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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

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


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#1 of 561
Mercedes-Benz M-Class: Lease Questions by Car_man HOST
Aug 31, 2005 (3:57 pm)
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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
#2 of 561
Re: Mercedes-Benz M-Class: Lease Questions [Car_man] by rezultz
Oct 04, 2005 (8:20 pm)
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Replying to: Car_man (Aug 31, 2005 3:57 pm)

Hi- I am currently looking into the ML350 as a lease option over the BMW X5 4.4i. I've been quote about $720 for the BMW fully hooked up with options. As far as the ML, the Mercedes website quotes an outragous lease rate for a much cheaper vehicle. I'd appreciate any realistic numbers for leasing an ML350 with 12k miles/year for 36 or 39 months.
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.
#3 of 561
Does anyone have ML lease info??? by rezultz
Oct 06, 2005 (2:31 pm)
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Has anyone leased an ML350? Anyone been quoted any numbers?
#4 of 561
Re: Mercedes-Benz M-Class: Lease Questions [rezultz] by 3sklion
Oct 07, 2005 (11:42 am)
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Replying to: rezultz (Oct 04, 2005 8:20 pm)

BMW may be qouting you a good deal but keep in mind that the new X5 body will be out one year from now...
#5 of 561
'06 ML350...lease, how's this look ? by linodis
Oct 10, 2005 (10:06 am)
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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 ?
#6 of 561
Re: Re: Mercedes-Benz M-Class: Lease Questions by Car_man HOST
Oct 11, 2005 (2:16 am)
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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
#7 of 561
Re: '06 ML350...lease, how's this look ? by Car_man HOST
Oct 11, 2005 (2:23 am)
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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
#8 of 561
Re: '06 ML350...lease, how's this look ? [Car_man] by linodis
Oct 11, 2005 (8:27 am)
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Replying to: Car_man (Oct 11, 2005 2:23 am)

thanks for the info.... the $600 a month they quoted me was including tax. so i guess it's a really good deal then ?
 
thanks again,
LD
#9 of 561
Lease question by jkeus
Oct 13, 2005 (4:02 pm)
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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
#10 of 561
Lease information by smith18
Oct 18, 2005 (2:18 pm)
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Replying to: jkeus (Oct 13, 2005 4:02 pm)

I was recently quoted approx $737 on a 39month lease with 15k.
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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