That's for 36 months, 12k miles, and 0 down. I think I will pass.
Lease rates
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From: Northern NJ
2009 C63
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2002 S430, 2004 Cobra, 2004 Tahoe
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...
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soon c63
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
Last edited by sick with it bx; Apr 27, 2008 at 10:42 PM.
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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...
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...
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From: SoCal
C63S coupe, X5M
M6's were leasing for less then M5's...
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From: Hell
EFF YOU JACKIE
Leasing
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!
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From: Hell
EFF YOU JACKIE
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From: Northern NJ
2009 C63
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
Last edited by PatSC23; May 1, 2008 at 04:03 PM.
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From: NY
14 'E550
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
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.
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From: South Orange County, CA
4 wheels
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.
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From: around the world
monowiper
so i'd expect MB to do the same with the e63 soon, lower lease rate than the c63 ;p
