Lease calculator / tips
Thread Starter
Super Member
Joined: Jan 2007
Posts: 766
Likes: 47
S, GL
Lease calculator / tips
I cleaned up my lease calculator to make it user friendly
Windows Excel 2010
https://mega.nz/#!x4IwGT6D!GJsa5MA-M...d3of212iIG-8a8
Google Sheets - go to 'file' then 'download as'
https://docs.google.com/spreadsheets...it?usp=sharing
MSRP, money factor, acquisition fee and other dealer "official" fees are all variables
Your drive off should only be the 1st payment, tax/tag/license, acquisition fee (and other dealer "official" fees if you can't negotiate these to 0) ... note, some states require you to prepay your taxes at drive off
Never put a down payment on a lease; Google it
MF and acquisition fees cannot be negotiated lower than the base rate set by the manufacturer
Double check the dealer's math at drive off ... 100% of the "mistakes" I've seen have been in the dealer's favor
Good luck
Windows Excel 2010
https://mega.nz/#!x4IwGT6D!GJsa5MA-M...d3of212iIG-8a8
Google Sheets - go to 'file' then 'download as'
https://docs.google.com/spreadsheets...it?usp=sharing
MSRP, money factor, acquisition fee and other dealer "official" fees are all variables
Your drive off should only be the 1st payment, tax/tag/license, acquisition fee (and other dealer "official" fees if you can't negotiate these to 0) ... note, some states require you to prepay your taxes at drive off
Never put a down payment on a lease; Google it
MF and acquisition fees cannot be negotiated lower than the base rate set by the manufacturer
Double check the dealer's math at drive off ... 100% of the "mistakes" I've seen have been in the dealer's favor
Good luck
Last edited by jenz; Jul 29, 2015 at 11:02 AM.
Member
Joined: Jul 2015
Posts: 163
Likes: 4
2016 s550 White/Nut Brown
Perfect timing! Thanks for this!!
Is it common practice to have a MF that is marked up for the sale to make more money? Or is the MF supposed to be a uniform number from dealer to dealer and sale to sale?
Is it common practice to have a MF that is marked up for the sale to make more money? Or is the MF supposed to be a uniform number from dealer to dealer and sale to sale?
MBWorld Fanatic!
Joined: Jun 2009
Posts: 1,300
Likes: 127
2020 G63, 2021 E450 All-Terrain Wagon
Thread Starter
Super Member
Joined: Jan 2007
Posts: 766
Likes: 47
S, GL
The MF is standard depending on mileage/term of lease. My salesperson ALWAYS shows me the MF book they get from MBUSA. It's a chart with the money factors laid out in a grid for the mileage and term. Just ask to see the money factor book they get from corporate and that'll show you the MF you pay
MF and acquisition fees have base numbers set by MBFS ... IIRC as of today the 'top-tier or buy-rate' MF is around 0.00062 and acquisition fee is 795 for a S550 ... you cannot negotiate either of these lower than these corporate base levels
Dealers (legally) can and will mark up both MF and acquisition fees for extra profit unless you negotiate them lower ... how much lower depends on a lot of things - your relationship with the dealer, time of year, time of month, corporate incentives and credit score plays a big part, too, ie a 600 is never going to receive the top-tier/buy-rate MF
Super Moderator
Joined: May 2002
Posts: 10,537
Likes: 3,669
From: Land of 10,000 lakes
AMG GTC Roadster, E63s Ed.1, M8 Comp. Coupe
The MF is standard depending on mileage/term of lease. My salesperson ALWAYS shows me the MF book they get from MBUSA. It's a chart with the money factors laid out in a grid for the mileage and term. Just ask to see the money factor book they get from corporate and that'll show you the MF you pay
By default nobody will be offered the buy rate. There will always be a mark-up. Your negotiating skills reduces that mark-up.
MB also has no issues printing (suggested) retail rates for their dealers...
