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2014 Mercedes-Benz GL-Class Lease Questions

Karen_CMKaren_CM Posts: 5,018
edited January 29 in Mercedes-Benz
Welcome to Edmunds discussion dedicated to 2014 Mercedes-Benz GL-Class leasing questions. Here you can find and discuss all the latest lease details for the 2014 GL-Class, including cap costs, money factors, residual values, acquisition fees, etc. Please post any leasing questions you have or any details you’d like to share about your own lease deals.

You can also research local dealer inventory and pricing, reviews, features, and specifications, on our 2014 Mercedes-Benz GL-Class page.

To see all forums discussions about the GL-Class, including earlier model years, please visit our list of Mercedes-Benz GL-Classdiscussions.


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Comments

  • hitman7hitman7 Posts: 2
    edited November 2013
    Anyone have the November money factor and residual for a 2014 GL450 specifically the 36 month 12,000 and 15,000 mile options? Also is there a sweet spot for leases with regards to number of months for instance is 39 months better than 36? If so please let me know.

    Any help would be greatly appreciated!
  • kyfdxkyfdx Posts: 29,094
    2014 GL450 36mo, 15K/yr lease
    Standard money factor and 59% residual. Add 2% for 12K/yr

    36 months is the best term..

    regards,
    kyfdx

    MODERATOR
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  • Could you please let us know what is the residual value for 7500K/year. Would that be 65%?
    Please let us know if the Standard Money Factor(.00225) would be applied for all below aspects

    As well please let us know which one would be an ideal sweet spot.
    7500K/30 months
    7500K/36 months

    10000K/30 months
    10000K/36 months

    12000K/30 months
    12000K/36 months

    15000K/30 months
    15000K/36 months

    Thanks for your help.
  • kyfdxkyfdx Posts: 29,094
    All 2014 GL leases use the standard money factor..

    For residuals, I need to know which model GL you are shopping for...

    As a general rule
    12K/yr residual = 15K/yr residual + 2%
    10K is 1% more than 12K
    7.5K is 1% more than 10K

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • based on your post #687, it appears residuals dropped 2%. is that correct? what is current residual for gl450 12k mile 36 and 24 month? same for gl 350 diesel? thank you.
  • kyfdxkyfdx Posts: 29,094
    2014 GL450 36mo, 12K/yr lease
    63% residual
    24 mo, 12K/yr
    70% residual

    GL350 Diesel 36mo, 12K/yr lease
    62% residual
    24mo, 12K/yr
    70% residual

    regards,
    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • mlevinemlevine Posts: 203
    Based on using the standard money factor I believe leasing a GL is not a good idea. I also doubt one is going to get a good discount on the price. The residual is the only factor that is very good on the GL. From a manufactures and dealers perspective, this vehicle is a money maker at this time.
  • What are the Money Factor and Residual for a 2014 GL450, 36 month lease, 10K miles and 12K miles?

    Thanks

  • kyfdxkyfdx Posts: 29,094

    Standard money factor and 64%/63% residual

    kyfdx

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • frabifrabi Posts: 1

    New year, new questions about the GL450 lease. Thank you kyfdx for all the help you've provided so far.

    I am looking at leasing a 2014 GL450. The MSRP was $73,500 and I negotiated down to $71,500. Need to know the money factor and residual I should using for calculations. Looking at 36 months, 12k per year. If 36 months is not the sweet spot, will you also give me the residual and money factor for a 39 month lease?

    Thanks.

  • kyfdxkyfdx Posts: 29,094

    December numbers have been extended to January 13th.

    So.. standard money factor and 63% for 36mo, 12K/yr lease

    MODERATOR
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  • abhikuabhiku Posts: 89

    K> @kyfdx@Edmunds said:

    December numbers have been extended to January 13th.

    So.. standard money factor and 63% for 36mo, 12K/yr lease

    Can you post what is MF? Standard = ??

    Need to input the number for lease calculation.

    Thanks

  • kyfdxkyfdx Posts: 29,094

    They don't publish the "standard" money factor. I've seen it quoted from .00195 to .00225.

    MODERATOR
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  • scdrj03scdrj03 Posts: 2

    Hi kyfdx

    Could you kindly provide current lease rates/residuals for 2014 GL350, 12k and 15k/yr, 36mos? Thanks!

  • kyfdxkyfdx Posts: 29,094

    I'm sorry, but we don't have the January numbers for Mercedes.

    MODERATOR
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  • kyfdxkyfdx Posts: 29,094

    @scdrj03 said: Hi kyfdx

    Could you kindly provide current lease rates/residuals for 2014 GL350, 12k and 15k/yr, 36mos? Thanks!

    Standard money factor and 60% residual for 15K/yr.. 62% residual for 12K/yr

    MODERATOR
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  • scdrj03scdrj03 Posts: 2

    @kyfdx@Edmunds said: They don't publish the "standard" money factor. I've seen it quoted from .00195 to .00225.

    FYI - based on my recent visit to a local dealer, the current "standard" MF is .00225 and the "super tier" (FICO >780 per the salesman) is .00195

    No MF discounts on GL at this time, although there are on other cars like E and C class, again according to the local dealer.

  • kyfdxkyfdx Posts: 29,094

    Thanks for the heads up on the money factors..

    MODERATOR
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  • ahashmiahashmi Posts: 75

    @scdrj03 said: No MF discounts on GL at this time, although there are on other cars like E and C class, again according to the local dealer.

    Honestly though, it doesn't only depend on credit score. Mercedes said it depends on the entire credit report, not just the score. On my application, both signer and co-signer had a score of 780+, but we still got approved for standard not super tier.

  • ahashmiahashmi Posts: 75
    edited February 24

    My deal on 2014 GL450 I got on Friday:

    MSRP: $79695

    Fleet Incentive: $2000

    Selling Price: $71083

    MF: .00215 w/ AutoPay

    RV: 64%

    Term: 36 months

    Miles: 10,000/yr

    Total Out-of-Pocket (incl inception & first month): $3500

    Monthly Payment: $845/mo (7% tax incl)

    As you can see, the car was discounted $6400+, but in order to get this deal, I had to go to Ohio from NJ as no dealer here was willing to come close by $2500 at least! Secondly, the vehicle was sitting in dealer lot for some time which is why I believe they wanted to get rid of it ASAP.

    Lastly, I did lose $320 in dual title and registration fees. If you really want a better deal than mine or similar, you really need to travel far from demand as these sell like hotcakes around NJ.

  • radoneradone Posts: 2

    hi need mf, residual % on 2014 gl550 for 36 months 10k a year thx

  • MichaellMichaell ColoradoPosts: 5,460

    @radone said: hi need mf, residual % on 2014 gl550 for 36 months 10k a year thx

    Standard money factor and 55% residual

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  • msinger1msinger1 Posts: 2

    Just got a 2014 GL350. Ordered a few months ago and out of previous GL lease 2 months early. My hard fought deal was

    $2,830 due at signing including first month.

    $860 per month/12k/36mos

    Don't have the cap cost but it has: Lane Tracking Park Assist Heated Wheel Premium 1

    This is in NJ. Good buying experience.

  • fjjamesfjjames Posts: 5
    edited April 4

    Can you post the April tier one money factor for the gl450? Thanks

  • MichaellMichaell ColoradoPosts: 5,460

    @fjjames said: Can you post the April tier one money factor for the gl450? Thanks

    Standard MF is in play.

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  • fjjamesfjjames Posts: 5

    im not sure what is the standard money factor.

  • MichaellMichaell ColoradoPosts: 5,460

    @fjjames said: im not sure what is the standard money factor.

    Had to look it up ... ranges from .00195 to .00225, but can (and often is) marked up by the dealer.

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  • fjjamesfjjames Posts: 5

    that is correct. they more often than not mark up the factors. thanks. i appreciate it.

  • trumaine03trumaine03 Posts: 6

    What is the current Money factor and residual value for a 2014 GL450 and GL550 for a 36 month lease & 12K miles a year?

  • kyfdxkyfdx Posts: 29,094

    @trumaine03 said: What is the current Money factor and residual value for a 2014 GL450 and GL550 for a 36 month lease & 12K miles a year?

    Standard money factor for either. 62% and 57% residual, respectively

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