So how many people actually bought their E55/E63 in cash?
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From: Rhode Island
2004 E55
So how many people actually bought their E55/E63 in cash?
Just wondering if most people pay cash, lease or buy over a 5 year term. I am fortunate enough to have bought my car in cash, of course it was only $50K 
If I can't buy a car out right I feel as if I should not be driving it, but that's just me. 
If I can't buy a car out right I feel as if I should not be driving it, but that's just me.
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From: Calabasas
2005 Flint Grey E55
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From: SoCal
AMGs
I used to buy all my previous cars and pay in cash but leasing them make better sense now.
Last edited by 2K6E55; May 29, 2007 at 01:54 AM.
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1989 Toyota Tercel EZ - dyno'd @ 70whp/77wtq
Nothing is stupid.
Paid cash... but every time I am about to pull the trigger, I assess the situation - which one would likely leave me w/ more money at the end of the day:
- Cash: No investment (assume it's an either-or situation), no interest expense, TBD depreciation
- Lease: Investment but have interest expense + pre-determined depreciation
- Finance: Investment but have interest expense + TBD depreciation
Paid cash... but every time I am about to pull the trigger, I assess the situation - which one would likely leave me w/ more money at the end of the day:
- Cash: No investment (assume it's an either-or situation), no interest expense, TBD depreciation
- Lease: Investment but have interest expense + pre-determined depreciation
- Finance: Investment but have interest expense + TBD depreciation
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From: Tucson, AZ
'15 E63S P30
Nothing is stupid.
Paid cash... but every time I am about to pull the trigger, I assess the situation - which one would likely leave me w/ more money at the end of the day:
- Cash: No investment (assume it's an either-or situation), no interest expense, TBD depreciation
- Lease: Investment but have interest expense + pre-determined depreciation
- Finance: Investment but have interest expense + TBD depreciation
Paid cash... but every time I am about to pull the trigger, I assess the situation - which one would likely leave me w/ more money at the end of the day:
- Cash: No investment (assume it's an either-or situation), no interest expense, TBD depreciation
- Lease: Investment but have interest expense + pre-determined depreciation
- Finance: Investment but have interest expense + TBD depreciation
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From: Fort Worth, TX
2011 GL550, 2004 Audi S4 v8
Having listened to a few financial advisors, I agree with you 100%. But I can never seem to be able to wait long enough for the money. Unfortunately I like to live in the now. 50K is def. too much for me at this point in time.
If you can afford to pay cash, why the hell not.
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1989 Toyota Tercel EZ - dyno'd @ 70whp/77wtq
).But when you sell it for more than new price minus depreciation you declared, you need to pay recaptured depreciation.
If I'm not mistaken, one additional benefit of leasing vs. financing/buying outright is that you just need to pay tax on the depreciation. Someone may need to correct me here
If you by AMG new, yeah... I think leasing makes more sense (assuming the residual is high) given crazy depreciation in 1st and 2nd year (I bought mine exactly 2 years old & low mileage for only 55-60% MSRP
- but good for me as I think I would only "lose" $10K-$15K for the next 3 years - ~10%/year depreciation). But hey... there are plenty people out there who think $100K is just a spare change.
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From: Baltimore MD
MB, BMW
i paid cash 100k! i had no choice, i dont have a social security number so i cant finance or lease
when i lived in boston & DC, i saw tons of foreigners driving AMGs, BMW Ms & porsches. they were often young college/grad students from wealthy families in hongkong, arab world and se asia.
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From: Los Angeles, CA
2005 E55
