auto pay and MSDs
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Joined: Mar 2014
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GL 450 (wifey)
auto pay and MSDs
dealer says cannot combine the two discounts and have to pick between auto pay and msd. fact or fiction? I know can't do msd with special MF, but GL leases are std MF these days. i have seen conflicting answers. thank you.
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Joined: Sep 2012
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2024 GLS450, Previously 2020 GLS450, 2017 GLS450, 2014 GL450, 2012 GL450
That is true, you cannot combine the two. However some dealers do combine them because they simply don't know. I don't know if it'll get rejected at the finance office, but its worth a try.
Most dealers don't know about MSD's either, as only a few people ask about it, so there may be a learning curve.
Most dealers don't know about MSD's either, as only a few people ask about it, so there may be a learning curve.
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From: Maryland
2022 E450 Prior:2021 S580 2012 E350BT, 2013 GL350BT, 2009 ML320BT, 2006 E320CDI, 1987 260E
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Member
Joined: Sep 2012
Posts: 200
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2024 GLS450, Previously 2020 GLS450, 2017 GLS450, 2014 GL450, 2012 GL450
Mercedes does have MSD. Each Security Deposit reduces the MF by .00007, maximum of 10 MSD.
Each MSD is your monthly payment rounded up to the nearest $50, so $401 monthly will become $450 and $398 monthly will become $400.
Each MSD is your monthly payment rounded up to the nearest $50, so $401 monthly will become $450 and $398 monthly will become $400.
Thread Starter
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Joined: Mar 2014
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GL 450 (wifey)
so here's what my finance guy told me after speaking with MBFS (so he said). just as Ah_gl450 described, BUT, you cannot do MSD if you make capital cost reductions and they consider everything except fleet discount or a rebate as capital cost reduction. I like to pay inceptions out side of lease such as stealer fee and origination fee. nope, cannot do that. that is considered a cap cost reduction. I always thought cap cost reduction meant cash to reduce price of car itself. nope. MB MF is no bargain so I see no need to finance fees that cannot be residualized....and i got FCA rate w/ auto pay. interesting fact I was told...can cancel auto pay after a few payments and they don't bump the MF up (take away discount).
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From: West Coast
X5
so here's what my finance guy told me after speaking with MBFS (so he said). just as Ah_gl450 described, BUT, you cannot do MSD if you make capital cost reductions and they consider everything except fleet discount or a rebate as capital cost reduction. I like to pay inceptions out side of lease such as stealer fee and origination fee. nope, cannot do that. that is considered a cap cost reduction. I always thought cap cost reduction meant cash to reduce price of car itself. nope. MB MF is no bargain so I see no need to finance fees that cannot be residualized....and i got FCA rate w/ auto pay. interesting fact I was told...can cancel auto pay after a few payments and they don't bump the MF up (take away discount).
What MF you got with w/auto pay?
Could you do MSD and then schedule online (bill payment) thru you bank?
Thanks
