2017 Mercedes Benz GLC-Class Lease Questions

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  • testndoctestndoc Member Posts: 18
    I have an inbound 2017 GLC300 RWD. I hope to pick her up this week. What is the current Residual for 24/30/36 months, 12k miles per year? What is the current buyrate MF for top tier customers? Thanks!
  • MichaellMichaell Moderator Posts: 252,100
    testndoc said:

    I have an inbound 2017 GLC300 RWD. I hope to pick her up this week. What is the current Residual for 24/30/36 months, 12k miles per year? What is the current buyrate MF for top tier customers? Thanks!

    The current numbers are valid though Tuesday.

    .00152 and 62% 58% 55%

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  • sgarsgar Member Posts: 3
    I am in South Florida and am looking to lease a 2017 GLC 300 for 36 months / 15,000 miles. I would greatly appreciate if you can provide me with the MF and residual.

    Thank you.
  • kyfdxkyfdx Moderator Posts: 253,405
    sgar said:

    I am in South Florida and am looking to lease a 2017 GLC 300 for 36 months / 15,000 miles. I would greatly appreciate if you can provide me with the MF and residual.

    Thank you.

    .00152 MF and 56% residual, assuming RWD

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  • testndoctestndoc Member Posts: 18
    testndoc said:

    I have an inbound 2017 GLC300 RWD. I hope to pick her up this week. What is the current Residual for 24/30/36 months, 12k miles per year? What is the current buyrate MF for top tier customers? Thanks!

    Michaell said:

    testndoc said:

    I have an inbound 2017 GLC300 RWD. I hope to pick her up this week. What is the current Residual for 24/30/36 months, 12k miles per year? What is the current buyrate MF for top tier customers? Thanks!

    The current numbers are valid though Tuesday.

    .00152 and 62% 58% 55%
    Are the residuals for 12k miles per year? kyfdx shows a higher residual at 15k miles. Thanks.

  • MichaellMichaell Moderator Posts: 252,100
    testndoc said:

    testndoc said:

    I have an inbound 2017 GLC300 RWD. I hope to pick her up this week. What is the current Residual for 24/30/36 months, 12k miles per year? What is the current buyrate MF for top tier customers? Thanks!

    Michaell said:

    testndoc said:

    I have an inbound 2017 GLC300 RWD. I hope to pick her up this week. What is the current Residual for 24/30/36 months, 12k miles per year? What is the current buyrate MF for top tier customers? Thanks!

    The current numbers are valid though Tuesday.

    .00152 and 62% 58% 55%
    Are the residuals for 12k miles per year? kyfdx shows a higher residual at 15k miles. Thanks.

    Whoops, must have read the wrong line.

    66% / 61%/ 58% for 24/12, 30/12 or 36/12

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  • PF_FlyerPF_Flyer Member Posts: 9,372
    If you recently sold or traded in a BMW for a Mercedes, Jaguar, Volvo, Audi or Cadillac vehicle, a reporter would be interested in speaking with you about your experience. Please send a note to PR@Edmunds.com no later than 5 p.m. EST on Tuesday, Jan. 31, 2017. Thanks!
  • testndoctestndoc Member Posts: 18
    Michaell said:

    testndoc said:

    testndoc said:

    I have an inbound 2017 GLC300 RWD. I hope to pick her up this week. What is the current Residual for 24/30/36 months, 12k miles per year? What is the current buyrate MF for top tier customers? Thanks!

    Michaell said:

    testndoc said:

    I have an inbound 2017 GLC300 RWD. I hope to pick her up this week. What is the current Residual for 24/30/36 months, 12k miles per year? What is the current buyrate MF for top tier customers? Thanks!

    The current numbers are valid though Tuesday.

    .00152 and 62% 58% 55%
    Are the residuals for 12k miles per year? kyfdx shows a higher residual at 15k miles. Thanks.

    Whoops, must have read the wrong line.

    66% / 61%/ 58% for 24/12, 30/12 or 36/12
    What are the current FEB lease rates for 2017 GLC 300 RWD, 24mo, 30, mo and 36mo, 12k miles per year? Money factor for Feb also? Thanks!
  • kyfdxkyfdx Moderator Posts: 253,405
    testndoc said:

    Michaell said:

    testndoc said:

    testndoc said:

    I have an inbound 2017 GLC300 RWD. I hope to pick her up this week. What is the current Residual for 24/30/36 months, 12k miles per year? What is the current buyrate MF for top tier customers? Thanks!

    Michaell said:

    testndoc said:

    I have an inbound 2017 GLC300 RWD. I hope to pick her up this week. What is the current Residual for 24/30/36 months, 12k miles per year? What is the current buyrate MF for top tier customers? Thanks!

    The current numbers are valid though Tuesday.

    .00152 and 62% 58% 55%
    Are the residuals for 12k miles per year? kyfdx shows a higher residual at 15k miles. Thanks.

    Whoops, must have read the wrong line.

    66% / 61%/ 58% for 24/12, 30/12 or 36/12
    What are the current FEB lease rates for 2017 GLC 300 RWD, 24mo, 30, mo and 36mo, 12k miles per year? Money factor for Feb also? Thanks!
    .00152 MF and 66%/61%/58% residual

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  • desalguydesalguy Member Posts: 7
    Same as above but with 10k/year. Also when will the March figures be available? My car is on the water and it could be March and not Feb. Thanks
  • desalguydesalguy Member Posts: 7
    One other thing do the figures change by location. I am wondering about MF in particular. I live in South FL.
  • yankee24yankee24 Member Posts: 9
    Hi, I placed a deposit for a 2017 GLC300 4Matic in January that's set to arrive in 2 weeks. Are the February MF and RV for 3yrs/15k the same as they were in January? The dealer quoted me at .00138 (w/ autopay) @ 56%. Just fact checking, thanks!
  • desalguydesalguy Member Posts: 7
    edited February 2017
    Run your numbers with this calculator. Use your model and adjust for tax etc. It's not Edmunds calculator (sorry) but I like it a lot. https://leasehackr.com/calculator The rest of the site a long with Edmunds can give you a very good feel for what's going on.
  • kyfdxkyfdx Moderator Posts: 253,405
    desalguy said:

    Same as above but with 10k/year. Also when will the March figures be available? My car is on the water and it could be March and not Feb. Thanks

    Add 1% to go from 12K/yr to 10K/yr

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  • kyfdxkyfdx Moderator Posts: 253,405
    desalguy said:

    One other thing do the figures change by location. I am wondering about MF in particular. I live in South FL.

    Mercedes numbers are national.

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  • kyfdxkyfdx Moderator Posts: 253,405
    yankee24 said:

    Hi, I placed a deposit for a 2017 GLC300 4Matic in January that's set to arrive in 2 weeks. Are the February MF and RV for 3yrs/15k the same as they were in January? The dealer quoted me at .00138 (w/ autopay) @ 56%. Just fact checking, thanks!

    Yes.. same numbers for February.

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  • michaeljp508michaeljp508 Member Posts: 2
    Hi, what are the MF and residual numbers for the 2017 GLC300 4Matic Coupe for 36mo/10k for February? Thank you!
  • kyfdxkyfdx Moderator Posts: 253,405

    Hi, what are the MF and residual numbers for the 2017 GLC300 4Matic Coupe for 36mo/10k for February? Thank you!

    .00152 MF and 60% residual

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  • jsal1120jsal1120 Member Posts: 6
    Hello,

    I would greatly appreciate your feedback on a lease deal I am considering.

    2017 GLC coupe 4Matic

    MSRP: $56,265

    Discounted Lease Price: 52,000

    Residual: $33,771.60/ about 59%

    Mileage: 12,000/year for 36 months

    Monthly payment: $663.40/ this includes the maintenance ($975) for the 36 month period of the lease and also CT 7.75% of tax

    Down Payment: $5,000 this includes
    2,270 towards the lease??? (not exactly sure as it doesn't specify)
    663.40 first month payment
    1,095.00 lease acquisition fee
    185.00 registration fee
    475.00 doc fee

    I find the monthly payment to be very high but again it is a luxury vehicle. Is this a good deal or no?

    Thank you in advance!
  • kyfdxkyfdx Moderator Posts: 253,405
    jsal1120 said:

    Hello,

    I would greatly appreciate your feedback on a lease deal I am considering.

    2017 GLC coupe 4Matic

    MSRP: $56,265

    Discounted Lease Price: 52,000

    Residual: $33,771.60/ about 59%

    Mileage: 12,000/year for 36 months

    Monthly payment: $663.40/ this includes the maintenance ($975) for the 36 month period of the lease and also CT 7.75% of tax

    Down Payment: $5,000 this includes
    2,270 towards the lease??? (not exactly sure as it doesn't specify)
    663.40 first month payment
    1,095.00 lease acquisition fee
    185.00 registration fee
    475.00 doc fee

    I find the monthly payment to be very high but again it is a luxury vehicle. Is this a good deal or no?

    Thank you in advance!

    .00152 MF and 59% residual
    Residual is exactly 59%. It's likely that the $975 maintenance plan is residualized (added to the MSRP). That's a good thing.

    $2270 is a CAP cost reduction. That's what is left over, after paying the other fees, and reduces the CAP cost of the vehicle. Deducting that from the $52K selling price, the adjusted CAP cost is $49,730
    That results in a pre-tax payment of $570/mo.
    The dealer has quoted you a payment of about $615/mo. pre-tax.

    A few things going on here:
    1) Acquisition fee is marked up from $795 base
    2) $475 doc fee.. makes your effective price $52,475, instead of $52,000
    3) Money factor is marked up from the base amount.. likely to the .00200-.00210 range

    It doesn't matter if it's a "luxury" vehicle. Lease calculations are all about the math.
    Also, there is no point in making a big upfront payment on a vehicle that you are renting monthly. It only serves to obscure the true monthly cost.
    For instance, if you only paid first payment and the registration fee upfront on this quoted deal, the payment would be $729/mo. (now, it seems really expensive).

    Assuming the selling price is good (and, it appears to be), I would want this deal:

    1) $51525 selling price (to make up for the doc fee)
    2) $795 acquisition fee (base fee) rolled into CAP cost
    3) $475 doc fee
    4) No CAP cost reduction
    5) Base MF of .00152
    6) Adjusted CAP cost $52,795
    7) Only 1st payment and registration upfront.

    $660/mo.+tax = $711/mo.
    $896 due at signing ($711 + $185)

    That's $2372 less total cost than your quote.
    A lot of savings comes from using the base money factor.

    It's not a real cheap vehicle to lease, if you get a good deal.
    But, it can be better than what they quoted.

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  • jsal1120jsal1120 Member Posts: 6
    Thank you! That information was really helpful. I will try to negotiate the price with the dealer. 

    Lets see if they really want to sell me the car
  • testndoctestndoc Member Posts: 18
    What is the MF on a single pay GLC300 RWD, 24 months, 12k/year? Thanks
  • kyfdxkyfdx Moderator Posts: 253,405
    testndoc said:

    What is the MF on a single pay GLC300 RWD, 24 months, 12k/year? Thanks

    We don't have the single pay info.

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  • desalguydesalguy Member Posts: 7
    Bought 3 yr. maintenance on my old lease. With MB's early lease turn-in program, I will be under the 30,000 miles mark. Therefore I will not use the 3rd and last service. Maybe someone knows the answer to this question. Can I am negotiate a credit for the last maintenance into the new lease? I am looking at $600 credit.
  • MichaellMichaell Moderator Posts: 252,100
    desalguy said:

    Bought 3 yr. maintenance on my old lease. With MB's early lease turn-in program, I will be under the 30,000 miles mark. Therefore I will not use the 3rd and last service. Maybe someone knows the answer to this question. Can I am negotiate a credit for the last maintenance into the new lease? I am looking at $600 credit.

    Hmm, good question.

    Not sure if it can "officially" be done on the paperwork, but you may want to negotiate the price of your new vehicle to offset that $600.

    You can attempt to negotiate anything you want. Dealer has to be willing to negotiate, as well.

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  • desalguydesalguy Member Posts: 7
    Thanks, That's what I was thinking. Either the price or dealer insensitive reduction.
  • yankee24yankee24 Member Posts: 9
    I added the 40k prepaid service on my 3 year lease that I just closed. Was this supposed to be added to gross cap cost or MSRP?
  • kyfdxkyfdx Moderator Posts: 253,405
    yankee24 said:

    I added the 40k prepaid service on my 3 year lease that I just closed. Was this supposed to be added to gross cap cost or MSRP?

    If you aren't paying for it upfront, it has to be added to the CAP cost.

    We see some dealers adding it to the MSRP, so it's residualized, but that doesn't seem to be universal.

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  • s4vtb85s4vtb85 Member Posts: 4
    Hi all. Do you have the February money factor and residual value for a 36-month/12,000 mile lease of a GLC43 SUV? Thanks!
  • MichaellMichaell Moderator Posts: 252,100
    s4vtb85 said:

    Hi all. Do you have the February money factor and residual value for a 36-month/12,000 mile lease of a GLC43 SUV? Thanks!

    .00140 and 55%

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  • theleaseicandotheleaseicando Member Posts: 7
    Hi.

    May I please have the current lease factor and residual for a 2017 GLC300 AWD at 36 months and 7,500 miles per year?

    Thanks!
  • MichaellMichaell Moderator Posts: 252,100

    Hi.

    May I please have the current lease factor and residual for a 2017 GLC300 AWD at 36 months and 7,500 miles per year?

    Thanks!

    .00148 and 60%

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  • imshailimshail Member Posts: 1
    I am planning to lease a GLC 4Matic soon. On Mercedes site, I see that they have a special of $499 going on. I also calculated through Edmunds calculator that for $42K + $4k (taxes) - $4k (down) will result in monthly payment of $658(Calculation based on 58% residual factor & 0.0015 MF) for 36months/12K miles so $499 seems like a good deal.

    As the lease deal is going on for a while therefore wondering if I'm missing something here?
  • fargositfargosit Member Posts: 11
    Hello, 2017 GLC 4matic.. 36/12K. Can I please have the MF and RV? Thanks
  • MichaellMichaell Moderator Posts: 252,100
    imshail said:

    I am planning to lease a GLC 4Matic soon. On Mercedes site, I see that they have a special of $499 going on. I also calculated through Edmunds calculator that for $42K + $4k (taxes) - $4k (down) will result in monthly payment of $658(Calculation based on 58% residual factor & 0.0015 MF) for 36months/12K miles so $499 seems like a good deal.

    As the lease deal is going on for a while therefore wondering if I'm missing something here?

    .00148 and 58%

    We need to know both the MSRP and the selling price to calculate the payment.

    We don't recommend putting any money down on a lease - just first payment and DMV costs.

    What state and tax rate is this?

    Lastly, on-line calculators often make assumptions that we know nothing about.

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  • MichaellMichaell Moderator Posts: 252,100
    fargosit said:

    Hello, 2017 GLC 4matic.. 36/12K. Can I please have the MF and RV? Thanks

    .00148 and 58%

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  • clubgoldbergclubgoldberg Member Posts: 33
    Looking for MF and residuals for California for GLC 4matic? Thanks!
  • kyfdxkyfdx Moderator Posts: 253,405

    Looking for MF and residuals for California for GLC 4matic? Thanks!

    .00148 MF and 56% residual for 36/15.

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  • clubgoldbergclubgoldberg Member Posts: 33
    My apologies, meant to add for 7.5K miles/10K miles (36 months) for California MF & Residuals...? Thanks!
  • MichaellMichaell Moderator Posts: 252,100

    My apologies, meant to add for 7.5K miles/10K miles (36 months) for California MF & Residuals...? Thanks!

    Add 3% for 10K or 4% for 7.5K

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  • desalguydesalguy Member Posts: 7
    Michaell. Got the phone call! My GLC 300 RWD has arrived and I'll be going to the dealer Friday. This is going to be a 30/10 or 36/10 with Feb rates. (i'm in the top tier) Please advise the MF. The MSPR is $51,245 what can I expect as RV?
    This Florida dealer has a PreDelivery service charge of $699.95. (pure profit). Any suggestions how to handle this charge?
  • MichaellMichaell Moderator Posts: 252,100
    desalguy said:

    Michaell. Got the phone call! My GLC 300 RWD has arrived and I'll be going to the dealer Friday. This is going to be a 30/10 or 36/10 with Feb rates. (i'm in the top tier) Please advise the MF. The MSPR is $51,245 what can I expect as RV?
    This Florida dealer has a PreDelivery service charge of $699.95. (pure profit). Any suggestions how to handle this charge?

    .00152 and 62% (30/10) or 59% (36/10)

    Negotiate a price to mitigate the dealer fee.

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  • desalguydesalguy Member Posts: 7
    Thanks for your fast answer :) . I'll post the deal after I get the final figures.
  • spheresphere Member Posts: 8
    WHat's the MF and Residual for a GLC 43 AMG with package 3 and generally loaded?

    This is what I got after a few emails, which I think is kinda of crazy MF?


    MSRP $73,900
    Your Price $69,785
    Miles per year 10k
    Money factor .00165
    Residual %56
    Payment $1005+tax
  • MichaellMichaell Moderator Posts: 252,100
    sphere said:

    WHat's the MF and Residual for a GLC 43 AMG with package 3 and generally loaded?

    This is what I got after a few emails, which I think is kinda of crazy MF?


    MSRP $73,900
    Your Price $69,785
    Miles per year 10k
    Money factor .00165
    Residual %56
    Payment $1005+tax

    Is this the SUV or the Coupe?

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  • zdeniskazdeniska Member Posts: 38
    Hello,

    can you please provide March MF and residual for 2017 GLC300 Coupe 4MATIC for 24/36/39 months 7.5K.
    I am in California if it makes any difference.

    Thanks!
  • MichaellMichaell Moderator Posts: 252,100
    zdeniska said:

    Hello,

    can you please provide March MF and residual for 2017 GLC300 Coupe 4MATIC for 24/36/39 months 7.5K.
    I am in California if it makes any difference.

    Thanks!

    .00152 and 68% (24/7.5) or 61% (36/7.5)

    No 39 month program from MB

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  • zdeniskazdeniska Member Posts: 38
    Michaell said:

    zdeniska said:

    Hello,

    can you please provide March MF and residual for 2017 GLC300 Coupe 4MATIC for 24/36/39 months 7.5K.
    I am in California if it makes any difference.

    Thanks!

    .00152 and 68% (24/7.5) or 61% (36/7.5)

    No 39 month program from MB
    Are there any MB programs between 24 and 36 months?
    For 10K should I just subtract 1% from 7.5K residual or MF changes as well?

    Thank you.
  • MichaellMichaell Moderator Posts: 252,100
    zdeniska said:

    Michaell said:

    zdeniska said:

    Hello,

    can you please provide March MF and residual for 2017 GLC300 Coupe 4MATIC for 24/36/39 months 7.5K.
    I am in California if it makes any difference.

    Thanks!

    .00152 and 68% (24/7.5) or 61% (36/7.5)

    No 39 month program from MB
    Are there any MB programs between 24 and 36 months?
    For 10K should I just subtract 1% from 7.5K residual or MF changes as well?

    Thank you.
    There is a 27 month program available - 27/7.5 residual is 64%

    Yes, subtract 1% for 10K. No change to MF.

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  • tacoburgertacoburger Member Posts: 3
    What are the MF and Residuals for the GLC43 (regular and Coupe)? 36/10 and 36/7.5 please.
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