So you’re driving an underwater Malibu that you are negative 18k on due to rolling negative equity once before, and want to roll that negative into a Mercedes now, presumably for the badge and prestige? Makes Complete financial sense.
Will you decide next year that you want a Rolls Royce instead and wonder how you can roll 29k in negative equity next?
Nobody should be rolling any negative equity on any leases. I guess everyone gave you some good advise here. I wouldn’t go for an expensive car to dig a bigger hole.
TBH, I think out of the 99 people that tell them it’s a bad decision, they are all looking for the 1 person that will justify it to make them believe it’s ok.
Same thing happens almost every time. It’s so predictable.
Typically incoherent first post with very little info provided, then in the follow ups no questions are answered and no hard numbers are given. So thread goes sideways as we all speculate. No magical answer/solution is provided because none exists, so OP never comes back and deems us all mean.
OP then opts to visit a dealer to go bury that sweet sweet negative equity. Eventually a dealer will be found that hides it with a smile and convinces OP that it’s a GREAT DEAL and everyone is happy. No numbers discussed or thought about besides monthly payment. Salesman gets a payment.
My guess is that this story ends in a 96mo finance loan or a 60mo lease.