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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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#391 of 569
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 569
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 569
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 569
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 569
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 569
Re: ml 350 - is this a deal? [tmtdr] by david2u
Sep 27, 2009 (2:50 pm)
Reply

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 569
Re: ml 350 - is this a deal? [tmtdr] by storm10
Sep 27, 2009 (7:24 pm)
Reply

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.
#398 of 569
Invoice question by audi_man
Oct 02, 2009 (6:12 am)
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CAR_MAN
in regards to post #394 I have a question for you. Why you are suggesting to go over invoice for $500- $1000 while Overstock deals offer up to $600 bellow invoice on ML350 2010 models?
Do you suggest to go over $500 -$1000 Edmunds, dealers or Overstock's invoice Overstock' invoice includes dealer's regional and ad fees. Are these fees negotiable?
Does $2000 lease credit applies to anyone? or only to their current customers?
Do you think they would cover my Audi A6 2 remaining lease payments?
Sorry for so many questions
Thank you in advance
#399 of 569
Oct. Rates ?? by msf83
Oct 06, 2009 (9:31 pm)
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Car Man, could I please have the current rates for 36mo/10k on the ML350 2WD?
 
Also, is there still a $2,000 cash incentive like last month or has that changed?
 
TIA
#400 of 569
Re: Oct. Rates ?? [msf83] by audi_man
Oct 07, 2009 (5:44 am)
Reply

Replying to: msf83 (Oct 06, 2009 9:31 pm)

Hello mfs83,
Looks like $2000 rebate on 2010 models is still available. What lease numbers do you currently get for ML350? I'm on a market for ML350 4MATIC
it seems like dealers are willing to sell them bellow invoice (before rebate) Any comments?
Thanks

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