Thoughts on a MB GL 450e lease given the incentives (11,500 lease credit + discounts) with the looming expiration of the federal EV credit? Note: I have never and normally would never lease, but under the circumstances…

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Nothing wrong with leasing, if it’s the right fit.

- Don’t drive excessive mileage (30k+ a year) as that leaves a lot of potential for overages.
- If you only keep cars for 4 years or less. Financing a car, especially one with a steep depreciation curve like that, you don’t “own” anything at that point. You’ll be lucky to break even with resale unless you did short term financing/large down payment.
- You value always being under warranty/maintenance agreements.

Financing for a lot of people makes less sense than they might believe.

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Sure. Always have to run the numbers based on rates, incentives, etc for your particular situation and need.

Some people also don’t realize while you can’t normally lease used vehicles through manufacturers, there are third party companies that will. Really common in the exotic car world, as those companies will also do super long terms since the cars they deal with don’t depreciate on a normal curve.

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Just to give a level of support here: As long as the mileage allowance makes sense and you are comfortable with an EV, some of the lease deals Ive heard about of the last year are insanely good value. I say go for it

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Thx all. I’m thinking of going for it. It’s an 85,000 vehicle that I’ve negotiated down to approx 850/month for 24 months. I’m thinking of going for it just to give the PHEV world a try. And hey, if I hate it, I’m done in 2 years.

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Update: went for it.

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