MBWorld Fanatic!
Quote:
i like that figure - im going for 12k miles and putting down $10k..wat do u think? around $900/month?Originally Posted by lexaltezza
I agree .0033 is more likely. Taking that money factor into account, I am getting around $1270 for 36 months, 15k a year, and 0 down.
MBWorld Fanatic!
Quote:
Unless you need your payment under $1k per month, it would not be in your best interest to put down $10k on a lease...I would at most put down $5k and keep your other $5k...Originally Posted by PatSC23
i like that figure - im going for 12k miles and putting down $10k..wat do u think? around $900/month?
Banned
my car came out to 1253 a month for a 60 month finance and just taxes up front with came to 5500 with 1st payment and some other crap but he gave me the car for 1200 witch aint that bad i mean im only financeing it bec the lease was 1100 a month with the same money down for a 39 month lease so for another year i might as well buy the car but im prob only gonna keep it 2 years i always get bored of cars ...and the other thing is that i would love to get the p30 package does anyone think i should waite ? my car should be here at the end of may with out it
Senior Member
One dealer just offered me $1399
That's for 36 months, 12k miles, and 0 down. I think I will pass.
That's for 36 months, 12k miles, and 0 down. I think I will pass.Newbie
Patience man. The market is soft right now. I'm already getting calls from dealers about M3's and C63's not spoken for. Those rates will come down very soon in this economy.
Newbie
Quote:
At the end of '07, M6's were leasing for $999/mo. and M5's for $1157/mo. with 3500 dwn...Originally Posted by lexaltezza
Please tell me where I can lease an M5 for less than $1300 a month.
I would just wait until Sept/Oct as one sees greater lease deals on any dealers lots due to them aggressively pushing the remaining inventory...
MBWorld Fanatic!
Quote:
Originally Posted by GBlansten
are you related to e e cummings?

MBWorld Fanatic!
Quote:
I would just wait until Sept/Oct as one sees greater lease deals on any dealers lots due to them aggressively pushing the remaining inventory...
Originally Posted by 13AMG
At the end of '07, M6's were leasing for $999/mo. and M5's for $1157/mo. with 3500 dwn...I would just wait until Sept/Oct as one sees greater lease deals on any dealers lots due to them aggressively pushing the remaining inventory...
M6's were leasing for less then M5's...

Senior Member
Quote:
I was about to write the same thing. I think some people live in la la land.Originally Posted by Murtaza
M6's were leasing for less then M5's...
MBWorld Fanatic!
Quote:
special Originally Posted by lexaltezza
I was about to write the same thing. I think some people live in la la land.
?MBWorld Fanatic!
You realize that with the limited number of C63's, the financial institution providing the financing / leasing, in this case MB Financial, is the one that sets the residual and money factor based on daily rates. In their case, monthly. They don't have to lease the car, in fact they don't want to. They don't want it back. The bank still owns that car when you the consumer lease it, you are "renting". Therefore, they are responsible for the discharge of the lease and the property when you, the consumer are done paying for it. When you finance, the bank still has partial ownership, the are only holding the note, but when you are done paying the "loan" term, its YOURS. The bank doesn't care. When you purchase, it is in their best interested to expedite the purchase, sale, loan and term so that they get rid of the vehicle.
Do the BASIC math - 1200(includes the PARTIAL tax for the portion of the vehicle rented, money factor, etc) x 24 months (28800) - 67K (List) = 39,000 (58% residual or there abouts.)
Most manufacturers set high lease prices for for "top end' vehicles, that they don't necessarily need to lease, especially when there is a high demand, like in this case, because of the high demand and to dicourage individuals from actually leasing. Best choice is to wait, 6-9 months, when demand starts to slide, and the market gets softer, which should enable you to make a better deal.
Best of luck shopping!
Do the BASIC math - 1200(includes the PARTIAL tax for the portion of the vehicle rented, money factor, etc) x 24 months (28800) - 67K (List) = 39,000 (58% residual or there abouts.)
Most manufacturers set high lease prices for for "top end' vehicles, that they don't necessarily need to lease, especially when there is a high demand, like in this case, because of the high demand and to dicourage individuals from actually leasing. Best choice is to wait, 6-9 months, when demand starts to slide, and the market gets softer, which should enable you to make a better deal.
Best of luck shopping!

MBWorld Fanatic!
MBWorld Fanatic!
Quote:
i dont need my payment to be under 1k, its just the way i like to do it ..i set my RRS payment up the same way..Originally Posted by Blk04cobra1
Unless you need your payment under $1k per month, it would not be in your best interest to put down $10k on a lease...I would at most put down $5k and keep your other $5k...
yes i know i can make more on the money invested (but thats not guaranteed, I could also lose it unless i stack it in a MM, which i already do) I have enough in the market at this point so Im fine with it
Super Member
Quote:
yes i know i can make more on the money invested (but thats not guaranteed, I could also lose it unless i stack it in a MM, which i already do) I have enough in the market at this point so Im fine with it
It still doesn't make sense to put that type of down payment on a leased vehicle. If the car gets totaled, that money is gone.Originally Posted by PatSC23
i dont need my payment to be under 1k, its just the way i like to do it ..i set my RRS payment up the same way..yes i know i can make more on the money invested (but thats not guaranteed, I could also lose it unless i stack it in a MM, which i already do) I have enough in the market at this point so Im fine with it
With $10k down you might as well buy it.
MBWorld Fanatic!
Quote:
I thought you had already ordered one? Originally Posted by Frankiedez
just went to benz in nj and was going to buy the car but someone already bought it when I got there and thay gave me lease rates for 27 months with 0 due at signing and 15 thoused miles is 1507 a month and for 39 months is 1271 and with 2815 outta pocket is 1375 for a 27 month lease and for 39 months is 1177 with 2617 outta pocket just figured ppl wanted to no
And I see your grammar hasn't gotten any better.Out Of Control!!
Quote:
I would just wait until Sept/Oct as one sees greater lease deals on any dealers lots due to them aggressively pushing the remaining inventory...
yes i remember seeing these rates sometime in November, lots of people from m5board took advantage of it, but i think it was M5 for 999 and M6 for 1157, then of course new M3 rates got released at somewhere like 1200ishOriginally Posted by 13AMG
At the end of '07, M6's were leasing for $999/mo. and M5's for $1157/mo. with 3500 dwn...I would just wait until Sept/Oct as one sees greater lease deals on any dealers lots due to them aggressively pushing the remaining inventory...
so i'd expect MB to do the same with the e63 soon, lower lease rate than the c63 ;p
Member
No offense to anyone on this MB board but if I can find an M5 lease for 999 a month i'm all over it. i've been told 1300 with 0 down and 15k??
MBWorld Fanatic!
Quote:
And I see your grammar hasn't gotten any better.
give the guy a breakOriginally Posted by MB Fanatic
I thought you had already ordered one?
And I see your grammar hasn't gotten any better.