January 2014 E63S Money Factor/Residual on 3/36 Lease?
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2014 RS7, 2008 SL65
January 2014 E63S Money Factor/Residual on 3/36 Lease?
Does anyone have any insight on the best January 2014 Money Factor/Residual on 3/36 Lease for a 2014 E63S?
Strong credit and will do autopay.
Car arrived and want to get best deal.
Thanks.
Strong credit and will do autopay.
Car arrived and want to get best deal.
Thanks.
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From: THE Orange County, California
2024 C8 Z06- 2025 BMW CS- 2022 Porsche 992 GTS
The residual is fixed based on model, term, miles which you decide so it depends on what you want. The S is 54% for 15k miles at 36 months. Now keep in mind this is a carryover from dec and it will expire tomorrow or it could get renewed.
MF depends on how you score under the mbfs model... currently .00195 (non auto pay) is the best offered standard rate I believe on Tier 1-A.
Thread Starter
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Joined: Mar 2013
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2014 RS7, 2008 SL65
The residual is fixed based on model, term, miles which you decide so it depends on what you want. The S is 54% for 15k miles at 36 months. Now keep in mind this is a carryover from dec and it will expire tomorrow or it could get renewed.
MF depends on how you score under the mbfs model... currently .00195 (non auto pay) is the best offered standard rate I believe on Tier 1-A.
MF depends on how you score under the mbfs model... currently .00195 (non auto pay) is the best offered standard rate I believe on Tier 1-A.
Thanks Vic.
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2024 C8 Z06- 2025 BMW CS- 2022 Porsche 992 GTS
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From: THE Orange County, California
2024 C8 Z06- 2025 BMW CS- 2022 Porsche 992 GTS
The problem is if someone leases an E63AMG for 10k miles for 36 months his/her buyout is based off 61% of msrp- so lets say the car is 100k--- is an E class AMG really worth 61k in three years? No fawking way... MBFS trapping lessees and then elevating their money factors to std rates like .00195 or 4.68% apr. I hope all these leases make it to term and MBFS takes a bath at the auction LOL. Now it is a benefit for those who keep their cars to term as they pay less depreciation but the MF does eat up some of that gain.
I do applaud BMW for using .00125 as their standard top tier rate.
I do applaud BMW for using .00125 as their standard top tier rate.
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From: Florida
2014 E63 S
The problem is if someone leases an E63AMG for 10k miles for 36 months his/her buyout is based off 61% of msrp- so lets say the car is 100k--- is an E class AMG really worth 61k in three years? No fawking way... MBFS trapping lessees and then elevating their money factors to std rates like .00195 or 4.68% apr. I hope all these leases make it to term and MBFS takes a bath at the auction LOL. Now it is a benefit for those who keep their cars to term as they pay less depreciation but the MF does eat up some of that gain.
I do applaud BMW for using .00125 as their standard top tier rate.
I do applaud BMW for using .00125 as their standard top tier rate.
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From: Rural NoVA
'14 E63S, '13 G550, '06 E320 cdi, and a bunch of other stuff.
And if you're paying ~4.5% interest on a lease, then you're blowing an extra $7-9K in finance charges over the term of the contract as compared to a low interest loan.
There are no free lunches.
There are no free lunches.
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From: Llanfairpwllgwyngyllgogerychwyrndrobwllllantysiliogogogoch, TX
E63S wagon w212; GLC63; GLC300; 720S
Audi, unlike Benz and BMW, has crap residuals on leases (albeit optimistic after crushing depreciation on purchased car), and leases are idiotic. I'd never lease from AoA, and best paper they offered on S8 or RS7 was 4.5 financing? Really? USAA has 1.39% paper and .9% off on loans <36, 1.99% -0.9% on 48-60 notes. 0.49% paper. Get it now kids. That is free lunch. Portfolio moved more than that today.
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From: SoCal
2013 E63 AMG
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From: Rural NoVA
'14 E63S, '13 G550, '06 E320 cdi, and a bunch of other stuff.
And the lessor pays bank fees at the beginning and end of contract. And is locked into the term. And in some jurisdictions pays sales tax on the entire value.
I'm not saying one is better than the other in any generic situation, each option will make sense in certain specific cases.
I'm not saying one is better than the other in any generic situation, each option will make sense in certain specific cases.
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From: THE Orange County, California
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True but in California and other non up front states we do not pay taxes on the 100k sale price (if its 100k)... we only pay the tax on each lease payment. So the 8k in sales tax is not paid up front- leasing can work but you have to come in working the price of the car and MF to its lowest offered rate which doesnt always happen since there is no disclosure. Of course when you are about to sign your lease agreement you back your way into it because the rent factor total dollars are listed.
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From: NA
Yes
Vic, point blank, you know this in and out. If I was to walk in the dealer tomorrow and say give me that $106k msrp e63s for xxxx a month, what would the best realistic scenario be, without AMA/fleet? Factoring in 0 down and 12k/yr.
For kicks
For kicks
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From: Florida
2014 E63 S
@$1600-$1700 would be my highly educated guess.
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From: Boston
New G550
E63S with $118,000 msrp
$4,000 out of pocket
24 months = $2500
36 months = $2000
buyout was $72,000 on 36 months.
That was what I was quoted today.
They would give me the car at sticker with the above numbers.....
on my way out they offered a $5000 discount!
$4,000 out of pocket
24 months = $2500
36 months = $2000
buyout was $72,000 on 36 months.
That was what I was quoted today.
They would give me the car at sticker with the above numbers.....
on my way out they offered a $5000 discount!
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From: New York
old daily driver '07 E63(gone); new dd '14 750xi; 2013 Viper GTS
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2014 GL350 2014 E350
My dealer just gave me a residual of 64% for 24 month @ 7.5k per year yesterday on an E63S, but here is the kicker - they said that the MBFS "standard" mf is .0025 (6%) for Jan ... brutal!! The payment came in at just over $1,600 excluding use tax on a $104k car. I have bought a lot of cars from them so I'll be getting to the bottom of that rate tomorrow.
Just very surprised that their AMG cars carry a much, much lower residual (10-12% less) compared their bread and butter counterparts.
Just very surprised that their AMG cars carry a much, much lower residual (10-12% less) compared their bread and butter counterparts.
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From: NA
Yes
107k msrp - 102k selling price
12k
36 months
2k down
1650/month
I still think we should be in the 1350-1450 range, maybe I'm being optimistic.
And I agree...for 1700 a month, what else is out there?
12k
36 months
2k down
1650/month
I still think we should be in the 1350-1450 range, maybe I'm being optimistic.
And I agree...for 1700 a month, what else is out there?
