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2013 and earlier-Mercedes-Benz M-Class Lease Questions

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  • Yes. I was turning in my R350 and they gave me fleet discount. I called and emailed about 10 dealers (luckily in Southern Ca you can do that). Most responded by email. The deal I did I never even went into the dealer. It was all by phone and fax and they brought the car to me and took my old one away.
  • Thank you very much, Car_man. I was able lease three ML350 4Matic 36 months, 15,000 miles with $1850 paid at lease signing for tag, 1st month lease, fee.
    Two at MSRP = 56,550 - $692 per month- had tag trasfer from GLs
    Third at MSRP = 55,000 - $685 per month- new tag

    MB is charging over millage for 2 GLs $2668 & $5414. Does GAP insurance cover for over millage?
  • logielogie Posts: 4
    Hi- I recently leased a ML 350 4wd w/ P 1 package, runners, heated front seats, and upgraded wood wheel for 39 months, 15K miles for 750 per month including sales tax. Paid only first month payment at signing, all else was rolled in and the free maintenance was included. The 750 per month also included 6K in rolled in lease payments that were left over from a previous leased car we turned in to get the ML 350.
  • storm10storm10 Posts: 175
    GAP insurance covers the car - if it's totaled and you owe more to the bank than it's worth. It comes free if you lease through MB Financial. It does not cover the over mileage.
    If you have over-mileage - just roll it into the new lease.
  • nita5nita5 Posts: 1
    Hey Car Man, I am truly new to leasing, but I have found that leasing my be the best thing for me. I love to change vehicles often, and buying doesn't seem beneficial any longer. Well here is the situation. I currently own a 2008 pathfinder in which I owe $22,000. The dealer is saying that it is worth only $19,000. I am trying to trade it for a ML 350 W2, Palladium Silver, P1 package, 19" 5-spoke alloy wheels, wood/leather multifunction steering wheel, sunroof package, trailer hitch, burl walnut wood trim, Brushed aluminum running boards w/rubber, rear seat entertainment system pre-wiring, heated front seats. MSRP $53,925, They are selling it to me for a sale price of $51, 662. I belong to USAA, so I also get a discount of $3,000. Now the salesmen told me that if I put $3,150 down at signing, my monthly payments will be $756. I just want to see if you think that this is fair with my trade in.
  • jayriderjayrider Posts: 3,250
    I suggest you familiarize yourself with the leasing info on edmunds first. You need to find out the money factor - residual - on the lease and learn to do the numbers. It really isn't that hard. I believe 2k of msrp is way too little as a sell price even with the 3k usaa but you are upside down on your trade so that is a factor. I wouldn't rush into any mb lease until you understand the process. Take your time.
  • jsd68jsd68 Posts: 2
    Could some one post the current money factor for a ml 350 4matic. 36 month 12k/ miles. They are offering 54,585 msrp 48,505 cap, payment $679 with 2k down.(36 month 55% resid).
  • storm10storm10 Posts: 175
    Is it $2,000 down or $2,000 - total drive -off? Ask them what is the total amount out of pocket. Then shop them around by requesting quotes from other MB Dealers by e-mail...
  • jsd68jsd68 Posts: 2
    It is 2,000 drive off.
  • Waht are the current deals on ML 350 Blue tech. i was wondering there was diesel credit from federal gov. is this ML 350 Bluetech qualifies for the diesel credit.
  • mkbdmkbd Posts: 8
    Looking to lease an ML350 w/performance 1 package, running boards & towing hitch. Looking for 36 months & 12k miles/year. Anyone know the numbers? I'm in the Miami area. Thanks.
  • Welcome nita5. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.

    You are better off waiting to get something new until you are less upside down, or better yet not at all, on your Pathfinder. If you really can't wait, you may be able to get more money for your truck by selling it on your own rather than trading it in to the dealer.

    Are you saying that the dealer quoted you a $3,000 discount off of the $51,662 selling price that you mentioned? If so, this price is probably between $1,000 and $1,500 over invoice. That's not bad if the dealer isn't making up your truck's money factor.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hello jsd68. Here's the information that you're looking for. Mercedes-Benz Financial's current buy rate lease money factor and residual value for a 36 month lease of a 2010 ML350 4Matic with 12,000 miles per year are .00159 and 55%, respectively.

    When negotiating your lease on this truck, make sure to take the $2,000 cash incentive that Mercedes is currently providing on leases of it into account.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Here you go, mkbd. Mercedes-Benz Financial 's current buy rate lease money factor and residual value for a 36 month lease of a 2010 ML350 4Matic with 12,000 miles per year are .00159 and 55%, respectively.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Car man are the residuals and money factor for the 2 wheel drive ML 350 the same as the 4 Matic? Thanks
  • We are finally pulling the trigger on the ML 350 with P1 package - MSRP $53,765. Sale price of $45,150. (this includes a USAA discount of $3,000). 36 mths; 15k/yr; Lease is $620/mth after tax; drive off is $2,300 (tags, reg., aquis. fee, 1st payment).

    all in all, i think this was an excellent deal. thoughts?
  • jayriderjayrider Posts: 3,250
    Your payment is between1.1 and 1.2 percent of msrp. Pretty decent for MB.
  • Are your drive offs included in the lease payment? What options do you have on the car? is it a 4matic?
  • ctfarmboyctfarmboy Posts: 11
    edited February 2010
    yes, it's a 4 matic. options were premium 1 pkge and heated front seats.
    drive-offs were paid up front.
  • me33me33 Posts: 6
    ML 350 2W (RWD)
    12k/36 month lease
    MB Prepaid Maintenance included
    MSRP $52545
    Premium 1
    Wood Wheel
    Heated Front Seats
    Rear Entertainment Prewire
    Trailer Hitch

    $1820 on delivery (includes first month, tag, title, inception fees)
    $686 per month

    I did not have USAA or any special discount programs
This discussion has been closed.