Lease number issue please help
Thread Starter
Junior Member
Joined: Mar 2009
Posts: 67
Likes: 0
sl55
Lease number issue please help
MY GL450 is getting here next week and the dealer quoted me:
MF: 0.00107
and residual @ 60%
For 30 month / 15K miles.
Car MSRP is around 91K
Sale price is 84,500+ 1154.00 license plate + 1095.00 lease acquisition (I know this could be 650) + 427.35 doc= $87176
DP: $2,500
Tax around 8%
I get 1097/month (I used 2 different calculators)
he says 1297/month. (he used the benz calculator)
Our numbers are very close. Please look at both screen shot and tell what am I doing wrong or what is my sale guy doing wrong.
Thank you
MF: 0.00107
and residual @ 60%
For 30 month / 15K miles.
Car MSRP is around 91K
Sale price is 84,500+ 1154.00 license plate + 1095.00 lease acquisition (I know this could be 650) + 427.35 doc= $87176
DP: $2,500
Tax around 8%
I get 1097/month (I used 2 different calculators)
he says 1297/month. (he used the benz calculator)
Our numbers are very close. Please look at both screen shot and tell what am I doing wrong or what is my sale guy doing wrong.
Thank you
Member
Joined: Oct 2016
Posts: 78
Likes: 4
From: Central Texas
S550
I noticed two things..
1) their interest calculation seems to be done incorrectly.
2) they didn't take into consideration the $2500 you're putting down as down payment for your calculator
1) their interest calculation seems to be done incorrectly.
2) they didn't take into consideration the $2500 you're putting down as down payment for your calculator
Last edited by Bolaber; Oct 14, 2016 at 02:35 PM.
