2019 Mercedes-Benz GLC 350e 4MATIC
(Numbers are close but not exact)
MSRP: $59,000 (includes 995 destination/delivery)
Selling Price: $46,750 (bought service plan for $1,500 probably a mistake in retrospect, gross capitalized cost $48,250, adjusted capitalized cost $47,700)
Monthly Payment: $600 (incl CA tax)
Cash Due at Signing: $3,000 (included 1st mo payment)
MSD: none, this was an option they offered but didn’t go for it
Incentives: $1,500 association discount
Months: 36
Annual Mileage: 10,000
Residual: $33,550
Region: Socal
Did you sign? If so, welcome and enjoy the new car!
So you say you got a ~21% discount and you still ended up with effective payment of about 1.18% of MSRP on a 10k lease???
Minus the snark, do you know what the MF is? The selling price looks great, but I don’t understand why the monthly is so high, given the other numbers. Is the dealer padding something?
What does the Service Plan add, is that MB Prepaid maintenance? You’d only have to pay for the 20k and maybe 30k service and no way that is anywhere close to $1500. You might be able to cancel that and get the money back if it doesn’t make financial sense.
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MB prepaid maintenance is also applied with residual value. $1500 x residual rate = what you actually paid.
However, I’m not sure why your monthly payment is at this range since you got 20% off. Didn’t you put MSD?
Yep, signed and really enjoying the new car!
Didn’t put the MSD, wasn’t a good option for me at the time we signed
