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Mercedes-Benz M-Class Lease Questions

242 messages,  Last post on Jul 05, 2008 at 9:00 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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#86 of 242
New Pricing Packages for ML 2007 by kris17
Sep 05, 2006 (8:33 am)
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It appears that MB is switching to a simplified package scheme. I am interest in a 2007 ML500, full leather and Package II in the DC area. I would be very appreciative to hear about individuals purchasing or leasing a similar model. I’m interested in leasing and am wondering if I can get this vehicle near invoice? Thanks
#87 of 242
Re: Mercedes-Benz M-Class: Lease Questions [Car_man] by bonch2004
Sep 05, 2006 (2:22 pm)
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Replying to: Car_man (Aug 31, 2005 4:57 pm)

hello. Would you please take a look at this deal:
lease ML350 2006
Price 48335
163 Standart pkg
318 Trim
320 Entertaintment
324 Sunroof
DVD NAvigation
heated front seats
disp fee 595
Resid %46
Money factor .0024
 
39 month- 796 monthly- no down/ 1 st pmnt +143$
Thanks a lot
#88 of 242
Re: Mercedes-Benz M-Class: Lease Questions [bonch2004] by kris17
Sep 07, 2006 (9:25 am)
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Replying to: bonch2004 (Sep 05, 2006 2:22 pm)

Just my back of the envelope calculation.... it seems your price of $48335 is just below invioce with a MSRP around $52k
So after 39 months the cars value is around .46*52k=$24k
The amount you are finacing is $48335-$24k=$24300 an interest rate .0024*(2400)=5.76%
using a payemnt calcualtor your payements should be around
Fiance $24300 5.76% for 39months = $685/month
So where is the extra $$$ your paying going?
Good luck
#89 of 242
Re: Mercedes-Benz M-Class: Lease Questions [kris17] by bonch2004
Sep 07, 2006 (10:13 am)
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Replying to: kris17 (Sep 07, 2006 9:25 am)

Thanks for the responce. What about taxes , IL, Cook county- somewhere between 6 and 7 %
#90 of 242
Re: Mercedes-Benz M-Class: Lease Questions [bonch2004] by kris17
Sep 07, 2006 (8:13 pm)
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Replying to: bonch2004 (Sep 07, 2006 10:13 am)

Yep... that'll do it.... add another 3k in taxes to what I did and your probaly right on the money.
#91 of 242
Re: Mercedes-Benz M-Class: Lease Questions [kris17] by bonch2004
Sep 08, 2006 (8:34 am)
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Replying to: kris17 (Sep 07, 2006 8:13 pm)

Thank you. So brokerage money will be around $2k for this deal. What do you think, is it a usual amount? Thanks again
#92 of 242
Re: Mercedes-Benz M-Class: Lease Questions [bonch2004] by kris17
Sep 08, 2006 (8:48 am)
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Replying to: bonch2004 (Sep 08, 2006 8:34 am)

I'm sory...I don't know what you mean by "brokerage" money.
#93 of 242
Re: Mercedes-Benz M-Class: Lease Questions [kris17] by bonch2004
Sep 08, 2006 (10:07 am)
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Replying to: kris17 (Sep 08, 2006 8:48 am)

I'm sorry- probably I was using a wrong expression. I mean- dialer’s profit. Thanks
#94 of 242
Re: Mercedes-Benz M-Class: Lease Questions [bonch2004] by kris17
Sep 08, 2006 (10:41 am)
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Replying to: bonch2004 (Sep 08, 2006 10:07 am)

It's my personal opinion that a good buissness deal occurs when both parties are happy. I think a profit of $2k for the dealer on a $50k car is fair and proper (I'm sure the dealer would have liked more..) The bottom line is (in my opinion) is that you got a good deal (getting the car you wanted near invoice) and the dealer got a reasonable profit for there services. One thought though... the 2007 are being delivered and if you waited one more month you could probably get a 2006
below invice. But who knows... if your happy with the car and don't care for a rear-view camera (2007 new product) go for it.
#95 of 242
Current MF and Residual on ML-350 by cfopv
Sep 18, 2006 (8:09 am)
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could you please post the current MF and residual for the ML-350 at 15K miles/year and 36 or 39 months whichever MB is using.

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