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Prices Paid: Buying & Leasing Experiences Mercedes-Benz M-Class Lease Questions
581 messages, Last post on Dec 09, 2009 at 7:28 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: Car_man (Mar 21, 2006 2:35 am) Wish I found this site before I bought my ML 350, but here's my question for you or to anyone: I just LEASED a 2006 ML 350. I don't know if I got a good deal, so if anyone can reply, I'd appreciate it. I do love the car and it drives fine, I didn't sense the weird transmission jerk or whatever. The MSRP was 49,835 with premium package, sunroof, heated seats, DVD navigation, power tailgate. I got it down to 45,577, which they told me was already 1,500 below invoice price. With the fees and all, it came out to a total of 46,717. This is a 39 month lease at $628.87 a month, tax included. I kept telling them I wanted below invoice, not at invoice, or over invoice, so hopefully that's what I got. The initial payment with all fees, etc. and first months lease was $5,300. I thought that was a lot to get the SUV out the door and it didn't seem to reflect the discount they gave me. We started at $5,300 out the door in the beginning of the deal and at the end of the day with their discounts, it was still the same. please respond and tell me if this is an ok deal. I always buy my car, this is the first time that I've leased. thanks. |
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Replying to: camicami (May 07, 2006 8:13 pm) res factor = 61% money rate = 0.00365
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Replying to: camicami (May 08, 2006 9:23 am) 59% for a 3yr/36. Saying the residual changed on April 30th, can anybody else validate this. Also I am seeing deals out of Southern california are about 1.5-2K under invoice, anybody seeing better ? |
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Replying to: camicami (May 07, 2006 8:13 pm)
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Hi Car_man, I am shopping to lease a ML350 SUV, what is the current money factor and residual factor for this suv ? Is there a Acquisition Fee & Disposition Fee during lease. what would be the approx fee for Documentation, Registration, License, Tag, and Title Fees for this SUV. Thanks
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Replying to: varunku (May 10, 2006 2:28 pm) |
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Replying to: varunku (May 10, 2006 2:58 pm) I don't know how all these numbers add up, but to answer your q's, this is what I paid for on an ML350 lease, hopefully you can do better: MSRP = $49,835 (premium package with DVD navigation, etc.) money factor=.00365 Residual factor=61% what I paid for= $45,577 Acquisition Fee = $1,095.00 Document fee = $45.00 Vehicle Total = $46,717 Monthly payment = $580.94 plus tax $47.93= $628.87 a month for 39 months If you add the following = driveoff lease was at $5,372.51 Monthly of $628.87 Capitalized cost reduction = 4042.40 Sales tax = 333.50 License fee = $359.00 Documentation = none Registration = none Tires = $8.75
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Replying to: camicami (May 10, 2006 9:39 pm)
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Replying to: varunku (May 11, 2006 10:03 am)
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Replying to: varunku (May 11, 2006 3:24 pm)
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