Lease deal on Edition 1 Cabrio...
Thread Starter
Newbie
Joined: Dec 2016
Posts: 12
Likes: 0
2014 BMW M5
Lease deal on Edition 1 Cabrio...
I haven't done Benzes before, but I sent this offer in:
MSRP: $96665
Sell price: $93165
36 month / 15k miles year
Money Factor: .0021 with autopay
Residual: 50%
Lease acquisition fee: $795
Documentation/dealer fee, title fee, tire tax: $200
I'll pay 1st month's lease payment, lease acquisition, doc/title/tire tax at delivery.
Does this sound reasonable or do you think I can go for more?
MSRP: $96665
Sell price: $93165
36 month / 15k miles year
Money Factor: .0021 with autopay
Residual: 50%
Lease acquisition fee: $795
Documentation/dealer fee, title fee, tire tax: $200
I'll pay 1st month's lease payment, lease acquisition, doc/title/tire tax at delivery.
Does this sound reasonable or do you think I can go for more?
Junior Member
Joined: Jul 2016
Posts: 38
Likes: 3
From: Southern California
C63S Cab, Alfa Romeo 4c
I haven't done Benzes before, but I sent this offer in:
MSRP: $96665
Sell price: $93165
36 month / 15k miles year
Money Factor: .0021 with autopay
Residual: 50%
Lease acquisition fee: $795
Documentation/dealer fee, title fee, tire tax: $200
I'll pay 1st month's lease payment, lease acquisition, doc/title/tire tax at delivery.
Does this sound reasonable or do you think I can go for more?
MSRP: $96665
Sell price: $93165
36 month / 15k miles year
Money Factor: .0021 with autopay
Residual: 50%
Lease acquisition fee: $795
Documentation/dealer fee, title fee, tire tax: $200
I'll pay 1st month's lease payment, lease acquisition, doc/title/tire tax at delivery.
Does this sound reasonable or do you think I can go for more?
Thread Starter
Newbie
Joined: Dec 2016
Posts: 12
Likes: 0
2014 BMW M5
Thanks for the feedback. The dealership accepted my offer, which I think will give them about 4% profit. Interesting thing is that this car is spec'ed as an Edition 1, but has the diamond white paint as opposed to the matte cashmere. Weird. Going to go take a look. They have a white cashmere on the way too.
Junior Member
Joined: Jul 2016
Posts: 38
Likes: 3
From: Southern California
C63S Cab, Alfa Romeo 4c
Not sure it is an edition 1. Those all seem to have an MSRP of $99,100 and are a matte cashmere white. I could be wrong that there are variations, but I doubt it. Sounds like you are confirming before deal is done, but just thought I would note it.
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Junior Member
Joined: Jul 2009
Posts: 46
Likes: 3
From: St. Paul, MN
2016 GLC 300; 2019 E53 Sedan
Not sure where you are located, but .0021 sounds really high MF for a MB lease right now. I thought the current MB rate was around .00124 or .00129 and that's before the reduction for auto pay. The other way to save a lot on the MF is by offering multiple security deposits (up to 10) as you save .0007 on each. That way at least most of the money you are paying is going toward depreciations not on lease interest.
Correction -- maybe .0021 is as low of a base MF as you can get on a 63?
Correction -- maybe .0021 is as low of a base MF as you can get on a 63?
Last edited by richmondR; Dec 5, 2016 at 05:46 PM.
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Thread Starter
Newbie
Joined: Dec 2016
Posts: 12
Likes: 0
2014 BMW M5
$1638 per month. I got a total of $4900 off including AMA discount. The MF for AMG's is .0022, yuck. .0021 if you do auto pay. I'll take the $16k in 10 MSD's, and put it somewhere else for better yield. I believe I have just scored the only metallic white edition 1 cabrio in the US! I scoured Autotrader and can't find another one. At the dealer right now.
Last edited by Anton Cabellon; Dec 5, 2016 at 06:04 PM.
Junior Member
Joined: Jul 2016
Posts: 38
Likes: 3
From: Southern California
C63S Cab, Alfa Romeo 4c
You are correct it is high, but the C63 amg models are at the .0022 rate. The rate you note applies to the base models. Pretty crazy, but either MB just doesn't like to lease the amg cars or they assume we are not rate sensitive
Thread Starter
Newbie
Joined: Dec 2016
Posts: 12
Likes: 0
2014 BMW M5
I about crapped my pants when I got the first two quotes from other dealers. $1860 and $1970. My '14 M5 with the same terms (and better MF and residual) is only $1475. Damn you MB!!!
Newbie
Joined: Dec 2016
Posts: 13
Likes: 3
From: Indianapolis, IN
'17 MB AMG C63s Cabrio Edition 1
Anyone interested in taking over my lease?
If anyone is interested in taking over my lease or buying the car outright, contact me. Great car, just looking to get into something else. This is the ONLY C63S Edition 1 Cabriolet finished in diamond white metallic in the United States. All others were finished in cashmere white magno (matte white).
The car currently has 10k miles on it, XPEL clear bra (bumper, hood, windshield frame, rockers, mirrors, and trunk ledge), 15% tint, ECS tuning spacers, Weather tech floor liners, new car detail with ceramic coating done on body and wheels...Diff service and 1st oil change done...
$92k OBO or assume lease at $1616.8 plus tax (MB financial, 26 months remaining, 15k miles/year, zero down, includes MB tire and wheel (1 wheel has been replaced), I'll pay transfer fees). Make me an offer!
The car currently has 10k miles on it, XPEL clear bra (bumper, hood, windshield frame, rockers, mirrors, and trunk ledge), 15% tint, ECS tuning spacers, Weather tech floor liners, new car detail with ceramic coating done on body and wheels...Diff service and 1st oil change done...
$92k OBO or assume lease at $1616.8 plus tax (MB financial, 26 months remaining, 15k miles/year, zero down, includes MB tire and wheel (1 wheel has been replaced), I'll pay transfer fees). Make me an offer!
