Automotive

Suggestion on Luxury - 3 Baby Seat - Lease Option Under 650$ before Tax

  • Last Updated:
  • Aug 25th, 2017 8:29 am
[OP]
Member
Dec 13, 2006
440 posts
145 upvotes

Suggestion on Luxury - 3 Baby Seat - Lease Option Under 650$ before Tax

My wife is looking for a new vehicule and she will lease it with her company. She will use it mostly for work, but we do have 3 Young kids (4-2-1) that she will need to pick up at the daycare.

We already have a larger Familly vehicule that we will continu to use for long familly ride. So we are not looking for a Van or an MDX or something really big.

Right now we only went to Lexus, IS Back seat is way too small, GS too Expensive. ES could work out but Residual Value on a Lease look really bad for a Lexus.

If anyone have some suggestion that would be apreciated. With too much work, 3 kids and no babysitter it's hard to find the time to do all dealer.

I think we will try to go to Mercedes to look at the C class or maybe the E class if budget allow it or the small GLC. Mercedes seem to be good lease choice (high residual)

I'm not an expert in lease so any advice would be appreciated.

Thanks
43 replies
Jr. Member
Mar 17, 2010
188 posts
189 upvotes
Toronto
2018 Acura TLX A-Spec is worth a look.
Deal Addict
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Aug 3, 2014
1197 posts
1101 upvotes
Toronto, ON
I would think that the ES350 would have much higher resale value, than even the IS, GS or its competitors, since it tends to hold its value quite well. Honestly its not a bad choice - they're fairly reliable, smooth and comfy for a family, and the back seat is probably more roomy than the GS.

What about Infiniti Q70 or Acura RLX? Or Lincoln Continental or even a Cadillac CT6...dare I say? Winking Face
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Deal Expert
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Jul 30, 2007
22957 posts
7974 upvotes
Toronto
2018 Audi Q5 - Progressive - MSRP $49,950

based on Audi.ca lease calculator
36 months
3.9% interest
63% residual
20,000km per year

Assumption:
4% dealer side discount
$0 factory credit allowance
$2650 of fees rolled into the payment
$0 down
No excess wear & tear protection plan chosen

Projected monthly is $665 + taxes
Due on delivery: first + security (if required) + PPSA + license
Deal Expert
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Jul 30, 2007
22957 posts
7974 upvotes
Toronto
2018 MB GLC 300 with Premium Pkg option - MSRP $51,400

based on mb.ca lease calculator
36 months
3.9% interest
58% residual
18,000km per year

Assumption:
5% dealer side discount
$0 factory credit allowance
$3000 of fees rolled into the payment
$0 down
No excess wear & tear protection plan chosen

Projected monthly is $744 + taxes
Due on delivery: first + security (if required) + PPSA + license
Deal Expert
User avatar
Jul 30, 2007
22957 posts
7974 upvotes
Toronto
2017 Lexus ES350 Executive - MSRP $53,200

based on lexus.ca lease calculator
36 months
1.9% interest
44% residual << that's really, really low !!
20,000km per year

Assumption:
7% dealer side discount
$2,000 factory credit allowance
$2600 of fees rolled into the payment
$0 down
No excess wear & tear protection plan chosen

Projected monthly is $799 + taxes
Due on delivery: first + security (if required) + PPSA + license
Deal Expert
User avatar
Jul 30, 2007
22957 posts
7974 upvotes
Toronto
2017 Lexus RX350 Base (it's going to be very tough now to find one but for illustration purpose) - MSRP $55,900

based on lexus.ca lease calculator
36 months
1.9% interest
54% residual
20,000km per year

Assumption:
7% dealer side discount
$2,000 factory credit allowance
$2600 of fees rolled into the payment
$0 down
No excess wear & tear protection plan chosen

Projected monthly is $688 + taxes
Due on delivery: first + security (if required) + PPSA + license
Deal Expert
User avatar
Jul 30, 2007
22957 posts
7974 upvotes
Toronto
2017 BMW X1 with Premium Enhanced and Executive package - MSRP $48,750

based on bmw.ca lease calculator
36 months
2.9% interest
58% residual
20,000km per year

Assumption:
7% dealer side discount
$1,000 factory credit allowance
$2900 of fees rolled into the payment
$0 down
No excess wear & tear protection plan chosen

Projected monthly is $618 + taxes
Due on delivery: first + security (if required) + PPSA + license

Note: watch out bmw dealers tend to upsell and hide the charge for wheel locks, floor mats, full tank of gas, nitrogen air, etc.
Deal Expert
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Jul 30, 2007
22957 posts
7974 upvotes
Toronto
2017 MB C 300 with Premium and Premium Plus Pkg options - MSRP $51,700

based on mb.ca lease calculator
36 months
2.9% interest
59% residual
18,000km per year

Assumption:
6% dealer side discount
$2,000 factory credit allowance
$3000 of fees rolled into the payment
$0 down
No excess wear & tear protection plan chosen

Projected monthly is $627 + taxes
Due on delivery: first + security (if required) + PPSA + license
Member
Jan 12, 2013
431 posts
335 upvotes
Halifax
Have you looked at Volvo? Specifically the new XC60 should fit your needs.
[OP]
Member
Dec 13, 2006
440 posts
145 upvotes
Wow! Thanks alot for your suggestion.

Thanks booblehead for the great detail.
[OP]
Member
Dec 13, 2006
440 posts
145 upvotes
How do you came up with residual?
And the assomption on the dealer side discount?
Deal Expert
User avatar
Jul 30, 2007
22957 posts
7974 upvotes
Toronto
Manuf. lease payment calculator website.

Dealer side discount is assumed what dealer can give as based on past known deals that I have seen in this forum and / or from rfders that I had communicated with in the past (done deals)

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