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Mercedes Bemz Lease Residual Q.

bahamayell911bahamayell911 Member Posts: 4
edited May 2017 in Mercedes-Benz
To calculate the correct residual, do I multiply the residual percentage and the MSRP, or the residual percentage and the the actual sale price? Thank you.

I'm trying to figure out what residual percentage the Dealer is actually using.

Dealer in PA quoting me as follows on a 2017 GLS450: MSRP $81,180 Sale Price $72,780 Residual $45,480

36 months 12k miles/yr.... payment = $881/mo. Something doesn't seem right

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Answers

  • MichaellMichaell Moderator Posts: 241,241

    To calculate the correct residual, do I multiply the residual percentage and the MSRP, or the residual percentage and the the actual sale price? Thank you.

    I'm trying to figure out what residual percentage the Dealer is actually using.

    Dealer in PA quoting me as follows on a 2017 GLS450: MSRP $81,180 Sale Price $72,780 Residual $45,480

    36 months 12k miles/yr.... payment = $881/mo. Something doesn't seem right

    Residual is applied to the MSRP - bottom line number of the windows sticker, including destination

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