2022 Mercedes GLB250

Signed Deals & Tips
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1

Not the greatest deal considering ones I’ve done in the past, but not bad in this market. The value in the deal was getting the trade in value to allow for equity as Mercedes just isn’t offering discounts now. I think they will soon as inventory gets freed up. Could have probably gotten a better deal in a couple months on the discounts, but I have a feeling our trade in value would be a couple grand lower and would probably balance out.

$41,525 MSRP
$0 DAS (6,000 in trade in equity applied from prior lease $33k trade in w $27k buy out).
48 months
7500 miles per year
$459 a month taxes included

We started at trade in plus additional 3k out of pocket for $617 a month for a $4300 msrp, valuing trade in at 29k. Got to $0 DAS with trade in at $516. Got a deal from an AutoNation Benz dealer for $33k for trade in rolling all equity for a $459 payment on similar car to our final one. Dealer said he couldn’t match it. Gave him 4 hours and he found a way to match the deal.

2

You’re paying roughly 68% of the cost of the vehicle over the lease term. Feels like financing was the better route here

8 Likes
3

Ya, I’m sure the math could justify the purchase, but in that case why not go all cash. It’s my wife’s car, and we wanted to stay under 500 a month, and we’d have to extend the term to get that payment.

Also, I live in California. The governor signed an executive order calling for 35% of cars to be EV in 4 years and close to 100% in the next 10. Don’t want to get stuck holding a depreciating asset when demand is forced to shift to EV.

5

Regardless, it doesn’t matter anymore since you signed already. Enjoy the car in good health and post pics!

Pro tip: post the deal on the forum in the ‘Ask the Hackrs’ section before signing to get the full weight of everyone’s opinions

4 Likes