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2013 and earlier-Mercedes-Benz M-Class Lease Questions
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That edmunds TMV is soo wrong!! please, take the time, to READ the past 3 pages of this section. I stated to you already, the national ad is a bad deal. You can't get discouraged because of some jerk salesman.
There are plenty of deals to be had. These guys want to make the most profit, and you want the biggest off msrp. Either you win or they do. To suggest saying the national ad is a good deal, at 4k off is crazy. I mentioned to you, there is 2k in lease cash!! You should be working from INVOICE, not msrp.
But I'm a bit doubtful I'll be able to get a deal as great as what you suggest, even trying with the dealers in Dallas.
What would you suggest I ask in my mass email?
Do you give them your bottom price right away?
I'm looking at a car with very few options (P1, heated front seat, and hopefully nothing else other than possibly running boards) but it looks like it's really hard to find, they all have trailer hitch...options I don't care for (of course, I'd take them if they were given for free .
Not sure I'll be able to find a car with such low level of options.
I really would prefer to pay no more than mid 500/month.
What should I ask as far as the down payment?
PS: Since I'm not planning on getting the car until around the 27th, 28th of December, is it too early to contact dealers yet?
I should had that I contacted the dealer from OK city all the way back Nov.19th and during 2 weeks, all he said was: "i'm looking for one" so obviously if I want to close this deal before the "winter event" ends (with the great money factor) I may need some time!
I had no idea.
Here I was scrambling to make sure I'd take advantage of the winter event thinking that there wouldn't be anymore good deals until May, when I have to turn in my R350.
That's great to know.
Thanks, it would help me have a more relaxed holiday season, instead of the double stress of the season added to dealing with seriously unfriendly dealers.
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For an MSRP of $50,525, payments of $540 + tax with $0 cap cost reduction
Residual: 52% (3yr/36k miles)
MF: .00054
Add $2,000 cash to dealer.
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I guess they don't like small profits. I think I will stick with the XC90 R Design I have coming in.
MSRP - $55,885
Selling Price - $49,000
Miles - 10K per year
Monthly Pmt - $615
Drive Off - $1,600 (first month, bank fee, reg xfer)
Residual - 53%
MF - 0.00035
NY metro area. Picked up the car this week.
2010 ML350 4WD:
MSRP - $55,885
Selling Price - $49,000
Miles - 10K per year
Monthly Pmt - $555
Drive Off - $3255
Residual - 53%
MF - 0.00035
Long Island, NY
2010 Mercedes ML350 4matic - 36 Month – Residual 50% of MSRP – .00035 Money Factor
2010 Mercedes ML350 BlueTEC - 36 Month – Residual 52% of MSRP – .00096 Money Factor
Don't know about deals on BlueTEC.
I just have 2 quick questions:
when I leased my R350, the dealer told me that if at the end of the lease I leased another MB from him, I wouldn't have to pay the end of lease, returning fee (I think around $700).
Can someone tell me if that fee goes to the dealer or to MB, and therefore if I lease another MB (the ML) from any MB dealer, would this other dealer be able to wawe that fee?
Also, if a dealer doesn't have the car I want but says he can get it shipped to his dealership for a fee that he wants me to pay, should I agree or try to negotiate for him to take it off (seems to me that paying for destination fee is enough already and that shipping fee should be part of the charges incurred to dealerships anyway). Also, if the dealer doesn't have the car I want in his inventory, do you think I be able to negotiate a good deal?
Thanks for a prompt answer and wish me luck!
The dealer pays MB the destination fee as part of the cost of the car. No getting around this. The charge is the same for all dealers.
The dealer can charge an additional fee to locate the car you want, so take that into account when looking for the best deal.
You should be able to negotiate a good deal either way, excepting the extra charge (if any) for securing the car you want. Of course, the dealer would prefer you take a car he has in stock. Quicker and less hassle for him.
This dealer is 5 hours away from Tulsa, so will only consider driving there if it's a good deal.
Already asked if that is the best they can do but would like to have some feedback on it anyway.
Thanks
However, I would really like to have a 4WD to handle the snow and ice we sometimes get here (I live in a super hilly subdivision and 2 years ago got stuck at home for one whole week).
Also, Vchad pointed out that the 0.00035 Money Factor was incredible and may never be back again.
However, I have determined that unless I get the blue one, I will just wait until spring and cross my fingers that the same deals will be offered again, and that the stock for blue ML gets replenished .
What do you think of the deal I just posted? it is for a blue one, but again, it's 5 hours away from here
That's pretty easy to do since I'm really not looking forward to driving there and as I said still love my R350, except for the lack of 4WD.
They did just reply that 50K is their best price (from $56,015 MSRP) and I replied I'd really prefer $48,500 (read your reply about not getting back to them until after Xmas one minute after sending my request for $48,500!).
Anyway, if they turn me down, I'll wait until Xmas before trying one last time.
At least this dealer has the car in the color I want and are very fast at replying.
I really appreciate all the advice I'm receiving and know that whenever I get my lease it will probably be the best deal I could ever get thanks to this great forum.
Is this true? in which case I shouldn't consider waiting until spring then.
You should definitely look at the Lexus 350-Acura MDX -even the Acura Rdx if don't need a lot of room. The RDX isn't that much smaller than the ML and with awd thousands less. They should all be players in your choice -- go test drive them and see what kind of $ you will pay and if they will take your R.
I'm intrigued about your idea to have it delivered here for a fee (hopefully $100).
I was actually considering asking them to meet me on the way, halfway between Tulsa and Kansas City, but thought they would never go for that.
Is it possible to have the car delivered to me? What about the issue of switching lease and turning in my R350, using the lease loyalty program, how would that work? would they bring me the ML while driving away the R350?
Sounds ideal to me, so please let me know about it.
Thanks
I think I'll wait until the 26th (hopefully they'll have rethought the $48,500 offer, although I think they'll only agree to $49K) before asking them about the possibility of having the car delivered, and the R350 turned in.
I'd like to know right away if it's a possibility but don't want to sound to eager, otherwise, I'll be stuck at their $50K offer I think.
I don't know who the manager is, and feel weird just calling out of the blue and saying I'm not negotiating, just want to say happy holiday
But will follow your other advice and wait until after Xmas to contact them.
It seems you've really caught on to this whole car buying fiasco. Jayrider has given some very good avice. Keep in mind mercedes-benz promotion runs till january 4th. Its the End of the year....End of the Quarter. They will sell you a car, trust me, your phone will ring, you can bet on it. Stick to your guns, I mean be as cold-hearted as you can, you have to be strong with your price.
Now as for the 1775 extra discount you were saying, can you elaborate on that? it seems you have found something I have no clue on. thanks
All I'm saying: DO NOT over-negotiate. If you have a good deal on the color you want - take it and don't wait till the last minute.
It is true - the specials are until 1/4/10. But believe me: After 12/31/09 Dealers will not have any motivation to deal with you anymore, because the month and year is over.
But before you drive 5 hrs - you have to make absolutely sure, that they will not sell this car to somebody else while you are driving there. Because if somebody walks in and wants to buy it, maybe even pay good price for it - they will sell this car in a heartbeat. You have to complete the entire deal over the phone. They can fax you all the information including credit application. You can give them deposit by credit card over the phone. You can pay them for delivery. The delivery truck should cost about $100 - $200. Anyway you'll spend about $100 for gas, to drive back and forth. The truck will deliver your new ML and pick up your R to deliver back to the Dealership. In California, Dealers deliver cars home even if it's 5 minutes away - just ask...
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Mercedes-Benz is assuming a $3,750 customer capitalized cost reduction in its advertised lease for the 2010 ML Hybrid. Keep in mind though that it is in your best interest as a consumer to not put any money down when leasing.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
You can and should lease any vehicle that you're interested in without making any sort of capitalized cost reduction. The less money you have to pay at lease signing, the better.
This truck's lease payment will depend upon what sort of selling price you are able to negotiate. Look up the dealer invoice price of the exact model that you are interested in over in the New Vehicle Pricing section of this site and shoot for a selling price of $1,000 over or better.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Are the numbers the same for the 2010 ML350 2WD? (ie, .00035 money factor and 53% residual)?
Your help is much appreciated!
When negotiating your lease on this truck, make sure to take advantage of the $2,000 cash incentive that MB is currently providing on leases of it.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
My total MSRP with options is $ 56,675. What should be selling price for lease? Also need residue value and money factor in following conditions:
1. 36 months x 15,000 miles/year
2. 36 months x 18,000 miles/year
3. 39 months x 15,000 miles/year
4. 39 months x 18,000 miles/year
The following is the deal I got. I hope it helps others in the NJ area.
ML350, 4Matic, Black, P1 pkg, Heated Front, Running boards, Pre-Wiring, Wood/leather steering wheel. Plus 3 years scheduled maintenance.
36 months/12k mi. yearly
MSRP: $55,165 + maintenance (~$700)
Money Down (includes all fees/taxes/etc.): $5,000
Monthly (including taxes): $499
I can forward dealer information to those interested.
Thanks.
I'm ready to get this car. email is vinodc at gmail.com
thank you
Ron
How much did you put down above taxes and all fees? Did you give back another car as well?
Also, I forgot to mention in my original thread that I was eligible to receive up to $1500 fleet credit from my employer.
Thanks.