2019 GLE 400 AWD !

visanic

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!

kyfdx

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.

visanic

OK 4 MSD's get me there based on that MF.

visanic

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

kyfdx

visanic said:

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

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

visanic

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

kyfdx

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.

visanic

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.

kyfdx

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

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

Michaell

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?

visanic

62,285 msrp

kyfdx

visanic said:

62,285 msrp

Yes, very reasonable.

visanic

Thanks. Yes, I've been getting some ridiculously high quotes from other dealers. Appreciate the inputs!