Price Check Please?
Thread Starter
MBWorld Fanatic!
Joined: May 2008
Posts: 1,057
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From: Los Angeles
AMG & RR
Price Check Please?
2012 ML350
Grey
Black Full leather
P2
Driver Assist
Rear Seat Entertainment
MSRP 63K and some change
Lease as follows:
$2500 down, $795 (including tax, fees, license, etc.) monthly for 36 months
12,000 miles a year
46% residual
$57,985 Cap Cost
Good, Ok, or Bad deal?
Grey
Black Full leather
P2
Driver Assist
Rear Seat Entertainment
MSRP 63K and some change
Lease as follows:
$2500 down, $795 (including tax, fees, license, etc.) monthly for 36 months
12,000 miles a year
46% residual
$57,985 Cap Cost
Good, Ok, or Bad deal?
Last edited by Merc-Skycap; Feb 11, 2012 at 03:08 AM.
Thread Starter
MBWorld Fanatic!
Joined: May 2008
Posts: 1,057
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From: Los Angeles
AMG & RR
I have no idea, monthly payment seems higher due to the residual being low. Not sure, wanted to confirm by others in the market for a similar car because I'm thinking of pulling the trigger on it.
Newbie
Joined: Aug 2011
Posts: 7
Likes: 0
Your residual is wrong. Go to Edmonds.com lease forum, Where you will find all the info. also check Lease Guide.com, where you will find tons of info. about leasing. Do not lease until you get all the necessary info. for a better deal. This is for anyone who is thinking about leasing, Never put any money down in hopes of getting your monthly payment lower. You will not get your money back if your car is totaled. Ask your dealer ( members advise ) if Mercedes has MSD ( Multiple security Deposit ) program like BMW, where you can put up to 7 payments in advance ( You will get this money back at the end of your lease ) to lower your Money Factor. As per BMW MSD program with each MSD deposit your M F will go down, example if your initial M F is .00155 with your 1 MSD your M F will go down to .00145 and so on.
Regards,
Regards,
Last edited by Habsone; Feb 13, 2012 at 04:56 PM.
Junior Member
Joined: Jan 2012
Posts: 59
Likes: 0
From: NYC
2012 ML350 4MATIC (GAS)
My lease is $155 cheaper/mo. Almost the Same options (MBTex and no RSE). The only difference is 10K miles @ 30mo. My residual was 65%. Your residual should be between 62-64%
A good thing you checked here first because their numbers seem to be off.
A good thing you checked here first because their numbers seem to be off.
Thread Starter
MBWorld Fanatic!
Joined: May 2008
Posts: 1,057
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From: Los Angeles
AMG & RR
Thanks guys for the help. I finally pulled the trigger on one. Different residual and different cap cost, we went back and forth but got it just in time for Valentine's Day. Monthly payment did come out to $795 though, but the dealer did provide a shorter lease and included the service pre-pay as well. Walked out of there with only $2500 down. Sound better now?
I didn't want to be a complete jerk and not thank you guys for the assistance. Hopefully I got a good deal haha.
I didn't want to be a complete jerk and not thank you guys for the assistance. Hopefully I got a good deal haha.
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Thread Starter
MBWorld Fanatic!
Joined: May 2008
Posts: 1,057
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From: Los Angeles
AMG & RR
Final Numbers
Down: $2500
Cap: $56,571.45
Residual: 64%
Monthly Payment: $731.03 Base ($795.00 Total)
2012 Mercedes ML350
Steel Grey
Black Premium Leather (Special Order)
Optional Equipment & Added Packages
19" Twin 5-Spoke Alloy Wheel
Active Parking Assist with PARTRONIC
Special Order
Anthracite Poplar Wood Trim (SPC Order)
S02 Package
Rear Seat Entertainment Package
Driver Assistance Package
A penny for your thoughts?
Down: $2500
Cap: $56,571.45
Residual: 64%
Monthly Payment: $731.03 Base ($795.00 Total)
2012 Mercedes ML350
Steel Grey
Black Premium Leather (Special Order)
Optional Equipment & Added Packages
19" Twin 5-Spoke Alloy Wheel
Active Parking Assist with PARTRONIC
Special Order
Anthracite Poplar Wood Trim (SPC Order)
S02 Package
Rear Seat Entertainment Package
Driver Assistance Package
A penny for your thoughts?
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Senior Member
Joined: Jun 2010
Posts: 343
Likes: 1
From: Rancho Santa Margarita, CA
C250,GLK350
Bi-Xenon 350 Gas and Diesel models are Sold Order Only at this point due to the 550s and 63s having them as standard is taking the limited supply of the headlights at this point. Should ease as the factory who makes them for us is getting back to normal production very soon.
MBWorld Fanatic!
Joined: Sep 2011
Posts: 1,522
Likes: 3
From: East Texas
2004 Volvo XC70; 2012 GLK 350 4matic
Merc-Skycap offered a penny for my thoughts. To date, my thoughts are free & worth more than they cost.
Having to switch back and forth, Halogen-Xenon-Halogen-Xenon, I can assure you they are worth waiting for. Unless you only drive on brightly lit urban streets or brightly lit motorways in Belgium and you have no running, darting, popping up out of nowhere large critters in your path.
Wayne
Having to switch back and forth, Halogen-Xenon-Halogen-Xenon, I can assure you they are worth waiting for. Unless you only drive on brightly lit urban streets or brightly lit motorways in Belgium and you have no running, darting, popping up out of nowhere large critters in your path.
Wayne
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Joined: Jul 2003
Posts: 6,770
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From: Lake Oswego, OR
2020 GLE 450; 2023 BMW M2 Coupe
Bi-Xenon 350 Gas and Diesel models are Sold Order Only at this point due to the 550s and 63s having them as standard is taking the limited supply of the headlights at this point. Should ease as the factory who makes them for us is getting back to normal production very soon.
Senior Member
Joined: Jun 2010
Posts: 343
Likes: 1
From: Rancho Santa Margarita, CA
C250,GLK350
You are correct, looks like my notes failed me from launch training, our trainer told us that Bi-X would be standard on all V8 powered ML, must have been a running change up to the launch.
Thread Starter
MBWorld Fanatic!
Joined: May 2008
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From: Los Angeles
AMG & RR
Honestly guys I do understand the value of the lighting package but wherever I asked I had been informed that it was delayed and that dealers were expecting many 550s w/o it as well. Mercedes has a habit of having a couple things miss here and there within their first year production models. I experienced it with the C63 and now with the lighting package issue on the new ML. Therefore, considering it's just a lease and the time it took to find the right color combo, packages, etc. I decided to take it. It was one of only a couple in the States.
Just to update you all as well, I lucked out a bit. I was put in touch with the Gen Manager since the original deal fell through because of a mistake made by the Finance Coordinator (they give these guys very fancy titles) and was asked to come back in to re-do the deal. Long story short, thanks to you guys for helping I was able to get a better deal (since this time I had the car). 5k down, 24 months, and only $579 per month including tax and fees. Honestly it made up for the lighting package and makes things much more manageable financially. It's not a great deal but much much better than what I was being offered earlier don't you think?
I'll post up some pics soon
Just to update you all as well, I lucked out a bit. I was put in touch with the Gen Manager since the original deal fell through because of a mistake made by the Finance Coordinator (they give these guys very fancy titles) and was asked to come back in to re-do the deal. Long story short, thanks to you guys for helping I was able to get a better deal (since this time I had the car). 5k down, 24 months, and only $579 per month including tax and fees. Honestly it made up for the lighting package and makes things much more manageable financially. It's not a great deal but much much better than what I was being offered earlier don't you think?
I'll post up some pics soon
Thread Starter
MBWorld Fanatic!
Joined: May 2008
Posts: 1,057
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From: Los Angeles
AMG & RR
Thanks Wayne, haha yeah leasing is not for everyone I totally understand. As per the replacement I'm waiting to see what Land Rover has in mind for the new Range Rover Sport.
