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

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Comments

  • jsalleyjsalley Posts: 2
    Wow, that is a big difference. Where is the dealership located that you used? I would really like to check that out.
  • darma2011darma2011 Posts: 12
    The deal went as promised. What helped me out was that I had a Lexus and through the conquest program they have going on this month they were able to knock off $4k for that alone. I requested my initial quotes through this website and only dealt with internet and fleet managers. Mercedes Benz of South Bay in Torrance, California is the dealership I went with. Be aggressive, you have nothing to lose.
  • craig1212craig1212 Posts: 12
    Great Job! I've been looking at leasing an ML and you by far have gotten the best deal around. Can you share what packages you got?

    Thanks so much.

    Best,
    Craig
  • darma2011darma2011 Posts: 12
    It's just the basic ml. I wanted navigation so we added the premium 1 package but that was it. Msrp was $52,085 to be exact.
  • craig1212craig1212 Posts: 12
    darma2011,
    Thanks for the quick reply. Basic w/ 4MTC?
  • darma2011darma2011 Posts: 12
    No, its not 4matic. I didn't feel I needed the 4 wheel drive plus I read that 2 wheel drive is more fuel efficient, don't know how true that is. Msrp on the 4matic is $2500 more.
  • craig1212craig1212 Posts: 12
    Thanks so much for sharing your info. Enjoy the new truck!

    Best,
    Craig
  • darma2011darma2011 Posts: 12
    No problem. Let us know what you get! :)
  • brianj7brianj7 Posts: 3
    Car_man, or anyone that can help.

    I need to know the mf for ml350 15k miles, for 33 month term and the residual. Also is it any different for the 4matic? What is conquest rebate as I am coming out of a Infiniti fx lease.

    I am offered the below, supposedly super deal because of end of month and have close the deal tomorrow by 2 pm.:

    ML350 2w msrp 53,264 sale price $49100
    33 month lease for $599 / month with $750 down +ttl
    Residual 55% $31105

    Please help ;)
  • darma2011darma2011 Posts: 12
    I think they can do better. My msrp was $52085 and I got it for just under $42k. My drive off was $507 and monthly payments were going to be $500/mo including tax but I accepted the 10k, 20k, 30k mile service. That brought my payment to $525 per month. I heard maintenance can run over $1k for the 10,20,30k miles. Also don't forget the 2012 models will be redesigned so that should help with the negotiating.
  • brianj7brianj7 Posts: 3
    Thanks for prompt response. Did you not pay ttl? How did you get them to drop the price by $10k and how much did you pay for the maintainance package? Was your deal 15k miles for 33 months?
  • darma2011darma2011 Posts: 12
    I typed up a long detailed reply and not sure if it went through. Let me resend you the condensed version. My drive off was $507 total including ttl. I went with a 33 mo/12k mile lease. The maintenance package ended up costing me $810. My payment went from $500 to $525.34 so I calculated $25.34x32mo and that's how I came up with the $810. Oh and they also paid my last payment for my Lexus and the overage on the miles which totaled $1100.
  • brianj7brianj7 Posts: 3
    Thanks for your help. The msrp was actually $ 56555. The payment should be $565 but they added in $1095 acquisition fee! Is that amount normal?
  • jwilliams2jwilliams2 Posts: 854
    Aquisition fee should be $795....they are marking it up.
  • darma2011darma2011 Posts: 12
    My acquisition fee was $795. I believe anything more is a mark up.
  • storm10storm10 Posts: 175
    Acquisition fee makes no difference as long as you have the lowest payment... When you shop - shop for the lowest payment. Lowest payment is the goal, regardless of how they come to it.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Bri75, Mercedes-Benz Financial's July buy rate lease money factor and residual value for a 36 month lease of a 2011 ML350 4Matic with 10,000 miles per year are .00035 and 51%, respectively for consumers who qualify for its top credit tiers.

    This program is scheduled to run through August 1st. It's difficult to say what the numbers will be like after that.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • hypnoticshypnotics Posts: 23
    Hey Car_Man,

    Do you know what the residual and MF for 2011 MB ML350 4matic 12k/yr for 33 months are?

    Thank you!
  • bri75bri75 Posts: 2
    Thanks for the info, Car_man.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Here you go, hypnotics. Mercedes-Benz Financial's July buy rate lease money factor and residual value for a 36 month lease of a 2011 ML350 4Matic with 12,000 miles per year are .00035 and 50%, respectively for consumers who qualify for its top credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
This discussion has been closed.