Considering lease on 2015 550s sport sedan
12-21-2014, 11:22 AM
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Considering lease on 2015 550s sport sedan
If there is anyone who can help, I need some advice on a lease I am negotiationing with my local AZ MB dealer.
The car retails for 114k and they are discounting it by 9.3k to help me alleviate
the remaining 4k I have on my Infiniti m56 sport lease that's up in May. Unfortunely, I can't get out the inifiniti lease due to car fax and low offers from wholesalers.
The money factor offered on the 550s is .0016/3.8% and they want to charge $1,799 per month for 36 months with 12k mileage and $1,500 down. This amount reflects the total out of pocket at signing and the monthly payment includes all fees.
Can some please tell me if this is good deal? Is the money factor too high? What should the residual be on this car in three years with 36k? Is there anything else I can do to save some money?
The car retails for 114k and they are discounting it by 9.3k to help me alleviate
the remaining 4k I have on my Infiniti m56 sport lease that's up in May. Unfortunely, I can't get out the inifiniti lease due to car fax and low offers from wholesalers.
The money factor offered on the 550s is .0016/3.8% and they want to charge $1,799 per month for 36 months with 12k mileage and $1,500 down. This amount reflects the total out of pocket at signing and the monthly payment includes all fees.
Can some please tell me if this is good deal? Is the money factor too high? What should the residual be on this car in three years with 36k? Is there anything else I can do to save some money?
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