Hi, thoughts on this deal?
Car: 2020 Mercedes Benz C300W4 Loaner
Miles: ~5k
MSRP: $45,925
Selling Price: $38,800
Monthly Payment: $420 (Including 6.25% MA Tax)
Drive-Off Amount: $2,000
Months: 36
Annual Mileage: 10K
Region: MA
- Too low of a discount for a loaner.
- What are the incentives?
- Have you confirmed RV and MF from Edmunds and compared against this deal?
Thanks for the feedback. What % discount should I target for a loaner?
I agree to low of a discount. I got a Manager Vehicle in 2018. Please see below. I just hit 2 years last week. Have one more year. I don’t think my deal was good either, but just so you have an idea.
Current Lease Info
2018 C300 (Manager- CPO)
MSRP: $48690.00
Selling Price: $36999.00
Miles when I got it: 7600
Lease Months: 36mo
Allowance: 15k/year
Monthly Payment: $491.01
DAS: $1085.00 ($491.01 First month + $548 Admin fee + $46 other fees)
Rent Charge: $2937.71 (MF comes out being 0.00122)
Residual Value: $25807.10 (Residual 58%)
Gross Cap Cost: $40545.75 ($36999 + $1095 acquisition + $2451.75 GA Taxes)