Hi friends, I could use a deal check. I’m not sophisticated at leasing (that’s why I’m here and a LH contributor!)
Northern California
Mercedes GLC 2025
36 months, 7.5k miles
MSRP $56K, Selling Price $51
MF: .00107
Residual: 58%
Drive off: $3k
Bank Fee $1k
Reg Fee: $592
Monthly payment = $651 (includes tax)
(39 months = monthly 607 includes tax, residual 58%, everything else same)
Merc
January 5, 2025, 2:40am
2
Monthly payment with tax?
Yes that includes tax. I’ll clarify.
You can get a 43 for cheaper.
The deals are mostly 7,500 miles per year, because MB only charges $0.25 per mile over, it is cheaper to pay the penalty than paying higher monthly payment. Often MB would forgive excess miles if you lease another one from them, or you can sell at any time to a 3rd party, avoid the excess miles issue.
Please correct me if I am wrong about any of the above.
Can you tell me what 43 means?
GLC43. I’m guessing your deal is for a GLC300.
Ah I see. Yes, It’s a GLC 300. I don’t want an AMG, I don’t like the seats (too hard).
We really want driver assist. I’m seeing it’s rare on the GLC 300 but is common on the 350e. Maybe we should look at 350e leases instead (it seems they are cheaper, but I’m not sure why).
I’m sure she has better GLC300 deals for you. Contact her.
max_g
January 5, 2025, 9:08pm
10
Probably because the PHEV gets $7,500 rebate for the OEM/captive and they can incentivize the lease more.