Rohitgarewal

Hi everyone! A general thank you to several members on this board who's comments convinced me to go for the new e63!

I have to say I thought I would miss my 2010 s4 much more than I do, but the grumble from the twin v8 (radio was on for ten minutes only today) helps me know I've made a good decision.

Pictures will be up soon.

Btw, since I was scouring these boards for lease info, here's what I paid so upcoming buyers can have a benchmark. I'm worrie but welcome the feedback to see how much I paid in terms of a good deal or not. Regardless I'm happy with my decision and my monthly.

36 month lease.
7500 miles/year
$7995 out the door
$749/month + tax

Sticker was $92,950.

Thanks!

derek

Seems like a pretty good deal to me, though I would rather have my payment be 900 plus without paying down the lease in the beginning, but that's just me. Oh, more miles too!

hyperion667

congrats man! what kind of extra's did you get?
seems like an okay deal......

Rohitgarewal

So out of the $8k down $3k was taxes, registration, and first payment, so my cap reduction was $5k.

The dealer contributed a little over $11k, selling me the car for $81k.

There isn't too much on there. Lane assist, parking assist, and panaromic moon roof.

shardul

iTrader: (1)

Congrats seem like a good deal.

K-A

Looks like a pretty damn good deal to me!

What's the residual value on the car at Lease end?

AC24

Congrats!

Miles seem kind of low. Is this your daily driver?

AC24

Why is it $749 + tax? What is the extra tax you are paying?

Rohitgarewal

61% of $92,950.00! Or about $56k.

Rohitgarewal

Sales tax in California.

Rohitgarewal

Not really, I ride my motorcycle 3-4 days a week.

Thanks!

AC24

I have never leased a car before.

What are the benefits of a lease? Pros/Cons

Have to be returned with stock wheels and no mods?

otakki

Congrats! By the way, what color is it, inside and outside?

Overall, lease is good if you plan to bounce from car to car every few years. However, buying the car still saves the most, esp if you plan to keep it for a long time. Fees are obviously one con on leasing a car. Another con is the limit in miles. The 7500 miles/year equals around 144 miles/week; that means you would be able to take frequent cross country drive.

xtyper

Congrats and welcome to the club!

You must have picked up the one at MB Bakersfield.

Mockbam5

96k retail

10k, $3,300 out of pocket and payment $1010 a month.

Rohitgarewal

Nope, MB of Walnut Creek.

Rohitgarewal

Sounds about right.

at 1010/month you are paying 220/mo more than me (if I had gotten 10k miles)...over three years thats about $8K.

I paid $8K down, so the difference is you're paying $3300 more for a car worth $3300 more...

Rohitgarewal

Yes definitely like new cars every few years. Plus with a lease I can write off about 80% of my payment because that's the percentage I use for my business.

drop997stop

Thats a pretty good deal from WC.

94K msrp

2k drive off, 12K miles, 1100 inc 8.25 tax

i dont like putting a lot of money down on a lease. keep the money in your pocket and invest it in sometime better

Pluse MB normally lets you write off the last couple of payments if you buy another car from them-

AMG12

Congrats I also had a 2010 s4 and am very happy with my 12 e63 for reasons u mentioned.
I'm sure I will miss the s4 when winter hits though.

AC24

Ok. I am going to do a similar lease as you but with around 10-15,000 miles/year 2012 CLS63, 36 Months.

What do you think would be a fair lease?

Rohitgarewal

Oh boy the cls is a whole different beast. I have no idea if or what type of trunk mney mercedes is giving on those.

Rohitgarewal

Yeah the s4 is a beast, and dollar for dollar I don't think there is a better car under $100K.

However, I got into this car for only $50 more a month, and they took my s4 and gave me extra money, making my down payment relatively negligible.

$50 more a month for a car with a sticker of $40K more? Deal.

Moore11

Is a lease a set rate or does it depend on your credit? My idenity was stolen so my credits horrible(it is getting cleared out but I don't want to wait). I would definatley pay 750 a month for this car.

Rohitgarewal

It's both really. The leasing company will have per determined rate based on your credit level. Alway try to find out what the leasing company rate is, because the dealer will sometimes adding a bit. Call around to cross verify rates.