Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Did you get a great deal? Let us know in the Values & Prices Paid section!
Meet your fellow owners in our Owners Clubs

2019 GLE 400 AWD !

visanicvisanic Posts: 41
edited February 2019 in Mercedes-Benz
Looking @ 2019 GLE 400;

Dealer offering $6000 off and mbfs will make up to 2 payments not to exceed $1500. so $7500 off of MSRP of $62,285..

Using .00035 MF, 36/10, 54% residual, no MSD's, 3% sales tax (NC) - I'm at $660 a month for my dream car w/ $1142 drive-off.

Is this a good deal? Also, it this residual correct for the this car?

Thanks!

Comments

  • kyfdxkyfdx Posts: 153,396
    visanic said:

    Looking @ 2019 GLE 400;

    Dealer offering $6000 off and mbfs will make up to 2 payments not to exceed $1500. so $7500 off of MSRP of $62,285..

    Using .00035 MF, 36/10, 54% residual, no MSD's, 3% sales tax (NC) - I'm at $660 a month for my dream car w/ $1142 drive-off.

    Is this a good deal? Also, it this residual correct for the this car?

    Thanks!

    .00054 MF and 54% residual
    $1000 incentive

    That money factor doesn't look right.

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

    Edmunds Moderator

  • OK 4 MSD's get me there based on that MF.
  • @kyfdx- you are absolutely right, MF is .00054. Thank you.
  • kyfdxkyfdx Posts: 153,396
    visanic said:

    @kyfdx- you are absolutely right, MF is .00054. Thank you.

    Don't forget the acquisition fee. And, dealer fee.

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

    Edmunds Moderator

  • @kyfdx- thanks I use the Leasehacker calculator which uses $795 for Acquisition fee and $80 dealer fee. Do those numbers seem in line?
  • kyfdxkyfdx Posts: 153,396
    visanic said:

    @kyfdx- thanks I use the Leasehacker calculator which uses $795 for Acquisition fee and $80 dealer fee. Do those numbers seem in line?

    $795 is the base fee. Dealers can mark it up to $1095.

    Dealer fees in NC tend to be in the $500-$800 range.

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

    Edmunds Moderator

  • OK, here's the deal I just got- looking for opinions---

    The residual on 10k miles is 53%. The money factor buy rate is correct at .00054.

    I apologize on remaining payments. Out of habit, the first payment is included in up fronts and 35 remain. So, I will take the first payment out of the up fronts and then they will make the second payment as well and you will have 34 remaining.

    Deal:

    36mths
    10k miles per year
    Price 56285
    Residual 53%
    Rate .00054
    Up fronts 1599.97
    Payment 715.54 includes tax
    LEV 33011.05

    To get 54% residual you can only get 7500 miles per year.





  • kyfdxkyfdx Posts: 153,396
    visanic said:

    OK, here's the deal I just got- looking for opinions---

    The residual on 10k miles is 53%. The money factor buy rate is correct at .00054.

    I apologize on remaining payments. Out of habit, the first payment is included in up fronts and 35 remain. So, I will take the first payment out of the up fronts and then they will make the second payment as well and you will have 34 remaining.

    Deal:

    36mths
    10k miles per year
    Price 56285
    Residual 53%
    Rate .00054
    Up fronts 1599.97
    Payment 715.54 includes tax
    LEV 33011.05

    To get 54% residual you can only get 7500 miles per year.





    I agree.. 53% for 36/10

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

    Edmunds Moderator

  • does this look like a good deal or do you think I have some more room to negotiate?
  • MichaellMichaell ColoradoPosts: 146,835
    kyfdx said:

    visanic said:

    OK, here's the deal I just got- looking for opinions---

    The residual on 10k miles is 53%. The money factor buy rate is correct at .00054.

    I apologize on remaining payments. Out of habit, the first payment is included in up fronts and 35 remain. So, I will take the first payment out of the up fronts and then they will make the second payment as well and you will have 34 remaining.

    Deal:

    36mths
    10k miles per year
    Price 56285
    Residual 53%
    Rate .00054
    Up fronts 1599.97
    Payment 715.54 includes tax
    LEV 33011.05

    To get 54% residual you can only get 7500 miles per year.

    I agree.. 53% for 36/10
    visanic said:

    does this look like a good deal or do you think I have some more room to negotiate?

    What is the MSRP?

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • 62,285 msrp
  • kyfdxkyfdx Posts: 153,396
    visanic said:

    62,285 msrp

    Yes, very reasonable.

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

    Edmunds Moderator

  • Thanks. Yes, I've been getting some ridiculously high quotes from other dealers. Appreciate the inputs!
Sign In or Register to comment.