Report: Mercedes Launches Lease-Only ML450 Hybrid

Mercedes has just announced announced the ML450 Hybrid 4MATIC model is ready for purchase… sort of. The first complete product to use the two-mode hybrid system built by the joint General Motors, Daimler, BMW and Chrysler hybrid technology group will only be offered as a lease.
The ML450 Hybrid will be made available for either 36 or 60 months, at either $659 or $549 per month. Mercedes says this is due to a limited supply of batteries.
Mercedes appears to be following the Lexus hybrid plan, using hybrid-electric technology to achieve the power of a larger engine with the fuel consumption of a smaller one. The ML450 uses a 3.5-liter V6 engine and two electric motors to make 335-hp and 381 ft-lbs of torque. Unlike the S400 Hybrid, it will be able to operate exclusively on electric power for short periods of time. Its fuel economy is rated at 21/24 mpg (city/highway), which is roughly the same as the ML350 Bluetec diesel at 18/25 mpg. This is also a 46 percent improvement over the fuel economy rating of the similarly-powerful ML550.
GALLERY: ML450 Hybrid 4MATIC
Official release after the jump:
MONTVALE, NJ – On November 16, Mercedes-Benz will launch the innovative ML450 HYBRID, the first European full hybrid vehicle to be offered in the U.S. Featuring V8-like power with four-cylinder fuel economy, the ML450 HYBRID features two electric motors and a 275-hp V6 gasoline engine that work together to provide impressive hybrid power, fuel economy of 21 miles per gallon around town and 24 mpg on the highway.
The ML450 HYBRID joins the S400 HYBRID and our BlueTEC diesel models in our portfolio of fuel-efficient and environmentally compatible vehicles and will be offered as part of a special lease only option (no purchase) for a monthly lease price of $659 per month for 36 months and $549 per month for 60 months.
The ML450 HYBRID fulfills the same crash test requirements and offers outstanding active safety with stability control systems such as ESP, ABS and BAS, as well as 4MATIC all-wheel drive. The integration of the hybrid technology has been engineered to require no additional packaging space that would compromise comfort or functionality. The space available in the passenger cabin is as generous as before and the trunk capacity remains fully intact. From the outside, the ML450 HYBRID is recognizable by its modified hood, the BlueEFFICIENCY logo on the fender and by the HYBRID badge on its tailgate.
The New ML450 HYBRID Boasts 46 Percent Better Fuel Economy
The new Mercedes-Benz ML450 HYBRID uses a 3.5-liter V6 gasoline engine, optimized via the Atkinson cycle, two magneto-electric motors and sophisticated hybrid electronics to produce 46 percent better fuel economy than a comparable V8-powered ML550 model.
Integrated within the modified automatic transmission, each electric motor serves a specific purpose. Dedicated to pulling away under electric power, the motor on the transmission output shaft generates 80 hp and 192 lb.-ft of torque.
Located closer to the gasoline engine, the second electric motor is set up specifically for acceleration and is rated at 83 hp and 173 lb.-ft of torque. Working with both electric motors when full power is needed, the ML450 HYBRID has a total system performance of 335 hp and 381 lb.-ft. of torque.
The electric motors are powered by a liquid-cooled, 288-volt nickel-metal-hydride battery that’s enclosed under the rear cargo floor. A powerful computer controls the hybrid system, recalculating the best operating mode 160 times a second. Capable of up to 50 million calculations per second, the system works to maintain an ideal balance between fuel economy and performance.
During parking and low-speed operation, the ML450 HYBRID runs on the electric drive only. The ML450 HYBRID can drive solely on electric power up to a maximum speed of 34 mph. On hard acceleration, the gasoline engine is started automatically, and it works seamlessly with the two electric motors for excellent performance. The hybrid system includes a convenient start-stop function that turns off the gasoline engine – for example, when coasting up to a red light – and re-starts it during acceleration.
During braking and coasting, the electric motor acts as a generator, slowing the SUV and recovering kinetic energy. Under heavy braking, the vehicle’s conventional brakes also come into play. Recovered energy is stored in the battery and re-used whenever the SUV runs only on the electric motors.
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Hi , my question is , if there is an option until summer 2010 to buy the Mercedes ML45 Hybrid without a lease program . I am Diplomat and i am leaving to Europe July 2010. And i am wondering if i can Buy this excellent Car from here . Thanks