Deal charging .00299 MF

BronxBronx Member Posts: 4
edited March 2022 in Mercedes-Benz
Can someone share with me the Residual and Money Factor for a 2022 Mercedes Benz GT 53 3 years and 15K miles in North Carolina? The dealer hit me with .00299 and that seems very high. Thank you.
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  • MichaellMichaell Moderator Posts: 254,561
    Bronx said:

    Can someone share with me the Residual and Money Factor for a 2022 Mercedes Benz GT 53 3 years and 15K miles in North Carolina? The dealer hit me with .00299 and that seems very high. Thank you.

    .00170 and 53%

    Dealer can mark up the MF for extra profit - yours seems to be doing just that

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