My Take: I’ve picked out some of the following models as “decent” leases for the month. As usual, the leases with high residual values (.00200+) should be avoided. Those above .00100 may need some MSDs to make them a bit more affordable. Residual values for all Mercedes Benz are typically fairly low, so don’t expect any crazy-cheap leases. Don’t forget to do a little shopping for comparable models from other brands to see if its worth the extra cash to be seen in a Benz.
Here are some of the notable models you should probably look into:
ML350, ML350 4matic, R350, CLK Convertibles, SL550 and non-AMG SLKs.
I might consider doing away with “THE LIST” since there haven’t been CAN’T-MISS deals lately. The 2009 E-Class, 2009 3-series, 2009 Acura TL and 2009 C350 were probably the best all-around deals this year. Other honorable mentions are the G37, Accord and Camry. As you can see, most of the better deals occured in the 1st half of the year (which I consider the best time to lease), so you probably won’t be seeing great deals on the 2010 until sometime next year.
- Visit THE LIST for a list of recommended leases for the month.
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2010 Mercedes ML
2010 Mercedes ML350 BlueTEC
24-month | 15k miles | residual 59% | .00420 base money factor
36-month | 15k miles | residual 52% | .00385 base money factor
48-month | 15k miles | residual 43% | .00385 base money factor
60-month | 15k miles | residual 37% | .00385 base money factor
2010 Mercedes ML350
24-month | 15k miles | residual 53% | .00059 base money factor
36-month | 15k miles | residual 50% | .00124 base money factor
48-month | 15k miles | residual 39% | .00124 base money factor
60-month | 15k miles | residual 34% | .00385 base money factor
2010 Mercedes ML350 4matic
24-month | 15k miles | residual 53% | .00082 base money factor
36-month | 15k miles | residual 50% | .00102 base money factor
48-month | 15k miles | residual 39% | .00102 base money factor
60-month | 15k miles | residual 34% | .00385 base money factor
2010 Mercedes ML550 4WD
24-month | 15k miles | residual 49% | .00420 base money factor
36-month | 15k miles | residual 43% | .00385 base money factor
48-month | 15k miles | residual 36% | .00385 base money factor
60-month | 15k miles | residual 32% | .00385 base money factor
2010 Mercedes ML63 AMG 4WD
24-month | 15k miles | residual 53% | .00420 base money factor
36-month | 15k miles | residual 46% | .00385 base money factor
48-month | 15k miles | residual 39% | .00385 base money factor
60-month | 15k miles | residual 34% | .00385 base money factor
2010 Mercedes R
2010 Mercedes R320 BlueTec
24-month | 15k miles | residual 55% | .00420 base money factor
36-month | 15k miles | residual 49% | .00385 base money factor
48-month | 15k miles | residual 42% | .00385 base money factor
60-month | 15k miles | residual 38% | .00385 base money factor
2010 Mercedes R350
24-month | 15k miles | residual 49% | .00158 base money factor
36-month | 15k miles | residual 45% | .00123 base money factor
48-month | 15k miles | residual 36% | .00123 base money factor
60-month | 15k miles | residual 32% | .00385 base money factor
2009 Mercedes CLK
2009 MODELS
2009 Mercedes CLK350 Coupe
24-month | 15k miles | residual 43% | .00420 base money factor
36-month | 15k miles | residual 40% | .00385 base money factor
48-month | 15k miles | residual 34% | .00385 base money factor
60-month | 15k miles | residual 29% | .00385 base money factor
2009 Mercedes CLK350 Convertible
24-month | 15k miles | residual 50% | .00118 base money factor
36-month | 15k miles | residual 47% | .00118 base money factor
48-month | 15k miles | residual 34% | .00118 base money factor
60-month | 15k miles | residual 29% | .00385 base money factor
2009 Mercedes CLK550 Coupe
24-month | 15k miles | residual 41% | .00420 base money factor
36-month | 15k miles | residual 38% | .00385 base money factor
48-month | 15k miles | residual 32% | .00385 base money factor
60-month | 15k miles | residual 27% | .00385 base money factor
2009 Mercedes CLK550 Convertible
24-month | 15k miles | residual 48% | .00118 base money factor
36-month | 15k miles | residual 45% | .00118 base money factor
48-month | 15k miles | residual 34% | .00118 base money factor
60-month | 15k miles | residual 28% | .00385 base money factor
2009 Mercedes SL
2009 Mercedes SL550
24-month | 15k miles | residual 51% | .00050 base money factor
36-month | 15k miles | residual 47% | .00020 base money factor
48-month | 15k miles | residual 35% | .00020 base money factor
60-month | 15k miles | residual 27% | .00385 base money factor
2009 Mercedes SL600
24-month | 15k miles | residual 42% | .00420 base money factor
36-month | 15k miles | residual 39% | .00385 base money factor
48-month | 15k miles | residual 29% | .00385 base money factor
60-month | 15k miles | residual 22% | .00385 base money factor
2009 Mercedes SL63 AMG
24-month | 15k miles | residual 42% | .00420 base money factor
36-month | 15k miles | residual 38% | .00385 base money factor
48-month | 15k miles | residual 29% | .00385 base money factor
60-month | 15k miles | residual 24% | .00385 base money factor
2009 Mercedes SL65 AMG
24-month | 15k miles | residual 36% | .00420 base money factor
36-month | 15k miles | residual 32% | .00385 base money factor
48-month | 15k miles | residual 25% | .00385 base money factor
60-month | 15k miles | residual 22% | .00385 base money factor
2009 Mercedes SLK
2009 Mercedes SLK300
24-month | 15k miles | residual 49% | .00097 base money factor
36-month | 15k miles | residual 46% | .00082 base money factor
48-month | 15k miles | residual 37% | .00082 base money factor
60-month | 15k miles | residual 31% | .00385 base money factor
2009 Mercedes SLK350
24-month | 15k miles | residual 51% | .00158 base money factor
36-month | 15k miles | residual 48% | .00123 base money factor
48-month | 15k miles | residual 39% | .00123 base money factor
60-month | 15k miles | residual 32% | .00385 base money factor
2009 Mercedes SLK55 AMG
24-month | 15k miles | residual 47% | .00430 base money factor
36-month | 15k miles | residual 45% | .00385 base money factor
48-month | 15k miles | residual 35% | .00385 base money factor
60-month | 15k miles | residual 32% | .00385 base money factor
G, thanks for the info.
Looking at the 2010 ML 350. MSRP: $53,185 Invoice: $49,524
If I could get invoice ($49,524) minus the $2000 dealer cash currently being offered for a SP of $47,524…what do you think I could get a lease for on a 36/39 10K ?
Thanks a lot
@msf83. You would be looking at a monthly payment of about $630 before sales tax. Your inception would include that 1st month payment + MB’s Bank fee of about $1095 + dealer fees + dmv fees. I estimate this to run about $2000-$2500, depending on your state. I have the lease rates for 39mo terms, so I can’t really estimate. I would guess that the payments would drop 10-20 bucks per month, with inception fees around the same. If you manage to get the $47.5k sale price, that would be a good price for the ML.
Thanks again.
I’m in Texas, and I’m trying to find out if there if the tax credits are still available. Does anyone reading this know?
@MSF. That was 36mo/10k miles per year. I’m not sure about the tax credit in Texas, so your best bet would be to inquire with your dealer.
For your quote above, what was the term?
@G. I have been told from a leasing company that there is a “sweet spot” for a 35 month lease on an ML350 4matic this month. Is this true? Do you know anything about this?
@seth. as Marc says, the sweet spots are generally around 3 yrs, give or take a few months. I haven’t heard of anything specific relating to a 35-month lease, but I know 39-months are typically used to help lower the payments somewhat. I personally don’t really like 39-months too much because it requires me to pay for a whole years auto registration just to drive the car 3 months.
@Seth,
Since companies lose money by offering short terms (24 months) they try to encourage people into longer leases by providing better rates in the 33-39 month range. So, in some situations there is a “sweet spot.” Good luck on the 350 deal!
Also, as you pointed out in previous threads G, some companies only offer a three year warranty; so for those remaining few months when you are most likely to encounter a problem you wont be covered.
Thanks for the feedback!