E55AMGGG04

Hey all im looking into leasing the new C63 by April and then buying it but I was curious as to what kind of lease prices are you guys seeing on the CLS63 ? I built one for around $115k I believe.

I know giving a lot down isn't smart just incase I total but I don't like high monthly payments so I was going to look into European delivery and $30-35k down if I can afford this car. Car is not going to be a daily and will be garage kept. I also plan on buying it out after lease

I've never leased a high end car before so was hoping for some help. I bought my e55 over 8 years ago and I'll be selling it privately of course. Thanks

Steinhart

AMG's generally don't have as good money factors as non AMG cars, I have found Edmunds has good information on latest lease quotes based on credit scores

I'm not sure it makes financial sense to lease if you are planning to put down that large of a payment, with the intention to buy it, probably much better to just buy it from the beginning and avoid the costs associated with the lease

Because AMG's depreciate like a lead balloon it's generally better to lease rather than buy, unless you plan to keep it like you mentioned

Check Edmunds here: http://forums.edmunds.com/discussion...ease-questions

E55AMGGG04

Reason why I don't buy it is because I can't lol. Leasing and then buying gives me more flexibility. $35k down on a $115,000 car leaves me very high payments. I understand im taking a hit but that hit is helping me extend the payments.

Come end of lease I would bring the car down to around $30k and finance for a few years. This way I can afford it.

Steinhart

yes, understood, do what works for you

Mr.Poodlepants

Leased a 2015 CLS63 AMG-S and a 2015 E63 AMG-S


Both cars came in roughly at $115,500
Put 16k down on each car
Leased for 36 months, no extras, 15k miles per year
CLS63 payment is roughly $1600
E63 payment is slightly lower $1550 ish.


Residual on both cars was roughly $62k with the E63 having a slightly higher residual.

Heisenberg

Leased my 2014 CLS63S; I wanted out in three years anticipating the S63 Coupe so it made sense for me.

MSRP was $123k, got about $7k discount. With $0 down (I paid only basic lease and title/reg fees) and 10k mi x 3 yrs, my lease payment was approx $1735/mo, with 8% sales tax $1870.

The residual was set my M-B of course. The dealers get you with an inflated money factor. I was told the tier 1A was 0.00185 with autopay but they started at like 0.00270. With a lot of back and forth I got them to 0.00220 but they would not go lower. Basically they derive extra profit on the point spread over the MBF interest; probably they wouldn't give that up since they were discounting the car somewhat, at the time they were hard to find.

Wallstrut

Im not here to be a downer, just the good angel on your shoulder.

first putting 35k down for a car means u must have 35k. If you have 35k and cant afford 1500 a month then that 35k probably represents a lot for your assets.

Now if you really want a cls amg, just buy a used one i seen them for $65k. which is half of what you would to pay, and trust me when i say it is not half the car. If anything it leaves you with more $$ for renntech upgrades

Furthermore depending on your credit you can refinance the car shortly after you buy it. i had 3.4% apr from chase them i moved it to 1.99% and brought my payments from 1200 to 600.


if you truly must have the car do this. get a lease for 2-4 years with 0 down, then use the 35k for monthly payments. yes at the end of the lease you will have no car and no more cash, but at least you wouldn't be stuck with a car you paid 115k that is worth 50k.

good luck in your choice.

Hueydumps

+1

schorert1

if I were in this spot, I'd do the CLS550 and save a cool $30k...as it is I'm looking at a CPO cls63 amg s for about $30k off sticker with less than 10kmi.