My Take: Looks like the 2010 C-Class has arrived for those who have been eagerly awaiting it’s arrival. Numbers look okay I guess. Nothing to sing about in all honesty. You can probably expect some discounting, but nothing like that past few months. In all honesty, I was expect much worse since they just arrived. I would probably wait a little bit to see if the MF drops a bit more. I personally like them in the lower .00100s instead of the high .00100s. However, if you REALLY must have a C-Class, it probably won’t kill you to get it this month, you will probably have to negotiate a bit harder, that’s all.
Check out the new LIST for the recommended leases of the month.
2010 Mercedes Benz C-Class
2010 Mercedes C300 Luxury
24-month | 15k miles | residual 60% | .00208 base money factor
36-month | 15k miles | residual 55% | .00208 base money factor
48-month | 15k miles | residual 45% | .00208 base money factor
60-month | 15k miles | residual 39% | .00395 base money factor
2010 Mercedes C300 Luxury 4matic
24-month | 15k miles | residual 60% | .00198 base money factor
36-month | 15k miles | residual 55% | .00198 base money factor
48-month | 15k miles | residual 45% | .00198 base money factor
60-month | 15k miles | residual 40% | .00395 base money factor
2010 Mercedes C300 Sport
24-month | 15k miles | residual 60% | .00208 base money factor
36-month | 15k miles | residual 55% | .00208 base money factor
48-month | 15k miles | residual 45% | .00208 base money factor
60-month | 15k miles | residual 39% | .00395 base money factor
2010 Mercedes C300 Sport 4matic
24-month | 15k miles | residual 60% | .00198 base money factor
36-month | 15k miles | residual 55% | .00198 base money factor
48-month | 15k miles | residual 45% | .00198 base money factor
60-month | 15k miles | residual 40% | .00395 base money factor
2010 Mercedes C350 Sport
24-month | 15k miles | residual 58% | .00208 base money factor
36-month | 15k miles | residual 54% | .00208 base money factor
48-month | 15k miles | residual 45% | .00208 base money factor
60-month | 15k miles | residual 40% | .00395 base money factor
2010 Mercedes C63 AMG
24-month | 15k miles | residual 57% | .00430 base money factor
36-month | 15k miles | residual 51% | .00395 base money factor
48-month | 15k miles | residual 44% | .00395 base money factor
60-month | 15k miles | residual 39% | .00395 base money factor
My Take: Before we get started, I’d like to explain to you that these numbers are NOT official numbers from Mazda Credit. These numbers are derived from their “Mazda Summer Drive-Off Event” by using doing a little algebra with the lease calculator. Here’s a brief explanation of this special sales event. Mazda is “waiving” security deposits, 1st month payments and not requiring any down payments. Essentially giving you a ZERO DRIVE-OFF lease. The terms are for 42-months allowing 12k miles per year. In reality, I think they are just rolling in all the inception fees into the lease loan since these cars aren’t very expensive. In terms of lease rates, the numbers are unspectacular. I’m not saying they are horrible, I just think they are “OK” leases with decent potential to be GOOD leases if you can drive the sale price down.
My Take: Not the greatest lease in the world, but close. The car is cheaper than most cars I post here, so it’s worth a look if you are on a the market for a fairly inexpensive AWD sedan. Two $1500 dealer cash offers going on right now, you can’t combine them. either way, the car retails in the low $20ks, so with the 2010 models out, you should be able to get a sub-invoice price. Remember that at invoice, the car is still not a “great deal”, you need to dig below invoice to make that happen.
Update: Loyalty cash is $500. My Take: There is $4000 dealer cash available on the EX35 this month, however it cannot be combined with the special financing, which is actually pretty darn good. 2.9% for 72 months, 1.9% for 60, 0.9% for 48 and 0% for 36 months. I’ve emailed David Baker regarding the cash for leasing, my guess its probably not applicable, but it’s worth asking about regardless. I’m really like the money factors though, the residual is still above average, so it’s worth a look. At invoice, the deal is still slightly more than what I would consider a “good deal”, but if you can get around $1000 below invoice, then deal becomes quite good.
My Take: Looks like MINI is shying away from the 24-month leases by dropping the residual close to a 36-month lease. It’s no question that the sweet spot is the 36-month lease, specially with the residual value this strong. I have to say that I am pleasantly surprised how the leasing world has began shaping up after the major credit meltdown we had last year. Sure, the $400 a month for $40,000 car leases are pretty much gone, but I was expecting things to get worse with GM, Ford and Chrysler getting out of the leasing market. Anyway, MF still a bit high, but the residual is so high that it easily offsets the money factor. This is not a keeper at lease-end though, so just turn it in.
My Take: MF rises .00010 points from June, so things got a bit more expensive than last month. Seems like the Prius is selling well, which could explain the sudden rise in MF. I would recommend passing on this car this month. Maybe next month will be better.
My Take: Lot of questions I haven’t gotten around to answer, so I’ll keep this brief. The residual is below average and the money factor is better than average. I wouldn’t call this a “deal”, but for the right sale price, it could be.