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2016 Mercedes SL-Class lease question

nyjmrrfnyjmrrf Member Posts: 65
edited September 2016 in Mercedes-Benz
Would like to know RV and MF for 2016 SL400 36 mos/10k per year. Thank you.
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  • kyfdxkyfdx Moderator Posts: 264,048
    nyjmrrf said:

    Would like to know RV and MF for 2016 SL400 36 mos/10k per year. Thank you.

    .00127 MF and 61% residual

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  • jfertljfertl Member Posts: 36
    Can you please provide the current residual and money factor for a 2016 SL400 for 36 months and 10,000 miles per year
  • MichaellMichaell Moderator Posts: 261,257
    jfertl said:

    Can you please provide the current residual and money factor for a 2016 SL400 for 36 months and 10,000 miles per year

    .00127 and 61%

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  • topguy1983topguy1983 Member Posts: 6
    edited September 2016
    Can you please post the 2016 Mercedes SL400, 12K miles, 36 months, money factor and residual?
  • MichaellMichaell Moderator Posts: 261,257
    topguy1983 said:

    Can you please post the 2016 Mercedes SL400, 12K miles, 36 months, money factor and residual?

    .00091 and 58%

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  • lambusserlambusser Member Posts: 46
    Hello,

    I'm looking at a 2016 SL550 P93 Mille Miglia Edition. The MSRP is $120,875 (including the $925 destination charge).

    What are the 36mo MF and residuals for a 10k and 12k lease? Could I also get the 24mo data?

    Also, any thoughts on discount I should expect to get?

    Thank you so much!

    Lam
  • MichaellMichaell Moderator Posts: 261,257
    lambusser said:

    Hello,

    I'm looking at a 2016 SL550 P93 Mille Miglia Edition. The MSRP is $120,875 (including the $925 destination charge).

    What are the 36mo MF and residuals for a 10k and 12k lease? Could I also get the 24mo data?

    Also, any thoughts on discount I should expect to get?

    Thank you so much!

    Lam

    .00041 and 56% (24/12) or 49% (36/12). Add 1% for 10k.

    No idea on discounts available.

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  • lambusserlambusser Member Posts: 46
    Thank you for the info!

    One last question. Is there something like a 7.5k lease? If so, would that be another 1pt on the residual?

    Thanks,
    Lam
  • MichaellMichaell Moderator Posts: 261,257
    lambusser said:

    Thank you for the info!

    One last question. Is there something like a 7.5k lease? If so, would that be another 1pt on the residual?

    Thanks,
    Lam

    Yes, add 2% to the 12k residual for 7500 miles per year.

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  • lambusserlambusser Member Posts: 46
    Last one :smile:

    The MF for 36mo is also .00041?

    Thanks,
    Lam
  • MichaellMichaell Moderator Posts: 261,257
    lambusser said:

    Last one :smile:

    The MF for 36mo is also .00041?

    Thanks,
    Lam

    Yes

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  • lambusserlambusser Member Posts: 46
    Thank you  :)
  • scott_727scott_727 Member Posts: 41
    Hi there, Do you know what the MF and Residual is for a 2016 SL400 with 800miles (It is an untitled Demo)

    10k miles per year.

    24/33/36/39/48 (Not sure where the Sweet Spot is) Any help would be immensely appreciated. Thanks!
  • MichaellMichaell Moderator Posts: 261,257
    scott_727 said:

    Hi there, Do you know what the MF and Residual is for a 2016 SL400 with 800miles (It is an untitled Demo)

    10k miles per year.

    24/33/36/39/48 (Not sure where the Sweet Spot is) Any help would be immensely appreciated. Thanks!

    .00073 and 58% (24/10) 56% (30/10) 56% (36/10) 51% (42/10) or 48% (48/10)

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  • scott_727scott_727 Member Posts: 41
    Thanks  michaell right now I am being offered this deal. Any thoughts? The care is a year old and has 800 miles but has never been titled. Frankly I think they can do a little better.
  • MichaellMichaell Moderator Posts: 261,257
    scott_727 said:

    Thanks  michaell right now I am being offered this deal. Any thoughts? The care is a year old and has 800 miles but has never been titled. Frankly I think they can do a little better.

    What state is this?

    AutoNation has a habit of showing purchase numbers, then the lease payment without really bridging the two. For example, the tax amount may be irrelevant.

    Ask them what the adjusted cap cost is.

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  • scott_727scott_727 Member Posts: 41
    I live in FL but the dealer is in GA
  • MichaellMichaell Moderator Posts: 261,257
    scott_727 said:

    I live in FL but the dealer is in GA

    Hmmm.

    FL taxes the monthly payment on a lease.

    GA, on the other hand, taxes the entire selling price.

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  • scott_727scott_727 Member Posts: 41
    It also appears they are misrepresenting what the money factor is. If you back into the monthly payment for the 48 month lease. The money factor comes to .0016.
  • MichaellMichaell Moderator Posts: 261,257
    scott_727 said:

    It also appears they are misrepresenting what the money factor is. If you back into the monthly payment for the 48 month lease. The money factor comes to .0016.

    The problem is that sheet doesn't have all the numbers on it you need.

    No reference to the acquisition fee ($795 base, could be marked up to $1095). No adjusted cap cost, just the selling price.

    I wouldn't rely on any reverse engineered numbers based on what you have.

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