What do you guys think of this deal?
MSRP $45,670
Sale Price $40,906
Residual $27,417
Monthly Payment (without tax): $410
Monthly Payment (with tax): $450
Money Factor: .00053
Drive off: $900 (excluding MSDs)
Security Deposit: $3,150
Mileage: 12,000 per year
Term: 36 months
Payments seem to meet 1% rule. Is it a good deal?
Compared to deals that other people have gotten here, I’d say to get the dealer to discount the car more.
I think the base rate money factor is .00127. It seems like the dealer must be giving a 13-15% discount off MSRP to get to these numbers. Think he can go significantly lower on a brand new car?
Jon
February 17, 2018, 9:06pm
4
MSDs don’t look right. It can’t be $3150 if your monthly is $450/month. Is this an actual offer from a dealer?
Yes, its an actual offer. He claimed 7 MSDs adds up to $3,150. Seems like he multiplied the monthly by 7 (7*450=3150).
Jon
February 17, 2018, 9:08pm
6
He’s wrong then. MSDs for MB are based on the pre-MSD monthly.
Thanks. I’m going to double check on the MSD calculation. How much lower do you think he can go on the monthly payment?
Jon
February 17, 2018, 9:17pm
8
You don’t even provide the important information, so how are we supposed to know?
Thanks so much guys. I just got more specific numbers. Let me know if you have any thoughts.
C300 Sport
MSRP $45,670
Sale Price $40,906
Residual $27,417
Monthly Payment (without tax): $410
Monthly Payment (with tax): $450
Money Factor: .00053
Drive off: $900 (excluding MSDs)
Security Deposit: $3,150
Mileage: 12,000 per year
Term: 36 months
Also, updating these into my original post.
Pavlon
February 18, 2018, 1:32am
10
Have you looked at 24/12 term? Have you looked at any exloaners? With that you could save at least $100 per month…
khydrox
February 18, 2018, 1:48am
11
Model 2017 C300 4MATIC
Current Miles 6,XXX
MSRP* $45,815
Sale Price $35,9XX
Fleet Rebate** ($2,500)
Term in months 24
Mileage allowance per year 12,000
Residual Value 65% less adj for miles
Acquisition Fees : $1095
MF : 0.00089 Base MBFS Money factor. Pay 10 MSD and reduce it to 0.00019
Color : Red/Beige
Monthly Payment # $242.38
Total Cash Out of Pocket
3,000 refundable Security deposits
299 processing
450 Tags
1st Payment 242.38
3,991.38
Posted by HN308 few weeks back .
khydrox
February 18, 2018, 1:50am
12
Just curious, cuz im looking for a c300 as well. What kind of extras should I be asking for before signing ? Would they add on a maintenance plan ?