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2013 and earlier-Mercedes Benz GL-Class Lease Questions

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  • I certainly do lan_rover. Mercedes-Benz Financial's February buy rate lease money factor and residual value for a 24-month lease of a 2012 GL 450 with 12,000 miles per year are .00131 and 70%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 33-month lease would be .00131 and 61%.

    The 36-month numbers would be .00131 and 57%.

    Mercedes-Benz is not currently providing any lease support on the GL 350, so if you were to lease one through MB Finance you would have to use its standard lease money factors. Its 12,000 mile per year residual values would be 69%, 64%, and 60%.

    Mercedes is currently providing a $2,000 conquest cash incentive on this truck to current owners of select luxury vehicles.

    The last time that I checked, MB Financial's MSD discount was .00007 per deposit and its pre-paid lease reduction was .00110, but I haven't looked into them in a while.

    Car_man
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  • Hi Car_man,

    Thanks for all your help here. I had a quick question, what was the RV for 10k mi/yr? I assume 71%?
  • I was quoted a one-pay MF of (.00131 - .0008) or 0.00051. Info on the site has quoted 0.0008 as the one-pay discount in the recent past. Is the 0.00110 you mention accurate for February?

    I'm negotiating and need to know which is the right rate.

    0.00131 - 0.0008 = 0.00051 or 0.00131 - 0.00110 = 0.00021

    Great site!!

    Thanks
  • I thank all of you in advance for any advice you can give me on my first time lease. Special order GL450 with all packages P1, P2, light, sound, leather, 20" wheels etc., website build price $77,215. I received the first doc showing cap cost $73,791, Agreed Price $72,600, Cash down $4,223, 24 months, 10,000 miles. I think I'm getting the competitor conquest money because I own a Porsche. The monthly price is $967. Okay, good, terrible? And what about all the extras: "wheel and tire", "ScotchGuard", "dent armor", "LoJack"? I have a big dog who will be riding in the second or third row. Thanks again for any advice.

    Sincerely,

    Patrick
  • You're very welcome ahashmi. Mercedes-Benz Financial's 10,000 mile per year residual values are 1% higher than its 12,000 mile per year residuals.

    Car_man
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  • Hey lan_rover. The .00131 money factor that I mentioned is definitely right...I just not sure about the one-pay reduction because I haven't looked into it in a while. It is very possible that the reduction was reduced to .00080.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • cobewobbercobewobber Posts: 4
    edited February 2012
    Looking for help! Looking at a 2012 GL 450 and I was negotiating for a little bit before I had to leave but this is where we left off..the plan is to come back Monday, I am a little upset bc i feel like i wasnt getting a good deal at all..may look elsewhere..here's where I left off

    MSRP 71,510
    Sales Price 67,900
    1k for conquest (already was lied to here-should be 2k)
    39 mo lease
    12k miles / year
    money factor was .00162 (I know this is bottom lined at .00131 - difference is about 30 bucks a month - not as worried about this as much as the sales price of the car)
    taxes 6%

    Monthly payment was roughly $850/month - clearly i should be able to get the other 1k for the conquest and I can probably get a better deal on the actual price of the vehicle...looks like the smartest route is 24 months..where should i go from here? Is the sales price of the car what is killing me the most here? seems like it to me...If so, how much better should I strive for? What is realistic at least? 64,000?

    by the way, I was negotiating blindly! so dont laugh too hard..I didn't find this very helpful thread 'til after I got home!
  • After doing a little more research I noticed there were some other MB incentives.

    Is the 4k winter special over?
    I noticed a USAA special-im not familiar w this one.

    Right now all I have is the conquest incentive, is MB currently offering anything else that I should know of? Thanks
  • I'm getting a one Pay lease deal here in NJ.

    MSRP: $71510 (P1, Appearance Pkg, Blind Spot, Heated Steering, PARKTronic, Trailer Hitch)
    Selling: $65900
    MF: .00051
    RV: 71%
    Term: 24

    Monthly: $738/mo (including 7% tax)
    Due @ Signing: $19240

    What do you think? I put a deposit, but I need to know by tomorrow if its good or not. Also, I am not qualified for conquest rebate.

    Any help would be greatly appreciated!
  • I got a deal, will be picking up today. Can someone give me some feedback?

    MSRP: $71510
    Sale: $64306 (includes $1500 Employee Fleet Discount)
    Term: 24 mon
    Mi: 12000/yr
    RV: 70%
    MF: .00121 (Autopay discount: .00010)
    Monthly: $788/mo (7% tax inclusive)
    Due @ Signing: $2500. (Inception fees only)

    Would do you all think?
  • Sounds like a good deal. I was offered this over the phone in Indy: 450 with Prem I, Blind Spot, Parktronic, Heated Steering Wheel and Appearance Pckg.

    MSRP $72,230
    Sale Price $68,950 (Reduction of $5,350)
    Term: 24 month
    Mi: 15,000
    $753 a month including 7% tax
    $6k due at signing

    Its their second offer. Not really looking until May when current lease is up. I'm not eligible for conquest.
  • isha1isha1 Posts: 7
    Please advise on 2012 Accord SE. MSRP $24700 (incl destination/handling). What should I expect for the Cap Cost, Fees, Residual, and Money Factor? We are looking at 36mo, 12k mileage. If you could break down the fees for me, I would be grateful. Dealer was saying something crazy, like tax $717, tag $118, documentation fee $499. We live in Charlotte, NC.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Greetings isha1. This particular discussion is for community members to talk about leasing a Mercedes-Benz GL. Please post any questions that you have about the Honda Accord over in the Honda Accord Lease Questions discussion.

    Thanks. See you over there.

    Car_man
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  • stevesdstevesd Posts: 1
    Car_man,

    What's the current buy rate MF and residual for a 2012 GL450 12k/year lease for both 24 and 36 months?

    Thanks!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hi stevesd. Mercedes-Benz Financial's March buy rate lease money factor and residual value for a 24-month lease of a 2012 GL 450 with 12,000 miles per year are .00140 and 70%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 36-month lease are .00140 and 57%.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Car_Man:

    Can you provide the MBFS current (April 2012) money factor and residual for:

    1. A 24 month lease (@12k/yr and 15k/yr) of a GL450, and
    2. A 24 month lease (@12k/yr and 15k/yr) of a GL350.

    Thanks!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Sure nlproductions. Mercedes-Benz Financial's April buy rate lease money factor and residual value for a 24-month lease of a 2012 GL450 with 15,000 miles per year are .00140 and 68%, respectively for consumers who qualify for its top credit tier.

    Mercedes is not providing any lease support on the GL350 right now. So if you want to lease one through MB Finance you would have to use its standard lease money factor and a 67% residual value.

    If you were to lease with only 12,000 miles per year, these trucks' residual values would be 2% higher.

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

    Are the May 2012 Rates the same.

    I just got around to requesting a quote from a dealer who provided everything except he MF. When I backed the MF out of the prodided info, it
    was in excess of 0.0026?

    Thanks!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey nlproductions. Mercedes-Benz Financial's May lease program for the 2012 GL450 is indeed the same as it was in April.

    Car_man
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  • duskiduski Posts: 1
    Would appreciate someone sharing a recent lease deal of a 2012 550. Looking at 24 month 10k miles. Thanks in advance
This discussion has been closed.