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Mercedes-Benz M-Class: Lease Questions

570 messages,  Last post on Dec 07, 2009 at 6:30 AM

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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#421 of 570
Lease on a 2010 ML350 Blue Tec by arunnair
Oct 12, 2009 (3:58 pm)
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I need your expert guidance on this deal------I am finalizing a lease on a 2010 ML350 Blue Tec with P1 package, Rear Entertaintment System, Running Board, front seat heated, wood/leather steering, etc. I need your help to decide the best deal on 7,500 miles per year, 26 months-
  
1. The offer I have is: $750 per month with NO/NO Money Down OR $525 per Month with $8K down.
  
2. Also, have an offer on a 2010 ML350 Blue Tec with P2 and Lighting package for $775 per month with No/No money down OR $550 per month with $8K money down.
  
Please help me with your thoughts and guidance. Thank you.
#422 of 570
Re: 2010 ML350 Blue Tec Lease [arunnair] by imaxautogroup
Oct 12, 2009 (5:18 pm)
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Replying to: arunnair (Oct 12, 2009 3:57 pm)

If you can provide me the MSRP of the vehicle I can give you a better answer.
#423 of 570
Need thoughts on a Lease on 2010 ML350 Blue Tec by arunnair
Oct 12, 2009 (5:21 pm)
Reply
I need your expert guidance on this deal------I am finalizing a lease on a 2010 ML350 Blue Tec with P1 package, Rear Entertaintment System, Running Board, front seat heated, wood/leather steering, etc. I need your help to decide the best deal on 7,500 miles per year, 26 months-
  
1. The offer I have is: $750 per month with NO/NO Money Down OR $525 per Month with $8K down.
  
2. Also, have an offer on a 2010 ML350 Blue Tec with P2 and Lighting package for $775 per month with No/No money down OR $550 per month with $8K money down.
  
Please help me with your thoughts and guidance. Thank you.
#426 of 570
Re: 2010 ML350 Blue Tec Lease [imaxautogroup] by arunnair
Oct 12, 2009 (5:37 pm)
Reply

Replying to: imaxautogroup (Oct 12, 2009 5:18 pm)

I apologize - the deal is for 36 months. Again, the MSRP is $59,950. Thank you.
#427 of 570
Re: Need thoughts on a Lease on 2010 ML350 Blue Tec [arunnair] by storm10
Oct 12, 2009 (10:49 pm)
Reply

Replying to: arunnair (Oct 12, 2009 5:21 pm)

Do not put $8k down.
When you lease through MBF you automatically have gap insuranse, which covers the difference between what you owe to the bank and what it worth (inequity) in case if your car gets stolen or totalled. So you are protected against paying anything. However if something happend to your car, the gap will cover the difference - the gap, but will not cover anything you already spent - like $8k.
#428 of 570
Lease Figuers for ML-350 AWD by xmona
Oct 18, 2009 (1:09 pm)
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Can anyone tell me if the following is a good deal?
 
2010 ML350 AWD
Prem 1 pkg
Heated seats
 
Down pmt $6650
36 mo $525/mo 10K mi
 
money factor- 0.00096
#429 of 570
my recent deal by stma1
Oct 18, 2009 (2:57 pm)
Reply
I picked up a 2010 ml350 w/ p1 and heated seats
 
564.00 per month incl 9 % tax, 39 months, 7500 miles per year, 4300 total out of pocket
 
selling price was 46,500 , any thoughts
#430 of 570
Re: Lease Figuers for ML-350 AWD [xmona] by msf83
Oct 18, 2009 (6:59 pm)
Reply

Replying to: xmona (Oct 18, 2009 1:09 pm)

Read around this forum....putting down $6650 is crazy, if anything happens to the car you just threw 7 grand down the drain.

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