2010 ML350 price
Thread Starter
Junior Member
Joined: Jan 2009
Posts: 48
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2010 ML350
2010 ML350 price
All,
I am in the market to purchase a 2010 ML350 for my wife during the Winter Event and I need some advice on price. I can purchase one through USAA with the following features: Arctic white with cashmere MBtex, P1 pkg, lighting pkg, heated front seats, running boards and wood/leather steering wheel for $48,193 plus TTL. During the Winter Event I will also get 2.9% financing for 66 months and MB will make the first two payments, up to $750/mo. Is this a good deal?
Kevin
I am in the market to purchase a 2010 ML350 for my wife during the Winter Event and I need some advice on price. I can purchase one through USAA with the following features: Arctic white with cashmere MBtex, P1 pkg, lighting pkg, heated front seats, running boards and wood/leather steering wheel for $48,193 plus TTL. During the Winter Event I will also get 2.9% financing for 66 months and MB will make the first two payments, up to $750/mo. Is this a good deal?
Kevin
MBWorld Fanatic!
Joined: Nov 2001
Posts: 4,260
Likes: 6
From: Philadelphia area
2010 ML550, 2010 E350 4M, 1966 Corvette Convt C2
Sounds good to me. Except that 2.9% is available most anywhere to good credits. Overall its pretty good. The spec of the vehicle for me there would be some more options that I would require.
Thread Starter
Junior Member
Joined: Jan 2009
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2010 ML350
Thanks all. I thought it was a good deal, but I just needed some affirmation before I pulled the trigger. USAA has some great car buying services and I have been pre-approved for the 2.9% APR. I am going to have one happy wife this Christmas.
Kevin
Kevin
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Joined: May 2005
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From: San Jose
S600
if you can qualify for the 2.9, take it. but know the interest rate is inflated 1% reserve to allow the dealer to make money off of you. it is possible to get the dealer to remove the reserve, but its going to be tough.
lowest i've seen was 3.85% for 60 months with credit unions.
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2010 ML350
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MBWorld Fanatic!
Joined: Nov 2001
Posts: 4,260
Likes: 6
From: Philadelphia area
2010 ML550, 2010 E350 4M, 1966 Corvette Convt C2
you are mistaken, not many lending institutions have rates as low as 2.9% for 66 months.
if you can qualify for the 2.9, take it. but know the interest rate is inflated 1% reserve to allow the dealer to make money off of you. it is possible to get the dealer to remove the reserve, but its going to be tough.
lowest i've seen was 3.85% for 60 months with credit unions.
if you can qualify for the 2.9, take it. but know the interest rate is inflated 1% reserve to allow the dealer to make money off of you. it is possible to get the dealer to remove the reserve, but its going to be tough.
lowest i've seen was 3.85% for 60 months with credit unions.
Member
Joined: May 2005
Posts: 149
Likes: 0
From: San Jose
S600
Don't know where you are but I can get 2.7 to 2.9 from almost any bank I do business with. The dealer reserve in these "specials" is quite low or non existent. I would not waste your efforts trying this. I would not be surprised if they just get a small flat fee for the paperwork, maybe 200 bucks if that.
if your 2.7 to 2.9 is only for 24 months or less, then you aren't comparing apples to apples.
MBWorld Fanatic!
Joined: Nov 2001
Posts: 4,260
Likes: 6
From: Philadelphia area
2010 ML550, 2010 E350 4M, 1966 Corvette Convt C2
2 weeks ago I was offered 2.7% for 5 years on my new 2010 ML550. These rates are not from "advertising" banks but primarily commercial type banks I do business with and some consumer banks that offered me better than their advertised rates. I was not a "walk in" in any of them. Believe it or not banks around here are actually looking for retail customers in spite of what you hear.
Member
Joined: May 2005
Posts: 149
Likes: 0
From: San Jose
S600
2 weeks ago I was offered 2.7% for 5 years on my new 2010 ML550. These rates are not from "advertising" banks but primarily commercial type banks I do business with and some consumer banks that offered me better than their advertised rates. I was not a "walk in" in any of them. Believe it or not banks around here are actually looking for retail customers in spite of what you hear.
but imho, you gave some bad advice to the op regarding the interest rate. you made it seem from your initial post with good credit, anyone could find rates as low as 2.9 when in fact by your own admission, the rate you got were for an established customer with a specific local commercial type bank and other consumer banks (which i still find hard to believe)
so unless the op is in the same city and state as you, 2.9 for 66 months is something the op should consider as it is a good rate the general public with good credit has access to.
MBWorld Fanatic!
Joined: Nov 2001
Posts: 4,260
Likes: 6
From: Philadelphia area
2010 ML550, 2010 E350 4M, 1966 Corvette Convt C2
you are right, there are some banks out there with surplus amounts of money and have decided to lower the rates to get more loans out.
but imho, you gave some bad advice to the op regarding the interest rate. you made it seem from your initial post with good credit, anyone could find rates as low as 2.9 when in fact by your own admission, the rate you got were for an established customer with a specific local commercial type bank and other consumer banks (which i still find hard to believe)
so unless the op is in the same city and state as you, 2.9 for 66 months is something the op should consider as it is a good rate the general public with good credit has access to.
but imho, you gave some bad advice to the op regarding the interest rate. you made it seem from your initial post with good credit, anyone could find rates as low as 2.9 when in fact by your own admission, the rate you got were for an established customer with a specific local commercial type bank and other consumer banks (which i still find hard to believe)
so unless the op is in the same city and state as you, 2.9 for 66 months is something the op should consider as it is a good rate the general public with good credit has access to.
Senior Member
Joined: Apr 2007
Posts: 311
Likes: 73
From: Richmond, Virginia USA
'12 E550, '10 ML350, '06 E350, '20 GLC300, '21 GLC300
All,
I am in the market to purchase a 2010 ML350 for my wife during the Winter Event and I need some advice on price. I can purchase one through USAA with the following features: Arctic white with cashmere MBtex, P1 pkg, lighting pkg, heated front seats, running boards and wood/leather steering wheel for $48,193 plus TTL. During the Winter Event I will also get 2.9% financing for 66 months and MB will make the first two payments, up to $750/mo. Is this a good deal?
Kevin
I am in the market to purchase a 2010 ML350 for my wife during the Winter Event and I need some advice on price. I can purchase one through USAA with the following features: Arctic white with cashmere MBtex, P1 pkg, lighting pkg, heated front seats, running boards and wood/leather steering wheel for $48,193 plus TTL. During the Winter Event I will also get 2.9% financing for 66 months and MB will make the first two payments, up to $750/mo. Is this a good deal?
Kevin
I also negotiated a MB extended warranty from $4005 to $3360 for a 72 month/100,000 miles with 0 deductible.
ADD $395 processing and TTL fee.
I still get up to $1500 for the first two months and 2.9% financing @ 60 months thru the MB Winter Event.
What do you think?
Thread Starter
Junior Member
Joined: Jan 2009
Posts: 48
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2010 ML350
I don't have USAA. The best deal I could negotiate was this: 4WD, P1, Palladium silver, Parktronic, wood/leather steering wheel, black MB-Tex, Appearance pkg(20" wheels, AL rails), aluminum running board, factory hitch, MB all season rubber mats, heated front seats & $875 destination fee........$53,019
I also negotiated a MB extended warranty from $4005 to $3360 for a 72 month/100,000 miles with 0 deductible.
ADD $395 processing and TTL fee.
I still get up to $1500 for the first two months and 2.9% financing @ 60 months thru the MB Winter Event.
What do you think?
I also negotiated a MB extended warranty from $4005 to $3360 for a 72 month/100,000 miles with 0 deductible.
ADD $395 processing and TTL fee.
I still get up to $1500 for the first two months and 2.9% financing @ 60 months thru the MB Winter Event.
What do you think?
Now, I'm certain that someone will chime in stating that they could, or did, get a better deal or better financing. I wouldn't pay much attention to them as the circumstances are never the same and YOU got the best deal that YOU could get.
Have a great New Year with your new ML.
Kevin
Junior Member
Joined: Dec 2009
Posts: 27
Likes: 0
From: USA
'10 C300 Sport 4MATIC, Rover
FYI, the USAA price INCLUDES the destination fee. I bought one last month with USAA. If the dealer is charging you the destination fee, he is overcharging you. The info is there on the USAA site/paperwork.
Regards,
Brian
Regards,
Brian
Thread Starter
Junior Member
Joined: Jan 2009
Posts: 48
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2010 ML350
Destination fee was included in the USAA price. I just went back and reviewed my paperwork and I was not not charged extra for the transportation.
Kevin
Senior Member
Joined: Mar 2006
Posts: 308
Likes: 0
From: Missouri
E500(Sold), SL500(Sold), C350(Sold), ML350, SL65
you are mistaken, not many lending institutions have rates as low as 2.9% for 66 months.
if you can qualify for the 2.9, take it. but know the interest rate is inflated 1% reserve to allow the dealer to make money off of you. it is possible to get the dealer to remove the reserve, but its going to be tough.
lowest i've seen was 3.85% for 60 months with credit unions.
if you can qualify for the 2.9, take it. but know the interest rate is inflated 1% reserve to allow the dealer to make money off of you. it is possible to get the dealer to remove the reserve, but its going to be tough.
lowest i've seen was 3.85% for 60 months with credit unions.
Senior Member
Joined: Mar 2006
Posts: 308
Likes: 0
From: Missouri
E500(Sold), SL500(Sold), C350(Sold), ML350, SL65
I think you got a great deal. You managed to negotiate approximately $5800 off of the MSRP, a savings of 10%. USAA price would be $52,425 plus $875 destination fee for a final price of $53,300. You got a great deal, but more important, you have a great vehicle that you are going to be able to enjoy for years to come.
Now, I'm certain that someone will chime in stating that they could, or did, get a better deal or better financing. I wouldn't pay much attention to them as the circumstances are never the same and YOU got the best deal that YOU could get.
Have a great New Year with your new ML.
Kevin
Now, I'm certain that someone will chime in stating that they could, or did, get a better deal or better financing. I wouldn't pay much attention to them as the circumstances are never the same and YOU got the best deal that YOU could get.
Have a great New Year with your new ML.
Kevin
