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Best way to know if you got a fair deal, shop 3+ dealers. Get quotes for a sign and drive ($0 down, first month included, 35 months remaining) on the same exact car. You'll know quickly which dealer to negotiate with.
July numbers for a C250 2dr with 15k miles a year (from ridewithg.com):
36 Month – Residual 63% of MSRP – .00129 Base Rate
Find a lease calculator and start entering in numbers using the above info, you'll know what you should be paying.
Why would you want to lease a car like that anyway..It is just throwing money away
Owning a car like that outside warranty and paying for tires/maintenance is throwing away money. The car has a 63% residual, makes a great car to lease.
Why would you want to lease a car like that anyway..It is just throwing money away
If they can afford it great. Who wouldn't love to be seen in a nice car like that? I personally would never lease. I don't want to get boxed in to a car for say 36 months. Ever try to trade during the period of a lease? In my area the 12k milage just wouldn't do!!
If they can afford it great. Who wouldn't love to be seen in a nice car like that? I personally would never lease. I don't want to get boxed in to a car for say 36 months. Ever try to trade during the period of a lease? In my area the 12k milage just wouldn't do!!
yea 250 miles a week maximum limit isnt enough to do anything in if you drive it to work...thats only about 33 miles a day average....Big money not to be able to even drive it...............or pay out the gazola if you exceed the millage..something like 50 cents a mile or some outrageous charge Im sure...
You guys don't know how to lease. I've leased Subarus with 10k miles a year, knowing I'll put 15k on them. Why? They have incredible resale in Colorado, I have equity after the 36 months. People who know how the game works don't turn in their car after 36 months. You get equity out of it by having a dealer buying it more than your buyout, assuming you lease the right vehicle. It's a numbers game, but in the end, I get it work out much cheaper than doing a 5 year loan on the same vehicle.
If you keep your cars for 7+ years, leasing isn't for you. If you want the latest tech and safety features at the lowest price possible and don't drive a ton of miles, leasing is great. Never put $ down, lease a car with 60% residual, and get lots of quotes.
If they can afford it great. Who wouldn't love to be seen in a nice car like that? I personally would never lease. I don't want to get boxed in to a car for say 36 months. Ever try to trade during the period of a lease? In my area the 12k milage just wouldn't do!!
Mine is my 3rd car.
I have a paid-off daily driver that's reliable as hell. I live my daily life with this car. It will last me a while so no plans to ditch it soon, plus I can do my own maintanence and repairs.
I wanted a great NEW weekend car that i could keep like new and barely drive. I just didn't want to pay $700+/month for it to sit either. Weekend rolls around, gorgeous weather, i take the Benz and enjoy every second of it. When time is up, i either get another, or just turn it in and free up garage space.
My point is some may argue why leasing is a waste, but for some people it works for their circumstances. Some people like to go on fancy vacations every year to relax. My way to unwind is a nice car.
yea 250 miles a week maximum limit isnt enough to do anything in if you drive it to work...thats only about 33 miles a day average....big money not to be able to even drive it...............or pay out the gazola if you exceed the millage..something like 50 cents a mile or some outrageous charge im sure...
Leasing is largely misunderstood, if you are flipping cars in anything less than 5 years, leasing is far cheaper. We've leased VW's for years, it's a set cost, and we get a new car every 1.5 yrs as we lease 2 cars for 36 mo., 18 months apart. We never have to pay 1 penny more than our monthly payment and never have to worry about long-term expenses of a vehicle or re-sale concerns. I think everyone would agree if you buy a car and keep it "forever" it's going to probably be a better decision than flipping cars every few years. The monthly cost is in our budget, it's stress free, and we come home with a new car every 18 months, it works for us.
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Ever try to trade during the period of a lease? In my area the 12k milage just wouldn't do!!
