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Mercedes-Benz M-Class Lease Questions

526 messages,  Last post on Nov 26, 2009 at 7:40 AM

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

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#366 of 526 Car_Man or Kyfdx Need money factor on ML350 Bluetec by bettyblu Jul 09, 2009 (11:04 pm)
Is the money factor and residual on the 2009 ML350 Bluetec different than the ML350?Lease    3 year 15000miles MSRP $62000. purchase price approx.$55000. Have owned BMW's before may try MB this time around.....IMHO....better cargo space in the ML. Thanks Replies to this message: Car_man (Jul 21, 2009 2:56 am)
#367 of 526 Re: About to do a new 2009 ML350 lease [brandon790] by jayrider Jul 10, 2009 (10:16 am)
Replying to: brandon790 (Jul 08, 2009 8:49 am) Plugging in the numbers in the post before yours -- the lease for your vehicle at 15k miles per year should be $544 plus tax and fees. At 12k miles yours should be a bit less. What money factor was your dealer using? Replies to this message: brandon790 (Jul 10, 2009 11:57 am) jayrider (Jul 10, 2009 1:32 pm) brandon790 (Jul 10, 2009 2:18 pm) jagman7 (Aug 16, 2009 6:25 am) pacdecimal (Aug 18, 2009 8:27 pm)
#368 of 526 Re: About to do a new 2009 ML350 lease [jayrider] by brandon790 Jul 10, 2009 (11:57 am)
Replying to: jayrider (Jul 10, 2009 10:16 am) The money factor is 0.0005 for the lease which works out to 1.2%. Your calculation does not seem to be true because the current lease programs all over Mercedes benz website and at the dealerships are 549.00 per month for 48months for a ML 350 automatic with only 10,000 mile per year with over $5,000.00 down. I would love for the deal to be 549.00. However ther are no known programs at mercedes benz finance with payments for $549 plus taxes and fees for 48 months with15,000 miles and $2100.00 out of pocket on a vehicle with an original msrp of $54450.00. If there is one, please give me the dealship info. Replies to this message: jayrider (Jul 10, 2009 1:32 pm) brandon790 (Jul 10, 2009 2:18 pm)
#369 of 526 Re: About to do a new 2009 ML350 lease [brandon790] by jayrider Jul 10, 2009 (1:32 pm)
Replying to: brandon790 (Jul 10, 2009 11:57 am) I just used car-man's info of .00050 mf and 44% residual. Cap cost $48400 minus residual of $23955 = $24445 / 48 months is $509.   $48400 + $23955 = $72355 / .00050 = $ 36.   $ 509 + 36 = $ 545 for a 48 month least at 15k per year. All fees and taxes extra.   Run the numbers , I may have miscalculated. Forget about so called programs -- you have all the numbers to run the lease. It is what it is.
#370 of 526 Re: About to do a new 2009 ML350 lease [brandon790] by brandon790 Jul 10, 2009 (2:18 pm)
Replying to: brandon790 (Jul 10, 2009 11:57 am) Note that there was only one ML 350 in the Northeast with the equipment mentioned above that was in stock. My local dealer did a swap with another MB dealership in MD and is having the car picked up and transported via Truck.
#371 of 526 Re: Car_Man or Kyfdx Need money factor on ML350 Bluetec [bettyblu] by Car_man HOST Jul 21, 2009 (2:56 am)
Replying to: bettyblu (Jul 09, 2009 11:04 pm) Hey bettyblu. Yes, Mercedes' lease program for the ML320 Bluetec is different from its program on the ML350. Mercedes-Benz is not currently providing any lease support on the diesel ML. As a result, if you were to lease one through MB Finance, you would have to use its standard lease program...which isn't very good.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#372 of 526 2009 ML 350 Lease MF and Residual by rahulg Jul 27, 2009 (11:13 am)
Hi Car Man   I contacted local dealer in Lincoln and he gave me a totally different money factor and residual for a 2009 ML 350 48 m / 15 k lease than what you have mentioned in your posts. He gave me a 0.00050 / 36% whereas you have posted a figure of 0.00050/44% for a 48 mth lease at 15 k miles per year. Kindly let me know whats the right value and if your value is right, how do I prove to dealership that they are giving me an inflated value. Sales mgr also told me that he will write to edmunds that they are posting a wrong lease value but I told him that my reliability factor on car man is much more and I have tested in my previous two leases.   Thanks, Rahul Replies to this message: Car_man (Aug 11, 2009 1:41 am)
#373 of 526 2009 ML320 BlueTec -- is this an OK price? by nagnihot Aug 07, 2009 (5:18 pm)
Hi, this car is a demo model, with 3200 miles, in NJ:    2009 ML320 BlueTec Black/Black M-B Tex H04 Maple wood trim P02 package 324 Sunroof 550 Trailer Hitch 873 Heated Front seats   MSRP (incl delivery): 57,475. Selling price: 47,900.   The selling price seems high; I want to make a counter-offer: what would be a good, aggressive number? 44K? 42K?   Also, I haven't told them yet, but once we settle on a price I will ask them to structure a lease. Are there any specials on the 2009 BTC models going on right now?   Thanks! Naveen. Replies to this message: Car_man (Aug 11, 2009 1:50 am)
#374 of 526 Re: 2009 ML 350 Lease MF and Residual [rahulg] by Car_man HOST Aug 11, 2009 (1:41 am)
Replying to: rahulg (Jul 27, 2009 11:13 am) Hi Rahul. Here's the latest lease program info for you. Mercedes-Benz Financial's current buy rate lease money factor and residual value for a 48 month lease of a 2009 ML350 4WD with 15,000 miles per year are .00050 and 36%, respectively. The 44% residual value is for 36 month leases.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#375 of 526 Re: 2009 ML320 BlueTec -- is this an OK price? [nagnihot] by Car_man HOST Aug 11, 2009 (1:50 am)
Replying to: nagnihot (Aug 07, 2009 5:18 pm) Hi Naveen. Mercedes-Benz is currently providing a $2,000 cash incentive on leases of the 2009 ML350 and ML550 through its captive finance company, but unfortunately no cash on the ML320. If you were in the market for a lease of a non-demo ML320, I would advise you to shoot for a selling price of as close to dealer invoice as possible.   The question on this deal is how much of an additional discount should you be getting for going with a demo model that already has over three thousand miles on it. The problem that I personally have with demos is that dealers never seem to be willing to discount what to me is essentially a low mileage used vehicle enough for me to personally justify going with one over an equivalent brand new model. I personally would want at least an additional $2,000 discount to go with this truck over a non-demo and I highly doubt that the dealer would be willing to cut its price by that much. Your threshold for going with a demo may be different.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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