billalo96

You have a nice set of cars, you thinking about getting the CLA45 to mess around with?

bmoney12

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

billalo96

I think the MF will be a bit lower and the residual will be a little higher, and based off what the last person told me for their lease price, they got it for around 800 for it being 65k

stevenross

Your probably right but even this money factor is better than .00225 that they are charging on other Amg's.

I can't wait to drive this thing. Wish it came in manual.

billalo96

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!

Vic55

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).

Vic55

Tempting---- but out of garage space LOL

stevenross

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?

billalo96

Has anyone else been told a lease price for the CLA45?

Vic55

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.

billalo96

Aren't the rates usually better when a car first comes out?

Vic55

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.

billalo96

I am just aiming for less than 700/month for the CLA45, even if that means knocking off many of the options. I'm really in love with this car lol.

Vic55

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.

billalo96

I am in Michigan, I was looking at 57k, but if the price is too high I will knock it down to 50k. I am looking for 36 months and 15k miles a year
Thanks

stevenross

[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?

Vic55

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.

Vic55

[QUOTE=stevenross;5822626]No, its internal.

billalo96

I assumed the residual for this car would be in the low 60% range?

billalo96

I assumed the residual for this car would be in the low 60% range?

Vic55

Maybe but AMG models are lower...

bmoney12

I'd say that's a little high especially for 15K miles.

billalo96

Yes that's true, put I know the CLA250 was put at 64% with 15k miles a year and 36 months, so I was thinking the AMG would be around 60%, but it looks like I am not going to get to add any options lol.

stevenross

[QUOTE=Vic55;5822631]Thank u.

billalo96

Yes that's true, put I know the CLA250 was put at 64% with 15k miles a year and 36 months, so I was thinking the AMG would be around 60%, but it looks like I am not going to get to add any options lol.