icebeam

Lets say you buy a S550 for $120k. You prepay it $50k. The car gets totaled 5 days after you drive it off the lot. You are out $50k. When you could have only been out one payment. Basically makes the mandatory gap insurance useless.

AustinGuy

Great point! Wow! Didn't think of that.

So basically the point of a lease is pay the minimum down payment (or maybe $0 down) and lease for the shortest time?

swaynesworld

Have you considered a wholesaler? The person that buys cars by the truckload at auction for local dealers? I only buy this way unless I want a specific option that I'm unwilling to go without nor wait for.

j3di

It's a biz car so I need to lease. Thanks for the suggestion.

DKM

When i was looking about 2-3 weeks ago I found a few dealers giving 30-35k off MSRP. The benz dealer in Phoenix and Fletcher Jones in Chicago were at 35k. Its just a matter of looking on autotrader for NEW 2015s, which last time i looked there were about 50-55 leftover 2015s.

dkm

icebeam

Really that high... I thought I got a good deal at 18.1% off MSRP (Granted this was in Dec 2015). The numbers you are suggesting are like 25% + off MSRP depending on the MSRP of the car.

DKM

I had 3 different dealers offer me 30+K off. The dealer in Phoenix had a 153k msrp car for 122k. I still have the text messages from a Florida dealer trying to sell me a 161k msrp car for 128k...i actually have the texts from the AZ dealer too.


dkm

icebeam

Thanks for the information. Sure looks like you are going to get a nice deal if you pull the trigger.

DKM

I pulled the trigger on a 2014 CPO S63 w 2300 miles, with a 164k msrp, I paid 103k at a Utah MBZ dealer.

dkm

icebeam

Deperation is a $*(@ on a AMG. Nice job letting someone else take the hit Enjoy your new ride.

DKM

LOL...thanks. Its nice knowing I wont get beat up too bad if/when i want to sell it.

dkm

xo4all

2/29 was the last day you can lease a 2015 S-Class Sedan, Mercedes had a lease special, and I negotiated $125k MSRP down to $100,500. With 7K down my payment is under $990 a month. All remaining 2015s cannot be leased.

MTrauman

What are your lease terms?


* lease term in months;
* miles allowed over the lease term;
* money factor;
* residual.

xo4all

36 months
30k miles
0.00041 MF
$63,801.00 residual

AustinGuy

What was the MSRP and final selling price?

xo4all

MSRP $125,100


Got it for $100,500