MF and residual 2020 GLC300

Vegaswin

Hello! Can anyone give me the MF and residuals for 2020 GLC 300w4, demo with 4500 miles in 89074.
36/12k
The dealer told me 58% residual and MF is .00193

kyfdx

Vegaswin said:

Hello! Can anyone give me the MF and residuals for 2020 GLC 300w4, demo with 4500 miles in 89074.
36/12k
The dealer told me 58% residual and MF is .00193

.00062 MF and 55% residual
$500 incentive

The dealer's numbers don't look close, at all. Any chance they are using a 3rd party bank, instead of MBFS?

Vegaswin

Thanks for response. It say Daimler Co as the bank. It’s the same one I had with them before because I currently have a leased 2017 GLC300. I was thinking the numbers still looked a bit high although of course they are trying to tell me it’s a good deal.

kyfdx

Vegaswin said:

Thanks for response. It say Daimler Co as the bank. It’s the same one I had with them before because I currently have a leased 2017 GLC300. I was thinking the numbers still looked a bit high although of course they are trying to tell me it’s a good deal.

The bank is MBFS (Mercedes Benz Financial Services).

I can believe they marked up the money factor that much, but no way they can adjust the residual up.