Mercedes Credit just lowered the residual value across the board yesterday here in canada. I suppose this is a good thing if you leased a car and want to sell it and tranfer the lease. the payments are higher as of today on new purchases.
Realcanuk
Realcanuk
Member
To the OP. The residual value is a bit on the low side because the 2019's are coming. Residual values always drop as any car gets further along in the model year. To compensate for lower Residual MB has probably dropped the Money Factor. I also suspect that there's a bunch of dealer cash back and customer cash. If I were the OP I'd do some actual research. On sites like Edmunds etc...A lot of folks here have opinions, butt we know what opinions are like... &%$@* everybody has one :-)
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