Remaining '17 stock lease numbers
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Remaining '17 stock lease numbers
Hey all,
Currently all but decided on picking up a GT-S and have been shopping leases. First dealer I went to gave me the following numbers on a 145k MSRP: 13k off sticker, 36 months 7500 miles per year with maintenance included 2404/month plus 9200 out of pocket up front 55% residual and .00240 MF which seems oddly high considering I have stellar credit but they have yet to pull my reports so might just be a rough estimate from them. I'm curious if these numbers are any good? This is just a baseline before any negotiation so please do keep that in mind. Thank you in advance for the help!
-Dan
Currently all but decided on picking up a GT-S and have been shopping leases. First dealer I went to gave me the following numbers on a 145k MSRP: 13k off sticker, 36 months 7500 miles per year with maintenance included 2404/month plus 9200 out of pocket up front 55% residual and .00240 MF which seems oddly high considering I have stellar credit but they have yet to pull my reports so might just be a rough estimate from them. I'm curious if these numbers are any good? This is just a baseline before any negotiation so please do keep that in mind. Thank you in advance for the help!
-Dan
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Joined: May 2002
Posts: 10,558
Likes: 3,680
From: Land of 10,000 lakes
AMG GTC Roadster, E63s Ed.1, M8 Comp. Coupe
Hey all,
Currently all but decided on picking up a GT-S and have been shopping leases. First dealer I went to gave me the following numbers on a 145k MSRP: 13k off sticker, 36 months 7500 miles per year with maintenance included 2404/month plus 9200 out of pocket up front 55% residual and .00240 MF which seems oddly high considering I have stellar credit but they have yet to pull my reports so might just be a rough estimate from them. I'm curious if these numbers are any good? This is just a baseline before any negotiation so please do keep that in mind. Thank you in advance for the help!
-Dan
Currently all but decided on picking up a GT-S and have been shopping leases. First dealer I went to gave me the following numbers on a 145k MSRP: 13k off sticker, 36 months 7500 miles per year with maintenance included 2404/month plus 9200 out of pocket up front 55% residual and .00240 MF which seems oddly high considering I have stellar credit but they have yet to pull my reports so might just be a rough estimate from them. I'm curious if these numbers are any good? This is just a baseline before any negotiation so please do keep that in mind. Thank you in advance for the help!
-Dan
Super Member
Joined: Jun 2017
Posts: 556
Likes: 80
2018 AMG GTS, 2015 911 GT3, 2017 E300, 2014 X3 35i
I always purchase my vehicles but I would pass on your lease proposition.
I got 8% off MSRP on my 2018 GTS which recently came out so your discount is mediocre. You basically have 1 year built in depreciation as soon as you drive the 2017 off the lot.
The 55% 3 year residual is poor, competitive leases from other manufacturers offer 60-65% residual with your low mileage restrictions.
Finally, the money factor is crap for Tier 1 credit.
I got 8% off MSRP on my 2018 GTS which recently came out so your discount is mediocre. You basically have 1 year built in depreciation as soon as you drive the 2017 off the lot.
The 55% 3 year residual is poor, competitive leases from other manufacturers offer 60-65% residual with your low mileage restrictions.
Finally, the money factor is crap for Tier 1 credit.
Super Moderator
Joined: May 2002
Posts: 10,558
Likes: 3,680
From: Land of 10,000 lakes
AMG GTC Roadster, E63s Ed.1, M8 Comp. Coupe
I always purchase my vehicles but I would pass on your lease proposition.
I got 8% off MSRP on my 2018 GTS which recently came out so your discount is mediocre. You basically have 1 year built in depreciation as soon as you drive the 2017 off the lot.
The 55% 3 year residual is poor, competitive leases from other manufacturers offer 60-65% residual with your low mileage restrictions.
Finally, the money factor is crap for Tier 1 credit.
I got 8% off MSRP on my 2018 GTS which recently came out so your discount is mediocre. You basically have 1 year built in depreciation as soon as you drive the 2017 off the lot.
The 55% 3 year residual is poor, competitive leases from other manufacturers offer 60-65% residual with your low mileage restrictions.
Finally, the money factor is crap for Tier 1 credit.
MBWorld Fanatic!
Joined: Jan 2013
Posts: 1,171
Likes: 415
From: Irvine, California
2022 AMG SL63
Super Member
Joined: Jun 2017
Posts: 556
Likes: 80
2018 AMG GTS, 2015 911 GT3, 2017 E300, 2014 X3 35i
AMG leases are always terrible but as residuals go, the AMG GT's are quite high. Even the MY17 have standard MF rates. That number can be negotiated down as it's a retail rate, autopay will reduce it also as will MSD's. The AMG GT residual is a point higher btw. If you are only getting $13k off, I would shop for MY18' as well. Btw, the AMG GTR has the lowest residual (3 year at 46%)
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Administrator
Joined: Nov 2001
Posts: 12,263
Likes: 901
From: THE Orange County, California
2024 C8 Z06- 2025 BMW CS- 2022 Porsche 992 GTS
100% true, if anyone can grab mid 50's residuals on AMG's its strong. And in reality if we compare the Big 3 (Audi, BMW, and Benz) residuals, only BMW pushes their 36 month terms into the 60's. Audi trashes their own RS level cars and even some S cars. FYI the new E63S is at 58 for 36 months (7500 miles per year) which is shocking for AMG. But the V12's all take a crap and are in the low 40's. MBUSA doesnt want to be caught losing their butt at the auctions on these.
Lessors makes money on residuals- the interest factor is an add on for a non commodity car. The majority of the mass produced Benzes have subvented lease rates which are very attractive for those vehicle's perspective buyers.
Administrator
Joined: Nov 2001
Posts: 12,263
Likes: 901
From: THE Orange County, California
2024 C8 Z06- 2025 BMW CS- 2022 Porsche 992 GTS
I have yet to see an adjusted rate on the GTS even on those 16's with 10 grand trunk money. The factory usually will just give money in the trunk (not disclosed to the customer) and allow the dealer to play with this to move a unit that has been sitting. I do think there is trunk on the 17's but dont see any special MFS.
And there is nada on the new GTR's/GTC's etc but of course
Last edited by Vic55; Oct 12, 2017 at 07:59 PM.
