Got a GLC AMG43 after returning a glc300 one day after I leased

Ask the Hackrs
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2024 GLC300 returned after 1 day and then exchange for a GLC AMG43

Hey folks!
2 weeks ago I went to a Mercedes Benz dealership and bought a GLC300 on the lease.

White with night package and AMG kit.
Was 56700 and I was able to negotiate to 50900.
36 months and 12k per year.

The deal:

$3000 down
36x 790 for 10k
I was able to negotiate to 892 with 12k and the VIP Elite.

The thing is:
I test drove a different car from the one that I actual bought .( didn’t have the driver assistant)
This led me back to the dealer which they accepted the return.

Now comes the tricky part.

I was interested in a GLC AMG 43 fully loaded. The prettiest color ever( manufackt graphite gray)

But the MSRP was 76500…
Way above than the 50.900…

To make it short , I was able to get a deal with:

Since I put the money down on the one that I returned.
I’ve got this:

48x 1317… with 12k / VIP elite service
You will see 1346 but went down to 1317
I can get off the lease on 42 and the salesman is a friend of mine and maybe I can get off on 36 months with another lease…

I’m attaching the 2 deals…
The AMG was harder to get a better deal with…
I really want your thoughts regarding this.

What do you guys think?

My first lease deal. Never leased a car before. I didn’t do that much of research here.
I had to purchase the car that day, because my credit would go down in the following weeks….

I really appreciate your thoughts on it!

If you guys think I might got a bad deal I still
have the chance to payback! I will lease another vehicle for my dad at the same dealership!
My father wants the electric one (EQB or EQE)
He has a financed GLC300 ( dealer pays 27k , he still owes 13.500)
From what my father told me .
The dealer would get his car and rebate the 13.500 on the lease one. And his monthly payment without down payment with 15k would be 330$ 30months.

I want to get the best deal for him, what’s the next steps should I take?

I really really appreciate you guys!!!

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1 Like
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Terrible. 67k to drive a 72k car for 4 years not to mention being out of warranty for part of the lease?

Also for your dad’s “deal” it does have a down payment: his 13,500 equity. It’s not 330 month it’s 750+.

Reach out to a broker. Imo you’re in over your head and a dealers dream…

This should be a fun thread.

17 Likes
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Oh shit did you already sign? Well, we all learn once.

Don’t let your dad do a deal without understanding the mechanics of the deal. You’re better off with a broker.

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Thanks for your opinions, gentlemen…
Lesson learned…
I will learn from this experience, for sure.

The first deal was average imo.
The second one, terrible indeed….

Do you think a broker would help me get a better deal off?

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A broker would at least get you a baseline decent deal instead of letting the dealer put a down payment on a new yacht off the profits they just raked in.

for $1,300/month you should be leasing a $150K MSRP car minimum if you’re trying to be in a hackable lease

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Getting off at 42 is only if there’s a pull ahead program at that time, not guaranteed for 6 month pull ahead. Getting off at 36 months, is almost certainly going to be a loss, even if it’s your own brother who’s the salesperson.

Also, salesperson being your friend….either a poor friend who took you for a ride or has no idea what they’re doing.

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First lease ever, without the properly knowledge…
I want to try to get off on 36mo, 42…
But the situation is 48…
What would be the price you guys would close this deal?

8

Trolling?

Who needs friends like this? Did he at least buy you an expensive dinner?

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You may not understand leasing but 1317 x 48 months + $4k giving them at signing. The price of the car is about $5K more.

How do you not realize that as youre sitting there and looking at the numbers…?

You then give them the car back vs if you financed youd owe $5K and own the car.

That to me is common sense not the lack of understanding leasing numbers or what a good deal is.

5 Likes
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Big mistake.

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I have a luxury transportation business and the lease will be deductible from the tax return.

12

You’re trying to justify all this… everyone has given you feedback that this was terrible and to not make the mistake again. There are resources here but only if you’re willing to learn.

And as a tax person, I hate the “I leased it for the tax benefits” argument. You’re still spending $1000s to save 100s… You can also depreciate by Buying a vehicle…

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We would finance it, not lease it. It’s nuts to spend $63k on a lease for a $76k car.

Also if you wanted a 36 mo lease why not do that from the beginning? About $100 more per month.

14

Not trying to justify at all! This was a terrible deal! I will leave with it.
Someone asked me why I did lease and not financed …
I have the chance to make up with myself and help my father!
I just want some advices!
I really appreciate all your help

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check what @AutoCompanion has on his GLC43. think he posted some deals last night

1 Like
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Just reached out! Thank you!

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Im hoping you havent signed this. If you have, thank you for taking one for the team, let us know what dealer it is so we can low ball their EQS’s since they made a ton of money on this deal.

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So wouldn’t theOP be better off buying out the lease now rather the waiting?

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Maybe, if I get a deal. But I would like to finance with 36months …
Maybe I can get this deal along with a new lease…
If you guys help me here!

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Anytime! lol
Can you help me get a better lease deal?