My Take: For those who waited on the 2010 C-Class last month, you just saved yourself some cash. The residual value on the C stayed the same (GOOD) and the money factor dropped 0.00035 points for practically all trims in the 36 and 48 month terms (except the C63, which is expected). The drop of the money factors saves you about $21 per month. The Lease Calculator rates a C300 Sport with Premium 2 package (sold at invoice) at 1.32 rating, which is just “Average”. This means, there’s room to go down, but it won’t kill you if you really want it. Remember, this is contingent on you getting at least invoice as the sale price and paying your usual $2000 (or so) inception fees.
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2010 Mercedes C-Class
2010 Mercedes C300 Luxury
24-month | 15k miles | residual 60% | .00208 base money factor
36-month | 15k miles | residual 55% | .00173 base money factor
48-month | 15k miles | residual 45% | .00173 base money factor
60-month | 15k miles | residual 39% | .00385 base money factor
2010 Mercedes C300 Luxury 4matic
24-month | 15k miles | residual 60% | .00198 base money factor
36-month | 15k miles | residual 55% | .00163 base money factor
48-month | 15k miles | residual 45% | .00163 base money factor
60-month | 15k miles | residual 39% | .00385 base money factor
2010 Mercedes C300 Sport
24-month | 15k miles | residual 60% | .00208 base money factor
36-month | 15k miles | residual 55% | .00173 base money factor
48-month | 15k miles | residual 45% | .00173 base money factor
60-month | 15k miles | residual 39% | .00385 base money factor
2010 Mercedes C300 Sport 4matic
24-month | 15k miles | residual 60% | .00198 base money factor
36-month | 15k miles | residual 55% | .00163 base money factor
48-month | 15k miles | residual 45% | .00163 base money factor
60-month | 15k miles | residual 39% | .00385 base money factor
2010 Mercedes C350 Sport
24-month | 15k miles | residual 58% | .00208 base money factor
36-month | 15k miles | residual 54% | .00173 base money factor
48-month | 15k miles | residual 45% | .00173 base money factor
60-month | 15k miles | residual 40% | .00385 base money factor
2010 Mercedes C63 AMG
24-month | 15k miles | residual 57% | .00430 base money factor
36-month | 15k miles | residual 51% | .00385 base money factor
48-month | 15k miles | residual 44% | .00385 base money factor
60-month | 15k miles | residual 39% | .00385 base money factor
G, thanks for the info.
Based on the example in your description (invoice w/ p2), could you give me an example of what a good deal would be with 36/39 10k?
Instead of getting a quote from a dealer, I’d like to go there with a goal.
@MSF. Shoot for a close to invoice sale price and make sure the residual/money factor are the same as the ones posted. At 10k miles per year, you are looking at +3% on the residual posted. I know you’d rather have me give you a “how much due at signing and how much per month” quote, so I’ll say this…2010 C300 Sport with P2 package, MSRP 38,175, Sale 35,564 (invoice), 36-months, 10k miles, $472 per month. Around $2000 inception due at signing, taxes not included. My guess is the 39-month term might be a bit better, but if you have to pay yearly dmv registration fees, like we do here in CA, it might not be all that great.
How can a c300 sport with a P2 package be msrp 38,175?????
@robert. the base price of the C300 sport is $33,600. The P2 package adds $3700 in options. Then you add the delivery $875. If you choose a non-metallic color, you can avoid the extra $720 they charge for metallic paint.
you are correct. i was looking at c300 LUXURY with P1 and extras came out to almost $44k !!!!
the luxury and those colors/extras really get you! it is amazing how they can be $10k????!!!!! L O L
anyways, i’m glad i found this informative site. how much will residual be if i go to 18k miles you think? maybe i should move up to the e class????
@robert. yeah, most people don’t even bother with the luxury trim because its so pricey. LOL. I know I wouldn’t. There isn’t a preset residual value for 18k mile leases. What usually happens with high-mile leases is that they take the 15k and then have you purchase the extra 3000 miles per year at a predetermined rate, which is lower than their overage penalty. Example, lets take a $40k car at 36mo/15k term and a 50% residual, or $20,000 after 3 yrs. Now lets say the bank charges $0.10 per mile over 15k, that means your residual value will drop by $900 to $19,100 or 47.75%.
As far as the E-Class is concerned, I don’t recommend it since the interest is way too high this month. Of course, some folks have still pulled the trigger on it because they really wanted the car. I guess it really depends on whether it fits your budget.
is it possible to still lease a 2009? I saw on edmunds they’re giving a 4k cash back.
2010 C 300 Sport 4Matic – Offered a deal for 12K per yr., 36 months, $499.00 per month (including 7% sales tax) – total due at signing is $2000 (includes all costs). Is this a decent deal?
P.S. – The car has the P1 package, iPod integration, and wood trim…
@stan. If you can find one with the options and colors you want. I heard $5k from Hue (another of our readers) who’s shopping for a 09 C350. Maybe $4k is for the c300.
@PTM. I sounds alright since it includes all your taxes. $2000 is about how much the inception fees are on C. However, I am curious to know how much your MSRP and sale price was. Knowing the sale price and MSRP is the best way to determine how good a deal is.
G, Thanks for responding so quick…you’re help is appreciated. The MSRP on the car is $40,970; the sale price is $36,500…according to the dealer.
@PTM. The deal is good, I would not feel to bad pulling the trigger.
Thanks again for the help!