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2013 and earlier-Mercedes-Benz M-Class Lease Questions
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D
Premium 2, lighting, full leather, heated/ventilated front seats, heated rear seats, 3-zone climate, heated steering wheel, blind spot assist, parktronic
27 months, 15k miles/year, $3500 ($1500 is taxes) up front
$615/month with USAA discount
Only bad part about the deal I can think of is the 10-14 week wait for the build and delivery. This was under the promos that ended 1/3/2011, hoping to have the car mid-March.
How much will the lease rate change in March -unfortunately it is not locked in and could effect your monthly payment. Dealer should be able to give you a range.
Check with USAA that the discount will still apply even if they stop the program. I'd get a confirmation from both USAA and MB direct.
Good luck!
The dealer gave a range of about 5-7% on either side, but feels confident things will be as originally quoted. The absolute worst case scenario (no USAA and a blah MB promo) would put this at about $735, which is still cheaper than a similarly loaded RX 450h ($780) or x5d ($815).
I don't really think the RX can come close to either of the Germans, and the x5d has a too many rough edges for the price it commands.
The only options I am looking for on this car are the following (invoice prices I'm looking at):
Leather Pkg - $1,655
Prem. Pkg - $3720
Heated Steering _ $209
Heated Frt Seats - $698
Keyless entry _ $1,060
Heated rear seats - $577
Total invoice - $45,561
The dest fee of $850 I guess I sld pay upfront and not finance. I don't want to put any money down, (or should I?) Wld lease for 12,000 miles or 15,000 miles 36 months. What are the residuals and money factor on this vehicle, and I read that there is a $1,000 incentive. Also, does MBNA have maintenance free as BMW? I live in NY and would pay for taxes upfront and the registration etc. Is there anything else I am missing?
What is a good deal and monthly should I be looking? Thank you for you help on this. (I have lot of questions for you, sorry
Mercedes-Benz Financial's January buy rate lease money factor and residual value for a 36 month lease of a 2011 ML350 2WD with 10,000 miles per year are .00060 and 56%, respectively.
Car_man
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The numbers for the '11 ML350 Bluetec are .00134 / 68% for 24 months and .00134 / 58% for 36 months.
Car_man
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Please see my previous post for this truck's current lease program. MB Finance's 12,000 mile per year residual values are 2% higher than its 15000 mile per year resids.
I need to know this car's MSRP in addition to its selling price (which I can deduce from its invoice price) to calculate a lease payment. Let me know what the MSRP is and I'll gladly work up a payment for you.
Car_man
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ML350 4Matic, P1 package( navi etc) ,heated front seat,4 yr maintinance.
Total MSRP comes approx 57500.
15k/42 M
650 Pm final
out of pocket 700 including first month payment,DMV fee.
like BMW they do not include maintinance, you need to add as option like I did.
Lease at $1300 Drive off with $535 per/month, 12k miles, 48 months....
Seems bit high... Thank you in advance for your answers!
36 month term with 15K miles per year
48 month term with 15K miles per year
36 month term with 12K miles per year
48 month term with 15K miles per year
Also, what is the current Acquisition Fee that MB Financial is charging for these leases?
Thanks
I'm getting a 2011 ML350 4Matic for the following:
MSRP = $59,085
- 39mo, 12k/yr
- $0 down (only tax, dest and 1st month up front)
- Premium 2 Pkg
- Sport Appearance Pkg
- Wood/leather steering wheel
- Running Boards
- Heated front seats
- Free 3yrs Pre-paid MB Star Service
All for $635/mo. The residual is 53% I think, and money factor 0.0003xxx. Is this a good deal? By my calculations, I think the sale price comes out to $55,000, or right around invoice...
The numbers for an otherwise identical 48 month lease are .00032 and 47%.
The residual values for leases of this truck with only 12,000 miles per year are 2% higher.
MB Finance's current base acquisition fee is $795.
Car_man
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Also, this is the first time I am trading in my old Mercedes from lease. Will they get me for mileage wear and tear even if I trade in or can I negotiate that away?
Thanks so much,
Neil
What is the February money factor/residual for the M-Class Blue Tec for 15K miles and either 24, 36, or 39 months (not sure which length offers the best deal). Also, I see that over the past 6 weeks, folks have gotten between 4K and 7K off of the list price- are you aware of any discounts/rebates/holdbacks that could have been used in those deals?
Thanks!
Thanks!
The numbers for an otherwise identical 48 month lease are .00087 and 49%.
Chances are that you will have to pay for any excess mileage and / or wear and tear on your new vehicle, unless the dealer has some pull with MB Finance. It wouldn't hurt to see if they can do something for you. I've heard about luxury brand captive finance companies being lenient on returning customers in the past.
Car_man
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The numbers for an otherwise identical 36-month lease are .00156 and 58%.
Other than a $1,000 conquest cash incentive for current owners o competitive luxury makes, I am not aware of any cash incentives on this truck right now.
Car_man
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Car_man
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Hoping you might be able to help me out. I am trying to lease an ML 350 with PI package.
Sticker is $55.165
Sale Price is $50,640
Its a 42 month lease/ 12,000 miles year. ( I wanted 36 but the numbers didn't work.) Early pull up at 39 is possible.
I am being quoted $636.93 which seems a little high. Do you have an idea of where you think I should be when I use the Lease Calculator I get a much lower number. Monthly tax rate is based on 6.75%
27 month lease
12k miles a year
$670/month
$1035 due at signing
We do have a trade-in that I know is messing up this deal because they supposedly will work in the last few payments for us, but I know those payments are worked into the lease..
Any suggestion as to how I can work this deal to my advantage?
Sticker is $56,045
Sale Price is $46,961
Term - 48 month lease
10,000 miles year
Due at signing - $1,670 (1st month & acquisition/DMV fees).
Monthly payment - $475 (including taxes).
I was concerned about longer lease term (48 month), but I like the car enough to drive it longer. And the MB warranty is exactly 48 months, giving me peace of mind in terms of coverage.
Could you please provide Feb data for the following:
15,000 miles per year
ML350 4matic
36 month lease
Money factor
Residual
Lease Acquisition Fee
Thanks in advance.
MSRP $56,995
Selling Price $50,588
3yr/30k mile lease
residual: 57%
money factor: 0.00058 (1.39%)
acquisition fee: $795 (they tried to charge me $1095)
$603.32 w/tax (9.5% CA)
$2200 due at signing (1st month payment, title, license, DMV fees)
How did I do?
thx
I visited Fletcher Jones in Newport Beach today. I was kinda excited since hearing about all the $500-ish monthly leases out there, but after talking to FJ for half an hour, the best deal they could give me on a 2011 ML350 with black/black and P1 package was $608 a month, and that with $2400 down, for 36mo/12k a year. Finaly car price was around $56300, he said they can cut it to $54000.
I really wanted the updated sound system that came with the P2 package but he said that bumps the monthly payments up to around $740!! No way I am paying that much more for just a better sound system and key-less go.
Is this a good deal? What can I haggle with them over? Also they will beat any other price on the same deal so if I can find another dealer doing a better deal, that would be good too.
Thanks for any help
So as it stands, that's the best price I have. $608 including tax.
I just ran some numbers from Edmunds.com's market value pricing, here's what comes up.
2011 Mercedes-Benz M-Class ML350 4MATIC
Base Price $45561
Premium 1 Package $3720
Palladium Silver Metallic $670
Destination Fee $875
Total Price $50156.00
Selling price should lower than that.
I would only pay the first month plus dmv fees plus document fee plus inspection. your price out of pocket should be $852.00 (608+145+75+12+10)
They said MB have a 5 month early pull up prgram at 31 months.. say i have 36,000 miles at 31 month of the early pull up.. will i be nailed for the over milage? what if i trade in for another MB? do i have to pay for the overmilage or its simply treated as a trade in?
I have 5 remaining lease payments for LEXUS IS 250 which is 354/month.
He said he will absorb it and gave me following deal.
MSRP: 54,615
Selling Price: 49900
Out of pocket: 2000
Monthly payment: 584/month including tax and everything
Lease term: 48 month
Do you guys think this is a good deal?
Thank you!
10k/year
Car_man
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Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Mercedes-Benz Financial's February buy rate lease money factor and residual value for a 36 month lease of a 2011 ML350 4Matic with 15,000 miles per year are .00058 and 53%, respectively.
MB Financial charges a $795 acquisition fee on every vehicle that it leases.
Car_man
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I'm looking to place an order for a RWD ML350 equipped as follows: Steel Grey (metallic), P1, Lighting Package, Appearance Package, and Running Boards. The MSRP for the car is $54730, with invoice of $50961 according to Edmunds. The best price I have so far is $49230 ($5500 off MSRP). My goal is to get $7000 off MSRP, as some posts indicated that was the deal they got. I live in Southern Cal and would appreciate your advice if that's too much discount to ask. If not, please advise if you know where/whom I can possibly negotiate a $7K off MSRP deal. Thanks!!!
2nd: There is a huge shortage of ML-Class, because it was surprisingly (to MBUSA) oversold in 2010.
Third: You can get the best deal on ML if, and that's a big "IF", you can buy the car, which is available in stock for an immediate sale. Because if you order the car and wait for it 3-4 months dealers are not motivated to give you any discounts, because it does not make any sense to promise anything for them. They sell cars to highest immediate bidder.
So to get the best deal, especially the discount you mentioned, you must buy from stock. Can not be ordered, unless you are willing to pay more.
Also, while you have the right MSRP for your configuration (which probably does not exist, unless you order), you have the wrong invoice at the same time. The invoice is : $51,462.
You can calculate invoice of any Mercedes-Benz here: Mercedes-Benz Invoice Calculator. This is the only web site, where you can get an EXACT invoice of any Benz. Just enter MSRP and enter "0" in the Gaz Guzzler tax, because ML does not have any.
You can get more than $5,500 discount, but it depends, what kind of car is currently registered to your name. MBF has Conquest Program.
What cars do you have registered to your name right now?
This will be my first MB. I have a Bimmer and a Honda, so I presume that will not help me with the MBF Conquest Program.