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Mercedes-Benz M-Class: Lease Questions

561 messages, Last post on Dec 05, 2009 at 6:24 PM
You are in the Mercedes Benz M-Class Forum. Your Hosts are steve_ & tidester
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Hi everyone. Please use the following discussion to post any questions that you have about leasing a Mercedes-Benz M-Class. Thanks. Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: Car_man (Aug 31, 2005 3:57 pm) Car Details: 3-Zone Climate Control $750 Heated Front Seats $690 Parktronic $750 SIRIUS Satellite Radio $500 Packages 317 Comfort Package $1,450 319 Lighting Package $890 320 Entertainment Package $1,080 323 Air Suspension Package $1,775 324 Sunroof Package $1,390 326 Premium Package $6,150 Roof Spoiler $398 iPod Integration Kit $299 Hands-Free Communication System $923 TOTAL: $58,260 Thanks again. The info on this forum has been the biggest help in doing research on cars.
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| Has anyone leased an ML350? Anyone been quoted any numbers? | |
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Replying to: rezultz (Oct 04, 2005 8:20 pm) |
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i've been shopping around for an suv and we've, narrowed it down to the an X5 3.0 and ML350... the wife really loved the ML350, she's away on vacation and i'd love to surprise her when she gets back and have the car in the drive way... this is the best deal i've gotten so far, how does it look to you guys, can i do better ? info... MSRP. $45K Neg price $43K 39 months/ 12K $600 tax included $1,500 drive off. what do you guys think, should i pull the trigger ?
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Hello rezultz. BMW's lease program on the 2006 X5 is much more attractive than the program that is available on the 2006 Mercedes-Benz ML350 right now. If I personally had to decide between these two trucks, I would pick the X5 without blinking. I would be happy to calculate a lease payment on the truck that you are interested for you in using Mercedes-Benz Credit's actual lease program, however you never mentioned its selling price. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the truck that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. You may be able to get an idea of how much you should pay for this model by visiting the following discussion: "Mercedes Benz M-Class: Prices Paid & Buying Experience". Car_man Host Smart Shopper / Prices Paid Forums |
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Hi linodis. That certainly is a nice surprise you are planning. The price that you were quoted for the 2006 ML350 that you are interested in, a $2,000 discount, looks reasonable to me. The market for this truck started to soften a little bit once gas prices start to get so high. Let's estimate what this truck's lease payment should be like. According to my calculations, if you were to lease a 2006 Mercedes-Benz ML350 with an MSRP of $45,000 and a selling price of $43,000 through Mercedes-Benz Credit right now for 39 months with 12,000 miles per year, its zero down, pre-tax monthly payment should be around $602. As you can see, the payment that you were quoted is right in line with what I came up with. If you like the truck, I don't see any reason not to proceed with operation surprise wife. Car_man Host Smart Shopper / Prices Paid Forums
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Replying to: Car_man (Oct 11, 2005 2:23 am) thanks again, LD |
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Hi everyone. I have never leased before and am suspicious of the payment Mercedes is giving me. I want to purchase a 2006 ML350 with MSRP 48,000. I am trading in a car with equity of 10,500 after they give me my trade in value. I have tier one credit and they have quote me a 39month lease with 15,000 miles a payment of 540 plus tax/month after I give them the 10,500. Am I getting ripped off? I talked with the business manager and he said that the lease payments are based on a money factor of 0.33 , interest rate of 8% and a residual value of 28,000. Please help
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Replying to: jkeus (Oct 13, 2005 4:02 pm) ML350 Metallic Paint Trim Package Heated Seats Power Gate Wood sterring wheel. $46,615 with 2k off for 44,615 62% residual .0035 money factor. this money factor seems a little high to me, does anyone know what the money factor should be for mercedes? I think this lease is still a little pricey. Any suggestions. thanks |
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