- #22 of 249
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Re: ML 350 Lease [tedri]
by taketheoffer
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Nov 08, 2005 (7:37 am)
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Replying to: tedri (Nov 07, 2005 12:21 pm)
Sounds in line with all the quotes I have gotten. I am assuming tax is not included which either adds around 2K to the drive off or puts you way above $720ish a month. I would suggest you wait if you do not need it right away. Something has to give here either money factor or rebates. It seems like the dealers (who keep calling me) are becoming just as frustrated with the lack of incentives on the ML when compared to the competition There should see some sort of relief in the next few months. I have had the same dealer call me 3xs with the same offer.
Additionally, if you look on the 2006 ML boards you will see a consistent gripe about early build quality, specifically tranny issues. Also many pre-2006 ML owners have been complaining to me about plummeting resales. With those issues combined I could not justify $720 right now for a 6 cylinder sport ute that hasn't gotten consumer praise yet. In a few months MB should be able to catch up with the quality issues and hopefully the price.
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- #23 of 249
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Re: ML 350 Lease [taketheoffer]
by spikeya4
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Nov 11, 2005 (12:30 pm)
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Replying to: taketheoffer (Nov 08, 2005 7:37 am)
Here is the deal I just got on a 2006 black on black ML350: MSRP $54,650, Comfort Package, Premium Package, Sunroof Package, Entertainment Package, Lighting Package, Heated Seats, Parktronic, Rear Side Airbags, Sirius Satellite Radio, Trailor Hitch, and iPod intergration kit (installed from the the factory). $699/month including NJ tax, no money down, 39 months, 12k a year, $1985 due at signing. Awesome deal. scheduled to be built on the 27th of November (the day after my bday!) and delivered the first or second week of December! The money rates finally came down and the salesperson was great to work with after having just got an E350 4Matic from him last month. It only took a few back and forth calls to get him under $700.
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- #24 of 249
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Re: ML 350 Lease [spikeya4]
by taketheoffer
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Nov 12, 2005 (2:04 pm)
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Replying to: spikeya4 (Nov 11, 2005 12:30 pm)
Congratulations! I have what may be a dumb question... If there is no money down and tax is included what is the 2K out of pocket for?
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- #25 of 249
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ML350 Lease So. Cal.
by jstshppng1
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Nov 12, 2005 (6:44 pm)
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I'm trying to figure out if the following is a good deal for 36mo / 15K mi. lease on an 06 ML 350.
1) MSRP $49,085
2) Sell Price $45,840.91
3) Fees $1,200 inception fees + $645 acquis fee - $1845 total
4) Total Cap cost $47,686
4) money factor .00206
5) residual 56%
Payment $775/mo incl. tax, $0 drive-off.
- jstshppg
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- #26 of 249
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Re: ML 350 Lease [spikeya4]
by robertd1
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Nov 13, 2005 (6:51 pm)
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Replying to: spikeya4 (Nov 11, 2005 12:30 pm)
Which New Jersey dealer?
Thanks!
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- #27 of 249
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Re: Mercedes ML350 Money Factor [spikeya4]
by Car_man HOST
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Nov 14, 2005 (4:11 am)
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Replying to: spikeya4 (Nov 02, 2005 5:03 pm)
You're very welcome spikeya4.
Car_man
Host
Smart Shopper / Prices Paid Forums
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- #28 of 249
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Re: ML350 Lease So. Cal. [jstshppng1]
by Car_man HOST
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Nov 14, 2005 (4:18 am)
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Replying to: jstshppng1 (Nov 12, 2005 6:44 pm)
Hi jstshppg. The $3,244 discount that you were quoted for the truck that you are interested in looks very reasonable to me. The lease money factor looks great as well. In fact, it is so good that I doubt your lease is being run through Mercedes-Benz Credit. The last time that I saw its lease program, Mercedes-Benz was not providing any sort of lease support on the M-Class. That means that its money factor for it is currently around .00320 for consumers who qualify for its top credit tier. The residual value that you were quoted is lower than Mercedes' though. This also leads me to believe the lease is through an independent bank.
To give you an idea of what this truck would cost to lease through Mercedes-Benz Credit right now, I just ran some numbers and cam up with a zero down, pre-tax payment of around $742.
Car_man
Host
Smart Shopper / Prices Paid Forums
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- #29 of 249
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2006 ML350 Lease Price Good?
by jules4
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Nov 14, 2005 (8:53 am)
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I got a quote on a 2006 ml350 of $577.29/month for 39 months 12,000 miles with $5500(includes taxes) out of pocket. It is for the premium package, sunroof package, heated seats, 18"wheels. The msrp was $49,655. Is this reasonable? Thanks for your help.
Sale price 46,600
money factor 298
residual 63% 31,282.65
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- #30 of 249
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Re: ML350 Lease So. Cal. [Car_man]
by russ11
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Nov 14, 2005 (1:51 pm)
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Replying to: Car_man (Nov 14, 2005 4:18 am)
Car_Man, I just Leased a 2006 ML350 from my local dealership here in Santa Monica,Ca..I shopped around and the best deal that I could get reads as follows..msrp $45,545.00 appearance package, sunroof package, and entertainment package...$2000.00 total drive-off including 1st month payment and $552.00 month including tax..the sales price was $40,449.00 and money rate was a tier 1 credit .00314 ..it's 39 months and 12K per year...do you think I could have done better or is this about as good as it gets for now????
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- #31 of 249
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Re: ML 350 Lease [taketheoffer]
by spikeya4
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Nov 14, 2005 (2:37 pm)
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Replying to: taketheoffer (Nov 12, 2005 2:04 pm)
First month payment, motor vehicle fees, etc...
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