2011 Mercedes-Benz Lease Rates - October 2010

My Take: Well that didn’t last very long…MBFS decided to bump the money factor up this month. Talk about short-lived! Not sure what the 27-month lease terms look like on the C300 Sport, but if the MF is anything like we see right now, your payments will be more expensive. Not all is lost however. The ML and CLS still have very good lease numbers right now so it is certainly a worth a look if they fall within your budget. With that said, here’s a shocker for ya….

2011 GLK350 4matic on a 48mo/15k term.
MSRP – $39575
Sale – $35966
Monthly – $480+tax

2011 ML350 4matic on a 48mo/15k term.
MSRP – $50883
Sale – $45036
Monthly – $498+ tax

Sick huh? Here you have a ride that costs $10,000 more leasing for only $18 more than the cheaper model!!! That’s the magic of leasing folks, more car for the money. If you are looking to get into a GLK this month, I would recommend the ML instead.

FIND A MERCEDEZ-BENZ DEALER NEAR YOU

FIND A MERCEDEZ-BENZ DEALER NEAR YOU

FIND A MERCEDEZ-BENZ DEALER NEAR YOU

FIND A MERCEDEZ-BENZ DEALER NEAR YOU

FIND A MERCEDEZ-BENZ DEALER NEAR YOU

Mercedes-Benz Incentives from Edmunds.com

Lease rates provided by LeaseCompare.com

9 thoughts on “2011 Mercedes-Benz Lease Rates – October 2010”

BC on 2010/10/07

According to my calculations, the special 27 month lease terms presently offered by MB on the C300 Sport and C300 Sport 4Matic use the same rates as are listed above for the 24 month lease on those vehicles. Because the published special is based on a 10,000 mile/year lease, however, the residual used in the special is 3% greater than that for a 15,000 mile/year lease.

Log in to Reply
RR on 2010/10/08

G,

My 2008 C300 has about 8 months left on a 39 month lease. I read about a MB incentive that allows you to exit the lease early without penalty.

Do you know what the current deal is ( 3, 5, 6) months?
Does this tend to change monthly?

Log in to Reply
- G on 2010/10/08
  
  RR,
  I think the “pull-ahead” program you are referring to is only up to 6-months, but it does change. Most of the ones I hear about are 3-months. I don’t know what they have going on right now, but I am willing to bet it’s 3 months. The dealer should have more details, they are usually pretty excited to hear about people wanting to end their leases early so if the program is available, I’m sure they will try to get you in on it if you qualify.
  
  Log in to Reply
hypnotics on 2010/10/15

Hey G,

Any idea what the numbers are for 2010 ML350 4matic in northeast? Good discounts are available, $4600 dealer cash and $2490 credit for 4matic package…not bad! Also, I know you can buy up to 10 MSDs, but how much of a reduction on MF is each MSD?

Thanks

Log in to Reply
- G on 2010/10/17
  
  hypnotics, I don’t have any info on 2010 models, but the 2011 seems to have really good lease rates. As for the MSDs, I don’t know many of the details on MBZ MSDs unfortunately, just the BMWs.
  
  Log in to Reply
hypnotics on 2010/10/22

G,

In case of 2011 ML350 4matic, the MF is 0.0002 (0.48%)…would you consider 48 month lease? I know 36-month lease is usually the the way to go, but the payment is much more attractive with a 48-month? Please let me know your thoughts.

Thanks

Log in to Reply
- G on 2010/10/22
  
  Yes. MBs lease best at 48-month terms instead of 36-months. Just expect to pay for tires by the end of the lease. If we were to project over the course of 12 years, (assuming the payments, tire costs and drive-off fees remain the same), you would save about $10,000 by opting for the 48-month vs the 36-month. Pretty crazy huh? Of course, this is strictly a MB thing, most other automakers jack up the money factor on 48-month leases so the savings aren’t as high.
  
  Log in to Reply
Gene on 2010/10/23

G,

So I took your advice and pulled the trigger on a 2011 ML 350 4matic for the wife. Here are the details:

MSRP: $56,095
Invoice: $52,831
Sell Price: $51,285 ($254 dollars over dealers cost)
Term: 48 months
Options: Premium 1, Rear ent pre-wiring, heated fron seats, multi-functional steering wheel

Fees Up-front + 1st Month = $1964.45
Monthly Payment = $543.53 with tax
Also got the prepaid maintenance plan, final monthly = $571.65

Thanks for all of your help!!!

Pictures to follow.

Log in to Reply
- G on 2010/10/25
  
  congrats Gene! that’s a pretty competitive price for the ML right now about 9-11% off MSRP is usually what people are getting (depending on region). Anyway, good job! I think the ML might be getting a make over next year because they are really trying to move those! Anyway, looking forward to the pics, you can send them to “thewall(at)ridewithg.com”. Hope your wife loves the car!
  
  Log in to Reply

RIDE with G

For those who lease cars

2011 Mercedes-Benz Lease Rates – October 2010

9 thoughts on “2011 Mercedes-Benz Lease Rates – October 2010”

Leave a Reply Cancel reply