Lease MOney factor and residual value
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Super Member
Joined: Jan 2008
Posts: 650
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From: Texas
2015 White/brown Nappa S550, '13 S550 4 matic, 11 S550 sold, '10 S550 Sports BLACK 08 S550 P3 sport
Lease MOney factor and residual value
I need info on 2023 S580 for lease. Could one of the experts here share money factor rate and residual value for the car. Would appreciate it.
thanks
thanks
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From: Boston
AMG
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From: Maryland
2024 S580
I would recommend the Edmunds lease forums. They have a forum for every model car and provide all that data at request
https://forums.edmunds.com/discussio...prices-paid/p3
https://forums.edmunds.com/discussio...prices-paid/p3
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2018 S560, 2004 SL500, 2014 S550 (SOLD), 2012 S550 x2(SOLD), 2007 CL600 (SOLD), 2007 S600(SOLD)
Thread Starter
Super Member
Joined: Jan 2008
Posts: 650
Likes: 24
From: Texas
2015 White/brown Nappa S550, '13 S550 4 matic, 11 S550 sold, '10 S550 Sports BLACK 08 S550 P3 sport
Current
Actually according to the dealer the current MF is .0029, and residual 50% for 12k.
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Joined: Jan 2005
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From: Boston
AMG
The residual for 12 k is correct as the dealer cannot change it, but MF is another profit channel for the dealer so they have a right to raise it. You can negotiate it all the way down to .0024.
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From: Maryland
2024 S580
The dealer is marking up the MF in order to steal from you. The numbers posted are correct. Tell the dealer you want the retail MF or you’ll buy from a dealer who won’t try and screw you.
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From: Costco
2025 AMG GT 63
I purchased a lot of cars over my years, running into all of the usual scams along the way. The one scam that always pisses me off is the one where the dealership finance guy just blatantly puts extra crap on the contract or a different price then the one that was agreed upon during the signature part.
I read everything before signing and call them out and they’ll usually fess us and say that was a mistake and change it, taking their sweet time in an attempt to tire me out. There must be a lot of naive people in this world for them to keep trying this. This happened to me at my Mercedes dealership. Always read everything and don’t let the finance guy distract you. They will try and sweat you out by going slow knowing you want out with your new car. Read everything.
I read everything before signing and call them out and they’ll usually fess us and say that was a mistake and change it, taking their sweet time in an attempt to tire me out. There must be a lot of naive people in this world for them to keep trying this. This happened to me at my Mercedes dealership. Always read everything and don’t let the finance guy distract you. They will try and sweat you out by going slow knowing you want out with your new car. Read everything.
Thread Starter
Super Member
Joined: Jan 2008
Posts: 650
Likes: 24
From: Texas
2015 White/brown Nappa S550, '13 S550 4 matic, 11 S550 sold, '10 S550 Sports BLACK 08 S550 P3 sport
I have owned and enjoyed several S classes over the years and currently own a 2022, which I may trade up to the 2023.
i think when it comes to luxury, comfort , style and status, there is none above S classes.
of course this is just my opinion and do not want to start a war on the forum . To each its own.
lol
stay blessed all!!
Thread Starter
Super Member
Joined: Jan 2008
Posts: 650
Likes: 24
From: Texas
2015 White/brown Nappa S550, '13 S550 4 matic, 11 S550 sold, '10 S550 Sports BLACK 08 S550 P3 sport
I purchased a lot of cars over my years, running into all of the usual scams along the way. The one scam that always pisses me off is the one where the dealership finance guy just blatantly puts extra crap on the contract or a different price then the one that was agreed upon during the signature part.
I read everything before signing and call them out and they’ll usually fess us and say that was a mistake and change it, taking their sweet time in an attempt to tire me out. There must be a lot of naive people in this world for them to keep trying this. This happened to me at my Mercedes dealership. Always read everything and don’t let the finance guy distract you. They will try and sweat you out by going slow knowing you want out with your new car. Read everything.
I read everything before signing and call them out and they’ll usually fess us and say that was a mistake and change it, taking their sweet time in an attempt to tire me out. There must be a lot of naive people in this world for them to keep trying this. This happened to me at my Mercedes dealership. Always read everything and don’t let the finance guy distract you. They will try and sweat you out by going slow knowing you want out with your new car. Read everything.
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