qwert543

Anyone know the 3/36 rates for the AMG wagon? Thx

14E63Wagon

Here is what I have:

Wagon
24 month - 12k: 59%
36 month - 12k: 56%

Sedan (S and non-S)
24 month - 12k: 63%
36 month - 12k: 60%

mf of .0025 on both

I have never seen rates this close between 24 and 36 months!!

Vic55

Ok for kicks, my thoughts only dont judge LOL

2014 msrp 106k (assume no GG tax)
sell price of 100k (6% off)
36 months at 12k is 60% (thru the 14th of this month but it wont drop much if at all)
residual on 106k is 63600
Depreciation over 3 years is 100-63600 or 36400 or 1011.11 per month
Assume lowest MF of .00185 (tier A1 with auto pay) and interest is 302.66
1011.11 plus 302.66 plus 8% sales tax (where I live and non upfront state) pmt is 1418.87


FYI .00250 is not the lowest MF right now.

keyserS

Dealer told me MF is .00215 c autopay, said .00185 was Sept. BS I think, but wtf.

Vic55

Tier 1 is .00225 and with auto pay it would be .00215.

Tier A1 is .00195 and .00185 with auto pay.

hbmess

is there a difference in the residual between the S vs the "regular" E63?

14E63Wagon

The rates Vic shows above were also provided to me today by MBFS

rory breaker

Thx Vic. Appreciate it! Has anyone been able to beat that?

Incon306

I was told by my dealer on Friday that Tier 1A on the 2014 E63 S is "standard rate" which is currently .00260 for January. I called BS and showed them this exact thread since I was expecting the MF to be .00195 or .00185 w/ auto-pay. They double-checked and swore that .00260 is what the current "standard rate" is on this car for January. After I complained about the rate being ridiculous they came back with .00220 with auto-pay as being the best rate they could possibly offer...

So what's the scoop and is there anything "official" that I can show them stating that the current "standard rate" MF for an E63S is .00195/.00185(w/ auto-pay)?

Thanks in advance!

335X-ray

I had something similar happen when I purchased my S. I kept asking for best rate and quoting the rate Vic had and they said nope, not an available rate. I guess some dealers want to mark up the $$ and won't budge. That was one reason I did a purchase with rate of 1.79%.

captlst

I'm $1270 including tax on a $101xxx stickered car for 36 months 10k miles with total out of pocket $5000. No fleet discounts were used.

Vic55

No they are matched... the wagon is the one that takes a residual hit in all terms.

Just so you all know, Im not a Benz dealer employee or work for the factory... I try to get my info from the best and most reliable sources but I cant tell a dealer to show you their internal rates or programs. In this case the dealer is looking to make money on you or you didnt score in their best tier. The dealer is in their right to make rate mark up. They are not forced to give you any rate unless they want to.

To get the .00195 you need to be approved by MBFS that way but then its the dealer's discretion to determine where they set the dealer rate. The difference is called a reserve split. So lets say you are approved at .00195 but the dealer sets you at .00295: they make difference between that based on the term of the loan times a split percentage. Ill use bogus numbers here but lets say the difference over a 36 month term is 3k between the .00195 and .00295- most stores run at 70/30 split where MBFS would retain the 30%. The dealer would get, after their loan is funded, the 70% of the 3k or 2100 on their statement. This is common for the dealer community to push and is allowable. The mistake most make when leasing is come in with a payment in mind vs a price and a mf rate set.

see above hahaha

Vic55

I can for myself only

AMG12

Those numbers make me like my 2012 more. I hope they come down by next year this time.

Vic55

Technically the residuals for the 2014's are better than the 2012's ever were so if one can work the price correctly and the MF- they will indeed get a better payment. But be prepared to keep that puppy to term with those higher residuals.

InclineWagon

Helpful information. I am expecting my wagon to come in next month from a June order (supposedly been delayed with interior and exterior CF packages) with an MSRP of $120k.

My question to you is assuming I'm going to keep it for 5 years, am I better off just doing a 60 month loan at say 3% or whatever the prevailing rates are with a $20k down payment or lease for 3 years with no down payment and finance the remaining years until I decide to sell? Not sure I've ever given thought to a comparison like this before and curious as to the overall cost difference. Thanks.

AMG12

Well my residual was 61% and MF was .00145 so not sure if that is happening any time soon, and I was able to get 10% off MSRP. The buyout is insane so I will be most likely keeping until term or 4 months early with pull ahead. I am fine with it because I like the car and the payment.

ace10

You can borrow auto money all day long for 1.5-2% at 60-66 months. You just gotta shop around the credit unions.

GregMB

Just for fun, I got a quote from my local MBZ dealer back in early November:


MSRP: $113,370.00
CAP COST: $110,662.75


Zero Down Leases were as follows:


24mo - $2166/mo - Residual $71,423.10
36mo - $1692/mo - Residual $68,022.00
48mo - $1657/mo - Residual $53,285.90




I didn't pay any attention to it at the time, but looking at it again now the residuals look wacky.... There's a $3401 drop from 24 to 36 months, but a $14,738 drop in residual value from 36 months to 48 months???


I'd always understood that the depreciation on an AMG is steep, but the non-linearity from year 3 to 4 seems odd to me..... but then again, maybe that's why everyone here seems to gravitate to a 36-month term as the "sweet spot"??




-G

ManhattanSpin

Def doesn't make sense to do less than 36 months on these guys

GregMB

For sure, but it also appears to not make sense to go MORE than 36 months either..... the monthly payment is almost identical between 36 & 48 month leases due to that oddball residual number on the 48month option.




-G

impex4

do you guys have an idea what the residual is for 36 months 7.5k miles?

(for sedan)

thanks

captlst

I think 63%

Incon306

62%

impex4

thanks - do you know the MF for 1 pay ?