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Lease -vs- Buy

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Old 05-06-2008, 09:24 PM
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2011 Diamond White SL63, 2008 Paladium Grey C63, 2008 ML 350 AMG Sport pckg,
Lease -vs- Buy

What's the percentage of buy versus lease in these cars? How many of you are leasing, instead of buying or vice versa?
Old 05-08-2008, 06:22 AM
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2011 Diamond White SL63, 2008 Paladium Grey C63, 2008 ML 350 AMG Sport pckg,
???

I guess no one cares to give their situation, and why.... Wow, thanks for all the responses!!
Old 05-08-2008, 06:26 AM
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M5 Jahre Edition S, KTM 1290R Super Duke ,C63 AMG 2011[Gone],A45 AMG 2013, MV Agusta 750 [2000]
I bought mine although it will depreciate like a brick
Old 05-08-2008, 07:41 AM
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SLS Irridium silver,2014 GL350 BT Irridium, 2015 White Dodge RAM Hemi Quad
Leasing mine, not a good idea to buy a depreciating asset, unless of course you plan on keeping it for 10 years. I love cars and tire of them after the three year ithch.
Old 05-08-2008, 07:50 AM
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3 years... your lucky, i cant even make it to 1
Old 05-08-2008, 07:51 AM
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2011 Diamond White SL63, 2008 Paladium Grey C63, 2008 ML 350 AMG Sport pckg,
Thanks

Just want to make sure I did the right thing.... I always lease also (also have it in my business name, so i can write a portion of the lease off), but I really love this car, so I wanted to make sure I made the right decision.
Old 05-08-2008, 01:04 PM
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SLS Irridium silver,2014 GL350 BT Irridium, 2015 White Dodge RAM Hemi Quad
Originally Posted by Fantasm
3 years... your lucky, i cant even make it to 1
Your girlfriend/wife must shake in her boots when the one year anniversary of your relationship approaches!!
Old 05-08-2008, 02:29 PM
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Originally Posted by Fantasm
3 years... your lucky, i cant even make it to 1
+1. My last two leases were only about 10months.
Old 05-08-2008, 02:31 PM
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Originally Posted by 1st amg
Leasing mine, not a good idea to buy a depreciating asset, unless of course you plan on keeping it for 10 years. I love cars and tire of them after the three year ithch.
You could argue it's not good to make payments on luxury items.

For what it's worth, I always buy outright.
Old 05-08-2008, 03:12 PM
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What kind of lease payments are you guys looking at?!
Old 05-09-2008, 01:21 AM
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A box on 4 wheels
At least $1100 a month
Old 05-09-2008, 06:28 AM
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2011 Diamond White SL63, 2008 Paladium Grey C63, 2008 ML 350 AMG Sport pckg,
Lease payment

My lease payment is $1245
Old 05-09-2008, 06:36 AM
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M5 Jahre Edition S, KTM 1290R Super Duke ,C63 AMG 2011[Gone],A45 AMG 2013, MV Agusta 750 [2000]
My payments are $1885 per month , although $57,000 was put down as deposit [Old Car]
Old 05-09-2008, 06:49 AM
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SLS Irridium silver,2014 GL350 BT Irridium, 2015 White Dodge RAM Hemi Quad
Holy ****! Yikes that car is very pricey there.
Old 05-11-2008, 02:06 PM
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Originally Posted by RonPaul
My lease payment is $1245
If you don't mind me asking how long is your lease and how much did you put down?

I always buy, but I am just curious about a lease.
Old 05-11-2008, 05:46 PM
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I bought paid for it out right but probably would not have leased. You get slammed with a lease unless there are promotions going on. I leased an 07 A3 3.2 as a daily driver 24 mos and the payment is $759 ridiculous on a $40,000 car. I put $7K down. Still got a few months to go on it but looks like CarMax is willing to take it off my hands for $27K so I'm not upside down on it. Leased an 07 Lexus IS250 (during a promo) for my wife and the payment is $549 with 7$K down.

I was skeptical about buying but the C63 is ALOT of car. I still can't get over the fact that it's a sedan moving the way it does. I have an 08 C6 Vette and I think the C63 would give it a run to 100mph. It DEFINITLEY pulls stronger on the other side of 100mph and feels more taut.
Old 05-11-2008, 05:48 PM
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Originally Posted by RonPaul
What's the percentage of buy versus lease in these cars? How many of you are leasing, instead of buying or vice versa?
5 TOTAL out of pocket

24 month lease

15,000 miles per year

less than $1,000 per month



you guys gotta learn how to shop around
Old 05-11-2008, 06:26 PM
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Steel Gray 09' C63 AMG
company car for me. I am buying mine. When I want to up grade, I'll pass the C65 on to the kid.




-Troy
Old 05-11-2008, 06:59 PM
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2011 Diamond White SL63, 2008 Paladium Grey C63, 2008 ML 350 AMG Sport pckg,
My lease

$1245 - 36 month, nothing down. My company car.
Old 05-11-2008, 08:06 PM
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08 S65, 06 M3 CS(stick), 02 BMW X5 4.6iS, 07 R1 Raven, 08 F-450 4x4, 08 CooperS JCW
Originally Posted by Glock Guru
company car for me. I am buying mine. When I want to up grade, I'll pass the C65 on to the kid.

y
Funny typo

To op-BUY
Old 05-12-2008, 11:48 AM
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Originally Posted by RonPaul
$1245 - 36 month, nothing down. My company car.

Let me see if I have this right............at $1245 for 36 months, your payments will have totaled $44,820.00 out of a sticker price of $63k. If you bought and sold at the same time frame, you would only be out around $31,500 based on a 50% value which should be very conservative. '05 C55's are bringing more than 50% of the original sticker price even with a new body style change hurting things. Am I missing something?

I guess if one does not have the $20k to put down on the car to purchase it, leasing makes some sense but I don't see how people can make those payments for three years, return the car to the dealer and call a cab to get home with nothing left over for the next car. Kinda like renting an appartment vs. buying a house to me.
Old 05-12-2008, 11:54 AM
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Originally Posted by SteveL1
I guess if one does not have the $20k to put down on the car to purchase it, leasing makes some sense but I don't see how people can make those payments for three years, return the car to the dealer and call a cab to get home with nothing left over for the next car. Kinda like renting an appartment vs. buying a house to me.
Drive home in the '11 C63. I'm sure there'll be one sitting in the dealer with your name on it. And I guarantee it'll be cheaper to lease the new one.

Mind you, it's just what I've heard. I don't have experience first hand.
Old 05-12-2008, 11:58 AM
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2011 Diamond White SL63, 2008 Paladium Grey C63, 2008 ML 350 AMG Sport pckg,
Company Car

Mind you, my company writes off 80% of the lease, gas and all maintenance on the vehicle....
Old 05-12-2008, 11:59 AM
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Gs 300, Rx 330
Originally Posted by jtdominate
I. Leased an 07 Lexus IS250 (during a promo) for my wife and the payment is $549 with 7$K down.
Lease rates also depend on timing too..I have a friend of mine that called Lexus a couple of days ago..and they offered him a brand new 2008 IS250 with navigation with no money down and 15,000 miles per year for only $375 per month!

Leasing a brand new car, which just came out is alwaying going to cost you an arm and leg!
Old 05-12-2008, 12:06 PM
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Originally Posted by SteveL1
I guess if one does not have the $20k to put down on the car to purchase it, leasing makes some sense but I don't see how people can make those payments for three years, return the car to the dealer and call a cab to get home with nothing left over for the next car. Kinda like renting an appartment vs. buying a house to me.
Did you know for each $1000 you put down you only get $20 dollars off your payment! I never put money down when I lease, I rather use that money and put in it in investments; and I lease because I get out of cars every 2-3 years and for me leasing is the only option.

If anyone is interested in leasing cars here is great website that tells exactly how much you should be paying..so the dealerships can't rip you off!

leasecompare.com


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