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2016 Mercedes GLC Class Lease Questions

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Comments

  • jane_stjane_st Member Posts: 4
    Michaell said:

    jane_st said:

    Taxes and other fees are included in $2500 and $530. nothing to pay extra upfront!

    I thought the taxes were $2800? Where is the other $300?
    It is included in my monthly payment. I do not have to pay all taxes and fees upfront. I would put down payment to reduce my monthly payments!
  • MichaellMichaell Moderator Posts: 240,979
    jane_st said:

    Michaell said:

    jane_st said:

    Taxes and other fees are included in $2500 and $530. nothing to pay extra upfront!

    I thought the taxes were $2800? Where is the other $300?
    It is included in my monthly payment. I do not have to pay all taxes and fees upfront. I would put down payment to reduce my monthly payments!
    So, what is the adjusted cap cost if some of the taxes and fees are being added in? My guess it's higher than the $40,795 you originally quoted.

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  • jane_stjane_st Member Posts: 4
    edited April 2016
    Michaell said:
    Taxes and other fees are included in $2500 and $530. nothing to pay extra upfront!
    I thought the taxes were $2800? Where is the other $300?
    It is included in my monthly payment. I do not have to pay all taxes and fees upfront. I would put down payment to reduce my monthly payments!
    So, what is the adjusted cap cost if some of the taxes and fees are being added in? My guess it's higher than the $40,795 you originally quoted.
    This is my dealer explanation to me:
    MSRP: $44775
    Selling price: $40000
    Plus taxes and fees: $42800
    Plus acq fee: +$795=$43595
    Minus down payment: -$2500=$41095 = adjusted cap!

    Do these numbers make sense?
    Is $2500 Down plus $530 monthly payment with no extera fees upfront a decent deal for 36m/12k?

    Thanks a lot for your help


  • mlevinemlevine Member Posts: 581
    GLC,
    I think the money factor is high at this time. I am curious when the 2017 comes out and in November and December when the winter event comes out, what the numbers will be. A better money factor and winter cash would be helpful.
  • MichaellMichaell Moderator Posts: 240,979
    jane_st said:


    Michaell said:

    Taxes and other fees are included in $2500 and $530. nothing to pay extra upfront!
    I thought the taxes were $2800? Where is the other $300?
    It is included in my monthly payment. I do not have to pay all taxes and fees upfront. I would put down payment to reduce my monthly payments!

    So, what is the adjusted cap cost if some of the taxes and fees are being added in? My guess it's higher than the $40,795 you originally quoted.

    This is my dealer explanation to me:
    MSRP: $44775
    Selling price: $40000
    Plus taxes and fees: $42800
    Plus acq fee: +$795=$43595
    Minus down payment: -$2500=$41095 = adjusted cap!

    Do these numbers make sense?
    Is $2500 Down plus $530 monthly payment with no extera fees upfront a decent deal for 36m/12k?

    Thanks a lot for your help




    Then I'm back to my original calculated payment. Can't tell you why you dealer quote is higher, unless they marked up the MF.

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  • MichaellMichaell Moderator Posts: 240,979
    mlevine said:

    GLC,
    I think the money factor is high at this time. I am curious when the 2017 comes out and in November and December when the winter event comes out, what the numbers will be. A better money factor and winter cash would be helpful.

    No way to predict what the numbers will be 6 months from now. Numbers may come down if sales start to slip.

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  • cheungmccheungmc Member Posts: 22
    Hi, Can you please provide me with the latest MF and residual for 36/ 10 and 36/ 12 on the GLC300. Thanks.
  • kyfdxkyfdx Moderator Posts: 236,760
    edited April 2016
    cheungmc said:

    Hi, Can you please provide me with the latest MF and residual for 36/ 10 and 36/ 12 on the GLC300. Thanks.

    .00166 MF and 61%/60% residual

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  • leaser23j4leaser23j4 Member Posts: 1
    Michaell,

    By how much would the MF go down if I were to put in 10 MSD (the maximum allowed)? Is the .00166 the buy rate that dealers quote or is the best deal that dealers are offering to customers?
  • MichaellMichaell Moderator Posts: 240,979

    Michaell,

    By how much would the MF go down if I were to put in 10 MSD (the maximum allowed)? Is the .00166 the buy rate that dealers quote or is the best deal that dealers are offering to customers?

    We don't have any details on the MB MSD program.

    .00166 is the buy rate, and is the best rate available to customers without MSD

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  • captainmagedcaptainmaged Member Posts: 6
    edited April 2016
    Hi, would really appreciate some help on what appears to be a bad deal on a GLC 300 4matic in Minnesota. Lease is 36months /12k miles

    msrp 48525.00
    selling price 44000.00
    accessories 1050.00 (told this is maintenance fees)
    doc prep 75.00
    license/title 540.00
    other fees 72.75
    acquisition fee 1095.00
    tax on collected items 1679.40 (not sure what this is)
    total cap 48512.15
    down/cash cap reduction 4422.73
    net cap 44089.42

    36 monthly payment 577.27

    due on delivery 5000.00 (1st payment 577.27 + down 4422.73)

    MF 0.00236
    residual 60%
    mn state tax 7.775%

    appreciate any insight on how to lower this as the MF and acquisition fee appear to be really high..

    Thanks in advance!
  • captainmagedcaptainmaged Member Posts: 6
    Hi, would really appreciate some help on what appears to be a bad deal on a GLC 300 4matic in Minnesota. Lease is 36months /12k miles

    msrp 48525.00
    selling price 44000.00
    accessories 1050.00 (told this is maintenance fees)
    doc prep 75.00
    license/title 540.00
    other fees 72.75
    acquisition fee 1095.00
    tax on collected items 1679.40 (not sure what this is)
    total cap 48512.15
    down/cash cap reduction 4422.73
    net cap 44089.42

    36 monthly payment 577.27

    due on delivery 5000.00 (1st payment 577.27 + down 4422.73)

    MF 0.00236
    residual 60%
    mn state tax 7.775%

    appreciate any insight on how to lower this as the MF and acquisition fee appear to be really high..

    Thanks in advance!
    Small edit, the residual was calculated as 60% of 49275 = 29565
  • kyfdxkyfdx Moderator Posts: 236,760

    Hi, would really appreciate some help on what appears to be a bad deal on a GLC 300 4matic in Minnesota. Lease is 36months /12k miles

    msrp 48525.00
    selling price 44000.00
    accessories 1050.00 (told this is maintenance fees)
    doc prep 75.00
    license/title 540.00
    other fees 72.75
    acquisition fee 1095.00
    tax on collected items 1679.40 (not sure what this is)
    total cap 48512.15
    down/cash cap reduction 4422.73
    net cap 44089.42

    36 monthly payment 577.27

    due on delivery 5000.00 (1st payment 577.27 + down 4422.73)

    MF 0.00236
    residual 60%
    mn state tax 7.775%

    appreciate any insight on how to lower this as the MF and acquisition fee appear to be really high..

    Thanks in advance!

    MF is marked up from base rate of .00166. 60% residual is correct
    Sales tax in NY (this is NY, right?) is collected upfront.
    Acquisition fee is marked up from the $795 base.
    I would assume the $1050 is for prepaid maintenance (but, I would want to know for sure)

    The money factor markup alone is adding $50/mo. to the payment

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  • richcar5richcar5 Member Posts: 13
    It may be in this string somewhere but I cant find it...do you have figures for 24/10,000 36/10,000 and 24/7500 36/7500 if it exists? Thx
  • MichaellMichaell Moderator Posts: 240,979
    richcar5 said:

    It may be in this string somewhere but I cant find it...do you have figures for 24/10,000 36/10,000 and 24/7500 36/7500 if it exists? Thx

    .00166 MF

    24/10 - 69%
    36/10 - 61%

    Add 1% for 7500 miles

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  • captainmagedcaptainmaged Member Posts: 6
    kyfdx said:
    Hi, would really appreciate some help on what appears to be a bad deal on a GLC 300 4matic in Minnesota. Lease is 36months /12k miles

    msrp 48525.00
    selling price 44000.00
    accessories 1050.00 (told this is maintenance fees)
    doc prep 75.00
    license/title 540.00
    other fees 72.75
    acquisition fee 1095.00
    tax on collected items 1679.40 (not sure what this is)
    total cap 48512.15
    down/cash cap reduction 4422.73
    net cap 44089.42

    36 monthly payment 577.27

    due on delivery 5000.00 (1st payment 577.27 + down 4422.73)

    MF 0.00236
    residual 60%
    mn state tax 7.775%

    appreciate any insight on how to lower this as the MF and acquisition fee appear to be really high..

    Thanks in advance!
    MF is marked up from base rate of .00166. 60% residual is correct Sales tax in NY (this is NY, right?) is collected upfront. Acquisition fee is marked up from the $795 base. I would assume the $1050 is for prepaid maintenance (but, I would want to know for sure) The money factor markup alone is adding $50/mo. to the payment
    It's Minnesota, state tax is 7.775%. When I divide the tax on collected items of $1679.40 by 7.775% I get an exact $21600, which divided by 36 is exactly 600. Since the payment they quoted is only $577.27, does this mean they are overcharging on tax as well?? 

    Thanks again!
  • kyfdxkyfdx Moderator Posts: 236,760


    kyfdx said:

    Hi, would really appreciate some help on what appears to be a bad deal on a GLC 300 4matic in Minnesota. Lease is 36months /12k miles

    msrp 48525.00
    selling price 44000.00
    accessories 1050.00 (told this is maintenance fees)
    doc prep 75.00
    license/title 540.00
    other fees 72.75
    acquisition fee 1095.00
    tax on collected items 1679.40 (not sure what this is)
    total cap 48512.15
    down/cash cap reduction 4422.73
    net cap 44089.42

    36 monthly payment 577.27

    due on delivery 5000.00 (1st payment 577.27 + down 4422.73)

    MF 0.00236
    residual 60%
    mn state tax 7.775%

    appreciate any insight on how to lower this as the MF and acquisition fee appear to be really high..

    Thanks in advance!

    MF is marked up from base rate of .00166. 60% residual is correct
    Sales tax in NY (this is NY, right?) is collected upfront.
    Acquisition fee is marked up from the $795 base.
    I would assume the $1050 is for prepaid maintenance (but, I would want to know for sure)

    The money factor markup alone is adding $50/mo. to the payment

    It's Minnesota, state tax is 7.775%. When I divide the tax on collected items of $1679.40 by 7.775% I get an exact $21600, which divided by 36 is exactly 600. Since the payment they quoted is only $577.27, does this mean they are overcharging on tax as well?? 

    Thanks again!

    Tax is on upfront items, as well as the payment

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  • qed1qed1 Member Posts: 20
    Can I Please get the May/April residual value and base MF on a 2016 GLC 250 4Matic for 12K and 15K at 36 months? Does MB accept MSDs?
  • MichaellMichaell Moderator Posts: 240,979
    qed1 said:

    Can I Please get the May/April residual value and base MF on a 2016 GLC 250 4Matic for 12K and 15K at 36 months? Does MB accept MSDs?

    There is no GLC 250, only GLC 300...

    36/15 numbers are 58% and .00166. Add 2% for 12K.

    It's possible MB will accept MSD on the supported MF; other posters have been able to apply them.

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  • qed1qed1 Member Posts: 20
    Right, GLC 300! Thank you so much for your help! 
  • dgklidgkli Member Posts: 11
    Are those lease numbers from May 1 the numbers in effect through the month of May? (If not, please what is the update)?
  • kyfdxkyfdx Moderator Posts: 236,760
    dgkli said:

    Are those lease numbers from May 1 the numbers in effect through the month of May? (If not, please what is the update)?

    .00166 MF and 58% residual for 36/15. For May

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  • skoot1027skoot1027 Member Posts: 16
    Hi, I would appreciate some help on a lease quote I got from a dealer.

    2016 GLC 300 4matic - 36 month / 10k miles

    MSRP 50,135
    Selling price (inc destination) 47,891
    Dealer Fees 675 (doc 595, the rest title, license and electronic filing)
    Cap Cost 48,566

    MF .00191 (I know this is marked up and plan to push back to the base rate)
    Sales Tax 2,085 (VA - 4.3% tax on entire price of car)

    The dealer is quoting around $746/mo, which seems very high for this priced car. I know some of that is from the marked up MF. I also believe they've built in a 2.65% 'service fee', which allegedly is an extra warranty I would not actually pay unless I chose to. However, the dealer has not been very transparent on the lease calculation, so I think this is baked in. If I account for all of this, I get to around $740/mo. Still really high.

    He claims the selling price is $500 above invoice. Does that sound right? I'm not sure I believe him. He also said they would not move on the Doc fee. Am I wrong to assume that even if he is telling the truth about being $500 over invoice, he should be able to go lower on the selling price because of the large doc fee, which is essentially dealer profit?

    When I calculate out the lease payment on the above, but with the base MF and without that bogus 2.65% fee, I get $627 + $58 tax = $685. Better than what they're quoting, but compared to what other people are getting on this board I feel like there should be more room to move.

    Thanks in advance.

  • MichaellMichaell Moderator Posts: 240,979
    skoot1027 said:

    Hi, I would appreciate some help on a lease quote I got from a dealer.

    2016 GLC 300 4matic - 36 month / 10k miles

    MSRP 50,135
    Selling price (inc destination) 47,891
    Dealer Fees 675 (doc 595, the rest title, license and electronic filing)
    Cap Cost 48,566

    MF .00191 (I know this is marked up and plan to push back to the base rate)
    Sales Tax 2,085 (VA - 4.3% tax on entire price of car)

    The dealer is quoting around $746/mo, which seems very high for this priced car. I know some of that is from the marked up MF. I also believe they've built in a 2.65% 'service fee', which allegedly is an extra warranty I would not actually pay unless I chose to. However, the dealer has not been very transparent on the lease calculation, so I think this is baked in. If I account for all of this, I get to around $740/mo. Still really high.

    He claims the selling price is $500 above invoice. Does that sound right? I'm not sure I believe him. He also said they would not move on the Doc fee. Am I wrong to assume that even if he is telling the truth about being $500 over invoice, he should be able to go lower on the selling price because of the large doc fee, which is essentially dealer profit?

    When I calculate out the lease payment on the above, but with the base MF and without that bogus 2.65% fee, I get $627 + $58 tax = $685. Better than what they're quoting, but compared to what other people are getting on this board I feel like there should be more room to move.

    Thanks in advance.

    .00166 and 61% for 36/10.

    GLC's have been expensive to lease, mainly because of the higher MF. And, not much discounting from sticker, due to their popularity.

    Are you paying the taxes and fees out of pocket? I ask because the difference between the selling price and the cap cost isn't enough to account for them.

    Using your prices, I get $631/mo. There shouldn't be any tax added onto that payment if you are paying it up front.

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  • skoot1027skoot1027 Member Posts: 16
    edited May 2016
    Michaell said:
    Hi, I would appreciate some help on a lease quote I got from a dealer. 2016 GLC 300 4matic - 36 month / 10k miles MSRP 50,135 Selling price (inc destination) 47,891 Dealer Fees 675 (doc 595, the rest title, license and electronic filing) Cap Cost 48,566 MF .00191 (I know this is marked up and plan to push back to the base rate) Sales Tax 2,085 (VA - 4.3% tax on entire price of car) The dealer is quoting around $746/mo, which seems very high for this priced car. I know some of that is from the marked up MF. I also believe they've built in a 2.65% 'service fee', which allegedly is an extra warranty I would not actually pay unless I chose to. However, the dealer has not been very transparent on the lease calculation, so I think this is baked in. If I account for all of this, I get to around $740/mo. Still really high. He claims the selling price is $500 above invoice. Does that sound right? I'm not sure I believe him. He also said they would not move on the Doc fee. Am I wrong to assume that even if he is telling the truth about being $500 over invoice, he should be able to go lower on the selling price because of the large doc fee, which is essentially dealer profit? When I calculate out the lease payment on the above, but with the base MF and without that bogus 2.65% fee, I get $627 + $58 tax = $685. Better than what they're quoting, but compared to what other people are getting on this board I feel like there should be more room to move. Thanks in advance.
    .00166 and 61% for 36/10. GLC's have been expensive to lease, mainly because of the higher MF. And, not much discounting from sticker, due to their popularity. Are you paying the taxes and fees out of pocket? I ask because the difference between the selling price and the cap cost isn't enough to account for them. Using your prices, I get $631/mo. There shouldn't be any tax added onto that payment if you are paying it up front.
    Sorry, the selling price and cap cost I provided are before taxes but after fees. I kept taxes broken out separately. I do not plan to pay them up front, so they should be built into the dealers $740ish price. 
  • MichaellMichaell Moderator Posts: 240,979
    skoot1027 said:


    Michaell said:

    Hi, I would appreciate some help on a lease quote I got from a dealer.

    2016 GLC 300 4matic - 36 month / 10k miles

    MSRP 50,135
    Selling price (inc destination) 47,891
    Dealer Fees 675 (doc 595, the rest title, license and electronic filing)
    Cap Cost 48,566

    MF .00191 (I know this is marked up and plan to push back to the base rate)
    Sales Tax 2,085 (VA - 4.3% tax on entire price of car)

    The dealer is quoting around $746/mo, which seems very high for this priced car. I know some of that is from the marked up MF. I also believe they've built in a 2.65% 'service fee', which allegedly is an extra warranty I would not actually pay unless I chose to. However, the dealer has not been very transparent on the lease calculation, so I think this is baked in. If I account for all of this, I get to around $740/mo. Still really high.

    He claims the selling price is $500 above invoice. Does that sound right? I'm not sure I believe him. He also said they would not move on the Doc fee. Am I wrong to assume that even if he is telling the truth about being $500 over invoice, he should be able to go lower on the selling price because of the large doc fee, which is essentially dealer profit?

    When I calculate out the lease payment on the above, but with the base MF and without that bogus 2.65% fee, I get $627 + $58 tax = $685. Better than what they're quoting, but compared to what other people are getting on this board I feel like there should be more room to move.

    Thanks in advance.

    .00166 and 61% for 36/10.

    GLC's have been expensive to lease, mainly because of the higher MF. And, not much discounting from sticker, due to their popularity.

    Are you paying the taxes and fees out of pocket? I ask because the difference between the selling price and the cap cost isn't enough to account for them.

    Using your prices, I get $631/mo. There shouldn't be any tax added onto that payment if you are paying it up front.

    Sorry, the selling price and cap cost I provided are before taxes but after fees. I kept taxes broken out separately. I do not plan to pay them up front, so they should be built into the dealers $740ish price. 

    So, what is the net cap cost if you are rolling the taxes into it?

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  • skoot1027skoot1027 Member Posts: 16
    Michaell said:

    skoot1027 said:


    Michaell said:

    Hi, I would appreciate some help on a lease quote I got from a dealer.

    2016 GLC 300 4matic - 36 month / 10k miles

    MSRP 50,135
    Selling price (inc destination) 47,891
    Dealer Fees 675 (doc 595, the rest title, license and electronic filing)
    Cap Cost 48,566

    MF .00191 (I know this is marked up and plan to push back to the base rate)
    Sales Tax 2,085 (VA - 4.3% tax on entire price of car)

    The dealer is quoting around $746/mo, which seems very high for this priced car. I know some of that is from the marked up MF. I also believe they've built in a 2.65% 'service fee', which allegedly is an extra warranty I would not actually pay unless I chose to. However, the dealer has not been very transparent on the lease calculation, so I think this is baked in. If I account for all of this, I get to around $740/mo. Still really high.

    He claims the selling price is $500 above invoice. Does that sound right? I'm not sure I believe him. He also said they would not move on the Doc fee. Am I wrong to assume that even if he is telling the truth about being $500 over invoice, he should be able to go lower on the selling price because of the large doc fee, which is essentially dealer profit?

    When I calculate out the lease payment on the above, but with the base MF and without that bogus 2.65% fee, I get $627 + $58 tax = $685. Better than what they're quoting, but compared to what other people are getting on this board I feel like there should be more room to move.

    Thanks in advance.

    .00166 and 61% for 36/10.

    GLC's have been expensive to lease, mainly because of the higher MF. And, not much discounting from sticker, due to their popularity.

    Are you paying the taxes and fees out of pocket? I ask because the difference between the selling price and the cap cost isn't enough to account for them.

    Using your prices, I get $631/mo. There shouldn't be any tax added onto that payment if you are paying it up front.

    Sorry, the selling price and cap cost I provided are before taxes but after fees. I kept taxes broken out separately. I do not plan to pay them up front, so they should be built into the dealers $740ish price. 

    So, what is the net cap cost if you are rolling the taxes into it?

    Cap Cost (pre-tax) 48,566
    Sales Tax 2,085
    Total Cap Cost 50,651

    Also, is it incorrect to assume doc fees of almost $600 are almost exclusively profit for the dealer? I'm pretty sure my doc fees when I got my current MB was around $10, although it was in another state.
  • MichaellMichaell Moderator Posts: 240,979
    skoot1027 said:

    Michaell said:

    skoot1027 said:


    Michaell said:

    Hi, I would appreciate some help on a lease quote I got from a dealer.

    2016 GLC 300 4matic - 36 month / 10k miles

    MSRP 50,135
    Selling price (inc destination) 47,891
    Dealer Fees 675 (doc 595, the rest title, license and electronic filing)
    Cap Cost 48,566

    MF .00191 (I know this is marked up and plan to push back to the base rate)
    Sales Tax 2,085 (VA - 4.3% tax on entire price of car)

    The dealer is quoting around $746/mo, which seems very high for this priced car. I know some of that is from the marked up MF. I also believe they've built in a 2.65% 'service fee', which allegedly is an extra warranty I would not actually pay unless I chose to. However, the dealer has not been very transparent on the lease calculation, so I think this is baked in. If I account for all of this, I get to around $740/mo. Still really high.

    He claims the selling price is $500 above invoice. Does that sound right? I'm not sure I believe him. He also said they would not move on the Doc fee. Am I wrong to assume that even if he is telling the truth about being $500 over invoice, he should be able to go lower on the selling price because of the large doc fee, which is essentially dealer profit?

    When I calculate out the lease payment on the above, but with the base MF and without that bogus 2.65% fee, I get $627 + $58 tax = $685. Better than what they're quoting, but compared to what other people are getting on this board I feel like there should be more room to move.

    Thanks in advance.

    .00166 and 61% for 36/10.

    GLC's have been expensive to lease, mainly because of the higher MF. And, not much discounting from sticker, due to their popularity.

    Are you paying the taxes and fees out of pocket? I ask because the difference between the selling price and the cap cost isn't enough to account for them.

    Using your prices, I get $631/mo. There shouldn't be any tax added onto that payment if you are paying it up front.

    Sorry, the selling price and cap cost I provided are before taxes but after fees. I kept taxes broken out separately. I do not plan to pay them up front, so they should be built into the dealers $740ish price. 
    So, what is the net cap cost if you are rolling the taxes into it?

    Cap Cost (pre-tax) 48,566
    Sales Tax 2,085
    Total Cap Cost 50,651

    Also, is it incorrect to assume doc fees of almost $600 are almost exclusively profit for the dealer? I'm pretty sure my doc fees when I got my current MB was around $10, although it was in another state.

    Using the "total cap cost" price you've given with the base MF of .00166 results in a payment of $692/mo; $713/mo if I use the .00191 MF you were quoted.

    Not sure how the dealer gets to $745/mo unless their cap cost is different than what you've given me.

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  • schand820schand820 Member Posts: 86
    Hi Can you please tell me the MF and Residual for the GLC 300 4 Matic 36/12. Also is there a discount for autopay and what does MSD stand for or do?
  • MichaellMichaell Moderator Posts: 240,979
    schand820 said:
    Hi Can you please tell me the MF and Residual for the GLC 300 4 Matic 36/12. Also is there a discount for autopay and what does MSD stand for or do?
    .00166 and 60%. Subtract .00010 from the MF for auto pay. 

    MSD is multiple security deposit. Each one is the monthly payment rounded up to the next highest $50 and lowers the MF by a set amount. 

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  • gentoopengwingentoopengwin Member Posts: 2
    Please advise what you feel are solid outcomes given these variables for each option.

    $46,945 MSRP
    down payment $0; 36mo/7.5k lease

    or

    $46,945 MSRP
    down payment $0; 24mo/7.5k lease
  • MichaellMichaell Moderator Posts: 240,979

    Please advise what you feel are solid outcomes given these variables for each option.

    $46,945 MSRP
    down payment $0; 36mo/7.5k lease

    or

    $46,945 MSRP
    down payment $0; 24mo/7.5k lease

    We don't track selling prices; use the "make / model / year" pull downs at the top of the page to link to the price tools.

    You can also read back through the last page or two of this discussion to see what others have been able to negotiate.

    The relevant lease numbers are .00166 and 70% (24/7.5) or 62% (36/7.5).

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  • gentoopengwingentoopengwin Member Posts: 2
    Thank you. I got a quote for 62% on 24/7.5. Sounds off.
  • MichaellMichaell Moderator Posts: 240,979

    Thank you. I got a quote for 62% on 24/7.5. Sounds off.

    Confirm with a second dealer. Residuals can't be adjusted.

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  • donno2011donno2011 Member Posts: 20
    In SoCal...2WD 2016 GLC 300 36/10....June numbers out yet? Thanks!
  • kyfdxkyfdx Moderator Posts: 236,760
    donno2011 said:

    In SoCal...2WD 2016 GLC 300 36/10....June numbers out yet? Thanks!

    .00166 MF and 61% residual

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  • tayloratxtayloratx Member Posts: 3
    Have the June numbers on GLC RWD in TX for 36/12? Thanks in advance!
  • kyfdxkyfdx Moderator Posts: 236,760
    tayloratx said:

    Have the June numbers on GLC RWD in TX for 36/12? Thanks in advance!

    .00166 MF and 60% residual

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  • tayloratxtayloratx Member Posts: 3
    Thank you!
  • ctownsend3ctownsend3 Member Posts: 2
    Hello,

    I am looking to get a new GLC 300 lease (36/10 or 36/12) and was hoping the community here might be able to suggest good (great) ballpark figures (i.e. discount to MSRP/offer price, MF, residual, etc.) for the following vehicle on the lot:

    MSRP: $52,900
    GLC 300 4MATIC

    Options:
    designo paint ($1515)
    Panorama Sunroof ($1480)
    Heated Steering Wheel ($250)
    19" 5-spoke wheel ($500)
    Burmester Surround Sound System ($850)
    Heated Front Seats ($580)
    Premium Package ($720)
    Multimedia Package ($2330)
    Driver Assistance Package ($2800)

    Destination/Delivery ($925)

    I do not want to put any money down, although I would not mind paying the taxes and such upfront. I am also open to doing MSDs/autopay etc. for savings.

    Thanks in advance!
  • kps2107kps2107 Member Posts: 11
    Not sure if there is a separate thread for GLC purchase discussion. Just wanted to share a purchase offer that I received today. 

    4matic, sunroof, premium package 1, blind spot assist, multimedia, head-up display, lighting package, burmester surround sound, advanced parking assist, heated front seats and steering wheel. MSRP: 52,665 (including destination). Selling price 49,000. 

    Please let me know what do you think about this offer. It's roughly about 7% discount - which I think is not bad on this model at this time. 
  • MichaellMichaell Moderator Posts: 240,979
    kps2107 said:

    Not sure if there is a separate thread for GLC purchase discussion. Just wanted to share a purchase offer that I received today. 

    4matic, sunroof, premium package 1, blind spot assist, multimedia, head-up display, lighting package, burmester surround sound, advanced parking assist, heated front seats and steering wheel. MSRP: 52,665 (including destination). Selling price 49,000. 

    Please let me know what do you think about this offer. It's roughly about 7% discount - which I think is not bad on this model at this time. 

    7% off sticker on a vehicle as in-demand as the GLC is a pretty nice discount.

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  • MichaellMichaell Moderator Posts: 240,979

    Hello,

    I am looking to get a new GLC 300 lease (36/10 or 36/12) and was hoping the community here might be able to suggest good (great) ballpark figures (i.e. discount to MSRP/offer price, MF, residual, etc.) for the following vehicle on the lot:

    MSRP: $52,900
    GLC 300 4MATIC

    Options:
    designo paint ($1515)
    Panorama Sunroof ($1480)
    Heated Steering Wheel ($250)
    19" 5-spoke wheel ($500)
    Burmester Surround Sound System ($850)
    Heated Front Seats ($580)
    Premium Package ($720)
    Multimedia Package ($2330)
    Driver Assistance Package ($2800)

    Destination/Delivery ($925)

    I do not want to put any money down, although I would not mind paying the taxes and such upfront. I am also open to doing MSDs/autopay etc. for savings.

    Thanks in advance!

    .00166 and 61% / 60%

    Not sure how much of a discount you can get; a poster just reported 7% off sticker in the post below yours.

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  • kps2107kps2107 Member Posts: 11
    Michael, went to another dealer today. I have an offer for a car exactly similar to the one I posted above. The only diff is that this one has the sport package but does not have the head-up display. The MSRP on this one is 54,375 and the offer is price is 50,000 (about 8.05% off sticker). They were able to beat the % discount but they said we cannot match the dollar price of that car. I think this one is a better deal and a better car for us. Planning to sign this offer tomorrow.
  • MichaellMichaell Moderator Posts: 240,979
    kps2107 said:

    Michael, went to another dealer today. I have an offer for a car exactly similar to the one I posted above. The only diff is that this one has the sport package but does not have the head-up display. The MSRP on this one is 54,375 and the offer is price is 50,000 (about 8.05% off sticker). They were able to beat the % discount but they said we cannot match the dollar price of that car. I think this one is a better deal and a better car for us. Planning to sign this offer tomorrow.

    Nice to see some larger discounts on these!

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  • raj_amarraj_amar Member Posts: 38
    hi can i get the MF and RV for Mercedes GlC 300 AWD in Massachusetts for 36/12 36/15
    Thanks
  • MichaellMichaell Moderator Posts: 240,979
    raj_amar said:

    hi can i get the MF and RV for Mercedes GlC 300 AWD in Massachusetts for 36/12 36/15
    Thanks

    .00166 and 61% / 60%

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  • MichaellMichaell Moderator Posts: 240,979
    Michaell said:

    raj_amar said:

    hi can i get the MF and RV for Mercedes GlC 300 AWD in Massachusetts for 36/12 36/15
    Thanks

    .00166 and 61% / 60%
    EDIT - sorry, wrong residuals. They should be 60% and 58%

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  • volvohnovolvohno Member Posts: 38
    Got a quote today that isn't making sense. Of course, I was only given pieces of the equation, and wasn't able to take the quote with me.

    GLC AWD

    MSRP 46,305
    Selling Price 42,565 (Costco Discount)
    Residual 58%
    MF .00246 (this is inflated, correct?)
    1095 Acquisition Fee (not willing to come down on this)
    1015 Due at signing (first month's pmt and documentation)
    Ohio tax rate=6%

    Monthly-689.00

    When I try to back into their number, I keep getting a payment of 640.00.

    What are your thoughts?
  • kyfdxkyfdx Moderator Posts: 236,760
    volvohno said:

    Got a quote today that isn't making sense. Of course, I was only given pieces of the equation, and wasn't able to take the quote with me.

    GLC AWD

    MSRP 46,305
    Selling Price 42,565 (Costco Discount)
    Residual 58%
    MF .00246 (this is inflated, correct?)
    1095 Acquisition Fee (not willing to come down on this)
    1015 Due at signing (first month's pmt and documentation)
    Ohio tax rate=6%

    Monthly-689.00

    When I try to back into their number, I keep getting a payment of 640.00.

    What are your thoughts?

    Assuming 36/15, it's .00166 MF and 58% residual.
    Acquisition fee is marked up from the $795 base, as well.

    If you add in the acq.fee, it's $640/mo.+tax, so probably pretty close.

    Between the money factor and acquisition fee markups, it's adding $65/mo.+tax to your quote. Which shows you how useful the "Costco Discount" is. Discounting the car by $2740, but adding $2340 in other markups.

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