2017 Q50 Red Sport 400 AWD - Lease evaluation

Ask the Hackrs
1

Here is where I’m at currently on a 2017 Q50 RS400 AWD with Premimum Plus.

MSRP: [$55,395]
Selling Price: [$46,500]
Rebates: [$0]
Trade-in: [$0]

Months: [39]
Annual Mileage: [12,000]

MF: [0.00003]
Residual: [52%]

Security Deposit: [$0]
Due at signing:1st month and DMV(transfer): [$650]
Monthly Payment (incl. tax): [$477]
Sales Tax Rate: [8.625%]

When I put the above in the LH calculator, I get a monthly of $474

Current dilemma: I’m in an MB right now with 3 payments left with a total of $1650 + dispo fee($595). The 2018s RS400s are starting to roll into lots here in the NE where most dealers have 1 in transit. There are no rebates helping me this month and I don’t have a crystal ball as to what the next few months will offer, if any. Dealers near me have 2 or 3 2017s per dealership…am I being foolish to not move on this or should I wait for the 2018s to really roll on to lots? I don’t need to get out of my MB this second, but I’d hate for the deal to get worse and me miss out …or worse, not being to locate a car.

What would you do? Any input is appreciated!

2

This is just me…

Do you believe there is any positive equity on MB you’re leasing now? Your monthly comes out $550, so I am guessing there might be some positive left. If there is, then you should try Carmax to see if they are willing to buy your current MB.

If not, then I wouldn’t sign the Q50 RS. This is just too much of hassle to return MB and get a new car. I thought C63 AMG can be leased around $600-ish?

3

No way you can get a C63 in the $600s. Maybe possible on the C43.

4

Ahhh, I guess the good lease days were over. When I leased a 2011 M3, C63 AMG was about the same range with MSDs.