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2015 Mercedes-Benz M-Class Lease Questions

ClairesClaires Chicago areaPosts: 1,222
edited May 2015 in Mercedes-Benz
Welcome to Edmunds discussion dedicated to 2015 Mercedes-Benz M-Class leasing questions. Here you can find and discuss all the latest lease details for the 2015 M-Class, including cap costs, money factors, residual values, acquisition fees, etc. Please post any leasing questions you have, or any details you’d like to share about your own lease deals.

You can also research local dealer inventory and pricing, reviews, features, and specifications on Edmunds 2015 Mercedes-Benz M-Class page.

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Comments

  • alijeealijee Posts: 13

    Hey guys, so my ML 350 RWD 2015 pre order should be arriving in 5 weeks as the dealer tells me.
    I would like MF and residuals on 12k/15k for 36 months on both the 2014 and 2015 ML350 RWD for August so I can see what the difference will cost me.
    Thank you in advance

  • MichaellMichaell ColoradoPosts: 121,371

    @alijee said:
    Hey guys, so my ML 350 RWD 2015 pre order should be arriving in 5 weeks as the dealer tells me.
    I would like MF and residuals on 12k/15k for 36 months on both the 2014 and 2015 ML350 RWD for August so I can see what the difference will cost me.
    Thank you in advance

    August numbers probably won't be available to us until early next week, unless we get lucky and get them on Friday.

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


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  • alijeealijee Posts: 13

    @Michaell Thank you, I will wait and watch closely for Tuesday!

  • alijeealijee Posts: 13

    @alijee said:
    Hey guys, so my ML 350 RWD 2015 pre order should be arriving in 5 weeks as the dealer tells me.
    I would like MF and residuals on 12k/15k for 36 months on both the 2014 and 2015 ML350 RWD for August so I can see what the difference will cost me.
    Thank you in advance

    Hey guys its Tues! wondering if there are any updates?

  • kyfdxkyfdx Everywhere, USAPosts: 127,900

    Sure... what model and term/mileage?

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

    Edmunds Moderator

  • alijeealijee Posts: 13
     Hey guys, so my ML 350 RWD 2015 pre order should be arriving in 5 weeks as the dealer tells me. I would like MF and residuals on 12k/15k for 36 months on both the 2014 and 2015 ML350 RWD for August so I can see what the difference will cost me. Thank you in advance
  • kyfdxkyfdx Everywhere, USAPosts: 127,900

    @alijee said:
     Hey guys, so my ML 350 RWD 2015 pre order should be arriving in 5 weeks as the dealer tells me. I would like MF and residuals on 12k/15k for 36 months on both the 2014 and 2015 ML350 RWD for August so I can see what the difference will cost me. Thank you in advance

    2014: .00103 MF and 54%/52% residual

    2015: .00137 MF and 55%/53% residual

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

    Edmunds Moderator

  • mattc123mattc123 Posts: 14
    edited August 2014
    Trying to get a 36/mo lease with 12k miles with ZERO down for $900 on an ML350 66k MSRP for $62k...is this possible?
  • mattc123mattc123 Posts: 14
    Will dealers negotiate the residuals or are they set firm by Mercedes? If that's the case, then we can only negotiate the car price and money factor?
  • mattc123mattc123 Posts: 14
    Also is this info just on RWD ML's?

    2015: .00137 MF and 55%/53% residual

    What would it be for 4Matic's?
  • mattc123mattc123 Posts: 14
    So I guess that's a no...adding tax would put me at $950 or so...sounds high for an ML. Thanks!!
  • kyfdxkyfdx Everywhere, USAPosts: 127,900

    @mattc123 said:
    Will dealers negotiate the residuals or are they set firm by Mercedes? If that's the case, then we can only negotiate the car price and money factor?

    Residuals are set by Mercedes Finance.. Base money factors can't be reduced, but dealers will mark them up for extra profit.

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

    Edmunds Moderator

  • kyfdxkyfdx Everywhere, USAPosts: 127,900

    @mattc123 said:
    Also is this info just on RWD ML's?

    2015: .00137 MF and 55%/53% residual

    What would it be for 4Matic's?

    MF is .00135 for AWD... residuals are the same.

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

    Edmunds Moderator

  • mattc123mattc123 Posts: 14
    Ok I just spoke with Mercedes of Chantilly, VA...here's what they quoted me:

    2015 ML350 4Matic
    MSRP $66k
    Sale price $61k
    36 month lease
    12k miles per year
    Residual 50%
    0 down except 1st payment
    $1,080/mo
    .0015 money factor

    The 50% residual is bad right?? That's killing the payment...they said they're estimating the residual but I need to come in and meet them.
  • kyfdxkyfdx Everywhere, USAPosts: 127,900
    edited August 2014

    The residual can't be correct.. It has to be 55% for 36mo, 12K/yr. It's possible they are marking up the money factor for extra profit, or possibly to waive a security deposit, as the base MF is .00135.

    Not sure what your taxes are like, or what else they might be rolling into the lease to get to $1080/mo., but that looks at least $150/mo. too high....

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    Edmunds Moderator

  • mattc123mattc123 Posts: 14

    Taxes are 6% in Maryland on the sale price...So I have to add about $4,000 to the financed amount (includes $350 title, registration, tags)...I would consider this lease at $850/month with zero down but not sure if I can get that anywhere...Thoughts? Thanks!

  • kyfdxkyfdx Everywhere, USAPosts: 127,900

    Doesn't look like you can come close to that number, especially given the MSRP of that unit and Maryland taxes.

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

    Edmunds Moderator

  • nvisichnvisich Posts: 2

    @kyfdx said:
    .00103 MF and 54% residual for 2WD... .00102 MF for AWD.

    Adding the $795 acq.fee into the CAP cost, the payment is $856/mo plus tax.

    Due at signing would be first payment, title/registration/doc fees.

    What are the MF and residual for both the 2015 ML350 4matic and ML400 4matic for:

    12k/15k for 30/36 months?

  • mszkmszk Posts: 7

    @kyfdx‌ , It looks to me that the MB website's advertised lease deal on ML350 has a MF of 0.001356 and residual of 56%? Is that correct? Would a different MSRP (e.g. 65K) change those numbers? Assuming taking the same MF and residual in the advertised lease deal, is it still common to get 6% off the MSRP as dealer contribution? Many thanks!

  • kyfdxkyfdx Everywhere, USAPosts: 127,900

    @mszk said:
    kyfdx‌ , It looks to me that the MB website's advertised lease deal on ML350 has a MF of 0.001356 and residual of 56%? Is that correct? Would a different MSRP (e.g. 65K) change those numbers? Assuming taking the same MF and residual in the advertised lease deal, is it still common to get 6% off the MSRP as dealer contribution? Many thanks!

    Without seeing the ad, it's hard to say, but it's most likely either .00103 MF or .00102 MF, depending on RWD or AWD.. Residual for 36mo, 10K/yr is 55%.

    The money factor and residual are constant, regardless of MSRP. Discounts should be similar for higher MSRP units, when looked at from a percentage basis.. You should be able to take the advertised deal and extrapolate the payment for a higher MSRP, as long as you increase the upfront money by a like percentage...

    That said, you can usually do better than the advertised deal, though most dealers will probably offer a deal that is initially worse.

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

    Edmunds Moderator

  • mattc123mattc123 Posts: 14
    Just saw the new ML400 comes with most of the options I want on the ML350...premium package, ambient lighting, premium leather, 4matic, sport package, Harmon kardon, etc...and more...Price would be 68k...any chance of getting this car with zero down (other than 1st payment) for $850/month? Maryland sales tax 6% up front (so $4k with registration). Want 3 or 4 year lease with 12k/year
  • kyfdxkyfdx Everywhere, USAPosts: 127,900

    @mattc123 said:
    Just saw the new ML400 comes with most of the options I want on the ML350...premium package, ambient lighting, premium leather, 4matic, sport package, Harmon kardon, etc...and more...Price would be 68k...any chance of getting this car with zero down (other than 1st payment) for $850/month? Maryland sales tax 6% up front (so $4k with registration). Want 3 or 4 year lease with 12k/year

    Not a chance... the new ML400 lease program is worse than the 2014 ML350.

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

    Edmunds Moderator

  • nickosnickos Posts: 20

    Anybody in nyc get any nice lease deals? Looking for 2015 ml350 4matic 30 months 12000miles a year. Zero down just first month payment. And what would MF be and RV be for this SUV? Should I wait for winter event in December? Thanks

  • mszkmszk Posts: 7

    Thank you, @kyfdx‌ . That's helpful.

  • mattc123mattc123 Posts: 14
    This may be a stupid question but… Is the residual value calculated off the MSRP or the final sale price?
  • mszkmszk Posts: 7

    I plan to order a 2015 AWD ML350 and the dealer said the car would arrive in Oct. Are the RV & MF configures based on when the car arrives or when the order is placed? Does Mercedes often changes its RV & MF over a couple of months? Many thanks!

  • MichaellMichaell ColoradoPosts: 121,371

    @mszk said:
    I plan to order a 2015 AWD ML350 and the dealer said the car would arrive in Oct. Are the RV & MF configures based on when the car arrives or when the order is placed? Does Mercedes often changes its RV & MF over a couple of months? Many thanks!

    Usually it's when the car arrives at the dealer and the paperwork is drawn up.

    MB has updated their numbers every month; hard to say what they will look like in October.

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


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  • mszkmszk Posts: 7

    Thanks very much, Michaell.

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