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Mercedes-Benz M-Class Lease Questions

541 messages,  Last post on Dec 01, 2009 at 10:29 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#370 of 541
Re: About to do a new 2009 ML350 lease [brandon790] by brandon790
Jul 10, 2009 (2:18 pm)
Reply

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 541
Re: Car_Man or Kyfdx Need money factor on ML350 Bluetec [bettyblu] by Car_man HOST
Jul 21, 2009 (2:56 am)
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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
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Prices Paid: Buying & Leasing Experiences Forum
#372 of 541
2009 ML 350 Lease MF and Residual by rahulg
Jul 27, 2009 (11:13 am)
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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
#373 of 541
2009 ML320 BlueTec -- is this an OK price? by nagnihot
Aug 07, 2009 (5:18 pm)
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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.
#374 of 541
Re: 2009 ML 350 Lease MF and Residual [rahulg] by Car_man HOST
Aug 11, 2009 (1:41 am)
Reply

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
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Prices Paid: Buying & Leasing Experiences Forum
#375 of 541
Re: 2009 ML320 BlueTec -- is this an OK price? [nagnihot] by Car_man HOST
Aug 11, 2009 (1:50 am)
Reply

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
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Prices Paid: Buying & Leasing Experiences Forum
#376 of 541
ML Incentives by pacdecimal
Aug 14, 2009 (7:18 pm)
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I was quoted $2,000.00 MBenz, $1,775.00 Dealer and $4,000.00 Fleet Credit Union discounts. With .0050 MF on 36 at 10K per year at MBenz of San Francisco.
 
I'm thinking I can get slightly better at San Jose or at Pleasanton, CA.
#377 of 541
Re: About to do a new 2009 ML350 lease [jayrider] by jagman7
Aug 16, 2009 (6:25 am)
Reply

Replying to: jayrider (Jul 10, 2009 10:16 am)

hi guys,
 
i just picked one up for my wife and wanted to see if it was a good deal. 2009 ML350 with navi and all options. sticker was 54K and they discounted the car to around 47K. 36 month lease with 12K per year. 575/month with 5000 out of pocket. included first month payment.
 
let me know what you think
#378 of 541
2009-2010 ML 350 Lease MF and Residual by am1199
Aug 17, 2009 (6:14 pm)
Reply
Hi Car_Man,
  
Please post money factor and residual for August for 2009-2010ML350 4Matic. I'm interested to get 36 months lease with 10K. Any incentives?Thanks, Alex!
#379 of 541
Re: About to do a new 2009 ML350 lease [jagman7] by pacdecimal
Aug 18, 2009 (8:27 pm)
Reply

Replying to: jagman7 (Aug 16, 2009 6:25 am)

Looks like your deal is very close to what's being offered by Mercedes Benz.
 
09 ML350 4wd,, $599.00, 36X10K per year, $5000.00 something at DO. And money factor of .0050 or 1.20%. Residual 44%

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