2019 Mercedes-Benz GLC 350e - ex loaner
MSRP: $55,795 + 850 ppm = $56,645 (added ppm in here for residual purposes)
Selling Price: $40,xxx (~27% off with most incentives baked in)
Base Monthly Payment: $304
Tax: 9% - brings payment to $331
Cash Due at Signing: $4,000 (MSDs Only)
MSD: 10
Incentives: $4460 federal credit, $2000 summer event, $1000 pop up store, $331 first month payment waiver program = $7791
Months: 24
Annual Mileage: 10,000
Effective MF: .00044
Residual: $34,176
Leasehackr Score ~ 15.1
Region: Northern California
My total lease cost is around 7600 (331 * 23) (minus disposition fee) and my leasehackr score is around 15.1, which is pretty solid for Benz.
Another thing to mention, I was chatting with the finance manager and he offered to throw in ppm at “no cost” which of course I said yes to. Once I looked at the updated deal sheet, he added in a cap cost reduction in the same amount as my payment (~331), which happens to offset the cost of ppm once it’s residualized. I searched around and found that Benz is running a first month waiver program on a few 2019 models this month (C 300W, C 300W4, GLC 300W, GLC 300W4, GLC 350E4, GLA 250W, GLA 250W4): https://www.rallyemotors.com/mercedes-benz-payment-waiver/ . They were able to stack this waiver on top of everything else. I haven’t seen this mentioned anywhere else in the forums so thought I’d call it out here. I wasn’t interested in getting ppm initially, and had I known about this waiver beforehand it would sweetened the deal even more for me, would’ve been a 2xx monthly payment! But I was happy with the deal I was getting already, and appreciated the finance guy technically keeping some more dollars in my pocket.
Happy hacking!
