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I give up on finding a decent lease

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Old 09-14-2010, 07:42 PM
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I give up on finding a decent lease

I've been shopping around for a lease and today's insulting offer on a 2010 was this..

92k MSRP
15k off MSRP cap cost
0.0031 MF
didn't tell me the residual but according to leaseguide.com it would translate to 52%.
$1200 monthly payment

What's going on??? It's end of the year and they're still playing games? They give me a fake 15K off just to jack up the MF to 0.0031 which translates to 7.44% interest rate and 14000 finance charge.

I give up
Old 09-14-2010, 07:58 PM
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Originally Posted by piancu
I've been shopping around for a lease and today's insulting offer on a 2010 was this..

92k MSRP
15k off MSRP cap cost
0.0031 MF
didn't tell me the residual but according to leaseguide.com it would translate to 52%.
$1200 monthly payment

What's going on??? It's end of the year and they're still playing games? They give me a fake 15K off just to jack up the MF to 0.0031 which translates to 7.44% interest rate and 14000 finance charge.

I give up

15k off sticker is not that bad- the 15k trunk money left on 08/02/2010 and now its 5k I believe so your 1200 lease payment isnt all that bad. You can make some adjustments to the residual by going into a lower mile lease and then work on the MF and you might be ok.

FYI MBCC MF's are always sky high unless subvented. But .00310 does seem high since STD rates in July were .00280 (not that much better).
Old 09-14-2010, 11:48 PM
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Thats not a bad deal. Some people are paying over 1400 a month on this forum.
Old 09-15-2010, 09:23 AM
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2011 E63 residuals are usually 58%, and around 54% on 2010. I think the dealer is adding a number to the MF , the last mf I saw was .00280 on 2010 and .00260 for a 2011.
Old 09-15-2010, 02:13 PM
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$1200 monthly is not bad for a $100K car...
Old 09-16-2010, 01:52 AM
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Originally Posted by E55_GT3wheels
$1200 monthly is not bad for a $100K car...
No joke. It would be way over $1200 a month if you were to purchase. $1800+...
Old 09-16-2010, 11:29 AM
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My ex-cars: 03 E55,04 C32, 05 C55 ,03 E320
I'd say just wait a bit more and see if there will be trunk money again in the future...
but then again you run the risk of not be able to getting a 2010. Lots of ppl jumped the E63 deals during August when they had the trunk money...
Old 09-16-2010, 11:59 AM
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Originally Posted by derrick_lui
I'd say just wait a bit more and see if there will be trunk money again in the future...
but then again you run the risk of not be able to getting a 2010. Lots of ppl jumped the E63 deals during August when they had the trunk money...
I think the TM is all done--- it was due to over allocation on 2010's and now the 11's are there. The 2010 inventory was reduced and I was with the GM of the store where I got mine yesterday and they pulled all the money on the 10's.

Now one can still get great deals because the 2010's are essentially one year old. Dealers will just move them off the lot to avoid future flooring costs.
Old 09-19-2010, 04:04 PM
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2010 E63 AMG
would you like to take over my lease ? 103 msrp. 980 / month including taxes. and some down payment. car has 1500 miles...
Old 09-20-2010, 09:10 AM
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W212 E63
Originally Posted by vladsf
would you like to take over my lease ? 103 msrp. 980 / month including taxes. and some down payment. car has 1500 miles...
Hi - Just wondering why you're getting rid of your car?
Old 09-20-2010, 09:05 PM
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2010 E63 AMG
moving to different country at the end of this year for a contract,. would probably put it on a swapalease later...
Old 09-21-2010, 02:18 AM
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Friend of mine just got the e63 he is paying 1190+ tax so your 1200 isnt that bad.
Old 09-21-2010, 01:27 PM
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C63
Originally Posted by piancu
I've been shopping around for a lease and today's insulting offer on a 2010 was this..

92k MSRP
15k off MSRP cap cost
0.0031 MF
didn't tell me the residual but according to leaseguide.com it would translate to 52%.
$1200 monthly payment

What's going on??? It's end of the year and they're still playing games? They give me a fake 15K off just to jack up the MF to 0.0031 which translates to 7.44% interest rate and 14000 finance charge.

I give up
1200 Monthly payment is a good deal on a 92k E63.

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