c63s well equipped LEASE rate
MBWorld Fanatic!
Joined: Mar 2006
Posts: 4,005
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From: ATLANTA
R Nine T
Agree. Definitely not financially wise. I see it as a hobby that costs me about $20k/ yr.
On the question of why the poor lease terms. It is mostly the residuals and two different dealers told me it was because the cars tend to get driven hard and thus lose value. This might make sense if it weren't for the fact that the same is true for any car of similar performance car and yet the residuals are significantly higher
On the question of why the poor lease terms. It is mostly the residuals and two different dealers told me it was because the cars tend to get driven hard and thus lose value. This might make sense if it weren't for the fact that the same is true for any car of similar performance car and yet the residuals are significantly higher
The real reason residuals are so low is Mercedes doesn't pay residual insurance anymore like bmw.
Member
Joined: Aug 2004
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MBWorld Fanatic!
Joined: Nov 2004
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From: Thick Ascending Limb
2017 BMW X5M DG/AB
Newbie
Joined: Jul 2016
Posts: 2
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Audi S4
Same. If the price to lease this thing fully loaded is 1500-1700 (at MSRP) they unfortunately won't be getting my money either. I'll waltz over to BMW and get an M4 fully loaded and pocket $500/month. This car is beautiful, and I do look forward to owning one, but just can't financially justify spending that much more for a car when you get just about the same amount of performance from a direct competitor at a fraction of the cost WHILE having nearly the same sticker price. That's just too much.
Member
Joined: Nov 2011
Posts: 153
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2015 M3 2016 X5M 2008 C63 (sold)
Same. If the price to lease this thing fully loaded is 1500-1700 (at MSRP) they unfortunately won't be getting my money either. I'll waltz over to BMW and get an M4 fully loaded and pocket $500/month. This car is beautiful, and I do look forward to owning one, but just can't financially justify spending that much more for a car when you get just about the same amount of performance from a direct competitor at a fraction of the cost WHILE having nearly the same sticker price. That's just too much.
Junior Member
Joined: Jul 2016
Posts: 38
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From: Southern California
C63S Cab, Alfa Romeo 4c
Agree buying appears to be the only real choice, but I am still concerned that the lease residuals are effectively what the car is worth at the end of that timeframe--24/36 or whatever. So even if you buy you have a car that loses almost 10% more than other competitive vehicles. Possibly, BMW, etc are artificially bumping their residual rates to move cars, but still it is a real hit to own the MB vs the competition.
