W213 AMG Discuss the W213 AMG - 2017 to present
Sponsored by:
Sponsored by:

Any word on E63 lease rates/residual value?

Thread Tools
 
Search this Thread
 
Rate Thread
 
Old 04-14-2017, 06:05 PM
  #1  
MBWorld Fanatic!
Thread Starter
 
Koru_Kinshi's Avatar
 
Join Date: Jul 2004
Location: California
Posts: 1,276
Received 5 Likes on 5 Posts
2018 E63S AMG, 2003 SLK 230 Sport, 2004 SL 600, 2006 SLK 55 AMG, 1998 E320 Wagon
Any word on E63 lease rates/residual value?

I think this is probably the biggest question we all have on our minds right now. Lease rates.

That and what kind of % we can get off MSRP, or if we're going to have to wait it out.

I'm going to ask a friend of mine at FJ what he knows, but if anyone else has anything to share, that would be great.
Old 04-14-2017, 08:40 PM
  #2  
MBWorld Fanatic!
 
bobblehead's Avatar
 
Join Date: Jul 2013
Location: Toronto, Ont, Canda
Posts: 2,352
Received 667 Likes on 514 Posts
go fast grocery getter wagon
We will know once it's landed which would likely be in late June
Old 04-15-2017, 09:24 PM
  #3  
MBWorld Fanatic!
 
BACnMercedes's Avatar
 
Join Date: Mar 2012
Location: The Palmetto State
Posts: 2,340
Received 442 Likes on 306 Posts
19 E63s(wifeys) & a 21 GLE580
I've been asking my sales and finance people too but haven't really got much either.
Old 04-17-2017, 11:28 AM
  #4  
Super Member
 
Mike450's Avatar
 
Join Date: Mar 2015
Location: Bucks Cty, PA
Posts: 663
Received 47 Likes on 39 Posts
2015 gl450
First year model AMG lease rate?

I'll guess low/mid 50%-ish residual and a MF around .002 3/36, if we're lucky.

I'm interested as well, but I'm not holding much hope for anything out of the ordinary.
Old 04-19-2017, 12:51 AM
  #5  
MBWorld Fanatic!
Thread Starter
 
Koru_Kinshi's Avatar
 
Join Date: Jul 2004
Location: California
Posts: 1,276
Received 5 Likes on 5 Posts
2018 E63S AMG, 2003 SLK 230 Sport, 2004 SL 600, 2006 SLK 55 AMG, 1998 E320 Wagon
So it may be in the best interest to wait, you think.
Old 04-19-2017, 10:49 AM
  #6  
MBWorld Fanatic!
 
stealth.pilot's Avatar
 
Join Date: Jun 2010
Location: Atlanta
Posts: 2,429
Received 744 Likes on 486 Posts
2022 Mercedes EQS 580
Originally Posted by Koru_Kinshi
So it may be in the best interest to wait, you think.
Leasing is a way to smooth sales to optimize margin. They have good rates when demand is low, and bad rates when demand is high. Demand is never higher than at launch. So you should expect bad rates for at least the first 6 months.
Old 04-19-2017, 11:45 AM
  #7  
Member
 
Cyberbug's Avatar
 
Join Date: Apr 2017
Posts: 110
Received 3 Likes on 3 Posts
C300W4, E300W4, HP4. Smt4Two
I am thinking there will be no benefit of 3yr lease over 5yr financing - Monthly payment would be same. I have been leasing for last 10 years and 3 years go by fast and I always wish I would keep the car longer - so a 5 yr finance is a good option for anything above $100k.

Also thinking of Balloon Financing - have done that before in past and it worked out well.
Old 04-23-2017, 10:50 PM
  #8  
MBWorld Fanatic!
Thread Starter
 
Koru_Kinshi's Avatar
 
Join Date: Jul 2004
Location: California
Posts: 1,276
Received 5 Likes on 5 Posts
2018 E63S AMG, 2003 SLK 230 Sport, 2004 SL 600, 2006 SLK 55 AMG, 1998 E320 Wagon
Originally Posted by Cyberbug
I am thinking there will be no benefit of 3yr lease over 5yr financing - Monthly payment would be same. I have been leasing for last 10 years and 3 years go by fast and I always wish I would keep the car longer - so a 5 yr finance is a good option for anything above $100k.

Also thinking of Balloon Financing - have done that before in past and it worked out well.
Do tell. I've heard a lot about the balloon finance deal, but never tried it out. What's the credit requirements, etc? How much would I expect to be looking at?
Old 04-24-2017, 10:56 AM
  #9  
Member
 
Cyberbug's Avatar
 
Join Date: Apr 2017
Posts: 110
Received 3 Likes on 3 Posts
C300W4, E300W4, HP4. Smt4Two
Lease - low payment no commitment of buying at the end (you can if you want by financing the residual value or paying cash- predetermined at time of lease signing, based on payments made and agreed upon price) - Usually 51% of value. My $50K GLK residual is $30K after 3 years, My $61K C300W4 residual is $30K after 4 years. usually 3 year or 4 lease is best. for me 3 year is too short on these cars. You can always trade in early- sometimes MB may pay off your balance, or you will have to.

Financing - is best if you have spare monthly $ and want to keep the car

Balloon - is best when you don't have spare monthly $ and want to keep the car. You are committing upfront to buying the car just as finance - you own it when you sign. It reduces your monthly by basically leasing part of the value of the car - remainder is called the Balloon (usually 51% of initial value)- which you have to finance at the end or pay off with cash. Some dealers won't do it because of low rates.
Just found out my dealer (Very large dealer) has never done it.

I did Balloon on My 2013 BMW-HP4 (motorcycle) - 4yr - $26K bike I spent another $20K on the bike and financed the balloon this month, Bank doesn't care how much you put in it. They considered the Balloon amount as 90% value - still did it at a resealable rate. I finance it for 24months and will pay it off in 10m.

If you want to keep the car finance is best - but if monthly is too high do balloon financing - basically you can extend a normal 60-72month financing to double that - financing twice. hence reducing monthly payments

Last edited by Cyberbug; 04-24-2017 at 10:59 AM.
Old 04-24-2017, 11:01 AM
  #10  
Member
 
Cyberbug's Avatar
 
Join Date: Apr 2017
Posts: 110
Received 3 Likes on 3 Posts
C300W4, E300W4, HP4. Smt4Two
By the way I got 12% off on my GLK and %16.5 off on my C300 - its tiring process. But my dealer and I have an understanding - last deal we did the GM had to come out. and we met in the middle

both cars I paid below invoice - C300 has $20K in options

Last edited by Cyberbug; 05-18-2017 at 03:30 PM.
Old 04-29-2017, 11:12 AM
  #11  
Junior Member
 
Bocahoo's Avatar
 
Join Date: Feb 2009
Posts: 68
Likes: 0
Received 2 Likes on 2 Posts
2013 Audi A8L 4.0t, 2012 GL450
Originally Posted by Cyberbug
I am thinking there will be no benefit of 3yr lease over 5yr financing - Monthly payment would be same. I have been leasing for last 10 years and 3 years go by fast and I always wish I would keep the car longer - so a 5 yr finance is a good option for anything above $100k.

Also thinking of Balloon Financing - have done that before in past and it worked out well.

Yeah, or even 72 month financing. I can get 72 month financing at 1.99% through USAA if I use their car buying service (2.49% if just a normal purchase). If you assume a $120K OTD price, the monthly payment for a 72 month loan at 1.99% is $1,769... not cheap by any stretch, but if you compare that to a lease with a 50% residual and 0.002 money factor your payment is even higher (120K - $60K) / 36 = $1,667 + financing ($120K+$60K)*.002 = $360, so you'd be looking at a $2K per month lease for 36 mo at those rates. With the financing, at the end of 36 months, your loan balance would be $61,789... which probably wouldn't leave you upside down on the car assuming normal mileage.

That said, I'll wait 2 years and pick up a CPO'd model and let someone else take that first 2 year depreciation hit.
Old 05-01-2017, 02:33 PM
  #12  
Administrator

 
Vic55's Avatar
 
Join Date: Nov 2001
Location: THE Orange County, California
Posts: 11,921
Received 795 Likes on 495 Posts
2020 Audi R8 V10, 2016 AMG GTS, 2018 E63S Edition 1, 2018 Porsche GTS Cab, 2012 C63 BS
Originally Posted by Koru_Kinshi
I think this is probably the biggest question we all have on our minds right now. Lease rates.

That and what kind of % we can get off MSRP, or if we're going to have to wait it out.

I'm going to ask a friend of mine at FJ what he knows, but if anyone else has anything to share, that would be great.
Almost all AMG's run standard lease rates, only highly over produced models will get a factor subvened program. The E63 will get the best standard rate, if you qualify via an automated approval, at .00190 (currently Tier 1A rate) and residuals are left to be seen but I would assume 56% for 15k 36 month residual, adding up to 4% if you drop to 7500 miles per year.

As for discount, expect hardly anything up front as early adopters always pay full tilt to be the first one on the block. Wait for the model to hit the ground and saturate the market, then you will see some discounts.

I wont even delve in the reasons why one should or shouldnt lease as it always seems to turn into that type of thread when one asks for lease data.
Old 05-18-2017, 02:59 PM
  #13  
MBWorld Fanatic!
Thread Starter
 
Koru_Kinshi's Avatar
 
Join Date: Jul 2004
Location: California
Posts: 1,276
Received 5 Likes on 5 Posts
2018 E63S AMG, 2003 SLK 230 Sport, 2004 SL 600, 2006 SLK 55 AMG, 1998 E320 Wagon
Right. So wait, heh.

Bigger question now:

Are there prices on options, packages or anything?
Old 05-18-2017, 03:34 PM
  #14  
Member
 
Cyberbug's Avatar
 
Join Date: Apr 2017
Posts: 110
Received 3 Likes on 3 Posts
C300W4, E300W4, HP4. Smt4Two
The UK site has pricing now and car configurator. Though all options may not be the same for US market but you can get a good idea.

My car build came to £102,000

I opted for carbon fiber interior vs matte paint, went wit regular paint and wheels and no ceramic brakes. still hefty.
Old 05-18-2017, 05:30 PM
  #15  
MBWorld Fanatic!
Thread Starter
 
Koru_Kinshi's Avatar
 
Join Date: Jul 2004
Location: California
Posts: 1,276
Received 5 Likes on 5 Posts
2018 E63S AMG, 2003 SLK 230 Sport, 2004 SL 600, 2006 SLK 55 AMG, 1998 E320 Wagon
Originally Posted by Cyberbug
The UK site has pricing now and car configurator. Though all options may not be the same for US market but you can get a good idea.

My car build came to £102,000

I opted for carbon fiber interior vs matte paint, went wit regular paint and wheels and no ceramic brakes. still hefty.
Those Ceramic brakes are expensive. I still don't get the 1-caliper vs/ 4-caliper option. Doesn't make any sense, unless they figure 1 is enough for standard AMG performance brakes over 4.

Personally, I think I'll stick with black package, pano roof and a couple small options, like rear heated seats, the adaptive lights and the AMG exhaust. Everything else on the car looks gorgeous as is. No carbon fiber for me because NFC charging is more important to me.
Old 05-18-2017, 06:34 PM
  #16  
Member
 
Cyberbug's Avatar
 
Join Date: Apr 2017
Posts: 110
Received 3 Likes on 3 Posts
C300W4, E300W4, HP4. Smt4Two
The AMG exhaust is a must - shame it doesn't come standard on the E63S

I like all the driver aids - I have them on the C and lover them.

don't need rear heated seated, prefer the front heated and ventilated hope the US model has front ventilated seats.

I like the NFC option, but as far as I know at this time you are stuck with the black Piano finish on the center console- don't like that. you can only pick the upper trim. So unless they allow to match both I would rather pass on the NFC and get the CF. I have the black matte wood on the C both on upper trim and center console and prefer it much more.

soft closing doors, privacy glass.

the US books show some differences to the UK site.

but looks like I will be looking at $145K with tax/registration - will have to put down some and finance the rest. I am going to wait till the end of the year or so to place the order.

I just both a full options C which I shouldn't have
Old 05-18-2017, 09:48 PM
  #17  
MBWorld Fanatic!
 
2012 merc amg's Avatar
 
Join Date: Jul 2013
Location: Venice Florida
Posts: 4,458
Received 653 Likes on 511 Posts
2018 S560 and 2019 E450 Wagon.
To get the heated and ventilated seats I think you have to get the Multicontour seats at least in the USA. It refers to multi contour seats on the order form and not seat like it use to so I'm assuming both drivers and passenger seats are the mulitcontour seats with the Massage functions, I hope so because with just my massager on my side only my better half gets pissed off when I'm getting massage and she is not, lol. I'm getting mine with the lined Magnolia wood which in my opinion looks awesome, wish I could get wood on the center console but like you said, piano black it is. I really hope the sticker on my car is in the 120's but with the driver assistance and a lot of other things like the led lighting package, exhaust etc, might bring the car into the 130's.
Old 05-18-2017, 11:29 PM
  #18  
Junior Member
 
mtwoi's Avatar
 
Join Date: Sep 2016
Posts: 28
Likes: 0
Received 2 Likes on 2 Posts
2017 GLS 450
For that UK price of 102K, is that an OTR price with VAT?
Old 05-23-2017, 07:51 AM
  #19  
Junior Member
 
Ghanu83's Avatar
 
Join Date: May 2017
Posts: 22
Received 0 Likes on 0 Posts
Lexus rx 350
Originally Posted by mtwoi
For that UK price of 102K, is that an OTR price with VAT?
On the UK site it says "incl. VAT excl. OTR". So looks like OTR is excluded.

https://www.mercedes-benz.co.uk/pass...odelId=2130892
Old 05-23-2017, 06:01 PM
  #20  
MBWorld Fanatic!
Thread Starter
 
Koru_Kinshi's Avatar
 
Join Date: Jul 2004
Location: California
Posts: 1,276
Received 5 Likes on 5 Posts
2018 E63S AMG, 2003 SLK 230 Sport, 2004 SL 600, 2006 SLK 55 AMG, 1998 E320 Wagon
Originally Posted by 2012 merc amg
To get the heated and ventilated seats I think you have to get the Multicontour seats at least in the USA. It refers to multi contour seats on the order form and not seat like it use to so I'm assuming both drivers and passenger seats are the mulitcontour seats with the Massage functions, I hope so because with just my massager on my side only my better half gets pissed off when I'm getting massage and she is not, lol. I'm getting mine with the lined Magnolia wood which in my opinion looks awesome, wish I could get wood on the center console but like you said, piano black it is. I really hope the sticker on my car is in the 120's but with the driver assistance and a lot of other things like the led lighting package, exhaust etc, might bring the car into the 130's.
I think the heated & ventilated seats are standard for the US. At least that's what the order guide I received showed me. I just wish I would get some actual prices on options. Such a pain in the *** when they don't tell you until 11:59.
Old 09-09-2017, 10:34 PM
  #21  
Junior Member
 
2001_S15's Avatar
 
Join Date: May 2017
Posts: 19
Likes: 0
Received 1 Like on 1 Post
2014 Audi S6 / 2017 911 Targa 4 GTS
Any updates here? I was quoted 58% residual and an astronomical .0028 (!!) on a 36/7500 lease. When I leased my S6 3.5 years ago rates were ~ 3.9%.
Old 09-10-2017, 05:26 AM
  #22  
MBWorld Fanatic!
 
bobblehead's Avatar
 
Join Date: Jul 2013
Location: Toronto, Ont, Canda
Posts: 2,352
Received 667 Likes on 514 Posts
go fast grocery getter wagon
For Canada, the wagon is listed as:
36 months
18,000 km per yr
5.9% interest
$3300 in fees
58% residual

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 


You have already rated this thread Rating: Thread Rating: 0 votes,  average.

Quick Reply: Any word on E63 lease rates/residual value?



All times are GMT -4. The time now is 02:10 PM.