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Mercedes-Benz M-Class Lease Questions

1546 messages,  Last post on May 14, 2013 at 1:07 PM

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

Messages Page 146 of 156

#1444 of 1546 Re: 2012 winter event [roxanne1010] by roxanne1010

Nov 14, 2012 (1:09 pm)

Replying to: roxanne1010 (Nov 14, 2012 1:01 pm)
I should add that the residual value on my lease was 53% (MSRP was 56,015). So it seems that the residual value price on my contract is a good deal, car is spotless and I know it has no mechanical issues of course! Advise me if that price is good, just in case I give up on getting a good deal on a new lease please;)
Am I right in assuming that we would have to pay taxes on the sale?

#1445 of 1546 Re: 2012 winter event [roxanne1010] by roxanne1010

Nov 14, 2012 (1:34 pm)

Replying to: roxanne1010 (Nov 14, 2012 1:09 pm)
Sorry, I just wanted to check BTW that the residual value on my contract is actually the same as the payoff amount?

#1447 of 1546 Re: 2012 winter event [roxanne1010] by mlevine

Nov 14, 2012 (2:15 pm)

Replying to: roxanne1010 (Nov 14, 2012 10:09 am)
The lease aquisition fee is marked up by $300. Check your states tax procedure as most states due not require all taxes up front except New Jersey is one of them. You still are giving back about $2000 which offsets the $4500 discount off MRSP. I always look at invoice take off any discounts, and work my way up. Watch out for money factor mark up so you need to find out leasing details available on this site. I would read up as much as you can on leasing, this wiil help you see where extra money is being added to the deal which means you are paying more for the lease. I have walked away from many leases which I felt were a rip off. The MB lease which is up this December was my third choice in vehicles. My first choice was infiniti M37 glad it did not happen, and second choice was BMW X5 i premium but supply was low hence no special deals.

#1448 of 1546 November lease rate by cogitoergozoom

Nov 27, 2012 (5:18 pm)

Does anyone know Mercedes-Benz Financial's November buy rate lease money factor and residual value for a 36-month lease of a 2013 ML350 4Matic with 12,000 miles per year?

#1449 of 1546 Re: 2012 winter event starting [roxanne1010] by Car_man HOST

Nov 28, 2012 (5:05 pm)

Replying to: roxanne1010 (Nov 12, 2012 6:36 pm)
Hi roxanne1010. Mercedes dealers are being given a certain number of certificates that they can choose to use on deals if they want to.
 
I personally think that a $4,500 discount on this car is very reasonable. The .00160 money factor that you were quoted is right on the money as well. This seems like a very straightforward dealer to me thus far.
 
Mercedes-Benz financial charges a $795 acquisition fee on every vehicle that it leases. This charge is different than the destination charge that appears on every vehicle.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1450 of 1546 Re: ML350 Bluetec Lease [kc822] by Car_man HOST

Nov 28, 2012 (5:08 pm)

Replying to: kc822 (Nov 12, 2012 10:03 pm)
Hello kc822. Mercedes-Benz Financial's November buy rate lease money factor and residual value for a 36-month lease of a 2013 ML 350 Bluetec with 12,000 miles per year are .00160 and 62% for consumers who qualify for its top credit tier.
 
The numbers for an otherwise identical 2012 model are .00160 and 60%.
 
Mercedes-Benz is providing $1,500 dealer cash certificates on some 2013 ML models as part of its "Winter Event." I am not aware of any huge cash incentives out there to help move the 2012 models.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1451 of 1546 Re: 2012 winter event starting [roxanne1010] by Car_man HOST

Nov 28, 2012 (5:19 pm)

Replying to: roxanne1010 (Nov 13, 2012 7:08 am)
Hey roxanne1010. Extending an existing lease is usually fairly simple if you're allowed to do so. Just contact the bank that you are leasing through, which in this case is likely Mercedes-Benz Financial, and ask them if they are willing to extend your lease.
 
Mercedes-Benz Financial's November buy rate lease money factor and residual value for a 30-month lease of a 2013 ML350 4Matic with 12,000 miles per year are .00160 and 62% for consumers who qualify for its top credit tier.
 
The residual value for a lease with only 10,000 miles per year would be 1% higher.
 
36 to 39 months is probably the sweet spot for a lease on this truck right now.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#1452 of 1546 Re: ML63 Rates and Money Factor [jefe_3] by Car_man HOST

Nov 28, 2012 (5:18 pm)

Replying to: jefe_3 (Nov 13, 2012 7:14 pm)
Hi jefe_3. Mercedes-Benz Financial's November buy rate lease money factor and residual value for a 36-month lease of a 2013 ML63 with 15,000 miles per year are .00160 and 51% for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1453 of 1546 Re: November lease rate [cogitoergozoom] by Car_man HOST

Nov 28, 2012 (5:21 pm)

Replying to: cogitoergozoom (Nov 27, 2012 5:18 pm)
Hello cogitoergozoom. Mercedes-Benz Financial's November buy rate lease money factor and residual value for a 36-month lease of a 2013 ML 350 4Matic with 12,000 miles per year are .00160 and 56% for consumers who qualify for its top credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

Messages Page 146 of 156

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