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2020 Mercedes Benz lease Details

carinfo2020carinfo2020 Member Posts: 9
edited January 2020 in Mercedes-Benz
Hello, I would like to know the MF, Residual and lease loyalty credits (if any) for a 2020 Mercedes Benz a Class 220. 36 month lease driving 10k miles per year. Zipcode is 78501.

Thank you

Comments

  • kyfdxkyfdx Moderator Posts: 236,451

    Hello, I would like to know the MF, Residual and lease loyalty credits (if any) for a 2020 Mercedes Benz a Class 220. 36 month lease driving 10k miles per year. Zipcode is 78501.

    Thank you

    FWD or AWD?

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  • carinfo2020carinfo2020 Member Posts: 9
    Not sure, How can I find that on the window sticker ? The model is 2020 A220W.
  • MichaellMichaell Moderator Posts: 240,829

    Not sure, How can I find that on the window sticker ? The model is 2020 A220W.

    F

    Not sure, How can I find that on the window sticker ? The model is 2020 A220W.

    FWD, then. AWD would be "A220W4".

    .00119 and 60%
    no incentives

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  • carinfo2020carinfo2020 Member Posts: 9
    Thank you!
  • carinfo2020carinfo2020 Member Posts: 9
    So the car I'm interested In has an MSRP of $43.990. They are offering me a payment of $482 tax and 1st payment included because I'm putting a total of $6,000 down payment. The Residual value they told me would be 60%, and the Money factor is 0.00269. Does that sound like a good deal ? or can I still manage to negotiate a Money factor closer to the 0.00119 that you told me about ?
  • MichaellMichaell Moderator Posts: 240,829

    So the car I'm interested In has an MSRP of $43.990. They are offering me a payment of $482 tax and 1st payment included because I'm putting a total of $6,000 down payment. The Residual value they told me would be 60%, and the Money factor is 0.00269. Does that sound like a good deal ? or can I still manage to negotiate a Money factor closer to the 0.00119 that you told me about ?

    Uh, no - that is a terrible deal.

    Tell them you want the base MF or you'll find a different dealer. Don't worry about anything else at this point. Don't let them distract you.

    Second, the only money we recommend you give the dealer when you sign the paperwork is the first payment and any registration costs. Anything beyond that would be lost if the car is stolen or totaled.

    And, it doesn't change the total cost of the lease.

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  • carinfo2020carinfo2020 Member Posts: 9
    Would the base MF be the 0.00119 ? How would I Counter offer MF to get it lower. We are giving $6,000 - $8,000 down to get a lower lease monthly payment. How would I achieve that if I only pay paperwork, first payment and registration costs.
  • MichaellMichaell Moderator Posts: 240,829

    Would the base MF be the 0.00119 ? How would I Counter offer MF to get it lower. We are giving $6,000 - $8,000 down to get a lower lease monthly payment. How would I achieve that if I only pay paperwork, first payment and registration costs.

    If you need a lower lease payment, you should shop for a less expensive car.

    Yes, the base MF is .00119.

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  • my15audiq5my15audiq5 Member Posts: 17
    Please share the MF, RV, and incentives for a 2020 A220 AWD for 36 months and 12K and 15k miles in 63303 zip. Thanks in advance.
  • kyfdxkyfdx Moderator Posts: 236,451

    Please share the MF, RV, and incentives for a 2020 A220 AWD for 36 months and 12K and 15k miles in 63303 zip. Thanks in advance.

    36/15
    .00116 MF and 57% residual

    No lease incentives

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  • my15audiq5my15audiq5 Member Posts: 17
    Thank you, I got the 36/15K in your reply above, but what about the Mf and RV for a 36/12K for 2020 AWD in 63303 zip?
  • MichaellMichaell Moderator Posts: 240,829

    Thank you, I got the 36/15K in your reply above, but what about the Mf and RV for a 36/12K for 2020 AWD in 63303 zip?

    59% residual

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