Last post on May 24, 2013 at 10:15 AM
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Mercedes-Benz M-Class, Car Leasing, SUV
#1418 of 1554 Planning on leasing a 2013 ML 350 4matic
Oct 19, 2012 (1:27 pm)
My 2010 lunar blue ML 350 4matic lease is ending January 1st, 2013 (love it!). I only put 20,900 miles on it and it's in immaculate condition, not even a ding on it.
I'm considering leasing a new 2013 ML 350 4matic arctic white or diamond white with package 1 plus lane tracking package and parktronic (could leave the parktronic if not available, but enjoy it on my current ML).
I'm not in a hurry to change car and think I will probably get the best rates for a lease in late Nov or December (tell me if I'm correct about this) but wanted to get an idea of what would be considered a good one for such vehicle right now.
I did get my previous 2 leases (MB R350 and current MB ML350) after checking on this web site that they were good deals and value your opinion.
I am planning to do most, if not all negotiating online since there is only one MB dealer where I live, in Tulsa, OK and they are not flexible at all
My local Tulsa dealer offered me a terrible deal both times, but researching online I got a great deal from a dealer in Kansas City who not only gave me a great deal but also delivered the car to me.
When online negotiating should I empathize my previous ML lease since it has such a low mileage that I think most dealers would be happy to get it to resale. I'm pretty sure that's why I got such a great deal on my current car, since my previous lease, an R350 was also immaculate and low mileage.
Also, I know I want a lease for 10k miles but do you advise me to go for 24 or 30 months?
Finally, I read about the "conquest" incentive. Although I currently lease a Mercedes, my husband drives a Lexus RX350, would that qualify us for that incentive? I should add that my local Lexus dealer is a pleasure to negotiate with and I will look into their line, but don't really think I want to go with them (love my MB engine).
Thank in advance for the help!
#1419 of 1554 Re: Planning on leasing a 2013 ML 350 4matic [roxanne1010]
Oct 21, 2012 (11:15 pm)
When my buddy bought his MB 2 months ago they where offering extra cash if you owned a competing car.
If your pay off on your current MB is low try to sell it and make some money.
#1420 of 1554 Re: Planning on leasing a 2013 ML 350 4matic [chaozz1]
Oct 22, 2012 (10:24 am)
I would need to look up the pay off amount but I'm pretty sure it must be bad since I had gotten a great lease deal and I seem to recall reading that you will get best deals if the pay off amount is overly inflated on the deal.
Can't win both ways I think!
I will try to bring my husband's Lexus to get the extra discount.
It seems MB financial doesn't support any lease right now, right?
What would be a good/realistic monthly lease deal once they do support it, perhaps right after Thanksgiving, into Christmas?
#1421 of 1554 Re: 2013 Mercedes ML550 [mralbury]
by Car_man HOST
Oct 24, 2012 (3:00 pm)
Hello mralbury. According to the latest information that I have seen, Mercedes-Benz Financial's October buy rate lease money factor and residual value for a 24-month lease of a 2013 ML550 with 10,000 miles per year are .00160 and 62% for consumers who qualify for its top credit tier.
The numbers for an otherwise identical 30-month lease are .00160 and 58%.
Prices Paid: Buying & Leasing Experiences Forum
#1422 of 1554 Re: 2013 Mercedes ML550 [dkhan]
by Car_man HOST
Oct 24, 2012 (3:04 pm)
Hi dkhan. You didn't mention which ML you are interested in, so for now I will assume that you want a 2013 ML350 4Matic. Let me know if you want something different. Mercedes-Benz Financial's October buy rate lease money factor and residual value for a 36-month lease of this truck with 12,000 miles per year are .00160 and 56% for consumers who qualify for its top credit tier.
The 2013 ML-Class is indeed eligible for conquest certificates, specifically $1,500.
Prices Paid: Buying & Leasing Experiences Forum
#1423 of 1554 ml350 lease help!!
Oct 30, 2012 (8:47 pm)
I think something is off in the numbers the dealer gave me for an ML350 lease. I qualify for the special 30 month lease they advertise on mbusa.com. My car MSRP is $56,800 and we settled on $55,200. It has a 63% residual according to the website and I believe you list the money factor as .00160. When I follow Edmunds math something is off. The dealer quoted me all included with the $5300 down (acquisition fee of $795, plus $3800 capitalized reduction, and one payment down), they come to a price of $805 a month. My state has 5% sales tax in this scenario on the 'use'.
My car is only $3200 more than the example on mbusa.com yet my payment is nearly $200 more a month! I know taxes play a small part, but that is maybe $35-40 on top of the payment. How should I proceed?
#1424 of 1554 Re: ml350 lease help!! [mng]
Oct 31, 2012 (12:57 pm)
I think you should walk away from this deal. You should get at least 5000 off MSRP.
#1425 of 1554 2012 winter event starting
Nov 03, 2012 (9:05 am)
Car-man, if you see my post above, I want to lease a 2013 ML 350 4matic.
My previous ML350 4matic expires Dec31st.
I know I will qualify for the top tier lease offered by MBUSA.
Do you think I should look into leasing right now that the winter event started (it says good till Nov 30th), or do you anticipate (based on previous years) that a better lease will be offered in December?
Also what are the values (money factor and residual) for the winter event lease for a 2013 ML 350 4matic for 10k/year, interested in either 24, 30 or 36 months, whichever is best.
It's really hard for a woman to get good deals so I'm hoping to get some help from this forum as I did the past 2 leases
Planning to do most negotiating through emails. Can you tell me if I should mention that my previous lease ML 350 has super low mileage (only 21K right now)? And I also have a Lexus, so can I qualify for the "capture discount", competitive brand?
#1426 of 1554 Is this site dead? Where should I go to get help?
Nov 06, 2012 (8:23 am)
Car-Man, any help with my lease here or is there another forum where I can get help?
Let me know soon please as my situation is getting urgent.
Thanks in advance