CLA45 AMG lease rates
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My guess is a MF starting around .00200 and a residual in the 58% range. $800+ a month for a 60K CLA45 using those #'s. You can use the site below to go over different scenarios.
http://www.leaseguide.com/calc.htm
http://www.leaseguide.com/calc.htm
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My guess is a MF starting around .00200 and a residual in the 58% range. $800+ a month for a 60K CLA45 using those #'s. You can use the site below to go over different scenarios.
http://www.leaseguide.com/calc.htm
http://www.leaseguide.com/calc.htm
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Lol i just need it for less than 700/month, so sacrificing options is fine by me.. All i need is the performance exhaust and red calipers.. I cant wait to drive it, i have been excited ever since they even talked about it!
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Where did you get .00225--- std tier 1 plus rates (auto approval on Trans Union) are .00195 or .00185 with auto pay. Of course that is right now (Oct).
Last edited by Vic55; 10-25-2013 at 06:24 PM.
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I saw that in their book as the mf for the c63. Are you saying its .00195 with tier 1 credit. Is this posted somewhere ? What if there is a car where the program is supported and is less will they give .25 less for tier 1?
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If there is special program then its all the same rate if approved.
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Tier 1 PLUS (called A1) is .00195 in Oct... not just Tier 1. Its basically MBFS' auto approval tier. This is just standard rate lease factors. Tier 1 (non plus) is higher at .00225 and thats what you saw. .00255 is tier 2.
If there is special program then its all the same rate if approved.
If there is special program then its all the same rate if approved.
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Not really--- only if the factory is trying to subvent the rates to move the product. A first model year AMG will not be so lucky. If you want a cheap factor under Benz it will be on their higher production models like the C and E and other non AMG models. The best time is in December where they kick down big programs and move the most new cars.
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Not really--- only if the factory is trying to subvent the rates to move the product. A first model year AMG will not be so lucky. If you want a cheap factor under Benz it will be on their higher production models like the C and E and other non AMG models. The best time is in December where they kick down big programs and move the most new cars.
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1. term and miles per year which will control residual
2. credit tiering which will control money factor buy rate
The rest is up to you:
1. Price- this is the best way to drive your payment down-
2. Cap Cost reduction to reduce price
3. Lease term- you can go longer to lower your payment but I dont recommend
There are other factors but the above are the major controllable and non controllable. Sometimes a payment is just out of reach because the car is too pricey or doesnt lease well. Id assume this; the CLA45 should have reasonable residuals for 36 months. The current E63 (non S) 2014 model has a 58 month 36 month residual for 15k miles. So if one goes 10k on that car they get a 61% residual on the car for 3 years. That is huge.
If you have MSRP I can help with some mock payments. What state are you in? If you live in an upfront state you have to pay all the taxes at inception which sux. In California we only have to pay tax on the cap cost reduction, and each months payment when its due.
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Well there are alot of fixed things based on what you choose at the exact moment when you are there:
1. term and miles per year which will control residual
2. credit tiering which will control money factor buy rate
The rest is up to you:
1. Price- this is the best way to drive your payment down-
2. Cap Cost reduction to reduce price
3. Lease term- you can go longer to lower your payment but I dont recommend
There are other factors but the above are the major controllable and non controllable. Sometimes a payment is just out of reach because the car is too pricey or doesnt lease well. Id assume this; the CLA45 should have reasonable residuals for 36 months. The current E63 (non S) 2014 model has a 58 month 36 month residual for 15k miles. So if one goes 10k on that car they get a 61% residual on the car for 3 years. That is huge.
If you have MSRP I can help with some mock payments. What state are you in? If you live in an upfront state you have to pay all the taxes at inception which sux. In California we only have to pay tax on the cap cost reduction, and each months payment when its due.
1. term and miles per year which will control residual
2. credit tiering which will control money factor buy rate
The rest is up to you:
1. Price- this is the best way to drive your payment down-
2. Cap Cost reduction to reduce price
3. Lease term- you can go longer to lower your payment but I dont recommend
There are other factors but the above are the major controllable and non controllable. Sometimes a payment is just out of reach because the car is too pricey or doesnt lease well. Id assume this; the CLA45 should have reasonable residuals for 36 months. The current E63 (non S) 2014 model has a 58 month 36 month residual for 15k miles. So if one goes 10k on that car they get a 61% residual on the car for 3 years. That is huge.
If you have MSRP I can help with some mock payments. What state are you in? If you live in an upfront state you have to pay all the taxes at inception which sux. In California we only have to pay tax on the cap cost reduction, and each months payment when its due.
Thanks
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[QUOTE=Vic55;5822603]Tier 1 PLUS (called A1) is .00195 in Oct... not just Tier 1. Its basically MBFS' auto approval tier. This is just standard rate lease factors. Tier 1 (non plus) is higher at .00225 and thats what you saw. .00255 is tier 2.
Is there a place where this is posted?
Is there a place where this is posted?
#42
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Assumptions
MSRP is 57k
Assumed cap cost is 57k
Bank fee is 695
Tier A1- auto pay .00185
Assumed residual 56% times 57000 is 31920
Term 36 months
Non upfront state so taxes per payment only
Cap Cost is 57000 minus 31920 = 25080/36 is 696.66 for depreciation. Interest is 57000 plus 31920 times .00185 is 164.50. 696.66 plus 164.50 is 861.16 plus your tax rate in MI. I didnt include bank fee, license, reg, first payment or other costs. REmember these are all assumptions including no money in the cap cost of the car and the big one: residual.
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Well I did forget one thing------ the residuals are not out yet.... so lets play the game of supposition.
Assumptions
MSRP is 57k
Assumed cap cost is 57k
Bank fee is 695
Tier A1- auto pay .00185
Assumed residual 56% times 57000 is 31920
Term 36 months
Non upfront state so taxes per payment only
Cap Cost is 57000 minus 31920 = 25080/36 is 696.66 for depreciation. Interest is 57000 plus 31920 times .00185 is 164.50. 696.66 plus 164.50 is 861.16 plus your tax rate in MI. I didnt include bank fee, license, reg, first payment or other costs. REmember these are all assumptions including no money in the cap cost of the car and the big one: residual.
Assumptions
MSRP is 57k
Assumed cap cost is 57k
Bank fee is 695
Tier A1- auto pay .00185
Assumed residual 56% times 57000 is 31920
Term 36 months
Non upfront state so taxes per payment only
Cap Cost is 57000 minus 31920 = 25080/36 is 696.66 for depreciation. Interest is 57000 plus 31920 times .00185 is 164.50. 696.66 plus 164.50 is 861.16 plus your tax rate in MI. I didnt include bank fee, license, reg, first payment or other costs. REmember these are all assumptions including no money in the cap cost of the car and the big one: residual.
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