W213 AMG Discuss the W213 AMG - 2017 to present

Can Someone Explain 2021 Lease Numbers To Me?

Thread Tools
 
Search this Thread
 
Rate Thread
 
Old Aug 24, 2020 | 05:50 PM
  #1  
dnm4's Avatar
Thread Starter
Junior Member
 
Joined: Aug 2020
Posts: 65
Likes: 50
Mercedes
Can Someone Explain 2021 Lease Numbers To Me?

So I mentioned the other day was looking at a 2020, went in this morning and just ordered at 2021. They took a $2k deposit from me and the sticker is $127,800. No carbon brakes, didn't want the maintenance headache. The sales guy just called me to let me know the lease would be closer to $3000. Im in texas. I was planning on $2200 or so. So can someone help me understand? The sales guy didn't know the residual or money factor but here is my estimates

Anyways my quick math on what lease should be

$128,000 price and say 59% residual is $75,520

$128,000 - 75,520/36 months = $1,457.77 Base Payment

Then $128,000 + $75,520 = 203,520 x .0022(which is high) = $447.74 rent charge

So $1,457.77 base + $447.74 rent charge = $1,905.51 + sales tax

So I don't see how its anywhere near $3000/mo but if thats what they say fine, but this isn't my first lease.
Reply
Old Aug 24, 2020 | 06:02 PM
  #2  
kponti's Avatar
MBWorld Fanatic!
10 Year Member
Photogenic
Liked
Loved
Community Favorite
 
Joined: Dec 2013
Posts: 2,394
Likes: 239
E63
Originally Posted by dnm4
So I mentioned the other day was looking at a 2020, went in this morning and just ordered at 2021. They took a $2k deposit from me and the sticker is $127,800. No carbon brakes, didn't want the maintenance headache. The sales guy just called me to let me know the lease would be closer to $3000. Im in texas. I was planning on $2200 or so. So can someone help me understand? The sales guy didn't know the residual or money factor but here is my estimates

Anyways my quick math on what lease should be

$128,000 price and say 59% residual is $75,520

$128,000 - 75,520/36 months = $1,457.77 Base Payment

Then $128,000 + $75,520 = 203,520 x .0022(which is high) = $447.74 rent charge

So $1,457.77 base + $447.74 rent charge = $1,905.51 + sales tax

So I don't see how its anywhere near $3000/mo but if thats what they say fine, but this isn't my first lease.
I think they accidentally sold you a 2021 AMG GT63s
Reply
Old Aug 24, 2020 | 06:05 PM
  #3  
dnm4's Avatar
Thread Starter
Junior Member
 
Joined: Aug 2020
Posts: 65
Likes: 50
Mercedes
LOL right? Where Im lost is this Aston Vantage $173k sticker is available $0 down $1699/mo lease for 39 months at a mb/aston dealer in town when i was looking around for wagons this weekend

https://www.astonmartinhouston.com/n...icle-specials/

Are my lease numbers above not correct? Sales tax is not $1000/mo addition, what money factors/residuals are you guys seeing on the new wagon?
Reply
Old Aug 24, 2020 | 06:07 PM
  #4  
whoover's Avatar
MBWorld Fanatic!
20 Year Member
Photogenic
Liked
 
Joined: Mar 2006
Posts: 4,278
Likes: 377
From: San Jose area
'19 E63S sedan
Originally Posted by dnm4
So I mentioned the other day was looking at a 2020, went in this morning and just ordered at 2021. They took a $2k deposit from me and the sticker is $127,800. No carbon brakes, didn't want the maintenance headache. The sales guy just called me to let me know the lease would be closer to $3000. Im in texas. I was planning on $2200 or so. So can someone help me understand? The sales guy didn't know the residual or money factor but here is my estimates

Anyways my quick math on what lease should be

$128,000 price and say 59% residual is $75,520

$128,000 - 75,520/36 months = $1,457.77 Base Payment

Then $128,000 + $75,520 = 203,520 x .0022(which is high) = $447.74 rent charge

So $1,457.77 base + $447.74 rent charge = $1,905.51 + sales tax

So I don't see how its anywhere near $3000/mo but if thats what they say fine, but this isn't my first lease.
Mine is a 2019 but when I got it the MF was .00345. Needless to say, I bought instead of leasing. You'll probably also be surprised at the residual. Ask the dealer for the MF and residual.
Reply
Old Aug 24, 2020 | 06:10 PM
  #5  
dnm4's Avatar
Thread Starter
Junior Member
 
Joined: Aug 2020
Posts: 65
Likes: 50
Mercedes
even if MF went up to that, it would add $250+ a month more so $2100 + tax.

Im waiting for the salesman to go speak with the finance department and get back to me he doesn't have any of the numbers.

I would buy, but I genuinely hate the games when it comes to selling after, prefer to lease and just give it back.
Reply
Old Aug 24, 2020 | 06:17 PM
  #6  
ENCT's Avatar
Senior Member
 
Joined: Jul 2020
Posts: 385
Likes: 95
From: Newtown Square PA
2021 GLE580, 2022 BMW X5, 2022 911GTS Incoming
Go on Edmonds lease forum and ask for the residual and mf, then go back with the info and work toward a deal. I don't think they would have lease info before the cars are built. I had a 2018 911 C4S with a 148,000 msrp that was 2600 a month including PA taxes. I am thinking my 2021 E63S will be between $2200 and $2400, if its $3000 I will walk for sure.
Reply
Old Aug 24, 2020 | 06:23 PM
  #7  
dnm4's Avatar
Thread Starter
Junior Member
 
Joined: Aug 2020
Posts: 65
Likes: 50
Mercedes
Even price they dont really have, my build sheet says 1,127,xxx

So Im assuming the $127k is the price. Again I didn't do designo paint and I didn't do carbon brakes, so sticker shouldn't be high.

Attached my build sheet from today, any options I left off I should add?



Reply
Old Aug 24, 2020 | 06:24 PM
  #8  
dnm4's Avatar
Thread Starter
Junior Member
 
Joined: Aug 2020
Posts: 65
Likes: 50
Mercedes
Also carbon fiber steering wheel wasn't an option, that was disappointing bc I love the cf steering wheel on the current wagon. Hopefully they add that before this one goes into production, im 3rd on the list and first is going to begin production in october, mine would be in january, not sure why, but what i was told even though only 2 ppl ahead of me
Reply
MB World Stories

The Best of Mercedes & AMG

story-0

6 Mercedes Models That Did NOT Age Well (But Are Somehow Still Cool)

 Verdad Gallardo
story-1

Manual Mercedes? 6 Times Sindelfingen Let Drivers Have All The Fun

 Verdad Gallardo
story-2

Mercedes SLR McLaren 722 S Is Extremely Rare Example Modified by McLaren

 Verdad Gallardo
story-3

8 Classic Boxy Mercedes Designs That Have Aged Like Fine Wine

 Verdad Gallardo
story-4

Flawlessly Restored Mercedes 190E Evo II Heads to Auction

 Verdad Gallardo
story-5

Electric Mercedes C-Class Unveiled: 11 Things You Need to Know

 Verdad Gallardo
story-6

Mercedes EQS Gets A Major Update: Everything You Need to Know

 Verdad Gallardo
story-7

5 Underrated Mercedes-Benz Models That Don't Get the Love They Deserve

 Verdad Gallardo
story-8

Mercedes 300D Has Pushed Well Past 1 Million Miles and It Ain't Stopping

 Verdad Gallardo
story-9

10 Most Reliable Mercedes-Benz Models You Can Buy Used

 Verdad Gallardo
Old Aug 24, 2020 | 07:08 PM
  #9  
6G Schnell's Avatar
MBWorld Fanatic!
15 Year Member
Liked
Loved
Community Favorite
 
Joined: Feb 2010
Posts: 1,204
Likes: 271
From: North CA
2021 E63S and 2025 GT63
Originally Posted by kponti
I think they accidentally sold you a 2021 AMG GT63s
LMAO
Reply
Old Aug 24, 2020 | 07:12 PM
  #10  
ENCT's Avatar
Senior Member
 
Joined: Jul 2020
Posts: 385
Likes: 95
From: Newtown Square PA
2021 GLE580, 2022 BMW X5, 2022 911GTS Incoming
Originally Posted by dnm4
Even price they dont really have, my build sheet says 1,127,xxx

So Im assuming the $127k is the price. Again I didn't do designo paint and I didn't do carbon brakes, so sticker shouldn't be high.

Attached my build sheet from today, any options I left off I should add?

That base price is not correct, the 2021 pricing is not out yet. Use the 2020 base and add your options for a closer number. Your dealer blows and should have told you that. I am getting my car from a dealer 400 miles from me because everyone around me sucks. I just ordered a 2021 GLE580 and it has that same base price on the build sheet because that price is not out yet either. Good luck with your build. Also look at the DOG someone just posted for the 2021 options.
* Actually the base is over a million dollars.
Reply
Old Aug 24, 2020 | 07:48 PM
  #11  
kponti's Avatar
MBWorld Fanatic!
10 Year Member
Photogenic
Liked
Loved
Community Favorite
 
Joined: Dec 2013
Posts: 2,394
Likes: 239
E63
Originally Posted by dnm4
Even price they dont really have, my build sheet says 1,127,xxx

So Im assuming the $127k is the price. Again I didn't do designo paint and I didn't do carbon brakes, so sticker shouldn't be high.

Attached my build sheet from today, any options I left off I should add?

If you are looking in Houston, I can recommend better options for dealers to give you real world numbers (not sure about 2021 yet though).
My quote for a $124,xxx 2020 was around $2000/month with 12k miles per anum
Reply
Old Aug 24, 2020 | 07:53 PM
  #12  
places's Avatar
MBWorld Fanatic!
5 Year Member
Liked
Loved
Community Favorite
 
Joined: Oct 2018
Posts: 3,360
Likes: 1,526
From: Washington DC
No more MB:(
Something is wrong with those numbers. 2200 is more realistic.
Reply
Old Aug 24, 2020 | 08:57 PM
  #13  
MuffinFlavored's Avatar
MBWorld Fanatic!
 
Joined: Jul 2014
Posts: 1,248
Likes: 197
2018 W213 E 63 S AMG Sedan
Originally Posted by ENCT
Go on Edmonds lease forum and ask for the residual and mf, then go back with the info and work toward a deal. I don't think they would have lease info before the cars are built. I had a 2018 911 C4S with a 148,000 msrp that was 2600 a month including PA taxes. I am thinking my 2021 E63S will be between $2200 and $2400, if its $3000 I will walk for sure.
my $113k 2018 e63s amg was $1,671 before tax (i didn't option it, i know it's cheap, it's a swapped lease)
Reply
Old Aug 25, 2020 | 11:29 AM
  #14  
24Hours's Avatar
Super Member
 
Joined: Mar 2005
Posts: 551
Likes: 160
From: NYC area
2019 E63S wagon; 2016 Landrover Landmark
Originally Posted by ENCT
That base price is not correct, the 2021 pricing is not out yet. Use the 2020 base and add your options for a closer number. Your dealer blows and should have told you that. I am getting my car from a dealer 400 miles from me because everyone around me sucks. I just ordered a 2021 GLE580 and it has that same base price on the build sheet because that price is not out yet either. Good luck with your build. Also look at the DOG someone just posted for the 2021 options.
* Actually the base is over a million dollars.
Ha! That's a bargain for a $1.1 million car!

Now about that Aston Martin...
Reply
Old Aug 25, 2020 | 12:01 PM
  #15  
mcdougall964's Avatar
Junior Member
 
Joined: Dec 2019
Posts: 47
Likes: 30
From: The Woodlands, TX
2018 E63 Wagon
Originally Posted by dnm4
LOL right? Where Im lost is this Aston Vantage $173k sticker is available $0 down $1699/mo lease for 39 months at a mb/aston dealer in town when i was looking around for wagons this weekend

https://www.astonmartinhouston.com/n...icle-specials/

Are my lease numbers above not correct? Sales tax is not $1000/mo addition, what money factors/residuals are you guys seeing on the new wagon?
Sales tax in Texas w/o a trade would be $225/mo on a 36 month lease which is still a far reach from $1K.
Reply
Old Aug 25, 2020 | 01:19 PM
  #16  
dnm4's Avatar
Thread Starter
Junior Member
 
Joined: Aug 2020
Posts: 65
Likes: 50
Mercedes
agree, the salesman has no idea what he's talking about, I called this morning and left a voicemail for the finance manager and he hasn't called me back.

I rolled over to that edmunds forum someone mentioned above I saw people posting GLK leases for .00125 money factors. The .0022 i posted above i said was high as that 5.5% or so. I don't know if .00125 is available on an e63 wagon but I want 7500 miles bc i dont drive much, work and home are short distances and I saw someone post the GLK has a 61% residual so if the e63s wagon has a lower residual than a glk i would be stunned

Still trying to sort it all out but will post numbers here shortly if/when he calls.

Reply
Old Aug 25, 2020 | 01:26 PM
  #17  
dnm4's Avatar
Thread Starter
Junior Member
 
Joined: Aug 2020
Posts: 65
Likes: 50
Mercedes
https://forums.edmunds.com/discussio...als-and-prices

sorry GLA, mb has so many models these days i cant even keep up. Im old school and remember the days of just C,E,S with an ML and G sprinkled in.

2021
.00129 MF and 58% residual
$500 dealer incentive

Reply
Old Aug 25, 2020 | 02:00 PM
  #18  
Wolfman's Avatar
Super Moderator
MBWorld Ambassador

20 Year Member
Loved
Community Favorite
 
Joined: May 2002
Posts: 10,542
Likes: 3,674
From: Land of 10,000 lakes
AMG GTC Roadster, E63s Ed.1, M8 Comp. Coupe
Originally Posted by dnm4
LOL right? Where Im lost is this Aston Vantage $173k sticker is available $0 down $1699/mo lease for 39 months at a mb/aston dealer in town when i was looking around for wagons this weekend

https://www.astonmartinhouston.com/n...icle-specials/

Are my lease numbers above not correct? Sales tax is not $1000/mo addition, what money factors/residuals are you guys seeing on the new wagon?

Aston Martin is hurting for a reason and they will have to take significant losses on returns giving the numbers they use to create these deals. I remember looking at AM Vantage leases a year or so ago. Numbers were 59% RV at 36/7500 miles with a 0.00056MF.

Just for reference, our local dealer bombarded us with special lease savings emails after we already returned our 2018 E63s but their numbers were sub $2k/month for a 30months/12k miles lease. Granted this was a few months ago on a MY20, likely a base price of $115k or so...
I recommend getting the actual MF quote to see how much they are marking it up. Doesn't Texas also add the full sales tax into the lease?
Reply
Old Aug 25, 2020 | 02:42 PM
  #19  
whoover's Avatar
MBWorld Fanatic!
20 Year Member
Photogenic
Liked
 
Joined: Mar 2006
Posts: 4,278
Likes: 377
From: San Jose area
'19 E63S sedan
Originally Posted by dnm4
agree, the salesman has no idea what he's talking about, I called this morning and left a voicemail for the finance manager and he hasn't called me back.

I rolled over to that edmunds forum someone mentioned above I saw people posting GLK leases for .00125 money factors. The .0022 i posted above i said was high as that 5.5% or so. I don't know if .00125 is available on an e63 wagon but I want 7500 miles bc i dont drive much, work and home are short distances and I saw someone post the GLK has a 61% residual so if the e63s wagon has a lower residual than a glk i would be stunned

Still trying to sort it all out but will post numbers here shortly if/when he calls.
They haven't made GLKs since 2015 as far as I know, so something doesn't make sense. Also, the money factor and residuals for AMG models are much worse than for non-AMG models. Remember, I was quoted MF .00345 in January 2019 for my E63S.
Reply
Old Aug 25, 2020 | 03:17 PM
  #20  
GermanMIA's Avatar
Member
 
Joined: Nov 2017
Posts: 114
Likes: 36
2020 E63S, 2020 Jeep Wrangler Sport S
Originally Posted by whoover
They haven't made GLKs since 2015 as far as I know, so something doesn't make sense. Also, the money factor and residuals for AMG models are much worse than for non-AMG models. Remember, I was quoted MF .00345 in January 2019 for my E63S.
That's correct, and also that MF is crazy. Mine was 0.00265 in December 2019.
Reply
Old Aug 25, 2020 | 03:26 PM
  #21  
Michael Khan's Avatar
Super Member
10 Year Member
Liked
Loved
Community Favorite
 
Joined: Feb 2013
Posts: 619
Likes: 75
WTF, i think they definitely gave you the lease for a amg gtr lmao. I am looking at cars now and a 2020 R8 lease is 2k a month.
Reply
Old Aug 25, 2020 | 03:37 PM
  #22  
dnm4's Avatar
Thread Starter
Junior Member
 
Joined: Aug 2020
Posts: 65
Likes: 50
Mercedes
Originally Posted by whoover
They haven't made GLKs since 2015 as far as I know, so something doesn't make sense. Also, the money factor and residuals for AMG models are much worse than for non-AMG models. Remember, I was quoted MF .00345 in January 2019 for my E63S.
That makes sense as most amg models plunge into the abyss value wise but the e63s wagon is right there at the top in terms of retaining value and you're talking a whole brand new model. I called in twice today and everytime the girl who answers connects me to the finance manager it goes to voicemail. I just spoke to audi by me and they 1 rs6 avant allocation left, they don't have the money factor and residual till 1 mo before the car comes which would be december but the salesman asked the finance manager and he believes depending on price $125k car should hover around $2100/mo with good credit
Reply
Old Aug 26, 2020 | 11:28 AM
  #23  
Yogibara's Avatar
Member
 
Joined: Oct 2014
Posts: 121
Likes: 3
From: Houston
1995 E320 Wagon
Originally Posted by GermanMIA
That's correct, and also that MF is crazy. Mine was 0.00265 in December 2019.
Houston, TX here. I leased a 2015 C400 from MB North Houston and the MF I got was .0034 with a RV of 55%. I got hosed.
Reply
Old Aug 27, 2020 | 04:38 PM
  #24  
dnm4's Avatar
Thread Starter
Junior Member
 
Joined: Aug 2020
Posts: 65
Likes: 50
Mercedes
Nobody has called me back yet, ridiculous, but ill give them benefit of the doubt bc we were supposed to have a hurricane last night and nothing hit. I spoke to an audi dealer today and they had 1 allocation for an RS6 avant left I could have and they quoted me

52% residual
.0032 money factor
36 mo/10k lease

This was based of the RSQ8 leases they've done. No offense, but what is wrong with people paying 8% interest rate money factors in a record low interest rate environment? No car is worth getting bent over for, if the numbers don't work its a no deal imo. Im not paying $2900/mo for an rs6 avant lol
Reply
Old Aug 27, 2020 | 09:22 PM
  #25  
Yogibara's Avatar
Member
 
Joined: Oct 2014
Posts: 121
Likes: 3
From: Houston
1995 E320 Wagon
Originally Posted by dnm4
Nobody has called me back yet, ridiculous, but ill give them benefit of the doubt bc we were supposed to have a hurricane last night and nothing hit. I spoke to an audi dealer today and they had 1 allocation for an RS6 avant left I could have and they quoted me

52% residual
.0032 money factor
36 mo/10k lease

This was based of the RSQ8 leases they've done. No offense, but what is wrong with people paying 8% interest rate money factors in a record low interest rate environment? No car is worth getting bent over for, if the numbers don't work its a no deal imo. Im not paying $2900/mo for an rs6 avant lol
Couldn’t agree more. That’s a mortgage payment for a family in Houston goodness sake. It makes me sad because I absolutely love the new cars coming out from MB and Audi but it’s a matter of principle at this point.
Reply


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


All times are GMT -4. The time now is 04:05 PM.

story-0
6 Mercedes Models That Did NOT Age Well (But Are Somehow Still Cool)

Slideshow: Not every Mercedes design becomes timeless, some feel stuck in the era they came from.

By Verdad Gallardo | 2026-05-12 18:09:07


VIEW MORE
story-1
Manual Mercedes? 6 Times Sindelfingen Let Drivers Have All The Fun

Slideshow: Yes, Mercedes built manual cars, and some of them are far more interesting than you'd expect.

By Verdad Gallardo | 2026-05-02 12:36:58


VIEW MORE
story-2
Mercedes SLR McLaren 722 S Is Extremely Rare Example Modified by McLaren

Slideshow: A one-of-one U.S.-spec Mercedes-Benz SLR McLaren Roadster became even rarer after a factory-backed transformation at McLaren's headquarters.

By Verdad Gallardo | 2026-04-29 11:19:28


VIEW MORE
story-3
8 Classic Boxy Mercedes Designs That Have Aged Like Fine Wine

Slideshow: Before curves took over, Mercedes mastered the art of the straight line, and some of those shapes still look right today.

By Verdad Gallardo | 2026-04-25 12:05:49


VIEW MORE
story-4
Flawlessly Restored Mercedes 190E Evo II Heads to Auction

Slideshow: The 190E Evolution II shows how a homologation necessity became a six-figure collector icon.

By Verdad Gallardo | 2026-04-22 17:53:47


VIEW MORE
story-5
Electric Mercedes C-Class Unveiled: 11 Things You Need to Know

Slideshow: Mercedes is turning one of its core nameplates electric, and the details show just how serious this shift is.

By Verdad Gallardo | 2026-04-21 13:58:06


VIEW MORE
story-6
Mercedes EQS Gets A Major Update: Everything You Need to Know

Slideshow: Faster charging, longer range, and a controversial steer-by-wire system define the latest evolution of Mercedes-Benz EQS.

By Verdad Gallardo | 2026-04-15 10:35:34


VIEW MORE
story-7
5 Underrated Mercedes-Benz Models That Don't Get the Love They Deserve

Slideshow: These overlooked Mercedes-Benz models never got the spotlight, but they quietly delivered more than most remember.

By Verdad Gallardo | 2026-04-13 19:35:45


VIEW MORE
story-8
Mercedes 300D Has Pushed Well Past 1 Million Miles and It Ain't Stopping

Slideshow: A well-used 1991 Mercedes-Benz 300D with more than one million miles is now looking for a new owner, and it still appears ready for more.

By Verdad Gallardo | 2026-04-10 10:05:15


VIEW MORE
story-9
10 Most Reliable Mercedes-Benz Models You Can Buy Used

Slideshow: From bulletproof sedans to surprisingly tough SUVs, these Mercedes models proved that the three-pointed star can go the distance.

By Verdad Gallardo | 2026-04-08 09:55:49


VIEW MORE