2017 Mercedes Benz GLC-Class Lease Questions

kyfdx

ap2009 said:

Michaell said:

Ask your 2017 GLC-class lease questions, here!

Hi Experts

Could you let me know if this is a good lease deal at the earliest? About to pull the plug on it.
2017 GLC 300 SUV
MSRP: $53,900
Includes Premium Package, sport Package, All Season Tires, Burmester Sound, Panaroma Roof etc.
MF is 0.00149 and Residual is 58%
Essentially it is a demo vehicle with 3,600 miles on it.

Lease: $460 Per Month, $2,500 due at signing, 3 Years, 30,000 miles

.00126/.00122 is base MF for RWD/AWD
58% residual is correct for 36/10
(assuming residual isn't reduced to account for current mileage)

Don't know your state, tax rate, or the adjusted CAP cost, but that seems like a reasonable deal for a $54K MSRP vehicle.

Are you about to "pull the plug" or "pull the trigger"?

ap2009

kyfdx said:

Ask your 2017 GLC-class lease questions, here!

Hi Experts Could you let me know if this is a good lease deal at the earliest? About to pull the plug on it. 2017 GLC 300 SUV MSRP: $53,900 Includes Premium Package, sport Package, All Season Tires, Burmester Sound, Panaroma Roof etc. MF is 0.00149 and Residual is 58% Essentially it is a demo vehicle with 3,600 miles on it. Lease: $460 Per Month, $2,500 due at signing, 3 Years, 30,000 miles

.00126/.00122 is base MF for RWD/AWD 58% residual is correct for 36/10 (assuming residual isn't reduced to account for current mileage) Don't know your state, tax rate, or the adjusted CAP cost, but that seems like a reasonable deal for a $54K MSRP vehicle. Are you about to "pull the plug" or "pull the trigger"?

Hi
The state is California. Taxes should be around 9.5%. Adjusted Capital Cost is $44,638. 

Sorry, I meant pull-the-trigger

kyfdx

ap2009 said:

kyfdx said:

Ask your 2017 GLC-class lease questions, here!

Hi Experts

Could you let me know if this is a good lease deal at the earliest? About to pull the plug on it.
2017 GLC 300 SUV
MSRP: $53,900
Includes Premium Package, sport Package, All Season Tires, Burmester Sound, Panaroma Roof etc.
MF is 0.00149 and Residual is 58%
Essentially it is a demo vehicle with 3,600 miles on it.

Lease: $460 Per Month, $2,500 due at signing, 3 Years, 30,000 miles

.00126/.00122 is base MF for RWD/AWD
58% residual is correct for 36/10
(assuming residual isn't reduced to account for current mileage)

Don't know your state, tax rate, or the adjusted CAP cost, but that seems like a reasonable deal for a $54K MSRP vehicle.

Are you about to "pull the plug" or "pull the trigger"?

Hi
The state is California. Taxes should be around 9.5%. Adjusted Capital Cost is $44,638. 

Sorry, I meant pull-the-trigger

That looks like a really good deal. I think the adjusted CAP cost has to be lower than your number, though. Otherwise, the payment would be higher.

jkipster

Do you have the January numbers for the GLC 300 SUV for 24/7500 and 36/7500 in Rwd and Awd?

Michaell

jkipster said:

Do you have the January numbers for the GLC 300 SUV for 24/7500 and 36/7500 in Rwd and Awd?

RWD - .00126
AWD - .00122

67% / 59% residual for both

porterhall

My local dealership has several "retired" 2017/2018 GLC 300 loaners available for sale/lease. Most have between 5,000-6,000 miles on them with MSRP stickers in the $47K to $48K range. The dealer is offering to sell them to me at $5,000 below sticker.

I know this is a lousy deal as-is but curious how much more off MSRP would be considered a "good" deal. I'm thinking $10K off sticker but wondering if that may be too ambitious? Also, how do the extra miles get factored into the lease calculation? Anything else that would differ from a leasing perspective compared to leasing a brand new car? I know the warranty has already begun but that doesn't bother me as I'm planning a 36/12 term.

I live in Ohio if that matters. Thanks.

kyfdx

porterhall said:

My local dealership has several "retired" 2017/2018 GLC 300 loaners available for sale/lease. Most have between 5,000-6,000 miles on them with MSRP stickers in the $47K to $48K range. The dealer is offering to sell them to me at $5,000 below sticker.

I know this is a lousy deal as-is but curious how much more off MSRP would be considered a "good" deal. I'm thinking $10K off sticker but wondering if that may be too ambitious? Also, how do the extra miles get factored into the lease calculation? Anything else that would differ from a leasing perspective compared to leasing a brand new car? I know the warranty has already begun but that doesn't bother me as I'm planning a 36/12 term.

I live in Ohio if that matters. Thanks.

Not sure how Mercedes deals with mileage on their leases. They seem to have a higher threshold before they start reducing the residual.

While $5000 off might be okay for a 2018 model, I'd want twice that off of a 2017 model, at least.

Though, if you are leasing, the goal is to beat the new unit lease price by 10% or so... Whatever it takes to do that.

jkipster

In my experience MB charges $.20 per mile over 3,000 to the residual value.

ckool

Hi

would you mind to provide the number for Jan. on GLC 300 RWD/AWD 36/10k and 36/12k ; does it change much from Dec.?

Thanks in advance

Michaell

ckung said:

Hi

would you mind to provide the number for Jan. on GLC 300 RWD/AWD 36/10k and 36/12k ; does it change much from Dec.?

Thanks in advance

36/12 numbers; add 1% for 10K

RWD - .00126 and 57%
AWD - .00122 and 57%

loic_91801

Are these numbers good nation wide? Looking the same vehicle in So Cal. Any incentive available?

Michaell

loic_91801 said:

Are these numbers good nation wide? Looking the same vehicle in So Cal. Any incentive available?

MB numbers are national.

We do not have any incentive information.

z4maudioman

Can you please share RV and MF for 24/15k and 36/15k terms for the following models in Northern California? 

2017 GLC300 RWD 
2017 GLC300 AWD
2017 GLC43

Hoping these are as good as the C Class this month. 

Michaell

z4maudioman said:

Can you please share RV and MF for 24/15k and 36/15k terms for the following models in Northern California? 

2017 GLC300 RWD 
2017 GLC300 AWD
2017 GLC43

Hoping these are as good as the C Class this month. 

From what others are reporting, those C-class numbers were posted in error, and the February numbers still apply.

RWD - .00126 and
AWD - .00122 and
GLC43 - .00122 and

Yeah, the GLC nubmers are way higher this month, than last, as well. I don't trust them, now, so I won't post them and get anyone's hopes up.

sheddah

Hello, can you tell me the residual for March on a 2018 GLC 300 Coupe (not AMG)?
Thanks in advance!

kyfdx

sheddah said:

Hello, can you tell me the residual for March on a 2018 GLC 300 Coupe (not AMG)?
Thanks in advance!

Please ask 2018 model questions, here:
https://forums.edmunds.com/discussion/46515/mercedes-benz/glc-class/2018-mercedes-glc-class-lease-deals-and-prices#latest