Picked up this yesterday, more details below
Year, Make, Model, and Trim: Mercedes A220
Selling Price: $36500 (includes $750 lease credit)*
Monthly Payment: $ 322+tax
Drive-Off Amount: $ 0
Annual Mileage: 10k***
MF: 0.00051 , reduced to 0.00002 via 7 MSDs
Incentives: 1st Month Payment waiver *, **
Region: Norcal, SF Bay Area
Leasehackr Score: 11.9y
Leasehackr Calculator Link:
- Lease credit of 750 was included in discounted price
- Merc has a 1st month payment waiver. However, the calculator comes off by ~350 so I just adjusted that in the incentives, not sure where that extra discount is coming from
- Actual deal was for 15k miles, so we are paying 361+ tax, just sign and drive.
Additional note: I saw someone do this and I tried: Bump the MF up by 0.0002, and offset that by 1% additional discount. Dealer profit remains the same. Then erreduce that higher MF by another 3 MSDs, saves you another 1% of costs. However, this dealer couldn’t do this because there wasn’t more margin on the front end.
Dealer has many 2019s on the lot, various models, all of them priced to around >15%, some even 20% off MSRP