Signed- 2024 EQS 450+ Sedan! $567/mo +tax 24mos 7500 miles! DAS: First month payment + MSD

I signed this on Friday. It was a demo car with 500 miles on it. My current 2023 EQS SUV lease ($650/month + tax) was set to expire in April, so I started exploring options early before the Amex TrueCar coupon expired on January 2, 2025.

As part of the deal, the dealer agreed to cover all four tires on my current EQS SUV (they were all at tread level 2). Unfortunately, I didn’t qualify for the loyalty discount since my lease was expiring in April and loyalty offer was for leases expiring on or before 31st March—otherwise, this deal would have been even sweeter.

MSRP : $114,295
Selling Price : $94,000(~18% discount)

Rebates : $21500(Amex coupon gets $14000 for EQS sedan)

Drive offs : $7612($7000 refundable MSDs, $612 1st month payment)

Payment : $612 including tax

Here is the calculator link- CALCULATOR | LEASEHACKR

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Why didn’t you wait until next month so you’d be eligible for loyalty? The loyalty discount is much larger than the extra contribution Amex gives

Could you elaborate, please? I thought loyalty was $5k?

What rebates did you get that is $21500?
I thought it has ev credit $7500 and Amex/penfed $7500. Am I correct?

Just Amex is expiring. You can still use PenFed Sams club or MB club of America for the same rebate.

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or AAA

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Is PenFed, Amex and AAA stackable?

No, they’re all the same incentive, just accessed through different channels.

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Good to know:), dealer told me AAA is only $500, is that right? It’s on a 2024 EQS SUV

All of them are ONLY $500.

Another newbie question
On a EQS SUV, I have Amex, PenFed, Drive clean rebate and lease bonus, So is it

$7500
$7500
$500
= $15500

Reminds me of the etron gt days, so much rebates:)

Thanks but no thanks

Also curious, thanks!

Correct, if the dealer is from NY

Thanks, how about the drive clean rebate?

$500 but lease needs to be at least for 36 months

You did great… the pull ahead and loyalty are not stackable. Delta is under $2k