2019 Mercedes C43 AMG Lease Deal?

Ask the Hackrs
,
21

Sorry, I meant base MF. And ask the dealer for pricing before you mention the MSDs. Ask them for base MF first and then mention the MSDs.

22

Got it thank you all.

23

I fear this sort of scenario is going to become a lot more common moving forward as interest in cars in general wanes. thus leading manufacturers to stop caring about supporting car leases etc.

as a casual observer over the past few years, I still remember some amazing deals from around 2015 that are now harder & harder to come by. my only regret is jumping into the game only last year when I finally pulled the trigger. figured the good times would last a while longer so I’m late to the party. alas we might’ve entered a new reality & paradigm shift. but what do I know

24

Well, there are other macro issues, as well, such as rising interest rates and coupes (presumably) being particularly hard hit by the crossover craze…

25

Pretty sure, based on some of the posts here on LH, that you can get into a Cayman for significantly less. Not sure if that is a car you would consider, but from strictly a driving dynamics perspective, it’s a far superior car with a bit more prestige IMO.

26

sure but interest rates are a relatively minor part. me personally got an amazing buy rate of 0.6% cause some manufacturers financial arms dont care/arent greedy. otoh the lease incentives themselves have been going way down along with RVs taking a huge hit too. atleast for certain brands where commonly advertised offers from a few years ago, now take some work to negotiate even at volume dealers.

27

@dukez So I was able to push the dealer to negotiate the selling price to $59120 that’s almost 11% off MRPS. Is that a good price for C43 AMG coupe 2019 ??

28

I still wouldn’t buy it. Here’s why:

  1. Your total lease cost for 36 months with the original deal was $38,242, comprised of:
  • 36 payments of $912 = $32,832
  • Due at signing = $5,410
  1. With the additional 5% discount, your total lease cost is still $36k.

With a residual value of $35,414, that means the car is depreciating $31k over the 3 year lease term. Yet – you’re paying $36k over the lease term.

Therefore, you’re paying the full amount of depreciation, PLUS $5,000.

See why this doesn’t make sense from a buyer’s perspective? You’re paying a greater sum than the actual vehicle’s depreciation, which makes absolutely zero sense. And this doesn’t even account for dues at turn-in.

3 Likes
29

I’m not understanding…with every lease you pay depreciation + interest + taxes and fees.

30

Yeah but how often do your lease payments exceed the amount of depreciation by $5k? If you’re eating the full amount of depreciation and then some, that’s a terrible lease… There’s a much greater argument to buy in 100% of those cases, IMO.

31

Payments exceed depreciation by 16%…that’s pretty normal when taxes/dmv themselves are 7-8%

But more broadly, lease payments will always exceed depreciation due to interest and taxes. That’s just by definition.

Maybe this is a bad deal for other reasons. Not because payments exceed depreciation, unless I’m misunderstanding what you’re saying.

32

It’s certainly a bad deal for other reasons, but RE lease payments exceeding depreciation – I guess that’s never been my experience. It’s never been mentioned as a qualifier for what constitutes a good deal, but it may as well be. In my mind, the point in lease hacking is to share the cost of depreciation with the manufacturer/dealership.

The way my lease deals have always been structured is that I’m only eating a percentage of that depreciation. In fact, less than half – I’m only eating 1/3 of the total depreciation on my Genesis and less than half the depreciation on my F-Type. To me, it doesn’t make sense any other way than to share that depreciation. Otherwise, it makes more sense to just buy the vehicle outright.

1 Like
33

@Mit_patel - Do you really want a coupe ? Coupe have terrible residual values and MFs.
C43 sedan have much better RVs compared to coupes and you will get better rates on them. Also, check how much the insurance costs you for a coupe vs sedan. Factor that in too.

34

Google “Coupe vs sedan insurance myth”

35

They have listed it on MB website today for 599 month 36 mos term

36

if they still have a base car