Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Did you get a great deal? Let us know in the Values & Prices Paid section!
Meet your fellow owners in our Owners Clubs

Any Idea on Money factor and residuals for 2017 GLC300 leasing

gouthamkgouthamk Posts: 22
edited November 2016 in Mercedes-Benz
Hi,

I recently test drove a GLC300,2017. It is pretty good.
Planning to take a lease for 36/12k
delaer quote is 1200 down/ 698$per month.
residual quoted is 58%
money factor is .00166
I think it is very high.
anyone help!

Comments

  • kyfdxkyfdx Everywhere, USAPosts: 126,124
    gouthamk said:

    Hi,

    I recently test drove a GLC300,2017. It is pretty good.
    Planning to take a lease for 36/12k
    delaer quote is 1200 down/ 698$per month.
    residual quoted is 58%
    money factor is .00166
    I think it is very high.
    anyone help!

    .00169/.00165 MF for RWD/AWD
    59% residual for 36/12.

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

    Edmunds Moderator

  • mlevinemlevine Posts: 397
    gouthamk,
    I agree the money factor is too high. First try to get the cap cost as low as you can. Then I believe the 24 month lease is the way to go as the residual is 67%. At 24 months, you will only need 2 services on the vehicle and should not have to deal with breaks and maybe even tires. Need to provide us with MRSP and adjusted cap cost.
Sign In or Register to comment.