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Car Buying advice - 2018 GLC43 Coupe Lease
ghinsmeister
Member Posts: 5
I custom order a 2018 GLC43 Coupe
MSRP 72345 selling 69000...I'm coming out of a c400 lease...I'm tryin to stay in 800 a month field...how much down on a 36/12 lease or 42/12 with the MF and Residual Included
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kyfdx Moderator Posts: 236,777
.00070 MF and 51%/47% residual for 36/42 monthsghinsmeister said:I custom order a 2018 GLC43 Coupe
MSRP 72345 selling 69000...I'm coming out of a c400 lease...I'm tryin to stay in 800 a month field...how much down on a 36/12 lease or 42/12 with the MF and Residual Included
$965/$905/mo. for 36/42 months, if $69000 is the adjusted CAP.
To get to $800/mo, pre-tax, you'll have to make a CAP cost reduction of $5900/$4400 for 36/42 months, respectively, in addition to any other fees/taxes and first payment.Edmunds Price Checker
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ghinsmeister Member Posts: 5Also I'm sorry I should of stated I'm in New Rochelle NY...he suggested me taking the 48/12 and just pay the taxes I'd be in mid 8's is that true?0
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2018 AMG GLC 43
Msrp 72540
Selling price. 65540
MF 0.0009
Residual. 49%
36/10
Acquisition fee. 1059
Dealer fee. 699
Out of pocket first month and tag fee. 1324
Monthly payment including 6.5 tax. . 1046.39
Is This a decent term ?
Guessing the acquisition fee is $1095, not $1059 (and, that's marked up from $795).
The dealer fee is absurdly high
The money factor is marked up from .00070
The discount is good, but they've taken some of that back with the markups.
If I add the two fees to the sale price, I get $976/mo.+tax. That puts me within $10/mo. of your payment, with the markups.
Without the dealer fee and the markups, the payment would be $53/mo. less.
BUT:
The correct residual for the GLC43 Coupe for 36/10 is 52%.
49% is the 36/15 residual, so something is seriously off..
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please see attached deal for what need to be changed in the deal
They did use the proper residual (51%). You can check that yourself by dividing the residual amount by the MSRP.
Divide the rent charge by 36, and it's $139.80/month. That calculates to a money factor of .00134, not .00090. That's marked up from the base rate of .00070. (this isn't disclosed on the paperwork, other than the amount of the rent charge).
The difference between the agreed price and the Gross CAP is the $1095 acq.fee + $699 dealer fee.
If it's me, I want the base money factor.
I'd probably also ask for $1000 less selling price to make up for the dealer fee and acquisition fee markup. Though, you have a pretty big discount, so I'd probably give in on that, assuming they dropped the money factor to .00070.
If they drop the money factor to .00070, the pre-tax payment will change to $915.76, and the total payment will change to $975.28 (about $70/mo. less). The amount due at signing should drop by about the same amount.
The rent charge will change to $2629.08. These are all numbers you should look for, if they agree to your request.
That is all without changing the price.
If they do all that, and knock $1000 more off, then take another $30/mo. off the payment.
Good luck!
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Thank you for the advise , I was able to get 1500 off the deal as cash back advanced to Mercedes Finacial toward my lease + Free First service
So that should made the deal little better .....
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Thanks in advance, and if I should post this in another thread just let me know.
No incentive information.
Acquisition fee is $795 (often marked up the $1095)
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Would you be able to provide the MF & RV for 2018 GLC 300 Coupe in Los Angeles? ( 36/10 )
Also..
Dealers around Los Angeles are being very firm on not providing a descent discount on this model because they say this vehicle is in high demand.
From your industry experience what would you say the typical % of discount off the MSRP for this model be?
So far, the best % off I have received is 6% off the MRSP.
Also, is there such thing as 48month lease, as well?
Thank you for your
46% residual for 48/10
Sorry, we are of no help on pricing.
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.00059 MF and 53% residual
46% residual for 48/10
Sorry, we are of no help on pricing.
Thank you!!