09 Mercedes G, GL, ML, R Lease Rates – March 2009

Published 2009/03/15 by G

logo_benz My Take: Of the whole lot, I just like the ML320s rates. As I mentioned last month, the ML320 is not exactly available in large volume because it is a diesel. However, I think this car’s lease rates look best compared to the other SUVs and Wagons in Merc’s lineup. This is definitely a “lease to buy” candidate (like most Mercs) and it also cheapest when you lease it at 48 months inteast of 36. There are no cash/rebate incentives on the ML, but there is special 0.9% financing for up to 66 months if you intend to buy the car. Not too bad if you ask me. I think Merc is really willing to drop prices to move cars right now. If you thumb through the forums, you’ll notice JoeBean getting about 3k under invoice on his C350, so keep that in mind when you visit your Merc dealer.

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			At Invoice		At MSRP
Make/Model	Invoice	MSRP	36-month	48-month	36-month	48-month
09 Mercedes ML320	$46,073	$49,475	$594*	$547**	$691*	$619**

NOTE: Estimates assuming the following conditions:

Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
Local Taxes not included.
24-month/15k and 36-month/15k terms.
All cars are stock, without any options.

2009 Mercedes G, GL, ML, R

DO NOT LEASE

09 Mercedes Benz ML320 Lease Rates for February 2009

Published 2009/02/24 by G

My Take: The ML320 isn’t a bad lease this month since the residual is higher than the rest of the MLs and the money factor is the lowest of all MLs as well. The problem is that since it’s a diesel, availability may be a problem. For example, my local dealer only has one. There is a “special” lease offer going on right now where the dealer contributes $1,589.06 and you pay $4424 at signing to get $579 per month payments for a 36 month lease/10k miles per year. If you don’t already know how I feel about “lease specials” then this is what you should know, they RARELY work out the way they are advertised. If anything, that’s just a way to get you into the dealership. Considering this car’s availability, you probably won’t find one equipped exactly as advertised in order to get those payments. So what would I do it? Use that as a rough guide to give you an idea as to how much the dealer is willing to contribute to lower your sale price.

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			At Invoice		At MSRP
Make/Model	Invoice	MSRP	24-month	36-month	24-month	36-month
2009 Mercedes ML320	$46,073	$49,475	$673	$594	$487	$819

NOTE: Estimates assuming the following conditions:

Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
Local Taxes not included.
24-month/15k and 36-month/15k terms.
All cars are stock, without any options.

2009 Mercedes ML320

Don’t like what you see? Visit Leasecompare.com and see what 3rd party banks offer!

09 Mercedes Benz Lease Rates for January 2009

Published 2009/01/16 by G

My Take: I thought I’d share a funny little thing I noticed while looking over the prices of the C300 Sport sedan. The 2008 C300 Sport’s base price starts at $31,600 while the 2009 C300 Sport’s base price starts at $32,900. From what I understand, nothing’s changed between the two model years, at least, nothing immediately noticeable. It just fascinates me how manufacturers keep bumping up the price tag every year (and I’m not even counting destination fees here). At this rate, the C-Class will cost about $40k base price by 2015. So much for “entry-level” luxury sedan. LOL. Anyway, the rates look slightly better than December 2008 thanks to a lower money factor and only a small 2% drop on residual. As for the rest of the Mercs, I’m very surprised to see the GL, ML, R and SLKs showing decent lease rates in January. Heck, I’m surprised to see any lease support at all coming from these guys.

			At Invoice		At MSRP
Make/Model	Invoice	MSRP	24-month	36-month	24-month	36-month
09 Mercedes C300 Sport	$31,472	$33,775	$530	$458	$630	$526

NOTE: Estimates assuming the following conditions:

Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
Local Taxes not included.
24-month/15k and 36-month/15k terms.
All cars are stock, without any options.

2009 Mercedes Benz January Lease Rates

Don’t like what you see? Visit Leasecompare.com and see what 3rd party banks offer!

09 Mercedez-Benz Lease Rates for December 2008

Published 2008/12/102008/12/11 by G

My Take: You probably want to stick with the C, CLK, CLS, E (MAYBE), GL and ML classes this month. Everything else seems like it will cost you far more than you should be paying. The models previously mentioned enjoy a fairly low money factor and a decent residual value. You probably want to opt for the 12k mile leases and maybe extend the lease to 48 month. Unlike BMW, Mercedes Benz seem to lease better in the 36-month and 48-month terms. With Warranty covering up to 48 months, you should be taken cared of in case something happens to your Benzo. Now the question is, do you really want to drive the same car 4 straight years? Personally, I have leased both 36-month and 48-month leases and I find that 48 month leases just a tad “too long”. In 4 years, I tend to find way too many flaws in one car and I end up not enjoying the latter part of my lease. Of course, it if works out in the budget, 48 month isn’t too bad, just keep your miles low (lower than your contracted allowance) and you can probably end your lease in advance by trading it in, you might even get some money back.

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			At Invoice		At MSRP
Make/Model	Invoice	MSRP	24-month	36-month	24-month	36-month
09 Mercedes C300 Sport	$31,472	$$33,775	$485	$467	$585	$535

NOTE: Estimates assuming the following conditions:

Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
Local Taxes not included.
24-month/15k and 36-month/15k terms.
All cars are stock, without any options.

2009 Mercedez-Benz December Lease money factors

Rates provided by Leasecompare.com

November 2008 Lease Rate for 09 Mercedes Benz Models To Avoid

Published 2008/11/112008/11/11 by G

My Take: Here’s a list of the “bad” 09 Mercedes Benz leases. If you are looking to lease any of the following cars, you may want to rethink that if you are shopping for a deal. Poor residual value and/or high money factors are never a good combination, even if you manage to get the dealer to lease the car at below invoice price. There’s just way too much interest and/or too much depreciation that even cash discounts can’t overcome, so try to avoid the following cars.

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QUICK LINKS:

LEASE CALCULATOR (requires MS Excel)
THE LIST, monthly list of car rankings on monthly payments

2009 Mercedes C350 Sport
24 Month – Residual 60% of MSRP – .00231 Base Rate
36 Month – Residual 51% of MSRP – .00234 Base Rate
48 Month – Residual 46% of MSRP – .00234 Base Rate
60 Month – Residual 39% of MSRP – .00395 Base Rate

2009 Mercedes C63 AMG
24 Month – Residual 61% of MSRP – .00430 Base Rate
36 Month – Residual 51% of MSRP – .00395 Base Rate
48 Month – Residual 47% of MSRP – .00395 Base Rate
60 Month – Residual 41% of MSRP – .00395 Base Rate

2009 Mercedes CL550 4matic
24 Month – Residual 55% of MSRP – .00430 Base Rate
36 Month – Residual 45% of MSRP – .00395 Base Rate
48 Month – Residual 42% of MSRP – .00395 Base Rate
60 Month – Residual 35% of MSRP – .00395 Base Rate

2009 Mercedes CL600
24 Month – Residual 46% of MSRP – .00430 Base Rate
36 Month – Residual 38% of MSRP – .00395 Base Rate
48 Month – Residual 35% of MSRP – .00395 Base Rate
60 Month – Residual 30% of MSRP – .00395 Base Rate

2009 Mercedes CL63 AMG
24 Month – Residual 48% of MSRP – .00430 Base Rate
36 Month – Residual 42% of MSRP – .00395 Base Rate
48 Month – Residual 34% of MSRP – .00395 Base Rate
60 Month – Residual 29% of MSRP – .00395 Base Rate

2009 Mercedes CL65 AMG
24 Month – Residual 44% of MSRP – .00430 Base Rate
36 Month – Residual 38% of MSRP – .00395 Base Rate
48 Month – Residual 32% of MSRP – .00395 Base Rate
60 Month – Residual 26% of MSRP – .00395 Base Rate

2009 Mercedes CLS63 AMG
24 Month – Residual 58% of MSRP – .00430 Base Rate
36 Month – Residual 50% of MSRP – .00395 Base Rate
48 Month – Residual 43% of MSRP – .00395 Base Rate
60 Month – Residual 37% of MSRP – .00395 Base Rate

2009 Mercedes E320 BlueTec
24 Month – Residual 57% of MSRP – .00430 Base Rate
36 Month – Residual 48% of MSRP – .00395 Base Rate
48 Month – Residual 45% of MSRP – .00395 Base Rate
60 Month – Residual 38% of MSRP – .00395 Base Rate

2009 Mercedes E63 AMG
24 Month – Residual 53% of MSRP – .00430 Base Rate
36 Month – Residual 44% of MSRP – .00395 Base Rate
48 Month – Residual 40% of MSRP – .00395 Base Rate
60 Month – Residual 33% of MSRP – .00395 Base Rate

2009 Mercedes E350 4matic Wagon
24 Month – Residual 48% of MSRP – .00430 Base Rate
36 Month – Residual 40% of MSRP – .00395 Base Rate
48 Month – Residual 38% of MSRP – .00395 Base Rate
60 Month – Residual 33% of MSRP – .00395 Base Rate

2009 Mercedes E63 4matic Wagon
24 Month – Residual 51% of MSRP – .00430 Base Rate
36 Month – Residual 42% of MSRP – .00395 Base Rate
48 Month – Residual 39% of MSRP – .00395 Base Rate
60 Month – Residual 32% of MSRP – .00395 Base Rate

2009 Mercedes GL550
24 Month – Residual 54% of MSRP – .00430 Base Rate
36 Month – Residual 45% of MSRP – .00395 Base Rate
48 Month – Residual 40% of MSRP – .00395 Base Rate
60 Month – Residual 34% of MSRP – .00395 Base Rate

2009 Mercedes ML320 CDI 4WD SUV
24 Month – Residual 67% of MSRP – .00430 Base Rate
36 Month – Residual 55% of MSRP – .00395 Base Rate
48 Month – Residual 46% of MSRP – .00395 Base Rate
60 Month – Residual 38% of MSRP – .00395 Base Rate

2009 Mercedes G550
24 Month – Residual 52% of MSRP – .00430 Base Rate
36 Month – Residual 45% of MSRP – .00395 Base Rate
48 Month – Residual 40% of MSRP – .00395 Base Rate
60 Month – Residual 33% of MSRP – .00395 Base Rate

2009 Mercedes G55 AMG
24 Month – Residual 48% of MSRP – .00430 Base Rate
36 Month – Residual 41% of MSRP – .00395 Base Rate
48 Month – Residual 38% of MSRP – .00395 Base Rate
60 Month – Residual 32% of MSRP – .00395 Base Rate

2009 Mercedes SLK55 AMG
24 Month – Residual 57% of MSRP – .00430 Base Rate
36 Month – Residual 49% of MSRP – .00395 Base Rate
48 Month – Residual 43% of MSRP – .00395 Base Rate
60 Month – Residual 37% of MSRP – .00395 Base Rate

2009 Mercedes S550
24 Month – Residual 54% of MSRP – .00430 Base Rate
36 Month – Residual 47% of MSRP – .00395 Base Rate
48 Month – Residual 38% of MSRP – .00395 Base Rate
60 Month – Residual 31% of MSRP – .00395 Base Rate

2009 Mercedes S550 4matic
24 Month – Residual 54% of MSRP – .00430 Base Rate
36 Month – Residual 47% of MSRP – .00395 Base Rate
48 Month – Residual 38% of MSRP – .00395 Base Rate
60 Month – Residual 31% of MSRP – .00395 Base Rate

2009 Mercedes S600
24 Month – Residual 42% of MSRP – .00430 Base Rate
36 Month – Residual 36% of MSRP – .00395 Base Rate
48 Month – Residual 33% of MSRP – .00395 Base Rate
60 Month – Residual 28% of MSRP – .00395 Base Rate

2009 Mercedes S63
24 Month – Residual 50% of MSRP – .00430 Base Rate
36 Month – Residual 43% of MSRP – .00395 Base Rate
48 Month – Residual 39% of MSRP – .00395 Base Rate
60 Month – Residual 32% of MSRP – .00395 Base Rate

2009 Mercedes S65
24 Month – Residual 43% of MSRP – .00430 Base Rate
36 Month – Residual 38% of MSRP – .00395 Base Rate
48 Month – Residual 34% of MSRP – .00395 Base Rate
60 Month – Residual 28% of MSRP – .00395 Base Rate

2009 Mercedes SL550
24 Month – Residual 58% of MSRP – .00430 Base Rate
36 Month – Residual 48% of MSRP – .00395 Base Rate
48 Month – Residual 40% of MSRP – .00395 Base Rate
60 Month – Residual 33% of MSRP – .00395 Base Rate

2009 Mercedes SL600
24 Month – Residual 48% of MSRP – .00430 Base Rate
36 Month – Residual 40% of MSRP – .00395 Base Rate
48 Month – Residual 33% of MSRP – .00395 Base Rate
60 Month – Residual 27% of MSRP – .00395 Base Rate

2009 Mercedes SL63 AMG
24 Month – Residual 53% of MSRP – .00430 Base Rate
36 Month – Residual 44% of MSRP – .00395 Base Rate
48 Month – Residual 37% of MSRP – .00395 Base Rate
60 Month – Residual 30% of MSRP – .00395 Base Rate

2009 Mercedes SL65 AMG
24 Month – Residual 47% of MSRP – .00430 Base Rate
36 Month – Residual 38% of MSRP – .00395 Base Rate
48 Month – Residual 33% of MSRP – .00395 Base Rate
60 Month – Residual 27% of MSRP – .00395 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

September 2008 Lease Rate for 08 Mercedes Benz ML-Class

Published 2008/09/292009/02/25 by G

My Take: Nothing to get too excited about here. You may get discounts on the sale price, but that MF and residual effectively offset any discounts you get. Pass. May want to try Leasecompare.com to see if 3rd party bank rates are better.

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Calculate your own lease payments with my LEASE CALCULATOR (requires MS Excel)

Check out THE LIST to see car rankings based on lease payments

2008 Mercedes ML320 CDI 4WD SUV
24 Month – Residual 64% of MSRP – .00385 Base Rate
36 Month – Residual 51% of MSRP – .00350 Base Rate
48 Month – Residual 42% of MSRP – .00350 Base Rate
60 Month – Residual 36% of MSRP – .00350 Base Rate

2008 Mercedes ML350 4WD SUV
24 Month – Residual 56% of MSRP – .00385 Base Rate
36 Month – Residual 45% of MSRP – .00350 Base Rate
48 Month – Residual 37% of MSRP – .00350 Base Rate
60 Month – Residual 32% of MSRP – .00350 Base Rate

2008 Mercedes ML550 4WD SUV
24 Month – Residual 50% of MSRP – .00385 Base Rate
36 Month – Residual 40% of MSRP – .00350 Base Rate
48 Month – Residual 34% of MSRP – .00350 Base Rate
60 Month – Residual 28% of MSRP – .00350 Base Rate

2008 Mercedes ML63 AMG 4WD SUV
24 Month – Residual 50% of MSRP – .00385 Base Rate
36 Month – Residual 40% of MSRP – .00350 Base Rate
48 Month – Residual 34% of MSRP – .00350 Base Rate
60 Month – Residual 29% of MSRP – .00350 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

July 2008 Lease Rate for 08 Mercedes Benz G, GL, ML & R

Published 2008/07/182008/07/17 by G

Laziness prevails…I’m posting all of the remaining Mercedes-Benz models I haven’t posted yet.
I prefer to post and comment on each model individually, but with all the cars out there, its been taking long to get these rates out there for you. So here they are, the MB G, GL, ML and R-Class.

2008 Mercedes G500 Wagon
24 Month – Residual 56% of MSRP – .00385 Base Rate
36 Month – Residual 49% of MSRP – .00350 Base Rate
48 Month – Residual 42% of MSRP – .00350 Base Rate
60 Month – Residual 37% of MSRP – .00350 Base Rate

2008 Mercedes G55 AMG Wagon
24 Month – Residual 51% of MSRP – .00385 Base Rate
36 Month – Residual 45% of MSRP – .00350 Base Rate
48 Month – Residual 39% of MSRP – .00350 Base Rate
60 Month – Residual 35% of MSRP – .00350 Base Rate

2008 Mercedes GL320 CDI Wagon
24 Month – Residual 62% of MSRP – .00165 Base Rate
36 Month – Residual 54% of MSRP – .00185 Base Rate
48 Month – Residual 45% of MSRP – .00185 Base Rate
60 Month – Residual 39% of MSRP – .00350 Base Rate

2008 Mercedes GL450 Wagon
24 Month – Residual 63% of MSRP – .00165 Base Rate
36 Month – Residual 56% of MSRP – .00185 Base Rate
48 Month – Residual 44% of MSRP – .00185 Base Rate
60 Month – Residual 38% of MSRP – .00330 Base Rate

2008 Mercedes GL550 Wagon
24 Month – Residual 58% of MSRP – .00365 Base Rate
36 Month – Residual 52% of MSRP – .00330 Base Rate
48 Month – Residual 41% of MSRP – .00330 Base Rate
60 Month – Residual 36% of MSRP – .00330 Base Rate

2008 Mercedes ML320 CDI 4WD SUV
24 Month – Residual 59% of MSRP – .00215 Base Rate
36 Month – Residual 51% of MSRP – .00215 Base Rate
48 Month – Residual 41% of MSRP – .00215 Base Rate
60 Month – Residual 33% of MSRP – .00215 Base Rate

2008 Mercedes ML350 4WD SUV
24 Month – Residual 60% of MSRP – .00185 Base Rate
36 Month – Residual 51% of MSRP – .00215 Base Rate
48 Month – Residual 39% of MSRP – .00215 Base Rate
60 Month – Residual 36% of MSRP – .00350 Base Rate

2008 Mercedes ML550 4WD SUV
24 Month – Residual 58% of MSRP – .00185 Base Rate
36 Month – Residual 48% of MSRP – .00215 Base Rate
48 Month – Residual 37% of MSRP – .00215 Base Rate
60 Month – Residual 34% of MSRP – .00350 Base Rate

2008 Mercedes ML63 AMG 4WD SUV
24 Month – Residual 51% of MSRP – .00250 Base Rate
36 Month – Residual 42% of MSRP – .00250 Base Rate
48 Month – Residual 36% of MSRP – .00250 Base Rate
60 Month – Residual 33% of MSRP – .00350 Base Rate

2008 Mercedes R320 CDI RWD Wagon
24 Month – Residual 60% of MSRP – .00130 Base Rate
36 Month – Residual 50% of MSRP – .00160 Base Rate
48 Month – Residual 42% of MSRP – .00160 Base Rate
60 Month – Residual 39% of MSRP – .00350 Base Rate

2008 Mercedes R350 RWD Wagon
24 Month – Residual 56% of MSRP – .00060 Base Rate
36 Month – Residual 48% of MSRP – .00090 Base Rate
48 Month – Residual 36% of MSRP – .00090 Base Rate
60 Month – Residual 33% of MSRP – .00350 Base Rate

2008 Mercedes R350 4matic Wagon
24 Month – Residual 58% of MSRP – .00075 Base Rate
36 Month – Residual 49% of MSRP – .00105 Base Rate
48 Month – Residual 37% of MSRP – .00105 Base Rate
60 Month – Residual 34% of MSRP – .00350 Base Rate

* Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: The vehicle enjoying the lowest MF on this list is the R350. The rich (wo)man’s station wagon, as I like to call it. These MB’s residual value are rather low overall, so they are hardly a bargain.

June 2008 Lease Rates for 08 Mercedes Benz ML-Class

Published 2008/06/17 by G

2008 Mercedes ML320 CDI 4WD SUV
24 Month – Residual 66% of MSRP – .00185 Base Rate
36 Month – Residual 54% of MSRP – .00215 Base Rate
48 Month – Residual 45% of MSRP – .00215 Base Rate
60 Month – Residual 41% of MSRP – .00330 Base Rate

2008 Mercedes ML350 4WD SUV
24 Month – Residual 60% of MSRP – .00185 Base Rate
36 Month – Residual 52% of MSRP – .00215 Base Rate
48 Month – Residual 40% of MSRP – .00215 Base Rate
60 Month – Residual 37% of MSRP – .00330 Base Rate

2008 Mercedes ML550 4WD SUV
24 Month – Residual 58% of MSRP – .00185 Base Rate
36 Month – Residual 49% of MSRP – .00215 Base Rate
48 Month – Residual 39% of MSRP – .00215 Base Rate
60 Month – Residual 34% of MSRP – .00330 Base Rate

2008 Mercedes ML63 AMG 4WD SUV
24 Month – Residual 52% of MSRP – .00250 Base Rate
36 Month – Residual 43% of MSRP – .00250 Base Rate
48 Month – Residual 37% of MSRP – .00250 Base Rate
60 Month – Residual 34% of MSRP – .00330 Base Rate

* Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: My Aunt has one of these monsters. I believe it is the ML550. Why a mother of 2 college graduates living in California needs a SUV with AWD defies my logic. The rates are quite average, nothing that would make me scream “great deal”. Crappy residual values and so-so money factors usually won’t motivate many to get one of these. Add on the fact that Premium gas is getting awfully close to $5 per gallon, the MLs probably won’t be moving off the lots too quickly.

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RIDE with G

For those who lease cars

ML320

09 Mercedes G, GL, ML, R Lease Rates – March 2009

09 Mercedes Benz ML320 Lease Rates for February 2009

09 Mercedes Benz Lease Rates for January 2009

09 Mercedez-Benz Lease Rates for December 2008

November 2008 Lease Rate for 09 Mercedes Benz Models To Avoid

September 2008 Lease Rate for 08 Mercedes Benz ML-Class

July 2008 Lease Rate for 08 Mercedes Benz G, GL, ML & R

June 2008 Lease Rates for 08 Mercedes Benz ML-Class