Leasing and buying
Thread Starter
Member
Joined: Jan 2014
Posts: 188
Likes: 3
From: Baltimore, MD
2018 E300 Luxury w/P2
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
MBWorld Fanatic!
Joined: Aug 2004
Posts: 3,447
Likes: 333
From: Tampa, FL
2019 E450 4Matic & 2018 E400 4Matic
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
MBWorld Fanatic!
Joined: Jun 2011
Posts: 2,456
Likes: 285
From: Canada
A car
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.
MBWorld Fanatic!
Joined: Apr 2007
Posts: 1,489
Likes: 439
From: San Diego, CA
2024 EQE 500
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.
