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2013 and earlier-Mercedes Benz GL-Class Lease Questions

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Comments

  • btrentbtrent Posts: 12
    Can you give me the dealership name and city? I am not opposed to traveling to get a good deal.
  • So, this is a good deal? Dealership in Rhode Island.
  • ab10000ab10000 Posts: 127
    Hi
    Is tax included in your payment? What is the MF? Did you use usaa?
  • Yes. Tax is included. Did not use usaa. Not sure what mf means.
  • btrentbtrent Posts: 12
    mf = money factor (another term for interest rate)
  • Hi, just a quick question. I got a lease for 27months $799/month with 10K miles with no money down and tax included. The MSRP is $78,215. Is this a good deal?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    Hi btrent. Mercedes-Benz Financial's August buy rate lease money factor and residual value for a 48 month lease of a 2011 GL450 4Matic with 15,000 miles per year are .00126 and 44%, respectively for consumers who qualify for its top credit tier.

    Car_man
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  • I am in MA looking to lease the same vehicle can you tell me what dealership you went to...looks like you got a good deal...first offer to me then lowered the price from $71,125 to $66,635. Need them to do much better

    Thanks
  • Does anyone know the mf and residual on a 12k mile 27 or 39 month lease for sept.
  • I'm new to leasing. I want to Lease a GL 450 with a MSRP of $71K; Lease period is for 36 months, 12K miles/year. I want to keep payments less than $600/month. How do I make this happen? What should the residual value be? What types of questions should I ask? How should we enter the negotiations? What money factor is considered the best? I have a credit score of 800. I live in NJ. Down payment is not an issue. I do not have a trade-in.
  • Car man,

    Do you have Sept MF and residuals yet for 2012 GL450 15K and 18K/year, 24mo and 36 mo? Or maybe any special programs (e.g., 27 mo.)? Market is greater Washington, DC - Maryland/Virginia.

    Thanks!
  • How did you begin your negotiations? Did you handle via the internet? Did you make the first offer or did the dealer make the first offer? Just wanted some advice on how to start negotiations.

    Thx
  • Hi bstncarbyr. Mercedes-Benz Financial's September buy rate lease money factor and residual value for a 24 month lease of a 2011 GL450 with 12,000 miles per year are .00126 and 67%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 36 month lease are .00126 and 55%, respectively.

    If this model is eligible for MB Finance's "Value Added" program then you might be able to use these programs for 27 and 39 month terms.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • Greetings rachele_s. It sounds as though you are new to leasing. If so, you definitely should check out the following informative articles on the subject that are available here at Edmunds.com: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment.

    In short, the easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor.

    Mercedes-Benz Financial's current buy rate lease money factor and residual value for a 36 month lease of a 2011 GL 450 with 12,000 miles per year are .00126 and 55%, respectively for consumers who qualify for its top credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • I certainly do missing_pgh. Mercedes0Benz 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 .00195 and 68%, respectively for consumers who qualify for its top credit tier.

    I believe that 15,000 miles per year is the highest mileage allowance that Mercedes-Benz Financial publishes residual values for. If that is indeed the case and you drive more than that, you will have to purchase additional miles on a per-mile basis. It is less expensive to do so at lease signing than it is to wait until lease-end and have to pay an excess mileage penalty.

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

    Do you have Sept MF and residuals yet for 2012 GL450 15K and 10K/year, 36mo and 48 mo? Or maybe any special programs (e.g., 39 or 42 mo.)? Market is Irvine,CA.

    Thanks!
  • Here's the information that you're looking for, ali9986. Mercedes-Benz Financial's September buy rate lease money factor and residual value for a 36 month lease of a 2012 GL450 with 10,000 miles per year are .00195 and 58%, respectively for consumers who qualify for its top credit tier.

    The numbers for an otherwise identical 48 month lease are .00195 and 50%.

    As far as cash incentives go, Mercedes is currently providing dealers with $4,000 certificates that can be given to the current owners of select luxury vehicles when they purchase or lease a GL.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • tlecotleco Posts: 34
    Can you confirm GL450 2012 with 15K yr residual is 68%. That is very high and very good

    Thanks
  • tlecotleco Posts: 34
    If that is the deal ...then congrats.
    I've leased over 20 cars MB. BMW etc and never got a huge discount...They would not discount that much for a DEMO.
    Maybe I should check your dealer and let them ship the car to TX
  • Hi car_man,

    w.r.t. your 2nd portion of the answers, does the select luxury include 2007 Lexus GX470? If you do not have the list, who might be able to answer this? MB Dealer?

    Thanks,
    ali9986
This discussion has been closed.