What are your thoughts on this loaner?
Location: IL (register to FL)
Model: EQE 500 SUV X4
Mileage: 5,311
MY: 2023
MSRP: 105,235
Sales Price: 76,490
Fees: 1,793.26
Tax: 1,872
Drive off: 1,797
Residual is said to be about 50%
Did not get MF
Lease
24months @ 7500 mi; 0 down = $1099/mo
36months @ 7500 mi; 0 down = $954/mo
You should fill out a calculator using the proper rv/mf so you have something to compare to and know what the actual deal is. At first glance, for $950/mo with $1800 due at signing, this feels a bit higher than the 18-19% discount would suggest it should be.
This doesn’t look attractive for a new EQE, let alone a loaner. Much better deals are out there. They must be marking up the MF the max allowed.
Pass on that, You can look for $80-$85k eqe MSRP, you can get $500-700 per month.
Thanks for your help! I passed on it. With EVs not selling very well I feel 2024 will have better incentives. I’ll hold out to see what happens.
Happy new year!
Does anyone know when 2024s are expected to hit dealerships? Then we should see more aggressive deals on 2023s.
2024 EQEs are already on dealer lots.
Sorry I meant 2024 non-AMG SUVs.