Huncowboy

There is an older lease thread without much traction. I hope I am not breaking any rules by creating this.

I am in the middle of my E63S ordering saga. I really just started to make the calls last week. Some of you have helped me out with recommendations. Thank you! I live in Palm Beach County (SE FL), and I am having a hard time getting a decent offer. But perhaps I am just wrong, and the offers are what they are.

Offer #1 from auto-nation (the biggest in my area with 3 large locations, also the most convenient for me)
$126,500 MSRP Build
No discount.
$2000 Down
12k/36 - 52% residual
Monthly with everything: $2524

Offer #2 form a non local FL dealer from the gulf coast
Same build as above.
6% discount
$0 down
15k/36 - 50% residual
Monthly with everything: $2250

(My local sales tax is 7%)

If I plug both of these offers into a calculator, I get a really high MF. Around 0.004 for the first quote and 0.003 for the second. That is the equivalent of a 7-8% interest rate. My understanding (online info... I may be wrong) is that the standard MF for MB, including the E63S, was 0.00165 last month. That is still pretty high but MB sets the base MF. I know the dealers can increase the MF and in both of the above offers they jacked it up. The auto-nation offer, and the whole interaction with the sales person, felt like they just don't want me over there. Hey! Go away! Go back to BMW! Zero willingness. I mean... jeez... I was quoted a 911 Turbo for $2500 a month in 2017. A lot has changed since, but that was a $165k car or so I recall. (No. I did not get the turbo. I got a base 911 but I was curious so my sales guy looked it up for me).

So my question is: Am I wrong thinking that both of these offers are total nonsense? If I plug this car into a calculator with zero discount, zero down, standard MF, I would be getting a lease rate of $2200 for 12/36 taxes and fees in. Which is very close to what mbusa.com estimates as well if I adjust it for fees and tax.

Please share your thoughts! I am especially interested in the MF you got on your E63S especially if it was recent. TY!

places

Offer 2 seems reasonable.

Can't speak to the MF but I can tell you that AMG leases are historically bad. Purchase might be the better alternative.

ENCT

I have a $141,000 build and am looking for a discount. When I run my numbers with 9% tax I come up with $2324.00 per month for 36 month and 12K. That is with $2817.00 due on delivery.
Will I get this? I did ask my SA for a sample lease based on todays rates, he will hopefully get this to me next week. If it works out as above I am fine with it. Your #2 doesn't look to bad.

Huncowboy

I really don't want to finance this car. This will not be a garage princess this time. It will be driven a lot. I will be around 50k by 36 months. Most of these used have 6-10k a year. I would not be better off, not to mention the business deduction part, and the hassle of trying to sell it private.

I guess I am the wrong guy to ask, but $2324 for that 141k build with zero down looks better than my build which is 15k less with only (lol only) 7% sales tax. Though my second offer is 15k a year vs 12k for you, still it is only a measly $70 from your number. I have no idea if you will get that or not.

ENCT

I'm guessing I will not get that, but if it is much more I may have to take a second look and possibly just keep my 2021 Audi S6. I can't justify spending too much more than that for a daily driver. I just want a fair deal, not looking to rob anyone.

places

If going through the business then yes, lease makes sense. Especially with that level mileage. Offer 2 still seems reasonable to me.

Huncowboy

Finally, I was able to order the vehicle yesterday. This was a very long car shopping deal, starting with the fact that originally I wanted an S580. The first E63S build is above. Magno gray, dark outside, carbon inside. But I wanted to keep the lease under $2000 and that was not possible with the special colors and trim. So I've started to look at a black build. I really did not like the all black E63S cars that I was able to see on YouTube. Chrome never crossed my mind until I saw this walk around video:


I think it is gorgeous. (Yes, the plain black will be a pain to maintain.) It is not the obvious AMG build that is in fashion now a days with the Magno colors and carbon, but I personally love the elegance of it. It is also close to the original concept that the M5 started (I believe). A barely indistinguishable sport sedan. Besides, I already have a marina bay blue M5 competition with black wheels.

So I went with the exact colors and trims on the video and these options:

Features & Options:

• Exterior Lighting Package
• Driver Assistance Package
• AMG Head-Up Display
• Soft-close doors
• MBUX Augmented Video for Navigation
• Panorama roof
• AMG Performance steering wheel in Nappa leather
• Adaptive Highbeam Assist
• Rear-seat side-impact air bags

(I just e-mailed them to add the sun protection and the USB C ports but those are not in the quote below.)

I had two brokers working on this, and I was talking to a few dealerships myself. In the end, the best offer came from a local dealership that I have contacted. This was my target dealership anyways since they are big here. I can service the car at several locations.

Not a great deal but considering what is out there, it is ok:

MSRP $115,550
$2,000 Cap reduction
12,000 / 36 Months
$1,927 a month with 7% tax included.

The agreement was basically that we go with whatever current MF plus 0.0005 and 5k off MSRP. With standard MF it is basically a 2k off MSRP deal. This is just a different way to twist it. If not for COVID, I think a standard MF with and 5-7k off would have been easy to get. Car should be built early April and arrive here early May.

places

Congratulations! Not a bad deal at all. Looks like you got all the right options, you will love this beast. Personally I'm not a fan of the mango paints, look like primer coats.

Huncowboy

Thanks! I do like the mango still, but with that you must get the black wheel, the night package, the carbon interior, and probably even the level 1+2 carbon exterior. All that together is well over 10k. This time around it was not worth it to me.

js_cls

Congrats and nice spec. I always prefer chrome on Benz's, just a very classy look for a classy car. I think black trims suit BMW more so since they always aimed for the sportier styling.

utsteve98

An alternative option, but Navy Federal is offering 2.29% APR for 72 months and 2.19% APR for 60 months. Financing a $127K car (not including any tax, title, license) comes to about $1890 for 72 months and $2237 for 60 months. Not sure how long you will have the car, but you may be a little upside for the 72 months if you trade in 3 years. You will likely break even or have a little equity after 3 years with the 60 months.

v8plus4

Nice! I ordered my 2019 the same way. I thought the night pkg was too much black. Mine is Obsidian/Machiatto:

raudiace4

I've never leased a car, but holy **** paying that much a month for a car you'll end up not owning in the end is crazy. Might want to check out the F90 M5 leases BMW always seems to do much much better on leases in this price range (like $300-$400 less on comparable cars).

Huncowboy

v8plus4,
Thanks for posting that. I like that look a lot. Mine will not be carbon inside, but that carbon does look great. Hmmm now I am scratching my head. Is yours metallic or plain black? Hard to tell from here. EDIT: I see you wrote obsidian.

raudiace4,
I already have an M5 Comp 2019. Financed it. I should have just leased that too through my business. I am not trying to get into the own vs lease debate, but with a model that will be going out in 3 years like this E63S, that will have probably 50k miles when I am done with it, that I cannot deduct easily, I am not better off. Especially if I trade it in. Selling it private is a hassle. I won't deal with it. Now if this would be a 911 GT3 or other 911 GT, that I would drive <500 miles a month... definitely. But the M and AMG cars don't hold value well especially with the miles racked up.

places

Most leases are run through the business, so fully deductible (assuming 100% biz use). If personal, yes AMG is often best purchased as lease programs not too friendly.

danlovescars

Beautiful. Almost has me going for another black car. But 10 years in black Tahoes and a black Aston has me tired of all the detailing. Detail on Saturday, dirty by Saturday afternoon LOL. Still nothing beats shiny black.

Audiodog

Anyone looking to lease an E63 should do the 10 multiple security deposits (MSDs). This saves $300 or more a month. You get back the deposit. I know it seems like a lot to deposit, but with zero interest rates, this is an excellent use of capital. I can’t believe that anyone looking to get into a six figure super car can’t come up with $20k or so as the deposit. My payments dropped 300 or so. Works out for me to be about a 14% AAA guaranteed and tax free return on my money.

pghc63

Yes AMG always have bad leases , there RV is low and the MF is high unless you catch them at the end of a model year
my 212 E63 s WAS 112 K msrp and lease 12k/36 month was 1100 a month including taxes which is 10 % , but that was just before they switched to 213
M5 lease much better
when I was looking to replace the E63S , I looked at M5C and 213 E63S .. for similar builds around 122 k MSRP and similar lease terms the M5C was 1600 and E63 S was 2200 ,...
now i am replacing the M5C with a 911 C4S sticker 148 k and similar lease terms for 2200 a month which is ok

Huncowboy

Only 2200 for the 911 4s? That sounds actually awesome for a 148k car. Can you share the details on that deal? I miss my 911. But it is not a great commuter and with the little kids it is a no go for me. (: At least at the moment.

ENCT

911 C4S sticker 148 k and similar lease terms for 2200 a month which is ok

I leased a 2018 C4S with a $148,000 msrp and it was $2600 a month. Porsche leases are much better now. After the C4S I had a 2019 TurboS for a little while. Great cars for sure, I sometimes think of going back but it really didn't work for me. I am on the list for a 2022 GT3 Touring. I will see where things are when that comes around, if it does at all. My SA is supposed to get back to me this week with a lease estimate for February even though I will probably be into April when the car is delivered. If it's crazy high I may just keep my S6 for the time being.

pghc63

don't have all the info in hand and the car is not at the dealer yet , but GSM ran numbers this past weekend and this was the number with only first payment down . I don't put any money down on a lease
interesting that we all rotate around the same cars
I had an S6 before, loved it but kept only for 6 months , felt need more power
also had several GT , but never had a 911 as a DD , so i said let me try it and see

Zaky

compare at https://www.mbusa.com/en/car-payment-estimator
2021 AMG E 63 S Wagon$112,45036 months
Annual Mileage
More Info
12000 miles
Down PaymentDown Payment
More Info
Estimated Net Trade-In AmountEstimated Net Trade-In Amount
More Info
View Black Book Value
$101,205 Adjusted Capitalized Cost
Adjusted Capitalized Cost More Info
$13,858 Amount Due at Signing
$1,518/Month Lease Estimat

ENCT

I agree on the S6 power. I had a RS6 deposit but bailed on it due to the weight and exhaust note. You know my SA (Bob H) hopefully he goes easy on me. We picked up my wife's GLE580 three weeks ago, I'm becoming a pro at the Philly to Pittsburgh drive. I suppose you are under the MRM on the 911, three years ago I was over which was part of the higher payment. (CCB's) I am going to do my best to keep the E63S for the full lease term. ( I have said that for the last 16 years, haha)

ENCT

I don't put any capital cost reduction on leases, you loose that if the car is totaled or stolen. I believe the Mercedes lease estimator automatically figures 10% down. I use Edmonds to get the current residuals and MF's and the Leasehackr calculator to figure the payment. Most dealers pad the MF, at least you will have some info to see how much they are raising it.

pghc63

now I remember , I sent you BOB'S way
I drove the RS7 , and it is essentially the same drive train like RS6 , I was not overly impressed . It is Very good car , but both M5C and E63S are better cars and cheaper