lease rates for the 580 for July 22
#1
lease rates for the 580 for July 22
Does anyone have any experience/knowledge of the MBUSA lease rates for the 580? The car will arrive soon -trying to make the choice.
#2
Member
Don't know about lease rates but one factor to consider/research is the tax credit. If still in place the tax credit may not be available to a lessee.
#3
Member
The tax credit is collected by Mercedes Financial as owner of the car, and given to the customer as a 7k increase in residual value. AT least that is how my lease was structured. It was the same with my previous leases of the Taycan and Model S.
#4
Lease rates on my 450+ were absolutely terrible. They tried saying it was a good deal, but $500 more per month than financing through a local CU with the same down which was close to zero.
#5
Surprising. On the MB EQS website, it shows monthly lease payments of $1289 (36 months) for a 450 with a downpayment of $9093 for "Starting at $102,310".
#6
$9K down equals just under $300/mo reduction in monthly payment. This aligns with almost $1600/mo on a $102K car with just drive offs not counting sales tax. For comparison my M5 with a $126K sticker was under $1300/mo with just drive offs inclusive of tax.
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#8
Junior Member
Do you really want to own a German car out of warranty?
I got rid of my owned 2002 C230 Coupe way sooner than I would have liked because I was paying MB prices for maintenance on a Chrysler.
I didn't buy out my lease on my 2011 BMW 128 and its sweet inline 6 because it was an electrical nightmare.
Besides, I love getting a new car every 3 years! If you want to own a car long term, get a Honda or Toyota. (Or an Acura or Lexus)
I got rid of my owned 2002 C230 Coupe way sooner than I would have liked because I was paying MB prices for maintenance on a Chrysler.
I didn't buy out my lease on my 2011 BMW 128 and its sweet inline 6 because it was an electrical nightmare.
Besides, I love getting a new car every 3 years! If you want to own a car long term, get a Honda or Toyota. (Or an Acura or Lexus)
#9
MBWorld Fanatic!
Do you really want to own a German car out of warranty?
I got rid of my owned 2002 C230 Coupe way sooner than I would have liked because I was paying MB prices for maintenance on a Chrysler.
I didn't buy out my lease on my 2011 BMW 128 and its sweet inline 6 because it was an electrical nightmare.
Besides, I love getting a new car every 3 years! If you want to own a car long term, get a Honda or Toyota. (Or an Acura or Lexus)
I got rid of my owned 2002 C230 Coupe way sooner than I would have liked because I was paying MB prices for maintenance on a Chrysler.
I didn't buy out my lease on my 2011 BMW 128 and its sweet inline 6 because it was an electrical nightmare.
Besides, I love getting a new car every 3 years! If you want to own a car long term, get a Honda or Toyota. (Or an Acura or Lexus)
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SaffsDad (12-02-2022)
#10
As for my monthly payment, it varies depending on the loan terms and interest rate. I put down a decent amount as a down payment to lower my monthly payments and the overall cost of the loan. Leasing can be a good option for those who want to drive a new car every few years and don't mind not owning the car.
#11
MBWorld Fanatic!
As for my monthly payment, it varies depending on the loan terms and interest rate. I put down a decent amount as a down payment to lower my monthly payments and the overall cost of the loan. Leasing can be a good option for those who want to drive a new car every few years and don't mind not owning the car.
#12
Junior Member
Lease rates for the 580 sedan for May 2023 is:
24mo/7.5k Residual: 64%
Money Factor: 0.00226
Incentives: $7500 lease credit, $4500 Affinity via AMEX or Sam's Club, $1500 EQ conquest if you have a competitors EV
24mo/7.5k Residual: 64%
Money Factor: 0.00226
Incentives: $7500 lease credit, $4500 Affinity via AMEX or Sam's Club, $1500 EQ conquest if you have a competitors EV