Signed: 2021 Mercedes-Benz GLB 250 $581

Tags: mercedes suv glb 250 fl southeast

Year, Make, Model, and Trim:
MSRP: $47090
Selling Price: $41590 (11.68%)
Monthly Payment: $581 / $621(tax)
Drive-Off Amount: $0
Months: 36
Annual Mileage: 12000
MF: .00142
Residual: 59%
Incentives: None
Region: Southeast (FL)
Leasehackr Score: 6.9
Leasehackr Calculator Link: CALCULATOR | LEASEHACKR

Helped set this up yesterday with the discount and buy rate money factor. However this car was ultimately not for me and I was not able to post the deal for feedback until they had already decided to sign for it. I couldn’t find anything on swapalease that wasn’t either a new lease proposal or a finance option to compare payments to.

I think the MF is a bit high right now and definitely could have been reduced with MSDs for a better deal but the GM was unwilling to deal with them.

Dealer fee is outrageous but typical for luxury dealers in Florida. The acquisition fee was also marked up and includes the deposition fee paid in advance as well.

I don’t think its terrible for 36/12 and zero drive off, and its already done, but let me know what you guys think anyways. Mostly posting for the data point. Mercedes prepaid maintenance added for a total of $646 and ~+1%.

How much is it marked up?
Why is the acquisition fee listed at $1827?

The MF is not marked up, I verified online that was the buy rate, it was just high for the month/model.

I put that in there as that’s what they listed to me as “lease inception fees” which included that. The actual AF was $1095 itself.

Then you’re likely double counting some of the other fees you have listed.

I don’t think so but I’m not certain. Payment matches with what was on the paperwork.

Why pay the disposition fee upfront?

I’ve never seen a disposition fee paid up front. I have seen people misread the contract and think they paid the disposition fee up front because it was itemized on the truth in lending act breakdown of total lease cost.

Will they still give you 11.68% discount if you paid cash instead of leasing? Ty!

It looked decent except the acq, but I just can’t wrap my head around paying $600+ for a subcompact SUV… Is there absolutely no incentives? That’s mental…
Review seems positive on the car tho so looks like MB doesn’t really cheap out which is great.

I asked both the finance guy and the GM if it was included in that amount. They both told me yes. I wouldn’t personally do this as I know it can be waived when leasing another vehicle. I don’t understand how one will be able to get it back otherwise (if paid upfront) in that scenario.

Yes. And do to the lack of incentives other than up to 60mo at 1.9% financing, I thought financing was the better option personally.

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I’d love to see one of their contracts with that listed on it.

It also never ceases to amaze me how many finance guys and GMs are clueless over some of the contracts that they push through, so it wouldn’t shock me if they were misreading the truth in lending act disclosure as well.

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I agree with a lot of them being clueless. I don’t have the paperwork in front of me but I can see if I can check it later.

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