Hi guys,
I’ve started looking into a Mercedes CLA as my next lease.
After doing my research I specced out a car to my liking, which has an MSRP of $36,000
Looking at various ‘fair purchase price’ websites, I’ve come to a number at which I would like to buy the car - $29,000.
Does this seem correct and reasonable?
Plugging in the numbers I get;
MSRP - 35k
Sales - 29k
Acq fee - $795
Miles - 1000/yr
Residual - 59% (Edmunds lease forums)
Months - 36
Money Factor .00043
MSD - x6
Monthly payment w/tax 260
Drive off - $2,547 (260 1st month, MSD 1800, Reg fee 480, tax 7)
Thanks!