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2013 and earlier-Mercedes Benz GLK-Class Lease Questions

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  • Like magic, Option B is now reduced to $480/mo. all I had to do was explain that the Acura RDX is looking mighty tempting at a significantly lower cost. Still am likely to go with the RDX as they haven't pulled any sales games like this.
  • Yes, I can imagine such a knob on an Apple product - remember the first iPods? It wasn't that bad, now, was it? To tell you the truth, I find the COMAND menu system and the knob functionality so easy to use, I can not believe there are still people out there who would look for COMAND-less Mercedes because of it? :confuse:
  • You're very welcome mdxlessee.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hello max_anderson. Mercedes-Benz Financial's September buy rate lease money factor and residual value for a 36 month lease of a 2012 GLK350 4Matic with 12,000 miles per year are .00177 and 60%, respectively for consumers who qualify for its top credit tiers.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hi! I'm in the market looking for a '12 GLK 4Matic with Premium Package 1 and heated seats (maybe tech package). I have some questions:
    1) I was just quoted MSRP $43,426 and selling price $36,912. Can i do better?
    2) If I decide on doing the European Delivery, do you think I can knock off an extra 7%?
    3) I know there was a discount for the Comand option. Is this available on the GLK's?

    Thanks a lot in advance!
  • sk7533sk7533 Posts: 1
    That sounds like a pretty good deal. May I ask if that price includes some kind of discount (like fleet or conquest program?). Also can you post which dealer you got this offer. If you signup for autopay, you get even more discount.
  • enano74enano74 Posts: 7
    edited October 2011
    The deal includes the $1,000 conquest cash (I have a BMW now). The dealer is MB of Arlington in VA :)
    Yep, autopay and 10 MSD should make it even better.....now I also saw that 2011 E350 Bluetec has an excellent residual for a 24 months lease.....I don't know which one to pick !!!!
  • storm10storm10 Posts: 175
    You can not combine Multiple Security Deposits with Special money factor...
    By the way conquest is $2,000 now in October.
  • hi -- any idea what the money factor and residuals are for October?

    Mercedes site has a special 30 month lease on the 4matic.

    Wondering MF and residual for 10k and 7.5k miles/year leases

    thanks
  • Can you tell me what your final deal was? If you went with the GLK350 what were the specifics of the lease at $480 per month? Thanks
  • Hi all,

    Im interested in leasing a 2012 GLK350 4Matic with heated seats and premium 1 package, special paint also. MSRP is $ 43445. Mercedes has a special $ 419/month lease based on a $ 41065 cap cost. Then they require $ 3389 at signing--first month, $ 795 acquisition, and cap cost reduction of $ 2175. I can get the $ 43445 down to $ 39000 but when I do the math, mf and the rest, my totals are coming to over $ 500/month. Do I take their deal and just work on the money due at signing--i.e. try to eliminate the $ 2175 ? Thanks for any help, looking to pull the trigger soon.
  • billmvbillmv Posts: 142
    No. Don't take their deal. Negotiate everything first.

    It's easy to make the payment go down by increasing the amount of "down payment" you put up. Simple math. You want zero "down payment." DMV etc. up front is to be expected. You can either pay the acquisition fee up front in cash or roll it into the lease. Your choice.

    Post the basics of your lease here so we can help you analyze it. We need these five things:

    MSRP - 43,445
    Selling price. shall we use $39,000?
    Months? Beyond 36-39 the math goes south quickly.
    quoted MF?
    Residual value?

    With this info we can get you the pre-tax payment. And also tell where they are making money from the deal. THEN you back armed with all the knowledge you need.
  • The MF quoted when i went to the dealership was. 00177 and the residual on a 30 month lease was 66%, 60% on a 36 month, either with 12000 miles. This is what i came up with:

    Assume 38000 as my discounted cost

    38000-(43445 x. 66) divided by 30 months
    38000-28673.70 " "
    9326.3 " "
    $310.88 monthly finance payment

    (38000+28673.7) x. 00177 = $118.01

    Thus $310.88+$118.01 = $ 428.89 my monthly cost / no money down
    Am i correct? Thanks for the help!
  • Hi gavin2000. Mercedes-Benz Financial's October buy rate lease money factor and residual value for a 30-month lease of a 2012 GLK350 4Matic with 10,000 miles per year are .00177 and 67%, respectively for consumers who qualify for its top credit tiers.

    The residual value for a lease with only 7,500 miles per year would be 1% higher.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hi Car Man,

    I’m looking for the Money factor / residual value (tier 1) November numbers for 2 cars:

    2012 GLK 350 and C250 coupe

    24 or 36 months and 7,500 miles and also if conquest cash still available

    Thank you in advance for your help
  • Hi CarMan,

    I'm looking to lease a 2011 or 2012 GLK 4matic, for 30 months, 12-15k per year. Would you happen to have the current residuals/mfs for both MY's? I know leasing an '11 may not be favorable now, but i figured I would ask for your opinion.

    Thank you!
  • Hi CarMan,

    I currently have an offer on a GLK 350 rwd 15K miles per year for 3 years with command navigation,tier 1 credit and conquest program for $465.00/month

    vehicle price $33189
    MF 0.00121
    residual 60%
    $892 down (1st month and DMV costs)

    Can you let me know if this is a good deal

    thank you
  • Here you go sunnyfl1. Mercedes-Benz Finance's November buy rate lease money factor and residual value for a 24-month lease of a 2012 GLK 350 AWD with 7,500 miles per year are .00135 and 69%, respectively for consumers who qualify for its top credit tiers.

    The numbers for an otherwise identical 36-month lease are .00135 and 60%.

    The numbers for the 2012 C250 Coupe are .00225 / 78% and .00225 / 70% for Tier 1 customers.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • I certainly do porsche911c4s. Mercedes-Benz Financial's current 30-month buy rate lease money factor and residual value for a 30-month lease of a 2012 GLK 350 4Matic with 15,000 miles per year are .00135 and 62%, respectively for consumers who qualify for its top credit tier.

    You definitely do not want to lease a 2011 GLK right now. It's lease program is pretty bad.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Hi wineaddict. The money factor that you were quoted looks great. It's right in line with Mercedes' buy rate for this truck. It's great that you know that the selling price is. This is a very important number to know. I just need something to compare it to. Do you know this truck's MSRP or invoice price? Let me know and I'll tell you what I think.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
This discussion has been closed.