Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Have you recently tried to purchase a new vehicle after being out of the market for a while and found that prices were much higher than you expected? A reporter would like to talk to you; please reach out to [email protected] by 1/22 for more details.
Did you get a great deal? Let us know in the Values & Prices Paid section!
Meet your fellow owners in our Owners Clubs

2019 Mercedes S-560 coupe - leasing

rick_lvrick_lv Posts: 7
edited February 2019 in Mercedes-Benz
I'm shopping for a MB S560V coupe black/black 2019 new

zip: 89123 NV
Base Price $101,500
Prior MB lease bal: $15,000
Options: $15,000
Discount: $5,000
Residual: $51,000
10k/year
$2500 down + $2,500 36 months

It seems kinda high (even though I understand I have a balance rolled in). Any thoughts?

Thanks so much.
RF

Comments

  • kyfdxkyfdx Posts: 142,707
    rick_lv said:

    I'm shopping for a MB S560V coupe black/black 2019 new

    zip: 89123 NV
    Base Price $101,500
    Prior MB lease bal: $15,000
    Options: $15,000
    Discount: $5,000
    Residual: $51,000
    10k/year
    $2500 down + $2,500 36 months

    It seems kinda high (even though I understand I have a balance rolled in). Any thoughts?

    Thanks so much.
    RF

    Standard MF and 47% residual

    What is the MSRP?
    Adjusted CAP cost?

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • MSRP is 117k (102+15 options)
    Sale price is 112K (117-5 discount)
    Residual: 51K
  • kyfdxkyfdx Posts: 142,707
    rick_lv said:

    MSRP is 117k (102+15 options)
    Sale price is 112K (117-5 discount)
    Residual: 51K

    $2500 isn't too hard to see.

    The residual is terrible, and the Standard MF is somewhere around .00290 for an S-Class.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • So using the "calculate-your-own-lease" formula offered by Edmunds, and the MF of .0029 you suggested, the payment should be around 2,300 EXCLUDING the additional $15,000 from the previous lease to roll into the new one.

    Gross cap 114K
    adjusted cap 110K
    monthly payment including local taxes and interests: 2,300

    Using the same formula and adding the $15K from the previous lease I get to 2,800
    Dealer is asking for $2,500 (including the 15K)
  • THANK YOU very much for the info. I feel I can have a serious discussion with the dealer now.
    If I go ahead with the purchase, I will post the final deal.
  • kyfdxkyfdx Posts: 142,707
    rick_lv said:

    THANK YOU very much for the info. I feel I can have a serious discussion with the dealer now.
    If I go ahead with the purchase, I will post the final deal.

    To fully evaluate it, you need the exact numbers from the dealer.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

Sign In or Register to comment.