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

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Comments

  • mlevinemlevine Posts: 203
    Money factor,residual, and aquisition fee are good. Where is $10,000 trade in going? Part will be needed for 1st month, motor vehicle fees, aquisition fee, and possible doc and or dealer fees(all additional profit by the way, but at times hard to negotiate). Should not have to put down last month. Only incentives are MB club USA, (must be a member for one year), and fleet such as USAA. I would use the invoice pricing as a starting point and take off any discounts you are eligible to receive from this price. To me your cap cost is too high.
  • Hi phillyboy. Mercedes-Benz Financial's January buy rate lease money factor and residual value for a 24-month lease of a 2013 ML350 Bluetec with 12,000 miles per year are .00160 and 72% for consumers who qualify for its top credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Since I have been using this site for years and have really benefited from it, I thought I would add in the deal I just got.

    Had a 2010 ML350 which was over miles by 6500, and still had 6 payments left.

    Mercedes paid my last 5 months, and included the additional month and over mileage in the deal (which would have been $1500 just in miles).

    Got a 2013 ML350 w/ P1 package, black w/ tan interior.
    .0016 money factor, 11% discount, $52950 MSRP
    $750 loyalty discount
    $1500 holiday credit
    $1080 due at signing
    $675 tax inclusive for 36 months
    South Florida area

    I am very happy with this deal, and it got me out of my current lease which was actually a higher payment and I would have owed a ton at the end. Hope this helps someone. Love the car! It is so much nicer than the 2010. They made a lot of nice changes.
  • Took advantage of the lease turn-in deal going on this month. Also a USAA member.

    Turned in a 2011 GLK350:
    5 payments ($640) left plus turn in-fee $400ish, so 6 payments really - PAID

    Leased 2013 metallic white ML350 + P1:
    MSRP ~$61,000
    + 3 year maintenance
    + rubber mats ($150ish?)

    On the lease it says:
    $0 down
    36mo/12,000 miles
    Gross capitalized cost $59,401 (MSRP $55,164 (after USAA discount? sticker $61K)
    Residual $34067.04

    Total: $900/mo

    I really just compared it to my GLK lease which would have predicted me paying about $950 based on the difference in the car values at the time of purchase. How badly did I do?
  • Hi Car Man

    I'm negotiating a special order 2013 with a number of options. MSRP around $63K. Can you give me residual and MF for 10,000m and 12,000m per year, and 30 and 36 months in NYC? I'm not in a MB currently so I don't think I can get any incentives.

    Thanks
  • insidecarbuyinsidecarbuy NYCPosts: 95
    This was a good deal for the current programs running but it seems like the ML350 used to lease out so much better....

    Just 1st month, bank fee, taxes and DMV out of pocket - just over $3,000

    $617.01 per month with auto pay on a nicely equipted car that had an MSRP of $58,550

    Here is the breakdown -

    Monday, January 21, 2013 2:17:17 PM

    CUSTOMER DISCLOSURE

    Customer Name: Inside Car Buying
    Sale Vehicle: New 2013 MERCEDES BENZ M CLASS ML350W4 4dr Wgn ML350 w/AC , Automatic , Odom: 0


    Payment Details
    Term 30
    Base Payment 617.01
    Total Payment 617.01
    Purchase Option 36,451.00
    MSRP 58,550.00
    Est. Miles Per Year 12,000
    Disposition Fee 595.00
    Excess Mileage Charge 0.25



    Amount Due at Signing

    1st Month Payment 617.01
    Acquisition Fee 795.00
    Fees & Insurance 210.50
    Upfront Taxes 1,429.29
    Total Inception Fees 3,051.80

    Total Cash Required on Delivery 3,051.80


    Tax Information
    Customer State: New York Customer County: WESTCHESTER
    Type Amount Rate Paid
    Cashdown Tax 64.16 7.3750 Upfront
    Upfront Tax 1,365.13 7.3750 Upfront

    Fee Information
    Description Amount Paid
    Reg 113.00 Upfront
    Insp 10.00 Upfront
    Title 12.50 Upfront
    DocFee 75.00 Upfront
  • That's a fantastic deal. I just tried to negotiate the same car with about the same options, based on your MSRP, and they offered my with $2000 out of pocket, $850 per month for 36 months and 10K miles per year. I didn't take it.
    Congratulations.
  • Congratulations on getting your new M, sarasitarides. Thanks for taking the time to give back and share the details of your lease with everyone. As you know, real world examples like this are always helpful for others who are in the market for similar vehicles.

    Enjoy your new ride :shades: !

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Here's the information that you're looking for njdriver1. Mercedes-Benz Financial's January buy rate lease money factor and residual value for a 30-month lease of a 2013 ML 350 Bluetec with 12,000 miles per year are .00160 and 67% for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 36-month lease are .00160 and 62%.

    The residual values for leases with 10,000 miles per year would be 1% higher.

    There's some $1,500 Winter Event certificates floating around out there for this truck that do not require one to be a loyal customer that you may be able to convince the dealer to use on your deal.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi Car Man,

    What is the MF and residual for 2013 ML350 Bluetec for 24 months and 27 months at 12k miles per year? Please let me know ASAP.

    I am VERY close to sealing a deal on a 2013 ML350 Bluetec with MSRP $65225. I am wanting to verify some information I have received from the dealership. This forum has been an amazing help for our family. :).

    MSRP: $65225.
    6.5% discount to 'invoice' - $4240.
    $2000 USAA rebate.
    $1000 deposit put down previously for the special order.
    $1000 American Express certificate.
    $3000 down payment out of pocket.
    = $11240 total discount.

    With all the fees and acq fee of $798 paid up-front, for 24 months at 12k miles per year,
    $599 monthly.

    The MF is 0.00268 and residual is 72%.

    Using the numbers above, when inputed into the payment calculator on MBUSA.com, I am coming up with $563 monthly for 24 months and $531 for 27 months at 12k miles per year. The dealership has no explanation and says they are unable to explain how the payment numbers are so far off.

    Any help would be appreciated. :). Thank you in advance!
  • Hi jgarris9. According to what I hear, Mercedes-Benz financial's February buy rate lease money factor and residual value for a 24-month lease of a 2013 ML350 Bluetec with 12,000 miles per year are .00205 and 72% for consumers who qualify for its top credit tier.

    It looks like you are getting an excellent selling price on this truck, though I personally would not make the $3,000 down payment. I always advise consumers not to make down payments on leases. Those who do risk losing part or all of the money that they put down if their vehicle is totaled in an accident or stolen and never recovered.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi Car Man:

    I am looking to lease Ml 2013 , preferably 30 months. Could you please give me the MF & RV for 30 months with 12000/miles, also RV and MF for 36 months.

    I have been offered almost 7% off MSRP for a 55250 $ car , 2900 down with monthly payment of 749 for 12000 miles/ year and 699 for 10000/ year. What do you think of this deal.

    I am currently leasing Ml 2010 , do you if there are any incentives for returned customer.
  • Hi dost2000. Mercedes-Benz Financial's February buy rate lease money factor and residual value for a 30-month lease of a 2013 ML350 4Matic with 12,000 miles per year are .00160 and 62% for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 36-month lease are .00160 and 56%.

    Mercedes is not providing any cash incentives to loyal customers on this model that I am aware of.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • drmhfdrmhf Posts: 29
    edited February 2013
    My 2009 ML 350 48 month lease will be up in May. I like leasing for 48 months as that is the term of the warranty, and I don't enjoy this negotiation process. My current payment is $620 per month plus tax for a ML 350 black with P1 $0 down 12,000 miles per year.

    I would like to lease a 2013 ML 350 equiped the same. What would the residual be for 48 months and 12,000 miles/year? I would think that the monthly payment on a 2013 would be lower. Thanks. The help is appreciated.
  • Car_man,

    Lemme first say this is an incredible forum! I've had some cool cars over the years and have always been involved in forums... none can match this so kudos to you!

    My situation.. I'm 6 months left on a 2010 CLS550. Love the car but winters in upstate NY with a CLS require a second 'beater' car or logging alot of time in ditches or mashed against trees. It would appear I got a great lease at that time... they were getting rid of all CLS inventory in prep for the new body style. Anyhow, my price was $78452 and I put literally nothing down... $273 in various fees and the first month payment, everything else went into the lease and I was dealing with a net cap cost of $82741 and a residual value of 50% ($39299)... it was a 39 month lease with 15k miles/year. (48750 at lease end). Looking over my lease now, my depreciation was $43442 (price-residual) and that amounted to $1114/month. The MF was essentially non-existent because my monthly payment is $1120. It appeared to be a good deal but they can play with the residuals to make those MF's look as good as they want. Psychologically, had they given me a higher residual and a lower depreciation payment but a higher MF and came up with the same $1120... somehow I would have felt jipped as opposed to elated.

    Here's the question... (Finally)... it seems that the dealer may take back the CLS and wipe those payments, I am right where I should be on miles. I want an ML350 and am considering the Bluetec but never having had a diesel, I'm a bit skittish. Any thoughts on that would be welcome. I'd consider the 550 but it would have to be a sick deal... I'm trying to be no more than $900 with nothing at all down. Sadly, I'm more about the "deal" than the car, these are all fantastic vehicles. What I would like is 36 month, 18k miles/year. Do you have any idea what kind of residual value MB would use on 18k miles or do they just use the 15k residual and add 9000 miles x whatever $$ per mile right to the payment? Do Bluetecs tend to have higher or lower residuals all things being equal compared to their gas counterparts?

    Thanks for any assistance.
  • dallasmandallasman Posts: 26
    We bought our BlueTec ml350 last may. LOVE THE CAR! Not a single problem and got a killer deal (at the time). Like you, I'm more about the deal than the car. Anyway, you won't be disappointed with the car.
  • Hi Russman29,
    Generally speaking, the RV's are higher on the bluetechs vs. gas counterparts. We have an E350 bluetech, and at the time the RV was 77%, for a 24 mo lease, which was significantly better than the gas equivalent. I'm contemplating either an ML350 Bluetech or GL350 in several months simply because of the higher RV. But, Carman can confirm.

    Don't forget to also get the base rate MF from Carman, and you can use MSD's to 'buy down' the MF. That, coupled with auto pay, is a great way to reduce your monthly payment and you get the MSD back at the end of the lease term.

    Cheers!
  • bolhanbolhan Posts: 1
    edited March 2013
    Hi mr car man please let me know the current mf and residual for 10000 miles 30 months lease for 2013 mL 350 thank you
  • artie9artie9 Posts: 3
    Greetings Carman,

    Can you please assist with lease information for a 2013 ML350 Bluetec and Gas ML350 AWD. 12,000 miles, 15,000 miles, for a 24 months lease.
    This discussion saves us $$$$$!
    Thanks in advance for your advice.
  • drmhfdrmhf Posts: 29
    Hi Car_man,

    I posted 3 weeks ago and haven’t gotten a response with info I really need and can’t seem to find. I would like to lease a 2013 ML 350 AWD with the P1 package. What would the residual be for 48 months and 12,000 miles/year? I assume that the MF would be .00160.

    I can’t see why more people don’t consider leasing for 48 months as it is the term of the warranty and considerably lowers the monthly payment.

    Thanks a lot. This forum really helped me negotiate my last ML 350 in 2009.
This discussion has been closed.