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Mercedes-Benz M-Class Lease Questions

568 messages,  Last post on Dec 05, 2009 at 8:27 PM

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


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#61 of 568
Re: ML350 SUV lease question [camicami] by varunku
May 16, 2006 (6:11 am)
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Replying to: camicami (May 13, 2006 9:43 am)

can someone share their experience of leasing ML320 using carsdirect.com
I received this quote, I would like to know if this is a good price.
MSRP 48965
Invoice 46093
 
Quoted price is $46093
money factor .00255
Residual 67%
Downpayment $4000 [ includes Doc fee + tax + license + registration + first month payment + cap cost reduction ]
Aquisition fee $795
 
Monthly payment $644 [ including tax ]
27 months ; 15 k/year
#62 of 568
Re: ML350 SUV lease question [camicami] by varunku
May 19, 2006 (8:30 pm)
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Replying to: camicami (May 10, 2006 9:39 pm)

Could you please let me know if there was a disposition fee for your lease. I was asked for $595 disposition fee at the end of lease on a ML 350. The dealer claims that this is standard charge for all customers.
 
Thanks!
#63 of 568
Re: ML350 SUV lease question [varunku] by camicami
May 19, 2006 (9:13 pm)
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Replying to: varunku (May 19, 2006 8:30 pm)

varunku,
 
I didn't see anything about a disposition fee on my lease agreement and I don't remember them telling me about a charge when I return the car. There is something that said $500 charge on the agreement if I don't return the vehicle maintenance booklet with the car. I also bought the excess wear and tear plan for $600. Maybe they want you to buy that and if you don't, then they charge you anyway. That excess plan is supposed to cover damages when I return the car so I don't have to pay extra, which could include repairs to tires, paint, dents and dings, lights, interior, carpet, etc.
 
good luck with finding your car! I already took mine on a mini-roadtrip, very comfortable and drives fine.
#64 of 568
Re: ML350 SUV lease question [camicami] by varunku
May 19, 2006 (10:17 pm)
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Replying to: camicami (May 19, 2006 9:13 pm)

wow!.... that was a fast reply. Thanks a lot!
I almost bought the car. But walked out after noticing the disposition fee $595
Here was the price approx.
MSRP : $48500
INVOICE : $45444
paying price: $44400
Money Factor : .00275
Aquitision fee : 1095
Residual : 67%
 
Monthly with Tax $639
 
Down payment $4000 [ Cap cost reduction + includes first month lease + license fee+ state tax + Doc fee + Tires etc ]
 
Disposition fee : $595 [ Retunable if I go with another mercedese at the end of lease ]
#65 of 568
Re: ML350 SUV lease question [varunku] by camicami
May 20, 2006 (10:53 am)
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Replying to: varunku (May 19, 2006 10:17 pm)

yup fast reply when this site is practically the only one I visit right now, except when I read my emails.
 
So you walked out on this deal? This actually looks like a good deal, maybe better than mine! With gas prices soaring though, maybe you could find something better. I'm happy with my ML350 though, the premium package looks really nice. I have my car for 12,000 miles a year for 39 months, so I kept my other car just in case I go over the miles. This is the first time I've leased.
 
have fun finding that car, looks like you might be exploring others instead, the BMW's look great too.
#66 of 568
Re: ML350 SUV lease question [camicami] by varunku
May 22, 2006 (1:14 pm)
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Replying to: camicami (May 20, 2006 10:53 am)

The dealer called me the next day and said he will split the disposition fees, I got a $300 discount, he deducted it from the initial $4000 downpayment.
I have bought the ML350 [black on black with appearence package + comfort package + sirus + heated front seats + moon roof + DVD nav
x5 is coming out with 2007 model ,its 7-seater.
 
$3700 drive off
$639.5 monthly for 27 months with 15k per year
 
you might want to check your lease contract, this fee is collected my almost all the dealers. They don't tell you when you sign up for the lease, the fee is listed on "Other fees" column on the service contract.
 
I had found out when I calculated the final amount mentioned on the lease paper.
#67 of 568
Re: ML350 SUV lease question [varunku] by camicami
May 23, 2006 (6:24 pm)
Reply

Replying to: varunku (May 22, 2006 1:14 pm)

oh wow. I think you got an awesome deal! I thought I did ok with about $3,000 below MSRP but it looks like you will get yours for what, like $5-6000 below MSRP? You got more miles per year and a smaller driveoff amount too.
 
Did you get your car from carsdirect.com? Maybe I'll do that for next time.
 
yes, I guess I will check my lease contract. You are probably right, it's somewhere in there hidden.
#68 of 568
Re: ML350 SUV lease question [camicami] by varunku
May 23, 2006 (9:15 pm)
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Replying to: camicami (May 23, 2006 6:24 pm)

I was ready to get the car from a dealer 300 miles away using carsdirect.com, they were ready to ship the vehicle to my house. But carsdirect.com never mentioned to me about the $795 disposition fee, that needs to be paid at the end of the lease.
I think cardirect is good if you want to buy the vehicle from a local dealer.
#69 of 568
Lease Special on ML350 through July 2006. by caa1
Jun 12, 2006 (7:24 am)
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It appears there is a lease deal again on this vehicle until the end of July. Could someone please help with the numbers on this deal? What is the current MF and residual values? I would like to do 27 months but at 12k miles per year. Thanks in advance!
#70 of 568
Re: Lease Special on ML350 through July 2006. [caa1] by Car_man HOST
Jun 20, 2006 (4:07 am)
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Replying to: caa1 (Jun 12, 2006 7:24 am)

You're right, caa1. Mercedes-Benz is providing lease support on the 2006 M-Class right now. Its special lease program for this truck is currently scheduled to run through the end of July. I haven't seen this truck's 27 month lease program, but its 36 and 39 month, 12,000 mile per year buy rate lease money factor and residual value are currently .00285 and 61%. Its 24 month and 30 month numbers are .00255 / 69% and .00255 / 63%.
 
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