2024 Benz EQS450 - Lease pull ahead and getting new one

Ask the Hackrs
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1

Seen members post aggressive deals on EQS450 4matic so decided to give it a shot with 5 months remaining on my current EQS450 lease
Calc link: CALCULATOR | LEASEHACKR
MSRP - $125k and new (not a loaner)
Selling price - $96,900 (22% off Msrp)
Rebates applied - Amex ($14k), Loyalty ($5k) and $7500 for EV rebate (Dealer cash is $13500 so dealer is saying I cannot double dip on that with Amex and I’ll only get $500 credit difference with Amex)
Residual - 57%
Lease term - 24/10
Money factor - 0.00249 (Base is 0.00209 so dealer is marking it up 40 basis points)
Last 5 payments waived for my current lease

Doing $2k down for tags, title and tax. Max MSDs for $8500. Dealer is quoting $845/month which is more than my current payment of $711/month. Is this reasonable with 22% off Msrp still payment seems high.

The dealer cash and Amex not stacking doesn’t make sense to me though

2

Fleet replaced dealer cash. So amex gets you fleet rather than the dealer cash.

Does the monthly theyre quoting you match with those inputs when you put together a calculator?

3

I’m getting close to $700 per the calculator even with the 0.00249 which is marked up. $7500 + $500 Amex is nontaxed and $5000 loyalty is taxed I assume?

Edit: I just confirmed and residual is 57% and I had it at 59%. So the payment is close to $800

Here is the link if that helps:

4

How are you getting the $5000 loyalty with 5 months remaining. Does your current lease expire prior to 3.31.25?

5

04/14/25 is the lease maturity date

Probably because I’m currently leasing from MBFS

6

Your lease has to mature between 10/1/24 and 3/31/25 to qualify for loyalty

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7

So off by 14 days? Is there any way around it?

8

Not that I know of unfortunately… I was off by 10 days myself.

9

Great, So the whole deal is gonna fall apart because of a technicality. Thanks for sharing though

10

I wouldn’t call it a technicality. The loyalty requirements are pretty clear. Did you confirm with MBFS whether you qualified?

2 Likes
11

I’ll call MBFS on Monday to double check

12

My MBFS lease is up 5/11/25 so I’m hosed too.

13

Your calculator is incorrect. You’re not getting 22% off before incentives, your rebates are off and you’re missing fees/taxes.

14

Wait. The previous loyalty window covered a period of 3 months ending like 11/30 or 12/31 and the current window is what it is. The next window will likely cover your expiration date.

1 Like
15

Do you know how often does that window get refreshed?

16

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