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Mercedes-Benz M-Class Lease Questions

576 messages,  Last post on Dec 07, 2009 at 7:44 PM

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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#388 of 576
2009 ML 350 and 2010 ML 350 lease comparison by rahulg
Sep 01, 2009 (8:21 pm)
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Hi Car man
 
can you pls post the lease numbers for 12000 mile, 36 month lease for 2009 ML 350 and 2010 Mercedes ML 350. Want to compare deal between the two.
 
Thanks Rahul
#389 of 576
Re: 2009-2010 ML 350 Lease MF and Residual [Car_man] by chelentano
Sep 01, 2009 (9:04 pm)
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Replying to: Car_man (Aug 28, 2009 2:40 am)

does the $2000 rebate still apply in September?
#390 of 576
what should i be paying by m1000
Sep 03, 2009 (8:26 am)
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This seems high to me, what should i be paying on a 2010 ml 350 4matic
 
MSRP: 54,000
*i get a 3k fleet incentive
Cap Cost: 47,700
MF .00102
Residual 54%
$5,114 + motor vehicle fees down
36 months w/ 12k/yr PMT=550, including tax
 
what should i shoot for my payment to be?
#391 of 576
Re: 2009 ML 350 and 2010 ML 350 lease comparison [rahulg] by Car_man HOST
Sep 09, 2009 (2:01 am)
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Replying to: rahulg (Sep 01, 2009 8:21 pm)

Hi Rahul. Here's the information that you're looking for. Mercedes-Benz Financial's current buy rate lease money factor and residual value for a 36 month lease of a 2009 ML350 AWD with 12,000 miles per year are .00395 and 46%, respectively. As you can see, Mercedes is not providing lease support on the 2009 version of this truck any longer. If you really want to lease one, you would be better off going with a 2010 model. The lease program for the '10 is much better, .00102 and 52%.
 
When negotiating your lease on the 2010 model, make sure to take advantage of the $2,000 dealer cash that is currently available on leases of it.
 
If you decide to go with a leftover '09, you can use the $6,000 dealer cash that MB is providing on it to your advantage.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#392 of 576
Re: 2009-2010 ML 350 Lease MF and Residual [chelentano] by Car_man HOST
Sep 09, 2009 (2:02 am)
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Replying to: chelentano (Sep 01, 2009 9:04 pm)

Hi chelentano. Not exactly. MB pulled the plug on its lease support for most 2009 models, including the ML350. It replaced its special lease program on the '09 ML350 with $6,000 dealer cash. It now has a $2,000 cash incentive on leases of the '10 model.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#393 of 576
any thoughts? by m1000
Sep 09, 2009 (6:26 am)
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carman, any thoughts on my deal post #390. thanks
#394 of 576
Re: what should i be paying [m1000] by Car_man HOST
Sep 21, 2009 (2:17 am)
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Replying to: m1000 (Sep 03, 2009 8:26 am)

Hi m1000. The money factor that you were quoted is right in line with Mercedes' current buy rate for this truck. That's always a good sign. As far as the selling price goes, I personally would shoot for $500 to $1,000 over dealer invoice minus the $2,000 cash incentive that Mercedes is currently providing on leases of this truck and whatever other cash incentives you qualify for. You can look up the exact invoice price of the truck that you want, as you want it equipped, over in the New Vehicle Pricing section of this site.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#395 of 576
ml 350 - is this a deal? by tmtdr
Sep 24, 2009 (8:15 am)
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Hello. I am looking to lease the 2010 ML 350 - Using a USAA discount, the following is proposed.
 
MSRP - $53,205
Invoice - $50, 142
USAA price - $47,142
Dealer states this is $700 over invoice
3 year, 12k miles
 
$1500 down - includes first month, tax , title etc.
Lease price $719 plus tax = $762 delivered to house.
Any comments. Thank you.
#396 of 576
Re: ml 350 - is this a deal? [tmtdr] by david2u
Sep 27, 2009 (2:50 pm)
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Replying to: tmtdr (Sep 24, 2009 8:15 am)

Sounds way too high.
Just was quoted today for ML350, P1, heated seats, running boards 640.00 with no cap cost, just first month and taxes.
 
My 2007 E350 w4 still has 4 payments left which they will eat.
#397 of 576
Re: ml 350 - is this a deal? [tmtdr] by storm10
Sep 27, 2009 (7:24 pm)
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Replying to: tmtdr (Sep 24, 2009 8:15 am)

Here is what I did: I went to link title, where you can go to "Dealer Quotes", select your State and request a quote individually from every Mercedes-Benz Dealership in the country. Let them compete between themself. Whoever comes with the lowest price - earns my business. I did not care about rates or residuals, etc... All I care - who can give the lowest payment. The best deal I got on my E350 was $2,100 below invoice plus they had $2,500 incentive at the time, but I did not care about all that. The only thing made a deal is the lowest payment.
Hope it helps.

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