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2014 Mercedes-Benz M-Class Lease Questions

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  • dogeyedogeye Posts: 6
    I see... Thought dealer was trying to trick me. :) yeah, the offer is not that great anyway, will keep looking. Thank you
  • darksilkxdarksilkx Posts: 11

    Hi kyfdx, do you have the March numbers in yet? I am looking at an ML350 Bluetec 15k miles. Looking at 27, 30, or 36 months depending on the sweet spot. Thanks for all your help.

  • darksilkxdarksilkx Posts: 11

    Forgot to add both money factor and residual would be great. Thanks.

  • kyfdxkyfdx Posts: 27,921

    @darksilkx said: Hi kyfdx, do you have the March numbers in yet? I am looking at an ML350 Bluetec 15k miles. Looking at 27, 30, or 36 months depending on the sweet spot. Thanks for all your help.

    Standard money factor and 59% for 36mo, 15K/yr lease. That looks like the best value term.

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  • dogeyedogeye Posts: 6
    Residual for ml350 2w dropped for March ? I got a quote with only 55% for 36 month. 10k lease
  • kyfdxkyfdx Posts: 27,921

    @dogeye said: Residual for ml350 2w dropped for March ? I got a quote with only 55% for 36 month. 10k lease

    That's correct.. 55%

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  • xhlar8cfxhlar8cf Posts: 9
    Kyfdx - is the residual the same for the gas ml350 vs ml 350 bluetec for March? 15k miles with what mf for 36 mo lease thanks!
  • kyfdxkyfdx Posts: 27,921

    @xhlar8cf said: Kyfdx - is the residual the same for the gas ml350 vs ml 350 bluetec for March? 15k miles with what mf for 36 mo lease thanks!

    .00116 MF and 52% residual for Gas

    Standard money factor and 59% residual for Bluetec

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  • xhlar8cfxhlar8cf Posts: 9
    Thanks Kyfdx! Does that include the 4matic? Assuming it goes up by two decreasing mileage? 52 = 15k and 54 = 12k and 56 = 10k. Thanks again!
  • kyfdxkyfdx Posts: 27,921

    @xhlar8cf said: Thanks Kyfdx! Does that include the 4matic? Assuming it goes up by two decreasing mileage? 52 = 15k and 54 = 12k and 56 = 10k. Thanks again!

    Add 2% for 12K/yr, add 3% for 10K/yr to adjust from 15K/yr.

    The only change for 4Matic on the gas version is an MF of .00114

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  • Smartinez24Smartinez24 bronx, NYPosts: 20

    kyfdx@edmunds may i have the MF and RV for a 14 ml350 and ml bluetec 12k miles and 10k miles for 36 months. thank you in advance

  • kyfdxkyfdx Posts: 27,921

    @Smartinez24 said: kyfdx@edmunds may i have the MF and RV for a 14 ml350 and ml bluetec 12k miles and 10k miles for 36 months. thank you in advance

    ML350: .00116 MF and 54% residual

    ML BTC: Standard money factor and 61% residual .

    Add 1% to either for 10K/yr.

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  • Smartinez24Smartinez24 bronx, NYPosts: 20

    @kyfdx@Edmunds said: Add 1% to either for 10K/yr. thats what i don't know, the standard MF. i was at a dealer today and he stated that the MF from the gas was from .00116 to (blue tech) .00216. thank you in advance

  • kyfdxkyfdx Posts: 27,921

    The standard money factor is .00195-.00225 for the top two tiers... Subject to massive markups, if the dealer is so inclined...

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  • Smartinez24Smartinez24 bronx, NYPosts: 20
    Msrp 57,400 ml350 4matic
    36 months 10k
    3643.40 down
    695 a month.
    I'm in New York does this seem like a good deal?
  • MichaellMichaell ColoradoPosts: 3,604

    @Smartinez24 said: Msrp 57,400 ml350 4matic 36 months 10k 3643.40 down 695 a month. I'm in New York does this seem like a good deal?

    Hard to tell .. we'll need the negotiated selling price, the money factor and the residual value. How much of the $3600 down is for cap cost reduction and how much for fees?

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  • @Smartinez24 said: Msrp 57,400 ml350 4matic 36 months 10k 3643.40 down 695 a month. I'm in New York does this seem like a good deal?

    I think you can do better. What was the negotiated price? My final deal at the last minute was Msrp 56025 ml350 4matic. Negotiated to 48,400 (I qualified for a fleet discount) 30 months 15k. 2600 due at signing 613 a month.

    Took a bit of work. I am in NY also. How did you do on the negotiated price?

  • dogeyedogeye Posts: 6
    edited March 29
    Just got car delivered yesterday. Ml 350 gas. Msrp 59k, sell price is 52k, 3.6k drive off with 1k down. 30 months, about 620/month including ca tax. MF 0.00116, Forgot to ask for autopay rate. :( Dealer offered 0.0016 at the beginning, then I said no deal, then they agreed on 0.00116. Almost walk away because feel sales was not very honest, but it's the perfect car we can find now, and current lease is ending in two weeks, so just went ahead. Went over contract very carefully, found over charge about $100 and asked for refund. Sales was upset saying we always gave back different calculation than his.... Got refund back, but thinking to complaint somewhere later. Complaint to mb headquarter ? Do they care?
  • MichaellMichaell ColoradoPosts: 3,604

    @dogeye said: Just got car delivered yesterday. Ml 350 gas. Msrp 59k, sell price is 52k, 3.6k drive off with 1k down. 30 months, about 620/month including ca tax. MF 0.00116, Forgot to ask for autopay rate. :( Dealer offered 0.0016 at the beginning, then I said no deal, then they agreed on 0.00116. Almost walk away because feel sales was not very honest, but it's the perfect car we can find now, and current lease is ending in two weeks, so just went ahead. Went over contract very carefully, found over charge about $100 and asked for refund. Sales was upset saying we always gave back different calculation than his.... Got refund back, but thinking to complaint somewhere later. Complaint to mb headquarter ? Do they care?

    If you're happy with the deal, I don't see where taking your issues to MB corporate will get you much. They may just turn you around back to the dealer. You reviewed the contract and found an overcharge - this could have been an honest mistake, or it could have been something slipped in. No way to know which.

    Enjoy your new M-class!

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  • Smartinez24Smartinez24 bronx, NYPosts: 20

    what is the residual on the ml350 4matic for 30 months. maybe i get a better offer that way. i have been going back and forth between the ml and the E class. thank you in advance

  • MichaellMichaell ColoradoPosts: 3,604

    @Smartinez24 said: what is the residual on the ml350 4matic for 30 months. maybe i get a better offer that way. i have been going back and forth between the ml and the E class. thank you in advance

    .00114 MF and 62% for 30 months/10K mpy

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  • roblawroblaw Posts: 17

    For what it's worth I have been watching this string for a month or two seeing what is out there. I recently leased a 2014 ML350. I admit that (contrary to my normal OCD) I let my buddy lead since I was not really in the market for this car. I was considering an MDX or a new 2015 RX350. Given the prices he was showing for an ML it was in the same ballpark as an MDX which is nice but not as nice. My wife has an RX350 which was $587 per month in 2011 but probably would have been cheaper today. It is a decent vehicle but has mediocre seats and only passable interior quality. The ride, quiet and interior quality of the ML is materially better, but at 700 pounds more, it is less peppy and fuel economy probably will be poor.

    I got an ML350 AWD this week with all of the normal stuff, Pano roof, heated wheel and a few items totaling $59,820.00. I also had the USAA discount of $2000.00 (could have also used the ABA discount of the same amount but not both). A small note is that my buddy's law firm represents that dealership but my gut is that I could have gotten close to the same deal had I wanted to spend the time to fight for it.

    I admit that I did not get the lease factor but I am assuming it was not marked much or up at all. The cost was $1722 down (which was first payment and $1095.00 lease fee) and $629.00 per month on a $50.8k cap cost (including the $2k additional discount). This is a 30 month lease which I think Mercedes is supporting at this time. Now I went a little further and did the single pay because it dropped almost $1600.00 off the total payments and I was not going to get that return with the money in a mm account. So it looks like they gave about $7k off the list price including any incentives they received. Given that it looks like people are getting that without any special friendships at the dealership, it seems entirely dooable with some time spent. I will also admit that I did not shop this number because of my friend's relationship with the dealer and the belief that since I bill by the hour, the extra time investment would not have justified the extra time and stress.

    The overall experience was quick and easy and most of it done by email, again all time savers and if you are in the market for this car, your time has significant value. The delivery and paperwork took about an hour. Had I the time, the salesman (Jim Glanzmann) seemed amenable to ordering exactly what I wanted and if the numbers did not work out, they would just keep it in inventory. If the numbers work out in 30 months I may just do that.

    It was Euro Motorcars in Devon, PA.

  • Smartinez24Smartinez24 bronx, NYPosts: 20

    @porsche911c4s said:

    msrp 61.6k, 54.2k selling 828 a month 3k down. also financed my 3843 i owed infiniti. are the numbers off? and should i do prepaid and how does it benefit me ? might sign this on friday all the help is needed thank you.

  • matts875matts875 Posts: 2

    Ok Need help here. Looking at leasing a ml350 bluetec and not sure if MF is correct or if Residual is right. here are the details. 36 months 12k year is 61% AND money factor is .00255 which seems extremely high. I am leasing at invoice cost. MSRP is 61680.00 invoice is 58163.00.Please let me know your thoughts. I know the Residual is suppose to be set but money factor seems to have been written up a bit. Credit is A tier perfect with previous MB leases before

  • kyfdxkyfdx Posts: 27,921

    @matts875 said: Ok Need help here. Looking at leasing a ml350 bluetec and not sure if MF is correct or if Residual is right. here are the details. 36 months 12k year is 61% AND money factor is .00255 which seems extremely high. I am leasing at invoice cost. MSRP is 61680.00 invoice is 58163.00.Please let me know your thoughts. I know the Residual is suppose to be set but money factor seems to have been written up a bit. Credit is A tier perfect with previous MB leases before

    The diesel uses MB's standard money factor, which has been .00195-.00225, so it looks like they are marking it up, which is typical. The residual percentage is correct.

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  • matts875matts875 Posts: 2

    That's what I was thinking about the money factor. Thanks for the answer. Might be better to purschase at the lower interest rates now than to lease.

  • darksilkxdarksilkx Posts: 11

    Leased a 350 Bluetec a week ago for approx $890 per month. MSRP was about 67500, got 10% off plus three years free maintenance. MF was .00214 after a lot of grousing (they started at .00255. 36mths/45k. No cap cost reduction, about 1800 out the door. Hope this helps someone.

  • darksilkxdarksilkx Posts: 11

    Many thanks to kyfdx for providing the benchmark data.

  • kyfdxkyfdx Posts: 27,921

    Glad we could help. Enjoy the new vehicle!

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  • psid25psid25 Posts: 3

    What do you guys think of this 2014 ML350 4Matic lease?

    Lease Term: 30 months, 10K miles per year Payment per month: $601.23 Money Down ($3500) - includes taxes, fees and first payment - no extra funds out of pocket Money Factor: .00114 MSRP: $57,735 Residual Value: $35,683.50

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