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%.
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.
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.
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.