FYI 06 E55 for $999.00 per month on a lease | FerrariChat
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FYI 06 E55 for $999.00 per month on a lease

Discussion in 'Other Off Topic Forum' started by silk32, Mar 12, 2006.

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  1. silk32

    silk32 Formula Junior

    Jul 16, 2005
    543
    ASS MASS N.Attleboro
    Full Name:
    matt
    #1 silk32, Mar 12, 2006
    Found this on mbworld. Looks to good to be true. Never leased but this sounds tempting.

    http://www.mbusa.com/models/main.do?modelCode=E55

    the new face lift/engine are due to be out soon. but if you like to classic look then this is a great deal. some guys on mbworld think you can get the lease for $850 per month

    "here is the breakdown

    MSRP: 87,925
    Dealer cont: 2,414
    Cap cost red: 3,000
    Residual value: 50,010 (56.8%)
    Money Factor: .00125 (very, very low)

    Base payment: $999 + tax

    NOW, if you find those dealers that were offering 8,000 off a new one? well.... with these residuals, and money factors, you could be at:

    $850/month!"



    YEASH! i wish i got the 55 instead of the 350 4 matic now!
     
  2. Auraraptor

    Auraraptor F1 World Champ
    Lifetime Rossa Owner

    Sep 25, 2002
    14,113
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    #2 Auraraptor, Mar 12, 2006
    Is a grand a month a good lease?
     
  3. indaville

    indaville Formula 3

    Oct 6, 2005
    2,309
    Louisville, KY
    #3 indaville, Mar 12, 2006

    For an $88,000 car, yes.
     
  4. Auraraptor

    Auraraptor F1 World Champ
    Lifetime Rossa Owner

    Sep 25, 2002
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    #4 Auraraptor, Mar 12, 2006
    Are you serious?? They want THAT much for a new E55?? I thought they were in the 70s.

    (No I didn't read the MSRP in the first post until now)
     
  5. silk32

    silk32 Formula Junior

    Jul 16, 2005
    543
    ASS MASS N.Attleboro
    Full Name:
    matt
    #5 silk32, Mar 12, 2006
    great deal considering with light mods ecu/pulley you can do high 11's in 1/4 mile.
     
  6. darkalley

    darkalley Formula Junior

    Aug 17, 2004
    826
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    Jim
    #6 darkalley, Mar 12, 2006
    Man that is a lot of car for the money.
     
  7. Auraraptor

    Auraraptor F1 World Champ
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    #7 Auraraptor, Mar 12, 2006
    No, a lot of car for the money is that new SRT Jeep...sub 5 seconds to 60 for under 40k.
     
  8. taber

    taber Formula 3

    Mar 4, 2005
    1,582
    San Francisco
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    Norman
    #8 taber, Mar 12, 2006
    How fast will it roll over ?
     
  9. Auraraptor

    Auraraptor F1 World Champ
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    #9 Auraraptor, Mar 12, 2006
    About as fast as the brakes will fail on the E! :D
     
  10. exotics4fun

    exotics4fun Karting

    May 13, 2005
    84
    #10 exotics4fun, Mar 13, 2006
    Anything less than about 1.5% of MSRP per-month with 0 cap reduction by the customer is a relatively good deal.
     
  11. Artherd

    Artherd F1 Veteran

    Jun 19, 2002
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    #11 Artherd, Mar 13, 2006
    Gags, for an E?! JTFC, what's the S65 cost nowadays?
     
  12. silk32

    silk32 Formula Junior

    Jul 16, 2005
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    matt
    #12 silk32, Mar 13, 2006
    the old body style s65 you can prolly get for $140kish
     
  13. Supercarlover

    Supercarlover Formula 3

    Sep 30, 2004
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    #13 Supercarlover, Mar 13, 2006
    Don't know about the '07 model....new '06s and below were in the $175K to $200K range, depending on dealer and options on them. Used? Now that's a different story. I'd have to check.
     
  14. Sfumato

    Sfumato F1 World Champ

    Nov 1, 2003
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    #14 Sfumato, Mar 13, 2006
    It is also a hugely long lease, I saw it in paper yesterday, 39 months
    Not likely worth keeping that long.
     
  15. BlueBiturbo

    BlueBiturbo F1 Rookie

    May 19, 2004
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    #15 BlueBiturbo, Mar 13, 2006
    Hmmm... how come that sounds familiar ? :p
    I've been reccommending the E to all of my office pals lately ... the ones I dislike :D
    Lets just hope they drive 'em real fast.
     
  16. Buzz48317

    Buzz48317 F1 Rookie

    Dec 5, 2005
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    #16 Buzz48317, Mar 13, 2006
    10 thousand miles a year on the E55 lease then a quarter per mile over that?

    Yeesh, lets see...I drive 25,000 miles per year...so thats 15,000 miles per year over milage times 3 and a quarter years is 48,750 miles over milage times 25 cents per mile is.........$12,187.50 to turn that car back to MB Financial. You think that they offer convienent financing on this amount?

    Don't think that I will be leasing an E55 anytime soon. Lease on my STS is in the $700s and I get 25000 miles per year on that lease.
     
  17. jplayer521

    jplayer521 Formula Junior

    Feb 22, 2006
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    #17 jplayer521, Mar 13, 2006
    I went to the dealer today, he said 1400 a month 4k out of pocket for the ONE left they had which had HORRIBLE interior. I told him that the website says 999 and that I will take the car for 900 a month and he gave me some **** so I walked out. I will be going to another dealership soon, I want the CLS 55!!!!!!
     
  18. silk32

    silk32 Formula Junior

    Jul 16, 2005
    543
    ASS MASS N.Attleboro
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    matt
    #18 silk32, Mar 13, 2006
    as stated before you probably can get the lease down to $850 or keep it at $999 with more miles.
     
  19. mattsawyers

    mattsawyers Rookie

    Mar 15, 2006
    1
    #19 mattsawyers, Mar 15, 2006
    I work for an ad agency with a client in the exotic auto leasing field, and I'm looking for input: How do Ferrari lovers view leases? What are the upsides/downsides? Opinions and general comments are welcome, and thanks.
     
  20. RossoCorsaItaly

    RossoCorsaItaly F1 Rookie
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    #20 RossoCorsaItaly, Mar 15, 2006
    Post this in the general Ferrari discussion part of the board.
     
  21. Artherd

    Artherd F1 Veteran

    Jun 19, 2002
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    Ben Cannon
    #21 Artherd, Mar 16, 2006
    Bloody hell, think I'll go back to buying (slightly) used automobiles.
     

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