2017 Mercedes Benz GLC-Class Lease Questions

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  • MichaellMichaell Moderator Posts: 254,408
    drumwc02 said:

    Hi guys,
    What are the May numbers for GLC 300 RWD 36 months 10k miles in Texas?
    Thank you!

    .00134 and 58%

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  • MichaellMichaell Moderator Posts: 254,408
    txbelle1 said:

    Thx for your replies and assistance as always.

    Given MF .00134, $795 Acq fee sales price of $44,725 with 6.25% Tx sales tax.
    What would my 36 month/7,500 mile lease payment calculate to?

    What is the MSRP?

    Are you paying the taxes and fees up front, or are you adding them to the sales price?

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  • tt Member Posts: 7
    Hi Michaell,

    What would the monthly payment be on the following:

    New GLC Coupe AWD 36/10,000/7,500. MSRP $57,200. Discounted price $53,700, Acquisition fee $795, tax in my state of TN 7%. I'm told the MF is reduced to .000011 with MSD X 10 of $7,500. Drive off $7,500 MSD plus 1st month and TTL.

    Thanks for your help,
  • txbelle1txbelle1 Member Posts: 66
    Thx! Taxes rolled in to payment. I'll pay dealer/dmv fees etc with 1st payment. MSRP is $45,725
  • txbelle1txbelle1 Member Posts: 66
    does this look right?
  • MichaellMichaell Moderator Posts: 254,408
    t said:

    Hi Michaell,

    What would the monthly payment be on the following:

    New GLC Coupe AWD 36/10,000/7,500. MSRP $57,200. Discounted price $53,700, Acquisition fee $795, tax in my state of TN 7%. I'm told the MF is reduced to .000011 with MSD X 10 of $7,500. Drive off $7,500 MSD plus 1st month and TTL.

    Thanks for your help,

    .00081 and 56% / 57%

    If I add the acquisition fee to the discounted price, and use the reduced MF, I get a payment of $678 / $661 with tax included.

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  • MichaellMichaell Moderator Posts: 254,408
    txbelle1 said:

    does this look right?

    That's a purchase option; missing the acquisition fee for a lease.

    And, no discount from sticker? Unless that's not the MSRP?

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  • txbelle1txbelle1 Member Posts: 66
    ok, they took $1k off MSRP. We've discussed the Acq fee. thx
  • txbelle1txbelle1 Member Posts: 66
    Does attached look ok? As a repeat MB customer shouldn't I get better than $1,000 off MSRP? They offer 1000 off to anyone who visits Edmunds or website? Or no?? Thx :)
    GLC.JPG 101.5K
  • MichaellMichaell Moderator Posts: 254,408
    txbelle1 said:

    Does attached look ok? As a repeat MB customer shouldn't I get better than $1,000 off MSRP? They offer 1000 off to anyone who visits Edmunds or website? Or no?? Thx :)

    As previously noted, the GLC is a popular model. $1000 off sticker may be the best you can do.

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  • txbelle1txbelle1 Member Posts: 66
    thx u sir! :)
  • shredderishredderi Member Posts: 5
    Hi, I was looking at this car in January, but we decided to order it. For the awd model with 10k mi/year, is the MF still .00148? And has RV gone down to 57% from 59%?
  • kyfdxkyfdx Moderator Posts: 256,228
    shredderi said:

    Hi, I was looking at this car in January, but we decided to order it. For the awd model with 10k mi/year, is the MF still .00148? And has RV gone down to 57% from 59%?

    GLC 300 AWD
    36/10: .00130 MF and 58% residual

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  • 1st_time_lease1st_time_lease Member Posts: 11
    Hi,

    As always, thanks for your assistance. I am in the Bay Area in CA and have put a hold on a GLC 300. I haven't started to negotiate yet, but the invoice is for $55,235 ($54310+$925 Destination and Delivery). The car will arrive in ~45 days.

    What are you seeing with regards to pricing in the Bay Area? What would the MF and residual be for 15K miles a year, 3 years? Payment?
  • MichaellMichaell Moderator Posts: 254,408

    Hi,

    As always, thanks for your assistance. I am in the Bay Area in CA and have put a hold on a GLC 300. I haven't started to negotiate yet, but the invoice is for $55,235 ($54310+$925 Destination and Delivery). The car will arrive in ~45 days.

    What are you seeing with regards to pricing in the Bay Area? What would the MF and residual be for 15K miles a year, 3 years? Payment?

    RWD or AWD?

    We'd need to know the MSRP and the adjusted cap cost in order to calculate the payment

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  • 1st_time_lease1st_time_lease Member Posts: 11

    @Michaell said:
    Michaell said:

    Hi,

    As always, thanks for your assistance. I am in the Bay Area in CA and have put a hold on a GLC 300. I haven't started to negotiate yet, but the invoice is for $55,235 ($54310+$925 Destination and Delivery). The car will arrive in ~45 days.

    What are you seeing with regards to pricing in the Bay Area? What would the MF and residual be for 15K miles a year, 3 years? Payment?

    RWD or AWD?

    We'd need to know the MSRP and the adjusted cap cost in order to calculate the payment

    Thanks for the reply. Sorry for not providing enough data, it's a 4Matic, which I believe is all wheel drive. I'm not sure what MSRP will be, but I have the invoice-- in CA, do they tend to be the same. I haven't worked on the ACC yet as I'm still researching. Let's assume $1000 down. What is the current money factor for 36/15 and current residual %?

  • MichaellMichaell Moderator Posts: 254,408


    @Michaell said:

    Michaell said:

    Hi,

    As always, thanks for your assistance. I am in the Bay Area in CA and have put a hold on a GLC 300. I haven't started to negotiate yet, but the invoice is for $55,235 ($54310+$925 Destination and Delivery). The car will arrive in ~45 days.

    What are you seeing with regards to pricing in the Bay Area? What would the MF and residual be for 15K miles a year, 3 years? Payment?

    RWD or AWD?

    We'd need to know the MSRP and the adjusted cap cost in order to calculate the payment

    Thanks for the reply. Sorry for not providing enough data, it's a 4Matic, which I believe is all wheel drive. I'm not sure what MSRP will be, but I have the invoice-- in CA, do they tend to be the same. I haven't worked on the ACC yet as I'm still researching. Let's assume $1000 down. What is the current money factor for 36/15 and current residual %?

    .00130 and 55% for 36/15 on GLC300 4Matic

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  • 1st_time_lease1st_time_lease Member Posts: 11
    Thank you
  • needacarneedacar Member Posts: 6
    Hi, I'm looking to lease a GLC300 4 matic in CT. Current deal on table is 46,865. (1,000 off MSRP) Vin etch fee $199, Conveyance fee $399, Tax $209.50, Non tax fee $131.94. 36 months 10K miles. MF .00170 with .58 residual. I thought the $795 acquisition fee was the only necessary one are the others above legit? Does the money factor sound right? Thanks.
  • MichaellMichaell Moderator Posts: 254,408
    needacar said:

    Hi, I'm looking to lease a GLC300 4 matic in CT. Current deal on table is 46,865. (1,000 off MSRP) Vin etch fee $199, Conveyance fee $399, Tax $209.50, Non tax fee $131.94. 36 months 10K miles. MF .00170 with .58 residual. I thought the $795 acquisition fee was the only necessary one are the others above legit? Does the money factor sound right? Thanks.

    .00130 and 58% for 36/10; MF is marked up for extra profit.

    Conveyance fee is a fancy CT term for dealer fee; try to negotiate a lower selling price to compensate.

    Vin etch is junk.

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  • needacarneedacar Member Posts: 6
    Thank you, I thought the MF sounded high. We opted out of doing the vin etch on a new truck we purchased last year so will do the same.
  • tt Member Posts: 7
    Thanks for your help. I ordered the car for MY2018, delivery July, so I'll see what the MF and RV are then. The dealer agreed to honor the published rates t time of delivery.

    Michaell said:

    t said:

    Hi Michaell,

    What would the monthly payment be on the following:

    New GLC Coupe AWD 36/10,000/7,500. MSRP $57,200. Discounted price $53,700, Acquisition fee $795, tax in my state of TN 7%. I'm told the MF is reduced to .000011 with MSD X 10 of $7,500. Drive off $7,500 MSD plus 1st month and TTL.

    Thanks for your help,

    .00081 and 56% / 57%

    If I add the acquisition fee to the discounted price, and use the reduced MF, I get a payment of $678 / $661 with tax included.
  • shredderishredderi Member Posts: 5
    My eyes rolled when the dealer showed an acquisition fee of $1095. I asked what that was for and the finance person said various things like gap insurance. Fortunatley, I had already negotiated a "Costco price" up front. Also funny is that if I didn't delve, he would have just quoted the monthly payment, and left it at that. Many thanks to this little-known forum for the education. After this experience, I'm only buying Teslas :smile: . Much more straightforward.




  • MichaellMichaell Moderator Posts: 254,408
    shredderi said:

    My eyes rolled when the dealer showed an acquisition fee of $1095. I asked what that was for and the finance person said various things like gap insurance. Fortunatley, I had already negotiated a "Costco price" up front. Also funny is that if I didn't delve, he would have just quoted the monthly payment, and left it at that. Many thanks to this little-known forum for the education. After this experience, I'm only buying Teslas :smile: . Much more straightforward.

    Leasing is no more complicated than buying, once you unlock the knowledge.

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  • boaterproboaterpro Member Posts: 9
    Am I correct that the May numbers for a GLC 300 RWD 36mo/10k lease in SoCal is 0.00134 MF and 58% RV? Thank you.
  • MichaellMichaell Moderator Posts: 254,408
    boaterpro said:

    Am I correct that the May numbers for a GLC 300 RWD 36mo/10k lease in SoCal is 0.00134 MF and 58% RV? Thank you.

    I confirm those numbers for May

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  • doobeedoobee Member Posts: 44
    What is the RV and MF for 2017 GLC300 2WD for 36/10k? Any incentives?
  • MichaellMichaell Moderator Posts: 254,408
    doobee said:

    What is the RV and MF for 2017 GLC300 2WD for 36/10k? Any incentives?

    .00134 MF and 58%

    No incentive information for MB

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  • my311981my311981 Member Posts: 12
    Hi there, What's the lease payment on a GLC coupe MrSP 57,105.00? 10k, 12k thanks.  
  • my311981my311981 Member Posts: 12
    For 36 months 
  • boaterproboaterpro Member Posts: 9
    edited May 2017
    What's the selling price? MSRP is just one piece of the puzzle. Need all the pieces to calculate payment
  • my311981my311981 Member Posts: 12
    This is the selling price is the MRSP no discount or incentive 
  • MichaellMichaell Moderator Posts: 254,408
    my311981 said:

    Hi there, What's the lease payment on a GLC coupe MrSP 57,105.00? 10k, 12k thanks.  

    my311981 said:

    For 36 months

    This is the selling price is the MRSP no discount or incentive   

    Wow, no discount from sticker? Probably not a dealer you want to work with.

    That said, the numbers are .00081 and 56% / 55%

    With the supplied MSRP, I get $770/mo for 36/10 and $786/mo for 36/12 - both of these are before tax.

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  • my311981my311981 Member Posts: 12
    I got a quote of 807 a month Tax included for 10k/36m How much discount i should ask for? 
  • boaterproboaterpro Member Posts: 9
    You can check truecar.com to see what others in your area paid. I was able to negotiate 11% off sticker for the regular one here in LA which is saturated with dealerships and they're all competing against one another. I know the coupe will command a premium im sure but usually you can get at least 3-5% even on the popular models. Just depends on the dealership competition in your area and how many are readily available in your area. 
  • MichaellMichaell Moderator Posts: 254,408
    boaterpro said:

    You can check truecar.com to see what others in your area paid. I was able to negotiate 11% off sticker for the regular one here in LA which is saturated with dealerships and they're all competing against one another. I know the coupe will command a premium im sure but usually you can get at least 3-5% even on the popular models. Just depends on the dealership competition in your area and how many are readily available in your area. 

    We don't track pricing ourselves, but I can't argue with the logic of the above post. Expand your search area to as far as you're willing to travel to get a good deal.

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  • mtbuonocoremtbuonocore Member Posts: 16
    What is money factor and residual on a GLC300 4MATIC SUV 36/15k. MSRP is 52,885 in New Jersey. I have a deal of MB Friends and Family discount, sale price is $46520. Maintenance and paint protection make total price $48,790. With tax, registration and doc fees car balance is $50,133.63. They are offering $656 per month, 36 months and 15k miles per year with $2,500 down. Is this a good deal?
  • boaterproboaterpro Member Posts: 9

    What is money factor and residual on a GLC300 4MATIC SUV 36/15k. MSRP is 52,885 in New Jersey. I have a deal of MB Friends and Family discount, sale price is $46520. Maintenance and paint protection make total price $48,790. With tax, registration and doc fees car balance is $50,133.63. They are offering $656 per month, 36 months and 15k miles per year with $2,500 down. Is this a good deal?

    I'm sure Michaell will chime in soon with the numbers but a sales price of $46,520 is pretty damn good. That's almost 12% off which is very hard to come by on the GLC because of their popularity and short supply. Did you negotiate the mainenance cost at all? I've heard of people getting some good discounts on that. I personally think the paint protection is a waste of money but that's just my opinion. Without knowing the full numbers I would say the $656 for a 36/15 lease is pretty good. The only thing I would recommend and I think Michaell will agree is I would put less down. If the car is stolen or totaled that money is gone. I usually only put enough down to cover fees and 1st month which some people don't even recommend doing, especially if the interest rate (MF) is very attractive. Just my 2 cents.
  • mtbuonocoremtbuonocore Member Posts: 16

    boaterpro said:

    What is money factor and residual on a GLC300 4MATIC SUV 36/15k. MSRP is 52,885 in New Jersey. I have a deal of MB Friends and Family discount, sale price is $46520. Maintenance and paint protection make total price $48,790. With tax, registration and doc fees car balance is $50,133.63. They are offering $656 per month, 36 months and 15k miles per year with $2,500 down. Is this a good deal?


    I'm sure Michaell will chime in soon with the numbers but a sales price of $46,520 is pretty damn good. That's almost 12% off which is very hard to come by on the GLC because of their popularity and short supply. Did you negotiate the mainenance cost at all? I've heard of people getting some good discounts on that. I personally think the paint protection is a waste of money but that's just my opinion. Without knowing the full numbers I would say the $656 for a 36/15 lease is pretty good. The only thing I would recommend and I think Michaell will agree is I would put less down. If the car is stolen or totaled that money is gone. I usually only put enough down to cover fees and 1st month which some people don't even recommend doing, especially if the interest rate (MF) is very attractive. Just my 2 cents.


    I am getting the MB corporate discount since a family friend is an executive. It gives you 12% off MSRP. Is the maintenance really worth it? I may not get it at all. The dealership marked it as $1775 which seems high as MBUSA has it around $1200. Paint protection I think is BS as well and will look to drop it. Running my own numbers if I drop the maintenance and paint protection I can get the car at $599-605 a month. 
  • kyfdxkyfdx Moderator Posts: 256,228

    What is money factor and residual on a GLC300 4MATIC SUV 36/15k. MSRP is 52,885 in New Jersey. I have a deal of MB Friends and Family discount, sale price is $46520. Maintenance and paint protection make total price $48,790. With tax, registration and doc fees car balance is $50,133.63. They are offering $656 per month, 36 months and 15k miles per year with $2,500 down. Is this a good deal?

    .00130 MF and 55% residual

    I get $688/mo. with $50,133 as the CAP cost. That would be with just first payment due at signing, assuming all other charges are in the $50,133.
    Leases have a $795 acquisition fee. Is that included in the $50,133?

    Maintenance I understand... but, why do you need paint protection on a lease? Those extras really drive up the monthly payment on a lease. (paint protection is pretty useless coverage, anyway.. but, that's another conversation).

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  • mtbuonocoremtbuonocore Member Posts: 16
    kyfdx said:

    What is money factor and residual on a GLC300 4MATIC SUV 36/15k. MSRP is 52,885 in New Jersey. I have a deal of MB Friends and Family discount, sale price is $46520. Maintenance and paint protection make total price $48,790. With tax, registration and doc fees car balance is $50,133.63. They are offering $656 per month, 36 months and 15k miles per year with $2,500 down. Is this a good deal?

    .00130 MF and 55% residual

    I get $688/mo. with $50,133 as the CAP cost. That would be with just first payment due at signing, assuming all other charges are in the $50,133.
    Leases have a $795 acquisition fee. Is that included in the $50,133?

    Maintenance I understand... but, why do you need paint protection on a lease? Those extras really drive up the monthly payment on a lease. (paint protection is pretty useless coverage, anyway.. but, that's another conversation).
    $495 acquisition fee with the MB friends and family corporate discount. $2,500 down payment to get me to $656. I am going Monday to finalize. I got .00120 MF with Autopay and 55% residual. I am dropping the maintenance at $1775 and the paint protection at $495. I am hoping that drops the price to roughly $599-615 range. Seems like my numbers line up and its a good deal. Please let me know your thoughts.
  • boaterproboaterpro Member Posts: 9


    What is money factor and residual on a GLC300 4MATIC SUV 36/15k. MSRP is 52,885 in New Jersey. I have a deal of MB Friends and Family discount, sale price is $46520. Maintenance and paint protection make total price $48,790. With tax, registration and doc fees car balance is $50,133.63. They are offering $656 per month, 36 months and 15k miles per year with $2,500 down. Is this a good deal?


    .00130 MF and 55% residual

    I get $688/mo. with $50,133 as the CAP cost. That would be with just first payment due at signing, assuming all other charges are in the $50,133.
    Leases have a $795 acquisition fee. Is that included in the $50,133?

    Maintenance I understand... but, why do you need paint protection on a lease? Those extras really drive up the monthly payment on a lease. (paint protection is pretty useless coverage, anyway.. but, that's another conversation).


    $495 acquisition fee with the MB friends and family corporate discount. $2,500 down payment to get me to $656. I am going Monday to finalize. I got .00120 MF with Autopay and 55% residual. I am dropping the maintenance at $1775 and the paint protection at $495. I am hoping that drops the price to roughly $599-615 range. Seems like my numbers line up and its a good deal. Please let me know your thoughts.


    That's a great deal!! I would take that in a heartbeat. 
  • kevinfromctkevinfromct Member Posts: 7
    Seeking advice on whether this is a decent deal for single payment lease on new GLC:

    2017 GLC
    MSRP: $47,345
    Negotiated Price: $44,800
    3 Year/36k miles
    Residual: 57%
    Acquisition fee: $995
    Single Payment: $22,814 (includes all fees, taxes, title, and tags)

    Thanks in advance for any assistance.
  • kyfdxkyfdx Moderator Posts: 256,228

    kyfdx said:

    What is money factor and residual on a GLC300 4MATIC SUV 36/15k. MSRP is 52,885 in New Jersey. I have a deal of MB Friends and Family discount, sale price is $46520. Maintenance and paint protection make total price $48,790. With tax, registration and doc fees car balance is $50,133.63. They are offering $656 per month, 36 months and 15k miles per year with $2,500 down. Is this a good deal?

    .00130 MF and 55% residual

    I get $688/mo. with $50,133 as the CAP cost. That would be with just first payment due at signing, assuming all other charges are in the $50,133.
    Leases have a $795 acquisition fee. Is that included in the $50,133?

    Maintenance I understand... but, why do you need paint protection on a lease? Those extras really drive up the monthly payment on a lease. (paint protection is pretty useless coverage, anyway.. but, that's another conversation).
    $495 acquisition fee with the MB friends and family corporate discount. $2,500 down payment to get me to $656. I am going Monday to finalize. I got .00120 MF with Autopay and 55% residual. I am dropping the maintenance at $1775 and the paint protection at $495. I am hoping that drops the price to roughly $599-615 range. Seems like my numbers line up and its a good deal. Please let me know your thoughts.
    Yeah.. that looks a lot better.

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  • kyfdxkyfdx Moderator Posts: 256,228

    Seeking advice on whether this is a decent deal for single payment lease on new GLC:

    2017 GLC
    MSRP: $47,345
    Negotiated Price: $44,800
    3 Year/36k miles
    Residual: 57%
    Acquisition fee: $995
    Single Payment: $22,814 (includes all fees, taxes, title, and tags)

    Thanks in advance for any assistance.

    Any idea what the money factor is on the single-pay lease?

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  • boaterproboaterpro Member Posts: 9


    Seeking advice on whether this is a decent deal for single payment lease on new GLC:

    2017 GLC
    MSRP: $47,345
    Negotiated Price: $44,800
    3 Year/36k miles
    Residual: 57%
    Acquisition fee: $995
    Single Payment: $22,814 (includes all fees, taxes, title, and tags)

    Thanks in advance for any assistance.


    The price is just ok in my opinion. That's about 5% off but I think you can get closer to 8-10% unless you live in an area with few Mercedes dealers and limited supply of GLCs. Always a good idea to check truecar.com for what people in your area are paying.  The acquisition fee is $200 to high. Should only be $795. I don't think the MF info for single pay leases is readily avaible information like it is for regular leases, so even if you got the info from your dealer you wouldn't know if it was inflated or not. 
  • vmichaelvmichael Member Posts: 22
    edited May 2017
    Hello,

    Can I please get the MF and residual (36 month, 7500 and 10k miles, California) for a 2017 GLC 4matic? Are there any specials/incentives or lease cash at the moment? Thank you.
  • kyfdxkyfdx Moderator Posts: 256,228
    vmichael said:

    Hello,

    Can I please get the MF and residual (36 month, 7500 and 10k miles, California) for a 2017 GLC 4matic? Are there any specials/incentives or lease cash at the moment? Thank you.

    .00130 MF and 59%/58% residual

    No incentive information, but the GLC is pretty popular. Doubt they need incentives to move those units.

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  • jag_f_pacejag_f_pace Member Posts: 7
    Get a quote of $800 (inclusive of tax) in Washington state for a GLC 4Matic with MSRP of $51,000 for 36months, 10k miles and 4000 down. Can you please let me know if it the lease number is okay. I understand 4000 down is high.
  • boaterproboaterpro Member Posts: 9


    Get a quote of $800 (inclusive of tax) in Washington state for a GLC 4Matic with MSRP of $51,000 for 36months, 10k miles and 4000 down. Can you please let me know if it the lease number is okay. I understand 4000 down is high.


    I hate to be so frank but that is one of the worst deals I've ever seen posted on here. $4000 down is way too much for starters. With leasing you want to put down as little as possible for the reason if the car is totaled or stolen you will never see any of that money again. So the MSRP is $51,000 but what's the negotiated selling price? If they are trying to get you to pay full sticker than you should run away from that dealer as fast as possible. Go to truecar.com to see what others in your area are paying. I would also expand your search to other dealers if possible. I'm not sure what the most up to date MF and RV for the vehicle is, I'm sure one of the moderators will chime in soon with that info. In the meantime you can tell whoever gave you that deal to take a hike.  
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