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Mercedes-Benz M-Class Lease Questions

1561 messages,  Last post on Jun 17, 2013 at 7:32 PM

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

Messages Page 150 of 156

#1491 of 1561 Re: ML350 BlueTech Lease Terms? [njdriver1] by Car_man HOST

Jan 27, 2013 (9:44 am)

Replying to: njdriver1 (Jan 22, 2013 4:57 am)
Here's the information that you're looking for njdriver1. Mercedes-Benz Financial's January buy rate lease money factor and residual value for a 30-month lease of a 2013 ML 350 Bluetec with 12,000 miles per year are .00160 and 67% for consumers who qualify for its top credit tier.
 
The numbers for an otherwise identical 36-month lease are .00160 and 62%.
 
The residual values for leases with 10,000 miles per year would be 1% higher.
 
There's some $1,500 Winter Event certificates floating around out there for this truck that do not require one to be a loyal customer that you may be able to convince the dealer to use on your deal.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#1492 of 1561 2013 ML350 Bluetec. by jgarris9

Feb 04, 2013 (2:39 pm)

Hi Car Man,
 
What is the MF and residual for 2013 ML350 Bluetec for 24 months and 27 months at 12k miles per year? Please let me know ASAP.
 
I am VERY close to sealing a deal on a 2013 ML350 Bluetec with MSRP $65225. I am wanting to verify some information I have received from the dealership. This forum has been an amazing help for our family. .
 
MSRP: $65225.
6.5% discount to 'invoice' - $4240.
$2000 USAA rebate.
$1000 deposit put down previously for the special order.
$1000 American Express certificate.
$3000 down payment out of pocket.
= $11240 total discount.
 
With all the fees and acq fee of $798 paid up-front, for 24 months at 12k miles per year,
$599 monthly.
 
The MF is 0.00268 and residual is 72%.
 
Using the numbers above, when inputed into the payment calculator on MBUSA.com, I am coming up with $563 monthly for 24 months and $531 for 27 months at 12k miles per year. The dealership has no explanation and says they are unable to explain how the payment numbers are so far off.
 
Any help would be appreciated. . Thank you in advance!

#1493 of 1561 Re: 2013 ML350 Bluetec. [jgarris9] by Car_man HOST

Feb 05, 2013 (5:12 pm)

Replying to: jgarris9 (Feb 04, 2013 2:39 pm)
Hi jgarris9. According to what I hear, Mercedes-Benz financial's February buy rate lease money factor and residual value for a 24-month lease of a 2013 ML350 Bluetec with 12,000 miles per year are .00205 and 72% for consumers who qualify for its top credit tier.
 
It looks like you are getting an excellent selling price on this truck, though I personally would not make the $3,000 down payment. I always advise consumers not to make down payments on leases. Those who do risk losing part or all of the money that they put down if their vehicle is totaled in an accident or stolen and never recovered.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1494 of 1561 February MF by dost2000

Feb 12, 2013 (4:49 pm)

Hi Car Man:
 
I am looking to lease Ml 2013 , preferably 30 months. Could you please give me the MF & RV for 30 months with 12000/miles, also RV and MF for 36 months.
 
I have been offered almost 7% off MSRP for a 55250 $ car , 2900 down with monthly payment of 749 for 12000 miles/ year and 699 for 10000/ year. What do you think of this deal.
 
I am currently leasing Ml 2010 , do you if there are any incentives for returned customer.

#1495 of 1561 Re: February MF [dost2000] by Car_man HOST

Feb 19, 2013 (4:48 pm)

Replying to: dost2000 (Feb 12, 2013 4:49 pm)
Hi dost2000. Mercedes-Benz Financial's February 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 numbers for an otherwise identical 36-month lease are .00160 and 56%.
 
Mercedes is not providing any cash incentives to loyal customers on this model that I am aware of.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1496 of 1561 48 month lease question by drmhf

Feb 22, 2013 (2:32 pm)

My 2009 ML 350 48 month lease will be up in May. I like leasing for 48 months as that is the term of the warranty, and I don't enjoy this negotiation process. My current payment is $620 per month plus tax for a ML 350 black with P1 $0 down 12,000 miles per year.
 
I would like to lease a 2013 ML 350 equiped the same. What would the residual be for 48 months and 12,000 miles/year? I would think that the monthly payment on a 2013 would be lower. Thanks. The help is appreciated.

#1497 of 1561 ML350 Lease by russman29

Mar 01, 2013 (6:19 am)

Car_man,
 
Lemme first say this is an incredible forum! I've had some cool cars over the years and have always been involved in forums... none can match this so kudos to you!
 
My situation.. I'm 6 months left on a 2010 CLS550. Love the car but winters in upstate NY with a CLS require a second 'beater' car or logging alot of time in ditches or mashed against trees. It would appear I got a great lease at that time... they were getting rid of all CLS inventory in prep for the new body style. Anyhow, my price was $78452 and I put literally nothing down... $273 in various fees and the first month payment, everything else went into the lease and I was dealing with a net cap cost of $82741 and a residual value of 50% ($39299)... it was a 39 month lease with 15k miles/year. (48750 at lease end). Looking over my lease now, my depreciation was $43442 (price-residual) and that amounted to $1114/month. The MF was essentially non-existent because my monthly payment is $1120. It appeared to be a good deal but they can play with the residuals to make those MF's look as good as they want. Psychologically, had they given me a higher residual and a lower depreciation payment but a higher MF and came up with the same $1120... somehow I would have felt jipped as opposed to elated.
 
Here's the question... (Finally)... it seems that the dealer may take back the CLS and wipe those payments, I am right where I should be on miles. I want an ML350 and am considering the Bluetec but never having had a diesel, I'm a bit skittish. Any thoughts on that would be welcome. I'd consider the 550 but it would have to be a sick deal... I'm trying to be no more than $900 with nothing at all down. Sadly, I'm more about the "deal" than the car, these are all fantastic vehicles. What I would like is 36 month, 18k miles/year. Do you have any idea what kind of residual value MB would use on 18k miles or do they just use the 15k residual and add 9000 miles x whatever $$ per mile right to the payment? Do Bluetecs tend to have higher or lower residuals all things being equal compared to their gas counterparts?
 
Thanks for any assistance.

#1498 of 1561 Re: ML350 Lease [russman29] by dallasman

Mar 04, 2013 (4:29 pm)

Replying to: russman29 (Mar 01, 2013 6:19 am)
We bought our BlueTec ml350 last may. LOVE THE CAR! Not a single problem and got a killer deal (at the time). Like you, I'm more about the deal than the car. Anyway, you won't be disappointed with the car.

#1499 of 1561 Re: ML350 Lease [russman29] by dewarsandsoda

Mar 05, 2013 (11:22 am)

Replying to: russman29 (Mar 01, 2013 6:19 am)
Hi Russman29,
Generally speaking, the RV's are higher on the bluetechs vs. gas counterparts. We have an E350 bluetech, and at the time the RV was 77%, for a 24 mo lease, which was significantly better than the gas equivalent. I'm contemplating either an ML350 Bluetech or GL350 in several months simply because of the higher RV. But, Carman can confirm.
 
Don't forget to also get the base rate MF from Carman, and you can use MSD's to 'buy down' the MF. That, coupled with auto pay, is a great way to reduce your monthly payment and you get the MSD back at the end of the lease term.
 
Cheers!

#1500 of 1561 2013 m class by bolhan

Mar 08, 2013 (6:40 pm)

Hi mr car man please let me know the current mf and residual for 10000 miles 30 months lease for 2013 mL 350 thank you

Messages Page 150 of 156

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