Rates (MF) were a lot higher in 2006, so don’t feel too bad…
And wagons/coupes/convertibles always lease poorly compared to the sedan equivalent. Even in today’s low MF, high RV environment this guy is paying $1,200 for a E-class wagon on what must have begun as a 48-month lease.
Several people are paying $1,000 or more for an E400 sedan!
Could you imagine how bad the hellcat guy feels now… Jesus. How could anyone justify that even before the recent lease deals, you’re saving all of what? 10k vs actually financing the vehicle? Ridiculous.
His lease residual wont change even if he pays more during his lease, this guy probably got screw with a mark up on the hellcat plus other stuff from finance.
My mom was just offered zero down but $6k in “small cap reduction” and $1800/month 12/36 for 2018 Lexus LC 500. Worst deal I have ever seen. She said the sales guy would call me to discuss, I hope he does
My bad lease was a 2011 ML350. 57.5k MSRP for 660 a month for 12k miles a year. It was for 42 months. Everything rolled in. I learned from that experience.
Thanks for comforting words. We took it because initially wanted the new x3 and that was at the same price for a 42k car. So the ML at same monthly payment as x3 was a no brainer. The new body style X3 had just come out, dealers barely had it on the lot.
A couple years ago, a dirty butthole tried to lease me a stripped out, cloth seat base model Chevy Traverse for $600 a month with GM discount included. I have great credit. Not only was I shocked, but I was also insulted.
Worst leases are always for fan boys/girls who need the vehicle right after the release:
a) $600 a month i3
b) $1500 a month hellcat challenger
c) $$$$ for anything AMG OMG
d) Even $350 for Bolt is wow!
e) And the king of them all - $3xx for VW TDI lol
But I suppose as they say, bragging rights are probably priceless…