MF and residual for 2021 AMG C63 Sedan in 92602?

purplefbpurplefb Member Posts: 3
edited April 2021 in Mercedes-Benz
I got quoted 986 before tax per month on a 67900 with 5000 down. Dealer hasn't told me the residual or money factor for my zipcode (92602). Is this a good deal?
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  • kyfdxkyfdx Moderator Posts: 208,901
    purplefb said:

    I got quoted 986 before tax per month on a 67900 with 5000 down. Dealer hasn't told me the residual or money factor for my zipcode (92602). Is this a good deal?

    What term and mileage allowance?

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  • purplefbpurplefb Member Posts: 3
    10,000
    kyfdx said:

    purplefb said:

    I got quoted 986 before tax per month on a 67900 with 5000 down. Dealer hasn't told me the residual or money factor for my zipcode (92602). Is this a good deal?

    What term and mileage allowance?
    36/10000
  • MichaellMichaell ColoradoModerator Posts: 207,907
    purplefb said:

    10,000

    kyfdx said:

    purplefb said:

    I got quoted 986 before tax per month on a 67900 with 5000 down. Dealer hasn't told me the residual or money factor for my zipcode (92602). Is this a good deal?

    What term and mileage allowance?
    36/10000
    .00150 and 55%

    Is $67,900 the MSRP?

    if so, what is the selling price?

    What does the $5000 cover, specifically?

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  • purplefbpurplefb Member Posts: 3
    Michaell said:

    purplefb said:

    10,000

    kyfdx said:

    purplefb said:

    I got quoted 986 before tax per month on a 67900 with 5000 down. Dealer hasn't told me the residual or money factor for my zipcode (92602). Is this a good deal?

    What term and mileage allowance?
    36/10000
    .00150 and 55%

    Is $67,900 the MSRP?

    if so, what is the selling price?

    What does the $5000 cover, specifically?
    MSRP is 70,400

    Selling price is 67,900, but trying to negotiate that down.

    I have no idea what the $5000 covers, but here are the figures they gave me:

    MSRP 70,400
    Discount 2500
    Adjusted Price: 67,900
    Taxable fees: 1095
    Doc Fee: 85
    Tax: 288.38
    Non Tax Fee: 802.75
    Total: 70,171.13

    Even if the first month's price is included, that's about 3300 including all those fees up there. I don't know what the 5000 in down payment covers.
  • MichaellMichaell ColoradoModerator Posts: 207,907
    purplefb said:

    Michaell said:

    purplefb said:

    10,000

    kyfdx said:

    purplefb said:

    I got quoted 986 before tax per month on a 67900 with 5000 down. Dealer hasn't told me the residual or money factor for my zipcode (92602). Is this a good deal?

    What term and mileage allowance?
    36/10000
    .00150 and 55%

    Is $67,900 the MSRP?

    if so, what is the selling price?

    What does the $5000 cover, specifically?
    MSRP is 70,400

    Selling price is 67,900, but trying to negotiate that down.

    I have no idea what the $5000 covers, but here are the figures they gave me:

    MSRP 70,400
    Discount 2500
    Adjusted Price: 67,900
    Taxable fees: 1095
    Doc Fee: 85
    Tax: 288.38
    Non Tax Fee: 802.75
    Total: 70,171.13

    Even if the first month's price is included, that's about 3300 including all those fees up there. I don't know what the 5000 in down payment covers.
    First, you need to clarify if the $5000 is with or without the first payment included.

    Using the MSRP and "adjusted price" of $67,900, I calculate a payment of $970/mo, plus tax.

    Not that far off the dealer quote - but, knowing how much of that $5000 is cap reduction could tell me if the dealer has marked up the MF from the base of .00150. I'd say they are, but don't have all the numbers to prove it.

    Ask them what MF is used for their quote.

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  • ReskvReskv Member Posts: 9
    What is the MF and RV for a 2021 AMG Mercedes-Benz 63s Sedan and Coupe? It's certified pre-owned.

    Location: New York, NY
  • kyfdxkyfdx Moderator Posts: 208,901
    Reskv said:

    What is the MF and RV for a 2021 AMG Mercedes-Benz 63s Sedan and Coupe? It's certified pre-owned.

    Location: New York, NY

    Sorry, we don't have CPO info.

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