What’s your opinion on this deal? Do I have more room?
Trying this again after verifying with Edmunds forum. I would appreciate any tips on this front.
Mercedes-Benz GLA AMG® GLA 35 SUV AWD 4MATIC®
MSRP: $54,740
Sales Price: $49,740.00
Monthly: $641.37
DAS: $2,500 (1st month + Acquisition fee $1,095.00 + Up front charges $810)
MF: 00161
Residual Amount: 29,042.00 quoted from deal
Based on Edmunds RV is 51% which is 27,917
total cap reduction: 1,047.83
Terms: 48 month/ 12,000 miles per
Prepaid maintenance package of $1610 is included in the monthly
Location: SoCal
Others: Credit Score 760+ MB Tire 1 - I also have fleet program discount through my company / Second Mercedes lease
Unknown/estimated values here always make me question. Have you verified rv/mf/incentives with edmunds? Have you verified that the dealer is offering the same?
Having current, accurate information for residual value, money factor, and incentives is important in understanding you deal. As such, going directly to a source that has access to that data from the captive banks is your best option. The forums at Edmunds are where we go to get that information, as they have direct access to it from the captive banks. You’ll want to post of the model specific thread for the vehicle you’re interested in and request the most current numbers for your zip code. It is often easiest to find that thread by searching Google for “Edmunds lease” followed by the model of vehicle you’re interested in.
Based on Edmunds forum response looks like rv is less than what the dealer quote = %51 vs %54 from dealer.
The money factor seems about right. In terms of incentive there is $750 dealer cash available which I might be able to ask them about. With all that said what is the forum opinion on this deal and payment amount?
A discount of 10% on a GLA35 is pretty average. This is a hard to find/popular vehicle, usually not alot of leverage. I would drop the pre-paid maintenance, otherwise payment seems competitive with other GLA35’s deals I’ve seen. Overall, it’s not a great lease, I would probably finance given these terms, but on target for this vehicle.
Do you think over 4 years maintenance would be cheaper paying out of pocket? I never understood the reason of buying it but also never paid out of pocket for any Service A/B so very unsure.
This charge is $1,610.00 for MB PPM 3 years
Do you have an offer sheet from the dealer? If they’re wrong on the rv, their offer is meaningless. Did they make the offer this month or did you get the offer previously?
Hey! I believe that the seller of the car must write to you the Vin code of the car. Moreover, they must write that the car’s Vin code has been checked and indicate on Epicvin. This is not classified information.