2020 Mercedes Benz GLC-Class Lease Deals and Terms
suem1975
Member Posts: 15
Greetings - has anyone preleased a 2020 GLC300? My local dealer has a bunch "in transit" but not yet here. If so, I am looking for the MF, residual, and any lease incentives for the 2020 GLC300 FWD and AWD, zip code 33401. 36 months/7,500 miles. Thanks so much!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Hopefully, we will get numbers in September.
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If they exist, we haven't seen them, yet.
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from the dealer .. . . .
.00223 is more like it.
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New programs will be released on 9/4
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Thank you !
.00133 MF and 57% residual
$500 incentive
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$500 incentive
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$500 incentive
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$500 incentive - dealer incentive, so will be included in any offer made.
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$500 incentive
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Just got a tremendous deal at Foothill Ranch Mercedes on a 2020 GLC. I'd rather not get into actual prices but I'm a repeat customer and was driving up (to Orange County) from San Diego, where the deal on the exact car was 4% below MSRP. Car was fully loaded. The dealer inundated me with a bunch of numbers that I needed time to process, since I really wasn't in a buying mood and hadn't refreshed my knowledge of leasing terms, etc. PLUS, our lease still had 11 months go go. They obviously wanted me to do a deal then and there, including five month's payment waiver by Mercedes, which is part of the current program for "E" class cars, which we had previously.
It was way too much to process on the spot. My wife and I walked out but tried to get answers to our questions a day later via email; DAYS later we still hadn't gotten the answers, but by then we called Foothill, where we had bought our last car. The guy who sold us our last car, now sales manager, said we should wait a day because the new programs were coming out. Meanwhile, I called our San Diego salesman back (I liked the guy) and asked why we hadn't received answers to our questions. All I wanted was apples/apples comparisons on 24/36-month leases using MSD and single-pay. The guy said they had changed email servers and he never got my email. (Doubtful – plus, I would have thought he would have called ME. I figured we were pegged as a waste of time.)
The current Mercedes program, as others have said, is .00092 MF, which is something like an interest rate of 2.2%. I used 10 multiple security deposits and the MF went down to a ridiculously low .00022, which is equal to a smidge higher than half a percent. (A single-pay is .00011, which is equal to about a quarter of a percent.) Residual on the 3-year: 55%.
Unless I am missing something, I still have no idea why most people don't do multiple deposits. Rather than a downpayment, you get a lower MF AND you get your money back at the end. This is the second car I've done an MSD on.
Kicker: No sooner did we start driving the NEW car away from the dealer that the salesman from the San Diego dealer called, leaving a message – wondering if we had received his email from the day before. We hadn't.
Long-story short: Got the car for considerably less than the San Diego dealer offered on the first-go round. I'm guessing they would not have gone anywhere NEAR this price. And by waiting a few days we got MUCH lower MF than the prior offer.
Thanks for the report.
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No GLC43 numbers, this month
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Thanks !
No incentives
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36 months/ 7,500 miles per year Zip is 90004
If SUV, RWD or AWD?
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If SUV, RWD or AWD?
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$500 dealer incentive
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$500 dealer incentive
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$500 dealer incentive
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$1000 dealer incentive
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No incentives
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