Deal check on below. Thoughts?
Money factor is 0.00082 (1.968%) is this good?
Did you try to replicate in the calculator? Will confirm whether the deal is clean or not.
you have no thoughts on it?
A broker is advertising 15.5% off. This is about 16%. If the MF is same looks good.
Here’s your deal. You’re getting about 16% off sticker with buy-rate MF.
Overall it’s a pretty solid deal for a GLS. You can try to push for a little more discount and see if they budge, but even if they don’t it’s still good. I would lower the cash upfront if you’re going to move forward.
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Can you elaborate on what specifically to take out of the cash upfront and do you mean eliminate or roll into lease? If roll into lease why? Thanks!
This is without any MSDs. I’ve noticed most things advertised on the site are with max MSDS applied
If you can swing max MSDs your effective drops a lot & just do $0 DAS since the MF is so low. Solid deal.
Same deal just structured a little better:
$0 driveoff (rolling first mo payment too)
10x security deposit ($10,500)
$932/pm tax included
39mo 10K miles
MSD has no effect on discount percentage.
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$913 x 35 + $5,784 =$37,739.00 hardly seems like a hack especially on a former rental, frankly the worst type of used car.
Especially when one owner 2024 CPOs are like $65k for example this one.
Most cars only have a single best strategy: (A) buy new; (B) buy used; or (C) lease, return and lease again.
For double the price… not looking to buy
Why would you suggest $0 DAS? I think I prefer lower monthly.
put the money in a bank account that earns interest, your lease interest rate is less than 2% APR
if the car gets totaled – high probability any dollar you put down goes away
MSDs are still protected hence this is the best structure
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got it. Thanks for the insight! So you get MSDs back even without gap insurance?
Lease comes w gap insurance - getting what you put at signing is very tough w the way the contract is.
I think Benz has conquest voucher incentives this month… I know they were a thing last month but not sure about December.
Makes sense. Thanks!
Just looked it up. Looks like 2000 thanks.
Check with your dealer. They are very strict. Not every dealer or even broker here will accept it for former loaner, cosigner, etc. Based on my research they have limited $2k conquest coupons.
BTW. It was in November.
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