Hope everyone is doing well!
I live in Northern New Jersey and the lease on my 2019 Mercedes Benz C300 coupe ends mid October. Originally I was looking at MB GLC300 Coupe, but looks like inventory is low and they’re still going way above MSRP. My second choice was the Jaguar F-Pace, but one of the higher lines P400 or SVR.
The car itself only has 11k miles out of the total 36k miles 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
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. $40k so if I use the car as a trade-in essentially I have an extra ~$5000 to put down assuming I buy the car.
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 like 2021 Jaguar F-Pace P400 or SVR if I can get a decent deal on it. I’m currently paying $565 per month on my current so I’d like to keep it around that if possible with only taxes and fees up front, but I’m willing to go $100 - $200 higher more per month if I can get the model I really want. I’m looking at 36 months for 10k miles per year.
So what are my options ? Out of state? What’s a realistic lease payment? Should I buy out my current lease on '19 C300 coupe and wait it out?
I would appreciate any and all recommendations here.
Thanks in advance!!