2020 mercedes e350 loaner deal

Ask the Hackrs
, ,
1

Someone, please help breakdown these numbers

MSRP: $58995
Monthly Payment: $499 + tax
Drive-Off Amount: $2454 (Based on 7.75%)
Term: 36/10K miles a year
MF: 0.00075
Residual: 55%
Additional Incentives Available: $1000 (Fleet)
Leasehackr Score: 9.1

Under my calculations:

If selling price is $46,920 and residual is $32,447 that gives me a difference of $14,473. $14,473/36 months gives a monthly of $402.02 pre tax monthly

How did the original offer come up with $493 pre tax monthly?

Even with interest it doesn’t add enough to the $402.02 that would increase it to $493

Am I calculating this wrong? I apologize for my ignorance in advance.

2

The adjusted residual is 53.05%, or $31,296 because of the demo mileage. + money factor

3

ok the numbers make sense now, the mileage is too high and mf doesn’t make this sound like that great of a deal. ive seen others get a much better monthly on a loaner with higher msrp car. thank you for posting

i know it’s not the same exact car but this post was a better deal

4

The lease term is for more miles on your car which drops the RV, you have $2k less in incentives, and you’re not putting down MSDs.

5

Does the fleet discount for lease now became $1k? Or still $500 like it used to be? Thanks:>

6

Some vehicles are $500 and some vehicles are $1000. Just depends on model

7

This topic was automatically closed 60 days after the last reply. New replies are no longer allowed.