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Mercedes Benz M-Class: Prices Paid & Buying Experience

470 messages,  Last post on Dec 06, 2009 at 9:40 AM

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


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#407 of 470
Re: OK Price on 09 ML? And opinion on ML vs GX [tinsley1] by asa2
Feb 16, 2009 (3:56 pm)
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Replying to: tinsley1 (Feb 15, 2009 3:41 pm)

Are you leasing or buying? I asked my rep and he said in all fairness to other dealership, he couldn't say without more information and particulars of the deal. One thing he did mention is they (corporate) recently slowed production on ML's and GL's so there will be more of a premium on them now. He used to go behind invoice occasionally but they are much less likely to do it now because the vehicles will be getting scarce. More difficult to swap from other dealers, etc. (glad I'm looking at sedans/coupes now!)
 
As for MB Tex vs. leather-I'm a HUGE tex fan. It is very comfortable and wears really well. (I have kids too) I have the black but know friends with macademia (tan)---black of course holds up best with grass stains from cleats, etc.
I definitely would go for the ML-I have the 08 and wish I had the time to wait for the 09 but had to turn in another car. 09 is great from all reports. I will definitely stick with the M line and am looking for another MB after next lease turn in. I haven't really had any huge issues service wise, but when I had a problem with a tire, my dealership got us right in, loaner and out. Can't speak for other dealerships/other states. Regardless, best of luck to you--
#408 of 470
ML 350 (2009) pricing by train99
Feb 17, 2009 (8:23 am)
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Just wanted to post a price level for the ML. My wife and I just drove one off the lot yesterday (we leased). Black on black. The P01 and P02 trims were ~3,300 and 6,600 extra, respectively. We chose the BluTech, turbo diesel. It had more torque and punch vs the regular V6. But both are good.
 
We choose the base package (P00). This trim still leaves you with a great car. We weren't too concerned with DVD screens, running boards, heated seats among other things. With the base package, the price of the car was well under the X5's and comparable to the Volvo XC90 V8.
 
We looked at the XC90. Overall it was nice and good for the price. Our issue was the V6. It seemed too hollow from the sounds when you gave it some gas. It was worked too hard just to get enough speed to enter the highway. We take lots of trips to the mountain for skiing so a little more under the hood is reassuring in the higher elevations.
 
The new X5 is a nice looking car but just not worth the big price tag in our opinion. We are turning in our X3 shortly. The X3 was a nice vehicle but with our newborn, there just wasn't enough room (I'm 6'4" and leg room is a necessity). The ML has plenty of space, especially in the trunk.
 
We looked at the Touareg. Really liked the design and look. However the consumer report ratings were surprisingly low. We didn't even test drive.
 
Our experience was good at the dealership. The negotiations went smoother than I expected. There was some back-and-forth but not too bad. Below is the initial deal our salesman pitched to me followed to the deal I got:
 
2009 - ML320 BlueTEC 4dr SUV AWD (3.0L 6cyl Turbodiesel 7A)
 
MSRP: ~49,600 (I'm rounding here)
Their current "special", no negotiation:
Monthly lease payment: $579/mo
Lease factor: 2.14 or .0009
Dealer Discount: $1,600 off MSRP
3 year/36 month lease
10,000 miles a year. $0.25/mile afterward
~4,200 down (roughly. I dont remember the exact $ amount)
This deal comes out to $1,200 over invoice/dealer cost
 
After negotiations:
Lease factor: 1.80 (versus the 2.14 in the initial offere). Their cost is 1.44 so their profit was 70 basis points before negotiations. I said I would split the difference, which is how I received the 1.80. Might have gotten it lower but I wanted to focus on the price of the vehicle to get the bulk of my savings.
Ultimate/Final Price: $100 over invoice of ~46,600
Lease Term: same, 3 years
At this point the lease payment was ~615/month, give or take. I told him at $600 even we have a deal. They said yes.
Note: We increased the mileage to 15,000/year which increased the payment ~70/month. If we left if at 10,000, the payment would have been in the low $500's.
 
I suggest you first lock in a lower Lease Factor and set the miles/per. Then ask for the invoice. ALWAYS negotiate from the invoice. In my case, there was a $1,200 difference. I would chipping away from the bottom up which in the end helps you out and reduced their negotiating power.
 
They still made an ok profit as I left a little meat on the bone. There was more room to go but I didn't have enough info for a strong argument. The dealership receives factory rebates and volume discounts after they sell a vehicle so in my case their profit was more than the $100 over invoice. Another point: They get taxed on vehicles that remain on the lot at the end of each month so you can make the point that your saving them $ by taking it off their hands.
 
Last point (I know this is a long post). They had a ton of cars there, which is good from a buyers perspective and made the negotiations a little less painless. Feel free to ask me any follow up questions.
#409 of 470
Re: ML 350 (2009) pricing [train99] by hollydog
Feb 17, 2009 (8:40 am)
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Replying to: train99 (Feb 17, 2009 8:23 am)

sounds like you got a great deal. How much did you have to put down?
Thanks
#410 of 470
Re: ML 350 (2009) pricing [hollydog] by train99
Feb 17, 2009 (8:49 am)
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Replying to: hollydog (Feb 17, 2009 8:40 am)

the down increased (surprise) to $5,000 even. A big check to write, even with the initial offer, but I was powerless with that piece of the puzzle. Taking that into account, the monthly is even greater, but most folks don't look at it this way, which is fine with me. It's a premium car so you have to pay for that one way or another.
#411 of 470
Re: ML 320 Bluetec 2009 [gtreger] by train99
Feb 17, 2009 (8:54 am)
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Replying to: gtreger (Jan 16, 2009 7:39 am)

Not a bad price. See my last post (it's long). Did you ask for the invoice and lease factor? Those are two areas with plenty of wiggle room. Shoot for $100 over invoice or even less, they get rebates and incentives (sizable too, at least $1,000) for moving the cars off the lot, especially if it's a big dealership. You'll have to dig around to find these numbers but it's worth the effort.
#412 of 470
Re: ML 320 Bluetec 2009 [train99] by mercury11
Feb 17, 2009 (10:09 am)
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Replying to: train99 (Feb 17, 2009 8:54 am)

hey guys, i just bought a new 09 ML 350 yesterday, P1 package, heated seats, running board and pre wire entertainment. MSRP was 53345, i paid 47500, i know it's not that great of a steal. The saleman showed me the invoice, it was 50,000, the invoice here at edmund is 49672....close enough. I think they have a 2000 dealer holdback. So i felt 47500, 2grand below invoice was a decent deal. But after reading the above posts, i wasn't aware of the family discouts or dealer incentive, so now i am not sure if this is a good deal anymore. I went to 2 dealers in long island, rallye and helms brothers, both dealer didn't even have an ML to sell to me, Mercedes did stop production for 1 month, so I bought mine in NJ. i could probably have been more aggressive, and get them to take another grand off but i guess i just suck at negotiating,let me know if this is a good deal, appreciate it.
#413 of 470
Re: ML 320 Bluetec 2009 [mercury11] by train99
Feb 17, 2009 (10:14 am)
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Replying to: mercury11 (Feb 17, 2009 10:09 am)

that's a great deal. especially considering the P1 package. Nice work!
#414 of 470
Re: ML 350 (2009) pricing [hollydog] by elenaschwartz1
Feb 17, 2009 (4:40 pm)
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Replying to: hollydog (Feb 17, 2009 8:40 am)

I know my neighbor was looking at the ML and local dealership had a program on the diesel through corporate numbers from MB but no corp support on regular ML class for some reason (maybe because they slowed production? I dont' really know).
He wound up getting a similar deal-P1 car-White/Black/Heated Seats and i-POD integration and they threw in the phone pod -$2K out of pocket and 499/mo 12K miles/year. I don't know how many dealers have the numbers and honestly explain the situation to buyers but it's worth looking into if you are looking now. He wasn't going for a diesel but when they offered him the deal, it made no sense not to do it. Can't really argue with it.
#415 of 470
Re: ML 350 (2009) pricing [elenaschwartz1] by asa2
Feb 17, 2009 (4:49 pm)
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Replying to: elenaschwartz1 (Feb 17, 2009 4:40 pm)

I agree with above. I've become pretty close to my dealer/sales person and he confirmed same on diesels, but not regular ML's. They actually are being really tough on new ML's right now because they are just not out there and other dealers won't swap without one in exchange, etc. So, for the guy who just got a regular ML close to invoice, congrats.
 
As for the diesel lease, if you have DEPP support you can really clean up if you are willing to drive diesel. I think there are alot more diesels around right now for whatever reason.
#416 of 470
Re: ML 350 (2009) pricing [asa2] by mercury11
Feb 18, 2009 (7:17 am)
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Replying to: asa2 (Feb 17, 2009 4:49 pm)

Tons of diesel around, all 3 dealers I went to, the first thing they ask is if I am interested in a diesel instead. I like the low rpm diesel, but from 0 to 2000 rmp you aren't going to pass the car in front of you.

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