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2016 Mercedes GLC Class Lease Questions

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Comments

  • MichaellMichaell ColoradoPosts: 124,410
    notoryus said:


    Michaell said:

    notoryus said:

    50k msrp
    49k after discount
    36/12

    Mf .00186
    rv 70%
    WA state

    first 14 months is 505 then remaining is 555.

    is this a good deal for glc lease with premium and parking assist options? Thanks!

    MF is marked up; base MF is .00166.

    36/12 residual for the GLC is 60%, not 70%.

    I don't understand how or why the payment increases after 14 months ... never seen that before in a lease.

    Using $50K as the MSRP and $49K as the cap cost, I get $659/mo before tax using the base MF and 36/12 residual.

    I'm not sure how the dealer is getting to $505 or $555


    Michaell,

    thanks for the info! Actually i am trading a car valued at 12.5k and have a pay off of 6k.

    Ah, OK.

    We don't recommend using trade equity to buy down the payment - if the car is stolen or totaled, you lose that money.

    Instead, have the dealer cut you a check for the equity, and use that money to help with the now higher payment.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • MichaellMichaell ColoradoPosts: 124,410
    flowerem said:

    I'm looking for a 2016 GLC 300 4Matic and was disappointed in the dealer lease offer. Can you tell me what numbers you have for:

    MSRP: 53,220 + 925 destination
    10k/36mo

    Thanks!

    .00166 and 61%

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • My GLK lease is ending on August 4, 2016 and my dealer in Arkansas says he can get me into a new MB lease now and Mercedes Financial will eat the remaining months on my lease and let me move into a new one.

    I built a fully loaded GLC rwd with an MSRP of $53,805 that can be delivered in May. Dealer wont budge from their initial offer of $1600 contribution.

    Tells me that the money factor and residuals change every month and that for March they are RV 58% and MF .00266 for a 24 month 15k/yr lease term. This seems like a really low RV and a really high MF. Also says that I have to order the car and pay $1000 down to get the factory to build it and then once it gets here I will know the terms under which I will pay for the car I've already committed to buy!

    Payment with the dealer contribution, my $1000 down and additional $2000 at delivery is $987 (includes Arkansas monthly sales tax). This just sounds insane. Are the RV and MF they are offering correct? What should I tell them?
  • MichaellMichaell ColoradoPosts: 124,410

    My GLK lease is ending on August 4, 2016 and my dealer in Arkansas says he can get me into a new MB lease now and Mercedes Financial will eat the remaining months on my lease and let me move into a new one.

    I built a fully loaded GLC rwd with an MSRP of $53,805 that can be delivered in May. Dealer wont budge from their initial offer of $1600 contribution.

    Tells me that the money factor and residuals change every month and that for March they are RV 58% and MF .00266 for a 24 month 15k/yr lease term. This seems like a really low RV and a really high MF. Also says that I have to order the car and pay $1000 down to get the factory to build it and then once it gets here I will know the terms under which I will pay for the car I've already committed to buy!

    Payment with the dealer contribution, my $1000 down and additional $2000 at delivery is $987 (includes Arkansas monthly sales tax). This just sounds insane. Are the RV and MF they are offering correct? What should I tell them?

    I agree with the residual but the MF is marked way up. Base MF this month is .00166. The GLC is really popular so I can't say I'm surprised by the lack of discounting on them.

    That said, $1K for a $54K SUV is a crazy high payment. You might want to cross shop some of the competition to see if there is anything else out there you like, or try a couple of other MB dealers to see if you can get a better MF and/or more discount from sticker.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • mlevinemlevine Posts: 397
    GLC
    I even think the base money factor is too high. Taking into consideration no significant discounts and the money factor, one may be paying a high monthly number for this vehicle. That being said, one should check with different dealers as sometimes there is a vehicle they want to move and a good deal can occur.
  • MichaellMichaell ColoradoPosts: 124,410
    mlevine said:

    GLC
    I even think the base money factor is too high. Taking into consideration no significant discounts and the money factor, one may be paying a high monthly number for this vehicle. That being said, one should check with different dealers as sometimes there is a vehicle they want to move and a good deal can occur.

    I suppose the base MF is set based on popularity - should the 'early adopters' get the GLC and sales start to slow, you may see a reduction in the MF in future months.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • mlevinemlevine Posts: 397
    GLC
    I am hoping the deal gets better during the winter event. That being said I have seen MB recent winter events where there was limited winter cash and only certain vehicle in the program. I also need to see the money factor improved as the residuals are not as great as they used to be.
  • MichaellMichaell ColoradoPosts: 124,410
    mlevine said:

    GLC
    I am hoping the deal gets better during the winter event. That being said I have seen MB recent winter events where there was limited winter cash and only certain vehicle in the program. I also need to see the money factor improved as the residuals are not as great as they used to be.

    Time will tell. New vehicles rarely get great lease programs to begin with. It's possible that we'll see better numbers later in the year.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • breezzebreezze Posts: 24
    Can you provide April MF and RV for GLC? 36/12 and 36/15. Any available incentive? Thank you in advance.
  • MichaellMichaell ColoradoPosts: 124,410
    breezze said:

    Can you provide April MF and RV for GLC? 36/12 and 36/15. Any available incentive? Thank you in advance.

    36/15 - .00166 and 58%. Add 2% for 12K.

    No information about incentives.

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    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • What is the April residual value of 36/10?  62%?
  • MichaellMichaell ColoradoPosts: 124,410

    What is the April residual value of 36/10?  62%?

    61% this month for 36/10 on GLC

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • I was offered the following GLC with Premium one package, blind spot and panoramic roof.

    650/ month for 12K/year. Total selling price: 46000 (forgot the exact amount).
    0 down payment. Taxes included as I am in NJ.

    Is it a good price?
    Audi Q5 2016
  • MichaellMichaell ColoradoPosts: 124,410
    viny2cool said:

    I was offered the following GLC with Premium one package, blind spot and panoramic roof.

    650/ month for 12K/year. Total selling price: 46000 (forgot the exact amount).
    0 down payment. Taxes included as I am in NJ.

    Is it a good price?

    36/12 numbers on the GLC are .00166 and 60%.

    Would need to know the MSRP; is the $46K number the selling price or the adjusted cap cost after fees and taxes have been added in?

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • jalwaaajalwaaa Posts: 90
    rv & mf for 36/10 & 36/7.5k for glc300 fwd ?
  • MichaellMichaell ColoradoPosts: 124,410
    jalwaaa said:

    rv & mf for 36/10 & 36/7.5k for glc300 fwd ?

    .00166 and 61% / 62%

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • safa_txsafa_tx Posts: 6
    MSRP $43,845
    Selling price before TT&L $40355

    What would be 36/12k best payment?
  • MichaellMichaell ColoradoPosts: 124,410
    safa_tx said:

    MSRP $43,845
    Selling price before TT&L $40355

    What would be 36/12k best payment?

    .00166 and 60%

    Using your prices, I get $501/mo before tax.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Can anyone provide feedback on this deal.

    GLC 300W
    Premium Package
    Blind Spot Assist
    Multimedia Package

    Tax included
    2 Services included
    $43, 111.42

    = $610/ month
    36 months at 10k/year


  • kyfdxkyfdx Posts: 130,646

    Can anyone provide feedback on this deal.

    GLC 300W
    Premium Package
    Blind Spot Assist
    Multimedia Package

    Tax included
    2 Services included
    $43, 111.42

    = $610/ month
    36 months at 10k/year


    .00166 MF and 61% residual

    What is the MSRP?

    State/tax rate?

    How much due at signing?

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdx said:
    Can anyone provide feedback on this rdeal. GLC 300W Premium Package Blind Spot Assist Multimedia Package Tax included 2 Services included $43, 111.42 = $610/ month 36 months at 10k/year
    .00166 MF and 61% residual What is the MSRP? State/tax rate? How much due at signing?
    msrp is $45535
    state sales tax 6%
    $0 due at signing

    what do you think?  very curious to get input .  Much appreciated 

  • MichaellMichaell ColoradoPosts: 124,410


    kyfdx said:

    Can anyone provide feedback on this rdeal.

    GLC 300W
    Premium Package
    Blind Spot Assist
    Multimedia Package

    Tax included
    2 Services included
    $43, 111.42

    = $610/ month
    36 months at 10k/year


    .00166 MF and 61% residual

    What is the MSRP?

    State/tax rate?

    How much due at signing?

    msrp is $45535
    state sales tax 6%
    $0 due at signing

    what do you think?  very curious to get input .  Much appreciated 



    I get $576/mo with those prices. MF could be be marked up or the cap cost is higher than what you think.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • thanks for the help. Is $576 dealer cost without profit or should I actually be paying closer to that amount ?

    What should the residual value be on 36/12 and 36/10 ?
  • MichaellMichaell ColoradoPosts: 124,410

    thanks for the help. Is $576 dealer cost without profit or should I actually be paying closer to that amount ?

    What should the residual value be on 36/12 and 36/10 ?

    $576 is the payment we calculated using the prices you provided. The way to make the payment lower is to negotiate a better selling price.

    36/10 residual is 61%; 36/12 is 60%

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Michaell, this has been a great learning experience. Does the 576 include tax? De
    Michaell said:

    thanks for the help. Is $576 dealer cost without profit or should I actually be paying closer to that amount ?

    What should the residual value be on 36/12 and 36/10 ?

    $576 is the payment we calculated using the prices you provided. The way to make the payment lower is to negotiate a better selling price.

    36/10 residual is 61%; 36/12 is 60%
    Michaell said:

    thanks for the help. Is $576 dealer cost without profit or should I actually be paying closer to that amount ?

    What should the residual value be on 36/12 and 36/10 ?

    $576 is the payment we calculated using the prices you provided. The way to make the payment lower is to negotiate a better selling price.

    36/10 residual is 61%; 36/12 is 60%
    Did that 576 include tax? I am In tampa fl btw. My dealer went up to 12k/year, we were at 10k yesterday . We are now at 36/12 , $610 a month - 0 down.
  • MichaellMichaell ColoradoPosts: 124,410

    Michaell, this has been a great learning experience. Does the 576 include tax? De

    Michaell said:

    thanks for the help. Is $576 dealer cost without profit or should I actually be paying closer to that amount ?

    What should the residual value be on 36/12 and 36/10 ?

    $576 is the payment we calculated using the prices you provided. The way to make the payment lower is to negotiate a better selling price.

    36/10 residual is 61%; 36/12 is 60%
    Michaell said:

    thanks for the help. Is $576 dealer cost without profit or should I actually be paying closer to that amount ?

    What should the residual value be on 36/12 and 36/10 ?

    $576 is the payment we calculated using the prices you provided. The way to make the payment lower is to negotiate a better selling price.

    36/10 residual is 61%; 36/12 is 60%
    Did that 576 include tax? I am In tampa fl btw. My dealer went up to 12k/year, we were at 10k yesterday . We are now at 36/12 , $610 a month - 0 down.
    Our calculations do not include tax. 6% on $576 is $610

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Michael,

    Can you recalculate lease payment with cap cost 42, 200?

    36/12
    Florida sales tax
    MF .00166
    $0 down at signing

    Really appreciate your advice!!!
  • MichaellMichaell ColoradoPosts: 124,410

    Michael,

    Can you recalculate lease payment with cap cost 42, 200?

    36/12
    Florida sales tax
    MF .00166
    $0 down at signing

    Really appreciate your advice!!!

    $529/mo plus tax.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • cuznvin1cuznvin1 Long IslandPosts: 59
    Hi Michael. I am contemplating a possible 48 month lease What would the MF and Residuals be for an AWD GLC , 48/15 or 48/12. Thanks so much!
  • kyfdxkyfdx Posts: 130,646
    cuznvin1 said:

    Hi Michael. I am contemplating a possible 48 month lease What would the MF and Residuals be for an AWD GLC , 48/15 or 48/12. Thanks so much!

    .00166 MF and 47%/49% residual.

    36 month residuals are 11% higher.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • cuznvin1cuznvin1 Long IslandPosts: 59
    thank you
  • Dear Michaell
    It was a great learning curve seeing all the posts by you. I am in market to lease new GLC, premium one with Blind spot, panaromic sunroof, lightening package. MSRP was 49, dealership offered me 45415 with acq fee of 795 ( that seemed high to me), cash cap reduction ( I don't know what is that) of 3792, LEV of 58%, 180000 miles 36months. I am also giving 5000 down. They offered me 603$, which seemed high to me. Also MF of 0.00196%. Sale tax in my county is 7.5%.
    Can you help me please
  • MichaellMichaell ColoradoPosts: 124,410

    Dear Michaell
    It was a great learning curve seeing all the posts by you. I am in market to lease new GLC, premium one with Blind spot, panaromic sunroof, lightening package. MSRP was 49, dealership offered me 45415 with acq fee of 795 ( that seemed high to me), cash cap reduction ( I don't know what is that) of 3792, LEV of 58%, 180000 miles 36months. I am also giving 5000 down. They offered me 603$, which seemed high to me. Also MF of 0.00196%. Sale tax in my county is 7.5%.
    Can you help me please

    The base MF is .00166, so that is being marked up on you.

    Acquisition fee is $795; surprised the dealer didn't mark that up on you as well - it's common.

    Cash cap reduction is the same as a down payment, and it is not something we recommend for a lease. If the car is stolen or totaled, you lose that money.

    Using the MSRP and selling prices you've provided, I get $595/mo before tax. This is with $0 down.

    Now, the 18,000 miles a year you want means the residual amount will be adjusted by .15-.25 per mile

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • safa_txsafa_tx Posts: 6
    edited April 2016
    Please advise,

    $44,750 MSRP
    selling price $40000
    Price after TT&L: 41022
    down payment $2500; 36mo/12k lease for $532

    $44,750 MSRP
    selling price $41000
    Price after TT&L: 42044
    3 prepaid maintenance service included
    down payment $2500; 36mo/12k lease for $563

    what would be the best number?

    Also I have a question about Residual Value. Does it apply to MSRP or selling price?
  • kyfdxkyfdx Posts: 130,646
    safa_tx said:

    Please advise,

    $44,750 MSRP
    selling price $40000
    Price after TT&L: 41022
    down payment $2500; 36mo/12k lease for $532

    $44,750 MSRP
    selling price $41000
    Price after TT&L: 42044
    3 prepaid maintenance service included
    down payment $2500; 36mo/12k lease for $563

    what would be the best number?

    Also I have a question about Residual Value. Does it apply to MSRP or selling price?

    Residual percentage is always applied to the full MSRP

    .00166 MF and 60% residual.

    Need to ask for the adjusted CAP cost.

    $1000 upfront for three services... Need to find out what those services entail, and how much they cost, to know if it's worth paying upfront.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • safa_txsafa_tx Posts: 6
    edited April 2016
    kyfdx said:

    safa_tx said:

    Please advise,

    $44,750 MSRP
    selling price $40000
    Price after TT&L: 41022
    down payment $2500; 36mo/12k lease for $532

    $44,750 MSRP
    selling price $41000
    Price after TT&L: 42044
    3 prepaid maintenance service included
    down payment $2500; 36mo/12k lease for $563

    what would be the best number?

    Also I have a question about Residual Value. Does it apply to MSRP or selling price?

    Residual percentage is always applied to the full MSRP

    .00166 MF and 60% residual.

    Need to ask for the adjusted CAP cost.

    $1000 upfront for three services... Need to find out what those services entail, and how much they cost, to know if it's worth paying upfront.
    Is it possible to assume selling price is the base cap?
    I've been told dealer acquisition fees is $1070!!! Does it help? this seems high!
  • MichaellMichaell ColoradoPosts: 124,410
    safa_tx said:

    kyfdx said:

    safa_tx said:

    Please advise,

    $44,750 MSRP
    selling price $40000
    Price after TT&L: 41022
    down payment $2500; 36mo/12k lease for $532

    $44,750 MSRP
    selling price $41000
    Price after TT&L: 42044
    3 prepaid maintenance service included
    down payment $2500; 36mo/12k lease for $563

    what would be the best number?

    Also I have a question about Residual Value. Does it apply to MSRP or selling price?

    Residual percentage is always applied to the full MSRP

    .00166 MF and 60% residual.

    Need to ask for the adjusted CAP cost.

    $1000 upfront for three services... Need to find out what those services entail, and how much they cost, to know if it's worth paying upfront.
    Is it possible to assume selling price is the base cap?
    I've been told dealer acquisition fees is $1070!!! Does it help? this seems high!
    Adjusted cap is selling price plus any taxes or fees you aren't paying up front.

    Base acquisition fee is $795, so that is marked up.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • safa_txsafa_tx Posts: 6
    edited April 2016
    Michaell said:

    safa_tx said:

    Please advise,

    $44,750 MSRP
    selling price $40000
    Price after TT&L: 41022
    down payment $2500; 36mo/12k lease for $532

    $44,750 MSRP
    selling price $41000
    Price after TT&L: 42044
    3 prepaid maintenance service included
    down payment $2500; 36mo/12k lease for $563

    what would be the best number?



    Adjusted cap is selling price plus any taxes or fees you aren't paying up front.

    Base acquisition fee is $795, so that is marked up.
    So could you tell me the best number with these information?
  • MichaellMichaell ColoradoPosts: 124,410
    safa_tx said:

    Michaell said:

    safa_tx said:

    Please advise,

    $44,750 MSRP
    selling price $40000
    Price after TT&L: 41022
    down payment $2500; 36mo/12k lease for $532

    $44,750 MSRP
    selling price $41000
    Price after TT&L: 42044
    3 prepaid maintenance service included
    down payment $2500; 36mo/12k lease for $563

    what would be the best number?



    Adjusted cap is selling price plus any taxes or fees you aren't paying up front.

    Base acquisition fee is $795, so that is marked up.
    So could you tell me the best number with these information?
    I don't track selling prices. Read back through the last page or so of this thread to see what others have paid.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • jalwaaajalwaaa Posts: 90
    edited April 2016
    they have stopped building the 2016 glc and 2017 glc will be built in june my dealer said, do you think the 2017 glc will have very low residuals to flush out the 2016 glc's?
  • MichaellMichaell ColoradoPosts: 124,410
    jalwaaa said:

    they have stopped building the 2016 glc and 2017 glc will be built in june my dealer said, do you think the 2017 glc will have very low residuals to flush out the 2016 glc's?

    That's certainly possible, but it's hard to predict what the marketing and finance folks will do.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • safa_txsafa_tx Posts: 6
    Michaell said:

    safa_tx said:

    Michaell said:

    safa_tx said:

    Please advise,

    $44,750 MSRP
    selling price $40000
    Price after TT&L: 41022
    down payment $2500; 36mo/12k lease for $532

    $44,750 MSRP
    selling price $41000
    Price after TT&L: 42044
    3 prepaid maintenance service included
    down payment $2500; 36mo/12k lease for $563

    what would be the best number?



    Adjusted cap is selling price plus any taxes or fees you aren't paying up front.

    Base acquisition fee is $795, so that is marked up.
    So could you tell me the best number with these information?
    I don't track selling prices. Read back through the last page or so of this thread to see what others have paid.
    Is 0.00166 MF the least number I can get? why is it so HIGH?!!!
    Is there any way to reduce money factor?
  • cheungmccheungmc Posts: 22
    Can you please provide me with the latest MF and residual for 36/ 10 and 36/ 12 on the GLC300. Thanks.
  • MichaellMichaell ColoradoPosts: 124,410
    safa_tx said:
    Please advise, $44,750 MSRP selling price $40000 Price after TT&L: 41022 down payment $2500; 36mo/12k lease for $532 $44,750 MSRP selling price $41000 Price after TT&L: 42044 3 prepaid maintenance service included down payment $2500; 36mo/12k lease for $563 what would be the best number?
    Adjusted cap is selling price plus any taxes or fees you aren't paying up front. Base acquisition fee is $795, so that is marked up.
    So could you tell me the best number with these information?
    I don't track selling prices. Read back through the last page or so of this thread to see what others have paid.
    Is 0.00166 MF the least number I can get? why is it so HIGH?!!! Is there any way to reduce money factor?
    .00166 is the base rate. These are popular. 

    We've heard from other members that MSD can be used to lower the MF. 

    Check with your dealer. 

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • safa_txsafa_tx Posts: 6
    My dealer gives me 0.00237 MF which is much higher than 0.00166.
    Is this something negotiable?
  • MichaellMichaell ColoradoPosts: 124,410
    safa_tx said:

    My dealer gives me 0.00237 MF which is much higher than 0.00166.
    Is this something negotiable?

    It is something the dealer can mark up. You politely but firmly explain to the dealer that you won't sign a deal with an inflated MF.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • jane_stjane_st Posts: 4
    Hello;

    Yesterday I got this offer from my dealer for 36 month lease with 12000 miles for GLC300 RWD:
    the car sticker price was $447xx and they gave $47xx discount which makes car price to be $40000. the cap cost comes to be $40795 and taxes and registration are about $2800 (I am in Texas and have to pay taxes for the whole car price!!)
    I agreed to put $2500 down payment and they offered me $530 per month everything included.

    Is it a decent deal?
  • MichaellMichaell ColoradoPosts: 124,410
    jane_st said:

    Hello;

    Yesterday I got this offer from my dealer for 36 month lease with 12000 miles for GLC300 RWD:
    the car sticker price was $447xx and they gave $47xx discount which makes car price to be $40000. the cap cost comes to be $40795 and taxes and registration are about $2800 (I am in Texas and have to pay taxes for the whole car price!!)
    I agreed to put $2500 down payment and they offered me $530 per month everything included.

    Is it a decent deal?

    Are you paying the taxes and registration up front, in addition to the $2500 down payment?

    .00166 and 60% for 36/12. Using your MSRP and cap cost, I get $500/mo. There is about a $1000 difference ($30/mo x 36 months) - I would confirm the cap cost and the how the $2500 due at signing is being used.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • jane_stjane_st Posts: 4
    Taxes and other fees are included in $2500 and $530. nothing to pay extra upfront!
  • MichaellMichaell ColoradoPosts: 124,410
    jane_st said:

    Taxes and other fees are included in $2500 and $530. nothing to pay extra upfront!

    I thought the taxes were $2800? Where is the other $300?

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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