MSRP 76,755
Sales Price 65,000 including 1K lease rebate
36/10
RV 57%
MF .00076 after 10 MSDs
DAS ~4,200 tax and registration (we pay 6% tax on the entire car’s value) + $2,000 shipping both ways +first month + 10 MSDs
They also pay 6 mos of the lease remaining payments on my ES350 which is 2,490.
$745/mos
So all in it’s ~$900+ p/m effectively (including delivery), plus the MSDs, plus the $2500 getting swallowed by the early lease termination. That’s a lot of money and work to go from an E350 to an ex-demo E43. For me it’s a lot of money for a slight jump up in vehicles, and for that price point you have a lot of competing vehicles. It looks like you tried to piece together a strong deal even though the E43 doesn’t lease well and the deficit on your current lease.
Are you tired of the E350 and want out early, as that’s sapping cash from the deal so if you can wait 5-6 months that’s cash you’ll benefit from. Problem is who knows what will be leasing well at that point.
All good points, thank you. I counter offered free delivery. E43 felt to me like a pretty big step up from 2016 E350 in sportiness, power, cabin refinement. In August 2018 E43s won’t be leasable and I’m not I will like E300. Probably I will be able to get a 5 series but I’m not sure I want it
I actually did swap it and then canceled last minute. I thought I would be getting Giulia TI Sport but after a long test drive I felt uncomfortable in the sports seats. I wasn’t comfortable in regular and Lusso seats either
What’s the payoff vs current value on your E350? That’s eating $3.5k out of the deal (inc delivery) at the moment. Once I see ~$900 p/m in payments my mind starts thinking about M3’s, Quadrifoglios, etc but obviously they’re slightly smaller, slightly less luxurious so might not be what you’re after. But you’re still in the same predicament if you go for those other vehicles while you still have the E350.
The payout is 38,500. I felt E43 had a very good.balance of performance and luxury. However I’m having second thoughts about a 900/month lease in general since I’m not driving much now and also retiring in 1.5 years. We are planning to travel quite a bit in retirement and I’m afraid paying 900 for a car and not using it much will bother me. I might be just better off buying something like GTI and keeping it
Is the $2490 payments on the old car being wiped clean by a manufacturer pull ahead, or is that just being worked into the deal (or half and half)?
If it’s being rolled into the deal, than without it (and if you didn’t have to pay $2k for shipping), this is almost a 1% deal on a car (in a segment) that generally leases very poorly.
The deal itself doesn’t seem too bad, the problem is the $1300 negative plus shipping.
The big problem is we don’t have many e43 demo (or new for that matter) deals to compare it to. We really don’t know what type of discount is attainable. You’re right around 15%, which to be honest, seems low for a demo/loaner. A lot of of brands/models are around 20%, some higher. On the flip side, this has an Amg badge, and isn’t a run of the mill c300 or bmw 320i.
If you don’t plan on pushing the car to the limits, and you can’t get a better deal, I’d consider a bmw 540 in 6 months. You’ll get a better deal on a car with maybe 80% of the performance. Further, the new 5 series is generally regarded as best in segment and better than the e class.
No, he’s correct. Mb almost always has a pull ahead. If someone wants out before the pull ahead, they still get however many months MB is offering, and the rest gets rolled into the deal.