Mercedes-Benz M-Class Lease Questions

1554 messages,  Last post on May 24, 2013 at 10:15 AM

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

#1545 of 1554 Re: Ml350 [Car_man] by jmm13

May 14, 2013 (7:26 am)

Replying to: Car_man (May 13, 2013 4:27 pm)
I thought the money factor is .00160 as per your previous response- thanks jmm

#1546 of 1554 Re: ML BlueTEC May Lease Rates [tuburonh] by tuburonh

May 14, 2013 (1:07 pm)

Replying to: tuburonh (May 13, 2013 10:09 pm)
Sorry- meant to say Mercedes's rates, not BMW's rates!

#1547 of 1554 ML 350 Deal by landrover1

May 21, 2013 (8:54 am)

Hi Carman:
 
I am looking at a new lease on a 2013 ML 350 my 2010 ML is coming off lease soon.
 
This is what the dealer is offering on a $55,105 MSRP with the following equipment:
Black/Black MB-Tex
P 1 Package
20" Wheels
Parktronic
Trailer Hitch
Ambient Lighting
Keyless Go
 
$2000 down
 
30 months 12K year $818.94 with taxes.
 
Does this look like a good deal? It is significantly more than my 2010 MSRP of $53,200 but the 2013 has more options

#1548 of 1554 ML350 May money factor by j1c4b

May 22, 2013 (4:30 am)

Hi Carman
I am looking for to lease ML350 with P1 package. MSRP $54625
Looking for 30 month lease with 10k miles
What are MB financial numbers for may?
Dealers offer was $49500
With $2500 due at signing and $709 monthly with 7% taxes included
What is looking kind of high to me
Also I am working for company what is on MB corporate list with $2000 discount. Can I apply it to dealers final sale price?

#1549 of 1554 Re: ML BlueTEC May Lease Rates [tuburonh] by Car_man HOST

May 23, 2013 (4:15 pm)

Replying to: tuburonh (May 13, 2013 10:09 pm)
Hey tuburonh. Mercedes-Benz is not providing lease support on the 2013 ML Bluetec right now. Its current 36-month, 15,000 mile per year residual value is 60%. If you lease one through Mercedes-Benz Financial, you would have to use its standard lease money factors. They vary by credit tier, but would be around .00205 for consumers who qualify for its Tier 1.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1550 of 1554 Re: Ml350 [jmm13] by Car_man HOST

May 23, 2013 (4:16 pm)

Replying to: jmm13 (May 14, 2013 7:26 am)
Good catch, jmm13. .00112 is for the GLK. The ML is indeed .00160. Sorry for the confusion.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1551 of 1554 Re: ML 350 Deal [landrover1] by Car_man HOST

May 23, 2013 (4:20 pm)

Replying to: landrover1 (May 21, 2013 8:54 am)
Hi landrover1. MLs definitely cost a lot more to lease than they used to. You really need to find out what selling price the dealer is using to calculate your lease. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number, it is more difficult to tell if there's any room left to negotiate.
 
I have to say, the ML is a nice truck, but I certainly would not pay $800 per month for one when there's a lot of other nice trucks out there that may not have the fancy name but are very similar yet hundreds of dollars per month less.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1552 of 1554 Re: ML350 May money factor [j1c4b] by Car_man HOST

May 23, 2013 (4:23 pm)

Replying to: j1c4b (May 22, 2013 4:30 am)
Hi j1c4b. Mercedes-Benz Financial's May buy rate lease money factor and residual value for a 30-month lease of a 2013 ML 350 with 10,000 miles per year are .00160 and 63% for consumers who qualify for its top credit tier.
 
I'm not sure how the "corporate list" program works. Most supplier programs provide consumers with a low, non-negotiable selling price that they can use to calculate their vehicle's lease payment. That's how it worked when I leased a Mercedes in the past.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1553 of 1554 Lease Questions 2013 ML350 by hlc395

May 24, 2013 (9:32 am)

I am in the process of negotiating a lease on a 2013 ML350 15k miles per year and 39 month lease. The dealership is telling me the residual value is 51% (does this seem correct) and a money factor of .00161. Do you think the residual and money factor are accurate?
 
Also, I currently have a 2010 ML350 and I am over on the mileage by about 10k - so $2500 in overage and have 4 payments left on my lease. The dealership said that MB is offering a 3 payment lease credit on the ML but I have a question on the mileage... if I lease another ML will MB waive the cost on the mileage overage? The dealership is telling me no but I have heard otherwise. Do they waive it or do they try to hide it in the lease somewhere?
 
Any thoughts/comments you have are appreciated.

#1554 of 1554 Re: ML BlueTEC May Lease Rates [Car_man] by tuburonh

May 24, 2013 (10:15 am)

Replying to: Car_man (May 23, 2013 4:15 pm)
Many thanks Car_man. Also, one of the dealers I have been talking to told me that MB Financial will lower any of their money factors by .00010 if you use autopay. Not a huge savings, but easy enough to do and every penny helps
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