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re: Beat the Dealer: Interesting Infographic on How to Beat Car Dealerships
Posted on 10/29/14 at 12:10 pm to Coach Guidry
Posted on 10/29/14 at 12:10 pm to Coach Guidry
quote:
I know this may be a word everyone is scared of...but why not lease? Owning a Mercedes you will either take the hit on the lease; or take a larger hit on the trade in.
I have to drive too much - estimated around 15,000 miles/year so I don't think a lease is possible.
Would you advise otherwise?
1
Posted on 10/29/14 at 12:18 pm to lynxcat
quote:
I have to drive too much - estimated around 15,000 miles/year so I don't think a lease is possible.
They have 15k/yr leases, and you can also prepay mileage for less than the penalty. The penalty is also in line with devaluation, so it's not a huge factor.
If you will be selling the car in 2-3 years, depending on MFs and residuals, you should probably lease. The trade tax credit works against leasing (in LA), so that's something to consider.
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