2021 GLC 300 4matic - deal check

Ask the Hackrs
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1

How does this sound?
Was not sure about the inception, played around to match the dealer quote.

leasehackr.com/calculator?make=Mercedes-Benz&miles=10000&msd=5&msrp=49595&sales_price=44040&months=42&mf=0.00071&dp=0&dealer_fee=0&acq_fee=800&taxed_inc=0&untaxed_inc=0&rebate=0&resP=52&reg_fee=500&sales_tax=9&demo_mileage=0&memo=&acqFee_check=true&monthlyTax_radio=true

2

Dealer agreed for following numbers-

MSRP - $49595
discount - guess around 11.8%
incentive - loyalty and corporate $1500
Monthly - $500 inc tax and fees.
upfront - first month
MSD - 5
Including MB care

3

Hi,

Any thoughts on the above deal?
Should i sign?

Only change - Instead of MB care, dealer promised to reset the maintenance for an express oil change at $150 per service.

thanks!

4

So your previous quote included maintenance… how did excluding maintenance make your deal better?

Why are you guessing what the discount is?

How is the dealer fee $0?

5

Well, I was unable to match the deal with calculator.
Modified the fees to bring it to the number quotes.

Here is the breakdown -

MSRP - $49595
discount - 11.5%
SP - $43909
incentive - loyalty and corporate $1500
Monthly - $500 inc tax and fees.
upfront - first month
MSD - 5

Could not match the calculator even with 0 dealer fees.

6

These calculator links mean nothing if you just make up numbers. Can you post the dealer’s worksheet?

7

When you can’t get the numbers to at least come very close to matching, it’s in your best interest to figure out why. Evaluating a deal that doesn’t add up doesn’t do you much good, as you’re not actually evaluating the deal.

8

Here is more explanation on the deal.
I fail to match the calc with the quote.

From dealers email -

Sale price $42399 a total savings of $7186 includes all loyalty and incentive. The residual is 52% $25784.20 and the money factor is .00036 base .00071 reduction for msd’s .00035 net factor .00036

On asking for fees -

The fees are that I am capping ( rolling into the payment) the acquisition fee and the tag transfer $1095 acq fee and $496.47 tags $5.00 tire tax cap cost is $43990.47 You are paying the 1st payment of $500 and 5 msd’s@ $550 ea total $2750. The security deposit is calculated on the payment before the interest reduction.

I have not received a dealer incentive. But dealer claims he is losing $180 on the deal.
And dont see anything missing with MF or RV either for the term. Confirmed with Edmunds.

@mllcb42 @Jon

9

Why are you doing a 42 month lease vs 36 months?

10

Works out pretty close to their offer. Off by a few hundred DAS, but that could easily be based on how taxes are applied

11

thanks!
Didnt realise i could uncheck the acquisition fee and gov fee to not pay upfront.

So is this is a good deal to take?

12

well, i wanted to be under $500 and without paying anything out of pocket.

13

I understand but are you okay paying for a full year of registration (in your last year of the lease), but only using the car for 6 months? What about maintenance costs such as oil changes? They can get pricey.

Is it in writing? Will it cover all oil changes or just the first one?

14

With registration, i have already paid for current tags until feb 2021 and will be transferred.
It just a couple of hundreds any way.

Sorry, may be i was not clear. They will not cover the oil change, i will have to pay for it.
But, have it in writing that the maintenance would be reset as any other maintenance if i get the express oil change service.

15

What’s the need to get that overpriced oil change in writing? $150 per oil change for a 2.0 4-banger that probably needs 5 liters max

16

Leaving the maintenance, will try to get this included.

Is the deal good on other terms?