lease

nickosnickos Member Posts: 23
edited March 2020 in Mercedes-Benz
i got a lease rate in nyc for 790 month no money down just first month payment and dmv. 2020 gle350 4matic 10k year @36 months. is this a good deal? msrp 60870. thanks

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  • MichaellMichaell Moderator Posts: 264,026
    nickos said:

    i got a lease rate in nyc for 790 month no money down just first month payment and dmv. 2020 gle350 4matic 10k year @36 months. is this a good deal? msrp 60870. thanks

    What is the selling price?
    What is the adjusted cap cost, if the taxes and fees are rolled in?

    .00113 and 57%

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  • nickosnickos Member Posts: 23
    Selling price is 54448 and taxes and fees are all rolled in.
    Adjusted cap cost dont know because that was all that was in the email.
    Thank you very much
  • MichaellMichaell Moderator Posts: 264,026
    nickos said:

    Selling price is 54448 and taxes and fees are all rolled in.
    Adjusted cap cost dont know because that was all that was in the email.
    Thank you very much

    Ask them to provide you with that number, then.

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  • nickosnickos Member Posts: 23
    ok finally got adjusted cap cost: 1095 acquisition fee 2453 taxes 1640 for three year prepaid maintenence. so 59638 total
  • MichaellMichaell Moderator Posts: 264,026
    nickos said:

    ok finally got adjusted cap cost: 1095 acquisition fee 2453 taxes 1640 for three year prepaid maintenence. so 59638 total

    I get $799/mo with those numbers; $790/mo quote looks good, with so little out of pocket.

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