Broker Black prices Mercedes-Benz leases on the Mercedes-Benz Financial Services program because, like most manufacturers' finance arms, it writes nearly all of the brand's leases. A captive lender is the manufacturer's own finance company: Mercedes-Benz Financial Services, BMW Financial Services, Toyota Financial Services. It exists to sell the brand's cars, so it prices leases in ways a bank will not.
Each month's program (residuals, base rates, lease cash) is loaded on the server. When you open a vehicle page the payment is computed from the dealer's published selling price, the program figures for that model, your credit range, and the structure you chose. The program figures themselves are not displayed; they are the lender's. The payment is.
Rarely on a lease; captives dominate. On a purchase, a credit union or bank loan sometimes beats the captive's finance rate when no promotional APR is running. Broker Black shows the finance payment alongside the lease so you can see both on the same car, and the Coordinator can explain which program is behind each number.
The captive finance company for Mercedes-Benz in the United States. It writes the leases and most of the loans on new Mercedes-Benz vehicles and publishes the residuals and rates Broker Black prices on.
Often, yes. Broker Black's vehicle page shows the date of the program a payment is built on.
Some banks and credit unions write leases, but the captive's residuals and subsidies usually make it the sharper number. Compare the payment, not the lender.
Both. The dealer sets the selling price and any rate markup; the captive sets the residual and base rate. Broker Black applies both and shows the result.