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Mercedes Winter Sale Event..Low rates..

Posted on 12/17/13 at 9:12 pm
Posted by 404to225
Member since Dec 2013
13 posts
Posted on 12/17/13 at 9:12 pm
Anyone with any news on new 2014 S550 reviews.Looking to purchase one while rates are low..any advice or other suggestions for this amt of doe...
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 12/17/13 at 9:17 pm to
quote:

this amt of doe
Or, bucks.
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75223 posts
Posted on 12/17/13 at 9:30 pm to
Leasing is the way to go. 24 months, zero down and drive away. Try to get 15k miles per year. Should be around $899 per month.
Posted by NewIberiaHaircut
Lafayette
Member since May 2013
11562 posts
Posted on 12/17/13 at 9:33 pm to
Do you plan on leasing or purchasing? Driving or being driven? The S class has always been the innovator in automotive technology. Here is a very detailed walk through. LINK
Posted by BigAppleTiger
New York City
Member since Dec 2008
10387 posts
Posted on 12/17/13 at 9:56 pm to
It is a gorgeous car. I do like the new design features, although I do miss the flared wheel wells that gave it "haunches" from the side from the last model. I think the higher grill is a nice way to change the inate design without changing the character. The interior is even more beautiful than the last although it somehow seems smaller by appearance- and despite not liking the tail light redesign I have liked it more upon repeated road viewings. Buy certified pre-owned with about 5 to 10k and save a chunk o change.
Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17438 posts
Posted on 12/17/13 at 10:01 pm to
Don't lie.... you want the C class
Posted by DaBeerz
Member since Sep 2004
16955 posts
Posted on 12/17/13 at 10:17 pm to
30kaire or new money? Which one are you, because nothing says cool like sayin I have a Benz
Posted by 404to225
Member since Dec 2013
13 posts
Posted on 12/17/13 at 10:32 pm to
I HAVE A 08 S550 SPORT..PAID CA$H!..ONLY 45KMI ON IT. LOOKING TO UPGRADE.
Posted by DaBeerz
Member since Sep 2004
16955 posts
Posted on 12/18/13 at 5:47 am to
Why are you worrying about low rates then before you spend that kind of "doe".
Posted by Im4datigers
Northern Virginia
Member since Oct 2003
4465 posts
Posted on 12/18/13 at 8:00 am to
Dude, vehicle rates have been low for the past century. I can't remember a time I haven't see 0%-3% rates on cars
Posted by Will Cover
St. Louis, MO
Member since Mar 2007
38553 posts
Posted on 12/18/13 at 8:20 am to
Leasing may work for you. But for most people, it doesn't or shouldn't.

Leasing, you own nothing, but you owe something.

Ever wonder why most dealerships are happy to push leasing? Hint, it's not because it's a better deal for their customer.
Posted by Will Cover
St. Louis, MO
Member since Mar 2007
38553 posts
Posted on 12/18/13 at 8:21 am to
quote:

HAVE A 08 S550 SPORT..PAID CA$H!..ONLY 45KMI ON IT. LOOKING TO UPGRADE.


Just for argument's sake, how old are you?
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89566 posts
Posted on 12/18/13 at 9:09 am to
quote:

Hint, it's not because it's a better deal for their customer.


Well it lets people "buy" more car than they can afford, in many cases, with an extra premium kicked in.

I guess if you don't actually "drive" the car much, but are just having it to have it - it isn't a terrible deal. I mean if you must buy new, buy expensive and can't really afford it.

Posted by BACONisMEATcandy
Member since Dec 2007
46643 posts
Posted on 12/18/13 at 9:39 am to
The OP never even mentioned "leasing" he asked about rates. And when you can get rates for less than 1% I don't see the big deal

Would I ever buy an S Class? No but he asked an honest question. Why the hate?
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89566 posts
Posted on 12/18/13 at 9:46 am to
quote:

No but he asked an honest question. Why the hate?


It's the money board. Anyone who finances a depreciating asset should be challenged on it. I do it, most people have done it, but honest challenges on "How much are you spending? Why? Why this car at this time, if you have to finance?"

Even if it is "only" 1% - you're still rolling your net worth back. It's one thing when you go and pay cash, hopefully at FMV, for a depreciating asset - when you decide to take the loss, you can negotiate from a position of reasonable strength - you've got the asset.

When you finance for an extended term (as many of these luxury cars are - sometimes 120 months - can you imagine - you'll be underwater for 9 1/2 years ) - you're a slave to that note. You can walk away, but will have neither the car nor the money - just a note. Or you have to come out of hip national bank to pay the difference.

Financing cars from an early age costs you millions of dollars when you combine the depreciation, finance charges (yes, even at 1%, they add up), TTL, and opportunity costs of what you could have been doing with that money all along.

And for what - at the end of the day you have a used car that nobody wants.
This post was edited on 12/18/13 at 9:47 am
Posted by GaryMyMan
Shreveport
Member since May 2007
13498 posts
Posted on 12/18/13 at 9:57 am to
quote:

Why the hate?

I can only speak for myself but I think it was when he spelled "CA$H"
Posted by Gaston
Dirty Coast
Member since Aug 2008
39030 posts
Posted on 12/18/13 at 10:05 am to
You should get a BMW instead. M6 Gran Coupe.

Posted by LNCHBOX
70448
Member since Jun 2009
84128 posts
Posted on 12/18/13 at 10:09 am to
quote:

Leasing may work for you. But for most people, it doesn't or shouldn't.

Leasing, you own nothing, but you owe something.


For the ticking time bomb of expensive maintenance that is a high end German luxury car, I would never do anything other than lease. I'd rather pay a note on it for 2 years, drive it 30k miles, and be able to walk away without the giant depreciation hit or any expensive repairs.

Now for cars with less complicated systems, such as my truck, there is no way I'd lease it.

Just my opinion though.
Posted by theBeard
Member since Jul 2011
6739 posts
Posted on 12/18/13 at 10:14 am to
quote:

for this amt of doe and ca$h


it should be AMG only
Posted by BACONisMEATcandy
Member since Dec 2007
46643 posts
Posted on 12/18/13 at 10:41 am to
quote:

I can only speak for myself but I think it was when he spelled "CA$H"


He was attacked long before that
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