JEVA

Anyone know what the money factor on the GLC leases is currently and the residual % on 36/15k? I know it may change month to month.

reddemon73

According to Edmunds...it is .00166 and 58%

JEVA

I wonder how accurate that is

reddemon73

I used Edmunds for my last two leases. It is very accurate

BigDeeLA

I got it confirmed its accurate.

Money factor this month is .00166 and with autopay dropped down to .00156

Residual:

36 months/12k: 60%
36 months/15k: 58%

And also 24 months/12k: 68%

JEVA

Thanks guys.

mdsbuc

Good to know! Those numbers don't sound too bad to me. I was expecting worse.

JEVA

**EDIT** see this post for the current rate: https://mbworld.org/forums/glc-class...ml#post6726221

Per Edmunds:
36/12 - 60% and .00166

Subtract 2% for 15K

JEVA

Also, don't forget to ask about fleet discounts. I happened to mention to the SA where I worked and he said that since I work there I get a fleet discount (this was in Dec so at the time he didn't know what it would be) - I looked it up and for the GLC in 2016 it's $1000. There are hundreds of companies on the list.
https://www.mbusa.com/mercedes/fleet_program/overview
http://www.mercedesbenznorthpalmbeac...in-florida.htm

Doc - I recall seeing a discount specifically for AMA physicians...hope they gave that to you.

dieseldoc

I got the AMA Discount. another one that is good is for ex Air Force. usaa

BigDeeLA

I looked on the forum and for this month they said it's the same. Where on Edmunds did you see this? If it is true that's good news

JEVA

I got it from their lease calc...maybe that was the wrong spot

BigDeeLA

Oh okay.. Yeah the Moderators on the forum said it was the same. I think the calculator is generic

JEVA

Damn...where did you see that?

BigDeeLA

The Moderators on the forum usually update what the new rates are. And based on the Advertisement for the Month on March by MBUSA, it's the exact same meaning when I use my spreadsheet and put in all those numbers using the base money factor of .00166 I get the same payment they advertise... With auto pay it does go down to .00156 and in reality after the first payment is made you can remove the autopay if you want.

http://forums.edmunds.com/discussion...e-questions/p3

JEVA

Thank you sir

JEVA

I can't get the MB lease estimator to match what I calculate (either spreadsheet or an online calc)

JEVA

Tried to confirm the money factor and residual % with the dealer but he wouldn't provide it stating that we would go over it once the car is here and ready.

BigDeeLA

It you go to MBUSA and look at the deal.. It's the same one from last month. So what I did is enter all those numbers in my spread sheet including the dealer contribution by subtracting the MSRP and with current money factor and it comes to the price they give. The residual is different for 10k miles and the one advertise is for 10k so you have you adjust the residual amount.

Also most dealers don't want to commit until you put their back against the wall when it time because each month it will change so it's normal practice to wait to car to make sure to see if it comes in March or April... But they should still be able to at least tell you what the base money factor is.

Duane

The rate is .00166. I work for Mercedes.