2017 Mercedes-Benz GLC 300 4MATIC - Lease help in NJ

Ask the Hackrs
1

Hi All,

I’m new to this forum and trying to do my first lease. I came across this forum while looking for some advise on how to lease and after reading so many topics on the forum I was amazed how so many people were able to get so amazing deals.

I’m looking to lease a 2017 Mercedes-Benz GLC 300 4MATIC for 10k/36 in NJ and went to a dealer last weekend (without any prior knowledge of lease and prior to my discovery of this forum). The dealer was anxious to make a deal but I wanted to shop around and see what else I can find.

The below is what the dealer quoted me:

Market Value Selling Price: 51,355.00
Discount : 1,000.00
CILAJET : 495.00

Total Purchase : 50,850.00

Tax : 1,823.00
Doc Fee : 389.00
Non Tax Fee : 609.90

NET PRICE : 54,766.92

He gave me a number of $680 per month with $4300 down for taxes and fees for 10K/36 month lease.

Can anyone please advise me on how to approach with the lease. I can drive to PA/CT/NY if I can get good deals.

Thanks in advance

2

Are you against leasing a low mileage retired loaner?

3

Seems quite high. This is on the Prestige MB Lease specials page. I believe they are in Paramus:

http://www.prestigemb.com/specials/new.htm

Even checking on the Honcker app, you can get a 12k 36 month for 596 with 2200 due at signing.

4

https://www.mbwhiteplains.com/vehicle-details/used-2017-mercedes-benz-glc-300-white-plains-ny-id-14930826,
leasing this loaner that has 280 miles on it will lower your payments, keep in mind you will loose 281 miles from the 30k you are leasing. I assume you can get another 1500ish off the sales price, and come with a final sales price of about 43k. With this final price your total monthly payment will 493 with nothing down but it includes 10 MSD’s and auto pay.

5

by the way that has a 9% tax that I forgot to take out

6

Also truecar is showing 5k off for Boston so I think the discount he is giving you isn’t good at all

7

Agree, his discount is terrible. I would look for 10% off the MSRP as a starting point.

8

That’s funny… The quote I described was from Prestige MB in Paramus NJ