Baloo588

Is a lease of 1,989 with tax such a high amount per month for 36 months, 0 down, 15k a year???? I think thats base on a horrible money factor and residual values. I got this quote today from my nearby MB dealer. I told them I do not want more than 1500 a month for the S550 4 matic. This is a 95,000 dollar car. That means I will waste 72,000 dollars almost for 3 years?????????????? Come on, no way thats right. The leasecompare value states a 55% residual value in 3 years, so why am I told to pay more than that???

Whats a good lease value for May? Isn't 1500 reasonable? Or should I just buy it and sell it off in 3 years and lose less money.

MercPlease

I can get 1500 including tax from my local dealer for $10k down.