Lease rates? - MBWorld.org Forums

Oct 4, 2022 | 10:08 AM

tanger

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Junior Member

Joined: Mar 2010

Posts: 29

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From: SoCal

993tt, W124 E500, 08 RS4 (sold), E39 Dinan S3 (Sold)

Lease rates?

For those leasing, what are you getting for money factor and residuals?

Or, if you are financing purchase through dealer what rate you are getting.

Last edited by tanger; Oct 4, 2022 at 10:10 AM.

Oct 4, 2022 | 12:23 PM

manitou202

Junior Member

Joined: Oct 2022

Posts: 71

Likes: 38

EQS 450X4 SUV, Rivian R1T

Quote:

Originally Posted by tanger

For those leasing, what are you getting for money factor and residuals?

Or, if you are financing purchase through dealer what rate you are getting.

I was quoted lease rates (EQS 450X4 SUV) with a money factor of 0.003 (7.2%) and residuals of 54% for 36 months @ 10k miles / year and 50% for 42 months @ 10k miles / year. I couldn't get them to move on the money factor so I'm buying our EQS. I compared the monthly lease payment to a 72 month loan @ 5.5% with the same amount down, and the payments were very close. So the lease didn't seem like a good deal.

We are financing the balance after trade-in and downpayment @ 4.75% for 69 months. Probably not the best rate, but not terrible in the current climate. Using a local credit union.

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