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2013 and earlier-Mercedes Benz GL-Class Lease Questions

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  • christiandschristiands Posts: 34
    edited September 2012
    Hi car_man
    Can you confirm it's $8k? Can I use USAA cash with dealer cash? And the discount price? I'm looking at a $75k GL350 and shooting for a sell of $60k. With USAA of $3k, MB club of $1k and dealer cash am I in line? With the mf and residual that puts the 24 mos payment a little under $600. What do you think?
  • Carman,

    Could you provide the lease rates for a 2012 GL 450 for 24 months and 15k miles per year?

    Also, is the dealer cash on this model 8K as well?

    Is there still loyalty on this truck?

    Thanks.
  • Car Man,

    My Mercedes salesman is coming back stating that the 2013 (not 2012) GL450 money factor is 2x the 2012 models... So his .00305 is accurate - he says. He also has my residual on this 36 month 15k miles lease at 61%.

    Is that correct?

    Also is an Acquisition fee of $1,095 and Doc fee of $499 standard or are those negotiable?

    Thanks so much! -Jason
  • OK, so I'm being told that the dealer cash is not able to be used on leases??? What do you think.
  • Yes, christiands, the $8,000 definitely exists, but it cannot be combined with any other special incentives.

    Car_man
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  • lsr2k12, Mercedes-Benz Financial's September buy rate lease money factor and residual value for a 24-month lease of a 2012 GL 450 with 15,000 miles per year are .00160 and 70%, respectively for consumers who qualify for its top credit tier.

    Car_man
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  • Thanks car_man,
    So in theory best price is "best price" minus $8k?? Seems reasonable if that's the case, so maybe shoot for invoice minus $8k and forget USAA, MBCA, and CAP?
  • You got it, christiands.

    Car_man
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  • Hello Car Man,

    First, thanks for all the lease information you & others have provided.

    A dealer that I'm working with have over 15+ new 2012 GL550s on their lot. They really trying to push those GL550s out. I would like to know the buy rate and residual for 24m/10K. At Post#547, you mentioned buy rate of .0016 and residual of 70% for a 2012 GL450 with 15K miles. Is this the same for a 2012 GL550? Residual seems kind of high for a 2012 & 15K miles.
  • Car Man -

    What is a reasonable discount to MSRP to expect on a 2013 GL 550? Thanks for your help!
  • You're most welcome nj550i.

    That's a lot of leftover GLs. Mercedes-Benz Financial's September buy rate lease money factor and residual value for a 24-month lease of a 2012 GL550 with 10,000 miles per year are .00160 and 68%, respectively for consumers who qualify for its top credit tier.

    Car_man
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  • That's an excellent question, bflowers. I actually am not intimately familiar with what the market is like for the 2013 GL 550 right now. If I was in the market for one, I personally would shoot for a selling price of around $1,000 over invoice and see what happens.

    Car_man
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  • Hi, I was wondering what October's money factor and residual would be for a 2013 Mercedes GL550 for 24 months/10k and 30 months/10k.

    Also, regarding the residual value, is that based off of MSRP or the negotiated price?

    Thanks for the information!
  • Greetings mralbury. Mercedes-Benz Financial's October buy rate lease money factor and residual value for a 24-month lease of a 2013 GL550 with 10,000 miles per year are .00160 and 68% for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 30-month lease are .00160 and 63%.

    These residual values are based upon a percentage of the full MSRP, including the destination charge and the MSRPs of any options that can be residualized.

    Car_man
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  • What about for a 36-month lease with 12,000 miles per year? Thanks!
  • Here you go bflowers. Mercedes-Benz Financial's October buy rate lease money factor and residual value for a 23-month lease of a 2013 GL550 with 12,000 miles per year are .00160 and 58% for consumers who qualify for its top credit tier.

    Car_man
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  • kc822kc822 Posts: 3
    Hi Car_Man. Was interested to know MF and RV for leftover 2012 GL 350, 450, and 550 w/ 10k miles per year for 24 and 36 months (or if there is some sort of "sweet" spot offered by MB FS for an "odd" lease term). Thanks!
  • Car Man,

    Thinking about one of the GL's, the Diesel or the 450 and a slim chance of the 550.

    Could you provide the MF and RV for them for November. Also are there any incentives?

    Was ready to pull the trigger on the X5 but now on the fence.

    Thanks!
  • Hi kc822. Mercedes-Benz Financial's current buy rate lease money factor and residual value for a 24-month lease of a leftover 2012 GL 450 with 10,000 miles per year are .00140 and 70%. The numbers for a 36-month lease of this truck are .00140 and 56%.

    The numbers for the 2012 GL 550 are .00140 / 64% and .00140 / 54%.

    There is no lease support on GL 350 models right now, but you can still lease one through Mercedes-Benz Financial using its standard lease program.

    Car_man
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  • Hi sdshaun. Please see my previous post for the information that you're looking for. There must be some sort of cash out the on 2012 GLs, but I haven't seen it yet.

    Car_man
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This discussion has been closed.