Looking for constructive advice on the following quote:
2019 GLC 300 4x2 (w/ nav) 36 months / 7,500 Total after fees, maint, and tint: $42,004.09
Lease payment: $572.00
Is this high?
What is the MSRP? What is your location? What is the amount Due at Signing?
MSRP: $44,895 Location Tampa, FL 0 due at signing
.00123 MF and 57% residual $1000 winter event bonus
If your total = Adjusted CAP cost, I get $539/mo.+tax, which looks pretty close
If you had a breakdown of what makes up the $42004, we might have a better idea, but it looks reasonable, for ZERO due at signing (not even first payment?)
Doing this for a friend, so I am not positive if they are putting down first payment. They are turning in old lease, which may complicate things. Here is the breakdown from the quote they sent to me.
Looking for constructive advice on the following quote:
2019 GLC 300 4x2 (w/ nav) 36 months / 7,500 Total after fees, maint, and tint: $42,004.09
Lease payment: $572.00
Is this high?
What is the MSRP? What is your location? What is the amount Due at Signing?
MSRP: $44,895 Location Tampa, FL 0 due at signing
.00123 MF and 57% residual $1000 winter event bonus
If your total = Adjusted CAP cost, I get $539/mo.+tax, which looks pretty close
If you had a breakdown of what makes up the $42004, we might have a better idea, but it looks reasonable, for ZERO due at signing (not even first payment?)
Doing this for a friend, so I am not positive if they are putting down first payment. They are turning in old lease, which may complicate things. Here is the breakdown from the quote they sent to me.
Have to love those dealer fees in Florida (not) That price doesn't have the acquisition fee listed. I'd find out the exact amount Due at Signing. Cash Down = 0 can mean just about anything.
Even if it's first payment due at signing, it's not a bad deal.
Here is the full numbers of the quote I get, is this a good deal? 2019 GLC 300 4MATIC 36/10k MSRP $46,665 Sale Price $38,665 MF .00114 Residual 56% 0 downpay $486 / month zipcode 94560
Here is the full numbers of the quote I get, is this a good deal? 2019 GLC 300 4MATIC 36/10k MSRP $46,665 Sale Price $38,665 MF .00114 Residual 56% 0 downpay $486 / month zipcode 94560
I get $422/mo, plus tax, with those prices.
Is it $0 down, or $0 drive off? They are not the same.
Ask the dealer for the adjusted CAP cost used with their quote.
Here is the full numbers of the quote I get, is this a good deal? 2019 GLC 300 4MATIC 36/10k MSRP $46,665 Sale Price $38,665 MF .00114 Residual 56% 0 downpay $486 / month zipcode 94560
I get $422/mo, plus tax, with those prices.
Is it $0 down, or $0 drive off? They are not the same.
Ask the dealer for the adjusted CAP cost used with their quote.
It turns out they gave me a wrong model through the phone. Here is the full offer 2019 GLC 300, 36/10k, california (base MF 0.00123, Residual 56%) MSRP $46,665.00 Sales $38,665.00 Acquisition $1,095.00 Prepaid Maintenance $785.00 Gross Capitalized Cost $40,545.00 Capitalized Cost Reduction $20.74 Adjusted Capitalized Cost $40,524.26 Residual Value $26,572.00 Depreciation/Amortized $13,952.26 Rent Charge $1,280.06 Total Base Monthly Payments $15,232.32 Lease Term $36.00 Base Monthly Payments $423.12 Monthly Sales Tax $41.25 Total Monthly Payment $464.37
Drive Off First Total Monthly Payment $464.37 Capitalized Cost Reduction $20.74 Sales Tax $9.82 10 MSDs $5,500.00 Registration/Title $276.00 License $252.00 Doc $80.00 Filing $30.00 California Tire Fee $7.00 Total Drive Off $6,639.93
Did they make money out me on the "Rent Charge" ($1280.06)? Also I don't know how they get the Residual Value of $26572, if I'm correct with the residual of 56% then it should be $26132.4
Here is the full numbers of the quote I get, is this a good deal? 2019 GLC 300 4MATIC 36/10k MSRP $46,665 Sale Price $38,665 MF .00114 Residual 56% 0 downpay $486 / month zipcode 94560
I get $422/mo, plus tax, with those prices.
Is it $0 down, or $0 drive off? They are not the same.
Ask the dealer for the adjusted CAP cost used with their quote.
It turns out they gave me a wrong model through the phone. Here is the full offer 2019 GLC 300, 36/10k, california (base MF 0.00123, Residual 56%) MSRP $46,665.00 Sales $38,665.00 Acquisition $1,095.00 Prepaid Maintenance $785.00 Gross Capitalized Cost $40,545.00 Capitalized Cost Reduction $20.74 Adjusted Capitalized Cost $40,524.26 Residual Value $26,572.00 Depreciation/Amortized $13,952.26 Rent Charge $1,280.06 Total Base Monthly Payments $15,232.32 Lease Term $36.00 Base Monthly Payments $423.12 Monthly Sales Tax $41.25 Total Monthly Payment $464.37
Drive Off First Total Monthly Payment $464.37 Capitalized Cost Reduction $20.74 Sales Tax $9.82 10 MSDs $5,500.00 Registration/Title $276.00 License $252.00 Doc $80.00 Filing $30.00 California Tire Fee $7.00 Total Drive Off $6,639.93
Did they make money out me on the "Rent Charge" ($1280.06)? Also I don't know how they get the Residual Value of $26572, if I'm correct with the residual of 56% then it should be $26132.4
They added the maintenance to the MSRP, which makes the residual amount correct.
Yes, the rent charge is similar to interest on a traditional loan.
Is the new quote for RWD or 4Matic?
Base MF is .00123 for RWD, and .00114 for 4Matic, before applying the MSDs.
Here is the full numbers of the quote I get, is this a good deal? 2019 GLC 300 4MATIC 36/10k MSRP $46,665 Sale Price $38,665 MF .00114 Residual 56% 0 downpay $486 / month zipcode 94560
I get $422/mo, plus tax, with those prices.
Is it $0 down, or $0 drive off? They are not the same.
Ask the dealer for the adjusted CAP cost used with their quote.
It turns out they gave me a wrong model through the phone. Here is the full offer 2019 GLC 300, 36/10k, california (base MF 0.00123, Residual 56%) MSRP $46,665.00 Sales $38,665.00 Acquisition $1,095.00 Prepaid Maintenance $785.00 Gross Capitalized Cost $40,545.00 Capitalized Cost Reduction $20.74 Adjusted Capitalized Cost $40,524.26 Residual Value $26,572.00 Depreciation/Amortized $13,952.26 Rent Charge $1,280.06 Total Base Monthly Payments $15,232.32 Lease Term $36.00 Base Monthly Payments $423.12 Monthly Sales Tax $41.25 Total Monthly Payment $464.37
Drive Off First Total Monthly Payment $464.37 Capitalized Cost Reduction $20.74 Sales Tax $9.82 10 MSDs $5,500.00 Registration/Title $276.00 License $252.00 Doc $80.00 Filing $30.00 California Tire Fee $7.00 Total Drive Off $6,639.93
Did they make money out me on the "Rent Charge" ($1280.06)? Also I don't know how they get the Residual Value of $26572, if I'm correct with the residual of 56% then it should be $26132.4
They added the maintenance to the MSRP, which makes the residual amount correct.
Yes, the rent charge is similar to interest on a traditional loan.
Is the new quote for RWD or 4Matic?
Base MF is .00123 for RWD, and .00114 for 4Matic, before applying the MSDs.
It's RWD, the base MF is 0.00123, after 10 MSDs should be down to 0.00053. Do you think this is a fair deal?
Here is the full numbers of the quote I get, is this a good deal? 2019 GLC 300 4MATIC 36/10k MSRP $46,665 Sale Price $38,665 MF .00114 Residual 56% 0 downpay $486 / month zipcode 94560
I get $422/mo, plus tax, with those prices.
Is it $0 down, or $0 drive off? They are not the same.
Ask the dealer for the adjusted CAP cost used with their quote.
It turns out they gave me a wrong model through the phone. Here is the full offer 2019 GLC 300, 36/10k, california (base MF 0.00123, Residual 56%) MSRP $46,665.00 Sales $38,665.00 Acquisition $1,095.00 Prepaid Maintenance $785.00 Gross Capitalized Cost $40,545.00 Capitalized Cost Reduction $20.74 Adjusted Capitalized Cost $40,524.26 Residual Value $26,572.00 Depreciation/Amortized $13,952.26 Rent Charge $1,280.06 Total Base Monthly Payments $15,232.32 Lease Term $36.00 Base Monthly Payments $423.12 Monthly Sales Tax $41.25 Total Monthly Payment $464.37
Drive Off First Total Monthly Payment $464.37 Capitalized Cost Reduction $20.74 Sales Tax $9.82 10 MSDs $5,500.00 Registration/Title $276.00 License $252.00 Doc $80.00 Filing $30.00 California Tire Fee $7.00 Total Drive Off $6,639.93
Did they make money out me on the "Rent Charge" ($1280.06)? Also I don't know how they get the Residual Value of $26572, if I'm correct with the residual of 56% then it should be $26132.4
They added the maintenance to the MSRP, which makes the residual amount correct.
Yes, the rent charge is similar to interest on a traditional loan.
Is the new quote for RWD or 4Matic?
Base MF is .00123 for RWD, and .00114 for 4Matic, before applying the MSDs.
It's RWD, the base MF is 0.00123, after 10 MSDs should be down to 0.00053. Do you think this is a fair deal?
I got a lease deal on a 2019 GLC Coupe in 90292. MF and residual value were as quoted by the moderators on this thread, and I put $$ down to cover my drive offs and first month payment. I wanted to put down MSDs to reduce my monthly payments even more, but the finance mgr (supposedly a friend of a friend) discouraged it sharply, saying I’d lose it if the car were totaled. My understanding was different, since MSDs don’t reduce cap cost, and I thought gap insurance and my insurance company would pay out car’s value if it were totaled and then MBF would return my MSDs. On this forum, some former lessees of different car makes got their MSDs back after their car was totaled, but there doesn’t seem to be a clear consensus on if Mercedes MSDs are fully refundable. Thoughts?
I got a lease deal on a 2019 GLC Coupe in 90292. MF and residual value were as quoted by the moderators on this thread, and I put $$ down to cover my drive offs and first month payment. I wanted to put down MSDs to reduce my monthly payments even more, but the finance mgr (supposedly a friend of a friend) discouraged it sharply, saying I’d lose it if the car were totaled. My understanding was different, since MSDs don’t reduce cap cost, and I thought gap insurance and my insurance company would pay out car’s value if it were totaled and then MBF would return my MSDs. On this forum, some former lessees of different car makes got their MSDs back after their car was totaled, but there doesn’t seem to be a clear consensus on if Mercedes MSDs are fully refundable. Thoughts?
Everything we've heard is they are refundable. I'd guess if there are any issues, it would be between you and your insurance company, and their understanding of MSDs
I am heading to the dealership today, any help would be greatly appreciated.
.00136 MF I can't see your term or mileage allowance Is it 36 mo, 7.5K/yr? If so, I agree with the 56% residual Your money factor is marked up You have $499 for "aftermarkets" (is that tint?) Also, a $499 doc fee (money for nothing) The acquisition fee is marked up from $795 to $1095.
The $5800 discount seems good, but they are clawing some of that back with inflated fees, and a marked up money factor.
The money factor markup alone is adding $40/mo. to the payment
Did the MF for 85016 go up? I looked on the website today and it says the lease rate is 3.99. I’m trying to lease a 2019 glc 300 rwd 3 year 10,000 miles
Did the MF for 85016 go up? I looked on the website today and it says the lease rate is 3.99. I’m trying to lease a 2019 glc 300 rwd 3 year 10,000 miles
3.99 wouldn't be a lease rate. That looks like an APR
New programs started on Tuesday .00136 MF and 55% residual $1000 incentive
Comments
That price doesn't have the acquisition fee listed.
I'd find out the exact amount Due at Signing.
Cash Down = 0 can mean just about anything.
Even if it's first payment due at signing, it's not a bad deal.
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2019 GLC 300 4MATIC MSRP $46,645 Sales Price $40,000
$1000 winter sale discount applied
Thanks!
MSRP $46,665 Sales Price 38,665
All discount applied, including Costco memebership
Is this a good deal?
https://www.edmunds.com/tmv.html
Of course,. this deal is better than the first one.
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2019 GLC 300 4MATIC
36/10k
MSRP $46,665
Sale Price $38,665
MF .00114
Residual 56%
0 downpay
$486 / month
zipcode 94560
Is it $0 down, or $0 drive off? They are not the same.
Ask the dealer for the adjusted CAP cost used with their quote.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
7.5k / 10k 36 months
Residuals, MF and Incentives for Minnesota (55404)
Thank you.
.00114 and 56%
$1000 winter event bonus
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Could you please let me know the MF and residual for GLC300 RWD 24/10K&15k? Zip 192617. Thanks!
Could you please let me know the MF and residual for GLC300 RWD 24/10K&15k? Zip 92617. Thanks!
.00123 and 61%
$1000 winter event bonus
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Here is the full offer
2019 GLC 300, 36/10k, california (base MF 0.00123, Residual 56%)
MSRP $46,665.00
Sales $38,665.00
Acquisition $1,095.00
Prepaid Maintenance $785.00
Gross Capitalized Cost $40,545.00
Capitalized Cost Reduction $20.74
Adjusted Capitalized Cost $40,524.26
Residual Value $26,572.00
Depreciation/Amortized $13,952.26
Rent Charge $1,280.06
Total Base Monthly Payments $15,232.32
Lease Term $36.00
Base Monthly Payments $423.12
Monthly Sales Tax $41.25
Total Monthly Payment $464.37
Drive Off
First Total Monthly Payment $464.37
Capitalized Cost Reduction $20.74
Sales Tax $9.82
10 MSDs $5,500.00
Registration/Title $276.00
License $252.00
Doc $80.00
Filing $30.00
California Tire Fee $7.00
Total Drive Off $6,639.93
Did they make money out me on the "Rent Charge" ($1280.06)? Also I don't know how they get the Residual Value of $26572, if I'm correct with the residual of 56% then it should be $26132.4
Yes, the rent charge is similar to interest on a traditional loan.
Is the new quote for RWD or 4Matic?
Base MF is .00123 for RWD, and .00114 for 4Matic, before applying the MSDs.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
It's RWD, the base MF is 0.00123, after 10 MSDs should be down to 0.00053.
Do you think this is a fair deal?
Can you please let me know the MF and residual for GLC300 RWD 36/10k,and any incentives? zip 91701. Thanks
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$1000 winter event bonus
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.00124 and 51%
$1000 incentive
2018 GLC lease thread is here:
https://forums.edmunds.com/discussion/46515/mercedes-benz/glc-class/2018-mercedes-glc-class-lease-deals-and-prices#latest
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
12000 miles 36 month
$1000 winter event bonus
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Thanks!
$4460 lease bonus
$1000 winter event bonus
Yes on MSDs. Total reduction of .00070 with 10 deposits
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$1000 incentives
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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
What is the MSRP? I don't see it on your screen shot.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I can't see your term or mileage allowance
Is it 36 mo, 7.5K/yr? If so, I agree with the 56% residual
Your money factor is marked up
You have $499 for "aftermarkets" (is that tint?)
Also, a $499 doc fee (money for nothing)
The acquisition fee is marked up from $795 to $1095.
The $5800 discount seems good, but they are clawing some of that back with inflated fees, and a marked up money factor.
The money factor markup alone is adding $40/mo. to the payment
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New programs started on Tuesday
.00136 MF and 55% residual
$1000 incentive
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Are the numbers any different for retired service loaners?
Thanks!
.00127 MF and 54% residual
$1000 incentive
Residuals are likely to be lower, to account for mileage
But, we don't have the details for Mercedes
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