CougarCruiser

I'm trying to verify the base rate MF on a 2016 GLE450 coupe. 3 year/12k miles.

Residual seems to be 57% (was really hoping for 60 or better on an 80k car). I got quoted a .00163 MF, which I just want to understand how much they are marking it up (Tier 1 credit)

fabbrisd1

Are you familiar with leases ? the reason I ask is your dealer gave you a straight/legitimate lease quote - and frankly the GLC450CW4 is awesome - I guess some idiot told you it the quote was "marked up" ?

There is a thrill in being 1st adopter - and the GLE450CW4 is a killer rig - killer...

ChuckinTucson

That works out to about 3.9%, which does seem high. The base rate is set by MBFS, but I think the dealer is allowed to work it up a little (not sure how much). Maybe check another dealer in the area?

Wolfman

Not sure what is so strange about the statement. Every listed MF from MB is a retail rate which includes dealer mark-up. The wholesale rate is the buy rate; the difference goes to the dealer as they make money on financing even if the car goes for invoice (or less), plus the usual add-on packages...

jnejah

If you don't mind me asking, what was the actual quote on the 3yr/12k and the price of the vehicle?