djrabbi

So we had a deal finalized with a dealer here in MA but after 15 days of waiting, no car! My deal on the table was $664 a month with Maintenace/Excessive Wear and Tear. Looking to see what other members have been paying for their 2019s!

poops

What is the MSRP and how much did you put down?

djrabbi

Dieseldan9

iTrader: (1)

Like I said before you got an amazing deal too bad it didn't work out

I have 18 of course and my car was discounted to 52000 and with no money down I pay 660

djrabbi

pghc63

how many miles a year ???
what are taxes in your area or are you posting the base monthly payment
do you have fleet discount ??
MF used
that info will help in lease negotiations for yourself and others

djrabbi

This thread is for insight for me haha.

Taxes are 3% and it was included. I was apparently getting "employee pricing" and MF was the .00134 according to Edmunds.

jas0ny

wow guess i got ripped off. Paying 800/month with 6000 down. 12,000 miles a year. MSRP was 71,000 minus 11%off with half a basis point over MF. Numbers added up correctly to 800.00 a month.

djrabbi

Wow really? Is that a 2019? I feel like numbers were terrible when the C43 originally came out.

I got another dealer at 2100 down at 686 but they are jacking up the MF by 2% so will have to talk to them tomorrow to bring it back down to .00145 and get the deal done!

5ilver-5urfer

How long is your lease for? What is your residual amount?

jas0ny

36 months. 41890.50 residual

5ilver-5urfer

Want to make sure I'm understanding correctly - please adjust my math if it's wrong.

Car's MSRP: $71000
Car after discount of 11%: 63000
Residual: $42000
Total Leased Amount: $21000 (Car after discount - Residual).
Due on Delivery: $6000
Total Leased Amount minus Due on Delivery: $15000

$15000 / 36 = $420 per month.

You said you're paying $800 a month? That seems really high given how high the residual of the car is. So you're paying $380 interest per month? I'm guessing you must have gotten some protection packages. Even so, I don't imagine them costing more than $80 a month in total. What's going on. This almost seems fraudulent...

jas0ny

5ilver-5urfer

This is in US dollars right? Hmmm, the interest rate of ~4% is a little too high for my liking. If it was down to 2%, you'd be closer to $700 a month. I think the reason your deal doesn't look that good compared to others is because of the interest rate that you signed up with. Be very mindful of it going forward. I just had a friend lease a 2019 X5 at 5% interest. He's going to be paying about $270 a month in just interest for the next 4 years....That's about 13k in interest!!!

I've learned my lesson the hard way as well in the past. From personal observation, the bulk of people who end up with killer deals on these cars find ways to stack discounts and buy when the interest rates are low. For example, loyalty credit automatically gives you a 1% rate reduction here in Canada. If you take in to account all of these things, sometimes people end up with crazy good deals.

jas0ny

NYCSoiL

If you have a coupe then it's not bad at all. Sedan leases a lot cheaper than the coupe

Dieseldan9

iTrader: (1)

Very true, only reason I went sedan is the rates on coupe where terrible