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2013 and earlier-Mercedes-Benz M-Class Lease Questions
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Is it a better deal to go with 33 or 36 months 15k miles/yr (I could manage 12k/year - if much better deal)? What is the money factor and residual on 15k miles? My dealership is aggressively clearing out 2011s because they are getting the 2012s next month. I'd really rather get a 2012 (better gas mileage) but I don't have the patience to wait for a deal on the 2012. Also, how do I take into account the $4000 rebate. :-)
Yes, that deal is out there. I got that from a dealership here in FL. Haven't bought yet, but the offer was there. This was without any special event. What special event are they running tomorrow? Is it national or local dealership event?
Scott
My beat offer is $499 per month, includes taxes, for a 33 month with 12,000 miles on a ML 350 BlueTec Diesl with Nav, Blind Spot, free maintenance for the lease and a few other options. Putting $4000 down. Don't yet know the numbers that make up this deal as I am just looking at a bottom line number.
I missed out on the Diesel, but got a RWD for $540 per month including taxes on a 33 month 15,000 mile lease with $2000 down. Pick it up on Wednesday.
My deal is supposed to look something like this for ML350 4MATIC:
MSRP $55,680
$46,844 negotiated price ($5,000 less than invoice)
33 months, 12k/yr
$503.36/month before taxes
Drive off payment was 1st payment + $156 ($0 down towards cap reduction) – title, license, registration and acquisition fees were rolled into the capitalized cost
Scott, it sounds like you got a better deal since your number includes tax and 15k miles/year instead of 12k. Thanks for your help! Hopefully, this will work out as expected when I sign the lease on Monday. I think I could have been more agressive on negotiating a better price vs MSRP. I hope at least this might help someone else negotiate a better deal. :-)
The Diesel deal was going to be the exact same deal as I got on the non diesel, so it would have been even better. It was a demo with about 5k miles on it, so they were willing to treat at the same as a RWD model. I did enjoy the short test drive I did have on a Diesel, I liked the better torque that it had and was looking forward to a little bit better gas mileage. But it was not meant to be.
Good luck with your signing tomorrow and post back the final outcome and how your new car feels!!
Scott
I am also in the market for a 2011 ML 4matic in chicago area and was quoted $625 for one with $55000 MSRP. Can you share what dealer you are working with?
Thanks,
Marz
Scott
rocka
I just put a deposit for a 2011 ML350 4matic, 33 month, 15K. They are giving me $29500 for my 2009 Lexus RX 350. My pay off is $23000 so it has $6500 Equity. Here is are details:
MSRP: $56425
Cash salesprice: $51776
aquisition fee: $1095
Vehicle total: $52871
Cap Reduction: $8727
Mnfg Rebate: $4000
Total cap reduction: $8727
Customer Cash( my trade in): $6500
Drive off: $10500 (This includes $4000 rebate for conquest cash)
Adjusted Cap Cost: $44143.81
MF: 0.00067
Residual: 54%
State DMV fee: $446
State Tire fee: $8.75
Monthly Base: $464.36
Total Monthly payment: $504.99 This includes $15 for prepaid maintanance.
Total out of pocket at lease signing: 0
$1773 tax and resgistration and first payment rolled into cap cost.
Regarding residual factor, I checked MBUSA and the current offer for ML350 4matic has a 57% residual for 10K miles. Normally for 15K it should be 2% lower not the 3% that they used. Am I missing something?
I told them that they are marking up MF and they said it is a common practice and they can't give me MB financial buy rate. Other dealers in my area even increase the mf more.
My brother also got another ML350 4matic in Wisconsin using august program. I have some of the numbers for this deal as well:
33 Month, 12K Lease:
MSRP: $56250
Invoice: $52874
Sell: $49200 (My estimation) Invoice-$3647
mf: 0.00035 (my estimation)
Res: 58%
Total monthly payment including 5% state tax is $600 + $8 for prepaid maintainance.
Due at signing: only first month payment.
He didn't have a luxury car, but I assume dealer gave him $3647 off invoice.
Please let me know what you think.
Marz
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Can you provide the September MF's and residuals for the new 2012 ML350? 6cyc and diesel.
I am interested in 15K miles per year and 36mo to 48mo leases.
Thanks,
Rob
Can you provide the MF and residual for 2011 ML 350 4matic and 2011 ML 350 bluetec?
Thanks.
The numbers for an otherwise identical 48 month lease are .00195 and 55%.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
The numbers for an otherwise identical lease of a 2011 ML350 Bluetec are .00112 and 51%.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Sorry to bother you again. What are the residual values and money factors for the same leases as above for the Bluetec model? 36 and 48 months, 15K miles.
any advice would really be appreicated. what are the best dealers in the northern pa, nj and ny area.
thank
The numbers for an otherwise identical 48 month lease are .00112 and 45%.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
I was looking for the MF's and residuals for a 2012 ML350 Bluetec not a 2011 for 15K leae for 36 and 48 month lease.
Also, will MBUSA do an 18K mile lease? if so, what are those residual values? What is the cost to purchase additional miles upfront?
Thanks
Thanks much!
Rob
Can you please provide the October money factor and residual value for the MY12 ML350W4 for 36 months and 10k miles? Also for 30 months and 10k. Is there any Value-Added Program for October for MY12 ML350W4?
Thanks,
Dan
Also - I would assume lease deals on this vehicle will improve in December during the Holiday promotion.
Any thoughts?
I am currently in a BMW 328i and am considering the switch to Mercedes.
Thanks
* Can you give us the residuals and money factor MF for the V6 and Bluetec for a 30,33 and 36 months lease(top tier credit score)?
* Is bluetec a better car than 3.5 ?
* Also I went to the dealer last weekend and 2012 ML 3.5 with premium package 1 silver mbtext 36 months (about 54000 msrp)
I got 8000 down(including everything) 36 months 600(inc tax)
5000 down(including everything) 36 months 700(inc tax)
I feel like it is expensive. It is more than mb web site estimation. What do you think?
And do you think that I may have a better deal if I wait for the end of the year ?
Thanks!
'12 ML350 BT
Prem 1 pkg
running boards
Keyless go
wood/leather steering wheel
Lane tracking
MSRP $57725
Sale Price $53895
42 Months
15k mi / year
$1500 down + taxes ($1884) + 1st months payment due at delivery ($4105)
3 year maintenance included
$731/mo
I don't know what the MF or RV are. I think the RV is 57% but another dealer I was dealing with refused to give me the MF stating that he didn't know it. This is the deal I am about to jump on. So far it's the cheapest I can find. Thoughts?
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
The numbers for an otherwise identical 36-month lease are .00195 and 63%.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
The numbers for an otherwise identical 36-month lease are .00195 and 60%.
The numbers for the 2012 ML350 Bluetec are .00225 / 64% for 30-months and .00225 / 59% for 36-months.
I wouldn't necessarily say that the Bluetec is better than the regular model.
Those down payments that the dealer asked you for are wild. You shouldn't pay any money as a capitalized cost reduction on a lease. You're right, these deals seem really expensive.
Do you currently have a luxury vehicle? If so, you might be eligible for the $4,000 conquest cash incentive that Mercedes is providing on the ML right now.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Silver
MB text
Premium Package
about 55K for 36 months 12000 miles/year
they offered me 6K down and 600 monthly inc tax.
I can say that they are comfortable to bring MSRP $4000 down this week which they were not doing last week.
I think this is reasonable. But we ordered another one and expecting to be delivered in 2 months. when the car arrives to the dealer, will negotiate and get the best deal. Hopefully there will be more incentives by that time.
So it looks like the residuals on the Bluetec are about 1% less than the 4matic. Is that right? The residuals on the 2011 Bluetec we 1% higher than the 4matic. The lower residuals and higher money factor along with the $1,500 higher MSRp make the 4matic a much better deal even considering the fuel savings on the Bluetec.
Rob
I have a deal on paper 2012 ML350 with P1
msrp $53705
selling price $46525
Term 30 months/12K yr
MF- 1.95
Acq fee- $1095.00
drive off- $2000
Res. Adds??- $769.00
Doc fee- $45.00
Residual- 66% or $35952.84
Monthly payment - $610 including tax (8.25)&2 yrs of pre paid maint.
Plus they will buy out my lease for 5 months on my 09 C Class
Is this a great deal? Any suggestion from any one would be great..Thanks!
Here is what I use for the calculator: http://www.theautoleasecalculator.com/
i am too looking to lease a 2012 ml350 and was quoted $2k conquest. but was quoted a very high MF. was told buy rate was .00275 and it was going to be marked up to .00325. ive leased a lot of cars and this is the highest ive seen it. is it bc its a new model? the MF ive been reading here at .00195 is this in california region? if anyone can post the buy rate MF for a 36 months 12k miles it will greatly appreciated! thanks!
I am currently bmw owner and thinking between x5 and ml350 2012. I am more inclined towards ML350 and here is what I was quoted:
MSRP: $58685
SP: $54685
Conquest: $2000 (not $4k)
MF: 0.00195
Lease term: 36 months
Mileage: 10K/year
Residual: 59%
Down: $3600
Monthly payment: $685.
I feel this is a really high price. I want to know what would be a right price. Also, how can we very the conquest money?
Thanks a lot for your help.
What are the mf and residuals on a 48 month lease for 12k/15k miles on a 2012 ML 350 4Matic?
Thanks!