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

[max_g]

@vesne1819

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

And the business would have deducted the depreciation on the vehicle if you financed it. There was no real benefit to leasing here.

And using it for your transportation business probably puts you in default of the lease.

[vesne1819]

I don’t know if this vehicle would qualify for the premium benefit to depreciate 100% for the first year….
But it’s a thought.

If you can help me get a better deal….

I have a second chance here!!

[jeisensc]

@vesne1819

I had to purchase the car that day, because my credit would go down in the following weeks….

100% False. Don’t worry about multiple inquiries when shopping

The Credit Thread

The dealer ran my credit seven times (or I went to seven different dealers and they each pulled my credit once) – and my credit score dropped 50 points. The truth is that credit inquiries make up a very small portion of your credit score, and credit scoring algorithms recognize how common it is to rate shop, or to shop at multiple dealers. For this reason, multiple inquiries of the same type within a reasonable period of time (generally 14-30 days for auto financing, depending on the score mod…

@cjcjcj

as a tax person, I hate the “I leased it for the tax benefits” argument. You’re still spending $1000s to save 100s

Spend $1 to save $0.30

@vesne1819

I have the chance to make up with myself and help my father!
I just want some advices!

Roy felt the same way about Mantecore before he mauled him (what a day at the office that was).

Here is the advice you asked for, don’t go back to that dealership. And when you are able to walk again, enjoy your new MB.

[z0lt3c]

If you signed this, I would buyout the lease immediately and refinance with a conventional loan.

[anique]

@vesne1819

I have the chance to make up with myself and help my father!

Do you really have to? I personally would never trust your “friend” or trust you with money if you agreed to pay $67k to lease a car that is worth $76k. Your father might be better off contacting another dealership by himself.

[MuMu]

Will they buy this one back after a day and let you upgrade to a G wagon for shows $4872 per month but $4820? Because he’s your friend.

[vesne1819]

Thanks, mate.
But my credit will go down for other reasons…
Not for the inquiries.

[vesne1819]

He’s not my friend , indeed.

I’m just asking you guys if I can get some help to get a better deal for the next one.
Any tips?

[vesne1819]

I will never do this. I don’t like the Gs! lol

[Mike_Ezginder]

Send your father the LH marketplace link and ask him to hire one of the reputable brokers. He will save thousands for a mere one time fee.

[vesne1819]

I’m doing that right now! Thanks brother

[Mike_Ezginder]

You can always post your best quotes here and collect feedback, its just highly unlikely that your random dealer will quote you a better deal than LH folks in the first interaction.

[vesne1819]

Learning the lesson! Thank you!
I’m reaching out some brokers here, I will see how much the dealer will offer to me tomorrow, and I will let you guys know!

[itsrishi]

Was this the new 2025 redesigned GLC 43? If so it makes it easier to understand the terrible deal since it just launched.

[z0lt3c]

@vesne1819

I’m reaching out some brokers here

You are getting about 6% off. I’m sure a broker could do better, but they can’t turn the GLC43 into a good lease program. If this is the car you want, you should buy it, not lease. It’s not a terrible deal, it’s a terrible program. Or better yet, look for a slightly used one.

[vesne1819]

Yes, the car is gorgeous!
Fully equipped. Beautiful color. You don’t see this one everyday on the streets….

[vesne1819]

The best answer I’ve got so far!
Thank you!
I know AMG are not that easy to lease.

But thanks for your feedback!
Really means a lot to me.

Do you think should i try to refinance while I have time?
What would you do if you were in my shoes ?

[Ursus]

@vesne1819

I know AMG are not that easy to lease.

There is $2,500 fleet on 24 GLC43 and $3,000 on the GLC300 that you returned.

[z0lt3c]

@vesne1819

should i try to refinance

If you have already signed, I would look to buy out and refinance. You may not be able to lower your monthly payment, but you can apply more of it to principal with something like a 72mo loan at 6.24%. And then refinance again, in the future, as rates fall. Any way you work it, you are paying a lot of money in interest to finance $80K with no down payment.

If you haven’t signed, I would absolutely look for a broker offer, maximize rebates and/or look for a slightly used option like these–

[AutoCompanion]

Thank you for the shout-out @Harry657ha