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2013 and earlier-Mercedes-Benz M-Class Lease Questions
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May I have your email? I will have the sales person to contact you. I picked up the car and the whole process is so smooth. The forum does not allow to post name of salespeople.
G
I gave you the numbers for the 2011 model because Mercedes is no longer providing lease support on the '10s.
Car_man
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You definitely will have to pay the first month's payment, DMV, and bank fees. The processing fee sounds like a doc fee. Most dealers charge one. As long as the charge isn't outrageous and the total price that the dealer is charging you for this truck including the fee is reasonable, I wouldn't worry about it.
Car_man
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Mercedes-Benz Financial's October buy rate lease money factor and residual value for a 24 month lease of a 2011 ML350 4Matic with 10,000 miles per year are .00020 and 65%, respectively.
The numbers for an otherwise identical 36 month lease are .00020 and 56%.
Car_man
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Their special advertisment here in so cal is like $509/mo with $5k drive off.
I'm writing to share a lease deal I was offered by EuroMotorcars Germantown. Would you please let me know if you think it looks good?
Vehicle: 2011 ML350
MSRP: $61,160 (includes $875 for destination and delivery)
Selling price: $57,160
PDF of sale price quote: http://tinyurl.com/ml350quote
Money factor: .0009
Term: 36 month lease
Miles: 12000 per year
My credit score: 780
Down payment: $0 (for purposes of this estimate)
Monthly payment: $849
Thanks!
Rachel
Listed on mb financials records, about 31k, plus the tax, so about 34k. Current leasee put only 10k miles. Concern is that he wants me to write check in full to mb financial, he will write up bill of sale and notarized it, but the sale still puts the car first to him, not direct to me. Then he turns over docs and I get title from state... Is there any way to make this transaction less risky? Should I take him and car to dealer and have them handle this transaction?
Car_man
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I think you can do better a lot better. Send some internet quotes via Edmunds.com to other dealerships in your area. Use those quotes against the other dealerships and let them know you are working with such and such and this is what they offered..etc.. It worked for me as I am in my second week lease of a 2011 ML 350, 15k miles 39 months, out of pocket was 1st payment and fees.... I initially worked with the same dealer you mention and they were high in my opinion. Good luck.. Hope my post helps.
Selling price is too high, aim for $56-$56.2K
Demand banks money factor of 0.0002 (dealership is tacking the .0007 on)
Residual = 55% for 36 months 12k/yr
If you get those, the payment should be $639.09 + tax
Hope this helps
Im headed to my local MB dealer (SO CAL)tomm morning and need some ammo.
Does anyone know whether or not the november special offers are released before the 31st of October or is this something the mb staff do not find out about until midnight of the 31st.
Palladium Silver, Premium Package 1, Heated Steering Wheel, Heated seats MSRP 55560.00 got the truck for (50,791.00) (1500.00) under invoice just 1st month, Bank Fee, DMV, Doc fee due which came out to 2200 and change monthly payment 589.00 with tax included 39 months 10K miles per year. Deal was done in northern NJ if anyone wants the dealer/saleman's info please shoot me an email .....
2011 MB ML350 RWD
PREMIUM 1
heated seats
2000 drive off
36 mo
12
At any rate, im home now and the wife has her 2011 MB ml350 RWD
only options were premium 1 and heated seats. We negotiated 2000 total drive off, 36month, 12k miles a year, $520+ tax. I think my wife did pretty well, CARMAN what do you think?
We were shopping for the 4matic, but thought why, we live in los angeles where we only get a few inches of rain a year (if were lucky)and it would save us about $2000.00 bucks.
This was our first MB purchase and we were really pleased by the staff at Anaheim Hills MB, I would recommend to anyone in the area. If I can be of any help to anyone with further details dont hesitate to contact me. T
This is the best site for pre-purchase/lease research hands down, thank you all.
Car_man
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I am looking at a 2011 ML350 AWD including Heated Seats, Tow Package, eletrical wiring for entertainment system. I recieved the following quote:
$55335 MSRP
$1500 below invoice
48 months
15000 miles per year
Residual $26,157
$3000 drive off includes first month, reg, fees and $1600 cap reduction
$548 per month including tax (Northern Cal)
Is this a good deal? Thanks for your help!
Thanks for you help
BUT, where do you find the mileage rate for excessive miles if you buy them up front? I once leased a 2005 CLK 500, and I am sure it was less, but I cannot find this on the MB site. Can anyone give me a URL to this info at the MBUSA or MBFinancial site??
In case anyone was wondering why you would buy them up front, I did so as it was cheaper than buying them after the fact, and I wanted to be able to drive it anywhere anytime ( I take a lot of long driving vacations) and not worry about the miles....
But if you need more than 20,000 miles per year, or for example: you need only 18,000 miles instead of 15k or 20k - then you can buy additional miles at 20 cents per mile.
Additionaly, you can get refund for the miles you bought upfront, but have not used at the end of the lease...
Hope it helps.
A $1,500 under invoice is an excellent price for this truck.
Car_man
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2011 ML350 P1 & Heated seats only
36 months lease 10K miles
5000K down $499 + tax ( Free 5 payments included) which makes it $430+tax
MSRP 51K and buyback prize $29K
Here's a LINK to the discussion.
MB has a 3% holdback cars that have been on the lot less than 30 days. 3% is significant on a car at this price range, which is why some dealers seem to be willing to go well below dealer cost to get a deal done. My guess is that the ML is gonna go through a redesign, just like CLS, which is why they are being heavily discounted.
No money out of pocket and 47 payments of $560 (which includes all taxes). Annual maintenance included for 3 years as well as the MB version of Onstar for 3 years.
If someone in your family is driving one of the competitive cars (BMW, Porsche, Lexus, Audi, Jaguar) it could mean an extra $1,000 off for conquest cash! If you haven't bought yet then keep shopping for this deal. If you need help finding the right dealer www.simplifiedcarbuying.com is one of the best resources to educate new car buyers - the free video is excellent and really puts things into perspective.
Let me know how you do... Good Luck!
Remember you may qualify for the Mercedes Benz Fleet program (over 10,000 companies involved) and it gets you an extra $3,000 off! Don't forget about the Conquest Cash of $1,000 if your currently driving a Porsche, BMW, Lexus, Audi or Jaguar.
If you need assistance finding this deal www.simplifiedcarbuying.com is one of the best resources on the web. The free video is excellent. Let me know how you do - Good Luck!
Car to be registered in NY.
Thanks,
D
Thanks for the past help in on my last 2 leases. Can you help with the current mf & residual for:
2011 ML350 4Matic, 36 months, 15k/year
Thanks,
Ken
In addition to this I had $4144 of Negative Equity from a Trade that made the final payment $673 including tax. Do these numbers sound right or can I do better?
#878 Re: Does this deal make sense? [bderush] by primerib187 Dec 8, 2010 (6:46 am)
I just leased a new 2011 ML350 4matic with P1, front and rear heated seats, metallic paint, chrome accents, running boards, heated steering wheel. All scheduled maintenance included, winter floormats Sticker of $57,350 We traded in my wifes 2008 Lexus RX350 that had 14 months remaining on her lease that was approx ($3500) negative according to the dealer. We paid $917.00 out of pocket at ...
View/reply at: Re: Does this deal make sense? [bderush]
I currently drive a 2008 R350 and my sales person who I got the car from called me and gave me this deal and I want to know if it can be better. According to him, this is the best price and there is no more room.
2011 ML350 silver with black interior
Running boards
P1 Package
Wood multifunction steering wheel
Pre wired for entertainment system (I don't need this)
Heated front seats
Nothing out of pocket except incetives and first month
This deal is for 10K/ year for 39months for $569/ month including NJ taxes.
3 Years scheduled maintainance.
Your feedback is greatly appreciated.
Thanks in advance.
If you can get fleet or conquest cash, the deal becomes outrageous.
a. E350 for 24 mths; package 1 with the maintence option (MSRP $57k). What should I be looking at for a monthly payment and down payment. Is $659/mth and $k down too much (seems like it)
b. GL for 36 mths; package 1 with maintence, heated seats and rear entertainment (MSRP $67K); is $7k down and $800/mth too much (seems it)
Appreciate the help!
Car_man
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The numbers for an otherwise identical 48 month lease are .00007 and 50%.
Car_man
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Car_man
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Prices Paid: Buying & Leasing Experiences Forum