'23 new AMG EQS, Grapevine dealer.
I never lease before (always buy), but due to concern to GAP insurance, we decided to just lease this.
Now I feel so dumb of paying this much for a lease:
Am I being scammed? I thought I read everything, but I didn’t understand about the ‘Rent Charge’?
No way out of it. Just ride it out and next time, ask before you sign. In general, when you’re about to get a car, just think about whether it’s actually worth what they put in front of you. It may be a great deal for a specific car, but doesn’t mean it’s actually worth it.
Thanks,
First, I thought that it’s worth it, especially since I’m planning to keep it for at least 8 years (buy out at the end). But then I see the price is plummeting like crazy.
Perhaps should’ve waited for pre-owned.
If I swap with another lease (unlikely another MB, I’m done with the brand), will I need to carry the negative equity and/or the penalty?
Thanks,
My question: is that ‘Rent Charge’ actually something that didn’t need to be put in there? (Basically, pure profit for the dealer and/or the salesperson).
I’m still trying to figure out what went wrong with those figures.
If I’m trying to get out of this lease, do I need to pay for penalty and/or negative equity on this plummeting AMG?
This is the closest I’m going to get for now… the taxes are a real buzzkill. But this was a full MSRP deal and then only the EV incentive coming in as customer cash.
@delta737h can probably make the resid and MF more precise to peg exactly to the monthly payment heh.
Edit: sorry I had to update the resid and MF since I was mistakenly using this month’s resid instead of 12 month ago’s resid. The MF was likely marked up.