First off, I am new to the forum and this would be my first post. Thanks in advance for all your inputs.

So, I drove off a new 2011 ML350 RWD basic (no options) for a 36 month lease and 12k miles a year.

I am paying $541 a month TOTAL with 3000 dollars down - 1190 went towards cap reduction cost. Did I get a decent deal?

Also to note, from the papers, the agreed upon price was 43,000, about 1600 below invoice if I remember correctly.

Thanks everyone in advance!

 

RWD? I thought all MLs were 4MATIC.

 

Sorry. I just realized that a RWD option is available.

 

So any idea anyone? Thanks.

 

You did OK, an average fair deal. However you did not do so well on the spec of your ML. Its the most bare bones ML I have heard of. You are missing out on lots of fun and convenient features.

 

Sosh,

What would have been a great deal on the 2011 ML350? Could you give me an example? My dad is actually thinking about getting another one for himself and I want to try and get the best deal possible this time.

My wife's car was based on an MSRP of ~48k.

 

Thats difficult to answer as you are not saying what you wish to lease and what the MSRP is.

 

I got a quote of $529 + tax for 36 months, for a

2011 ML350 W4 with P1 package, 19'' wheels, trailer hitch, burl walnut trim, running board with MSRP of $48,990 and with options totalling $55,335. Black with cashemere mb-tex.

Downpayment of $4000 (approx $1000 for license fee)

I am new to lease and not sure if this is a good deal. MB financial offers this $529 + tax for all 2011 ML350 with a p1 pkg. So the dealer here offerred me to lower the downpayment to $2000 less + running board as I requested.