2017 GLS450 lease question ... thanks
Hi
I very interesting with 2017 GLS450 .... but need some help from you guy ... thank you 2017 GLS450 MSRP : 81,515 So what do you think is a good deal for lease and how much per month should I deal with the dealership ... thanks for your help ... |
Originally Posted by HLNguyen
(Post 6800632)
Hi
I very interesting with 2017 GLS450 .... but need some help from you guy ... thank you 2017 GLS450 MSRP : 81,515 So what do you think is a good deal for lease and how much per month should I deal with the dealership ... thanks for your help ... |
Originally Posted by jtse
(Post 6801193)
With no math, my guess is ~$1000 a month with no down.
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Originally Posted by HLNguyen
(Post 6801278)
Thanks for replying back to me .... I never lease before that why .... is it better with down down or no down for leasing a vehicle ..... thank you
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Originally Posted by HLNguyen
(Post 6801278)
Thanks for replying back to me .... I never lease before that why .... is it better with down down or no down for leasing a vehicle ..... thank you
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I would avoid any down-payment, unless you really need to bring down the monthly payment - but again, learn and master the math of a lease before you go in - otherwise they will take you down. LOL.
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Typically first month payment, bank acquisition fee, title and registration as down payment.
Don't buy dealer's monthly payment sales pitch. Negotiate the sales price and then do the math. Cap Cost is nothing much negotiated price of the car Residual value is always calculated based on MSRP (59% of $81,515) Term= No. of Months April MBFS figures (could be same for May): Residual value for 450 is 59% for 12K miles/36 Months (1% more for 10K miles) Money factor (Interest rate): .00151 (Cap Cost - Residual)/ term + (Cap Cost + Residual) x MF = Lease payment Monthly payment= Lease payment + sales taxes Some states charge taxes for the full price of the car and most states calculate taxes based on the lease payments only. So, your lease payments depend on the negotiated price of the car. |
Thank you everybody for gaving me good idea about leasing .... i will post picture when i get the vehicle
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Also, get a good lease calcultor, there are a lot of great apps out there... And when you're negotiating, use the app at the same time the finance manager is plugging/adjusting your numbers in their system, and this will ensure you have transparancy into everything. It will also keep the finance manager from pulling tricks on you.
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Originally Posted by HLNguyen
(Post 6800632)
Hi
I very interesting with 2017 GLS450 .... but need some help from you guy ... thank you 2017 GLS450 MSRP : 81,515 So what do you think is a good deal for lease and how much per month should I deal with the dealership ... thanks for your help ... |
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