Hello All,
I’m interested in Mercedes EVs and here are the deals I found:
2024 EQE SUV
Lease Term: 36 month/10k miles
Total cost of 3 year lease: $24,800
2023 CPO EQE SUV
less than 20k miles with options/packages similar to 2024 lease
price: $48,000 (on road, including taxes and fees, without extended warranty)
Financing: 2.99% APR
Wouldn’t it make sense to buy a 2023 CPO, enjoy it for 6 years and sell it for $10k ~ $15k.
Am I missing something with these current lease deals?
For the unit you will buy You are misisng cost of 2 new sets of tires and new brakes which will be total around $5k roughly.
Talking from experience. My previous EQS had almost zero pad thickness with 24k miles on ODO. Crazy.
In Maryland, those CPO might make sense just because your leases are so much higher due to tax.
YMMV but if OP has the same wear then they’ll pay for tires and brakes on a 36/10k lease too, right?
I’ve been scratching my head all night, and I’m posting her to get a better understanding of the rationale for leasing.
Even, if I assume that the price of 2023 CPO EQE is $0 after 6 years, then the 6 year cost is about the same.
Lease: $49,600 vs buy $51,720 ($48,000+financing cost at 2.99%). Plus I will not have to worry about
Am I missing something?
As with regards to tires and brakes, what if I agree to pay $2000 premium (bringing my buying prices to $50,000) for a car that has less than 10k miles on ODO.
You’re assuming there will be nothing wrong with the EQE. Is something breaks while it’s out of service, it may be expensive to fix.
True, and as pointed out by another person in a different forum, I need to add the cost of extended warranty if I plan to keep the vehicle for 6 years; to be true to comparing apples to apples.
Keep in mind the federally mandated 8 year/100k mile warranty on EV bits. Doesn’t mean you couldn’t have suspension problems, etc. but if a HV battery replacement is required you would be covered.
I’m not worried about the battery, it’s rest of the electronics and features.
EQE and EQS is 10 years/155k miles.
Doesn’t it make more sense to due a 24 month lease and not have to worry about tires/brakes? Or is it only the EQS that has the good 24 month programs
I would never finance/purchase something like CPO EQE. Lease only or I’m not signing
Thats all I got 
Not in a state charging 6% tax on the selling price.
I feel like this is an apples vs orange comparison
2023 CPO = already took a massive depreciation
2024 New waiting to took a massive depreciation
Clearly buying CPO and holding for 6 years is a better financial decision but doesn’t seem to be the crowd here