Mercedes benz A-class 220 lease offer

carinfo2020carinfo2020 Member Posts: 9
edited January 2020 in Mercedes-Benz
The dealership also has a "Manufacture offer" of "Lease: $349 per month for 36 months.. $3,643 due at signing for select 2020 Mercedes Benz A-class A220" it has a disclaimer of

"Available only to qualified customers through Mercedes-Benz Financial Services at participating dealers through January 31, 2020. Not everyone will qualify. Advertised 36 months lease payment based on MSRP of $34,345 less the suggested dealer contribution of $899 resulting in a total gross capitalized cost of $33,446. Dealer contribution may vary and could affect your actual lease payment. Includes Destination Charge and Keyless Go. Excludes title, taxes, registration, license fees, insurance, dealer prep and additional options. Total monthly payments equal $12,564. Cash due at signing includes $2,499 capitalized cost reduction, $795 acquisition fee and first month’s lease payment of $349. Your acquisition fee may vary by dealership. The acquisition fee charged by the dealer may affect the total cash due at signing. No security deposit required. Total payments equal $15,858. At lease end, lessee pays for any amounts due under the lease, any official fees and taxes related to the scheduled termination, excess wear and use plus $$0.25/mile over 30,000 miles, and $595 vehicle turn-in fee. Purchase option at lease end for $20,607 plus taxes (and any other fees and charges due under the applicable lease agreement) in example shown. Subject to credit approval. Specific vehicles are subject to availability and may have to be ordered. See participating dealer for details. Not valid in Puerto Rico. Please always wear your seat belt, drive safely and obey speed limits.Special lease rates may not be reflected in lease calculator prices shown on MBUSA.com. Please see your dealer for final pricing.Special lease rates may not be reflected in prices shown on MBUSA.com. Please see your dealer for final pricing. (See Trims)
See State Disclaimer *"

Although, the dealer argues with me that they cannot give me that deal price because it is only for cars of $34,345 MSRP... I doubt that is true because nobody has cars with that pricing. The car I'm interested in has an MSRP of $41,570 and their lease price quote was $629 giving a down payment of $6,000. That to me doesn't add up or make sense.

If someone could clarify it would be greatly appreciated.

-Thank you!

Comments

  • MichaellMichaell Moderator Posts: 254,090

    The dealership also has a "Manufacture offer" of "Lease: $349 per month for 36 months.. $3,643 due at signing for select 2020 Mercedes Benz A-class A220" it has a disclaimer of

    "Available only to qualified customers through Mercedes-Benz Financial Services at participating dealers through January 31, 2020. Not everyone will qualify. Advertised 36 months lease payment based on MSRP of $34,345 less the suggested dealer contribution of $899 resulting in a total gross capitalized cost of $33,446. Dealer contribution may vary and could affect your actual lease payment. Includes Destination Charge and Keyless Go. Excludes title, taxes, registration, license fees, insurance, dealer prep and additional options. Total monthly payments equal $12,564. Cash due at signing includes $2,499 capitalized cost reduction, $795 acquisition fee and first month’s lease payment of $349. Your acquisition fee may vary by dealership. The acquisition fee charged by the dealer may affect the total cash due at signing. No security deposit required. Total payments equal $15,858. At lease end, lessee pays for any amounts due under the lease, any official fees and taxes related to the scheduled termination, excess wear and use plus $$0.25/mile over 30,000 miles, and $595 vehicle turn-in fee. Purchase option at lease end for $20,607 plus taxes (and any other fees and charges due under the applicable lease agreement) in example shown. Subject to credit approval. Specific vehicles are subject to availability and may have to be ordered. See participating dealer for details. Not valid in Puerto Rico. Please always wear your seat belt, drive safely and obey speed limits.Special lease rates may not be reflected in lease calculator prices shown on MBUSA.com. Please see your dealer for final pricing.Special lease rates may not be reflected in prices shown on MBUSA.com. Please see your dealer for final pricing. (See Trims)
    See State Disclaimer *"

    Although, the dealer argues with me that they cannot give me that deal price because it is only for cars of $34,345 MSRP... I doubt that is true because nobody has cars with that pricing. The car I'm interested in has an MSRP of $41,570 and their lease price quote was $629 giving a down payment of $6,000. That to me doesn't add up or make sense.

    If someone could clarify it would be greatly appreciated.

    -Thank you!

    FIrst off, what you quoted was an ad, not a true offer.

    Yes, as the MSRP goes up, so will the payment. But, the payment is largely determined by the discount you can negotiate. What is the selling price associated with the $629/mo quote?

    That stuff in the ad about "dealer contribution"? That's a fancy name for "discount from MSRP".

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  • carinfo2020carinfo2020 Member Posts: 9
    The discount was only $500. So instead of $41,570 the price would be $41,070.
  • MichaellMichaell Moderator Posts: 254,090

    The discount was only $500. So instead of $41,570 the price would be $41,070.

    In the ad, the discount was $899.

    But, if that payment quote includes taxes and fees, then it could be a reasonable payment quote, as you pay taxes on the entire selling price in Texas, even for a lease

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

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