There is no catch! The Sign and Drive Lease from Mercedes-Benz on the 2010 Mercede-Benz C300 Sport was so successful in April that it’s back in May. If you want my no holds barred opinon of leasing have a look at my “Why Lease?” article I posted a couple of weeks ago… no sugar coating here! Below are the details of the new program:
Mercedes-Benz Sign and Drive Lease: C300 4matic Sport
Based on a car with an MSRP (window sticker price) of $40,275
10,000 miles per year
36 month lease term
$459 per month!
So how does it really break down?
A $40,275 MSRP is going to be a Black, Arctic White, or Mars Red C300 4matic Sport model with the Premium 1 Package (Auto-Dimming Mirrors, Four-way power lumbar support – driver only, Garage door opener, Heated front seats, Memory seat w/ poer steering column – driver only, rain sensing windshield wipers, Integrated compass in rear view mirror, SIRIUS satellite radio – first 6 months are free).
You’re still responsible for tax, title, license and fees… however your first payment is taken care of by the dealer and there is no customer cash (cap cost reduction) required at signing.
Remember, if you need 12,000 or 15,000 miles per year you can get them, but the monthly payment changes. If you want a car with the Multi Media Package and thus a higher MSRP, the monthly payment will also change.
Bottom line is that lease rates are good, and there are a lot of cars currently in stock to choose from. C class sales are up significantly from 2009, as you can see from the Mercedes-Benz Sales Figures article I posted the other day, don’t wait any longer, now is the time, before interest rates begin to climb along with lease rates.