2018 GLC43 Lease Questions
vingard
Member Posts: 2
Do the terms of this lease for a 2018 GLC43 SUV make sense?
List $69,565
Selling price $65,043
36 Months
7500 Miles per year
$886.95 per month
$4466.90 due at signing + DMV Fees
Residual 57%
Money Factor .00158
List $69,565
Selling price $65,043
36 Months
7500 Miles per year
$886.95 per month
$4466.90 due at signing + DMV Fees
Residual 57%
Money Factor .00158
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But, those numbers look about right for a new 2018 model.
Not cheap.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Are there incentives for the 2017 models, now that the 2018 are out?
Thank you for your answers
Yes, different numbers for 2017 and 2018
2017 thread is here:
https://forums.edmunds.com/discussion/42288/mercedes-benz/glc-class/2017-mercedes-benz-glc-class-lease-questions#latest
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
selling price is 43037, rolling in taxes,
putting down1500 total out of pocket.
36/12 k at 599, it's a factory order dependent on the lease price in December. Numbers based on MF is .00150 residual 58% .
Does this seem correct?
SUV or Coupe?
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FYI, the dealer said the MF is .00190 and the RV is 57%.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Just curious -- where are you finding these MFs/RVs? Is this public information that anyone can find?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I don't understand your comment "48 months get out after 42". There are different residual values for each of those lease terms.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00070 and 42% for 48/15
With the prices provided, you'll need the adjusted cap cost to be about $68,000 to get a payment of $850/mo
We don't recommend doing that, however - the up front money would be lost if the car is stolen or totaled.
And, with a lease that long, the residual is pretty awful. Plus, you'll likely have to replace tires and brakes before the lease is up.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
MF is marked way up if it's .00120 after MSDs.
Politely tell them you won't sign a deal with an inflated MF.
We always recommend MSDs - up front cash is at risk of loss if the car is stolen or totaled.
We don’t track pricing – use the “make / model / year” tabs at the top of the page to link to the Edmunds price tools.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
So what should the mf and rv be with 10k MSDs. MSDs is security deposit correct? The car is here already. I am supposed to go sign today, and I didnt. Thank goodness. Please let me know ASAP, I rescheduled to go tmw.
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Wow.
Was this a special order? Did you negotiate any of the terms when you placed the order (that is, you'll only sign with the base MF).
The dealer likely has the advantage, as this is a car you custom ordered. You can walk and start over.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
#1: 9.5k MSD 36m 10k miles,$866.39/m including tax. Rv 57% mf .00122. Total fork out = $12,203.77
#2:Drive off $6921.21(3899down payment) 814.42/m rv 56% mf.00160
With 9.5k MSD, I am paying $51.97x 36 = $1870.92 more. I mean I am literally only getting back $7629.08 after 36m. This does not make sense.
I assume can walk away, despite.. they have to pay factory $500.00 cancellation Euro pickup.
What should I do? Can I negotiate a little more? What should i negotiate at?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Can you suggest something?
Your two scenarios are not apples to apples, as you are making a $3899 down payment on the 2nd one, and no down payment on the MSD deal. The difference in the drive-off is only $5300. You still come out ahead with the MSDs.
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