With the current economic environment, what MF or interest rate are you all seeing from MB on recently delivered G63s?

Mine reportedly arrives at the dealership this week (built third decade of February so much earlier than I anticipated). I am requesting favorable rates as a frequent customer (in combination with the economic downturn) and they are telling me all lease rates are set by Mercedes.

If this is truly the case, what lease rate should I expect this week with a strong credit rating.

Btw, watched the video just posted interviewing the CEO of the company and it's very clear demand for all vehicles has fallen off considerably worldwide.

Appreciate your thoughts.

I saw someone post an interest rate of 1.99. A few weeks back.

That was actually a finance rate from a credit union not a lease rate through Mercedes.

I'm leasing the vehicle for 3 years as it's utilized mainly for business. Curious what current lease rates everyone is seeing from MB on this vehicle.

Top tier (A1+), non-marked up, MF was 0.00205 (4.92%) when I quoted the numbers in early March. I believe MBFS releases next month program and residuals around the 3rd of the month, so we'll get April's next week. It'll be interesting to see if they've incorporated a rate drop and/or dropped the residuals....

I have a another G coming in next month as well, but I'm not leasing. The AMG standard money factor will still probably be brutal......I'll see what I can find out once released, granted your local dealer doesn't mark up the money factor...

Good question, interested to see some responses. Have you thought about the IRS 179 accelerated depreciation? Its the better way if you can hang on for 5 years.

Thought about both options.

After 5 years if I sell the truck are we NO longer responsible for paying taxes on our capital gain?

Please let me know if you figure out how to make this work unless you do a like-kind exchange on a new truck & have a much lower basis on the new one purchased.

If your income is fairly steady (meaning you plan on being in a high tax bracket for the foreseeable future), I like the lease.

In the U.K. I’ve been told by a few dealerships we deal with through business that 75% of all orders for new and used cars are being cancelled . Should lead to some good finance deals as well as car deals.

good luck!!

Section 179 is a better deal if you get to depreciate the car and have the income to offset, your CPA would be a good place to start with that vs. a lease!

I think its 5, ask accountant. I did this with my 2018 as the buy numbers were better than the lease even before the tax differences. Typically AMG leases can be brutal, since the G tends to hold value better than most I liked the purchase play.

Think I agree. Been punching some numbers.

Assuming Purchase price of 165000

80 percent business use means 132000 allowed deduction (165000x0.8)

Accelerated depreciation of 100 percent first year equals 46200 savings first year at 35 percent bracket (132000×0.35)

Adjusted cost basis now 33000 (165000-132000)

If sell at ANY time (even after 5 years I think), have to pay 35 percent recapture taxes on the difference between sale price and adjusted cost basis. (ie. if sell for 100000 after 3 years then 100000-33000=77000x0.35=income taxes owed back to the govt after the sale).

Getting somewhere around 1200-1400 dollars actual cost per month on a finance purchase AFTER business tax deduction and subsequent payment of recapture taxes with most scenarios (depending on when you sell during the first 5 years and your interest rate). Less than 1100 per month if keep vehicle for less than 18 months OR keep vehicle greater than 60 months and then sell based on average value retention of the G63.

Lease costs around 1700-1900 per month AFTER 35 percent business tax break (assuming 80 percent utilization for business) depending on length of lease.

.00225 is A1. Dealer can mark up from there

Don't forget to ask about MSD, multiple security deposits. If you are going to lease, they have been allowing up to 10 times the monthly payment on the lease which reduces significantly the money factor. In January we calculated the return on investment of almost 11% on the MFD's. This is not a down payment, and you get the deposits back at the end of the lease.

Got to factor in the leased auto inclusion factor which is favorable. It's not as simple as deducting 80% of lease cost.

Looks like I'm going to purchase assuming love the vehicle when it finally arrives tomorrow morning.

Dealership offering 3.14 percent financing. Does that sound like a competitive rate? Was going to shop some credit unions if not.

Mid to high 2's is about the avg. now on top tier credit. They probably added some on the back end.

this seems good... whats the tenure of the loan?

Sounds about right. Term?

Sometimes if titled to a business the rate gets a "bump".

That was exactly what they did. Went to a local credit union instead and got 2.49 percent for 75 months. Put 28k down. Payments around 2k per month with 90 day deferment. With accelerated depreciation my first two years of payments are covered with the business use tax break. Getting front windows tinted and exoshield on the windshield today. Proximity sensor planned for early May. Hopefully welcoming home for good tomorrow.

Guess I'm not G dreaming anymore, hard to believe... First drive while limited was "wow this is the coolest thing I've ever been in." Honestly can't think of a single vehicle that I would rather have at this moment.

How does it compare with your Range Rover?

Congrats, Enjoy its' a great ride!

@G-Dreaming - any chance you could give us a quick review compared with your Rover, now you've had your new toy for a little while?

Anyone have any updated numbers? Wondering if I should lease mine

Sounds like they're holding at the same as last month