Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
2013 and earlier-Mercedes-Benz M-Class Lease Questions
This discussion has been closed.
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
Do you have the MF and residual for a 30 month lease of a ML350 with a P1 package? Thanks!
Ah ha, wait a second you may be interested in a Bluetec. If that's the case then the .00185 money factor is fine. Mercedes is not providing any lease support on that version of this truck.
I really don't have a problem with the selling price either. A relatively basic 2012 ML350 Bluetec has a spread of around $3,800 or so between its full MSRP and its dealer invoice price. You were quoted a discount of $3,960. That's either below invoice...or less than a $1,000 over if the conquest cash certificate is being taken into account. Again either way that's not bad.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
The residual value for a lease with only 12,000 miles per year would be 2% higher.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Also, any suggestions as to how one should read the MB national lease program? I interpret it as what MB would consider to be a "reasonable" profit for a dealer combining both MSRP discount and MF "profit". Is this the right way to look at it? In your experience are dealers willing to go below it due to other hidden incentives? Am I leaving too much money on the table by just "settling" with the national program? -BTW I understand there is no national program for the bluetec right now. t
Thanks
I would appreciate it if you could provide the money factors and residuals for a 24-, 30-, and 36-month lease of a 2012 ML350 with 15,000 miles per year.
Also, are you familiar with the USAA discount and how that factors into final pricing? I seem to be getting different stories from different dealers. Thanks!
The numbers for an otherwise identical 30-month lease are .00150 and 60%.
The numbers for an otherwise identical 36-month lease are .00150 and 54%.
I believe that the USAA program provides fixed attractive prices to members on Mercedes-Benz products.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
24mo 72% residual; 30 months 67% residual
MF: .00165 and my dealer checked with MB and tells me that the Multiple security deposit reduction comes off the .00165 so with 10 MSD's that rate falls to .0095.
There is an additional $1000 conquest money...if you own pretty much any other car.
Would happen to know what the MF and Residauls is for the GL 550 2012 in August 24 month 36 months or 48 month 12K or 15k
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Since you're here, Mercedes-Benz Financial's August buy rate lease money factor and residual value for a 24-month lease of a 2012 GL 550 with 15,000 miles per year are .00140 and 63%.
The numbers for an otherwise identical 36-month lease are .00140 and 52%.
If you were to lease with only 12,000 miles per year, this truck's residual values would be 2% higher.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Is there an official set of MFs and Residuals for 2013 ML350s?
I'm expecting mine at the end of August/early September.
I am looking for the numbers for 10,000, 12,000 and 15,000 miles.
Thanks!
I need help on a ML350 bluetec. I see posted above the 24 month and 12,000 mile a year numbers are 72% residual and money factor of .00165. Dealer finance person states there is no such money factor that low. She is using the standard money factor of .0024. If it is indeed .00165 please send me to a link in order that I may send this to the dealer. Thanks very much for your help.
Through September 4th, MB Finance's residual value for a 36-month lease of a 2013 ML 350 4Matic with 15,000 miles per year would be 55%. The residual value for a lease with only 12,000 miles per year would be 2% higher. The 10,000 mile per year residual value would be 3% higher.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
How can you find out what the MB "Standard Lease Money Factor" is?
Interested in a 13 ML350 (2WD) 3yr / 12k
Thanks
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
1. Anyone know about incentives for dealers to clear the lots of them? We were also looking at 2013 GLs (coming out at end of month), and there are 2012s sitting on lots, and some people have been getting $8k-12k off MSRPs for the 2012 GLs, so I was wondering if a deep discount could be had on the 2012 MLs.
2. Car_Man, I wasn't entirely sure on your lease numbers for September for the MLs. Are there differences for the 2012 vs. 2013s? Would you kindly list the MF and residuals for a 24mo lease and 36 mo lease for 12k miles/year?
Thanks!
1) Dealers are definitely offering large discounts on 12 GLs to make room for the brand new model. A dealership I went to offered me a better deal on a $66k 12 GL than a $57k 13 ML. It actually would have been much cheaper to get into a GL. But it would be a tough pill to swallow to get into a PREVIOUS generation model and miss out on all the cool new features & enhancements.
Discounts aren't near as big on 12 MLs because although its the previous model year, it's still the new generation ML. If you can find a 12 ML you'll still be able to get a better deal, both in terms of price and finance rates.
Remember though, by going with a 12 ML or 12 GL you'll be missing out on new standard features in the 13 MY. Features such as mbrace2, Collision Prevention Assist, a color instrument display, etc. It's up to you how much these mean to you.
I'm going to the dealership today, I'm really hoping Car_man can let me know what the rates are for 13 MLs this month!
We drove a 12 ML Bluetec earlier in the week, but I've been reading a lot about the diesels and the problems some people have been having in cold weather, so we went to drive a 13 ML350 and a loaded 12 ML550. I've gotten a decent discount so far (7.4% off sticker), but I get the sense there is more room to move despite the minimal back and forth we've had so far. We really like the power in the ML550, and of course, it's got better equipment, but at $75k+, we are in GL territory, and the 13s are out in a little bit (albeit, I'm sure the deals won't be fantastic out of the gate). Third row was something we were originally looking for, but have been test driving the MLs since there are no new GLs on the lots yet.
I really need to figure out how much more wiggle room there is on the 12 ML. I've read 9%+, but I need to confirm that somehow. Also, I need to find true MF and residual numbers on a 2 and 3 year lease. We started out at 0.0024 (standard MB MF), but then the quote with the 7.4% off was with a MF of 0.0020, so I also suspect that the true MF is lower, and they are looking like they are giving me more off when really it's padded.
Decisions, decisions.....
1. Money factor on 12 ML350s and 550s along with residual values for 24mo and 36mo leases.
2. Money factor on 13 ML350s along with residual values for 24mo and 36mo leases.
Thanks!!
Mercedes-Benz Financial's September buy rate lease money factor and residual value for a 24-month lease of a 2012 ML 350 with 12,000 miles per year are .00150 and 64%, respectively for consumers who qualify for its top credit tier.
The numbers for an otherwise identical lease of a 2013 model are .00160 and 66%.
While I have no specific special inside knowledge about this, I personally would be surprised if Mercedes didn't have to increase its lease support on the ML at some point over the next several months. Again this is nothing more than an educated guess from someone who has followed the industry for many years, but if I was in the market for an ML 350 and I wasn't in a hurry I might be inclined to wait.
The GLs are a different animal than the MLs. There's a ton more cash on 2012 GLs, so dealers will be able to discount them more heavily.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Do you have the numbers for 12 ML550s for MF and residuals for 24 and 36 months respectively? And is there a difference btwn the 10k and 12k miles per year on those numbers?
Thanks!
Mercedes-Benz Financial's September buy rate lease money factor and residual value for a 24-month lease of a 2012 ML350 4Matic with 15,000 miles per year are .00150 and 62%, respectively for consumers who qualify for its top credit tier.
The numbers for an otherwise identical 36-month lease are .00150 and 52%.
The numbers for the 2012 ML550 are .00160 / 56% and .00160 / 48%.
The numbers for the 2013 ML350 are .00160 / 64% and .00160 / 54%.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Don't mean to be annoying here, but I'm still just a bit confused.
It appears by your posts that a 2013 ML350 4Matic and a 2012 ML550 4Matic both have a MF .00160.
But I'm looking for residuals for 24mo and 36mo leases for the above vehicles for 10k and 12k miles per year, not 15k. If your residuals above are talking about only 15k miles per year, do you have the residual numbers for both monthly terms for 10k and 12k miles per year respectively?
On the 2012 ML550 4Matic I'm looking at, I'm getting quoted a MF of .0020 and a residual of 58% for a 24mo lease... looks like they are padding the numbers a bit, right?
Thanks!
At any rate, I do really like the sales guy we are working with right now, so I'll probably move on to a 2013 ML or GL at this point. I've been quoted 3 different MFs on the 2012 ML550: 0.0024, 0.0020, and 0.0019 by various people, leading me to believe it's even lower than the 0.0019. I don't know what to believe. Most of the stuff on the internet is saying it is 0.0016 for the remaining 2012s. Also, the residuals are RIDICULOUS: for 12k miles per year for a 24mo lease is 58%, and for a 36mo lease, it's 50%. That ML550 may just sit there and continue hemorrhaging the lot in that case, I guess, unless someone decides to pay cash or finance it. Oh well.
My experience with going after (potentially) a MB has been interesting at least. When I've leased Bimmers in the past, it was easy to find MFs and residual values online monthly and know when dealerships where trying to add frosting to the cake. Oh well... I may just move onto another luxury brand.
Car_Man, if you are still following this thread, I'd love to hear if you can corroborate any of the numbers in the paragraphs I've written above in this post.
Any word on the 2013 ML350 4Matic September Lease rates (mf and residual) for a 24mo and a 36mo and 12k a year yet? You did post a while back that a 24 mo lease and 12k miles/year on a 2013 ML350 "The numbers for an otherwise identical lease of a 2013 model are .00160 and 66%." Did you mean for the 2wd or 4wd versions or doesn't it matter?
I'm still waiting to hear back from the dealer about the mf I'm willing to use for the '12 ML550 I'm looking at (I'll only accept 0.0016 at this point because have gotten too many wishy washy answers, and I'm finding 0.0016 for the 2012s on many of the websites). Residual on it is still less than to be desired (58% on 24mo and 50% (huh?!?!) on the 36mo).
Sorry, I've posted this twice. I realized that I "replied" to the someone else instead of you the first time....
Any word on the 2013 ML350 4Matic September Lease rates (mf and residual) for a 24mo and a 36mo and 12k a year yet? You did post a while back that a 24 mo lease and 12k miles/year on a 2013 ML350 "The numbers for an otherwise identical lease of a 2013 model are .00160 and 66%." Did you mean for the 2wd or 4wd versions or doesn't it matter?
I'm still waiting to hear back from the dealer about the mf I'm willing to use for the '12 ML550 I'm looking at (I'll only accept 0.0016 at this point because have gotten too many wishy washy answers, and I'm finding 0.0016 for the 2012s on many of the websites). Residual on it is still less than to be desired (58% on 24mo and 50% (huh?!?!) on the 36mo).
If your credit is in excellent shape, it looks as though the dealer that you are working with is attempting to mark your truck's money factors up to add additional, back-end profit to your deal.
Mercedes-Benz Financial's residual values for leases with 12,000 miles per year are 2% higher and its residual values for leases with 10,000 miles per year are 3% higher than the 15,000 mile per year residuals that I mentioned.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum