Found a deal for a loaner GLE 350 4MATIC with about 4K miles on it. They are giving me 16% off MSRP the residual is 54% which is the same as a new 2017 GLE at 12k/year so that’s good and money factor is .00028 before any security deposits. They have marked up the aquisition fee a bit so it comes out to be $660 a month. Is 16% off a good discount for a loaner? Am I getting a good deal? I think with security deposits it would be down to about $640 a month. Thanks in advance for any advice.
whats the sticker price
$64,090 is the MSRP sale price is $53,600. Nothing down just first months payment.
Terms? If 36/10 yes a good deal for the car in my opinion.
It’s actually 36/12k. Has anyone else leased or bought a Mercedes loaner who can tell me what percent they got off the MSRP?
If you search, there are a bunch of MB loaner threads with info.
Sedans have larger discounts off MSRP (22-27%), but for an SUV, that is a good discount. Have you looked at the Volvo XC90 which could be leased for a lower monthly - $150-250 less per month, based upon trim and recent deals posted here.