EQS 450+ 4Matic Sedan

Ask the Hackrs
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1

Hello! first time posting! So please excuse me if I am asking stupid questions. I am going to try to find more details tomorrow.

I am interested in a 36/10 lease 2024 EQS 450 4Matic
Tax rate is 6.625%
Tags Fee: $989.50
Doc Fee?= $999.00
Disposition Fee = $595
Should be eligible for MB Lease Cash: $7,500
Total MSRP with Dest: $111,195

They are offering $19,000 down + $525 a month.

That is including all fees and taxes except for disposition.
I do have AMEX and Costco (not sure if it hurts mentioning those to the dealer)

Now I am not sure if this is a good deal or not, they didn’t even tell me the selling price either.
All I know is the end buyout would be $59,000.

Unfortunately I didn’t see this forum till after.

Any advice would be great!

Thank you!

2

You ideally want nothing or minimal down, $19k is crazy.

1 Like
3

So quick question, as far as I can understand, you want a lower down since you are losing out on opportunity cost? (the only reason I picked the 19k was because I have a 2022 i4 I wanna trade in and I estimate to have about 19k equity in it).

In terms of overall numbers $37,900 is that way too much for the 36/10?

And sorry for not clarifying, its the Sedan, not the SUV, not sure if it makes any difference.

4

So, have you or haven’t you signed it yet? If not, take that noose off your neck as fast as you humanly can and contact a broker or two.

5

Lol thanks the more I read the more I feel like a fool! Haha

6

So you did or didn’t sign this?

7

No I didn’t sign, sorry didn’t clarify. Nothing signed yet.

3 Likes
8

Then run like hell. With 19k down that puts you over $1,000/mo effective for a car most of this forum is driving for less than $500

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9

Man! how do you get such a deal?

So I would imagine over a 3 year period I should be paying total of $18,000 or so?

So one thing I noticed is that a lot of the deals are for loaners. That under $500 is for brand new?

Thank you!

10

Who cares if it’s a loaner? It’s a lease that you would never buy at the end.

11

True… that does make sense, always just worried I’ll get something with a lot of issues that will give me a headache even if I dont have to pay for it directly.

12

Regardless of what new car you end up with, you can still trade in your current car, just tell the dealer to use $2k of the equity (or whatever) to cover the DAS and to cut you a check back for the other $17k.

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13

You sure you want to move up to a boat like the EQS after an i4? Perhaps an i5 if you need more space?

14

hahaha, so I really hate the look of the i5. I find the i4 a bit small in the end since I am usually hauling 2 kids around in it. As long as the EQS drivers as good as the latest Avalons, I am good with it.

15

First of all i think 24 months lease looks better with proper discount. Look at marketplace. Sedans are still available but you need to be flexible.
Do not waste your time with MB dealers. Not worth it.
Use broker.