Hello! What is the MF and residual in the Los Angeles area for a GLE 350 4MATIC for a 36/7,500 lease? The dealer is telling me 53% residual. Seems low for only 7,500 miles. Thanks!
Hello! What is the MF and residual in the Los Angeles area for a GLE 350 4MATIC for a 36/7,500 lease? The dealer is telling me 53% residual. Seems low for only 7,500 miles. Thanks!
53% is the 36/15 residual; apparently, your dealer is unable to make the residual adjustment for the lower miles.
I am looking to lease a 2018 GLE43 Coupe and am getting the following number from the dealer in NY. The residual value is 53% and MF is 0.00125 (after negotiating). Does the monthly payment look right?
MSRP: $83,420 Cap Cost: $77,720 Acquisition cost: $1,095 Tire Protection (3Yr): $1,599 Maintenance (3Yr): $1,700 Sales Tax: $4042.46 (not sure how he got this) Total Cap Cost: $86,156,56 Residual Value: $45007.60 (not sure how he got this, I get $45,662.98 using 53% of total cap cost) Depreciation Value: $41148.79 Rent charge: $5902.13 Total Payments: $47,050.92 Monthly Payment: $1306.97
Need to pay upfront 1st month payment ($1306) + title/doc/inspection ($404.16) = $1711.13 out the door.
I am looking to lease a 2018 GLE43 Coupe and am getting the following number from the dealer in NY. The residual value is 53% and MF is 0.00125 (after negotiating). Does the monthly payment look right?
MSRP: $83,420 Cap Cost: $77,720 Acquisition cost: $1,095 Tire Protection (3Yr): $1,599 Maintenance (3Yr): $1,700 Sales Tax: $4042.46 (not sure how he got this) Total Cap Cost: $86,156,56 Residual Value: $45007.60 (not sure how he got this, I get $45,662.98 using 53% of total cap cost) Depreciation Value: $41148.79 Rent charge: $5902.13 Total Payments: $47,050.92 Monthly Payment: $1306.97
Need to pay upfront 1st month payment ($1306) + title/doc/inspection ($404.16) = $1711.13 out the door.
Thanks
Tee residual is based off the MSRP, not the cap cost.
And, the tire protection and maintenance are adding a cool $100/mo to the payment - I'd skip those.
The sales tax is on the sum of the payments; in your case, it is being added into the monthly payment.
With your numbers and prices, I get $1328/mo, so pretty close to the dealer quote.
Acquisition fee is marked up from the base of $795, too
Can I get confirmation on these numbers? GLE43 SUV 36/15k miles at 0.00165 MF and 0.53 residual seems like these are mercedes standard for feb?)
MSRP=75k Sell price=70k drive off fees $1700 (795 dealer fee + doc/registration) gross cap=71.7k adj cap = 70k (i'll pay the 1700) pretax payment = 1021.37
if i use MSDs (10max) my MF=0.00095 and my updated pretax payment = 944.54 whats normal to pay upfront vs. roll into the lease payment. Should I roll the dealer fee into lease payment?
Can I get confirmation on these numbers? GLE43 SUV 36/15k miles at 0.00165 MF and 0.53 residual seems like these are mercedes standard for feb?)
MSRP=75k Sell price=70k drive off fees $1700 (795 dealer fee + doc/registration) gross cap=71.7k adj cap = 70k (i'll pay the 1700) pretax payment = 1021.37
if i use MSDs (10max) my MF=0.00095 and my updated pretax payment = 944.54 whats normal to pay upfront vs. roll into the lease payment. Should I roll the dealer fee into lease payment?
thanks, this forum has been very helpful.
I confirm the MF and residual as listed.
I confirm the math, as well.
Only the first payment and registration costs (and MSD monies, if any) should be paid at signing. Add the acquisition and dealer fee into the monthly payment.
Is February the last month to be able to lease a 2017 Mercedes? I was told that there is a cut-off month and then you can only lease current year models.
Is February the last month to be able to lease a 2017 Mercedes? I was told that there is a cut-off month and then you can only lease current year models.
There is a cutoff, but it's not always the same for each and every model. But, that said, we don't know when they will stop supporting leases for the GLE. It could certainly be soon.
I received the below offer in NY for 2018 GLE 4matic for 36 month @ 12K miles per year.
MSRP: $67,055 RESIDUAL VALUE .53% RESIDUAL AMOUNT: $35539.15 MONEY FACTOR: 0.00018 SELLING PRICE: $58,829 INCENTIVE: $500 Total cap cost (with taxes upfront): $58,329 Total cap cost (with taxes in the payment): $60,632.26
Payment Details Term 36 Base Payment 649.95 Total Payment 649.95 Purchase Option 35,689.15 MSRP 67,055.00 Est. Miles Per Year 12,000 Disposition Fee 595.00 Excess Mileage Charge 0.25
Amount Due at Signing 1st Month Payment 649.95 Acquisition Fee 795.00 Fees & Insurance 242.50 Upfront Taxes 2,093.13 Total Inception Fees 3,780.58 Total Cash Required on Delivery 3,780.58
Do you think the monthly payment looks right? is this a good price?
Comments
GLE 350 AWD 36mo / 15K
MSRP 61,950
Selling price 54,600
MF 0.00050
Residual 53%
Monthly payment inc tax $692.07
Inception fees = 2,642.80
Break out of inception:
692.07 first month payment
329.50 registration fees
495.00 deal doc fee
32.79 tax on dealer doc fee
795.00 acquisition fee
7.50 was tire management fee
218.40 supplemental title fee @ 0.40%
72.54 tad on fees @ 6.625%
thanks in advance for any feedback.
We'd suggest you add the acquisition fee and dealer doc fee to the selling price to lessen your cash out of pocket.
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sorry, forgot to mention the mileage, it will be 36/7500
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Dealer can mark up the MF for extra cash in their pocket.
Tell them you won't sign a deal without the base MF, or you'll walk.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
36/7.5K is 57%
.00050 MF
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Can you please tell me what is the MF and RV for 2018 GLE43 Coupe for 36/10000 and 36/12000 miles in New York?
Thanks
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Can you please let me know the MF and RV for 2018 GLE 350 in Souther CA?
thank!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
MSRP: $83,420
Cap Cost: $77,720
Acquisition cost: $1,095
Tire Protection (3Yr): $1,599
Maintenance (3Yr): $1,700
Sales Tax: $4042.46 (not sure how he got this)
Total Cap Cost: $86,156,56
Residual Value: $45007.60 (not sure how he got this, I get $45,662.98 using 53% of total cap cost)
Depreciation Value: $41148.79
Rent charge: $5902.13
Total Payments: $47,050.92
Monthly Payment: $1306.97
Need to pay upfront 1st month payment ($1306) + title/doc/inspection ($404.16) = $1711.13 out the door.
Thanks
And, the tire protection and maintenance are adding a cool $100/mo to the payment - I'd skip those.
The sales tax is on the sum of the payments; in your case, it is being added into the monthly payment.
With your numbers and prices, I get $1328/mo, so pretty close to the dealer quote.
Acquisition fee is marked up from the base of $795, too
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
GLE43 SUV 36/15k miles at 0.00165 MF and 0.53 residual
seems like these are mercedes standard for feb?)
MSRP=75k
Sell price=70k
drive off fees $1700 (795 dealer fee + doc/registration)
gross cap=71.7k
adj cap = 70k (i'll pay the 1700)
pretax payment = 1021.37
if i use MSDs (10max) my MF=0.00095 and my updated pretax payment = 944.54
whats normal to pay upfront vs. roll into the lease payment. Should I roll the dealer fee into lease payment?
thanks, this forum has been very helpful.
I confirm the math, as well.
Only the first payment and registration costs (and MSD monies, if any) should be paid at signing. Add the acquisition and dealer fee into the monthly payment.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
550e - .00133 and 46%
GLE 43 - .00165 and 53%
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00056 MF and 56% residual
Add 1% for 7.5K/yr
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Can you tell me the MF and residual in Seattle area for a GLE 350 4MATIC for a 36/12. Dealer is telling me 55% residual and 0.00065 MF
Thanks!
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Thank you for the help, I really appreciate it!
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Thanks
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I received the below offer in NY for 2018 GLE 4matic for 36 month @ 12K miles per year.
MSRP: $67,055
RESIDUAL VALUE .53%
RESIDUAL AMOUNT: $35539.15
MONEY FACTOR: 0.00018
SELLING PRICE: $58,829
INCENTIVE: $500
Total cap cost (with taxes upfront): $58,329
Total cap cost (with taxes in the payment): $60,632.26
Payment Details
Term 36
Base Payment 649.95
Total Payment 649.95
Purchase Option 35,689.15
MSRP 67,055.00
Est. Miles Per Year 12,000
Disposition Fee 595.00
Excess Mileage Charge 0.25
Amount Due at Signing
1st Month Payment 649.95
Acquisition Fee 795.00
Fees & Insurance 242.50
Upfront Taxes 2,093.13
Total Inception Fees 3,780.58
Total Cash Required on Delivery 3,780.58
Do you think the monthly payment looks right? is this a good price?
Thanks in advance,