2020 S63 AMG Lease - Good price?

All,

Appreciate some feedback here as i’m having trouble finding many data points on this particular car.

Looking at an S63 AMG for my pops. Income and credit are a non-factor. Below is the breakdown:

MSRP: $181,455
Discount: $13,455
+Tax/Fees: $11,856

Total Price: $180,984

Term: 39mo/15k miles
Down: $10,500
Monthly: $3,040

This is the offer they put on paper. As we were leaving, they came down about another $7k off list price, but did not put it on paper. Figure that puts me somewhere in the $2,800 range based on $30 per $1000 off list.

Looking to move on this prior to the new year so any input is appreciated!

Why in God’s name would you put $10k down? This is terrible. You’ll want to got to an NJ dealer so you can use MSD

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Even though this is the case:

This deal, put another way is:

$10.5k DAS
$3.04k * 39 = $118.5k
~$129k in 3 years for a $181k car?

For sure buy this, if this is the car you need.

:bat:

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This is an NJ deal. I assumed the geo-tags were NY metro. Cash is not an issue. MSD can be used if necessary. Haven’t gotten what the return would be from dealership. Trying to get them to bottom dollar before discussion MSD.

Buyer can afford the car going away, so not necessarily as concerned about saving a buck as we are about understanding the quality of the deal. How low they can go on these cars etc.

Yea this is a car you’re better off buying.

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Aren’t those the same?

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We did discuss buying, but doesn’t work for a couple of reasons. Buyer is self employed and will be running this vehicle through his business. Leasing is the recommendation of his CFO/Accountant.

There are currently four lease offers (for new vehicles) on SAL between $1,900 and $2,400 a month.

I didn’t paw through them to see if they require $125,000 down or if they’re for 144 months, but I did copy the link and pasted it below.

https://www.swapalease.com/lease/Mercedes-Benz/S-Class/search.aspx?style=AMG_S63

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Thank you this is helpful.

Given the price delta here between leasing and buying, either the CFO made a generic statement about leasing… or he needs a new CFO.

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It has something to do with the way they write things off.

Yes, on a lease you can write off the lease payment vs either writing off the depreciation/costs or doing a per mileage deduction, however, a dollar saved is worth a lot more than a dollar written off.

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His CFO is an animal.

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The CFO is a rich animal. If his budget is 4k a month (around $130 a day), he might as well rent livery services every day - comes with driver + gas included…

Guess the point is, it’s not really about the cost. We are gonna get the car. Just want to be educated on what others have paid for these cars, if possible.

Then why didn’t you just sign the first deal, if it’s not about cost?

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While I appreciate everyones concern and opinions on his finances and the CFO’s intelligence etc, I really am just trying to get a feel for what other have seen cars in this price range go for.

Just because you have money means you should overpay for things? Buyer wants to lease the car for a number of reasons. Some are financial, some are not.

Would like to keep conversation to the merits of this lease offer as it compares to other leases of similar cars.

Thanks!

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Your words, not mine.

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You’re saying you don’t want to overpay and at the same time saying you can pay whatever. Multiple people said, and I agree: if S63 is the vehicle of choice, it’s financially better to buy vs. lease. If he doesn’t care about money spend - go accept the offer and move on.

Regarding the deal itself: Don’t put any down. Do 10 MSDs to save some money. Discount is pretty weak on 180k MSRP unit, even at their last offer @ 20k off.

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