On the last of day of March, I went to AZ dealer. GLC 300 RWD
This numbers somewhat rounded, since I could not make a photo of the offer. MSRP 50000 Selling Price 44000 After fees and taxes 48000 Delivery fee 795
36/15K Residual 54% MF 0.00107
Quote 702 /mo with $0 down. Total 35 payments.
I asked for $650 per mo. It was rejected. No deal happened. My calculations show that 636/mo after taxes might have been a fair mutually. Please let me know if the above numbers were sufficient for you to provide opinion. Thank you.
.00107 is the AWD money factor. .00102 MF for RWD (tiny difference, either way)
What is a delivery fee? Is that a dealer fee? Egregious, if so.
AZ doesn't tax upfront, so that $48K total probably isn't accurate. The monthly payment is taxed, and the tax is collected monthly.
The monthly price does seem high, but we'd have to know the actual adjusted CAP cost to check the calculations.
thanks for previous months numbers. I'm picking my car up in 2 wks. I did not lock in any previous rates so would like to know MF/Res for 10k/36mo for 2018 GLC43 SUV. Thanks much!
thanks for previous months numbers. I'm picking my car up in 2 wks. I did not lock in any previous rates so would like to know MF/Res for 10k/36mo for 2018 GLC43 SUV. Thanks much!
Thank you for your response!! Is money factor and residual something i could negotiate with dealer upfront in writing?
Residual is fixed by the bank.
You don't want to negotiate the money factor. If, after calculating the payment, you believe it's marked up, simply tell them you won't sign the deal unless you get the base MF. Don't tell them you know what the rate is; they know, too.
Today, dealer told me that base MF rate is not for consumer but for dealer to go off to mark it up to make profit. So on base rate of 0.00112 for glc 36/15K, they counted in the 0.00168 rate.
They said this is only way to make a profit for dealer.
Ok, I’m located in NJ and was in a rush to get a new car and decided to try leasing. Probably should have done some research prior but was in a bind at the time. The Vehicle is a GLC300 coupe with an MSRP of 64,695. The vehicle was a MB rep vehicle and had 9445 Miles but still treated as a new vehicle. Vehicle is a 2018 and did a 48/10k term. I also did 8 MSD totaling $4000 which I believe brought my MF to 0.00003. Trade In value was 3,000. Hoping to learn from this experience. How did I do? Any mistakes made or tips for future leasing? Thank You in advance for any insight.
Ok, I’m located in NJ and was in a rush to get a new car and decided to try leasing. Probably should have done some research prior but was in a bind at the time. The Vehicle is a GLC300 coupe with an MSRP of 64,695. The vehicle was a MB rep vehicle and had 9445 Miles but still treated as a new vehicle. Vehicle is a 2018 and did a 48/10k term. I also did 8 MSD totaling $4000 which I believe brought my MF to 0.00003. Trade In value was 3,000. Hoping to learn from this experience. How did I do? Any mistakes made or tips for future leasing? Thank You in advance for any insight.
The MSD was good.
The $3000 cap reduction was not.
It could have been a lot worse.
We'll be here when this lease expires; give yourself more time to research before pulling the trigger.
Today, dealer told me that base MF rate is not for consumer but for dealer to go off to mark it up to make profit. So on base rate of 0.00112 for glc 36/15K, they counted in the 0.00168 rate.
They said this is only way to make a profit for dealer.
Only? I think not.
Tell them you won't sign a deal unless you get the base MF.
If they continue to hesitate, walk and find another dealer. Only takes one to meet your terms.
Ok, I’m located in NJ and was in a rush to get a new car and decided to try leasing. Probably should have done some research prior but was in a bind at the time. The Vehicle is a GLC300 coupe with an MSRP of 64,695. The vehicle was a MB rep vehicle and had 9445 Miles but still treated as a new vehicle. Vehicle is a 2018 and did a 48/10k term. I also did 8 MSD totaling $4000 which I believe brought my MF to 0.00003. Trade In value was 3,000. Hoping to learn from this experience. How did I do? Any mistakes made or tips for future leasing? Thank You in advance for any insight.
The MSD was good.
The $3000 cap reduction was not.
It could have been a lot worse.
We'll be here when this lease expires; give yourself more time to research before pulling the trigger.
Thanks for the reply Michaell. The cap reduction was my trade in... is doing a trade in not good with a lease? Reading through posts I see my acquisition fee of 1,095 was higher than base 795. Is that something I could have negotiated? Thanks again.
otis777, The acquisition is often marked up and I have had to pay it. I usually adjust may cap cost when negotiating to take this into consideration. The selling price is good. The trade in of $3,000 is up to you. Key is enjoy. Often times when leasing there is always things you pay extra for.
MSRP 50065 Doc fee $499 Tint $499 Acquisition Fee $1,095 (This could have been 795. Resulting in additional $10/mo substract) License $822.91 Money factor .00168 I tried hard negotiating this down. Dealer does not change it. This results in $30/mo mark up. Residual 54% Selling Price $45,665 Tax 7.95%
0 down. 700/mo (With above subtractions it could have been 660/mo)
MSRP 50065 Doc fee $499 Tint $499 Acquisition Fee $1,095 (This could have been 795. Resulting in additional $10/mo substract) License $822.91 Money factor .00168 I tried hard negotiating this down. Dealer does not change it. This results in $30/mo mark up. Residual 54% Selling Price $45,665 Tax 7.95%
0 down. 700/mo (With above subtractions it could have been 660/mo)
What do you think of this 700/mo
What is the amount due at signing? $700? What is your sales tax rate?
I tried all the dealers in AZ. They all keep inflated MF around 0.00154- 0.00168. The base rate is 0.00112 . All use the same argument that they are in the business activity and not in charity and they are allowed to mark up.
I dont want to have a feel to be used by these guys.
I tried all the dealers in AZ. They all keep inflated MF around 0.00154- 0.00168. The base rate is 0.00112 . All use the same argument that they are in the business activity and not in charity and they are allowed to mark up.
I dont want to have a feel to be used by these guys.
I have no where to go.
Try dealers in LA - more competition there, might get you a better deal. Is is worth an 8-hour drive to save the money?
Alternatively, push for a bigger discount from sticker to offset the MF markup.
Can someone please help me run numbers on this deal? It's my first lease and these figures don't make sense. This is for a GLC300 SUV RWD, 36/15k, in Georgia. Also includes 3yr prepaid maintenance and tax. Georgia now charges tax on the monthly lease, not the total price of the vehicle.
The Cap Cost Reduction is actually the drive off... tag, title, 1st month. Dealer said they're using the base money factor.
I am in the market again to lease 2018 GLC 300 4MATIC Coupe (and considering few other SUVs as well). I am in Central NJ. Please give me the MF and residual for:
Can someone please help me run numbers on this deal? It's my first lease and these figures don't make sense. This is for a GLC300 SUV RWD, 36/15k, in Georgia. Also includes 3yr prepaid maintenance and tax. Georgia now charges tax on the monthly lease, not the total price of the vehicle.
The Cap Cost Reduction is actually the drive off... tag, title, 1st month. Dealer said they're using the base money factor.
Any advice would be much appreciated!
36/15 .00112 MF and 54% residual
How are they getting from $47000 to $52868? $699 doc fee $1250 accessories? Is that the maintenance plan? $1800 tax? $795 acquisiton fee? It just seems like a lot.. If they are disclosing the Gross CAP, I want to know exactly how they got there. $5868 is not a small amount.
Subtracting $1500 from the Gross CAP, I get about $751/mo. for 36/15 Might be a money factor markup, but hard to tell.
I am in the market again to lease 2018 GLC 300 4MATIC Coupe (and considering few other SUVs as well). I am in Central NJ. Please give me the MF and residual for:
36M/12K 36M/15 K
what is the sweet spot for this car?
thanks,
Andy.
.00073 MF and 52%/50% residual 36 months is as good as any
Can someone please help me run numbers on this deal? It's my first lease and these figures don't make sense. This is for a GLC300 SUV RWD, 36/15k, in Georgia. Also includes 3yr prepaid maintenance and tax. Georgia now charges tax on the monthly lease, not the total price of the vehicle.
The Cap Cost Reduction is actually the drive off... tag, title, 1st month. Dealer said they're using the base money factor.
Any advice would be much appreciated!
36/15 .00112 MF and 54% residual
How are they getting from $47000 to $52868? $699 doc fee $1250 accessories? Is that the maintenance plan? $1800 tax? $795 acquisiton fee? It just seems like a lot.. If they are disclosing the Gross CAP, I want to know exactly how they got there. $5868 is not a small amount.
Subtracting $1500 from the Gross CAP, I get about $751/mo. for 36/15 Might be a money factor markup, but hard to tell.
That was my question as well. It's a huge price difference.
$699 doc fee... I assume this is tag and title. Any chance of getting this number down? $1250 is the maintenance plan, but they said it's residualized. Not sure of the acquisition fee, will ask tomorrow and demand $795.
Maybe the remainder is the sales tax calculated monthly? The monthly rate includes taxes.
I'm going to ask for more detail on how they got that monthly rate. I need to know the exact money factor they're using before I'm comfortable with any of this.
How do you calculate the maximum security deposits allowed? Because I read in some other thread that you couldn't put down the maximum 10 deposits. Is it if the money factor goes negative?
Are the money factor and residual value for a 36 month lease for both 10k and 12k miles a year for the RWD for North Texas/Dallas still the same as in March - .00102 and 57% / 56%? Are there any incentives? I am still at the stage were I am negotiating a discount on the MSRP, only then will I move forward and pick a car from the inventory. Currently, I am getting offered a 12% discount on the MSRP. How large of a discount can I get in the best case scenario? I am aiming for at least 15%.
Can someone please help me run numbers on this deal? It's my first lease and these figures don't make sense. This is for a GLC300 SUV RWD, 36/15k, in Georgia. Also includes 3yr prepaid maintenance and tax. Georgia now charges tax on the monthly lease, not the total price of the vehicle.
The Cap Cost Reduction is actually the drive off... tag, title, 1st month. Dealer said they're using the base money factor.
Any advice would be much appreciated!
36/15 .00112 MF and 54% residual
How are they getting from $47000 to $52868? $699 doc fee $1250 accessories? Is that the maintenance plan? $1800 tax? $795 acquisiton fee? It just seems like a lot.. If they are disclosing the Gross CAP, I want to know exactly how they got there. $5868 is not a small amount.
Subtracting $1500 from the Gross CAP, I get about $751/mo. for 36/15 Might be a money factor markup, but hard to tell.
That was my question as well. It's a huge price difference.
$699 doc fee... I assume this is tag and title. Any chance of getting this number down? $1250 is the maintenance plan, but they said it's residualized. Not sure of the acquisition fee, will ask tomorrow and demand $795.
Maybe the remainder is the sales tax calculated monthly? The monthly rate includes taxes.
I'm going to ask for more detail on how they got that monthly rate. I need to know the exact money factor they're using before I'm comfortable with any of this.
How do you calculate the maximum security deposits allowed? Because I read in some other thread that you couldn't put down the maximum 10 deposits. Is it if the money factor goes negative?
Thank you
That's correct. It's .00007 per deposit. You can't have a negative money facto.
Are the money factor and residual value for a 36 month lease for both 10k and 12k miles a year for the RWD for North Texas/Dallas still the same as in March - .00102 and 57% / 56%? Are there any incentives? I am still at the stage were I am negotiating a discount on the MSRP, only then will I move forward and pick a car from the inventory. Currently, I am getting offered a 12% discount on the MSRP. How large of a discount can I get in the best case scenario? I am aiming for at least 15%.
.00112 MF for April
We don't have incentive information. Or, pricing info.
jsmith129, The maintenance, acquisition fee, motor vehicle fees, and other fees are all in your cap cost of $ 52868.91. The $1500 is 1st month and additional money to lower the cap cost of $52868.91.
Comments
2018 GLC 300 RWD 36/15k
Thank you
.00102 MF for RWD (tiny difference, either way)
What is a delivery fee? Is that a dealer fee? Egregious, if so.
AZ doesn't tax upfront, so that $48K total probably isn't accurate. The monthly payment is taxed, and the tax is collected monthly.
The monthly price does seem high, but we'd have to know the actual adjusted CAP cost to check the calculations.
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May I have April Numbers,
AWD
RWD
GLC 300 2018
Any incentives
36M/15k
36/12K
Thank you.
RWD: .00112 MF
AWD: .00107 MF
54% residual
Add 2% for 12K/yr
We don't have Mercedes incentive info
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
2018 GLC300 RWD
36/18k, 39/18k
Would you provide MF and RV?
36/15
.00112 MF and 54% residual
Check with the dealer for residual reduction for the extra 9000 miles
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You don't want to negotiate the money factor. If, after calculating the payment, you believe it's marked up, simply tell them you won't sign the deal unless you get the base MF. Don't tell them you know what the rate is; they know, too.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
They said this is only way to make a profit for dealer.
Ok, I’m located in NJ and was in a rush to get a new car and decided to try leasing. Probably should have done some research prior but was in a bind at the time. The Vehicle is a GLC300 coupe with an MSRP of 64,695. The vehicle was a MB rep vehicle and had 9445 Miles but still treated as a new vehicle. Vehicle is a 2018 and did a 48/10k term. I also did 8 MSD totaling $4000 which I believe brought my MF to 0.00003. Trade In value was 3,000.
Hoping to learn from this experience. How did I do? Any mistakes made or tips for future leasing?
Thank You in advance for any insight.
The $3000 cap reduction was not.
It could have been a lot worse.
We'll be here when this lease expires; give yourself more time to research before pulling the trigger.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Tell them you won't sign a deal unless you get the base MF.
If they continue to hesitate, walk and find another dealer. Only takes one to meet your terms.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Thanks again.
The acquisition is often marked up and I have had to pay it. I usually adjust may cap cost when negotiating to take this into consideration. The selling price is good. The trade in of $3,000 is up to you. Key is enjoy. Often times when leasing there is always things you pay extra for.
RWD glc 300
MSRP 50065
Doc fee $499
Tint $499
Acquisition Fee $1,095 (This could have been 795. Resulting in additional $10/mo substract)
License $822.91
Money factor .00168 I tried hard negotiating this down. Dealer does not change it. This results in $30/mo mark up.
Residual 54%
Selling Price $45,665
Tax 7.95%
0 down. 700/mo (With above subtractions it could have been 660/mo)
What do you think of this 700/mo
What is your sales tax rate?
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7.95%
All use the same argument that they are in the business activity and not in charity and they are allowed to mark up.
I dont want to have a feel to be used by these guys.
I have no where to go.
Alternatively, push for a bigger discount from sticker to offset the MF markup.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
RV = 57%, MF = 0.00107
The numbers do not look right for me. Michaell, could you please verify? Thanks.
I get about $476/mo.+tax with those numbers..
What is your sales tax rate?
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GLC 300 4Matic 2018
Any incentives?
36M/15k
36M/12k
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Lease term and miles per year?
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
RWD and AWD, please.
RWD - .00112 and 56%
AWD - .00107 and 56%
Add 1% for 10K
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The Cap Cost Reduction is actually the drive off... tag, title, 1st month. Dealer said they're using the base money factor.
Any advice would be much appreciated!
I am in the market again to lease 2018 GLC 300 4MATIC Coupe (and considering few other SUVs as well). I am in Central NJ. Please give me the MF and residual for:
36M/12K
36M/15 K
what is the sweet spot for this car?
thanks,
Andy.
.00112 MF and 54% residual
How are they getting from $47000 to $52868?
$699 doc fee
$1250 accessories? Is that the maintenance plan?
$1800 tax?
$795 acquisiton fee?
It just seems like a lot.. If they are disclosing the Gross CAP, I want to know exactly how they got there. $5868 is not a small amount.
Subtracting $1500 from the Gross CAP, I get about $751/mo. for 36/15
Might be a money factor markup, but hard to tell.
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36 months is as good as any
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$699 doc fee... I assume this is tag and title. Any chance of getting this number down?
$1250 is the maintenance plan, but they said it's residualized.
Not sure of the acquisition fee, will ask tomorrow and demand $795.
Maybe the remainder is the sales tax calculated monthly? The monthly rate includes taxes.
I'm going to ask for more detail on how they got that monthly rate. I need to know the exact money factor they're using before I'm comfortable with any of this.
Thanks for the help!
Thank you
Are there any incentives?
I am still at the stage were I am negotiating a discount on the MSRP, only then will I move forward and pick a car from the inventory. Currently, I am getting offered a 12% discount on the MSRP. How large of a discount can I get in the best case scenario? I am aiming for at least 15%.
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We don't have incentive information.
Or, pricing info.
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The maintenance, acquisition fee, motor vehicle fees, and other fees are all in your cap cost of $ 52868.91. The $1500 is 1st month and additional money to lower the cap cost of $52868.91.