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2013 and earlier-Mercedes Benz GLK-Class Lease Questions

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Comments

  • colt311colt311 Posts: 5
    Hi Car Man,
    Could you please tell me what the RV% and money factor would be to lease a GLK320 for 36 months @10,000. If there isn't a MF published what is the MB standard MF rate for Tier 1 credit.
    Thank you!!
  • beast3012beast3012 Posts: 2
    Agree with coyote. Thank you car man for all the information!
    Was about to do a lease, but Decided to buy as well - over 5k off msrp and under 2% interest rate, no MB financial lease fee.
  • flacrabbflacrabb Posts: 4
    Hi Car Man - Will you please provide the residual and MF for a 24 month, 12K mile/yr. GLK350 lease?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    You're welcome coyote_bob. Yeah, Mercedes was offering some very attractive retail finance rates on the GLK (they're gone now). 38 MPG is outstanding for a vehicle that's this useful. Enjoy!

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi colt311. Mercedes-Benz Financial's current buy rate lease money factor and residual value for a 36-month lease of a 2013 GLK 350 4Matic with 10,000 miles per year are .00118 and 60% for consumers who qualify for its top credit tier.

    Now that I think about it, you might have been talking about the Diesel model, which used to be the 320, but is now called the GLK250. The numbers for a Tier 1 lease of that model are .00205 and 62%.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    You're welcome colt311. That's a good point about the fees. The $795 acquisition fee and $595 disposition fee add up to quite a bit.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Here's the information that you're looking for flacrabb. Mercedes-Benz Financial's June buy rate lease money factor and residual value for a 24-month lease of a 2013 GLK350 4Matic with 12,000 miles per year are .00118 and 69% for consumers who qualify for its top credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • glayfan40glayfan40 Posts: 20
    Just finished a deal for a 24mo, 12K mi/yr lease. Details below:

    Steel Grey - $720
    Premium 1 - $3450
    Heated seats - $750
    Becker Pilot Map pre-wire - $200
    Destination - $905
    Total - $44615

    Sale Price - $40,000
    RV - $32,122.8 (72%)
    Cal. MF - .0020
    Mo. Payment = $514 (incl. 6.25% tax)
    Total Out-of-Pocket: $1750 ($441 tag/doc, 1st payment, acquisition fee)

    Hope this helps!
  • cjra78cjra78 Posts: 2
    Hi Car Man
    I got a quote for the GLK 350 with one pay, please confirm if the price is OK
    MSRP is $43.595 (P1 without pano) total one pay is $10,400(includes tax, fees, etc)
    thank you in advance
  • cjra, What time period and mileage limits?
  • cjra78cjra78 Posts: 2
    24 months and 7500 miles
  • debndebn Posts: 6
    Car_Mar, do you know the July money factor and residuals?
    Thank you kindly!
  • richzrichz Posts: 125
    Yes, please post for 15K miles as well.
  • richzrichz Posts: 125
    Come on hosts, please respond!!
  • debndebn Posts: 6
    Currently, the 24 month lease is the sweet spot. I ended up getting 10% off MSRP, a ,money factor of .00118 and residual of 69% for 12k miles. The residual drops to 67% for 15k miles.
  • richzrichz Posts: 125
    Thanks man, so hard to get information on incentives, money factors, residuals, etc. these days.
  • tvboytvboy Posts: 1
    edited August 2013
    Does anyone know the money factor for August? I went in the other day and got a quote on a 2014 GLK that was around $46500. I owe $1200 on my current lease. In total, they quoted me $4000 down + 515/month for 2 years, 15K miles/year. That's including the $1200 I still owe. What do you all think? Also, they kept on claiming that a 2 year lease is better than a 3 year because I'll get out of the car before I have to change the tires and breaks. Your thoughts are appreciated.
  • I am looking at the GLK 2014 msrp $55,955 would like to lease for 36 mos, 12miles. Any one know what an acceptable lease agreement would be. I will be offering 49,000, or possibly 51,000 need help my first lease. what is the rf?
  • I am in the Ricmond Va area.
  • gl5gl5 Posts: 1
    Is 640 lease payment too high for GLK350? $50,000 MSRP....2,000 down?
This discussion has been closed.