2024 Mercedes GLB 250 - Preowned Loaner

Signed Deals & Tips
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2024 GLB 250 - Preowned Loaner, w/ 7.5k miles
Back then, Base price $44,650, + AMG Line Pkg, Panorama Sunroof, Burmester Sound, LED projectors, All seat floor mats = Retail price back when brand new $52,300

Selling price = 43,991 in Feb 2025; 16% decrease, but actual depreciation was 25 or 30%? They would not go down on the loaner price due to dealer owner policy? Probably bullshit but after 3 hours they still wouldn’t budge on that, only MF and trade in value.

36 month lease, 12k per year
RV 54%, 26,860
MF .00180
Trade In Vehicle value 14,250, Trade In Payoff 7,000 = Equity of 7,250 towards vehicle
Adj cap cost 38,232

Monthly $433.07 + 33.56 tax = $466.63 Total Monthly; when she went into Finance office, they ended up having it at $450 instead of 466, so thats about $600 savings over 3 years.

Due at signing/total drive off excluding the trade in equity, $750

I recalculated in excel during the negotiations and could tell they were sneaking about 1500 extra, but this was the lowest I could get them. I know they made off pretty good still.

When I try it in Leasehackr, it looks like I did not get the full trade in equity, when I try to back in to my payment, it looks like I got 6,140 of equity instead of 7.250, so they won 1100 there and also my 750 due at signing was pure profit too I think too. Hard to tell.
Anyways, I negotiated this for my cousin, her first Benz!

I think final leasehackr score was a 7. tough to recalc. If anyone here wants to recalc and tell me where they won me over, please do so!! Would love to know for future negotiations. Laters

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Post your best attempt at the calculator

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Did you get at least two other quotes for your current car?

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Did you consider simply directing her to one of the broker listed deals on this site?

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So you leased a GLB250 for $466/month with $7200 in trade equity + an additional $750 down?

What’s the dealers name? Time to go :unicorn: hunting now that the owner’s yacht payment is made

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Your DAS includes the $7K of the trade in and most definitely is part of your total lease cost.

Did you negotiate this bf going into the dealership? Did you have a target deal in mind (or compare this deal to one for a brand new GLB of similar MSRP)?

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to reply to your question, no we did not.

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So passive sarcasm aside, what would have made more sense there? Totally open to hearing and knowing where I could improve.

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No worries just a learning experience. For next time it’s usually advisable to do separate transactions (exclude a trade from your deal)

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yeah the issue was she went first to test drive and I told her not to talk about her trade in, but she messed up and did. So I knew from there on out we had a tough battle and kinda screwed us over.

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Whether you talked about the trade or not, should have walked away from the test drive regardless.

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Nothing good can come from going to the dealership with friends and family. Give them advice on structure, incentives, what is possible, etc. If they still want to make a bad deal then it’s on them.

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IMO it’s useless to focus on a done deal and actually reeks of spoonfeeding.

If you want to learn the skills that will avoid a lifetime of shite deals, then start reading Leasing 101 on the forum. Then learn how to start choosing hackable cars. No one maintains a list because it’s constantly changing. You have to be active on LH a month before you need a car.

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Since it’s signed already, all you can do is drive safely, enjoy in good health, and come here to ask questions prior to signing on the next one :slight_smile:

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