Looking for advice on first time Lease

talhas3

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

kyfdx

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.

talhas3

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...

kyfdx

It's probably going to be hard to beat that Mercedes deal.