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Mercedes-Benz M-Class, Car Leasing, SUV
#1126 of 1616 Trade In New 2011 VW Touareg For ML or GLK? Help Please
Jul 31, 2011 (3:41 pm)
I am in a situation that I don't know is possible to get out of. I am in a brand new 2011 VW Touareg that I rolled about $4000 neg equity into. I am unsatisfied with the lack of keyless entry, touch start and am about to trade it in for the next model up. Before doing so, I realize the cost for an exec touareg is more expensive than a loaded GLK and a base ML. My dream car has always been a Mercedes, but I've never owned one. I know I'm in an upside down situation and I know this is probably the dumbest thing you've ever read! LOL. I called to find out how much it would cost to purchase the VW and it would be about 52,500 with the negative. Only one payment made on it. Is this something that is just IMPOSSIBLE, or would a mercedes dealership help me with it. I have a credit score around 675 +. Honestly, any help or feedback is truly appreciated! Thanks in advance!!!
#1127 of 1616 Re: Help, is this a good deal? [darma2011]
Aug 01, 2011 (4:58 pm)
That's a great deal! Could you please share the name of the MB dealer? Thanks...
#1128 of 1616 Re: Help, is this a good deal? [alexanderv]
Aug 02, 2011 (8:52 pm)
South Bay Mercedes Benz in Torrance, California. Larry is the person whom I dealt with. He's either the fleet or internet sales manager.
#1129 of 1616 Re: Help, is this a good deal? [darma2011]
Aug 03, 2011 (11:15 am)
Thanks Darma2011. I will give it a shot with them.
#1130 of 1616 Re: Help, is this a good deal? [alexanderv]
Aug 03, 2011 (1:44 pm)
Good luck. Let me know the outcome.
#1131 of 1616 Re: Trade In New 2011 VW Touareg For ML or GLK? Help Please [march609]
Aug 03, 2011 (6:34 pm)
You should wait for the 2012 ML class. The t-reg, especially in TDI form runs rings around the '11M.
#1132 of 1616 2011 ML -- money factor and residual
Aug 04, 2011 (6:37 pm)
Does anyone know the money factor and residual for 2011 ML350 12k miles/year -- either for the 33- or 36-month terms.
#1133 of 1616 Re: 2011 ML -- money factor and residual [eyk]
Aug 07, 2011 (8:09 am)
Hello eyk. Mercedes-Benz Financial's August buy rate lease money factor and residual value for a 36 month lease of a 2011 ML350 4Matic with 12,000 miles per year are .00035 and 50%, respectively for consumers who qualify for its top credit tier.
The numbers for an otherwise identical 33 month lease would likely be .00035 and 58%.
Prices Paid: Buying & Leasing Experiences Forum
#1134 of 1616 Mercedes ML350 Bluetec
Aug 08, 2011 (2:50 pm)
Could you provide me with the august money factor and residuals for a '11 ml 350 Blue Tec for a 33 month 15k lease . Both Tier 1 and Tier 1 A or + credit scores.
#1135 of 1616 ML350 Rwd Lease Offer
Aug 09, 2011 (4:53 pm)
Is this a good lease offer?
P01 P01 Package
R39 19" 5-Spoke Alloy Wheels (255/50)
234 Blind Spot Assist
289 Wood/Leather Multifunction Steering Wheel
550 Trailer Hitch - 4,600 lbs. (Class II)
846 Brushed Aluminum Running Boards w/Rubber
866 Rear Seat Entertainment Pre-Wiring
873 Heated Front Seats
The offer is $530/month which includes taxes
$4,0000 down which I intend to use the USAA benefit to pay for this, so no money out of my pocket.
It's close to the current promo with a higher MSRP vehicle and 12000 miles instead of the less than 10000 miles of the current national deal.
Am I missing something, or should the offer be better?