Car Buying Advice - 2017 Mercedes gle 350 awd

nickos

Hi guys.
Leasing 2017 gle 350 awd in nyc.
This is my deal.
Msrp 67270
3 year maintenance
10000 miles year for 3 year lease
934 down
35 payments of 716 month.
But has 9500 miles already (loaner)
Haven't signed anything yet.
Good deal?
Thanks.

tom1965

I would say no , I walked in to a dealership and was offered 14% off on the spot with no negoations 

nickos

Sorry guys 887 down not 934.
716 first month and 181 DMV

tom1965

What's you price paid - fees etc?

nickos

Havent seen paperwork but from email everything is included in monthly payment of 716.
Only thing I pay up front is DMV and the first month which comes to 887

nickos

Just wanna see if I should try to lower monthly payment

Michaell

nickos said:

Hi guys.
Leasing 2017 gle 350 awd in nyc.
This is my deal.
Msrp 67270
3 year maintenance
10000 miles year for 3 year lease
934 down
35 payments of 716 month.
But has 9500 miles already (loaner)
Haven't signed anything yet.
Good deal?
Thanks.

.00047 and 56%, but the 9500 miles will lower the calculated residual. Check with the dealer on how the miles are applied.

What is the adjusted cap cost, with taxes and fees included?

nickos

Gonna find out today or tomorrow when I go in.
Should I still be using 56% residual?

Michaell

nickos said:

Gonna find out today or tomorrow when I go in.
Should I still be using 56% residual?

56% less a per mile surcharge for the miles already on it.

Offset that with a bigger discount from sticker than you can get on a car with 0 miles on it.

nickos

12 to 15 % discount off sticker seems reasonable?

nickos

Finally got the car.
Here goes.
Msrp 67270
Total gross cap cost is 60686
Price of vehicle 56002
Acquisition 1095
Taxes 2214
3 yr maintenance 1375
Monthly payment 714
878 down 
10000 miles/36 months.
What do u guys think?
I know acquisition fee was marked up 300.

Michaell

nickos said:

Finally got the car.
Here goes.
Msrp 67270
Total gross cap cost is 60686
Price of vehicle 56002
Acquisition 1095
Taxes 2214
3 yr maintenance 1375
Monthly payment 714
878 down 
10000 miles/36 months.
What do u guys think?
I know acquisition fee was marked up 300.

Congrats - over $10K off sticker more than makes up for the $300 added to the acquisition fee