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Mercedes GLC300 Lease Question

spencer282spencer282 locationMember Posts: 1
edited October 2018 in Mercedes-Benz
Hello, I have negotiated the following deal with Mercedes:

GLC 300 (RWD)
46,105 MSRP
40,599 Selling price

Currently, they quoted me at $633.40 for 36k/10mo with a MF of .00245 and a RV of 57%, with a down payment of $1,500.

This is for a European Delivery vehicle. I am happy with the negotiated Cap value as it is coming to around a 12% discount. I don't know how the fact that I am doing European delivery changes things, but that MF seems really high based on what I have seen here.

Can someone please provide me with the current MF, RV, and any incentives, so I can try to get a better lease rate?

Thank you.

Answers

  • kyfdxkyfdx Moderator Posts: 206,840

    Hello, I have negotiated the following deal with Mercedes:

    GLC 300 (RWD)
    46,105 MSRP
    40,599 Selling price

    Currently, they quoted me at $633.40 for 36k/10mo with a MF of .00245 and a RV of 57%, with a down payment of $1,500.

    This is for a European Delivery vehicle. I am happy with the negotiated Cap value as it is coming to around a 12% discount. I don't know how the fact that I am doing European delivery changes things, but that MF seems really high based on what I have seen here.

    Can someone please provide me with the current MF, RV, and any incentives, so I can try to get a better lease rate?

    Thank you.

    2019 model?

    .00165 MF and 57% residual

    Their may be a slight upcharge in the money factor for ED, but I don't have that information. It certainly isn't .00080. Your money factor is definitely marked up.

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  • peftekh2017peftekh2017 Member Posts: 23
    edited January 2019
    Hi
    Wanted to see if this offer adds up
    Miami, FL
    2019 Mercedes GLC 2 wheel drive.
    MSRP 44,265
    Price final: $38,959
    MF: 0.00136
    Residual: $ 23,548

    12k/39 months
    Acquisition fee : $1095
    Dealer Fee : 795

    With tax, fees, registration all fees included (excludes maintenance)
    Down Payment $1700
    $565/month 12k miles a year for 39 months

    Do these numbers seem fair?
  • MichaellMichaell ColoradoModerator Posts: 204,811

    Hi
    Wanted to see if this offer adds up
    Miami, FL
    2019 Mercedes GLC 2 wheel drive.
    MSRP 44,265
    Price final: $38,959
    MF: 0.00136
    Residual: $ 23,548

    12k/39 months
    Acquisition fee : $1095
    Dealer Fee : 795

    With tax, fees, registration all fees included (excludes maintenance)
    Down Payment $1700
    $565/month 12k miles a year for 39 months

    Do these numbers seem fair?

    I confirm the .00136 MF, but we don't know the 39 month residual.

    Acquisition fee is marked up from $795.
    Dealer fee is a bit much, but that's typical for Florida

    I get $504/mo, plus tax, with those prices.

    Ask the dealer what the adjusted CAP cost is for their quote.

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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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