided to not charge a downpayment in order to move this process along! I will also pay all fees associated with the transfer paperwork! Lets make a deal!

Last edited by stg313; Jul 10, 2014 at 06:47 PM.
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Old Jul 1, 2014 | 09:08 PM
  #2  
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2012 C63 P31 sedan
Take it to Carmax and see if they'll buy it. You have equity in it from the downpayment so if it is possible to outright sell it and pay off the residual go that route instead. You might even get more than $3K back.
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Old Jul 1, 2014 | 09:11 PM
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Originally Posted by realjones88
Take it to Carmax and see if they'll buy it. You have equity in it from the downpayment so if it is possible to outright sell it and pay off the residual go that route instead. You might even get more than $3K back.
I wish man. It was a $75,515 car and my payoff amount is like $67k because all of my downpayment seems to have gone to dumb ****. When I signed the paperwork, the total shown was $80k and I put down 12k. So really I guess I paid like $3k toward lowering my payments? Who knows. I forgot to mention that I paid for prepaid maintenance, so hopefully that carries over to the next owner.

Last edited by stg313; Jul 1, 2014 at 09:46 PM.
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Old Jul 1, 2014 | 09:46 PM
  #4  
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2013 C63 P31 Coupe (my 3rd C63!)
Just double checked and the window sticker on my car was actually $75,515. Editing the posts above now.

C63 507- take over my lease- CHEAP!-img_2334_zps1239486f.jpg
C63 507- take over my lease- CHEAP!-img_2333_zps6521ec91.jpg

Last edited by stg313; Jul 1, 2014 at 09:49 PM.
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Old Jul 1, 2014 | 09:51 PM
  #5  
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From: Northern Virginia
2013 C63 P31 Coupe (my 3rd C63!)
More pictures of the car. Night shots were taken just now.

http://s924.photobucket.com/user/stg...0507%20Edition

Last edited by stg313; Jul 1, 2014 at 10:16 PM.
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Old Jul 1, 2014 | 10:58 PM
  #6  
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Beautiful car man!! Not a bad deal at all, just picked up a 507 recently also and I'm in love with it and can't see parting ways with it for a while. Goodluck with the sale!
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Old Jul 2, 2014 | 12:01 AM
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any particular reason why you're getting rid of it so soon? i've sent this link to a couple of friends in the dc area so hopefully one of them decides to get in touch with you.
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Old Jul 2, 2014 | 01:41 AM
  #8  
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you put down 12k towards a lease! thats plain insane. someone should jump on it. GLWS
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Old Jul 2, 2014 | 02:58 AM
  #9  
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Originally Posted by stg313
I wish man. It was a $75,515 car and my payoff amount is like $67k because all of my downpayment seems to have gone to dumb ****. When I signed the paperwork, the total shown was $80k and I put down 12k. So really I guess I paid like $3k toward lowering my payments? Who knows. I forgot to mention that I paid for prepaid maintenance, so hopefully that carries over to the next owner.
Mind explaining how a $75K car turned into a $80K car? Was there a trade in involved? Put it on CL, I'm sure you'll find someone in no time. Transfer fee is about $750 on Mercedes lease takeover, so you may wanna take the hit and "offer" that to potential buyers, so you end up pocketing $2250.
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Old Jul 2, 2014 | 07:41 AM
  #10  
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E63 S
Originally Posted by OC6.3AMG
Mind explaining how a $75K car turned into a $80K car? .



Tax?


Good looking car. Hope it works out for you.
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Old Jul 2, 2014 | 11:17 AM
  #11  
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2012 C63 P31 sedan
Originally Posted by OC6.3AMG
Mind explaining how a $75K car turned into a $80K car? Was there a trade in involved? Put it on CL, I'm sure you'll find someone in no time. Transfer fee is about $750 on Mercedes lease takeover, so you may wanna take the hit and "offer" that to potential buyers, so you end up pocketing $2250.
Taxes are 4% in VA (paid on the whole car no matter if a lease or a trading in) and figure $2K for the extended maintenance. Probably didn't get much if anything off of MSRP either. Basically, OP got taken for a ride and should have financed it. Live and learn.
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Old Jul 2, 2014 | 11:26 AM
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Wow, such a great deal here. Wish i could give in my C-350 for this and take you up on your proposition. For those monthly payments, and a 507 Edition C63 it sure is a steal. Good luck, and hope she finds a good home!
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Old Jul 2, 2014 | 11:32 AM
  #13  
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can you share what the residual amount is on this?
PL
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Old Jul 2, 2014 | 01:17 PM
  #14  
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I know this has nothing to do with the sale, but how do you like the Eurocharged V5 tune on your 507? Im debating weather or not to buy one for my 507...Thanks!

Good Luck with sale btw! Great price!
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Old Jul 2, 2014 | 01:53 PM
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That's exactly what I'd like to pick up, if you can find out that that prepaid maintenance will transfer to the next owner I will be very interested.

Thanks,
Arsha
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Old Jul 2, 2014 | 09:49 PM
  #16  
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Thanks for the responses guys! Lots to respond to....

Originally Posted by JPetros2008
any particular reason why you're getting rid of it so soon? i've sent this link to a couple of friends in the dc area so hopefully one of them decides to get in touch with you.
I got an unbelievable deal on a boat that I couldn't pass up. If I wanted to turn around and sell it I could pocked $10-13k..... Anywho, I need a tow vehicle. Like now.

Originally Posted by Sidv22
you put down 12k towards a lease! thats plain insane. someone should jump on it. GLWS
Had to make my payments manageable.... I so regret it now.

Originally Posted by OC6.3AMG
Mind explaining how a $75K car turned into a $80K car? Was there a trade in involved? Put it on CL, I'm sure you'll find someone in no time. Transfer fee is about $750 on Mercedes lease takeover, so you may wanna take the hit and "offer" that to potential buyers, so you end up pocketing $2250.
Originally Posted by CPBRI
Tax?


Good looking car. Hope it works out for you.
Taxes, acquisition fee to get it moved to my dealer from one in pittsburgh and the prepaid maintenance package.

Originally Posted by realjones88
Taxes are 4% in VA (paid on the whole car no matter if a lease or a trading in) and figure $2K for the extended maintenance. Probably didn't get much if anything off of MSRP either. Basically, OP got taken for a ride and should have financed it. Live and learn.
You're right!

Originally Posted by ShazV6
Wow, such a great deal here. Wish i could give in my C-350 for this and take you up on your proposition. For those monthly payments, and a 507 Edition C63 it sure is a steal. Good luck, and hope she finds a good home!
Thanks!!

Originally Posted by bzliteyear
can you share what the residual amount is on this?
PL
Residual is $38,383.80

Originally Posted by ArtyyArt
I know this has nothing to do with the sale, but how do you like the Eurocharged V5 tune on your 507? Im debating weather or not to buy one for my 507...Thanks!

Good Luck with sale btw! Great price!
Dude the Eurocharged tune is amazing! Anyone driving a C63 without the tune needs to fix this asap. Not so much for the power added, but the trans remap.

Originally Posted by VividRacing
That's exactly what I'd like to pick up, if you can find out that that prepaid maintenance will transfer to the next owner I will be very interested.

Thanks,
Arsha
Ill ask tomorrow! Thanks!
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Old Jul 2, 2014 | 10:25 PM
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Would you sell wheels and tires lol
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Old Jul 2, 2014 | 10:29 PM
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Originally Posted by roccoam77
Would you sell wheels and tires lol
Sure! $67,600 and I'll even include the rest of the car for free!
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Old Jul 3, 2014 | 12:51 AM
  #19  
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Originally Posted by VividRacing
That's exactly what I'd like to pick up, if you can find out that that prepaid maintenance will transfer to the next owner I will be very interested.
Arsha
I bought a 2012 from a private party in another state. He had purchased the first two maintenance jobs but only used one. When I took it in to my local dealer for the next scheduled maintenance, they were able to identify the prior owners deal before I even asked about it, and it covered the full cost. It was totally painless.
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Old Jul 3, 2014 | 05:54 AM
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Truecar says I can buy a brand new one for as little as $69,500 on an MSRP of $75,000 but your lease buydown is an amazing deal for someone who wants that particular car.
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Old Jul 3, 2014 | 07:07 AM
  #21  
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Originally Posted by VividRacing
That's exactly what I'd like to pick up, if you can find out that that prepaid maintenance will transfer to the next owner I will be very interested.

Thanks,
Arsha
I think most major manufacturers (especially "luxury" brands) allow transfer of prepaid maintenance and extended warranty. Makes sense from a consumer point of view. Should be easy to find out.
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Old Jul 3, 2014 | 07:52 AM
  #22  
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your mom
God damm, you got taken. I hope you can sell it on your terms.. Doesn't seem likely though. Thats a sweet car and I would have taken it off your hands for a li'l lower monthly. The residual is on the higher side too.. considering what all you already put into it.

God damm, you got taken for a joy ride.
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Old Jul 3, 2014 | 11:16 AM
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Rule number 1 when buying a new car or leasing for that matter, The "sticker price" is the MSRP-(Manufacturers "SUGGESTED" retail price) and not to be confused with what they will accept during the dealing process, you offer they either accept or deny.
Rule 2 never trust a car salesman, you make the offer and he must go to the manager, who will come back with his price, do not be afraid to just go up a few hundred dollars and resubmit your offer. Play the game.
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Old Jul 3, 2014 | 11:43 AM
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Originally Posted by Critter
Rule number 1 when buying a new car or leasing for that matter, The "sticker price" is the MSRP-(Manufacturers "SUGGESTED" retail price) and not to be confused with what they will accept during the dealing process, you offer they either accept or deny.
Rule 2 never trust a car salesman, you make the offer and he must go to the manager, who will come back with his price, do not be afraid to just go up a few hundred dollars and resubmit your offer. Play the game.
Rather than dealing with a salesman, this is what you do;

Find invoice and incentives on Edmunds.
Locate your ideal vehicle online.
Contact several dealers in that/your area (dealer trades are quick and easy, most of the time) via email, spelling out your terms (final price/cash offer minus incentives, known lease/finance rates, etc). At least one will bite (and you'll be dealing with the internet manager, someone who sells cars this way all day).
Make a small deposit via CC so that your car isn't sold out from under you.

I buy all my cars/trucks this way. In and out of the dealer in about an hour (sometimes 2). No back and forth bs.

OP, GLWS.
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Old Jul 3, 2014 | 12:00 PM
  #25  
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Originally Posted by Vash
Rather than dealing with a salesman, this is what you do;

Find invoice and incentives on Edmunds.
Locate your ideal vehicle online.
Contact several dealers in that/your area (dealer trades are quick and easy, most of the time) via email, spelling out your terms (final price/cash offer minus incentives, known lease/finance rates, etc). At least one will bite (and you'll be dealing with the internet manager, someone who sells cars this way all day).
Make a small deposit via CC so that your car isn't sold out from under you.

I buy all my cars/trucks this way. In and out of the dealer in about an hour (sometimes 2). No back and forth bs.

OP, GLWS.
Agreed, I contacted a few dealers via internet, called the one who came back with the closest offer, closed the deal over the phone, had to just go in sign paperwork (after double checking everything was exactly what we discussed, I told the dealer if ONE thing is different, they can forget about the deal and I will walk away) pick up care and drive off.

Much less painful than actually going to the dealer. Did everything from the comfort of my office.
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