Did okay on my first lease using information from this site and edmunds (for residual and incentives). Some notes for next time and mistakes i made:
I didn’t take into the fact that the loaner already had current registration, so when i made an offer, i included drive-off fees and they took advantage of that
Not sure i made the right decision regarding prepaid maintenance plan
Buy-rate was messed with after i decided on maintenance plan and due to me making the mistake on registration
There are a lot more fewer brokers here in NorCal, so I could not land deals like SoCal it seemed
They increased acquisition fee to $1095 but i asked to lower by 300 off selling
2018, Mercedes, C300 (loaner), and Sedan:
**MSRP: $45,505 (includes prepaid maintenance)
**Selling Price: $35,130
**Monthly Payment: $328 (w/ tax)
**Cash Due at Signing: $879.74 (included the fufu mistake of them adding a downpayment in lieu of registration fee–see my note above)
**MSD: 3 MSDs total $1050
**Incentives: $1750 PenFed Loyalty
**Months: 24
**Annual Mileage: 10K
**MF: .00037 (base rate adjusted after MSDs and me being dumb w/ registration fufu)
**Residual: $28,063 (61.6% re-calculated based on loaner mileage)
**Region: Norther California
**Leasehackr Score: 11.7 (13.1 for 36/10K)
I changed from 36 to 24 when i got to the dealer after seeing the new 3 series come out and the fact that the C300’s were getting refreshed for 2020 (should be in late 2019).
tires likely due at 36m so you should get back your $17/mo in tire savings and then some, especially if you’ll need all 4 replaced. Plus you get a new car again in 2 years.
What was the mileage on your car? I was thinking about doing a loaner but they’re offering a 9000 mile 2018 c300. Honestly I think 9000 is already too close to that 10,000 mile MB loaner limit.
My understanding is that the mid-cycle changes are for MY 2019, actually.
Based on my experience over the last 2 wks (where I couldn’t find a great deal on a low-mileage C300 loaner to save my life), it looks like you got an awesome deal, IMHO.
If they residualized the pre-paid maintenance, you def did the right thing. IIRC, yearly maintenance on my C250 sedan (previous gen) was at least $500 each time.