How do I calculate APR from this Mercedes Lease Offer

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1

I did a build to order 2024 MB C300 4MATIC in IL. The car finally arrives within the next couple weeks.

  • How do I reverse engineer this MB lease payment to determine the MF in their deal?
  • How I determine the car’s residual value at 3 years using their info?

I understand my final numbers will differ as I have a higher purchase price, taxes and will be dealer fees. But think if I can determine the MF and Residual Value in the MB offer I can see if the dealer doing something else with those numbers. Thanks

The MB deal to Sept 3, 2024

MB Finance
MB Finance1639×1298 260 KB

2

Adj Cap = 45102
RV = 30060 (60% x MSRP)
MF = .00201 (numbers in Ad were rounded)… this is very close if not dead on accurate (APR is about 4.824%

??? Let me know.

3

Thanks much for the reply.

p.s. Northwestern was also my alma mater! BS '74 MS '76 Go Wildcats! :grinning:

4

This doesn’t directly answer your question, but advertised deals are also poor, so trying to reverse engineer the inputs won’t change that this prob isn’t a deal worth pursuing.

Having said that, you can get the buy rate MF and the RV by signing up as a Super Supporter here and using Ratefindr or by asking on the pertinent Edmunds forum.

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Oh yeah! Go Cats! I did my grad work there in the 70’s while living in Evanston which, as you know, is much different today.