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Mercedes-Benz M-Class Lease Questions

264 messages,  Last post on Sep 03, 2008 at 8:07 AM

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


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#255 of 264
Mercedes Money Factor for August by madd66
Aug 15, 2008 (5:43 pm)
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Does anyone know the MF for August? I was in a dealership today and test drove a C300 sports. When they showed me the numbers the MF was .00450 which is ridiculous since this amounts to aprox. 10.8%! Furthermore they told me this was the rate for tier 1 credit and they don't mark up their buy rate. This was in the Dallas/Fort Worth area.
#256 of 264
Newbie needs help on new ML350 by shayna007
Aug 27, 2008 (4:05 pm)
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I have the following offer, how good do you folks think this is?
 
2009 ML350 white /cashmere
P1 package
$1,902.07 drive off
15k miles
$552. plus tax.
#257 of 264
ML 350 or ML 550 by kjk3
Aug 28, 2008 (8:52 pm)
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I am considering leasing ML 350 or Ml 550. I have been quoted 2009 ML 350 P1 package
cap 44999,
33 month
1500 miles /month,
 1300 total drive off,
 total 622 + tx.
 
quote #2 total drive off 2200,
584 +tax = 629/month. Are these good deals? May consider P2
 
However I really like the ML 550 but dealers tell me payments would be close to +$1000. as no dealer or MBZ manufacture incentives.Is that why payments would be almost 2x as ML350?.Do you think is possible to get a payment for the same terms in 700-800 range? Longer lease term? 36?
Also iam going to ask for buy off of my 2002 S500. Do I use this as a down payment and buy? Concerned about market and huge loss i've incurred already in purchasing. Any comments would be appreciated.
#258 of 264
Re: Great ML 350 lease offer??? [sdev] by goldi73
Aug 29, 2008 (11:41 pm)
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Replying to: sdev (Jul 25, 2008 10:21 am)

sdev - which dealer in socal? I am interested in an ML350 so am shopping for good deals.
#259 of 264
Here is the deal I am getting on ML350 - need inputs by goldi73
Aug 30, 2008 (10:50 am)
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2009 M350
P1
Heated seats
Running boards
 
MSRP - $52k
Initial cap cost - $49k
Customer cash discount - $5500
Adj cap cost - $46k
 
33 months
10k/ year
 
residual 57%
MF - .00110
 
drive off cost $5500
 
$579/ mo + tax
#260 of 264
Re: Newbie needs help on new ML350 [shayna007] by goldi73
Aug 30, 2008 (11:03 am)
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Replying to: shayna007 (Aug 27, 2008 4:05 pm)

I think it looks great, but I have just jumped into market. Can you share where you got that deal?
#261 of 264
Re: Here is the deal I am getting on ML350 - need inputs [goldi73] by mahrisla
Aug 31, 2008 (10:39 am)
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Replying to: goldi73 (Aug 30, 2008 10:50 am)

horrible deal!!!
 
I am in So. California & I just picked up my 2009 ML350 for $2000 total out the door and $573 a month including tax!!!! 33 months and 10k miles
 
It has the P1 package, front heated seats and running boards.
 
If you call around different dealers and speak to their internet/fleet departments you shuold be able to get a similar deal...
#262 of 264
Re: Here is the deal I am getting on ML350 - need inputs [mahrisla] by goldi73
Aug 31, 2008 (10:48 am)
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Replying to: mahrisla (Aug 31, 2008 10:39 am)

Thx. Wow - you really did a great job. Can you share the name of dealer? Also, any sense of difference between 2008 and 2009? If 2009 is in the lot, then they should want to get rid of 2008s.
#263 of 264
Re: Newbie needs help on new ML350 [shayna007] by shayna007
Aug 31, 2008 (11:59 am)
Reply

Replying to: shayna007 (Aug 27, 2008 4:05 pm)

any thoughts?
 
I have the following offer, how good do you folks think this is?
  
2009 ML350 white /cashmere
P1 package
$1,902.07 drive off
15k miles
$552. plus tax.
#264 of 264
Re: Mercedes Money Factor for August [madd66] by verbow
Sep 03, 2008 (8:07 am)
Reply

Replying to: madd66 (Aug 15, 2008 5:43 pm)

I'm in Chicago and the rates were just as bad - .00395, or 9.48%. MBUSA wants to sell these "year old" vehicles, not lease them. Amazingly, the residual value was inflated - 56%.

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