Dang, you’re almost paying for the entire car in a 36 month lease?
36 months x $2,650 = $95,400 + $15,000 DAS = $110,400 total payments for a a car that retails $157,555. And that’s not even including tax. How is this not illegal?
Lets use your math, if you paid $110k for the lease and residual is $75k. After 3 years the car is worth between 130-140k. Take the low end of 130k and residual of 75k. You have 55k (equity)equality, take the 110k minus 55k (equity) equality. That leaves $55k divided by 3 years, thats about $1530 a month plus tax on a $157k gwagen. Seems more then legal
I agree, we all learn more by discussion. The gwagen is in a different market then many other vehicles. I have been buying and leasing gwagens since 2010, residual has always been lower then market value when it comes to term. There’s also the tax benefit (section 179) for 90% of people who buy/lease the gwagen that isn’t mentioned. Only reason I replied to this thread because of the car, lots of people never consider my way of looking at it and think they can never afford it.
I don’t have any comments on the horrific discourse of this thread, much of which has been wisely deleted, but want to mention that the adm market on G Wagens has shifted since the original post!
I asked my girl if she wanted this, "She said naw i like my Jeep Grand Cherokee my uncle had a Gwagon and it sucked cause it wasnt comfy " She killed my dreams…