2021 GLB250 - CA/ LA area
Here is a picture of the deal.
I currently am leasing a lexus is300 with 5 payments left which the dealership is taking care of. Also, chose a 48 month lease with a lower residual value of 53% versus 60% for a 36 month lease in order to lower the monthly payments below $500. Initially, the 36 month lease was a monthly payment of $550.
Let me know what you guys think and if I should sign this deal!
The dealership isn’t taking care of them… they’re just rolling them into your new lease. This is absolutely atrocious. Wait until your IS lease is over
This deal is a deal I’m helping my mom with so when I met her at the dealership this is the deal he gave us. He kept insisting that the dealership was taking care of the remaining payments. Is it the middle column that’s reflecting that he’s rolling the payments into the new lease?
The dealership will pay for the remaining payment of the lease but what that mean is it is getting rolled into the monthly payments. because without it your monthly payment will be less. Overall, I can save a tad bit a money if you want to come down to OC.
He is buying out the lease and rolling the equity into this deal. It is in your best interest to determine what the trade is actually worth to see what the trade is actually worth.
Would you agree to sell any other used vehicle to a dealer without them even telling you what they’re paying you for it?
That seems like a lot for a GLB. Have you checked if any rebates are available
Otherwise you’re throwing money away
If you still have miles left on the IS lease, keep driving the IS. It becomes a bit more pros vs cons if you’re at the mileage limit. Either way, this looks like a lot of money to drive a GLB
In my case, keeping my old car and paying extra mile overages for a few months would have saved me like $300 over just paying the lease up and turning it in, so I just turned in my old car early…
terrible deal in so many ways. Talk to @Calvin.MB
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