2018 Mercedes glc300 4matic suv loaner

suv
mercedes-benz
#1

Msrp $49965, loaner with 5000 miles
Selling price $42256
Mf 0.00081
Will try to do ten msd to bring mf to 0.00011
Residual 54%
36/10 term
Monthly $453
Drive off $3567( includes taxes, fees, dmv)

With msd should bring the payment to around $405

Thoughts?

#2

Ended doing this deal for a different car the dealer had. Still a bit confused… But seems like a nice deal…

2018 MB glc300 4 matic loaner

Msrp $51795
Selling price 42116
Mf 0.00011
Msd - 10 totaling $4520
Residual 54%
Term 36/10
Drive off $5008 (includes 4520 msd and first payment)
Monthly $509 (includes taxes, fees, dmv)

Also got prepaid service plan in this cost.

#3

Your MSD amount is totally wrong. I think 10 MSDs should be $6000.

#4

It’s because he calculated it off of the original payment of $450 prior to rolling in taxes and fees and adding in the prepaid service.

#5

Seems like the whole lease it’s way off

#6

The dealer doesn’t get to pick what the MSD amount is. The contract will be rejected by MBFS.

#7
#8

This is basically what he used

#9

That matches nothing you’ve posted. MSDs and drive-offs totally differ. Also, prepaid maintenance should be residialized.

#10

Monthly is 452 without tax and fees rolled in. 10 msd is 450x10= $4500. That should be right

#11

If monthly is $452, then each MSD is $500.

#12

I rolled the fees and taxes into the payment. Payment went from 452 to 509.

#13

Why not post your contact? With the numbers you stated, MBFS will reject that contract because it is totally wrong.

#14

This says msd rounded to nearest 50 dollar amount

#15

Ok give me a minute…I’ll post it…

So if they reject it then what happens?

#16

The dealer has to re-do the contract with valid numbers. If not, you have to return the car.

#17

So will they jack the payments up? Is it in my best interest to bring up the issues with the numbers or just wait it out?

#18

They probably won’t believe you anyways, so I’d just wait until they say something.

Are you in NY or NJ?

#19

Needless to say I’m very confused. Hopefully it all works out.

#20

Midwest, thanks for the help