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Now that cars are starting to show up, what are people paying for leases?
For the last few months, I hammered my dealer for numbers, but until very recently there was not even any pricing in the system.
I just got quoted ridiculous numbers for 24 month and 36 month, 7500 miles/year, like $1k more per month than what I am paying on my 2015 M4! There is only a $10k MSRP price difference between the two cars!
Hey Tod, no sense in leasing. I had to buy cause lease was a disaster, high money factor and 36-15k is 46%...Payment on a 87k car was around 1900 lol.. They dont care for people leasing. At least not for now. M cars have always leased better than benz. And now the M4 is extremely agressive in leasing 61% residual at 36 months for 15k!!!!!!15% difference with C63s
I had an M4 and it was very good, didnt like the way it sounded at all, but overall a nice car, nice looking and fast!
Now with the benz, very differente characters, very good sound, nice interior...I think I like it better. I just saw series 7 new interior and was very dissapointed. looks like the m4 inside.
Originally Posted by mbtodd
Now that cars are starting to show up, what are people paying for leases?
For the last few months, I hammered my dealer for numbers, but until very recently there was not even any pricing in the system.
I just got quoted ridiculous numbers for 24 month and 36 month, 7500 miles/year, like $1k more per month than what I am paying on my 2015 M4! There is only a $10k MSRP price difference between the two cars!
Hey Tod, no sense in leasing. I had to buy cause lease was a disaster, high money factor and 36-15k is 46%...Payment on a 87k car was around 1900 lol.. They dont care for people leasing. At least not for now. M cars have always leased better than benz. And now the M4 is extremely agressive in leasing 61% residual at 36 months for 15k!!!!!!15% difference with C63s
I had an M4 and it was very good, didnt like the way it sounded at all, but overall a nice car, nice looking and fast!
Now with the benz, very differente characters, very good sound, nice interior...I think I like it better. I just saw series 7 new interior and was very dissapointed. looks like the m4 inside.
I agree with this. BMW is offering great lease rates right now on the M3/M4 but the car has been out for almost a year now. I don't expect any half decent rates on the C63 until late spring next year. You may find a late produced MY15 with a nice discount but I wouldn't touch a MB lease right now.
I agree with this. BMW is offering great lease rates right now on the M3/M4 but the car has been out for almost a year now. I don't expect any half decent rates on the C63 until late spring next year. You may find a late produced MY15 with a nice discount but I wouldn't touch a MB lease right now.
Perhaps good strategy on BMW's part. I know a few people already handed over their M cars for the new C63S.
As someone whos looking forward getting into an AMG, from people's experience what is a good residual and money factor seen for an AMG expected in the past (W204? CLA45? E63?) for 12k/36months
2009 C300 Sport 4Matic, 1999 Jeep Grand Cherokee Laredo
I have never leased a car before, so I know absolutely nothing about them. I've been contemplating the step up to AMG from my 2009 C300, but would struggle to purchase it (so I started looking into leasing). Might be a dumb question, but when I'm using Mercedes' lease payment calculator, why does it say my trade in value + my down payment can't be more than 25% of the MSRP? It gives me an error. Ideally, I would trade in my current car, or sell it myself and just pay a large downpayment up front to keep my monthly amounts low.
I have never leased a car before, so I know absolutely nothing about them. I've been contemplating the step up to AMG from my 2009 C300, but would struggle to purchase it (so I started looking into leasing). Might be a dumb question, but when I'm using Mercedes' lease payment calculator, why does it say my trade in value + my down payment can't be more than 25% of the MSRP? It gives me an error. Ideally, I would trade in my current car, or sell it myself and just pay a large downpayment up front to keep my monthly amounts low.
Not sure why it is limiting you, but if I were you, I would reconsider trading in a purchased car on a leased car, or paying up front to keep your monthly payment lower.
You are giving up all your equity, plus you don't get credit for that down money in the case of a total loss:
Quote from my other thread:
I've worked out that a similarly equipped C63S vs M3. (Yes I consider the S the true M competitor) The C63s will only cost 7k more on purchase price (I'd pay that), but cost me 22k more over 3 years on Lease due to poor residual values. WOW. That's a 40% difference in cost between the 2 cars! Maybe that will change after a few months? Don't know if it is BMW just being very aggressive or Mercedes trying to hose us on intro hype. I generally don't pay much attention to price, but in this case it may tilt the scales....
Quote from my other thread:
I've worked out that a similarly equipped C63S vs M3. (Yes I consider the S the true M competitor) The C63s will only cost 7k more on purchase price (I'd pay that), but cost me 22k more over 3 years on Lease due to poor residual values. WOW. That's a 40% difference in cost between the 2 cars! Maybe that will change after a few months? Don't know if it is BMW just being very aggressive or Mercedes trying to hose us on intro hype. I generally don't pay much attention to price, but in this case it may tilt the scales....
The F80 M3 has been out a while longer. The W205 lease rates will improve.
That said, BMW is generally a bit more aggressive on leases (even with ///M cars).
However, back in '13, when I began leasing my W204 C63 sedan, I was able to get a significantly lower payment than I would have with a brand new E92 M3 with comparable options. All about timing.
That 22k 3year difference is tough to swallow....
I was thinking about this last light... It isn't really the money that bothers me but the perceived insult of it all....
I'm actually surprised many others here aren't complaining.....
Maybe MB is correct pricing on demand.... If not, they will probably adjust.
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