kolkhara

Hey guys,

I have an offer to take a new 2019 c63s coupe with 92k msrp for 36 months 10k miles for $1159 (no money down just taxes and fees) . It seems like a good deal just wanted feed back from the experts. would i be able to sell this lease fairly easily in the future if needed?

Also as far as ride comfort, seemed decent to me, why do reviews all say its terrible?

superswiss

I don't know how well the C63 leases, but generally cars like this don't lease well. However, just throwing out the monthly payment and MSRP is not how someone evaluates a lease. A lease is made up of three main factors, and they'll determine if it's a good deal.

1. Cap cost: This is the amount "financed" and essentially is calculated as MSRP - Discount + addtl. amount financed. The factor here for whether it's a good deal depends on how much discount you are getting. That depends from dealer to dealer and your negotiation power, but around 7% is what seems to be common on average.
2. Residual: This is the percentage for how much the finance company thinks the car is worth after the end of the lease. Your dealer could potentially give you a lower residual than what the fincance company offers so they can make more profit. You wanna know what the residual is the finance company offers and what the dealer has offered to you
3. Money factor: This is the interest rate the finance company chargers, and again, the dealer can mark this up, so a good deal would be one where you are getting the buy rate w/o a mark up
4. Term: How long is your lease
5. Tax rate

The monthly payment is then a straight up formula and it is what it is, but the above factors determine whether it's a good deal or not. The taxes are obviously also what they are. There's no room for negotiation on those, but the thing to know is if in your state you have to pay all taxes upfront as part of the cap cost or only on the monthly principal.

As for selling it later, you can't just sell a leased car. Leasing doesn't give you ownership, so the car is not yours to sell. In order to sell it, you first have to buy it out, pay taxes on the buyout if they haven't been paid upfront, then sell it to a buyer who will have to pay taxes again. Some states give you a small window of time during which you can buy the car and sell it and then the taxes only need to be paid once. In California for example it's 10 days. However, you can trade in a leased car on a new car. In this case the dealership will handle the buyout and they don't have to pay taxes, because they are a reseller. I think you can also sell it to places like CarMax. They will also handle the buyout and another option is a lease swap, where somebody else is taking over the remainder of the lease, but this is only a good idea if the financing company releases you of full liability, otherwise if the other person defaults, you gonna be on the hook.

As for ride comfort, this is somewhat subjective. I don't think I've read any reviews where they called it terrible. They essentially say it's on the firm side of comfortable, and there's nothing wrong with that if that's in line with one's expectations. Tire pressure makes a huge difference, too. There's a big difference between the lowest recommended tire pressure for when you are just driving around yourself, and what is recommended if the car is loaded up full of passengers and luggage. If you are riding around by yourself at the higher pressure, then the ride will be harsh, but at the lower pressure, which is the pressure that should be used most of the time (33f/32r) the ride is very good for a car like this. However, if somebody is expecting Lincoln comfort in Comfort mode, they'll be disappointed.

superswiss

Also, I forgot to mention, MBFS is not the only finance company you can lease the car through. There are banks that do car leasing as well for example US Bank and they may offer better conditions. I've leased an Audi in a previous life for example, and ended up leasing through US Bank, because they offered a much better deal. It's worth shopping around and not just take what the dealership gives you. An offer from another bank can also be used as negotiation power if the dealership is trying to pull one on you by marking up the money factor.

Xec

The general consensus is AMG’s lease like crap. Most finance or buy outright.

NYCSoiL

For this price is seems like they offer you $20k discount, $1159/m is mad cheap on this car, especially the coupe

Stevestil

Ive been shopping around for almost a month before ordering a 2020 and even some highly reputable lease companies haven’t given me this price.... i would make sure you get everything in writing but it almost seems too good to be true.

Then again, if its true, i would definitely jump on it. Which dealership is this?

raudiace4

Those are C43 fake amg lease prices. I'd jump on this if it holds true for a C63s coupe. Like others mentioned AMGs don't lease well historically.

4dr.no

iTrader: (1)

Can one even option a C43 to $92k?

raudiace4

No, but that's around the price range they lease at, or more sometimes.

alexasa

iTrader: (1)

lol what? not at all. most people are in them as low as 600 ranging up to ~ eight hundred

Stevestil

C43’s do not lease at over a thousand a month. My friend has a nicely optioned c43 for 7 and change

Shazbot302

Wow, that’s a fantastic deal. Best I’ve seen by far. Take it.

BenzoPro

Agree 100%

4dr.no

iTrader: (1)

No way this is from MB dealer. Just make sure it's not a buyback car.

Stevestil

^ this

kolkhara

So I made sure they didnt mark up money factor, and this month its .00138 on the c63s (which is around 3.3% apr.. not bad compared to the other amg). At 10k miles a year residual is 50%.

Actual MSRP is 93750 with selling price 82163. Monthly depreciation us 980.22 with178.07 being monthly interest at 1,158.29. 12.3% discount is what im getting.

where they are getting me is the acq fee at 1095 instead of 795. also they are sticking me with a 761.16 reg fee.

What are your thoughts with the break down?

NYCSoiL

How is this even possible?

4dr.no

iTrader: (1)

The math works if you pay taxes and drive-off fees up front. So question for OP is if paying ~$48k to drive a car for 3 years worth it.

kolkhara

thats correct, taxes and fees up front. Im in nj so only paying tax on the lease term at 7%

4dr.no

iTrader: (1)

In case you didn't see this, those numbers are good relatively speaking because of the high discount (2019 MY production has ended) and low MF. Only you can decide whether it's worth it.

https://mbworld.org/forums/c63-c63s-...ents-c63s.html

Shazbot302

What are you doing? Stop posting and go take it. You're not going to find a better deal on a C63S Coupe. Frankly, it seems to good to be true on a new car, but if the dealer is being honest with you, then you're getting the deal of the decade and you should wrap it up asap. Read the paper work in the finance office to make sure the numbers are what you've agreed to. Sometimes the dealers get a little cute there.

MajesticLuk

It's actually a really good deal for 63s. I would take it.

C6Jeff

It sounds reasonable to me, too. But the big question is, can you keep it under 10K miles/year?

cyberorth

That’s a good lease if it is true. Good luck.

raudiace4

You're right I was mistaken. Those are E53 lease prices.