Deal check on EQB 300

Hello, I would like some thoughts and advice on this deal:

2025 Mercedes EQB 300 4matic

  • 36/15 lease
  • MSRP $64,915
  • Selling Price $49,517
  • Residual $27,264
  • MF 0.00152
  • Tax 8.25%
  • DMV Fees $675
  • Shipping $600 (from NorCal to me in SoCal)
  • Drive Off $4,000 (includes 1st month payment and all fees)
  • Pay/Month $777 (includes monthly tax $59.24)

Absolutely horrible deal - you could get a BMW iX (objectively way nicer car) for cheaper

I thought the EQB was on stop-sale?

It’s been discontinued. The dealer told me they’re moving soon to finance only and no more leases on remaining models

Ok, can you share more as to what specifically makes it a bad deal? The discount is very high, but the MF is also very high.

Sure if you look at it in a vacuum of EQB deals maybe it’s good (I’m not saying it is or is not because I don’t follow the EQB market). I’m saying it’s a bad deal because there are way nicer cars out there that can be had for way cheaper.

But if you’re set on an EQB for some reason by all means go for it.

Ratefindr indicates that there’s a $10K incentive, so the discount isn’t nearly as impressive as it seems.

The MF you’ve provided appears to be buy rate.

There high mileage limit also drops RV by a lot (broker deals are/were posted for 7500 mi/yr).

For the same reasons as @carrot56, I personally wouldn’t spend that kind of money on an EQB, but there aren’t a lot of current broker deals for this. I think past broker deals were more freq for EQB250 loaners, so it’s hard to compare. 2025 is the last MY for this car, so perhaps Mercedes has done a good job of managing inventory.

This is weak. I’d recommend pushing back at 600 tax included with that drive off. With the current state of the program I’d consider that aggressive.

What was your target deal you put together before talking to dealers?

$650/mo tax included with $3k drive off

God damn, I paid $750 down, $4000 MSD, and $311/mo for 30mo/7.5k exactly 1 year ago, at almost $1000/mo, you might as well go get a porsche

How did you come to that number? It’s awfully round.

If that is a well-researched target for your personal situation, why would you entertain paying an extra $6000?