Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see May lease deals!
Options

Looking for advice on first time Lease

talhas3talhas3 Member Posts: 3
edited November 2016 in General
Hey guys

I am looking to lease a car for the first time with my business partner. So we will be leasing 2 cars at the same time to be able to negotiate a better deal with the dealership.

We are looking to stay between $300-$450/month. We need to a minimum of 15k miles since we currently drive between that and 20k miles a year on our cars.

Where have you seen the best deals from car manufacturers where I would be able to leverage leasing 2 cars from them at the same time?

Some possibilities we are looking at:

C300
Jaguar F-Pace (their advertised offers start at $499/mo so not sure if we can make this one work)
Evoque

Of course, would be open to other suggestions. Thanks

Comments

  • Options
    kyfdxkyfdx Moderator Posts: 239,276
    You might be able to get the C300 for around $450/mo.

    Two cars might get a salesperson excited, but a sales manager probably isn't going to cut a killer deal, just because you are getting two cars. Not sure it gives you a lot of leverage.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Options
    talhas3talhas3 Member Posts: 3
    So I visited Mercedes Benz, Land Rover, and Audi dealerships today.

    Evoque is out of the question as it does not fit my budget.

    Here is my price for a 2016 C300 that I got.

    Residual 57%
    MF .00073

    $530/mo - 15k miles
    $580/mo - 18k miles

    The manager brought it down to $450/mo but we didnt make a final decision yet. I'm pretty sure we can bring it down even further to $400/mo and get 18k miles

    Also putting down 7 MSDs @ $3850 total

    Also here is the price for the Audi A4 2017 Quattro

    Residual 55%
    MF .00061

    18k miles $3785 due at signing
    430/mo 36 months

    First time leasing and learning about all this Residual and MF so pretty proud of what I did first day :slight_smile:

    Going today to BMW to see what they have in 2016 models to see what kinda deal we can get there.

    Your thoughts...
  • Options
    kyfdxkyfdx Moderator Posts: 239,276
    It's probably going to be hard to beat that Mercedes deal.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

Sign In or Register to comment.