Are you in the market for a new or used vehicle and having difficulty finding something in your budget? Or are you finding yourself making trade-offs to find something you can afford (i.e. less cargo space, lower trim level). A reporter from a national news publication would like to speak with you about your experience; please reach out to PR@Edmunds.com by this Friday, 11/21 for details.

Money Factory & Residual

Harriskhan11Harriskhan11 Member Posts: 7
edited March 2024 in Mercedes-Benz
Hi can someone please confirm what is the money factory and Residual on a Mercedes Benz GLC 300

Current offer i am getting is showing the following for a demo car

Loaner Mercedes Benz 2023 GLC 300 4matic :
Demo/ current mileage : 6400
36/10k
MSRP: $60600
Selling Price: $49380
MF: 0.00244
Residual: 57%

PRE-TAX MONTHLY PAYMENT: $619

Total Cost: $27,184

Comments

  • kyfdxkyfdx Moderator Posts: 270,657

    Hi can someone please confirm what is the money factory and Residual on a Mercedes Benz GLC 300

    Current offer i am getting is showing the following for a demo car

    Loaner Mercedes Benz 2023 GLC 300 4matic :
    Demo/ current mileage : 6400
    36/10k
    MSRP: $60600
    Selling Price: $49380
    MF: 0.00244
    Residual: 57%

    PRE-TAX MONTHLY PAYMENT: $619

    Total Cost: $27,184

    .00244 MF and 57% residual is correct

    What is your location?
    What is the amount Due at Signing?
    $619 X 36 = $22,284

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

Sign In or Register to comment.

Your Privacy

By accessing this website, you acknowledge that Edmunds and its third party business partners may use cookies, pixels, and similar technologies to collect information about you and your interactions with the website as described in our Privacy Statement, and you agree that your use of the website is subject to our Visitor Agreement.