09 ML 350 4 MATIC
SILVER MB TEX P2
MSRP 56,165
15K MILES YR
39 MONTHS
SELLING PRICE $50,000
MF .000080
MONTHLY $765 TAXES INCLU
$2000 OOP
RESIDUAL 43%

thats not bad, but I just leased one with the residual at 53%, but thats probably due to different options and packages, or because i am in Canada and you are in the US? BUt generally speaking, i priced a X5 and Audi Q7 and all three with the same sort of equipment and packages, and both the bimmer and Volkswagen..i mean Audi were around $200.00/mnth more and they're list prices were the same, so Mercedes came out the winner for my wife and baby boy as the people mover.

any other inputs?

Seems high. I am paying $601.73 a month on a 27month 20K per year lease.

My total OOP was about $1400 and the truck listed for $54xxx.

I think they could do better -- that residual is killing you.' Also your MF rate seems too low -- what you posted works out to 0.192%. It is most likely 0.00080 which translates to 1.92%. (multiply your MF by 2400 to get a traditional percentage rate).

what should the residual be? i dont quite understand that part. Is or was your truck loaded as this one? Which dealer did you get it from in NJ? I'm in ct and will drive to jersey for the right price.

that seems really high to me.

thanks for the comments, however where should i be if i were to choose this vehicle price wise?

If it helps, I just bought an ML in NJ whose MSRP including destination was 54295, my price was 46500. It included some sort of corporate discount that the dealer gives to people who are employees of certain companies.

thanks tanqueray