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Car Buying Advice - 2017 e300 loaner P1 sport MF/RV

kmac_211kmac_211 Posts: 1
edited July 2017 in Mercedes-Benz
In searching for a 2017 e300 loaner to lease I have multiple dealers giving different RV on a 36/10.

58 -60%

What should the RV be on a 2017 e300 loaner with 5k miles? I ask because it appears that dealers lower the sales price, but lower the MV at the same time.

When it comes to MF they are all over the place. 3 dealers say Tier 1 credit is .00117 another .00172 and a third says .00160.

Thanks

Answers

  • kyfdxkyfdx Everywhere, USAPosts: 126,124
    kmac_211 said:

    In searching for a 2017 e300 loaner to lease I have multiple dealers giving different RV on a 36/10.

    58 -60%

    What should the RV be on a 2017 e300 loaner with 5k miles? I ask because it appears that dealers lower the sales price, but lower the MV at the same time.

    When it comes to MF they are all over the place. 3 dealers say Tier 1 credit is .00117 another .00172 and a third says .00160.

    Thanks

    Assuming the loaner qualifies for a new car lease (and it should), then the number is .00117 MF and 60% residual for 36/10.

    But, the residual will be reduced to account for the 5000 miles (maybe $1000-$1250?).

    Dealers can mark up the money factor for extra profit.

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

    Edmunds Moderator

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