Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Did you get a great deal? Let us know in the Values & Prices Paid section!
Meet your fellow owners in our Owners Clubs

2014 Mercedes-Benz M-Class Lease Questions

245

Comments

  • I am getting MF of .0015 and residual of 65% on 30 months. Same MF but 64% residual on 36 months. 4Matic/10k miles. Better residual but worse MF than what you posted above. Any ideas on why they are different? I thought MB set these. Getting the .0132 MF with those residuals would be ideal but maybe pushing my luck.

  • kyfdxkyfdx Posts: 130,977

    @pants18 said:
    I am getting MF of .0015 and residual of 65% on 30 months. Same MF but 64% residual on 36 months. 4Matic/10k miles. Better residual but worse MF than what you posted above. Any ideas on why they are different? I thought MB set these. Getting the .0132 MF with those residuals would be ideal but maybe pushing my luck.

    I show residuals as 63% for 30mo, 10K/yr, and 56% for 36mo, 10K/yr.

    Dealers can mark-up money factors, but can't alter residuals. I don't know where your dealer is getting his numbers. Don't be surprised if they turn out to be different, when it comes time to sign the paperwork.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • thank you carman. I will keep you posted.

  • porsche911c4sporsche911c4s Posts: 99
    edited February 2014

    Going to move forward on a deal, 14 350 awd gas, Msrp 56025. Neg 48750 with fleet.
    30mo, 15k. .00132 MF, and then autopay .00122.
    627 w/2600..due at signing first mo, taxes (rougly 8.5%) dmv. Acquistion rolled in

  • kyfdxkyfdx Posts: 130,977

    Congrats on the new vehicle!

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Thanks ky! It was due to your help!

  • dogeyedogeye Posts: 9
    edited February 2014
    I got a lease quote and it's calculated with full tax added, is it right?
    Vehicle Price: $49,365.00
    Savings: - $4,651.00
    Vehicle Selling Price: $44,714.00

    Sales Tax (estimate): + $4,034.08
    Tag/Registration Fees (estimate): + $362.00
    Flat Add/County Fee: + $10.00
    Electronic Filing: + $29.00
    Smog Abatement Fee: + $20.00
    Documentation Fee: + $80.00
    Balance Due (estimate): $49,249.08

    Cash Due 30 months 10,000 Miles 36 months 10,000 Miles
    $0 $711 $713
    $1,500 $652 $664
    $3,000 $598 $619
  • kyfdxkyfdx Posts: 130,977

    I calculate a price of about $10/mo. less.. but, that's pretty close.

    Your tax seems awfully high, though. What state?

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • dogeyedogeye Posts: 9

    CA. :-( I thought sales tax for lease is only applied to part of the sale price, i guess i mis-understood this part. They rolled everything into payment for the first option, that's why it is off my calculation. Thank you for your help.

  • kyfdxkyfdx Posts: 130,977

    California taxes the monthly payment, and collects it the same way (monthly). It isn't paid upfront, or added into the CAP cost.

    Sometimes, they'll still have an "estimated tax" line on the form, but that isn't used in the calculations.. So, given that, your payment seems a little high.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • dogeyedogeye Posts: 9
    I see... Thought dealer was trying to trick me. :) yeah, the offer is not that great anyway, will keep looking. Thank you
  • darksilkxdarksilkx Posts: 12

    Hi kyfdx, do you have the March numbers in yet? I am looking at an ML350 Bluetec 15k miles. Looking at 27, 30, or 36 months depending on the sweet spot. Thanks for all your help.

  • darksilkxdarksilkx Posts: 12

    Forgot to add both money factor and residual would be great. Thanks.

  • kyfdxkyfdx Posts: 130,977

    @darksilkx said:
    Hi kyfdx, do you have the March numbers in yet? I am looking at an ML350 Bluetec 15k miles. Looking at 27, 30, or 36 months depending on the sweet spot. Thanks for all your help.

    Standard money factor and 59% for 36mo, 15K/yr lease. That looks like the best value term.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • dogeyedogeye Posts: 9
    Residual for ml350 2w dropped for March ? I got a quote with only 55% for 36 month. 10k lease
  • kyfdxkyfdx Posts: 130,977

    @dogeye said:
    Residual for ml350 2w dropped for March ? I got a quote with only 55% for 36 month. 10k lease

    That's correct.. 55%

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • xhlar8cfxhlar8cf Posts: 14
    Kyfdx - is the residual the same for the gas ml350 vs ml 350 bluetec for March? 15k miles with what mf for 36 mo lease thanks!
  • kyfdxkyfdx Posts: 130,977

    @xhlar8cf said:
    Kyfdx - is the residual the same for the gas ml350 vs ml 350 bluetec for March? 15k miles with what mf for 36 mo lease thanks!

    .00116 MF and 52% residual for Gas

    Standard money factor and 59% residual for Bluetec

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • xhlar8cfxhlar8cf Posts: 14
    Thanks Kyfdx! Does that include the 4matic? Assuming it goes up by two decreasing mileage? 52 = 15k and 54 = 12k and 56 = 10k. Thanks again!
  • kyfdxkyfdx Posts: 130,977

    @xhlar8cf said:
    Thanks Kyfdx! Does that include the 4matic? Assuming it goes up by two decreasing mileage? 52 = 15k and 54 = 12k and 56 = 10k. Thanks again!

    Add 2% for 12K/yr, add 3% for 10K/yr to adjust from 15K/yr.

    The only change for 4Matic on the gas version is an MF of .00114

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Smartinez24Smartinez24 bronx, NYPosts: 24

    [email protected] may i have the MF and RV for a 14 ml350 and ml bluetec 12k miles and 10k miles for 36 months.
    thank you in advance

  • kyfdxkyfdx Posts: 130,977

    @Smartinez24 said:
    [email protected] may i have the MF and RV for a 14 ml350 and ml bluetec 12k miles and 10k miles for 36 months.
    thank you in advance

    ML350: .00116 MF and 54% residual

    ML BTC: Standard money factor and 61% residual .

    Add 1% to either for 10K/yr.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Smartinez24Smartinez24 bronx, NYPosts: 24

    @[email protected] said:
    Add 1% to either for 10K/yr.

    thats what i don't know, the standard MF. i was at a dealer today and he stated that the MF from the gas was from .00116 to (blue tech) .00216. thank you in advance

  • kyfdxkyfdx Posts: 130,977

    The standard money factor is .00195-.00225 for the top two tiers... Subject to massive markups, if the dealer is so inclined...

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Smartinez24Smartinez24 bronx, NYPosts: 24
    Msrp 57,400 ml350 4matic
    36 months 10k
    3643.40 down
    695 a month.
    I'm in New York does this seem like a good deal?
  • MichaellMichaell ColoradoPosts: 124,680

    @Smartinez24 said:
    Msrp 57,400 ml350 4matic
    36 months 10k
    3643.40 down
    695 a month.
    I'm in New York does this seem like a good deal?

    Hard to tell .. we'll need the negotiated selling price, the money factor and the residual value. How much of the $3600 down is for cap cost reduction and how much for fees?

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • @Smartinez24 said:
    Msrp 57,400 ml350 4matic
    36 months 10k
    3643.40 down
    695 a month.
    I'm in New York does this seem like a good deal?

    I think you can do better. What was the negotiated price?
    My final deal at the last minute was
    Msrp 56025 ml350 4matic. Negotiated to 48,400 (I qualified for a fleet discount)
    30 months 15k.
    2600 due at signing
    613 a month.

    Took a bit of work. I am in NY also. How did you do on the negotiated price?

  • dogeyedogeye Posts: 9
    edited March 2014
    Just got car delivered yesterday. Ml 350 gas. Msrp 59k, sell price is 52k, 3.6k drive off with 1k down. 30 months, about 620/month including ca tax. MF 0.00116, Forgot to ask for autopay rate. :( Dealer offered 0.0016 at the beginning, then I said no deal, then they agreed on 0.00116. Almost walk away because feel sales was not very honest, but it's the perfect car we can find now, and current lease is ending in two weeks, so just went ahead. Went over contract very carefully, found over charge about $100 and asked for refund. Sales was upset saying we always gave back different calculation than his.... Got refund back, but thinking to complaint somewhere later. Complaint to mb headquarter ? Do they care?
  • MichaellMichaell ColoradoPosts: 124,680

    @dogeye said:
    Just got car delivered yesterday. Ml 350 gas. Msrp 59k, sell price is 52k, 3.6k drive off with 1k down. 30 months, about 620/month including ca tax. MF 0.00116, Forgot to ask for autopay rate. :( Dealer offered 0.0016 at the beginning, then I said no deal, then they agreed on 0.00116. Almost walk away because feel sales was not very honest, but it's the perfect car we can find now, and current lease is ending in two weeks, so just went ahead. Went over contract very carefully, found over charge about $100 and asked for refund. Sales was upset saying we always gave back different calculation than his.... Got refund back, but thinking to complaint somewhere later. Complaint to mb headquarter ? Do they care?

    If you're happy with the deal, I don't see where taking your issues to MB corporate will get you much. They may just turn you around back to the dealer. You reviewed the contract and found an overcharge - this could have been an honest mistake, or it could have been something slipped in. No way to know which.

    Enjoy your new M-class!

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Smartinez24Smartinez24 bronx, NYPosts: 24

    what is the residual on the ml350 4matic for 30 months. maybe i get a better offer that way. i have been going back and forth between the ml and the E class.
    thank you in advance

  • MichaellMichaell ColoradoPosts: 124,680

    @Smartinez24 said:
    what is the residual on the ml350 4matic for 30 months. maybe i get a better offer that way. i have been going back and forth between the ml and the E class.
    thank you in advance

    .00114 MF and 62% for 30 months/10K mpy

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • roblawroblaw Posts: 17

    For what it's worth I have been watching this string for a month or two seeing what is out there. I recently leased a 2014 ML350. I admit that (contrary to my normal OCD) I let my buddy lead since I was not really in the market for this car. I was considering an MDX or a new 2015 RX350. Given the prices he was showing for an ML it was in the same ballpark as an MDX which is nice but not as nice. My wife has an RX350 which was $587 per month in 2011 but probably would have been cheaper today. It is a decent vehicle but has mediocre seats and only passable interior quality. The ride, quiet and interior quality of the ML is materially better, but at 700 pounds more, it is less peppy and fuel economy probably will be poor.

    I got an ML350 AWD this week with all of the normal stuff, Pano roof, heated wheel and a few items totaling $59,820.00. I also had the USAA discount of $2000.00 (could have also used the ABA discount of the same amount but not both). A small note is that my buddy's law firm represents that dealership but my gut is that I could have gotten close to the same deal had I wanted to spend the time to fight for it.

    I admit that I did not get the lease factor but I am assuming it was not marked much or up at all. The cost was $1722 down (which was first payment and $1095.00 lease fee) and $629.00 per month on a $50.8k cap cost (including the $2k additional discount). This is a 30 month lease which I think Mercedes is supporting at this time. Now I went a little further and did the single pay because it dropped almost $1600.00 off the total payments and I was not going to get that return with the money in a mm account. So it looks like they gave about $7k off the list price including any incentives they received. Given that it looks like people are getting that without any special friendships at the dealership, it seems entirely dooable with some time spent. I will also admit that I did not shop this number because of my friend's relationship with the dealer and the belief that since I bill by the hour, the extra time investment would not have justified the extra time and stress.

    The overall experience was quick and easy and most of it done by email, again all time savers and if you are in the market for this car, your time has significant value. The delivery and paperwork took about an hour. Had I the time, the salesman (Jim Glanzmann) seemed amenable to ordering exactly what I wanted and if the numbers did not work out, they would just keep it in inventory. If the numbers work out in 30 months I may just do that.

    It was Euro Motorcars in Devon, PA.

  • Smartinez24Smartinez24 bronx, NYPosts: 24

    msrp 61.6k, 54.2k selling
    828 a month 3k down. also financed my 3843 i owed infiniti.
    are the numbers off? and should i do prepaid and how does it benefit me ? might sign this on friday all the help is needed thank you.

  • matts875matts875 Posts: 2

    Ok Need help here. Looking at leasing a ml350 bluetec and not sure if MF is correct or if Residual is right. here are the details. 36 months 12k year is 61% AND money factor is .00255 which seems extremely high. I am leasing at invoice cost. MSRP is 61680.00 invoice is 58163.00.Please let me know your thoughts. I know the Residual is suppose to be set but money factor seems to have been written up a bit. Credit is A tier perfect with previous MB leases before

  • kyfdxkyfdx Posts: 130,977

    @matts875 said:
    Ok Need help here. Looking at leasing a ml350 bluetec and not sure if MF is correct or if Residual is right. here are the details. 36 months 12k year is 61% AND money factor is .00255 which seems extremely high. I am leasing at invoice cost. MSRP is 61680.00 invoice is 58163.00.Please let me know your thoughts. I know the Residual is suppose to be set but money factor seems to have been written up a bit. Credit is A tier perfect with previous MB leases before

    The diesel uses MB's standard money factor, which has been .00195-.00225, so it looks like they are marking it up, which is typical. The residual percentage is correct.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • matts875matts875 Posts: 2

    That's what I was thinking about the money factor. Thanks for the answer. Might be better to purschase at the lower interest rates now than to lease.

  • darksilkxdarksilkx Posts: 12

    Leased a 350 Bluetec a week ago for approx $890 per month. MSRP was about 67500, got 10% off plus three years free maintenance. MF was .00214 after a lot of grousing (they started at .00255. 36mths/45k. No cap cost reduction, about 1800 out the door. Hope this helps someone.

  • darksilkxdarksilkx Posts: 12

    Many thanks to kyfdx for providing the benchmark data.

  • kyfdxkyfdx Posts: 130,977

    Glad we could help. Enjoy the new vehicle!

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • psid25psid25 Posts: 3

    What do you guys think of this 2014 ML350 4Matic lease?

    Lease Term: 30 months, 10K miles per year
    Payment per month: $601.23
    Money Down ($3500) - includes taxes, fees and first payment - no extra funds out of pocket
    Money Factor: .00114
    MSRP: $57,735
    Residual Value: $35,683.50

  • psid25psid25 Posts: 3

    ^ I am in NY

  • jjjrt2jjjrt2 Posts: 2
    Just closed on a 4matic with P1 (55,200 sticker). $620/month including tax, 12k miles, 30 month lease. $2500 due at signing. Great dealer in NYC area
  • ckvlmckvlm Posts: 3

    Hi all,

    Newbie here never leased a vehicle and not good at negotiating but really want this ml350 4matic. Location is central nj
    This is what we got
    Ml350, prem1 package, lane assist, running boards
    707/month, 2600 down payment if we give multiple security deposit it is going to be 649 month all for 30 month lease 12000 miles/year

    Another one is with all options $780/month and $2600 down 30 month lease 12000 miles per year. Is it a good deal how do we talk to make it less any input is appreciated. Any dealer suggestion is welcome

    Thanks

  • MichaellMichaell ColoradoPosts: 124,680

    @ckvlm said:
    Hi all,

    Newbie here never leased a vehicle and not good at negotiating but really want this ml350 4matic. Location is central nj
    This is what we got
    Ml350, prem1 package, lane assist, running boards
    707/month, 2600 down payment if we give multiple security deposit it is going to be 649 month all for 30 month lease 12000 miles/year

    Another one is with all options $780/month and $2600 down 30 month lease 12000 miles per year. Is it a good deal how do we talk to make it less any input is appreciated. Any dealer suggestion is welcome

    Thanks

    In order for us to evaluate your quotes, you will need to provide us with both the MSRP and selling price of the vehicle from both dealerships. Then we can run the numbers and let you know where things stand.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Hello all.

    Can anyone help me by providing the April Residual and MF for an ML350 in Texas? Assume 36 months. Interested in 12k AND 15k miles per year numbers.

    If there is a sweet spot OTHER THAN 36 months (e.g., 30 or 42) I would consider those.

    Thanks much!!

  • MichaellMichaell ColoradoPosts: 124,680

    @whichluxurycar said:
    Hello all.

    Can anyone help me by providing the April Residual and MF for an ML350 in Texas? Assume 36 months. Interested in 12k AND 15k miles per year numbers.

    If there is a sweet spot OTHER THAN 36 months (e.g., 30 or 42) I would consider those.

    Thanks much!!

    MF of .00116 for RWD, .00114 for 4Matic

    Residuals - 52% for 36 months, 15K. Add 2% for 12K

    Best residuals are probably at 27 months - 62% for 15K, 64% for 12K

    30 month residuals are 59% and 62%

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • ckvlmckvlm Posts: 3
    edited April 2014

    First Vehicle MSRP - $58,995 and selling price - $52,502

    Second Vehicle MSRP - $63,250 and selling price - $56,478

    Thank you

  • MichaellMichaell ColoradoPosts: 124,680

    @ckvlm said:
    First Vehicle MSRP - $58,995 and selling price - $52,502

    Second Vehicle MSRP - $63,250 and selling price - $56,478

    Thank you

    Thanks for this. Using the MF of .00114 for 4Matic and a residual value of 61% for 12K miles per year, I get a pre-tax payment of $651.38 for the first car (MSRP $58,995) and $704.89 for the second (MSRP $63,250). Both are with $0 down.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • ckvlmckvlm Posts: 3

    Thanks Michael. Now the difficult part is to get to those numbers with dealers here. How much percentage we should add for tax in nj

  • @jjjrt2 said:
    Just closed on a 4matic with P1 (55,200 sticker). $620/month including tax, 12k miles, 30 month lease. $2500 due at signing. Great dealer in NYC area

This discussion has been closed.