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Mercedes-Benz M-Class Lease Questions

1548 messages,  Last post on May 22, 2013 at 4:30 AM

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

Messages Page 85 of 156

#837 of 1548 Re: 2010 ML350 4 Matic Residual & MF ??? [fpinho] by Car_man HOST

Oct 25, 2010 (3:54 am)

Replying to: fpinho (Oct 18, 2010 2:58 pm)
Hi fpinho. You definitely will be better off leasing a 2011 M than a 2010 model at this point. Mercedes pulled the plug on its lease support for leftover models a while ago.
 
Mercedes-Benz Financial's October buy rate lease money factor and residual value for a 24 month lease of a 2011 ML350 4Matic with 10,000 miles per year are .00020 and 65%, respectively.
 
The numbers for an otherwise identical 36 month lease are .00020 and 56%.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#838 of 1548 Re: 2010 ML350 4 Matic Residual & MF ??? [Car_man] by marsab73

Oct 25, 2010 (11:58 am)

Replying to: Car_man (Oct 25, 2010 3:54 am)
Those lease rates are attractive, are there any other incentives on these 2011 MB ml 350 4matics?
 
Their special advertisment here in so cal is like $509/mo with $5k drive off.

#840 of 1548 Is this lease offer on a 2011 ML350 good? by racheleverett

Oct 25, 2010 (4:30 pm)

Hi all,
 
I'm writing to share a lease deal I was offered by EuroMotorcars Germantown. Would you please let me know if you think it looks good?
 
Vehicle: 2011 ML350
MSRP: $61,160 (includes $875 for destination and delivery)
Selling price: $57,160
PDF of sale price quote: http://tinyurl.com/ml350quote
Money factor: .0009
Term: 36 month lease
Miles: 12000 per year
My credit score: 780
Down payment: $0 (for purposes of this estimate)
Monthly payment: $849
 
Thanks!
Rachel

#841 of 1548 Buying out a strangers lease from mb financial? by mol4

Oct 25, 2010 (8:30 pm)

I found someone who is "selling" their leased 2009 ml350 for the buyout amount
Listed on mb financials records, about 31k, plus the tax, so about 34k. Current leasee put only 10k miles. Concern is that he wants me to write check in full to mb financial, he will write up bill of sale and notarized it, but the sale still puts the car first to him, not direct to me. Then he turns over docs and I get title from state... Is there any way to make this transaction less risky? Should I take him and car to dealer and have them handle this transaction?

#842 of 1548 Re: 2010 ML350 4 Matic Residual & MF ??? [marsab73] by Car_man HOST

Oct 26, 2010 (2:57 am)

Replying to: marsab73 (Oct 25, 2010 11:58 am)
Hey marsab73. Unfortunately, Mercedes is not currently providing any cash incentives on leases of the 2011 ML350. There's a ton of dealer cash on leftover 2010 models, but they don't have the special lease rates available on them.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#844 of 1548 Re: Is this lease offer on a 2011 ML350 good? [racheleverett] by jpres11

Oct 26, 2010 (6:45 pm)

Replying to: racheleverett (Oct 25, 2010 4:30 pm)
Rachel,
 
I think you can do better a lot better. Send some internet quotes via Edmunds.com to other dealerships in your area. Use those quotes against the other dealerships and let them know you are working with such and such and this is what they offered..etc.. It worked for me as I am in my second week lease of a 2011 ML 350, 15k miles 39 months, out of pocket was 1st payment and fees.... I initially worked with the same dealer you mention and they were high in my opinion. Good luck.. Hope my post helps.

#845 of 1548 Re: Is this lease offer on a 2011 ML350 good? [racheleverett] by hypnotics

Oct 26, 2010 (7:00 pm)

Replying to: racheleverett (Oct 25, 2010 4:30 pm)
Rachel,
 
Selling price is too high, aim for $56-$56.2K
Demand banks money factor of 0.0002 (dealership is tacking the .0007 on)
Residual = 55% for 36 months 12k/yr
If you get those, the payment should be $639.09 + tax
 
Hope this helps

#846 of 1548 Re: Is this lease offer on a 2011 ML350 good? [jpres11] by marsab73

Oct 26, 2010 (11:46 pm)

Replying to: jpres11 (Oct 26, 2010 6:45 pm)
hi jpres11, if you dont mind me asking what are your monthly payments with tax ??
 
Im headed to my local MB dealer (SO CAL)tomm morning and need some ammo.
 
Does anyone know whether or not the november special offers are released before the 31st of October or is this something the mb staff do not find out about until midnight of the 31st.

Messages Page 85 of 156

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