Newbie and first time lessor. The 2020 GLC hybrids have just come in. Here is the best and final ive got. Thoughts?
$62k MSRP
$34k residual
MF = .00166
$695/month with $5k down
10k miles
Thoughts?
You tell me, is this a good deal OP?
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For that effective monthly, couldn’t you get an Audi Etron?
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What’s the selling price and incentives? Is this for 36 months?
Looks very high for a GLC. $834 monthly is 
Hell, you could probably do an e-tron for that monthly without the das
Ouuuuuchhhh!! Way too much drive off and payment. Search here for comps and you’ll see why. Be careful, you’ll get hooked. It’s an obsession…
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Yes for 36 months.
Ive now spoken to a few dealerships and they are more or less in the same ball park. Inventory is low and the 2020s are fresh of the boat.
What are the incentives? What’s the selling price? As others have said… That is a very high payment. How much of that das is cap cost?
2020s fresh off the boat? Lol. You’ve been able to order them since 3/4th quarter last year. 5k down and $700 a month for a GLC is laughable. Hire a broker. That car should be less than that even with half that 5k down.
Do you have a car that you can drive until fall? Is the fresh off the boat GLC only option for you?
If you are in CA, I guess this car will not have a good sales. This GLC350e is not able to get the clear air sticker but BMW X3e and Audi Q5e can get with the similar price
If he can pay this much, get a Tesla finance for the same payment. New MX inventory is like 80k with their sky high rv it might be worth looking into.
Etron is a solid idea especially if you have a competitive dealer however deals aren’t a plenty. MF hiked to 0.00173 before msds as base, it’s messy at best.
To get below 695 with maximum dealer market allowance I’m eyeballing a 14% discount on a 24/10k with a 56% rv, NJ dealer fees and a 6k dealer allowance. 36/10 is 48% p+ -1 for prestige. Of course adjust discount per dealer allowance to get to ‘695’.
Don’t get me wrong it’s possible but the lack of posts has me firm on the idea that even with the insane trunk money and the insane incentives it might be hard to find a good etron deal, even with tons of inventory, a ‘19 my, and aged units, simply off MF alone.
I’m not sure what I’m saying, find a 19 loaner if you can it’ll be much cheaper glc wise. Look into other models, do the legwork on the Audi but be wary of the factors I mentioned above. I’m not 100% coherent I’ve been up all night but I should be mostly making sense.
I am emailing a dealer right now on a 2020 E350, the MF they have off the bat is .00113
Yours seems a bit high