SL/R232: Money Factor For New SL?
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2022 AMG SL63
Money Factor For New SL?
Does anyone know what the money factor is for a 3 year lease on the new SL63? I shall be leasing one for 3 years (assuming I can make a reasonable deal) but have no idea of current lease rates. Assuming I have top credit and leased my last 3 Mercedes from Mercedes (including my last two AMGs - GTS and GTC) what is the money factor I am looking at? Yes I know it is another area of dealer profit especially if they can jack up the MF a lot, I live in SoCal.
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Lease rates are absolutely horrendous at the moment. I'm unsure of the MF as I haven't done an SL lease yet but for that matter, I haven't done a lease in probably 3 months.
Residuals are way down, I would expect it in the 50% range a a 3-year for the SL.
Residuals are way down, I would expect it in the 50% range a a 3-year for the SL.
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This is just a hypothetical question. Assume one buys an SL and you end up paying a $ 50 k ADM. Would that be part of the lease and monthly lease payments or would that be paid for separately - just curious?
If it is part of the lease, would't that have a horrible impact on the residual?
If it is part of the lease, would't that have a horrible impact on the residual?
Last edited by Tifoso48; Sep 10, 2022 at 10:01 AM. Reason: forgot something
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This is just a hypothetical question. Assume one buys an SL and you end up paying a $ 50 k ADM. Would that be part of the lease and monthly lease payments or would that be paid for separately - just curious?
If it is part of the lease, would't that have a horrible impact on the residual?
If it is part of the lease, would't that have a horrible impact on the residual?
This is just a hypothetical question. Assume one buys an SL and you end up paying a $ 50 k ADM. Would that be part of the lease and monthly lease payments or would that be paid for separately - just curious?
If it is part of the lease, would't that have a horrible impact on the residual?
If it is part of the lease, would't that have a horrible impact on the residual?
Paying ADM will simply increase monthly payment if not accounted for in trade in value or downpayment (you should never put money down on a lease).
Last edited by alexasa; Sep 10, 2022 at 01:25 PM.
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Money factor for September given optimal credit is .0023, and Tier 1 is .0026. Dealer wanted to jack those numbers up on an MSRP deal, so I walked. Residual is 52% for 36 months on the SL55 @10k miles/year.
Last edited by Alan Smithee; Sep 10, 2022 at 01:57 PM.
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This is just a hypothetical question. Assume one buys an SL and you end up paying a $ 50 k ADM. Would that be part of the lease and monthly lease payments or would that be paid for separately - just curious?
If it is part of the lease, would't that have a horrible impact on the residual?
If it is part of the lease, would't that have a horrible impact on the residual?
…and taxes!
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Residual has higher impact than MF.
Unlike the AMG GTC/GTR which had a higher cost per excess mile I believe the SL is still at 25 cents a mile.
Try to get the highest residual. So go for 7500 miles a year and maybe pick a 30 month lease.
Even if you use more miles, this becomes an end of lease/next car negotiation.
Push back hard against MF markup and ADM. Walk if needed…
Couple things to keep in mind, the SL is produced on a much larger production line in Bremen (unlike the prior GT models).
This will not be a rare car and they can push 20k cars a years without breaking a sweat.
These models will be discounted in the future.
Unlike the AMG GTC/GTR which had a higher cost per excess mile I believe the SL is still at 25 cents a mile.
Try to get the highest residual. So go for 7500 miles a year and maybe pick a 30 month lease.
Even if you use more miles, this becomes an end of lease/next car negotiation.
Push back hard against MF markup and ADM. Walk if needed…
Couple things to keep in mind, the SL is produced on a much larger production line in Bremen (unlike the prior GT models).
This will not be a rare car and they can push 20k cars a years without breaking a sweat.
These models will be discounted in the future.
Last edited by Wolfman; Sep 10, 2022 at 05:16 PM.
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^ If you are referring to leases, nobody is getting below the buy rate of .0023, which is the equivalent of 5.5%. At least here in So Cal…maybe the buy rate differs by region.
Last edited by Alan Smithee; Sep 10, 2022 at 05:50 PM.
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GLC EQB GLS C300 convertible
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50% sounds about right
