Mercedes-Benz M-Class Lease Questions

1552 messages,  Last post on May 23, 2013 at 4:23 PM

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

#1465 of 1552 Re: ML [dinoman] by mlevine

Dec 11, 2012 (8:02 am)

Replying to: dinoman (Dec 10, 2012 3:09 pm)
Money factor should be .00160 and I suspect residual is 2% lower than 12,000 miles a year. 24 month would then be 64% and 30 month 60%. The best deals I believe are the 24 or 30 month.

#1466 of 1552 2013 ML 350 BlueTec by zollie

Dec 20, 2012 (12:53 pm)

Car Man: Could you please provide MF and residual % for a 2013 ML BlueTec based on 36 months, 15k miles per year? Thank you!

#1467 of 1552 Re: 2013 ML 350 BlueTec [zollie] by mercedes_dez

Dec 20, 2012 (1:11 pm)

Replying to: zollie (Dec 20, 2012 12:53 pm)
the rate is .00160 and the residual is 60% for a 36 month lease, 15k miles

#1468 of 1552 Re: 2013 ML 350 BlueTec [mercedes_dez] by dinoman

Dec 22, 2012 (5:30 pm)

Replying to: mercedes_dez (Dec 20, 2012 1:11 pm)
Can you please post the residual on the ML 350 4Matic for 15k miles and 24/30/36 months?

#1470 of 1552 Re: 2013 ML350 4matic residual values [mercedes_dez] by lionking143

Dec 28, 2012 (7:09 am)

Hello - I have an offer from a dealer for the following. Could you please let me know if this is a good deal?
 
I am trading in a 2012 Highlander on which I have an equity of about 6750$
 
The dealer is giving me back a 3K check and using the remaining amount on the lease down payment! (The equity of remaining 3750$ is not shown on any computations in the quote) and the 3K check is being offered by upping the payoff amount on my car.
  
2013 ML350W4 (Black, MB-Tex, P01, Running boards, Keyless Go) - 53K (negotiated price)
Lease terms: 36 months, 735.93, residual 54%, 10K miles.
 
Please advise if I should take this deal or not. Thx much!
 
-Sandy

#1471 of 1552 Re: 2013 ML350 4matic residual values [lionking143] by dinoman

Dec 28, 2012 (9:33 am)

Replying to: lionking143 (Dec 28, 2012 7:09 am)
It really depends on the MSRP of the car.
I have a quote from Mercedes Benz of chicago on a 2013 ML 4matic with an MSRP of 60380 for a selling price of 53400 (11.5% off MSRP)
Money factor is .0016
Mercedes acquisition fee of 795
Doc fee 140
Residual is dependent on lease terms (months and mileage)
You just have to plug in the numbers to a lease calculator and figure out the tax rate in your state.
If I was leasing the car at Mercedes of chicago for 36 months with 3750 down payment, the monthly payment would be 628 plus tax.
Hope that helps.

#1472 of 1552 ml 350 bluetech by phillyboy

Jan 03, 2013 (5:04 pm)

Carman,
can you give me the residual and money factor for January ? I am interested in a ML350 bluetech with 12,000 miles per year and a 24 month lease term.
 
thanks

#1473 of 1552 Car for Dad by rbrekka

Jan 04, 2013 (8:26 am)

I'm looking to lease a 2013 ML350 (white, grey MBtex, P1, running board, keyless) for my Dad. The MSRP is $55,355 and the dealer quote is $53,978 (2.5% discount). We are trading-in Dad's car for $10k plus a check back of $7k. The residual is 57% based on a 36 month lease and 10k/year. The acquisition fee is $1095. The Money Factor is .0026.
 
Is the discount to MSRP a good price?
Is 57% residual the market rate?
Is $1095 acquisition fee a market rate?
Is .0026 Money Factor high, I have seen .0016 quoted in this message board?

#1474 of 1552 Re: Car for Dad [rbrekka] by mlevine

Jan 04, 2013 (9:42 am)

Replying to: rbrekka (Jan 04, 2013 8:26 am)
The acquisition fee is an extra $300. Make sure January money factor is .0016 which was Decembers rate, .0026 appears to be high. Looks like you are putting down $3,000 which should include acquisition fee, motor vehicle fees, extra profit fees(doc fees or dealer fees) and first month. Residual usually not marked up. Would wait to see if any incentives are available this month. Last month winter certificate of $1500 was available. Based on my thoughts this is not a good deal. I am open to others opinions.
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