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Mercedes Benz M-Class Prices Paid and Buying Experience

456 messages,  Last post on Oct 28, 2009 at 7:48 AM

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What is this discussion about? Mercedes-Benz M-Class, SUV


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#358 of 456
Has anyone purchased a 2008 ML320CDI recently? by stewdy
Aug 02, 2008 (11:37 am)
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I had been thinking about an X3 but my wife likes the MB better than the BMW and it's going to be her car so that sort of eliminated the X3. Anyway, I have always been curious about the MB diesels and was wondering what kind of purchase deals people have gotten on '08 320CDI's recently. I assume that the $3,000 dealer cash will carryover from last month (whether it is publicized or not) considering the '09's will be on lots before too long (if not already on some). Thanks in advance!
#359 of 456
BTW, the offer by stewdy
Aug 02, 2008 (2:07 pm)
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Replying to: stewdy (Aug 02, 2008 11:37 am)

The offer I've been given is OTD with a discount of about $6,000 off of sticker on an '08 ML320CDI with:
  
Silver Metallic Paint
Premium 2
iPod
Trailer Hitch
Heated Front Seats
 
MSRP: 53,780
 
If there is still only $3,000 dealer cash then this equates to a few hundred over invoice and holdback of about $1,500.
#360 of 456
Re: ML350 Lease Offer [bsedrish] by tcg1
Aug 09, 2008 (10:07 am)
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Replying to: bsedrish (Jul 23, 2008 5:15 am)

Was this offer on a 2008 or 2009 model?
#361 of 456
purchasing 08 ML350. by dkla76
Aug 09, 2008 (1:10 pm)
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Replying to: tcg1 (Aug 09, 2008 10:07 am)

So with the 4000 manufacturer to dealer incentive. whats the best deals gonna be?
invoice - $4000? is that the best we can do?
im in socal. does anyone have an idea?
#362 of 456
Here's what I finally got by stewdy
Aug 09, 2008 (2:54 pm)
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Replying to: dkla76 (Aug 09, 2008 1:10 pm)

'08 ML320 CDI
 
Metallic Silver with Ash Leather:
 
Premium 2
Full Leather Package
iPod
Heated Seats
Trailer Hitch
6 Disc Changer
 
MSRP was $56,255
"Sales Price" $50,299
Doc Fee: $499
Total $50,798
 
That in itself is not too bad a deal when taken at face value, but after considering one of the cars they had on the lot I decided that I didn't really like the thought of paying $50K for a car with MBTex (vinyl) in it. I called my dealer (MB of Buckhead) and told them that I wanted the full leather package. They got on the computer and found the Silver/Ash leather ML in IDAHO. They told me it was the only '08 left with Ash leather interior in the US. I'd believe it too because I looked all over the southeast and everything I found in Silver/Ash had MBTex. The closest thing I could find on my search was in Richmond, VA and had just arrived as a service loaner/demo for the next 120 days.
 
I've already put my deposit down and go to pick it up on Monday. So far this dealer has been a pleasure to deal with. I'll let everyone know how it goes after the final deal on Monday.
 
BTW: One of my pet peeves is front license plates. Well, apparently Idaho requires a front state license plate and my ML had holes drilled in the bumpers to place the mounting bracket for the plate when it arrived on the dealer's lot in Idaho. Does anyone know of some way to fill the holes? Body colored plugs similar to what Acura (and others I'm sure) has? The only thing my dealer offered was plugging, sanding and repainting the bumper which doesn't thrill me for obvious reasons. I don't really want to mess with virgin paint on the most vulnerable part of my automobile. Thanks if anyone has any suggestions!
#363 of 456
ML-320 Diesel Purchase by donaldsam
Aug 11, 2008 (12:28 pm)
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I saved over $7,000 off MSRP on a new 2008 ML-320CDI at Mercedes-Benz of Lynnwood. The only bad part is since they have increased the factory incentives on 2008 models, they no longer offer the special financing rates. The best rate I got was 6.49% for 60 months with excellent credit.
 
They are courteous and will deal over the phone. Check out their website at www.mblynnwood.com
 
The person I dealt with was the Fleet Manager, Danny Santos.
 
And Danny, if you're reading this, please let me know when the Bluetooth modules arrive. thx
 
Donald
#364 of 456
ML 350 buy 2008 or lease 2009? by dkla76
Aug 13, 2008 (10:55 am)
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Replying to: donaldsam (Aug 11, 2008 12:28 pm)

ok so i found a 2008 ML350 that they offered to discount 9800 off MSRP (50670-9800=40870). its a great deal but someone told me how bad resale value is on this car.
 
considering thay have the 2009 lease special of 4000 TDO and 579/month (i think i can get it down to 550).
 
which is better deal if i were to drive that car for 3-4yrs?
#365 of 456
Re: ML 350 buy 2008 or lease 2009? [dkla76] by donaldsam
Aug 13, 2008 (2:10 pm)
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Replying to: dkla76 (Aug 13, 2008 10:55 am)

Keep in mind the new 2009 ML350 has been agressively restyled, the body style is the same but there are a few facelifts and equipment changes on the 2009.
 
The value of a 2008 ML350 after 36 mos is 47% and at 48 mos is 39% based on residual values from Mercedes-Benz Financial.
 
On a new 2009 ML350 the value at 36 mos is 48% an at 48 mos is 42%.
 
Currently there are no lease specials on 2008 ML-350 models, MBF has decided to increase REATAIL cash for financed or cash deals to blow out the 2008 models instead with 4,000 retail cash.
 
The 2009 models do have a 2,000 lease cash on the new ML's which is how they are able to offer you the $579 lease payment for 33 mos.
 
You are getting a great price on the 2008 ML, the most you can save on the new 2009 ML is maybe around $4000 plus an additional $2000 if you lease off MSRP.
 
In my profesional opinion if you are only keeping the car for 48 mos max, lease a 2009 model. The Lease payments are cheaper than the 2008 and the vehicle will be the newer restyled model.
#366 of 456
Re: ML 350 buy 2008 or lease 2009? [donaldsam] by dkla76
Aug 14, 2008 (12:03 am)
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Replying to: donaldsam (Aug 13, 2008 2:10 pm)

i prob will keep it for less than 48 months.
so for 2009 lease, whats the best deal i could do?
#367 of 456
Re: ML 350 buy 2008 or lease 2009? [donaldsam] by donaldsam
Aug 14, 2008 (7:44 am)
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Replying to: donaldsam (Aug 13, 2008 2:10 pm)

The current program for the 2009 lease thru MB is:
 
33 mos lease Term
57% residual for 10k miles per year
Down Pymnt $4000
money factor .00110 for FICO 720 and higher
MSRP $51,915
Discount $1208
Lease Cash $2000
Payment $579 per mos plus tax
 
If you can find a dealership to get you the max discount of $4,000 off MSRP plus get the $2000 lease you can get a pymnt of around $510 plus tax.

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