My lease expires in September 2019. Current monthly payments are $415. It means if I return a car N months earlier and start a new 36 month lease, my new monthly payments will effectively increase by 415 x N/36 = $11.5 x N. If, for example, I start a new lease in March 2019, my monthly payments will actually increase by 11.5 x 6 = $69.
My question is whether I can get a cheaper by $70 lease in March when RVs are higher and selection is better than in September.
The cars I’ll be interested in are as follows:
Alfa Romeo Giulia and Stelvio
Jaguar XE/XF
BMW 3 (I’m ok with 2018s)/5
Merc E300 (I had C300 as a loaner few times and wasn’t impressed)
Audi A4/A5/A6
Macan S but I know it doesn’t lease well
Service loaners are Ok with me: I’m currently leasing Merc E350 which was a service loaner
I might be interested in Lexus GS350 Fsport but I would just purchase it.
some of the cars on your list will lease well the last month where the bank will still lease the previous model year. That seems to be around March/April.
I do think however, Sep is also a good time because the new model year cars hit the lots and the dealers are eager to get rid of some old inventory.
Then there’s also Dec where you can score great deals as dealers are eager to close out the year on a high note. So maybe you can extend your lease a few months to get to December as an alternative option.
Just my experience - I leased my Tiguan S in May for $199/mo. Those Tiguan incentives deals are gone. I leased my wife’s 2018 MDX in July with a bunch of incentives. I think the incentives are still there, and the MF is lower, but the inventory on 2018s are slim. My wife’s picky so if we would have waited, we probably would have ended up with a 2019 for much more.
August seemed to be best month to lease BMW loaners. I saw so many good deals like a 320i for under $200, 328d for like $275, 330i for about the same. There were some good deals on Mercedes C300 loaners as well.
I researched the Audi’s before placing my order for a 2019. For most models, December and March seemed to be the best months to lease. December had the best incentives combined with decent residuals, and in some cases complimentary first payment (most sedans). March seemed a good combination of residual value and incentives too, but without the comp first payment. I would look back through the last year or two on the Edmunds lease forums and see what the programs were, then run the numbers through the Leasehackr calculator. The difference wasn’t huge, but I found apples to apples the payments were about $30 less per month between the best and worst months. Remember, once you pick your car, you can make a deposit on a factory order, and time your delivery for the best month. That’s what I just did with my A5 coupe. Delivery is scheduled for December.
I was working on making a post in nyclife’s post, and I probably still will, but he got me a 330 xdrive loaner for 225 a month (drive offs due at signing), but it was 15,000 miles a year, so the typical 10,000 would have been under 200, that was in August.
Acquisition, registration and doc fee, things like that, 1500. A little of that may have been ccr just to make it an even 1500, not sure though. It was cheap enough I didn’t ask a lot of questions
Lots of great feedback: thanks guys. I’ll probably start looking in March. I really hoped to get a C300 loaner but, as I said before, it didn’t impress me much. Too bad because getting another Merc would’ve saved me the disposition fee. Giulia/Stelvio would be my first choice if not for the seat comfort. The sport seat is very confining and the regular/Lusso seats are very short. I had a number of BMWs with sport seats and they all were extremely comfortable. I test drove Jag XE with the sport seat and liked it a lot.
Genesis G70 might interest me too
