dmax04
October 21, 2024, 8:48pm
1
Hi everyone, looking at leasing my first MB. Below are the offered terms on a 2025 MB GLS 450 - 36 month 15k miles per year
MSRP: $102,120
Discount: $2,000
Prepaid maintenance: $3,920
Agreed price: 104,040
Residual: $52% - $55,140.80
MF: .00259 (Tier A1, per the dealership)
Due at signing: $2,569.19 (includes first month’s payment)
Monthly payment including PA taxes: $1,966.19
I appreciate all the advice! Thank you!
ahash
October 21, 2024, 9:14pm
2
Terrible deal.
Plenty of brokers here who can get you a much better deal.
max_g
October 21, 2024, 9:28pm
3
This is one of those vehicles that get no lease support at all and you’ll probably be much better off buying it
5 Likes
This has you paying almost $72,000 to rent it for 3 years.
mikem
October 22, 2024, 11:49am
5
this or the x7 is perfect as a cpo purchase on something a year or two old. let someone else take the massive first year depreciation hit.
djrabbi
October 22, 2024, 12:12pm
6
Yeah 2000 is nothing. You will need to be at 10%+ to even think bout this deal. I would buy out slightly used or wait till December and see where dealers are at
MuMu
October 22, 2024, 1:38pm
7
Buy a certified one for $70k. Then you’ll have a free boat at the end of 36 months.
3 Likes
Yup! This is the route to take unless you are getting huge discount on a new one. You can get a loaner for a pretty decant discount off the bat.
Yikes. Why not just finance it instead?
djrabbi
October 22, 2024, 6:15pm
11
I think we have a broker on here that works with Tom Masano too.
2 Likes
I kind of wish @thevolvoguy would start selling MB instead of suffering with Volvo. The dude hasn’t been on LH in weeks. He may have never made it back home after hand-delivering a XC60.
3 Likes
djrabbi
October 22, 2024, 6:18pm
13
Lol or he got a bad review of all 0’s
Poor guy
2 Likes
nyclife
October 22, 2024, 6:20pm
14
I can blow this out of the water for you.
1 Like
hand delivering is the most thankless task ever – Volvo guy has a monopoly on the Long Island market
Unfortunately his Monopoly was more like Mediterranean Avenue (which is probably the Jersey landfill that @li8625 lives in) instead of Boardwalk.
1 Like
@li8625 is a Newark guy - NJ is the armpit of NYC - although some nice places like alpine
1 Like
Lol, the entire Newarkopoly board is a slum.
2 Likes
li8625
October 22, 2024, 7:39pm
19
Yeah cause it’s in Delaware.
1 Like
system
Closed
December 21, 2024, 7:40pm
20
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