2020 Mercedes Benz GLC-Class Lease Deals and Prices

kyfdx

greatnewcar4ex said:

Thank you, KYFDX, for such a speedy and complete reply.
One more thing, if you'd please. MB loyalty money direct to customer?
One dealer told me it exists for my proposed lease, the other said he would look into it as of last night didn't know about it.
Is there $1,000 of loyalty money for owner of recent MB?

Yes, $1000 loyalty

greatnewcar4ex

Thanks again.
So I just got information that the $1000 loyalty only applies to consumers currently carrying any sort of loan balance or lease agreement with MB financial. Thus, my Benz that I own free and clear doesn't qualify me. For the sake of future inquiries in addition to this one, does that ring true?

Michaell

greatnewcar4ex said:

Thanks again.
So I just got information that the $1000 loyalty only applies to consumers currently carrying any sort of loan balance or lease agreement with MB financial. Thus, my Benz that I own free and clear doesn't qualify me. For the sake of future inquiries in addition to this one, does that ring true?

From our information:

Eligible Customers: Customers that currently have an active Mercedes-Benz Financial Services Finance, Lease or Walkaway Balloon Account or have concluded such an account after October 1, 2019

greatnewcar4ex

Very nice. Thank you so much for your generous help. Also, now we have that down here for future inquiries.
Unfortunately for me, I don't qualify for that loyalty amount - but others should be sure to ask for it, not every dealer seems as informed as they could be.

fire_striking

May I please have the MF, residual, and incentives for a 2020 GLC 300 4Matic SUV?

24/36 months, 7.5/10k

zip 24060.

Thank you!

kyfdx

fire_striking said:

May I please have the MF, residual, and incentives for a 2020 GLC 300 4Matic SUV?

24/36 months, 7.5/10k

zip 24060.

Thank you!

.00058 MF
61%/55% residual for 24/36 mo, 10K/yr

$500 incentive

greatnewcar4ex

Several dealers in SE MI for 2020 GLC300 quote MF at .001 at present. Not terrible, but different than .00058.
MSD x 8 gets MF down to .00044. The financial analysis is clear, the return on MSD investment is a huge effective after tax 11.5% based on the savings over the course of my lease. There is nowhere else I can expect such a stellar and safe return by parking what to me is a little cash that I get back later.
So, experts, any reason not to generously give MSDs? I only come up with possible complication if ever deciding to seek a swap?

Michaell

greatnewcar4ex said:

Several dealers in SE MI for 2020 GLC300 quote MF at .001 at present. Not terrible, but different than .00058.
MSD x 8 gets MF down to .00044. The financial analysis is clear, the return on MSD investment is a huge effective after tax 11.5% based on the savings over the course of my lease. There is nowhere else I can expect such a stellar and safe return by parking what to me is a little cash that I get back later.
So, experts, any reason not to generously give MSDs? I only come up with possible complication if ever deciding to seek a swap?

No downside to using MSDs. As noted, the return on that money is far greater than anything you see elsewhere.

But, I'd continue to seek out a dealer that will honor the .00058 base rate, before MSDs.

greatnewcar4ex

thank you. Yes, it's a great use of my money. I'd like to get in the business of using my money that way for other people ;-).

I hear you on that MF base rate. The problem is, I found a retired service loaner and it's a rare duck with stuff I need to have. There's not another car around new in the region or a retired loaner with the same gear. The service loaner discount obviously is quite a bit deeper anyway. I'm sort of trapped by that car into the higher MF despite my having asked about it. I'll push more, thanks to this information.

May I ask, though, what basis do I as the customer really have for asserting let alone demonstrating that the actual MF rate should start off at the .00058 rather than the .001? It's not like I can wave an official document in their face and tell them they're charging me too much, so I'm kind of at a loss other than for saying the forum told me so.

kyfdx

greatnewcar4ex said:

thank you. Yes, it's a great use of my money. I'd like to get in the business of using my money that way for other people ;-).

I hear you on that MF base rate. The problem is, I found a retired service loaner and it's a rare duck with stuff I need to have. There's not another car around new in the region or a retired loaner with the same gear. The service loaner discount obviously is quite a bit deeper anyway. I'm sort of trapped by that car into the higher MF despite my having asked about it. I'll push more, thanks to this information.

May I ask, though, what basis do I as the customer really have for asserting let alone demonstrating that the actual MF rate should start off at the .00058 rather than the .001? It's not like I can wave an official document in their face and tell them they're charging me too much, so I'm kind of at a loss other than for saying the forum told me so.

Are you sure this isn't a RWD model?
The base rate on RWD models is .00100.

If it is AWD, just tell them you are disappointed with the MF markup.

greatnewcar4ex

4matic, assuredly. (Never any 2wd inventory in my location.)
I'll state that my sources confirm there's .00058 that applies to awd before MSD, and push them to fix the "error."
Thanks.

Nepster

Hi All,

Can i have RV, MF for GLC 300 loaner with 4K Miles for Zip 29708 for both AWD and RWD.

36/12 Miles

Also is there any Incentive/Discount available for Loaner.

Thank you .

greatnewcar4ex

Is MF determined solely by the location of the dealership? I don't recall getting asked my ZIP code before a quote, so I presume it does not go by the customer's zip code.

Michaell

Nepster said:

Hi All,

Can i have RV, MF for GLC 300 loaner with 4K Miles for Zip 29708 for both AWD and RWD.

36/12 Miles

Also is there any Incentive/Discount available for Loaner.

Thank you .

RWD - .00100 and 56%
AWD - .00058 and 54%
$500 dealer cash

You'll want a bigger discount due to the loaner status, but we don't track prices.

Michaell

greatnewcar4ex said:

Is MF determined solely by the location of the dealership? I don't recall getting asked my ZIP code before a quote, so I presume it does not go by the customer's zip code.

The MB lease programs are national, this month.

greatnewcar4ex

Thank you for the response about National this month. If you don't mind, is there a name for this promotional rate program?

From my research, pretty much any retired loaner gets $6,000 discount from MSRP plus or minus, at least I looked at GLE and GLC and found that was the general rule of thumb. Additionally, 500 program to dealer. Then anything else you qualify for or negotiate.

Michaell

greatnewcar4ex said:

Thank you for the response about National this month. If you don't mind, is there a name for this promotional rate program?

From my research, pretty much any retired loaner gets $6,000 discount from MSRP plus or minus, at least I looked at GLE and GLC and found that was the general rule of thumb. Additionally, 500 program to dealer. Then anything else you qualify for or negotiate.

It's just the lease programs from MBFS, no special name for it.

Nepster

Michaell said:

Nepster said:

Hi All,

Can i have RV, MF for GLC 300 loaner with 4K Miles for Zip 29708 for both AWD and RWD.

36/12 Miles

Also is there any Incentive/Discount available for Loaner.

Thank you .

RWD - .00100 and 56%
AWD - .00058 and 54%
$500 dealer cash

You'll want a bigger discount due to the loaner status, but we don't track prices.

This is first Lease of my Life, So Trying to figure out the Numbers.

This is what I'm getting

MSRP 50975
Destination Delivery: 995
Totall : 51970
Discount : 7572
Selling Price : 45677
RV: 28534
MF :.00028 with 10 MSD

Please help if it looks good ?

Thanks,

Michaell

Nepster said:

Michaell said:

Nepster said:

Hi All,

Can i have RV, MF for GLC 300 loaner with 4K Miles for Zip 29708 for both AWD and RWD.

36/12 Miles

Also is there any Incentive/Discount available for Loaner.

Thank you .

RWD - .00100 and 56%
AWD - .00058 and 54%
$500 dealer cash

You'll want a bigger discount due to the loaner status, but we don't track prices.

This is first Lease of my Life, So Trying to figure out the Numbers.

This is what I'm getting

MSRP 50975
Destination Delivery: 995
Totall : 51970
Discount : 7572
Selling Price : 45677
RV: 28534
MF :.00028 with 10 MSD

Please help if it looks good ?

Thanks,

Is this quote for RWD or AWD?

Nepster

Michaell said:

Nepster said:

Michaell said:

Nepster said:

Hi All,

Can i have RV, MF for GLC 300 loaner with 4K Miles for Zip 29708 for both AWD and RWD.

36/12 Miles

Also is there any Incentive/Discount available for Loaner.

Thank you .

RWD - .00100 and 56%
AWD - .00058 and 54%
$500 dealer cash

You'll want a bigger discount due to the loaner status, but we don't track prices.

This is first Lease of my Life, So Trying to figure out the Numbers.

This is what I'm getting

MSRP 50975
Destination Delivery: 995
Totall : 51970
Discount : 7572
Selling Price : 45677
RV: 28534
MF :.00028 with 10 MSD

Please help if it looks good ?

Thanks,

Is this quote for RWD or AWD?

AWD.

Michaell

Nepster said:

Michaell said:

Nepster said:

Michaell said:

Nepster said:

Hi All,

Can i have RV, MF for GLC 300 loaner with 4K Miles for Zip 29708 for both AWD and RWD.

36/12 Miles

Also is there any Incentive/Discount available for Loaner.

Thank you .

RWD - .00100 and 56%
AWD - .00058 and 54%
$500 dealer cash

You'll want a bigger discount due to the loaner status, but we don't track prices.

This is first Lease of my Life, So Trying to figure out the Numbers.

This is what I'm getting

MSRP 50975
Destination Delivery: 995
Totall : 51970
Discount : 7572
Selling Price : 45677
RV: 28534
MF :.00028 with 10 MSD

Please help if it looks good ?

Thanks,

Is this quote for RWD or AWD?

AWD.

The MF is marked up to .00098, before applying the MSDs. Ask them to start with the base MF of .00058, where you'll only need to use 5 MSDs to get the MF down to .00008.

Besides the MSD monies, how much is due at signing for this quote?

Nepster

Michaell said:

Nepster said:

Michaell said:

Nepster said:

Michaell said:

Nepster said:

Hi All,

Can i have RV, MF for GLC 300 loaner with 4K Miles for Zip 29708 for both AWD and RWD.

36/12 Miles

Also is there any Incentive/Discount available for Loaner.

Thank you .

RWD - .00100 and 56%
AWD - .00058 and 54%
$500 dealer cash

You'll want a bigger discount due to the loaner status, but we don't track prices.

This is first Lease of my Life, So Trying to figure out the Numbers.

This is what I'm getting

MSRP 50975
Destination Delivery: 995
Totall : 51970
Discount : 7572
Selling Price : 45677
RV: 28534
MF :.00028 with 10 MSD

Please help if it looks good ?

Thanks,

Is this quote for RWD or AWD?

AWD.

The MF is marked up to .00098, before applying the MSDs. Ask them to start with the base MF of .00058, where you'll only need to use 5 MSDs to get the MF down to .00008.

Besides the MSD monies, how much is due at signing for this quote?

Thanks, Thats what I have asked them after doing some readings. This deal has 0 down.

One question, He is allowing up to 10 MDS, so why not 10 Instead of 5 , would 5 MDSs bring down base MF to 0.00023 ?

kyfdx

Nepster said:

Michaell said:

Nepster said:

Michaell said:

Nepster said:

Michaell said:

Nepster said:

Hi All,

Can i have RV, MF for GLC 300 loaner with 4K Miles for Zip 29708 for both AWD and RWD.

36/12 Miles

Also is there any Incentive/Discount available for Loaner.

Thank you .

RWD - .00100 and 56%
AWD - .00058 and 54%
$500 dealer cash

You'll want a bigger discount due to the loaner status, but we don't track prices.

This is first Lease of my Life, So Trying to figure out the Numbers.

This is what I'm getting

MSRP 50975
Destination Delivery: 995
Totall : 51970
Discount : 7572
Selling Price : 45677
RV: 28534
MF :.00028 with 10 MSD

Please help if it looks good ?

Thanks,

Is this quote for RWD or AWD?

AWD.

The MF is marked up to .00098, before applying the MSDs. Ask them to start with the base MF of .00058, where you'll only need to use 5 MSDs to get the MF down to .00008.

Besides the MSD monies, how much is due at signing for this quote?

Thanks, Thats what I have asked them after doing some readings. This deal has 0 down.

One question, He is allowing up to 10 MDS, so why not 10 Instead of 5 , would 5 MDSs bring down base MF to 0.00023 ?

Each deposit lowers the MF by .00007.
7 MSDs would lower the MF to .00009, if starting from the base MF

meeso_pp

Hi, when will the June MF and incentives be announced for the MB GLC?

Michaell

meeso_pp said:

Hi, when will the June MF and incentives be announced for the MB GLC?

New programs will be released June 2nd. May be a day or two before we see them.

greatnewcar4ex

I just heard the $500 cash to dealer program ends this month, so do your deals today or tomorrow before June 1st to lock in that bonus. Of course, I don't know if something better is coming. My guy just told me he was informed that it was disappearing in that there wasn't something replacing it.

greatnewcar4ex

Michaell and kyfdx,
Thank you both for the excellent information and encouragement on this forum. I got my .00058 that I would not have had without you, and I tossed in eight MSDs. Now at .00002, couldn't go any lower. The MSDs alone were worth $46 a month for my particular lease, I can't get that effective rate of return on that kind of safe investment (11.5% AFTER TAX!) if I kept 10 times the amount of money in some sort of cash equivalent.
One final thought, I went to into this thinking of a 3-year or maybe 39-month lease, and the 39-month was cheaper enough to make it worthwhile. I also got quoted on the 48-month option. The last 9 months cost an extra $200 a month. In other words, the difference in my total taxed lease payments outlay between 39 months and 48 months, the delta in how much I would pay in total for either the shorter or the longer lease, when divided by the extra 9 months means I'll keep that same car 9 more months for the effective total rate of $199.60 a month with tax. The car will still be under warranty, I shuffle between winter and summer tires so I won't need to buy new ones over that time, it was a no-brainer decision. Just like the MSDs. The alternative is getting a new expensive lease that much sooner. I tend to keep my cars longer than 3 years anyway.
So I'll be looking forward to perhaps getting a second generation 2024 GLC which comes out during calendar year 2022 (whether it's introduced as a 22 or 23 in this country I don't know).
Again, thank you to this forum.

kyfdx

greatnewcar4ex said:

Michaell and kyfdx,
Thank you both for the excellent information and encouragement on this forum. I got my .00058 that I would not have had without you, and I tossed in eight MSDs. Now at .00002, couldn't go any lower. The MSDs alone were worth $46 a month for my particular lease, I can't get that effective rate of return on that kind of safe investment (11.5% AFTER TAX!) if I kept 10 times the amount of money in some sort of cash equivalent.
One final thought, I went to into this thinking of a 3-year or maybe 39-month lease, and the 39-month was cheaper enough to make it worthwhile. I also got quoted on the 48-month option. The last 9 months cost an extra $200 a month. In other words, the difference in my total taxed lease payments outlay between 39 months and 48 months, the delta in how much I would pay in total for either the shorter or the longer lease, when divided by the extra 9 months means I'll keep that same car 9 more months for the effective total rate of $199.60 a month with tax. The car will still be under warranty, I shuffle between winter and summer tires so I won't need to buy new ones over that time, it was a no-brainer decision. Just like the MSDs. The alternative is getting a new expensive lease that much sooner. I tend to keep my cars longer than 3 years anyway.
So I'll be looking forward to perhaps getting a second generation 2024 GLC which comes out during calendar year 2022 (whether it's introduced as a 22 or 23 in this country I don't know).
Again, thank you to this forum.

Congrats! Thanks for the report.

croco8dile

Hi guys,
On May 24, I have asked for the MF & RV at Zip 95129 & 95148 on the 2020 Mercedes-Benz GLC 300 4MATIC SUV, and have quickly got the following data from kyfdx (thanks a lot for that!!):
36mos / 10k miles per year
AWD - .00058 and 55%
$500 dealer cash.

Today when I talked with one dealer, they said my desired GLC300 is in a different location and can't do the MF at .00058, instead, they can only do it at .00108. The other option is I pick up another GLC300 in their current stock (which does not have the option I want), and they can do it at .00058.

Is the MF supposed to be fixed, or it all depends on the dealer's willingness to provide? I guess my question is: is MF a negotiable factor or it's a factor that is always fixed without any room for negotiation? Also, the dealer said there is no $500 dealer cash. I guess this one should be negotiable...

First time leasing a car, still learning the various tricks of this game. Anyone has an idea about my situation here?

kyfdx

croco8dile said:

Hi guys,
On May 24, I have asked for the MF & RV at Zip 95129 & 95148 on the 2020 Mercedes-Benz GLC 300 4MATIC SUV, and have quickly got the following data from kyfdx (thanks a lot for that!!):
36mos / 10k miles per year
AWD - .00058 and 55%
$500 dealer cash.

Today when I talked with one dealer, they said my desired GLC300 is in a different location and can't do the MF at .00058, instead, they can only do it at .00108. The other option is I pick up another GLC300 in their current stock (which does not have the option I want), and they can do it at .00058.

Is the MF supposed to be fixed, or it all depends on the dealer's willingness to provide? I guess my question is: is MF a negotiable factor or it's a factor that is always fixed without any room for negotiation? Also, the dealer said there is no $500 dealer cash. I guess this one should be negotiable...

First time leasing a car, still learning the various tricks of this game. Anyone has an idea about my situation here?

Dealers have the discretion to markup the MF. The money factor we quote is the lowest rate offered by MBFS.
It's not surprising that the dealer wants more for a car that they don't have in stock.

The $500 incentive is a Mercedes to dealer incentive. They aren't required to disclose it.

croco8dile

kyfdx said:

croco8dile said:

Hi guys,
On May 24, I have asked for the MF & RV at Zip 95129 & 95148 on the 2020 Mercedes-Benz GLC 300 4MATIC SUV, and have quickly got the following data from kyfdx (thanks a lot for that!!):
36mos / 10k miles per year
AWD - .00058 and 55%
$500 dealer cash.

Today when I talked with one dealer, they said my desired GLC300 is in a different location and can't do the MF at .00058, instead, they can only do it at .00108. The other option is I pick up another GLC300 in their current stock (which does not have the option I want), and they can do it at .00058.

Is the MF supposed to be fixed, or it all depends on the dealer's willingness to provide? I guess my question is: is MF a negotiable factor or it's a factor that is always fixed without any room for negotiation? Also, the dealer said there is no $500 dealer cash. I guess this one should be negotiable...

First time leasing a car, still learning the various tricks of this game. Anyone has an idea about my situation here?

Dealers have the discretion to markup the MF. The money factor we quote is the lowest rate offered by MBFS.
It's not surprising that the dealer wants more for a car that they don't have in stock.

The $500 incentive is a Mercedes to dealer incentive. They aren't required to disclose it.

Got it, so all these terms are all negotiable. I will talk with the dealer to see how I can nail the deal. Thanks for the info!

Michaell

croco8dile said:

kyfdx said:

croco8dile said:

Hi guys,
On May 24, I have asked for the MF & RV at Zip 95129 & 95148 on the 2020 Mercedes-Benz GLC 300 4MATIC SUV, and have quickly got the following data from kyfdx (thanks a lot for that!!):
36mos / 10k miles per year
AWD - .00058 and 55%
$500 dealer cash.

Today when I talked with one dealer, they said my desired GLC300 is in a different location and can't do the MF at .00058, instead, they can only do it at .00108. The other option is I pick up another GLC300 in their current stock (which does not have the option I want), and they can do it at .00058.

Is the MF supposed to be fixed, or it all depends on the dealer's willingness to provide? I guess my question is: is MF a negotiable factor or it's a factor that is always fixed without any room for negotiation? Also, the dealer said there is no $500 dealer cash. I guess this one should be negotiable...

First time leasing a car, still learning the various tricks of this game. Anyone has an idea about my situation here?

Dealers have the discretion to markup the MF. The money factor we quote is the lowest rate offered by MBFS.
It's not surprising that the dealer wants more for a car that they don't have in stock.

The $500 incentive is a Mercedes to dealer incentive. They aren't required to disclose it.

Got it, so all these terms are all negotiable. I will talk with the dealer to see how I can nail the deal. Thanks for the info!

From your vantage point, you should simply tell the dealer you want the base MF, or you'll find another dealer.

RDmn

Can I please have June's MF/RV/incentives for 2020 GLC300 AWD SUV for 36/10K in zip code 10308? Thanks

kyfdx

RDmn said:

Can I please have June's MF/RV/incentives for 2020 GLC300 AWD SUV for 36/10K in zip code 10308? Thanks

.00079 MF and 55% residual
$500 incentive

ihgs21

Looking for MF/RV for a 2020 GLC SUV in zip 29926 (36mth/12k mi). Any incentives?

If MF negotiable & how often does it change?

For a 2019 too?

kyfdx

ihgs21 said:

Looking for MF/RV for a 2020 GLC SUV in zip 29926 (36mth/12k mi). Any incentives?

If MF negotiable & how often does it change?

For a 2019 too?

RWD or AWD?

New programs come out monthly.

Dealers can markup the money factor, but the number we give is the base. It can't go lower.

2019 questions:
https://forums.edmunds.com/discussion/52258/mercedes-benz/glc-class/2019-mercedes-benz-glc-class-lease-deals-and-prices#latest

mmjbball

Hi! Do you have June numbers for a 2020 GLC300 4matic, 36/10, 43615?

Thanks!

kyfdx

mmjbball said:

Hi! Do you have June numbers for a 2020 GLC300 4matic, 36/10, 43615?

Thanks!

.00079 MF and 55% residual
$500 incentive

hipp0

May I please have the MF/residual for GLC 300 4MATIC, 48/7.5 in 10128? Thanks!

kyfdx

hipp0 said:

May I please have the MF/residual for GLC 300 4MATIC, 48/7.5 in 10128? Thanks!

.00079 MF and 51% residual
$500 incentive

EM_CARS

Hi! Does this seem like a good deal?:
Mercedes-Benz GLC300 4MATIC SUV 36mo/10K in 33180
MSRP: $44,500
Sell Price: $40,000
Money Down (includes 1st month, taxes, fees, etc.): $3,500
Monthly: $446.00 + tax

Thanks so much for your help with this!

ihgs21

kyfdx said:

ihgs21 said:

Looking for MF/RV for a 2020 GLC SUV in zip 29926 (36mth/12k mi). Any incentives?

If MF negotiable & how often does it change?

For a 2019 too?

RWD or AWD?

New programs come out monthly.

Dealers can markup the money factor, but the number we give is the base. It can't go lower.

2019 questions:
https://forums.edmunds.com/discussion/52258/mercedes-benz/glc-class/2019-mercedes-benz-glc-class-lease-deals-and-prices#latest

I am interested in RWD.

sbt007

Hi, can I get June numbers for the MF, RV and incentives for a 2020 GLC43 SUV 36/10K miles and 48/10K miles. Zip is 95014. Thanks!

kyfdx

sbt007 said:

Hi, can I get June numbers for the MF, RV and incentives for a 2020 GLC43 SUV 36/10K miles and 48/10K miles. Zip is 95014. Thanks!

.00117 MF
53%/44% residual

$2000 incentive

EM_CARS

Hi can I get June MF and RV and incentives for the 2020 GLC300 AWD and RWD 36/10K. Zip is 33180. Thanks for all you do!

Gunny35

Hi can I get the MF and RV and incentives for 2020 glc300 awd 36 months 12k miles zip is 02459. Thank you!

Michaell

EM_CARS said:

Hi can I get June MF and RV and incentives for the 2020 GLC300 AWD and RWD 36/10K. Zip is 33180. Thanks for all you do!

RWD - .00121 and 57%
AWD - .00079 and 55%
$500 dealer cash

Michaell

Gunny35 said:

Hi can I get the MF and RV and incentives for 2020 glc300 awd 36 months 12k miles zip is 02459. Thank you!

.00079 and 54%
$500 dealer cash

jdoxenbe

Can someone please tell me if this is a good deal on a lease for a 2020 GLC 300 distronic with tons of add ons?

strideradu

May I please have the MF, residual, and incentives for a 2020 GLC 300 4Matic SUV?

36 months, 12k

zip 94536.

Thank you!