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.
.00130 and 58%
With the $51,000 MSRP and assuming 9.8% sales tax, the cap cost would have to be $52,000 to get $800/mo with tax included. That's after the $4000 down.
That, or the dealer is marking up the MF for extra profit.
Not a good deal.
Ask the dealer for the adjusted cap cost, and a full breakdown of the $4000.
'17 glc 300 4matic suv 36mo/30k miles MSRP: 50,970 Negotiated price: 46,869 MF: 0.00160 after autopay 3k down 0% sales tax Assumed $1275 in fees Dealer says it should be about ~$615/mo
Seems kind of high. Do these numbers seem correct? I've used a couple online calculators as well as my own from this website and I get more like $550/mo. Also, they said they don't let us do security deposits..is this normal?
Any idea where this extra cost is coming from? Can I confirm the RV (I assumed 58%)?
'17 glc 300 4matic suv 36mo/30k miles MSRP: 50,970 Negotiated price: 46,869 MF: 0.00160 after autopay 3k down 0% sales tax Assumed $1275 in fees Dealer says it should be about ~$615/mo
Seems kind of high. Do these numbers seem correct? I've used a couple online calculators as well as my own from this website and I get more like $550/mo. Also, they said they don't let us do security deposits..is this normal?
Any idea where this extra cost is coming from? Can I confirm the RV (I assumed 58%)?
.00130 MF (.00120 after autopay) and 58% residual
Ask for the adjusted CAP cost. That should clear up any discrepancy. Acquisition fee is probably marked up from the $795 base, as well.
1) What is Money Factor and Residual Value on 2017 GLC 300 2WD in HTown, Texas?
MSRP $44,375 Negotiated: $41,000 Tax: 2,648.68 Various other items (doc fee, title, license, e-tag, etc) Total: $43,990
0 down / 10k miles / 36 months
2) What is expected monthly payment?
PS: my initial quote is $750 per month.
.00134 MF and 58% residual At that total price, I get $600/mo. Don't see the acquisition fee, though. That's $795 (possibly marked up to $1095). That's not enough to raise the price by $150/mo. though. I suspect a massive markup in the money factor, as well. Adding $1095 only takes you up to $633/mo.
1) What is Money Factor and Residual Value on 2017 GLC 300 2WD in HTown, Texas?
MSRP $44,375 Negotiated: $41,000 Tax: 2,648.68 Various other items (doc fee, title, license, e-tag, etc) Total: $43,990
0 down / 10k miles / 36 months
2) What is expected monthly payment?
PS: my initial quote is $750 per month.
--------------------------------------------------------------------- .00134 MF and 58% residual At that total price, I get $600/mo. Don't see the acquisition fee, though. That's $795 (possibly marked up to $1095). That's not enough to raise the price by $150/mo. though. I suspect a massive markup in the money factor, as well. Adding $1095 only takes you up to $633/mo. ---------------------------------------------------------------------
Thanks for that information!!!
1) Does MBUSA allow Texas Dealerships to offer Money Factor Reduction using MS Deposits? 2) How many are allowed? 5, 7, or 10?
1) What is Money Factor and Residual Value on 2017 GLC 300 2WD in HTown, Texas?
MSRP $44,375 Negotiated: $41,000 Tax: 2,648.68 Various other items (doc fee, title, license, e-tag, etc) Total: $43,990
0 down / 10k miles / 36 months
2) What is expected monthly payment?
PS: my initial quote is $750 per month.
--------------------------------------------------------------------- .00134 MF and 58% residual At that total price, I get $600/mo. Don't see the acquisition fee, though. That's $795 (possibly marked up to $1095). That's not enough to raise the price by $150/mo. though. I suspect a massive markup in the money factor, as well. Adding $1095 only takes you up to $633/mo. ---------------------------------------------------------------------
Thanks for that information!!!
1) Does MBUSA allow Texas Dealerships to offer Money Factor Reduction using MS Deposits? 2) How many are allowed? 5, 7, or 10?
Hello. Thanks in advance for the help, I have a sneaky suspicion this deal is not good...
Quote is for 2017 Glc Coupe:
Retail price: $54,265 Discounted to $52,000 selling price Fees: $602 Sales Tax: $3681.93 Net Sales Price: $56, 283.93
36/7.5k miles: $0 down/$891, $1k/$861, and $5k/$741 36/10k: $0/906, $1k/$876, and $5k/$756
They quoted a MF of 0.00146, when I told them 0.00081 was the rate, they said that a 1/2 percentage point mark-up is standard.
I can't figure out where all the extra money is going? Does this sound right? Taxes would be up front in GA and this is with it rolled into the payment. Any advice for negotiating? Not many 2017s left on the lots out here.
Hello. Thanks in advance for the help, I have a sneaky suspicion this deal is not good...
Quote is for 2017 Glc Coupe:
Retail price: $54,265 Discounted to $52,000 selling price Fees: $602 Sales Tax: $3681.93 Net Sales Price: $56, 283.93
36/7.5k miles: $0 down/$891, $1k/$861, and $5k/$741 36/10k: $0/906, $1k/$876, and $5k/$756
They quoted a MF of 0.00146, when I told them 0.00081 was the rate, they said that a 1/2 percentage point mark-up is standard.
I can't figure out where all the extra money is going? Does this sound right? Taxes would be up front in GA and this is with it rolled into the payment. Any advice for negotiating? Not many 2017s left on the lots out here.
The net sales price doesn't include the acquisition fee. It's $795, but probably marked up to $1095. Also, as you can see, GA taxes the full selling price, even on a lease. Also, .00040 is equivalent to 1/2%, yet they've marked up the money factor by .00065.
It's possible there are other fees and charges not included, as well. $60/mo extra for that money factor bump. Even a good deal is going to be $800+/mo. for 36/10 with $0 down.
Hello. Thanks in advance for the help, I have a sneaky suspicion this deal is not good...
Quote is for 2017 Glc Coupe:
Retail price: $54,265 Discounted to $52,000 selling price Fees: $602 Sales Tax: $3681.93 Net Sales Price: $56, 283.93
36/7.5k miles: $0 down/$891, $1k/$861, and $5k/$741 36/10k: $0/906, $1k/$876, and $5k/$756
They quoted a MF of 0.00146, when I told them 0.00081 was the rate, they said that a 1/2 percentage point mark-up is standard.
I can't figure out where all the extra money is going? Does this sound right? Taxes would be up front in GA and this is with it rolled into the payment. Any advice for negotiating? Not many 2017s left on the lots out here.
The net sales price doesn't include the acquisition fee. It's $795, but probably marked up to $1095. Also, as you can see, GA taxes the full selling price, even on a lease. Also, .00040 is equivalent to 1/2%, yet they've marked up the money factor by .00065.
It's possible there are other fees and charges not included, as well. $60/mo extra for that money factor bump. Even a good deal is going to be $800+/mo. for 36/10 with $0 down.
Thanks for the quick response, I admit, I might be trying to get over I'll try and be more realistic. But, should I accept anything over base MF? What's reasonable? And with the new model's coming out, is there a certain percentage of MSRP I should be aiming for?
Hello. Thanks in advance for the help, I have a sneaky suspicion this deal is not good...
Quote is for 2017 Glc Coupe:
Retail price: $54,265 Discounted to $52,000 selling price Fees: $602 Sales Tax: $3681.93 Net Sales Price: $56, 283.93
36/7.5k miles: $0 down/$891, $1k/$861, and $5k/$741 36/10k: $0/906, $1k/$876, and $5k/$756
They quoted a MF of 0.00146, when I told them 0.00081 was the rate, they said that a 1/2 percentage point mark-up is standard.
I can't figure out where all the extra money is going? Does this sound right? Taxes would be up front in GA and this is with it rolled into the payment. Any advice for negotiating? Not many 2017s left on the lots out here.
The net sales price doesn't include the acquisition fee. It's $795, but probably marked up to $1095. Also, as you can see, GA taxes the full selling price, even on a lease. Also, .00040 is equivalent to 1/2%, yet they've marked up the money factor by .00065.
It's possible there are other fees and charges not included, as well. $60/mo extra for that money factor bump. Even a good deal is going to be $800+/mo. for 36/10 with $0 down.
Thanks for the quick response, I admit, I might be trying to get over I'll try and be more realistic. But, should I accept anything over base MF? What's reasonable? And with the new model's coming out, is there a certain percentage of MSRP I should be aiming for?
We always suggest you get the base MF - politely tell them you won't sign a deal where the MF is inflated. Then, start shopping other dealers; it only takes one to meet your numbers.
Hello I'm a brand new user and from reading through the forum I've learned a few things and have a deal presented to me and need to know if it's a good deal.
2017 GLC300 4 year lease MSRP 53325 RV .47 MF .00081 Cash down of $1500 + dealer Processing + first months payment Walkout of $2531 Residual 25,062 Payment with taxes $632 DC taxes are 10% of the payment.
Hello I'm a brand new user and from reading through the forum I've learned a few things and have a deal presented to me and need to know if it's a good deal.
2017 GLC300 4 year lease MSRP 53325 RV .47 MF .00081 Cash down of $1500 + dealer Processing + first months payment Walkout of $2531 Residual 25,062 Payment with taxes $632 DC taxes are 10% of the payment.
If any other info is needed please let me know.
What is the selling price?
What does the $2531 cover?
We suggest you limit your up front cash to just the first payment and DMV costs.
The selling price is $49,660.65 the $2531 covers the $1500 down payment, the first months payment, and the processing fees.
Not all of it ... $1500 + $795 (acquisition fee) + $632 (1st payment) = $2927.
Therefore, I would ask the dealer for the adjusted (or net) cap cost.
And, we do not recommend putting money down on a lease - that money would be lost if the car is stolen or totaled.
The processing fee is only $399. So you would suggest making the first months payment and paying all taxes and fees upfront?
The $399 is a dealer added fee; the acquisition fee is imposed by the bank and cannot be waived. And, the dealer can mark that fee up to as much as $1095.
I would suggest paying only the first payment and DMV costs up front, and adding all other taxes and fees into the lease payment.
1) What is Money Factor and Residual Value on 2017 GLC 300 2WD in HTown, Texas?
MSRP $44,375 Negotiated: $41,000 Tax: 2,648.68 Various other items (doc fee, title, license, e-tag, etc) Total: $43,990
0 down / 10k miles / 36 months
2) What is expected monthly payment?
PS: my initial quote is $750 per month.
--------------------------------------------------------------------- .00134 MF and 58% residual At that total price, I get $600/mo. Don't see the acquisition fee, though. That's $795 (possibly marked up to $1095). That's not enough to raise the price by $150/mo. though. I suspect a massive markup in the money factor, as well. Adding $1095 only takes you up to $633/mo. ---------------------------------------------------------------------
Also, they claimed they don't know what an MSD is...and that they don't do it. ---------------------------------------------------------------------
Instead of the base MF of .00134, I was being charged .00234 MF.
When I asked for the MF, the General Manager of dealership here in Houston said, "I charge my customer 150 basis points on the Money Factor, I am only charging you 100 basis points."
He also wanted to charge $1095 to make a profit of $300 on the acquisition fee.
Third, he claimed he "needs to make a profit to keep the lights on." and I was given a significant discount on the MSRP from $44,000 to $41,000.
Given that there are only three MB dealerships in Houston, what is your recommendation?
Should I ask them to order me the base model advertised on their website and wait?
1) What is Money Factor and Residual Value on 2017 GLC 300 2WD in HTown, Texas?
MSRP $44,375 Negotiated: $41,000 Tax: 2,648.68 Various other items (doc fee, title, license, e-tag, etc) Total: $43,990
0 down / 10k miles / 36 months
2) What is expected monthly payment?
PS: my initial quote is $750 per month.
--------------------------------------------------------------------- .00134 MF and 58% residual At that total price, I get $600/mo. Don't see the acquisition fee, though. That's $795 (possibly marked up to $1095). That's not enough to raise the price by $150/mo. though. I suspect a massive markup in the money factor, as well. Adding $1095 only takes you up to $633/mo. ---------------------------------------------------------------------
Also, they claimed they don't know what an MSD is...and that they don't do it. ---------------------------------------------------------------------
Instead of the base MF of .00134, I was being charged .00234 MF.
When I asked for the MF, the General Manager of dealership here in Houston said, "I charge my customer 150 basis points on the Money Factor, I am only charging you 100 basis points."
He also wanted to charge $1095 to make a profit of $300 on the acquisition fee.
Third, he claimed he "needs to make a profit to keep the lights on." and I was given a significant discount on the MSRP from $44,000 to $41,000.
Given that there are only three MB dealerships in Houston, what is your recommendation?
Should I ask them to order me the base model advertised on their website and wait?
Given that there are only three MB dealerships in Houston, what is your recommendation?
Can anyone let me know the MF and residual value for 2017 GLC 300 4Matic, 36 months/10K? And what is the cost of MSD? I was told it costs $650 for each MSD. Thanks.
Can anyone let me know the MF and residual value for 2017 GLC 300 4Matic, 36 months/10K? And what is the cost of MSD? I was told it costs $650 for each MSD. Thanks.
.00130 MF and 58% residual
Each MSD is the lease payment rounded up to the next $50 increment.
1) What is Money Factor and Residual Value on 2017 GLC 300 2WD in HTown, Texas?
MSRP $44,375 Negotiated: $41,000 Tax: 2,648.68 Various other items (doc fee, title, license, e-tag, etc) Total: $43,990
0 down / 10k miles / 36 months
2) What is expected monthly payment?
PS: my initial quote is $750 per month.
--------------------------------------------------------------------- .00134 MF and 58% residual At that total price, I get $600/mo. Don't see the acquisition fee, though. That's $795 (possibly marked up to $1095). That's not enough to raise the price by $150/mo. though. I suspect a massive markup in the money factor, as well. Adding $1095 only takes you up to $633/mo. ---------------------------------------------------------------------
Also, they claimed they don't know what an MSD is...and that they don't do it. ---------------------------------------------------------------------
Instead of the base MF of .00134, I was being charged .00234 MF.
When I asked for the MF, the General Manager of dealership here in Houston said, "I charge my customer 150 basis points on the Money Factor, I am only charging you 100 basis points."
He also wanted to charge $1095 to make a profit of $300 on the acquisition fee.
Third, he claimed he "needs to make a profit to keep the lights on." and I was given a significant discount on the MSRP from $44,000 to $41,000.
Given that there are only three MB dealerships in Houston, what is your recommendation?
Should I ask them to order me the base model advertised on their website and wait?
Base model with only heated seats and ash wood trim
MSRP $41,005
Cap Cost:$35,762
36 mo /15k yr
$2,913 Drive off which includes 2k security deposit
59% residual and .00079 MF
Payment including tax is $444.00
Southern CA
With those numbers, I get $365/mo plus tax.
I'd confirm both the MF and adjusted cap cost, as those are the only two variables in a lease payment calculation.
So I called and was told that the adjusted cap is 36,857 and that original MF is .0134 before 2k security deposit which decreased MF to .00093. The .00079 was if I put a 3k security deposit my mistake. How does this sound any good or is dealer marking anything up like MF?
Base model with only heated seats and ash wood trim
MSRP $41,005
Cap Cost:$35,762
36 mo /15k yr
$2,913 Drive off which includes 2k security deposit
59% residual and .00079 MF
Payment including tax is $444.00
Southern CA
With those numbers, I get $365/mo plus tax.
I'd confirm both the MF and adjusted cap cost, as those are the only two variables in a lease payment calculation.
So I called and was told that the adjusted cap is 36,857 and that original MF is .0134 before 2k security deposit which decreased MF to .00093. The .00079 was if I put a 3k security deposit my mistake. How does this sound any good or is dealer marking anything up like MF?
.00134 is the base MF for the GLC300 RWD, so that's good.
Now I'm at $409/mo plus tax, which looks closer to the dealer quote.
Hi could i please get the 36/7.5k lease numbers on the GLC300 (not 4 Matic), i am willing to do the autopay if it lowers the money factor. I am in Miami. Also, is there owner loyalty for July programs?
Hi could i please get the 36/7.5k lease numbers on the GLC300 (not 4 Matic), i am willing to do the autopay if it lowers the money factor. I am in Miami. Also, is there owner loyalty for July programs?
By the way, Miami Mercedes is discounting a 44k car $5500 to $38500
Been negotiating a 2017 GLC300 4Matic at my regular dealership. Not turning in my current leased car until this fall, so I have some time.
My dealership is quoting me crazy #s on this car. 36/10 at $750 per month with $1000 down. After some tooth pulling, they told me the MF is .00216(!) and residual is around $29k (selling price $47k). I'm not doing this deal, obviously, but I'm not sure what gives. I have 800+ credit, etc.
I had planned to put down some MSDs and do auto pay to reduce the MF further, but it seems pointless when we are starting with a jacked-up MF.
I'm moving on to another dealership to try to negotiate a little better, and I'm also wondering....
1. What is a reasonable MF for a 1-pay MB lease? 2. MB loaners - how much % off sticker price will they usually go? I have never negotiated a loaner.
Hi could i please get the 36/7.5k lease numbers on the GLC300 (not 4 Matic), i am willing to do the autopay if it lowers the money factor. I am in Miami. Also, is there owner loyalty for July programs?
.00134 MF and 59% residual Deduct .00010 for autopay No loyalty info.
Been negotiating a 2017 GLC300 4Matic at my regular dealership. Not turning in my current leased car until this fall, so I have some time.
My dealership is quoting me crazy #s on this car. 36/10 at $750 per month with $1000 down. After some tooth pulling, they told me the MF is .00216(!) and residual is around $29k (selling price $47k). I'm not doing this deal, obviously, but I'm not sure what gives. I have 800+ credit, etc.
I had planned to put down some MSDs and do auto pay to reduce the MF further, but it seems pointless when we are starting with a jacked-up MF.
I'm moving on to another dealership to try to negotiate a little better, and I'm also wondering....
1. What is a reasonable MF for a 1-pay MB lease? 2. MB loaners - how much % off sticker price will they usually go? I have never negotiated a loaner.
.00130 MF and 58% residual for 36/10 Don't have the one-pay money factor.
A loaner will have the residual reduced to account for the current mileage. It should be discounted further to account for that residual reduction, plus an additional amount more than a new unit would be. No idea how low you can go.
Comments
With the $51,000 MSRP and assuming 9.8% sales tax, the cap cost would have to be $52,000 to get $800/mo with tax included. That's after the $4000 down.
That, or the dealer is marking up the MF for extra profit.
Not a good deal.
Ask the dealer for the adjusted cap cost, and a full breakdown of the $4000.
Edmunds Price Checker
Edmunds Lease Calculator
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 / 2024 Kia Sportage Hybrid SX Prestige
RWD or AWD?
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Edmunds Price Checker
Edmunds Lease Calculator
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 / 2024 Kia Sportage Hybrid SX Prestige
36mo/30k miles
MSRP: 50,970
Negotiated price: 46,869
MF: 0.00160 after autopay
3k down
0% sales tax
Assumed $1275 in fees
Dealer says it should be about ~$615/mo
Seems kind of high. Do these numbers seem correct? I've used a couple online calculators as well as my own from this website and I get more like $550/mo. Also, they said they don't let us do security deposits..is this normal?
Any idea where this extra cost is coming from? Can I confirm the RV (I assumed 58%)?
Ask for the adjusted CAP cost. That should clear up any discrepancy. Acquisition fee is probably marked up from the $795 base, as well.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
1) What is Money Factor and Residual Value on 2017 GLC 300 2WD in HTown, Texas?
MSRP $44,375
Negotiated: $41,000
Tax: 2,648.68
Various other items (doc fee, title, license, e-tag, etc)
Total: $43,990
0 down / 10k miles / 36 months
2) What is expected monthly payment?
PS: my initial quote is $750 per month.
At that total price, I get $600/mo.
Don't see the acquisition fee, though. That's $795 (possibly marked up to $1095). That's not enough to raise the price by $150/mo. though. I suspect a massive markup in the money factor, as well.
Adding $1095 only takes you up to $633/mo.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
GLC300
36 MO / 15k
4 MATIC SUV
GLC 300
Coupe
36 MO / 15k
4 MATIC SUV
Please thank you
Coupe - .00081 and 53%
Edmunds Price Checker
Edmunds Lease Calculator
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 / 2024 Kia Sportage Hybrid SX Prestige
Hello,
1) What is Money Factor and Residual Value on 2017 GLC 300 2WD in HTown, Texas?
MSRP $44,375
Negotiated: $41,000
Tax: 2,648.68
Various other items (doc fee, title, license, e-tag, etc)
Total: $43,990
0 down / 10k miles / 36 months
2) What is expected monthly payment?
PS: my initial quote is $750 per month.
---------------------------------------------------------------------
.00134 MF and 58% residual
At that total price, I get $600/mo.
Don't see the acquisition fee, though. That's $795 (possibly marked up to $1095). That's not enough to raise the price by $150/mo. though. I suspect a massive markup in the money factor, as well.
Adding $1095 only takes you up to $633/mo.
---------------------------------------------------------------------
Thanks for that information!!!
1) Does MBUSA allow Texas Dealerships to offer Money Factor Reduction using MS Deposits?
2) How many are allowed? 5, 7, or 10?
We don't have the details of it, however.
Edmunds Price Checker
Edmunds Lease Calculator
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 / 2024 Kia Sportage Hybrid SX Prestige
Quote is for 2017 Glc Coupe:
Retail price: $54,265
Discounted to $52,000 selling price
Fees: $602
Sales Tax: $3681.93
Net Sales Price: $56, 283.93
36/7.5k miles: $0 down/$891, $1k/$861, and $5k/$741
36/10k: $0/906, $1k/$876, and $5k/$756
They quoted a MF of 0.00146, when I told them 0.00081 was the rate, they said that a 1/2 percentage point mark-up is standard.
I can't figure out where all the extra money is going? Does this sound right? Taxes would be up front in GA and this is with it rolled into the payment. Any advice for negotiating? Not many 2017s left on the lots out here.
It's possible there are other fees and charges not included, as well.
$60/mo extra for that money factor bump. Even a good deal is going to be $800+/mo. for 36/10 with $0 down.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Thanks for the quick response, I admit, I might be trying to get over
Edmunds Price Checker
Edmunds Lease Calculator
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 / 2024 Kia Sportage Hybrid SX Prestige
2017 GLC300
4 year lease
MSRP 53325
RV .47
MF .00081
Cash down of $1500 + dealer Processing + first months payment
Walkout of $2531
Residual 25,062
Payment with taxes $632
DC taxes are 10% of the payment.
If any other info is needed please let me know.
What does the $2531 cover?
We suggest you limit your up front cash to just the first payment and DMV costs.
Edmunds Price Checker
Edmunds Lease Calculator
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 / 2024 Kia Sportage Hybrid SX Prestige
Therefore, I would ask the dealer for the adjusted (or net) cap cost.
And, we do not recommend putting money down on a lease - that money would be lost if the car is stolen or totaled.
Edmunds Price Checker
Edmunds Lease Calculator
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 / 2024 Kia Sportage Hybrid SX Prestige
I would suggest paying only the first payment and DMV costs up front, and adding all other taxes and fees into the lease payment.
Edmunds Price Checker
Edmunds Lease Calculator
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 / 2024 Kia Sportage Hybrid SX Prestige
GLC300
36 MO / 15k
4 MATIC SUV
The location is Maryland 20878. Thanks!
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Hello,
1) What is Money Factor and Residual Value on 2017 GLC 300 2WD in HTown, Texas?
MSRP $44,375
Negotiated: $41,000
Tax: 2,648.68
Various other items (doc fee, title, license, e-tag, etc)
Total: $43,990
0 down / 10k miles / 36 months
2) What is expected monthly payment?
PS: my initial quote is $750 per month.
---------------------------------------------------------------------
.00134 MF and 58% residual
At that total price, I get $600/mo.
Don't see the acquisition fee, though. That's $795 (possibly marked up to $1095). That's not enough to raise the price by $150/mo. though. I suspect a massive markup in the money factor, as well.
Adding $1095 only takes you up to $633/mo.
---------------------------------------------------------------------
Also, they claimed they don't know what an MSD is...and that they don't do it.
---------------------------------------------------------------------
Instead of the base MF of .00134, I was being charged .00234 MF.
When I asked for the MF, the General Manager of dealership here in Houston said, "I charge my customer 150 basis points on the Money Factor, I am only charging you 100 basis points."
He also wanted to charge $1095 to make a profit of $300 on the acquisition fee.
Third, he claimed he "needs to make a profit to keep the lights on." and I was given a significant discount on the MSRP from $44,000 to $41,000.
Given that there are only three MB dealerships in Houston, what is your recommendation?
Should I ask them to order me the base model advertised on their website and wait?
Find another dealer.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Each MSD is the lease payment rounded up to the next $50 increment.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
The dealer insisted on marking up MF to .0018.
As this car is so popular, they don't want to reduce the price too much.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
2017 GLC 300
Base model with only heated seats and ash wood trim
MSRP $41,005
Cap Cost:$35,762
36 mo /15k yr
$2,913 Drive off which includes 2k security deposit
59% residual and .00079 MF
Payment including tax is $444.00
Southern CA
I'd confirm both the MF and adjusted cap cost, as those are the only two variables in a lease payment calculation.
Edmunds Price Checker
Edmunds Lease Calculator
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 / 2024 Kia Sportage Hybrid SX Prestige
So I called and was told that the adjusted cap is 36,857 and that original MF is .0134 before 2k security deposit which decreased MF to .00093. The .00079 was if I put a 3k security deposit my mistake. How does this sound any good or is dealer marking anything up like MF?
So I called and was told that the adjusted cap is 36,857 and that original MF is .0134 before 2k security deposit which decreased MF to .00093. The .00079 was if I put a 3k security deposit my mistake. How does this sound any good or is dealer marking anything up like MF?
.00134 is the base MF for the GLC300 RWD, so that's good.
Now I'm at $409/mo plus tax, which looks closer to the dealer quote.
Edmunds Price Checker
Edmunds Lease Calculator
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 / 2024 Kia Sportage Hybrid SX Prestige
Do we have the MF/RV for 2017 GLC 300 RWD in NM 87113
36/10000 miles and 36/7500 miles
Also, I was wondering if it would be smart to lease a 2017 in July or would I benefit more with a higher RV on a 2018
Thanks in advance for all the help!
New models rarely have better lease deals than the outgoing model.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
2017 GLC300 4Matic 36/12k with autopay in Michigan
Thank you!
By the way, Miami Mercedes is discounting a 44k car $5500 to $38500
My dealership is quoting me crazy #s on this car. 36/10 at $750 per month with $1000 down. After some tooth pulling, they told me the MF is .00216(!) and residual is around $29k (selling price $47k). I'm not doing this deal, obviously, but I'm not sure what gives. I have 800+ credit, etc.
I had planned to put down some MSDs and do auto pay to reduce the MF further, but it seems pointless when we are starting with a jacked-up MF.
I'm moving on to another dealership to try to negotiate a little better, and I'm also wondering....
1. What is a reasonable MF for a 1-pay MB lease?
2. MB loaners - how much % off sticker price will they usually go? I have never negotiated a loaner.
Deduct .00010 for autopay
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Deduct .00010 for autopay
No loyalty info.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Don't have the one-pay money factor.
A loaner will have the residual reduced to account for the current mileage. It should be discounted further to account for that residual reduction, plus an additional amount more than a new unit would be. No idea how low you can go.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Thanks I'm advance.
Edmunds Price Checker
Edmunds Lease Calculator
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 / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
Edmunds Lease Calculator
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 / 2024 Kia Sportage Hybrid SX Prestige