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-   -   How upside down are you? (Lease) (https://mbworld.org/forums/w213-amg/750142-how-upside-down-you-lease.html)

apsuard 07-12-2019 02:22 PM

I heard from few others that transmission is weak point when you start pushing power.

Hopefully I won’t run into that.

jvmax 07-12-2019 03:44 PM

Back in april I got a $93k buy offer from Mercedes on a $114k payoff amount on my lease, $120k sticker, 5k miles. This is why I have on swapalease with $12k incentive so an individual instead of a dealer can get a deal.

MuffinFlavored 07-12-2019 09:18 PM


Originally Posted by jvmax (Post 7801635)
Back in april I got a $93k buy offer from Mercedes on a $114k payoff amount on my lease, $120k sticker, 5k miles. This is why I have on swapalease with $12k incentive so an individual instead of a dealer can get a deal.

which is very nice of you

if you had to guess, why is nobody biting?

jvmax 07-15-2019 01:50 PM


Originally Posted by MuffinFlavored (Post 7801881)
which is very nice of you

if you had to guess, why is nobody biting?

very few people in the over $2000 lease payment per month market

MuffinFlavored 07-23-2019 03:54 PM

alright so I'm not mathematician but check out this backyard math:

currently, you can probably get ~$80k for an E63S on trade in. whether a dealer is moving money around on you, who cares.

unless you front loaded your lease with a bunch of money down (which is kind of dumb because you stand to lose it all in the event of a total and you're basically just prepaying your lease payment sans interest), you're probably $15k underwater.

now, say you drive like, 10k miles a year. pretty standard here. everybody has 19 other cars and all that. 833 miles a month.

833 miles, 6 months, 5k miles

in a 6 month time frame, making roughly $1.5k/mo to "principal" (no interest, no tax) on your lease account, that's $9k

adding 5k miles to a car really shouldn't lower the value by more than... maybe $2-3k?

does that mean if you're upside down $15k now, but you make 6 more months of payments, you're really only down like... $5k then? or does the trade in value of the car slide like a rock?

how much less than $80k can a dealer offer you for the same car, 6 months + 5k miles later?...


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