Enjoy the car, and learn for next time. No use getting down on yourself now.
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Where is this? Do you mean Fremont, CA?
Nothing you signed it. Enjoy your GLE!
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Unless he bought an F&I add that can be refunded.
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Step 1: Put on your military uniform…
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Trying selling it…
You can be a big loser, but it’s impossible to be a big looser.
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Yes.
Initially they provide 7k and 1100 per month
Is your MF actually .0035?
Did that include MSDs?
I just need to figure out how bad it is. Feel not good right now.
7300 is down payment and 2k is fees
Then figure it out and learn. I posted a resource to help you do so.
Go enjoy the car, it’s a great car. The deal is done, no reason to look back. Learn from your mistakes in 36 months.
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MF = (6900 Range Charge/ 36 month )/ (60.5k Adjusted Capitalization cost + 38k Resedual value) * 2400 = 5% , right?
ok 1% of car cost with 2k on sign off:
62k / 100 = 620 * 1.1 (for taxes) = 682 - 820 * 36 +5000 = 10500 what’s I am lost.
Does he not have an option to buy out and come out better than leasing? I didn’t do the calcs but it looks like there’s at least 350 a month in rent charge alone.
Don’t know how MB payoff would look like bud I’d certainly consider it
0.0035 is not 5 percent, it’s more like 8.5%.
Live and learn. You’re driving a Benz at the end of the day though.
Find out your payoff once you setup your MB account.
Next time will go to BMW.