The monthly comes out to $524 a month including tax. Does this seem like a good deal? I feel the MF is a bit high. and when I asked about making multiple deposits, he said 5 deposits is the maximum MB can do, but I would not be able to do MSD on this vehicle because the MF is already lowered from the standard rate of .00225. Is that correct?
If the only thing holding you back is the MSDs, you could tell him that you’re confident he is incorrect on the issue, and if he’s willing to verify that for you then you would be willing to move forward.
Sale Price: $48,000
MF: .00238 (This seems absurd?)
RV:$30,184.65 (Not sure on the % - Is my math right @ 63%?)
Down: $3,000 (Sales person couldn’t tell me where this money was being dumped)
Term: 36 month
Hey all - New to the Forum. Gut tells me, right off the bat, that this is a bad Lease. I know that the MF on the GLC300 AWD right now should be .00148. Told him I wanted to do MSD with MBF and Auto Pay. Though I have a feeling those haven’t been factored into this deal?
He also suggested a 1pay, instead of MSD. Buy down with 1pay is .00080
A $741 payment on a 50k GLC300 is a terrible lease (made even worse by the $3,000 down). Admittedly, I have been told that the GLC300 sells quite well in the NorthEast (suburban Philadelphia specifically) so dealers may be much less willing to deal too much. If they are only taking 2k off the MSRP, then I would think you would do much better to look at other options from say BMW, Infinity, Lexus as you can lease great cars of similar size from all of those manufacturers for significantly less than $741 a month with 3k down.