MF and Residual for 2021 GLE AMG53 Coupe

MiniMe2019MiniMe2019 Member Posts: 20
edited February 2 in Mercedes-Benz
Hi. i am getting a 2021 GLE AMG53 Coupe. Dealer said Residual is 51% and MF is .00160 for 48 month lease (10k miles/ yr).
Would appreciate it if someone can proof the number. i am getting $1178 with 0 upfront. Dealer wants $1273 (i was able to negotiate total $3600 off. not sure if that is good enough or not).
Thank you and deeply appreciated

Comments

  • kyfdxkyfdx Moderator Posts: 197,941

    Hi. i am getting a 2021 GLE AMG53 Coupe. Dealer said Residual is 51% and MF is .00160 for 48 month lease (10k miles/ yr).
    Would appreciate it if someone can proof the number. i am getting $1178 with 0 upfront. Dealer wants $1273 (i was able to negotiate total $3600 off. not sure if that is good enough or not).
    Thank you and deeply appreciated

    New programs came out today.
    .00142 MF and 50% residual

    What is your location?

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  • MiniMe2019MiniMe2019 Member Posts: 20
    kyfdx said:

    Hi. i am getting a 2021 GLE AMG53 Coupe. Dealer said Residual is 51% and MF is .00160 for 48 month lease (10k miles/ yr).
    Would appreciate it if someone can proof the number. i am getting $1178 with 0 upfront. Dealer wants $1273 (i was able to negotiate total $3600 off. not sure if that is good enough or not).
    Thank you and deeply appreciated

    New programs came out today.
    .00142 MF and 50% residual

    What is your location?
    zip 23456
    would appreciate it if you can let me know if this is a good deal or not and if my calculation is right (or not)
    with the new program i still dont see allot of difference compared to prior knowing residual decreased

    thank you
  • kyfdxkyfdx Moderator Posts: 197,941

    kyfdx said:

    Hi. i am getting a 2021 GLE AMG53 Coupe. Dealer said Residual is 51% and MF is .00160 for 48 month lease (10k miles/ yr).
    Would appreciate it if someone can proof the number. i am getting $1178 with 0 upfront. Dealer wants $1273 (i was able to negotiate total $3600 off. not sure if that is good enough or not).
    Thank you and deeply appreciated

    New programs came out today.
    .00142 MF and 50% residual

    What is your location?
    zip 23456
    would appreciate it if you can let me know if this is a good deal or not and if my calculation is right (or not)
    with the new program i still dont see allot of difference compared to prior knowing residual decreased

    thank you
    If it's truly $0 Due at Signing, you have to add the first payment to the CAP cost.
    Doing that, I get $1253/mo, (with last month's MF and residual)

    That's not too far off. Ask the dealer for the adjusted CAP cost, and see how that differs from the "Balance"

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • MiniMe2019MiniMe2019 Member Posts: 20
    kyfdx said:

    kyfdx said:

    Hi. i am getting a 2021 GLE AMG53 Coupe. Dealer said Residual is 51% and MF is .00160 for 48 month lease (10k miles/ yr).
    Would appreciate it if someone can proof the number. i am getting $1178 with 0 upfront. Dealer wants $1273 (i was able to negotiate total $3600 off. not sure if that is good enough or not).
    Thank you and deeply appreciated

    New programs came out today.
    .00142 MF and 50% residual

    What is your location?
    zip 23456
    would appreciate it if you can let me know if this is a good deal or not and if my calculation is right (or not)
    with the new program i still dont see allot of difference compared to prior knowing residual decreased

    thank you
    If it's truly $0 Due at Signing, you have to add the first payment to the CAP cost.
    Doing that, I get $1253/mo, (with last month's MF and residual)

    That's not too far off. Ask the dealer for the adjusted CAP cost, and see how that differs from the "Balance"
    And if I pay the first month, what the payment be with last month and this month?
    Deeply appreciate the help
  • kyfdxkyfdx Moderator Posts: 197,941

    kyfdx said:

    kyfdx said:

    Hi. i am getting a 2021 GLE AMG53 Coupe. Dealer said Residual is 51% and MF is .00160 for 48 month lease (10k miles/ yr).
    Would appreciate it if someone can proof the number. i am getting $1178 with 0 upfront. Dealer wants $1273 (i was able to negotiate total $3600 off. not sure if that is good enough or not).
    Thank you and deeply appreciated

    New programs came out today.
    .00142 MF and 50% residual

    What is your location?
    zip 23456
    would appreciate it if you can let me know if this is a good deal or not and if my calculation is right (or not)
    with the new program i still dont see allot of difference compared to prior knowing residual decreased

    thank you
    If it's truly $0 Due at Signing, you have to add the first payment to the CAP cost.
    Doing that, I get $1253/mo, (with last month's MF and residual)

    That's not too far off. Ask the dealer for the adjusted CAP cost, and see how that differs from the "Balance"
    And if I pay the first month, what the payment be with last month and this month?
    Deeply appreciate the help
    Since I'm $20/mo. off of their number, now... not much point in me guessing how they came up with their number. Ask for a screenshot of the lease deal off the computer.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • MiniMe2019MiniMe2019 Member Posts: 20
    kyfdx said:

    kyfdx said:

    kyfdx said:

    Hi. i am getting a 2021 GLE AMG53 Coupe. Dealer said Residual is 51% and MF is .00160 for 48 month lease (10k miles/ yr).
    Would appreciate it if someone can proof the number. i am getting $1178 with 0 upfront. Dealer wants $1273 (i was able to negotiate total $3600 off. not sure if that is good enough or not).
    Thank you and deeply appreciated

    New programs came out today.
    .00142 MF and 50% residual

    What is your location?
    zip 23456
    would appreciate it if you can let me know if this is a good deal or not and if my calculation is right (or not)
    with the new program i still dont see allot of difference compared to prior knowing residual decreased

    thank you
    If it's truly $0 Due at Signing, you have to add the first payment to the CAP cost.
    Doing that, I get $1253/mo, (with last month's MF and residual)

    That's not too far off. Ask the dealer for the adjusted CAP cost, and see how that differs from the "Balance"
    And if I pay the first month, what the payment be with last month and this month?
    Deeply appreciate the help
    Since I'm $20/mo. off of their number, now... not much point in me guessing how they came up with their number. Ask for a screenshot of the lease deal off the computer.


    Do the numbers add up?
    Thanks
  • kyfdxkyfdx Moderator Posts: 197,941

    kyfdx said:

    kyfdx said:

    kyfdx said:

    Hi. i am getting a 2021 GLE AMG53 Coupe. Dealer said Residual is 51% and MF is .00160 for 48 month lease (10k miles/ yr).
    Would appreciate it if someone can proof the number. i am getting $1178 with 0 upfront. Dealer wants $1273 (i was able to negotiate total $3600 off. not sure if that is good enough or not).
    Thank you and deeply appreciated

    New programs came out today.
    .00142 MF and 50% residual

    What is your location?
    zip 23456
    would appreciate it if you can let me know if this is a good deal or not and if my calculation is right (or not)
    with the new program i still dont see allot of difference compared to prior knowing residual decreased

    thank you
    If it's truly $0 Due at Signing, you have to add the first payment to the CAP cost.
    Doing that, I get $1253/mo, (with last month's MF and residual)

    That's not too far off. Ask the dealer for the adjusted CAP cost, and see how that differs from the "Balance"
    And if I pay the first month, what the payment be with last month and this month?
    Deeply appreciate the help
    Since I'm $20/mo. off of their number, now... not much point in me guessing how they came up with their number. Ask for a screenshot of the lease deal off the computer.


    Do the numbers add up?
    Thanks
    Since the price has gone down, it looks like they may have been marking up the money factor, previously.

    $1222 is correct, with first payment Due at Signing

    Edmunds Price Checker
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    Did you get a good deal? Be sure to come back and share!

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  • MiniMe2019MiniMe2019 Member Posts: 20
    kyfdx said:

    kyfdx said:

    kyfdx said:

    kyfdx said:

    Hi. i am getting a 2021 GLE AMG53 Coupe. Dealer said Residual is 51% and MF is .00160 for 48 month lease (10k miles/ yr).
    Would appreciate it if someone can proof the number. i am getting $1178 with 0 upfront. Dealer wants $1273 (i was able to negotiate total $3600 off. not sure if that is good enough or not).
    Thank you and deeply appreciated

    New programs came out today.
    .00142 MF and 50% residual

    What is your location?
    zip 23456
    would appreciate it if you can let me know if this is a good deal or not and if my calculation is right (or not)
    with the new program i still dont see allot of difference compared to prior knowing residual decreased

    thank you
    If it's truly $0 Due at Signing, you have to add the first payment to the CAP cost.
    Doing that, I get $1253/mo, (with last month's MF and residual)

    That's not too far off. Ask the dealer for the adjusted CAP cost, and see how that differs from the "Balance"
    And if I pay the first month, what the payment be with last month and this month?
    Deeply appreciate the help
    Since I'm $20/mo. off of their number, now... not much point in me guessing how they came up with their number. Ask for a screenshot of the lease deal off the computer.


    Do the numbers add up?
    Thanks
    Since the price has gone down, it looks like they may have been marking up the money factor, previously.

    $1222 is correct, with first payment Due at Signing
    Thank you
    Appreciate the help
  • samykksamykk Member Posts: 7
    Hi There! Would you please advise on MF and Residual for GLE 53 12K and 15 K for 48? Zip 92679
    Thank you
  • MichaellMichaell ColoradoModerator Posts: 193,325
    samykk said:

    Hi There! Would you please advise on MF and Residual for GLE 53 12K and 15 K for 48? Zip 92679
    Thank you

    48/15
    .00142 and 47%

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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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