Hi Hackrs!
Hope everyone is doing well!
I live in Northern New Jersey and was looking to upgrade my 2019 Mercedes Benz C300 coupe to a 2021 (or '22) GLC/GLE coupe because I just had a son and need an SUV now. I’m leasing the '19 C300 coupe for 36 months with 10k miles per year, but the lease is up in November.
I keep receiving calls from the dealership I leased from looking to purchase the car. They’re telling me the pre-owned market is crazy for my “specialty” car and they can put me in a new car now “free and clear.” That’s a 6 month pull-ahead since my last payment is due in October! The car itself only has 10,361 miles on it which is just under 20k miles less than what I’m allotted. It’s white, has red leather interior, the night package and black rims. It’s a beautiful car, but not meeting my needs now that I have a son and need more room.
So I usually reach out to this one sales manager at one of Mercedes Benz dealers here in NNJ who is able to work up decent deals for me, however this time he more or less was discouraging me not to buy from Mercedes at this time due the the programs and availability driving the price point past anything I find palatable
He told me there is a waiting list for the GLC 300 & GLE 350s until November/December. Also, the The GLC300 Coupe leases in the $800/$900 range and the GLC43 AMG Coupe is around $1200. I honestly can’t believe these prices since my current lease is $565 per month.
One thing that I have going for me is my coupe is worth more than the payoff. The payoff is $34,079.93 and its worth approx. $39,000.00 so if I use the car as a trade-in essentially I have an extra ~$5000 to put down.
Having said all that, here I am putting it out there to Hackrs to see what the deal is and if there is any hope for me. I not only wanted to upgrade to an SUV, but was looking for something with a bigger engine. I really wanted to be done with 4 cylinder turbo and move on to something with a little more power.
I have 6 months time to play with so I’m open to any suggestions. I would love to lease GLC 300 C43 Coupe for 36 months with 10k miles per year and only pay taxes and fees up front. I also like the Range Rover Velar, but the dealership won’t even get back to me.
So what are my options ? Out of state? What’s a realistic lease payment?
I would appreciate any and all recommendations here.
Thanks in advance!!