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2017 Mercedes Benz GLC-Class Lease Questions

MichaellMichaell ColoradoPosts: 116,804
edited March 2017 in Mercedes-Benz
Ask your 2017 GLC-class lease questions, here!

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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2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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Comments

  • Hi Experts,
    Do we have the MF and Residuals for Aug for the 2017 GLC?
  • MichaellMichaell ColoradoPosts: 116,804

    Hi Experts,
    Do we have the MF and Residuals for Aug for the 2017 GLC?

    We do.

    What term and mileage? What trim?

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • 36/15 and 2WD
  • kyfdxkyfdx Everywhere, USAPosts: 126,124

    Hi Experts,
    Do we have the MF and Residuals for Aug for the 2017 GLC?

    36/15 and 2WD

    .00153 MF and 57% residual

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

    Edmunds Moderator

  • How about AWD 36/12? Any incentives? Thanks
  • MichaellMichaell ColoradoPosts: 116,804
    poodoc82 said:

    How about AWD 36/12? Any incentives? Thanks

    .00150 and 59%

    No incentive information for MB

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Hi Experts,

    Coming up the curve as quickly as I can on the concept(s), but assuming .00150 as the base MF, what is the marginal impact of maxing out on MSDs and/or AutoPay on the MF? I have a 2017 GLC3004W on order and expect to take delivery in November, so have plenty of time to negotiate, but want to make sure I know what the heck I'm talking about when I sit down at the table with MB of Manhattan here in NYC.
  • MichaellMichaell ColoradoPosts: 116,804
    bpfinkel said:

    Hi Experts,

    Coming up the curve as quickly as I can on the concept(s), but assuming .00150 as the base MF, what is the marginal impact of maxing out on MSDs and/or AutoPay on the MF? I have a 2017 GLC3004W on order and expect to take delivery in November, so have plenty of time to negotiate, but want to make sure I know what the heck I'm talking about when I sit down at the table with MB of Manhattan here in NYC.

    Autopay reduces the MF .00010; we're pretty sure that each MSD lowers the MF .00007.

    However, we don't have definitive information as to whether MSDs can be used on an already discounted MF. We've had conflicting information reported by others in the MB discussions.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Michaell said:

    bpfinkel said:

    Hi Experts,

    Coming up the curve as quickly as I can on the concept(s), but assuming .00150 as the base MF, what is the marginal impact of maxing out on MSDs and/or AutoPay on the MF? I have a 2017 GLC3004W on order and expect to take delivery in November, so have plenty of time to negotiate, but want to make sure I know what the heck I'm talking about when I sit down at the table with MB of Manhattan here in NYC.

    Autopay reduces the MF .00010; we're pretty sure that each MSD lowers the MF .00007.

    However, we don't have definitive information as to whether MSDs can be used on an already discounted MF. We've had conflicting information reported by others in the MB discussions.

    Thank you very much for getting back to me so quickly!

    By way of update, I was just told by MB Manhattan that MSD discounts are not applicable for purchases in New York State (irrespective of the state in which the car will be registered; I am a NJ resident). Convenient that he figured this out only after my build has gone final.

    One alternative he suggested was to lump-sum pay the 36 lease term upfront. Reduces MF to 0.00070. I suppose that's worth it if you don't think you can earn >1.7% return putting that money elsewhere. Certainly not in a savings account!

    Hope this post helps others somehow -- I certainly learned a lot from combing these forums. Thanks again Michaell for getting back to me.
  • MichaellMichaell ColoradoPosts: 116,804
    bpfinkel said:

    Michaell said:

    bpfinkel said:

    Hi Experts,

    Coming up the curve as quickly as I can on the concept(s), but assuming .00150 as the base MF, what is the marginal impact of maxing out on MSDs and/or AutoPay on the MF? I have a 2017 GLC3004W on order and expect to take delivery in November, so have plenty of time to negotiate, but want to make sure I know what the heck I'm talking about when I sit down at the table with MB of Manhattan here in NYC.

    Autopay reduces the MF .00010; we're pretty sure that each MSD lowers the MF .00007.

    However, we don't have definitive information as to whether MSDs can be used on an already discounted MF. We've had conflicting information reported by others in the MB discussions.

    Thank you very much for getting back to me so quickly!

    By way of update, I was just told by MB Manhattan that MSD discounts are not applicable for purchases in New York State (irrespective of the state in which the car will be registered; I am a NJ resident). Convenient that he figured this out only after my build has gone final.

    One alternative he suggested was to lump-sum pay the 36 lease term upfront. Reduces MF to 0.00070. I suppose that's worth it if you don't think you can earn >1.7% return putting that money elsewhere. Certainly not in a savings account!

    Hope this post helps others somehow -- I certainly learned a lot from combing these forums. Thanks again Michaell for getting back to me.
    Yes, NY does not allow MSD - I should have caught that earlier.

    And, a one-pay might be a better approach, given the savings on the 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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Michaell said:

    bpfinkel said:

    Michaell said:

    bpfinkel said:

    Hi Experts,

    Coming up the curve as quickly as I can on the concept(s), but assuming .00150 as the base MF, what is the marginal impact of maxing out on MSDs and/or AutoPay on the MF? I have a 2017 GLC3004W on order and expect to take delivery in November, so have plenty of time to negotiate, but want to make sure I know what the heck I'm talking about when I sit down at the table with MB of Manhattan here in NYC.

    Autopay reduces the MF .00010; we're pretty sure that each MSD lowers the MF .00007.

    However, we don't have definitive information as to whether MSDs can be used on an already discounted MF. We've had conflicting information reported by others in the MB discussions.

    Thank you very much for getting back to me so quickly!

    By way of update, I was just told by MB Manhattan that MSD discounts are not applicable for purchases in New York State (irrespective of the state in which the car will be registered; I am a NJ resident). Convenient that he figured this out only after my build has gone final.

    One alternative he suggested was to lump-sum pay the 36 lease term upfront. Reduces MF to 0.00070. I suppose that's worth it if you don't think you can earn >1.7% return putting that money elsewhere. Certainly not in a savings account!

    Hope this post helps others somehow -- I certainly learned a lot from combing these forums. Thanks again Michaell for getting back to me.
    Yes, NY does not allow MSD - I should have caught that earlier.

    And, a one-pay might be a better approach, given the savings on the MF.
    Michaell said:

    bpfinkel said:

    Michaell said:

    bpfinkel said:

    Hi Experts,

    Coming up the curve as quickly as I can on the concept(s), but assuming .00150 as the base MF, what is the marginal impact of maxing out on MSDs and/or AutoPay on the MF? I have a 2017 GLC3004W on order and expect to take delivery in November, so have plenty of time to negotiate, but want to make sure I know what the heck I'm talking about when I sit down at the table with MB of Manhattan here in NYC.

    Autopay reduces the MF .00010; we're pretty sure that each MSD lowers the MF .00007.

    However, we don't have definitive information as to whether MSDs can be used on an already discounted MF. We've had conflicting information reported by others in the MB discussions.

    Thank you very much for getting back to me so quickly!

    By way of update, I was just told by MB Manhattan that MSD discounts are not applicable for purchases in New York State (irrespective of the state in which the car will be registered; I am a NJ resident). Convenient that he figured this out only after my build has gone final.

    One alternative he suggested was to lump-sum pay the 36 lease term upfront. Reduces MF to 0.00070. I suppose that's worth it if you don't think you can earn >1.7% return putting that money elsewhere. Certainly not in a savings account!

    Hope this post helps others somehow -- I certainly learned a lot from combing these forums. Thanks again Michaell for getting back to me.
    Yes, NY does not allow MSD - I should have caught that earlier.

    And, a one-pay might be a better approach, given the savings on the MF.

    What If one decides to pay the entire 36 month sum upfront and something happens to the car, stolen, totaled etc. Is the insurance company still liable to pay anything? Since you have already paid the entire lease amount off? Is it not similar to paying a huge down on the car?
  • kyfdxkyfdx Everywhere, USAPosts: 126,124

    Michaell said:

    bpfinkel said:

    Michaell said:

    bpfinkel said:

    Hi Experts,

    Coming up the curve as quickly as I can on the concept(s), but assuming .00150 as the base MF, what is the marginal impact of maxing out on MSDs and/or AutoPay on the MF? I have a 2017 GLC3004W on order and expect to take delivery in November, so have plenty of time to negotiate, but want to make sure I know what the heck I'm talking about when I sit down at the table with MB of Manhattan here in NYC.

    Autopay reduces the MF .00010; we're pretty sure that each MSD lowers the MF .00007.

    However, we don't have definitive information as to whether MSDs can be used on an already discounted MF. We've had conflicting information reported by others in the MB discussions.

    Thank you very much for getting back to me so quickly!

    By way of update, I was just told by MB Manhattan that MSD discounts are not applicable for purchases in New York State (irrespective of the state in which the car will be registered; I am a NJ resident). Convenient that he figured this out only after my build has gone final.

    One alternative he suggested was to lump-sum pay the 36 lease term upfront. Reduces MF to 0.00070. I suppose that's worth it if you don't think you can earn >1.7% return putting that money elsewhere. Certainly not in a savings account!

    Hope this post helps others somehow -- I certainly learned a lot from combing these forums. Thanks again Michaell for getting back to me.
    Yes, NY does not allow MSD - I should have caught that earlier.

    And, a one-pay might be a better approach, given the savings on the MF.
    Michaell said:

    bpfinkel said:

    Michaell said:

    bpfinkel said:

    Hi Experts,

    Coming up the curve as quickly as I can on the concept(s), but assuming .00150 as the base MF, what is the marginal impact of maxing out on MSDs and/or AutoPay on the MF? I have a 2017 GLC3004W on order and expect to take delivery in November, so have plenty of time to negotiate, but want to make sure I know what the heck I'm talking about when I sit down at the table with MB of Manhattan here in NYC.

    Autopay reduces the MF .00010; we're pretty sure that each MSD lowers the MF .00007.

    However, we don't have definitive information as to whether MSDs can be used on an already discounted MF. We've had conflicting information reported by others in the MB discussions.

    Thank you very much for getting back to me so quickly!

    By way of update, I was just told by MB Manhattan that MSD discounts are not applicable for purchases in New York State (irrespective of the state in which the car will be registered; I am a NJ resident). Convenient that he figured this out only after my build has gone final.

    One alternative he suggested was to lump-sum pay the 36 lease term upfront. Reduces MF to 0.00070. I suppose that's worth it if you don't think you can earn >1.7% return putting that money elsewhere. Certainly not in a savings account!

    Hope this post helps others somehow -- I certainly learned a lot from combing these forums. Thanks again Michaell for getting back to me.
    Yes, NY does not allow MSD - I should have caught that earlier.

    And, a one-pay might be a better approach, given the savings on the MF.

    What If one decides to pay the entire 36 month sum upfront and something happens to the car, stolen, totaled etc. Is the insurance company still liable to pay anything? Since you have already paid the entire lease amount off? Is it not similar to paying a huge down on the car?
    Single-pay leases work differently than large CAP cost reductions.

    To calculate a single-pay lease, you do it exactly as a normal lease, just with a lower MF, and then add up the payments. If the lease ends early, due to loss, then the lease is assumed to have been paid monthly, and the portion of payments not yet due are returned to the customer. (which of course, changes the lease payoff number, etc, etc).

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

    Edmunds Moderator

  • mlevinemlevine Posts: 397
    I did lump sum in the past. Did pull ahead and had remaining payments sent back to me. I still think money factor is high as one is adding about $95 to $120 to depreciation portion a month.
  • Could someone look this over? Lease in Iowa. Rolling some negative equity from a different lease into this one (don't ask!).

    2017 GLC300 4matic

    MSRP 50875
    Selling price 49000
    negative equity rolled in 2728.91
    Tax 1600
    Fees 915 (doc, registration, title)
    Cap reduction 2000.00

    I was quoted 789. Does that look right? Thanks in advance!
  • poodoc82 said:

    Could someone look this over? Lease in Iowa. Rolling some negative equity from a different lease into this one (don't ask!).

    2017 GLC300 4matic

    MSRP 50875
    Selling price 49000
    negative equity rolled in 2728.91
    Tax 1600
    Fees 915 (doc, registration, title)
    Cap reduction 2000.00

    I was quoted 789. Does that look right? Thanks in advance!

    What's the lease term? How many miles / month?
  • 36/12. Thanks
  • MichaellMichaell ColoradoPosts: 116,804
    poodoc82 said:

    Could someone look this over? Lease in Iowa. Rolling some negative equity from a different lease into this one (don't ask!).

    2017 GLC300 4matic

    MSRP 50875
    Selling price 49000
    negative equity rolled in 2728.91
    Tax 1600
    Fees 915 (doc, registration, title)
    Cap reduction 2000.00

    I was quoted 789. Does that look right? Thanks in advance!

    poodoc82 said:

    36/12. Thanks

    What is the adjusted cap cost?

    .00130 and 58%

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • poodoc82poodoc82 Posts: 6
    edited August 2016
    Looks like 54243.91.

    Here are the numbers i received:

    vehicle price 50875
    selling price 49000
    tax 1600
    fees 915
    trade in value 17000
    trade payoff 19728.91
    Out the door price 54243.91
    Putting 2000 to cover tax/fees - 52243.91

    I was originally quoted 0.0017 MF but got that down to 0.0015 (from the above post I thought that was the going rate).

    Thanks
  • MichaellMichaell ColoradoPosts: 116,804
    poodoc82 said:

    Looks like 54243.91.

    Here are the numbers i received:

    vehicle price 50875
    selling price 49000
    tax 1600
    fees 915
    trade in value 17000
    trade payoff 19728.91
    Out the door price 54243.91
    Putting 2000 to cover tax/fees - 52243.91

    I was originally quoted 0.0017 MF but got that down to 0.0015 (from the above post I thought that was the going rate).

    Thanks

    Using the .00150 MF, I get $754/mo. Using the base MF of .00130, I save $16/mo.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • johara4444johara4444 Posts: 16
    edited August 2016
    Hi, may I have the MF on a 2017 GLC300 4-Matic, 36/15?

    I was given an offer at a Massachusetts dealership yesterday of MSRP 50,075, sale price 45,975, and MF of 0.00180. How does this sound? MF seems high to me but the salesman was adamant that this was set by MB Corp.
  • MichaellMichaell ColoradoPosts: 116,804

    Hi, may I have the MF on a 2017 GLC300 4-Matic, 36/15?

    I was given an offer at a Massachusetts dealership yesterday of MSRP 50,075, sale price 45,975, and MF of 0.00180. How does this sound? MF seems high to me but the salesman was adamant that this was set by MB Corp.

    Base MF is .00150, so it's been marked up by the dealer.

    36/15 residual is 57%

    With your prices, I get $618/mo with the .00180 MF and $596/mo with the .00150 MF. Both before tax.

    Be polite and tell them you won't sign any 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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Michaell said:

    Hi, may I have the MF on a 2017 GLC300 4-Matic, 36/15?

    I was given an offer at a Massachusetts dealership yesterday of MSRP 50,075, sale price 45,975, and MF of 0.00180. How does this sound? MF seems high to me but the salesman was adamant that this was set by MB Corp.

    Base MF is .00150, so it's been marked up by the dealer.

    36/15 residual is 57%

    With your prices, I get $618/mo with the .00180 MF and $596/mo with the .00150 MF. Both before tax.

    Be polite and tell them you won't sign any deal with an inflated MF.
  • Thanks for responding Michael,

    At this point I likely won't be working with this salesman as he seems to be lying about the MF. Moreover the price per month was $657 which I think was because the tax, title, documentation fees were rolled into the total sale price. This may be because I told him I didn't want to put anything down.

    MSRP 50,075
    SALE PRICE 45,975
    TAX 2,895.56
    Tag/title 167.50
    Documentation 354

    Balance forward 49,392.06

    36 month, no down 657.01

    Please let me know what you think and educate me on what I am missing

    Thank you
  • MichaellMichaell ColoradoPosts: 116,804

    Thanks for responding Michael,

    At this point I likely won't be working with this salesman as he seems to be lying about the MF. Moreover the price per month was $657 which I think was because the tax, title, documentation fees were rolled into the total sale price. This may be because I told him I didn't want to put anything down.

    MSRP 50,075
    SALE PRICE 45,975
    TAX 2,895.56
    Tag/title 167.50
    Documentation 354

    Balance forward 49,392.06

    36 month, no down 657.01

    Please let me know what you think and educate me on what I am missing

    Thank you

    Using $49,392 as the new cap cost, I get $696/mo with the .00150 MF, or $719/mo with the .00180 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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Michaell said:

    Thanks for responding Michael,

    At this point I likely won't be working with this salesman as he seems to be lying about the MF. Moreover the price per month was $657 which I think was because the tax, title, documentation fees were rolled into the total sale price. This may be because I told him I didn't want to put anything down.

    MSRP 50,075
    SALE PRICE 45,975
    TAX 2,895.56
    Tag/title 167.50
    Documentation 354

    Balance forward 49,392.06

    36 month, no down 657.01

    Please let me know what you think and educate me on what I am missing

    Thank you

    Using $49,392 as the new cap cost, I get $696/mo with the .00150 MF, or $719/mo with the .00180 MF
  • Do you have any thoughts as to why there is such a difference in monthly payment?
  • MichaellMichaell ColoradoPosts: 116,804

    Do you have any thoughts as to why there is such a difference in monthly payment?

    I don't .. the math is pretty straightforward, and the only variables used are the adjusted cap cost and the MF.

    Is the dealer asking for any up front money when you sign the papers?

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Michaell said:

    Do you have any thoughts as to why there is such a difference in monthly payment?

    I don't .. the math is pretty straightforward, and the only variables used are the adjusted cap cost and the MF.

    Is the dealer asking for any up front money when you sign the papers?
    Our conversation ended before before discussing further terms and we didn't discuss how much would be needed up front.

    This is my first car purchase and I'm trying to learn all I can about pricing and leasing but this stuff can be overwhelming at times. Thank you for your help.

    But in terms of MF, that number is true for Massachusetts, 2017 GLC300, 36/15? As in I should realistically expect a MB dealer to give me a .0015 MF?
  • MichaellMichaell ColoradoPosts: 116,804

    Michaell said:

    Do you have any thoughts as to why there is such a difference in monthly payment?

    I don't .. the math is pretty straightforward, and the only variables used are the adjusted cap cost and the MF.

    Is the dealer asking for any up front money when you sign the papers?
    Our conversation ended before before discussing further terms and we didn't discuss how much would be needed up front.

    This is my first car purchase and I'm trying to learn all I can about pricing and leasing but this stuff can be overwhelming at times. Thank you for your help.

    But in terms of MF, that number is true for Massachusetts, 2017 GLC300, 36/15? As in I should realistically expect a MB dealer to give me a .0015 MF?
    The MB numbers are national.

    I'm sure there is one dealer in your neck of the woods who will work with you and give you the base MF. Might have to travel to get it, however.

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Michaell said:

    Michaell said:

    Do you have any thoughts as to why there is such a difference in monthly payment?

    I don't .. the math is pretty straightforward, and the only variables used are the adjusted cap cost and the MF.

    Is the dealer asking for any up front money when you sign the papers?
    Our conversation ended before before discussing further terms and we didn't discuss how much would be needed up front.

    This is my first car purchase and I'm trying to learn all I can about pricing and leasing but this stuff can be overwhelming at times. Thank you for your help.

    But in terms of MF, that number is true for Massachusetts, 2017 GLC300, 36/15? As in I should realistically expect a MB dealer to give me a .0015 MF?
    The MB numbers are national.

    I'm sure there is one dealer in your neck of the woods who will work with you and give you the base MF. Might have to travel to get it, however.
    I'm using a fleet discount which is supposedly $500 below invoice. Assuming that's right do you think this would make a dealership less inclined to do the base MF?
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