2019 Mercedes S-560 coupe - leasing

rick_lv

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

kyfdx

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?

rick_lv

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

kyfdx

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.

rick_lv

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)

rick_lv

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.

kyfdx

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.