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

  • kyfdxkyfdx Moderator Posts: 210,470
    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.

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  • 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...
  • kyfdxkyfdx Moderator Posts: 210,470
    It's probably going to be hard to beat that Mercedes deal.

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