Leasing and buying
08-29-2018, 05:12 PM
#1
Member
Thread Starter
Leasing and buying
looking to get possibly a 2018, 2019 CPO E300 latter this year or next. Have been looking at what's there and not many with P2 package or P3 and on top of that very few luxury versions, mostly sport. I'm will to wait to get what I want, but I'm sure there will be some compromises
So, what if I have built what I want and get a 2 or 3 year lease, I drive around 10, 000 a year and then buy at the end of the lease? I can't justify the payments for a new out the door car
Thanks
So, what if I have built what I want and get a 2 or 3 year lease, I drive around 10, 000 a year and then buy at the end of the lease? I can't justify the payments for a new out the door car
Thanks
08-29-2018, 05:18 PM
#2
MBWorld Fanatic!
looking to get possibly a 2018, 2019 CPO E300 latter this year or next. Have been looking at what's there and not many with P2 package or P3 and on top of that very few luxury versions, mostly sport. I'm will to wait to get what I want, but I'm sure there will be some compromises
So, what if I have built what I want and get a 2 or 3 year lease, I drive around 10, 000 a year and then buy at the end of the lease? I can't justify the payments for a new out the door car
Thanks
So, what if I have built what I want and get a 2 or 3 year lease, I drive around 10, 000 a year and then buy at the end of the lease? I can't justify the payments for a new out the door car
Thanks
The following users liked this post:
mike82212 (08-29-2018)
08-29-2018, 05:39 PM
#3
MBWorld Fanatic!
Leasing with the option to buy at lease end works for a lot of people. Just make sure the residual value at lease end is not higher than the actual value of the car at that time. Otherwise, it wouldn't make sense to purchase it after the lease. Of course leasing to get the lowest payment possible is good if you're just going to flip the car to a new lease at the end. Paying a little more each month will help ensure the car isn't upside down at the end.
08-29-2018, 07:14 PM
#5
MBWorld Fanatic!
If interested to purchase at the end of the lease, keep in mind in most cases MBFS will release the car to auction. You can work with any MB dealer to negotiate a purchase of the car prior to turn in, as they will be able to purchase the car from MBFS at a rate less than the residual in most cases.
The following users liked this post:
mike82212 (08-29-2018)
