MF and residual 2020 GLC300

VegaswinVegaswin Member Posts: 6
edited February 2020 in Mercedes-Benz
Hello! Can anyone give me the MF and residuals for 2020 GLC 300w4, demo with 4500 miles in 89074.
36/12k
The dealer told me 58% residual and MF is .00193
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  • kyfdxkyfdx Moderator Posts: 271,331
    Answer ✓
    Vegaswin said:

    Hello! Can anyone give me the MF and residuals for 2020 GLC 300w4, demo with 4500 miles in 89074.
    36/12k
    The dealer told me 58% residual and MF is .00193

    .00062 MF and 55% residual
    $500 incentive

    The dealer's numbers don't look close, at all. Any chance they are using a 3rd party bank, instead of MBFS?

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Answers

  • VegaswinVegaswin Member Posts: 6
    Thanks for response. It say Daimler Co as the bank. It’s the same one I had with them before because I currently have a leased 2017 GLC300. I was thinking the numbers still looked a bit high although of course they are trying to tell me it’s a good deal.
  • kyfdxkyfdx Moderator Posts: 271,331
    Vegaswin said:

    Thanks for response. It say Daimler Co as the bank. It’s the same one I had with them before because I currently have a leased 2017 GLC300. I was thinking the numbers still looked a bit high although of course they are trying to tell me it’s a good deal.

    The bank is MBFS (Mercedes Benz Financial Services).

    I can believe they marked up the money factor that much, but no way they can adjust the residual up.

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