Mercedes Onepay Lease

Ask the Hackrs
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1

About to finish out a deal on a new GLC this week and going back and fourth on if I should do a 1 pay or not. It’s a nice savings of $3,000 over 24 months… But yes does block cash up right up front. Does anyone know if in 18 months I use a pull ahead program would the amount paid up front be credited back? Anything else I might be missing or not thinking about if I do the onepay.

Editing to add only other reason I am considering 1-Pay is buying a new house in 6-10 months so that would then help make it so that the payments don’t show on my credit.

2

Do 1 Pay. Saves money!

3

I’ve done one pays in the past. If you can spare the cash being gone all at once and there are savings, then go for the one pay.

4

I would do a 10 payment MSD instead of One Pay if your are getting buy rate Money Factor. The difference is negligible for the MF for 10 MSD and one pay. At least with MSD, you get your deposit it car gets totaled.

5

MF is marked up 40BPS but good point. The onepay is 20,000 and MSDs are 10,000 so only half.

6

There was at least one report of MBFS keeping the MSD when a car was totaled.

7

You are correct, my bad MBFS is known to claw back from MSB before gap waiver compared to other brand’s financing arm.

8

Is that the same for onepay leases? Ie they won’t refund a prorated amount back?

9

You presumably do get a prorated amount back:

10

Hello
Not sure how you calculated that $3k saving but based on simple run the saving is about $55/m depend of MSRP and other factors but this is saving at $1300 level.

11

This is my calculator: Leasehackr Calculator - Hack your next lease | Leasehackr

Getting $24,000 total if I pay monthly vs. $20,848 if I pay it as a one pay. Unless I am doing something wrong.

12

Wow $100k GLC. Did not expect that LOL.

13

GLC is over 100k? What?

14

Yeah its GLC63. Comes out cheaper than some of the broker deals on here.

15

That makes sense! Thanks for the clarification.

16

Anyone here know if conquest, lease cash and penfed fleet will stack?

17

Incentives should stack.

If totaled, they prorate the remaining payments. Also, if you use a pull forward they do prorate the remaining payments (based on program rules at the time).

18

That was the only case I’ve heard of, no one else has reported that so I’m thinking it’s an anomaly

19

Hopefully. Maybe other posters in a similar situation will provide additional info in the future.