Mercedes EQE Sedan lease help. What am I missing?

Ask the Hackrs
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Tried to lease a 2024 Mercedes EQE Sedan blk/blk with Distronics, former loaner. MSRP $81,665. Discounted to $69,885. Total $13,500 in incentives: $3000 Affinity, $7500 EV credit, $3000 for lease ending Star Loyalty.

Still couldn’t get it below 36 months for $699/month with $3k down, even after removing bogus $3000 protection spray. Dealer had RV at 54% and MF at .00299.

What am I missing? Did the MF go up and the RV down? I thought these were set Mercedes? Also, no one at dealer ever had heard of MSDs. How do I get these $500 payments everyone is getting?

EDIT: Using calculator, the tax and the high MF are probably what’s keeping monthly payments high. Still, dealer quote was $699/no with these figures and calculator says $633. Also, how has the dealer never heard of MSD? Are they not a common practice?

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Post your best attempt at the LH calculator for the offer you have.

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RV is set by MB Financial. Dealer cannot modify that. Dealer can mark up the MF and Aquisition Fee. According to RateFinder MF is 0.00189 at buy rate. So, dealer is marking up MF to try to make some money on this deal. Does your $69,885 discounted price include the incentives or is that before incentives?

Dealer could also be suffering from FOLP … Fear Of Low Payment

Sometimes a dealer cannot wrap their head around a $81k car leasing for a low payment.

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It’s 2024 model year, wait until december 2024 or march 2025 to hack it.

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True… but doesn’t the RV change depending on the loaner miles? Or does MB not do that?

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$69k was before incentives. Marked down ~15% due to being former loaner. It was the posted online special former loaner price.

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Was trying to do now since have the $3000 Star Loyalty stackable incentive. Plus ~15% off loaner seems about right.

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Do you have any kind of deal sheet from the dealer? Have you been able to replicate the dealer’s offer in the calculator?

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Sounds like the dealer just doesn’t want to deal with the paperwork for MSD’s. And yes, maybe there’s a little of that “fear of low payment” going on.

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If you are in the Seattle metro, you might look out of area. That’s what I ended up having to do with because of the unscrupulous dealers.

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Any recommended dealer?

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