June 2008 Lease Rates for 08 Mercedes Benz ML-Class

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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