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Mercedes-Benz M-Class Lease Questions

569 messages,  Last post on Dec 06, 2009 at 9:56 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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#373 of 569
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 569
Re: 2009 ML 350 Lease MF and Residual [rahulg] by Car_man HOST
Aug 11, 2009 (1:41 am)
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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 569
Re: 2009 ML320 BlueTec -- is this an OK price? [nagnihot] by Car_man HOST
Aug 11, 2009 (1:50 am)
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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 569
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 569
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 569
2009-2010 ML 350 Lease MF and Residual by am1199
Aug 17, 2009 (6:14 pm)
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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 569
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%
#380 of 569
theleaseoutlet.com by chelentano
Aug 22, 2009 (11:27 pm)
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Has anyone hear of this company? With no money down deals too good to be true?
 
http://www.theleaseoutlet.com/Auto/Mercedes-Lease-Specials.aspx
#381 of 569
Did I get a good deal? by ml350dude
Aug 26, 2009 (6:01 am)
Reply
The dealership tells me that my deal is incredible. That my lease beats most leases by about $100/month or $4000 cap cost payment and that he was able to do this by using what he calls an ambassador program.
 
Here is the specs:
2009 ML 350
36 months
15,000 miles
P1 package
Heated Front Seats
Brushed Aluminum Running boards
I dont know the interest rate which I see people post here
 
742.42 due at inception (includes DMV and 1rst month payment)
$679.92 total monthly payment (35 times thereafter)
 
Is this an incredible deal? God enough to take a car that is not my first choice in color both interior and exterior?
 
Thanks in advance...
Jordan
#382 of 569
I have 3 questions about the ML350 by ml350dude
Aug 26, 2009 (1:33 pm)
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1) How much does going from 10K to 12K to 15K add to the monthly payment on a lease, approximately? I mean is there a formula for that?
 
2) Also, does the p1 package come with the glove compartment iPod adapter? Or is that an upgrade above and beyond the P1?
 
3) How much is it to have the brushed aluminum running boards installed after market?
 
 


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