Latest Lease Numbers On 2009? Anyone here get into lease recently?
Thread Starter
Member
Joined: Jul 2008
Posts: 110
Likes: 0
From: Fort Lauderdale, FL
2007 Inifiniti G35
Latest Lease Numbers On 2009? Anyone here get into lease recently?
I'm considering a porsche and the c63 right now. I really wanted a convertible this time.. have a 2007 g35 lease about to up...
Of course the porsche lease numbers suck, but I expect mercedes to do better than the recent numbers i have seen.
I generally like to go with short term 24 month to 30 month leases.. don't mind spending a little more.
Anyone have the current money factor and residuals?
Of course the porsche lease numbers suck, but I expect mercedes to do better than the recent numbers i have seen.
I generally like to go with short term 24 month to 30 month leases.. don't mind spending a little more.
Anyone have the current money factor and residuals?
Super Member
Joined: Jul 2008
Posts: 583
Likes: 23
From: Colorado
2021 E63 S Sedan
MB Financial numbers are not good. I leased mine through Leasecompare.com. You can preview their rates on the website immediately, for nearly any term you want. It was easy for me!
Super Member
Joined: Sep 2008
Posts: 582
Likes: 0
AMG C63
I dont know why MB numbers for leases arent good. You would think that
with the current financial situation that they would have GREAT financing
and leasing numbers. BMW has some great deals right now. .9% for M3s!
Their lease #s are the best. Why MB doenst use those kind of numbers is beyond me.
with the current financial situation that they would have GREAT financing
and leasing numbers. BMW has some great deals right now. .9% for M3s!
Their lease #s are the best. Why MB doenst use those kind of numbers is beyond me.
Member
Joined: Jun 2008
Posts: 150
Likes: 0
From: AZ
2008 ML320 CDI
I dont know why MB numbers for leases arent good. You would think that
with the current financial situation that they would have GREAT financing
and leasing numbers. BMW has some great deals right now. .9% for M3s!
Their lease #s are the best. Why MB doenst use those kind of numbers is beyond me.
with the current financial situation that they would have GREAT financing
and leasing numbers. BMW has some great deals right now. .9% for M3s!
Their lease #s are the best. Why MB doenst use those kind of numbers is beyond me.
Thread Starter
Member
Joined: Jul 2008
Posts: 110
Likes: 0
From: Fort Lauderdale, FL
2007 Inifiniti G35
Well it seems once you get over 60k on any bmw or mercedes.. leasing becomes pretty unfavorable...
Usually there are lease specials on the website, but you won't find them on the amg series...
How does leasecompare work.. they do all the work for you and find the car?
If you have the program such as ileasemycar for iphone, you can calculate the numbers your self... I generally work down the price for the car as if i'm going to buy it cash and then I hit the dealer with the lease numbers I want...
Usually there are lease specials on the website, but you won't find them on the amg series...
How does leasecompare work.. they do all the work for you and find the car?
If you have the program such as ileasemycar for iphone, you can calculate the numbers your self... I generally work down the price for the car as if i'm going to buy it cash and then I hit the dealer with the lease numbers I want...
Super Member
Joined: Sep 2008
Posts: 582
Likes: 0
AMG C63
Reelgr thats the best way to do it.
Donkey I realize that its just either way BMW has good numbers for you to buy or lease. I would have bought the M3 at .9%. I paid cash for the AMG there was no other way to do it since MB numbers suck for leasing or financing.
Donkey I realize that its just either way BMW has good numbers for you to buy or lease. I would have bought the M3 at .9%. I paid cash for the AMG there was no other way to do it since MB numbers suck for leasing or financing.
Member
Joined: Jun 2005
Posts: 223
Likes: 0
From: Sterling VA
'05 C55 Black/Black Lighting, Premium, NAV
I just went through this at the end of Sept.
The best deal I could find on an M3 Sedan loaded, manual, was $6k down and $900/mo.
Mercedes wouldn't even budge on C63. $5k down and $1100/mo.
I went with a loaded 335i. I am very happy with the car. A$$holes at MB Financial wanted $100 more a month for me to keep my C55.
BMW is definetly a different drive than the C55. If your hand moves an inch in the BMW the car is changing lanes.
P.S. This was in the DC area.
The best deal I could find on an M3 Sedan loaded, manual, was $6k down and $900/mo.
Mercedes wouldn't even budge on C63. $5k down and $1100/mo.
I went with a loaded 335i. I am very happy with the car. A$$holes at MB Financial wanted $100 more a month for me to keep my C55.
BMW is definetly a different drive than the C55. If your hand moves an inch in the BMW the car is changing lanes.
P.S. This was in the DC area.
Trending Topics
Super Member
Joined: Sep 2008
Posts: 582
Likes: 0
AMG C63
Mez
My wife has a loaded 335 too it was 49K on the sticker. One thing that BMW has is TRUNK money. I found this loaded 335i (titanium silver over dakota grey leather) and it had been on the lot for 120 days. Why no one bought it I have no clue. However BMW gave the dealer like 5K to get rid of it. I was able to get that car for almost 3500 under invoice. So if you have a good enough relationship with your dealer ask them which cars they have trunk money for.
Its a great way to go.
My wife has a loaded 335 too it was 49K on the sticker. One thing that BMW has is TRUNK money. I found this loaded 335i (titanium silver over dakota grey leather) and it had been on the lot for 120 days. Why no one bought it I have no clue. However BMW gave the dealer like 5K to get rid of it. I was able to get that car for almost 3500 under invoice. So if you have a good enough relationship with your dealer ask them which cars they have trunk money for.
Its a great way to go.
MB World Stories
The Best of Mercedes & AMG
Manual Mercedes? 6 Times Sindelfingen Let Drivers Have All The Fun
Verdad Gallardo
Mercedes SLR McLaren 722 S Is Extremely Rare Example Modified by McLaren
Verdad Gallardo
8 Classic Boxy Mercedes Designs That Have Aged Like Fine Wine
Verdad Gallardo
Flawlessly Restored Mercedes 190E Evo II Heads to Auction
Verdad Gallardo
Electric Mercedes C-Class Unveiled: 11 Things You Need to Know
Verdad Gallardo
Mercedes EQS Gets A Major Update: Everything You Need to Know
Verdad Gallardo
5 Underrated Mercedes-Benz Models That Don't Get the Love They Deserve
Verdad Gallardo
Mercedes 300D Has Pushed Well Past 1 Million Miles and It Ain't Stopping
Verdad Gallardo
10 Most Reliable Mercedes-Benz Models You Can Buy Used
Verdad Gallardo
Thread Starter
Member
Joined: Jul 2008
Posts: 110
Likes: 0
From: Fort Lauderdale, FL
2007 Inifiniti G35
I've been considering the 335i convertible also... If you are a big fan of leasing, BMW sure does offer some good rates.. I'm sure I could get a loaded 335i for quite a good rate...
I really like the c63, but wouldn't pay over $1100 per month for it.
I really like the c63, but wouldn't pay over $1100 per month for it.
Thread Starter
Member
Joined: Jul 2008
Posts: 110
Likes: 0
From: Fort Lauderdale, FL
2007 Inifiniti G35
i couldnt get by on 10k per year... I ping the 15k/year usually...
I'll keep shopping and see what is the best deal for me at the time my current lease is up
I'll keep shopping and see what is the best deal for me at the time my current lease is up
MBWorld Fanatic!
Joined: Sep 2002
Posts: 2,923
Likes: 3
Mercedes Benz
Because BMW financial services had a 300 million LOSS and write off this last year due to lease returns and poor residual values. They are giving their cars away with extremely low lease and finance rates but they have a massive loss on each car when it comes back. Both BMW and MB are slashing production and working to increase rates and prices to get back into a market where you dont have to give cars away. Lexus has the best average profit for each car sold and you dont see dealerships competing with each other the way BMW and MB do. The Germans spend to much time competing with their own make (other dealerships) than they do the competition and it has cost them.
MB never pushed extremely cheap leasing as heavily as BMW and that is why MB's write off was less than half of the one BMW had. Its easy to see it happening. You can get 10k off you lease buy out with a phone call. Thats ends up costing them a ton of cash over time.
Once inventory falls a bit and the production cuts create less supply pricing will start to slowly go up. This is their plan at least.
MB never pushed extremely cheap leasing as heavily as BMW and that is why MB's write off was less than half of the one BMW had. Its easy to see it happening. You can get 10k off you lease buy out with a phone call. Thats ends up costing them a ton of cash over time.
Once inventory falls a bit and the production cuts create less supply pricing will start to slowly go up. This is their plan at least.
MBWorld Fanatic!
Joined: Sep 2002
Posts: 2,923
Likes: 3
Mercedes Benz
If that is 6k as a cap reduction keep your money and collect interest on it. Pre paying your payments is useless. You might as well send me the money and let me hold it for you until you make your payment for the car each month.
Now with BMW you can do what they call multiple security deposits (MSD) and thereby lower your money factor to nearly zero. These deposits come back to you in whole at the end of the lease but they function as a interest buy down. When you do the math you end up saving far more than you could ever earn on the money in the same time. Its a great system and most dealerships or finance managers have no clue about the system.
Each deposit is equal to one payment. So you can do up to 5 deposits but unlike the down payment you get all that cash back in full at the end of your lease.
MB does not offer such a system.
Now with BMW you can do what they call multiple security deposits (MSD) and thereby lower your money factor to nearly zero. These deposits come back to you in whole at the end of the lease but they function as a interest buy down. When you do the math you end up saving far more than you could ever earn on the money in the same time. Its a great system and most dealerships or finance managers have no clue about the system.
Each deposit is equal to one payment. So you can do up to 5 deposits but unlike the down payment you get all that cash back in full at the end of your lease.
MB does not offer such a system.
MBWorld Fanatic!
Joined: May 2007
Posts: 1,675
Likes: 11
From: NA
Yes
If that is 6k as a cap reduction keep your money and collect interest on it. Pre paying your payments is useless. You might as well send me the money and let me hold it for you until you make your payment for the car each month.
Now with BMW you can do what they call multiple security deposits (MSD) and thereby lower your money factor to nearly zero. These deposits come back to you in whole at the end of the lease but they function as a interest buy down. When you do the math you end up saving far more than you could ever earn on the money in the same time. Its a great system and most dealerships or finance managers have no clue about the system.
Each deposit is equal to one payment. So you can do up to 5 deposits but unlike the down payment you get all that cash back in full at the end of your lease.
MB does not offer such a system.
Now with BMW you can do what they call multiple security deposits (MSD) and thereby lower your money factor to nearly zero. These deposits come back to you in whole at the end of the lease but they function as a interest buy down. When you do the math you end up saving far more than you could ever earn on the money in the same time. Its a great system and most dealerships or finance managers have no clue about the system.
Each deposit is equal to one payment. So you can do up to 5 deposits but unlike the down payment you get all that cash back in full at the end of your lease.
MB does not offer such a system.
Member
Joined: Jun 2005
Posts: 223
Likes: 0
From: Sterling VA
'05 C55 Black/Black Lighting, Premium, NAV
If that is 6k as a cap reduction keep your money and collect interest on it. Pre paying your payments is useless. You might as well send me the money and let me hold it for you until you make your payment for the car each month.
Now with BMW you can do what they call multiple security deposits (MSD) and thereby lower your money factor to nearly zero. These deposits come back to you in whole at the end of the lease but they function as a interest buy down. When you do the math you end up saving far more than you could ever earn on the money in the same time. Its a great system and most dealerships or finance managers have no clue about the system.
Each deposit is equal to one payment. So you can do up to 5 deposits but unlike the down payment you get all that cash back in full at the end of your lease.
MB does not offer such a system.
Now with BMW you can do what they call multiple security deposits (MSD) and thereby lower your money factor to nearly zero. These deposits come back to you in whole at the end of the lease but they function as a interest buy down. When you do the math you end up saving far more than you could ever earn on the money in the same time. Its a great system and most dealerships or finance managers have no clue about the system.
Each deposit is equal to one payment. So you can do up to 5 deposits but unlike the down payment you get all that cash back in full at the end of your lease.
MB does not offer such a system.
You can get 10k off you lease buy out with a phone call.
For those that are unfamiliar with what happens when you turn in a lease here is the process.
1. Turn car into dealer
2. Delaer decides if they want to buy the car.
3. If they do not it goes to auction.
I tapped a suburban at 10 mph and did 10k damage i.e. no clean car fax. The dealer was not going to buy my car. I told MB this. They knew the car would go to auction and they would lose money. Instead of selling the car to a loyal customer and keeping them happy they decided to let the car go to auction.
Hence I’m in a BMW now. Although the c63 is a beast!
Member
Joined: Nov 2002
Posts: 156
Likes: 0
From: Southern California
Alot of cars
If that is 6k as a cap reduction keep your money and collect interest on it. Pre paying your payments is useless. You might as well send me the money and let me hold it for you until you make your payment for the car each month.
Now with BMW you can do what they call multiple security deposits (MSD) and thereby lower your money factor to nearly zero. These deposits come back to you in whole at the end of the lease but they function as a interest buy down. When you do the math you end up saving far more than you could ever earn on the money in the same time. Its a great system and most dealerships or finance managers have no clue about the system.
Each deposit is equal to one payment. So you can do up to 5 deposits but unlike the down payment you get all that cash back in full at the end of your lease.
MB does not offer such a system.
Now with BMW you can do what they call multiple security deposits (MSD) and thereby lower your money factor to nearly zero. These deposits come back to you in whole at the end of the lease but they function as a interest buy down. When you do the math you end up saving far more than you could ever earn on the money in the same time. Its a great system and most dealerships or finance managers have no clue about the system.
Each deposit is equal to one payment. So you can do up to 5 deposits but unlike the down payment you get all that cash back in full at the end of your lease.
MB does not offer such a system.
MBWorld Fanatic!
Joined: Jun 2008
Posts: 4,455
Likes: 31
From: Ny
Anything W/4Wheels
Almost a Member!
Joined: Oct 2008
Posts: 32
Likes: 0
Infiniti FX35
a 60 month lease at $1k per month? thats $60K. Dude....you own that car.
Member
Joined: Feb 2008
Posts: 202
Likes: 0
From: Ft. Lauderdale, FL
'12 CTS-V
If u don't mind me asking, what are the terms u got thru LeaseCompare (i.e. monthly payment w/tax, mileage allowance, down payment, etc.)?
Senior Member
Joined: Jun 2006
Posts: 262
Likes: 18
From: Sunny Isles Beach, FL
'25 G550, '21 911Cab
Super Member
Joined: Jul 2008
Posts: 583
Likes: 23
From: Colorado
2021 E63 S Sedan
Residual= $36,000 (about)
Downpayment= $3500
Mileage= 12000/yr
Lease term= 36 months
Monthly payment= $960 (tax included in that payment)
Lease factor is .00219
Member
Joined: Feb 2008
Posts: 202
Likes: 0
From: Ft. Lauderdale, FL
'12 CTS-V
