Whats a "deal" on an E63 these days? Lease
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Senior Member
Joined: Jan 2006
Posts: 386
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From: Jupiter, Florida
2005 E55, 2004 E55(sold), 2001 Viper GTS, 2006 Viper VOI9, 1994 ZR-1 Corvette 2009 Viper ACR,
Whats a "deal" on an E63 these days? Lease
Looking at maybe leasing an E63 now.. I have a dealer willing to sell a $94k list E63, for $85k (which is invoice).. Is that decent? Or, are dealers doing minus invoice now, on these?
The lease works out to be $7500 due at signing (total, 7% tax,tag,etc. included) Comes out to $995/mo WITH 15,000 miles pre year. Which is great.
HOWEVER, there is a $5k rebate that I would need to qualify for.. IF NOT, payment goes up to $1150, with the same $7500 down..
Is this any good? Keep in mind, I would need 15k/year on the mileage. And this is for a loaded up car. P2,pano,Ipod,trunk closer,voice activation.
thanks
The lease works out to be $7500 due at signing (total, 7% tax,tag,etc. included) Comes out to $995/mo WITH 15,000 miles pre year. Which is great.
HOWEVER, there is a $5k rebate that I would need to qualify for.. IF NOT, payment goes up to $1150, with the same $7500 down..
Is this any good? Keep in mind, I would need 15k/year on the mileage. And this is for a loaded up car. P2,pano,Ipod,trunk closer,voice activation.
thanks
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Joined: Nov 2001
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From: THE Orange County, California
2024 C8 Z06- 2025 BMW CS- 2022 Porsche 992 GTS
Looking at maybe leasing an E63 now.. I have a dealer willing to sell a $94k list E63, for $85k (which is invoice).. Is that decent? Or, are dealers doing minus invoice now, on these?
The lease works out to be $7500 due at signing (total, 7% tax,tag,etc. included) Comes out to $995/mo WITH 15,000 miles pre year. Which is great.
HOWEVER, there is a $5k rebate that I would need to qualify for.. IF NOT, payment goes up to $1150, with the same $7500 down..
Is this any good? Keep in mind, I would need 15k/year on the mileage. And this is for a loaded up car. P2,pano,Ipod,trunk closer,voice activation.
thanks
The lease works out to be $7500 due at signing (total, 7% tax,tag,etc. included) Comes out to $995/mo WITH 15,000 miles pre year. Which is great.
HOWEVER, there is a $5k rebate that I would need to qualify for.. IF NOT, payment goes up to $1150, with the same $7500 down..
Is this any good? Keep in mind, I would need 15k/year on the mileage. And this is for a loaded up car. P2,pano,Ipod,trunk closer,voice activation.
thanks
Out of the 7500 drive off includes 1st pmt plus taxes, possible license fees and a sec deposit so your cap cost reduction is less. This cap reduction would further lower the 80k cost (if the dealer is giving the rebate on top).
Whats the money factor? I would need more info.
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Joined: Mar 2007
Posts: 47
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From: Libertyville, IL
08 ML350, 00 BMW 323i
need more
As vic55 stated you need to reveal the money factor. You also should give the residual value percentage, the reduced capitalized cost, and the lease length.
Also note the MB financial base rates are posted here. https://mbworld.org/forums/automotive-leasing-financing/247374-mercedes-benz-lease-rates-june-2008-a.html
This info is good to know. You can then know if the dealer is marking up the base rate.
Current rates for 15k/year are:
2008 Mercedes E63 AMG Sedan
24 Month – Residual 59% of MSRP – .00100 Base Rate
36 Month – Residual 50% of MSRP – .00175 Base Rate
48 Month – Residual 43% of MSRP – .00175 Base Rate
60 Month – Residual 39% of MSRP – .00330 Base Rate
IMO these mf are good but the residuals are horrible which is probably why the dealer is willing to discount the MSRP.
Also note the MB financial base rates are posted here. https://mbworld.org/forums/automotive-leasing-financing/247374-mercedes-benz-lease-rates-june-2008-a.html
This info is good to know. You can then know if the dealer is marking up the base rate.
Current rates for 15k/year are:
2008 Mercedes E63 AMG Sedan
24 Month – Residual 59% of MSRP – .00100 Base Rate
36 Month – Residual 50% of MSRP – .00175 Base Rate
48 Month – Residual 43% of MSRP – .00175 Base Rate
60 Month – Residual 39% of MSRP – .00330 Base Rate
IMO these mf are good but the residuals are horrible which is probably why the dealer is willing to discount the MSRP.
