Hi everyone. Looking for some sincere and constructive advice. Here's what I'm financing now: 2011 Chrysler 200 Limited (roughly $6,000.00 negative equity) 2012 Jeep Compass (roughly $4,000.00 negative equity) Monthly payments: $709 Still have 5+ years to pay both cars off. Here's the offer I got: (THESE ARE LEASED, 15,000 miles, 36 month) Mercedes E-Class Mercedes GLK Downpayment: $10,000.00 Monthly payments: $1,100.00 could probably get it down to $1,000.00 OR (THESE ARE LEASED, 15,000 miles, 36 month) Mercedes C-Class Mercedes GLK Downpayment: $10,000.00 Monthly payments: $900.00 could probably get it down to $850.00 I would be trading in my old vehicles and the dealership will pay the outstanding balance/debt on my vehicles, have it in writing. They would pay all $22k+ of the Chrysler 200 and $18k+ of the Jeep (their trade in value is $17,5k and $14,5k respectively). So in addition to the cars mentioned above, I would be cleared off of the old ones. So basically we're looking at a $390-$290 difference p/ month on first and $190-$140 on the second option. I'm personally not really interested in owning a car, would potentially trade it off at the end of the three years by a more recent model. What do you guys think? Is this a good deal? Buying (what I own now) vs leasing (the vehicles mentioned above)? Thanks!