GLA250 Lease

kvy1972

Just checking to see if this is a decent deal?
2018 Model/: 12k/36 mo
$32, 314 MSRP
MF= .00076
Residual: 55%
Doc fee: $699
Acquisition fee: $1,095
Monthly payment with $3k down= $398.06

kyfdx

kvy1972 said:

Just checking to see if this is a decent deal?
2018 Model/: 12k/36 mo
$32, 314 MSRP
MF= .00076
Residual: 55%
Doc fee: $699
Acquisition fee: $1,095
Monthly payment with $3k down= $398.06

FWD? .00026 MF and 55% residual
Money factor is marked up.
Acquisition fee is marked up from $795.

What is the selling price or adjusted CAP cost?

kvy1972

Thank you!
The MSRP is actually $36,025 and CAP is $32,314
Can money factor be negotiated or is that determined by bank?

kyfdx

kvy1972 said:

Thank you!
The MSRP is actually $36,025 and CAP is $32,314
Can money factor be negotiated or is that determined by bank?

The base money factor (.00026) is set by the bank.
This dealer has marked it up for extra profit.
The markup is negotiable.

With a $700 dealer fee and a $300 markup to the acquisition fee, they've already taken back $1000 of your discount.

The money factor markup is another $26/mo. added.