EV Credit with Lease and early buyout Mercedes GLC 350e

[javacava]

location CA
Original msrp 67765
dealer discount 6211
selling price 61554.00
residual 37948.4
IRA credit 7500

CAPPED Fees 1095
Cash cap reduction 11891.18
Total cap rediuction 19391.18
Adjusted cap cost 43257.82
Amt due at start 22500
customer cash down 15000
Disposition fee 595
monthly rental 391.1
Total monthly payment 427.28 (Above line + tax)
36 months 10k miles
Goal was to reduce total cost with a quick buyout–we went with a different dealer.
What lease end buyout amount would one expect, say within a few months, ignoring interest which would depend on how long? 56% residual being based on original msrp did not look like the right lease end buyout as rep explained it as part of total cost.

[Spoonman]

There is no point, only risk, in putting $15,000 cash down.

[mllcb42]

@javacava

What lease end buyout amount would one expect, say within a few months

The lease end buyout will be the residual value plus applicable fees and taxes. That doesnt change at any point.

If you’re asking what your early buyout amount would be, it will roughly be your adjusted cap cost from your lease contract plus applicable fees and taxes. You will need to look at your lease contract to see if it has Mercedes’s 4% early buyout penalty on it or not. It seems to be state dependent.