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|
|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
2009 Mercedes ML320 4WD
24-month | 15k miles | residual 65% | .00120 base money factor
36-month | 15k miles | residual 53% | .00060 base money factor
48-month | 15k miles | residual 45% | .00060 base money factor
Don’t like what you see? Visit Leasecompare.com and see what 3rd party banks offer!