2018 GLC43 Lease Questions

vingardvingard Member Posts: 2
edited January 2019 in Mercedes-Benz
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
«134

Comments

  • kyfdxkyfdx Moderator Posts: 253,614
    vingard said:

    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

    We don't have the July programs for Mercedes, yet.
    But, those numbers look about right for a new 2018 model.
    Not cheap.

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  • kyfdxkyfdx Moderator Posts: 253,614
    vingard said:

    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

    .00143 MF and 57% residual

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  • vingardvingard Member Posts: 2
    Thanks for the update. Looks like the dealer may be padding the MF. Will try to get it close to 0.00143.
  • roc86negronroc86negron Member Posts: 12
    I wrongly posted this in another thread...I'm looking for the numbers for the 2018 GLC 43 AMG for 36/12 in south fl please..
  • kyfdxkyfdx Moderator Posts: 253,614

    I wrongly posted this in another thread...I'm looking for the numbers for the 2018 GLC 43 AMG for 36/12 in south fl please..

    .00143 MF and 55% residual

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  • poopspoops Member Posts: 235
    What are the MF and Residual for a 2018 AMG GLC43 Coupe in Chicago, IL? Terms are 36mos. 7.5k and 10k miles. Thanks!
  • MichaellMichaell Moderator Posts: 252,235
    poops said:

    What are the MF and Residual for a 2018 AMG GLC43 Coupe in Chicago, IL? Terms are 36mos. 7.5k and 10k miles. Thanks!

    .00070 and 53% / 52%

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  • firehose24firehose24 Member Posts: 19
    Can I get mf and Residual for 2018 glc 43 amg coupe. NYC  36/10.   Thx 
  • MichaellMichaell Moderator Posts: 252,235

    Can I get mf and Residual for 2018 glc 43 amg coupe. NYC  36/10.   Thx 

    .00070 and 52%

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  • drtomchudrtomchu Member Posts: 2
    Hello, what are the current MF and RV on a lease 36mos/15K for the 2018 GLC AMG 43 and for the 2017 GLC AMG 43 ? Are the MF and RV different for the 2017 and 2018 models ?
    Are there incentives for the 2017 models, now that the 2018 are out?
    Thank you for your answers
  • MichaellMichaell Moderator Posts: 252,235
    drtomchu said:

    Hello, what are the current MF and RV on a lease 36mos/15K for the 2018 GLC AMG 43 and for the 2017 GLC AMG 43 ? Are the MF and RV different for the 2017 and 2018 models ?
    Are there incentives for the 2017 models, now that the 2018 are out?
    Thank you for your answers

    SUV or Coupe?

    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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  • drtomchudrtomchu Member Posts: 2
    SUV
  • MichaellMichaell Moderator Posts: 252,235
    drtomchu said:

    Hello, what are the current MF and RV on a lease 36mos/15K for the 2018 GLC AMG 43 and for the 2017 GLC AMG 43 ? Are the MF and RV different for the 2017 and 2018 models ?
    Are there incentives for the 2017 models, now that the 2018 are out?
    Thank you for your answers

    drtomchu said:

    SUV

    2018 - .00143 and 53%

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  • mayd1210mayd1210 Member Posts: 9
    Hello! I am shopping for the a 2018 GLC, msrp 49,325
    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? 
  • kyfdxkyfdx Moderator Posts: 253,614
    mayd1210 said:

    Hello! I am shopping for the a 2018 GLC, msrp 49,325
    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? 

    Which GLC model is it?
    SUV or Coupe?

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  • mayd1210mayd1210 Member Posts: 9
    It is Suv, 4 matic 
  • kyfdxkyfdx Moderator Posts: 253,614
    mayd1210 said:

    It is Suv, 4 matic 

    mayd1210 said:

    It is Suv, 4 matic 

    GLC300 or GLC43?

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  • mayd1210mayd1210 Member Posts: 9
    It's the 300
  • kyfdxkyfdx Moderator Posts: 253,614
    mayd1210 said:

    It's the 300

    Let's carry on in the other discussion.

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  • poopspoops Member Posts: 235
    Any lease changes for the 2018 AMG GLC43 Coupe? Thanks!
  • kyfdxkyfdx Moderator Posts: 253,614
    poops said:

    Any lease changes for the 2018 AMG GLC43 Coupe? Thanks!

    .00070 MF and 49% residual for 36/15

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  • poopspoops Member Posts: 235
    kyfdx said:

    poops said:

    Any lease changes for the 2018 AMG GLC43 Coupe? Thanks!

    .00070 MF and 49% residual for 36/15
    What about 36/7.5 & 36/10? Thanks!
  • kyfdxkyfdx Moderator Posts: 253,614
    poops said:

    kyfdx said:

    poops said:

    Any lease changes for the 2018 AMG GLC43 Coupe? Thanks!

    .00070 MF and 49% residual for 36/15
    What about 36/7.5 & 36/10? Thanks!
    Add 4% or 3%

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  • mpa432018mpa432018 Member Posts: 9
    edited October 2017
    What is the current MF and RV for a 2018 GLC43 SUV 4MATIC at 36 months and 7.5K miles? My zip code is 17050.

    FYI, the dealer said the MF is .00190 and the RV is 57%.
  • MichaellMichaell Moderator Posts: 252,235
    mpa432018 said:

    What is the current MF and RV for a 2018 GLC43 SUV 4MATIC at 36 months and 7.5K miles? My zip code is 17050.

    FYI, the dealer said the MF is .00190 and the RV is 57%.

    .00140 and 57%

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  • mpa432018mpa432018 Member Posts: 9
    Thanks, Michaell!

    Just curious -- where are you finding these MFs/RVs? Is this public information that anyone can find?
  • MichaellMichaell Moderator Posts: 252,235
    mpa432018 said:

    Thanks, Michaell!

    Just curious -- where are you finding these MFs/RVs? Is this public information that anyone can find?

    This is not public information.

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  • ghinsmeisterghinsmeister Member Posts: 5
    Good morning my car is finally here 72,340 msrp 69000 selling price I'm aiming for a 48 months get out after 42...what is the mf/rv for westchester ny....to get my payments to 850 how much would have to put down 
  • MichaellMichaell Moderator Posts: 252,235

    Good morning my car is finally here 72,340 msrp 69000 selling price I'm aiming for a 48 months get out after 42...what is the mf/rv for westchester ny....to get my payments to 850 how much would have to put down 

    SUV or coupe?

    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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  • ghinsmeisterghinsmeister Member Posts: 5
    Michaell said:
    Good morning my car is finally here 72,340 msrp 69000 selling price I'm aiming for a 48 months get out after 42...what is the mf/rv for westchester ny....to get my payments to 850 how much would have to put down 
    SUV or coupe? I don't understand your comment "48 months get out after 42". There are different residual values for each of those lease terms.
    Coupe I'm sorry...If i do the 48 month lease if I want to get out I can after 42 months...so if that the case what are the residual and MF for 48 months in lower westchester ny you  and how much down to keep my payment at 850
  • ghinsmeisterghinsmeister Member Posts: 5
    edited October 2017
    Also with tire protection included
  • MichaellMichaell Moderator Posts: 252,235


    Michaell said:

    Good morning my car is finally here 72,340 msrp 69000 selling price I'm aiming for a 48 months get out after 42...what is the mf/rv for westchester ny....to get my payments to 850 how much would have to put down 

    SUV or coupe?

    I don't understand your comment "48 months get out after 42". There are different residual values for each of those lease terms.

    Coupe I'm sorry...If i do the 48 month lease if I want to get out I can after 42 months...so if that the case what are the residual and MF for 48 months in lower westchester ny you  and how much down to keep my payment at 850

    .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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  • boredyboredy Member Posts: 19
    edited October 2017
    What should be the monthly lease payment for 2018 GLC 43 SUV based on MSRP $62,163.00 (not discounted) 36mo with 10k security deposit, with lowered my .000120 10k miles? I was given the quote 881 without Los Angeles tax. how much should I pay for 10k n 12k miles? What would be the best way to go, security deposit or downpay + drive off. How much discount off MSRP should I ask? What is the mf and rv I should negotiate to get the best deal. I think they are charging me and arm n leg, esp if I have to come up with 10K security deposit. I am picking up the car today or tmw. Please help ASAP.
  • MichaellMichaell Moderator Posts: 252,235
    boredy said:

    What should be the monthly lease payment for 2018 GLC 43 SUV based on MSRP $62,163.00 (not discounted) 36mo with 10k security deposit, with lowered my .000120 10k miles? I was given the quote 881 without Los Angeles tax. how much should I pay for 10k n 12k miles? What would be the best way to go, security deposit or downpay + drive off. How much discount off MSRP should I ask? What is the mf and rv I should negotiate to get the best deal. I think they are charging me and arm n leg, esp if I have to come up with 10K security deposit. I am picking up the car today or tmw. Please help ASAP.

    .00140 and 52%.

    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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  • boredyboredy Member Posts: 19
    edited October 2017
    Hi Michael,
    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.

  • MichaellMichaell Moderator Posts: 252,235
    boredy said:

    Hi Michael,
    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.

    .00070 after 10 MSDs.

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  • boredyboredy Member Posts: 19
    How about the Residual Value? Thanks.
  • kyfdxkyfdx Moderator Posts: 253,614
    boredy said:

    How about the Residual Value? Thanks.

    MSDs have no effect on residual value

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  • boredyboredy Member Posts: 19
    I can't believe this, they gave me rv 56% n bumped the mf .00140 with 10k MSDs. 
  • MichaellMichaell Moderator Posts: 252,235
    boredy said:

    I can't believe this, they gave me rv 56% n bumped the mf .00140 with 10k MSDs. 

    So, the pre MSD MF is .00210?

    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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  • boredyboredy Member Posts: 19
    edited October 2017
    This is a European delivery order, factory rebate is 5% n I got additional 2% disc = 60,900. Dealer said and showed me add .0002??(Euro Delivery) to tiered 1. so after much and tiring negotiation, 2 choices. Which deal should I do with? I havent sign anything yet. I have to sign by end of month.
    #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?
  • MichaellMichaell Moderator Posts: 252,235
    boredy said:

    This is a European delivery order, factory rebate is 5% n I got additional 2% disc = 60,900. Dealer said and showed me add .002 (Euro Delivery) to tiered 1. so after much and tiring negotiation, 2 choices. Which deal should I do with? I havent sign anything yet. I have to sign by end of month.
    #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?

    Why is the RV different in the two scenarios? The use of MSD does not impact the residual value.

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  • boredyboredy Member Posts: 19
    Sorry the RV is 56% typo.

    Can you suggest something?
  • kyfdxkyfdx Moderator Posts: 253,614
    boredy said:

    Sorry the RV is 56% typo.

    Can you suggest something?

    Custom ordered a car for Euro Delivery. I don't think you have a lot of leverage. I'd ask them to apply the MSDs against the .00160 rate, which should get you to .00090. If they won't do it, then you have a decision to make.

    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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  • sallelujsalleluj Member Posts: 2
    Hi, could you provide the MF and RV for 2018 GLC43 SUV 36/10k in 60068 zip code? Thanks in advance.
  • boredyboredy Member Posts: 19
    If apply MSDs against .00160 rate, = .000.90 what should the monthly be?
  • MichaellMichaell Moderator Posts: 252,235
    salleluj said:

    Hi, could you provide the MF and RV for 2018 GLC43 SUV 36/10k in 60068 zip code? Thanks in advance.

    .00140 and 52%

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  • MichaellMichaell Moderator Posts: 252,235
    boredy said:

    If apply MSDs against .00160 rate, = .000.90 what should the monthly be?

    $878/mo plus tax, using the $62,163 MSRP and $60,900 selling price

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  • boredyboredy Member Posts: 19
    but the quote I was given monthly 836 with 9.5k made. I am confused now.. are you saying I am getting a deal here or? the rv is 56%. 
  • boredyboredy Member Posts: 19
    Sorry I am confused. Can someone explain why with msds the payment is more than with 3899 down? I am paying 9.5k 866.39, compared to 3899 814.42. There is 1870.92 diff with msds. please help.
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