Hello all,
I am looking to lease 2023 Mercedes EQB 300 or EQE 350 in Seattle Area. There are couple of loaners available.
What is the residual value, money factor and incentives (dealer cash, amex, etc) available for loaners? (10k/36 months or 7.5K/36 months)
What is average %off of MSRP should i expect?
Can Dealer cash and amex incentive be combined?
For RV and MF values, you can look it up or request at the Edmunds forums.
I’ve seen loaners go as high as 25% off. Depends on the model, time of the year, how many of the same model they have for sale in their pre-owned, etc.
Check the marketplace to get a sense of what is common.
Have you looked in the marketplace here? Brokers are offering these for a fraction of the price. You are hundreds per month more than others are paying. Some earlier deals shared here were hundreds less on a 2024 or half or less of this payment on a 2023. A reasonable discount before incentives should be 3-4x this.
If you can find a loaner you may also have more room.
You’re so far away from a decent deal, it’s in your best interests to reach out to a broker here. Save the headache. Over the next 3 years, looks like they’d be able to save you $15-$18k
Assume PNW in your name stands for Pacific Northwest. If so, here, his deals will save you $10k-$12k.
You can do better, but you gotta work and do HW. Or the easy route and reach out to this PNW broker.