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I appreciate the warning. I looked up the reliability history in Consumer Reports and saw what you were saying. However it also showed that MB turned it around after '06. I then looked up the Edmunds reliability rating and it seemed a little more critical, but I looked up the MDX as reference. After averaging the scores I was surprised to find the 2009 ML beating the 2009 MDX in IQR-Mechanical (3.5 vs 3.25).
I hope the reliability ratings are themselves reliable!
MSRP 51425
Lease 3yr/ 30k
Total Drive off: $0 -- no tax, acquisition, cap cost reduction etc.
Monthly Payment: $605 inclusive of all taxes
Residual 53%
I hope this sounds like a reasonable deal. Let me know. I hope this helps give some of you an idea of what deals are going for in Los Angeles
Went for a 2010 2WD with P1 package. With the 2K MB incentive, all I got was 2K UNDER invoice. The money factor was NOT what was posted here, The first offer was $879 per month!!! With 3K drive off. 50% residual, 36month lease at 12K miles per year, After almost throwing up, it got lowered to $769 (inc tax) once I removed the P1 package. Still 3K drive off.
Once I got up to leave, it magically reduced itself to $679... but still the 3K drive off.
What the hell am I doing wrong here? I'm sharing all the info I gather on these forums, and they don't match the money factor nor do they go anywhere near 6-10K BELOW invoice.
HELP! I'm in Northern California.
2nd deal I tried was with leaseoutlet.com in Southern Cal...
2010 ML 4WD P1 package
4K below invoice (46300)
644.74 plus tax=697.93 total monthly payment
2261 drive off, which he lowered to 1200 after I told him no way.
HELP!!!!
I posted this in the buying and leasing experience thread too..sorry if you're reading my drama twice.
The MB website has the ML350 4matic w/premium package 1, heated front seats & destination charge for $519 (MSRP $53,765). It requires cash up front of $5,094 for $3,750 cap cost reduction, $795 acquisition fee, and first month $519. To through the cap cost red and acq fee in the monthly payments should be around $80 more. This would bring you up to about $600. The ML350 w/o AWD was $499/mo.
He is telling me the So Cal gal on this thread didn't get the car at the 605 tax included price for a P1 AWD. He is telling me that there is NO way. So, So Cal gal... let me know what dealership in So Cal and who you dealt with, and I'll get it down there
I got 600/mo (+tax) 36/12K lease on a 57+K sticker with no money down/cap cost reduction and only the first month payment as drive off (see my post #494 above).
For what my 2 cents are worth, the whole auto industry sales business model sucks big time. There should be just one price and one deal from the manufacturer and the only difference should be what you would pay for financing based on your credit score.
Right now, from what I read on these forums, is that the whole thing is a game that the manufacturers support, to see how much the dealers can scam the customers. I guess it wasn't enough that we had to pass a law to stop dealers from crooking customers and put full disclosure window stickers on new cars!! (1958, Monroney's law).
I was happy with my deal because I got a great price after making an informed decsion based on the great information from these forums. Ok, so maybe I got lucky with the dealer also, but I'm just glad it worked out the way it did for me.
Wish all future buyers good luck with getting a great deal, and that they feel happy with their purchase and enjoy the ride.
It's not that simple as it sounds, because there is already one price from factory - MSRP. But if all Dealers had to sell at the same price - there would not be any competition between them. As a result: there would be fewer Dealerships, higher prices, less sale and almost no special deals, because Dealers would care less about your budget. There would be a lot less employment opportunities. Right now, the auto industry is #1 overall employer in USA.
In Europe - they have fixed price. As a result: there is no competition. If you go to Dealership: there is no car in stock - you have to order and wait months. You can't test drive! Salespeople are minimum-wage order takers etc.... The whole system sucks.
Mercedes-Benz does not own any Dealerships in the United States - unlike GM, Chrysler and Ford, where majority of stores are partially owned by factories. I think they own only 1 store MB of Manhattan. Everything else is the private enterprise. So they can't force them how to do their business. They can only suggest pricing.
Believe me - you don't want to change the system. All you need is once in the while do some negotiating.
Hope it helps.
samb71@gmail.com
I just picked up my car yesterday..
sticker was 56425
payment is 649 including tax for 10/36
This deal included the full $2000 lease cash which many dealers around me were not willing to go for.
But for example, if you show FL residence to take advantage of their pricing - but will drive your car in TX, than you'll have out of state plates. Lease will give you a lot of troubles.
Purchase is straight forward. You can drive with the out of state plate and replace with local when they expire.
Talk to the Sales manager and reference the Palladium/Black sale on Nov. 18 to Khan.
I signed a lease last weekend for a 2WD, black, with P1 in SoCal and wanted to share the numbers in case it helps anyone:
MSRP: $50,525
Cap Cost: $44,352
Residual: 52% (3yr/36k miles)
MF: .00054
It's sitting in the garage for a few more days until I return my old lease, a beloved Lexus IS 250 which I'm sad to let go of
Good luck out there!
I am looking to get some success stories from leasing a 2010 ML 350 AWD in Pennsylvania. My wife really loves the car and I want to hear some figures so I am ready with ammo when I begin the negotiation process.
This is my third time negotiating with car dealerships and I've used this forum in the past and I found great results. Looking to do the same again...
Thanks.
No luck finding such a car.
I was looking for a capri blue one/ cashmere interior or white/cashmere.
I'm told that no such car exist. Why advertise it then?
Anyone actually able to lease a car that fit the "mercedes winter event" deal?
Also, if similar car is found in another state, am I supposed to pay for the shipping fee?
Thanks for emailing really fast.
I have contacted through email 2 dealers (in Tulsa and OK City) and they both said no capri blue with such low options built in were available.
Since the lease I'm looking at is only for 10,000 miles I can't realistically go pick it up anywhere else, without putting too many extra miles on it right away.
I have a question about the advertised deal here, wondering if everyone else has a better deal than the one I found on the MB usa web site.
I finally got one of the 2 dealer say that he found a white one (I much prefer blue though),with no other options other than premium pkge1 and heated front seat, but I have to pay an extra $600 to deliver at his dealership.
Then the deal offered is: $519/month,
3750 down payment
795 acquisition fee
519.66 1st months payment
5064.66 total
Plus
Tax title tag doc fee and shipping (here's where I find the extra $600 shipping fee) totaling $2755.16 for a grand total of $7819.16.
When I read the forum, I notice that no one else is paying a down payment, although even on the advertised deal on MB usa, it does mention the $3750 down payment.
So, is the advertised deal a good lease deal or should I just forget it and give up on leasing the car for now (we were only exchanging the R350 for an ML because the R350 isn't 4matic, and because we thought the ad was a good deal).
Please help me decide fast as the dealer is pressuring me to tell him right away yes or no to ship the white car he found.
Your help will be very appreciated.
PS: love my R350.
I was a part of the mass email group that formed about 2 weeks ago for people in NY looking for this truck. I shared my experiences with the dealers with these people, and then shared with them the details of where I ended up getting my car.
Don't write fraudulent things about me. I know what the truth is, and anyone I passed information along to knows as well. At the end of the day it doesn't matter where you get your car , as long as you get it and a good deal.
Also, They told me that the capri blue/cashmere car exist, however they said that all the capri blue ones in the US right now have way more options and wouldn't qualify for the advertised deal (only including premium pkge 1 and heated front seats).
I really don't want to pay more than the $519/month and don't particularly care about any other options (although I love the parktronic on my R350 and would love to have that thrown in, like they did last time when I got the exact advertised lease deal, plus parktronic, ipod cable, and metallic paint for free).
How did you find the one in Benton, I can't see their inventory.
Also, do you know how equipped it is, since I really want only the minimum.
Thanks again for your prompt response.
BTW, is the advertised lease a good deal you think?
I guess it would make sense if I were to trade lease early again at the end.
Do you know how much the monthly payments would be then (or tell me how to calculate it)?
I'm really disappointed this deal is only for base paint though and they refuse to apply it to metallic paint, unlike what I got last time.
Also, I've always loved this car in capri blue, and compromising on color really leaves a bitter taste in my mouth.
But if you tell me that it's a good deal (BTW, it's a 36 month lease,10,000 miles/year for that $519/month price), then I don't feel as bad.
Thanks again.
PS: 26 months ago, when I leased my R350, the forum was really dead and it took 2 weeks to get any reply, so this time it's nice to get answers within an hour!
The R350 isn't as popular obviously, although it's a fabulous car and I needed the room for a full size cello, a 3/4 bass and 5 people, it was perfect.
Plus it's gorgeous!
Ml 350 15k miles 36 mos -- rv 50% mf .00054
ml 4matic 15k miles 36 mos--rv 50% mf .00035
That was for november -- may still be in effect. Since you are only getting 10k miles per year than the rv should be 1-2 points higher.
that advertised mb deal is NOT good. Let my tell you why, you should stay with your R-class. putting 5k down and paying 519 a month is a ripoff.
The deal states the the purchase price of the car advertised is $49,990. meaning There is onl a 4k reduction from msrp. But you have to keep in mind, there is 2k lease cash available. So that means your ONLY getting 2k off on a 54k car?!! come on, that dealer your working with, is clearly trying to take advantage of you. Who would only settle for 2k discount from msrp on a 54k car, that is 5yrs into prodcution?
keep your R, unless you can manage around 8k off msrp, which others have quite easily around the country, dont bother getting it. Just keep your R. Its now a GREAT time to lease an ML, because of the low low mf of .00035, but if your not getting a solid discount from msrp, dont even think about it. On that advertised model, you should be aiming for low 5's with less than 1k due. The dealer is trying to take advantage of you, because he knows you want a blue one, and in a time-crunch to not pay another lease payment. If i were you, id go on autotrader, look up new models. Find those dealers, call them. Tell them you want 8k off, knowing there is 2k lease cash. I'll bet you, you'll find a taker, just keep at it. Majority will laugh saying, its not possible, blah blah blah, f**k them. keep searching, your not far from dallas. there are aggressive dealers there, drive your R, turn it in, drive the ML home.
The dealer who wants you to pay 600 to bring the car in, on top of the horrid deal he wants you to accept, is seriously trying to rip you off. please DO NOT do that deal.
Can you figure out the monthly payments if the down payment was rolled in?
Thanks again
I think I may take you up on it.
Only thing is do you think there will be another good time to lease the ML 4matic before May 14th?
I would try to call around, especially Dallas to get a good deal right now but I don't think there's enough time until my payment is due, the 14th. And the dealer said that if I pay for the upcoming month on my R350, then return it on, let's say the 16th, they can't reimburse me or apply that towards my 1st month payment for the ML.
So he told me it had to be done on the 14th and by January 14th he said the "winter event" would be over and I would get a worse lease.
BTW, the car he's willing to get me isn't the blue one but the white one, they won't budge on the metallic paint, he said the advertised deal is only for the black or the white.
Before calling this dealer in OK City, I called another dealer in Tulsa since I live one mile away from him, and he said the same, deal is only for the black or white one. Plus they said they have no car with such low options, only loaded ones and not willing to get one here for me.
I just wish my R350 was AWD since I realised I really need it whenever it snows here (we live in a super steep subdivision).
On the plus side, I'm still completely in love with my R350 and really only want the blue ML, not the white one so I think I'll email the dealer that i'm not interested anymore.
Just let me know your thoughts when there will be another good time to get an ML.
This whole thing has disgusted me a bit from leases.
I thought it would be great to always get a nice new car every few years, but now I'm reconsidering since every time it involves lots of stress dealing with sales guys.
Thanks a lot.
Only thing is, can you negotiate a deal if you order a car, aren't you stuck with awful deals then?
I'll probably have to come back here for help with that when the time comes.
My lease will be over in May, how long does it take to order a car? Just want to make sure I would get it on time.
Thanks
Just want to know for next time.
Also, are you supposed to bring the car you are turning in to the same dealer you got it from or can you bring it to any MB dealer?
Finally, in the spring should I try to negotiate with dealers or those lease brokers like leasebytel or some other names?
I would be lying/misleading you if i told you leasing was going to get better or worst, cause quite frankly, NONE of us know, not even the dealers. It changes on a monthly basis, but i honestly can't imagine the MF can't getting any better tho, because .00035 is dirt cheap. What could happen is, MF could go up, but the rebate may increase. So its always a gamble, but with ML really being one of there volume cars, there will always be a deal to had, if you negioate hard enough.
you can return your R class to ANY mb dealer, dont let them tell you otherwise.
As for the 14th deadline, you know, if you can wrap something up by the 14th great, but so what, pay another month, your going to get yourself another month. The winter event goes till the 4th of january. So if you paid another month, your out 10days worth of leasing, in the big picture, thats nothing at all. dont let these dealers stupid tactics get to you. The ML is a volume car, and you should be working from INVOICE, not msrp. The best way I can tell you to approach other dealers is, do an email blast all over texas and sorrounding areas. Be very brief and adamant on the amount you want off, the moment they sense your vulnerable, they will take advantage of you.
As for waiting till may, it gives you plenty of time to search, MB has that lease accelerator everyyy month the last 4months, so dont sweat it. If its any indication to you, Last july/august, the ML gas version had a 6k rebate, and diesel had a 8k. As the summer starts to roll around, new model year coming, these cars rebates go up. winter demand for suv's go away....its buyers market.
It seems your really doing your homework and asking for hlep, come back to these forums, were all here to help. dont sign anything unless your comfortable and see what others are paying.
I certainly will come back for help and will keep the January 4th deadline in mind, as you are right that 10 days extra on the R350 wouldn't be a big deal if I get a great deal on an ML.
And thanks for wisely mentioning about the demand for 4WD being lower in the spring.
I'll "cast a wide net" over Dallas, ask for 8K under msrp and low monthly payment and go from there.
So glad I found such a helpful place.
I was really stressed out today, feeling that I was being taken for a ride, but the dealer acted really outraged when I told him so, so now I feel vindicated.
Great big thanks to all.
What do you think would be a good deal for the monthly payments and the down payment required? Just FYI, I'm looking for the capri blue, premium package 1, heated front seats, parktronic, so MSRP of 54,535.
Can I/should I roll the title, taxes...in the monthly payment?
Finally, when is the good time to get a good deal? would it be better to wait 'till Dec. 20th to start looking around Dallas (and still take advantage of the "winter event".
BTW, if anyone can recommend a great sales guy for this deal it would be helpful.
I'm just hoping to email them what I hear here is a good deal and they would offer me the same. Negotiation will have to be done through email only, as I live in Tulsa, not Dallas, do you think that can happen?
I was told here to try and get $8k off from MSRP, however when I look at the price with options on Edmunds, it shows that what other people are paying for it right now is only $1k less than MSRP? I tried to change the zip code from Tulsa to Dallas to see if it would change but it didn't, still showing TMV at only $1K less than invoice.
So suddenly the $4k less than MSRP I was offered, the advertised lease on MB USA web site (with $5,064 down) doesn't seem so bad (other than the dealer charging me $600 to ship the car, plus the fact that it's not the color I want).
What am I missing?
All I want is to not get fooled, and get a fair lease, I'm not after ripping off the dealer.
Help me please so I can know exactly what to ask for in my mass email to dealers in Dallas.
I really hope to find a capri blue 4matic, P1, heated front seats and possible appearance package, no other options really but would accept running boards, 36 months and 10k miles/year.
Finally, if need be, if I ask the dealer to get a car for me, am I supposed to pay for the shipping fee? I kind of thought that the acquisition fee was there for that.
I never seem to be good at negotiation even whenever I show all the informations I found to the dealer, they tell me it's all wrong (and even sometimes that I'm just an idiot!) so I want very secure informations to make my case.
Thanks for the help
I spoke to Chuck who was recommended by VHCAD. He took my information and said that he will get back to me with my numbers and I never heard form him again. He does not answer on my phone calls either. Did anyone had the same story here?
In your case, because you are looking for a certain color and equipment, the first thing you should focus on - is to find the car you like (before any negotiating takes place). Negotiating itself is a second step. This approach will save you time and stress.
You can contact any nearest or furthest Mercedes-Benz Dealers and ask if they have this particular car in stock here: Contact Any Mercedes-Benz Dealership in USA
I did check on Autotrader.com for the Dallas dealers and it looks like there's only one blue one, and it's equipped way more than I want.
I guess I'll have to settle for a white one anyway, like the one the dealer in OK city was going to bring (but for $600 on my part).
But the white one is also in short supply so I'm not sure I'll get it for much MSRP discount. As I said, when I entered the Dallas Zip code on Edmunds, in the "TMV: what others are paying" it showed that everyone is only getting 1K down from the MSRP.
So perhaps the deal that I let go, which was the advertized one, almost $4k down from MSRP, but with $5,064 down payment (plus shipping fee, $600, plus taxes, title...another 2k) wasn't too bad.
Anyway, I was really tired of the sales guy so I'm not to sad I let it go.
But I'm not so sure I'll get anything better in Dallas anymore, after seeing this Edmund.com price stuff.
I wish someone had just gotten a great lease in Dallas and would let me know about it and the name of the sales person!