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2013 and earlier-Mercedes Benz GLK-Class Lease Questions
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What can I expect to pay for a GLK 350 on a 24 month lease with black interior, black exterior, and panoramic sunroof? If I put about 1,000 down what would be a reasonable monthly payment? For some reason the dealers don't seem to be willing to go below 750 or 800 a month with 1,000 down? Isn't that way too much? Please help.
Car_man
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What dealer and salesperson did you use to get this deal?
Thanks.
Thanks.
Do you have Mercedes-Benz Financial's current (for SEPTEMBER) rate lease money factor and residual value for a 36 month lease of a 2010 GLK350 4Matic with 15,000 miles per year ?
We have asked for a quote way back in July from a dealership in PA and it was .00247 and 51% respectively (just like what you said in your previous post). This month, it seemed like the money factor has increased.
Thank you so much.
Car_man
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Car_man
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Also, I see people mentioning deals below invoice - are there current dealer incentives that make those deals possible? Thanks.
P1 PACKAGE
MULTIMEDIA PACKAGE
APPEARANCE PACKAGE
HEATED SEATS
IPOD/MP3 INTERFACE
PANORAMIC SUNROOF
10,000 MI ---
$599.00 MO--39 MO. LEASE
MY ONLY PROBLEM WITH THIS IS THEY WANT $3756.00 UP FRONT FOR TAXES ,TAGS, AND FEES. TAXES AND TAGS SHOULD NOT COST MORE THAN 2000.00 . I'M HOPING I CAN GET AWAY WITH NOT PAYING THE RIDICULOUS FEES.(BANK FEE AND DOC FEE). PLUS IS THERE ANY WAY OF GETTING OUT OF THE RETURN FEE ( ABOUT 500.00) AT THE LEASE END?
Car_man
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The numbers for an otherwise identical lease of a 2WD model sre .00300 and 55%.
15,000 miles per year is the highest mileage allowance that MB Financial publishes residual valuees for. If you need to drive more than this, 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
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Hey car man can I expect to do any better at the dealer than the advertised lease they have out on the 2010 GLK350W4 equipped with Premium package (P1), Heated Front Seats, and MSRP of $41,365. Dealer contribution of $1,075 required for the $489 lease special?
39 Month Term
$3750 Down Payment
NA Security Deposit
10000 Annual Mileage
Do you have any idea what the May rates will be higher or lower than they are now?
Thanks
Mercedes-Benz's February lease program is scheduled to run through today, March 1st. It is difficult to say what its May program will be like at this point.
Car_man
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Do you think the March program will be better after March 1st? Thanks.
Car_man
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Car_man
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I have some simple leasing questions but I always got different answer from time to time. I understand different states has different rules for the tax you paid for the leasing car. In my understanding, the only tax I need to pay for the car should be my local county tax rate of the leasing monthly payment (I live in California BTW). However, some people told me the tax is based on the MSRP and into your monthly payment. I got really confused now. Can you help me to clearify this?
Also, is that true the MF and the Red are the sam as last month for now for the GLK 350 2W and 4W? And will there be any different for the 12k and the 15k?
Thanks a lot.
i just purchased a 2010 GLK.
P1 package,multimedia,sport appearance,ipod & heated seats.
total 45,985.00
15k per year
36 month lease.
605. per month
5025.00 due at signing
** oh,and he threw in tinted glass no charge**
am i in the ball park ?i always walk out thinking i was mugged.
What was your msrp, discounted price, moneyfactor, and residual?
2010 GLK 350W4,
MSRP including destination & Delivery $47,865
Cap Cost $44,166
36 month, 7,500 miles/yr
59% residual
Money Factor .00183
Monthly Payment $665 including 9.5 %tax
$1,288 drive off, - $1st payment $665+ Sales TAx upfrant $4.28, 1st yr Fees $574, other upfront Fee $45.
Thanks again.
Mercedes-Benz Financial's current buy rate lease money factor and residual value for a 36 month lease of a 2010 GLK350 2WD with 15,000 miles per year are .00204 and 55%, respectively.
The numbers for an otherwise identical lease of a '10 GLK350 4WD are .00183 and 55%.
If you were to lease with only 12,000 miles per year, these vehicles' residual values would be 2% higher.
Car_man
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Car_man
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Let's look at the other negotiable aspect of this deal, the selling price. While I don't know for certain because I'm not sure how this truck is equipped, it looks to me as though the selling price that you were quoted is right around or possibly even slightly under dealer invoice. That's an excellent deal.
If you like the GLK, I personally don't see any reason not to go for it.
Car_man
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I am currently in California right now, is the tax only on the lease payment? I tried to find the answer online, but I got mixed answer everywhere and I think I should better ask the expert here.
I also have another question. Last time I went to MB, the rep told me that MB financial only use TransUnion credit score, is that correct? Also, in order to get the money factor .00204, what credit score I need to be in? I got 737 from TU and about the same on the other two, do I quailified to that? Thanks.
However, anything paid upfront is also taxed (acquisition fee, doc fee, cap cost reduction).
regards,
kyfdx
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That totally answer the tax question. Thanks kcfdx.
Now I just need for the Credit score of which MB financial using for Tier 1. Thanks.
I am able to lease a car tomorrow and the sale rep told me that the acquisition fee for it is $1095.00 and Doc fee $45, and they are going to charge tax on them.
My question is everywhere I saw the acquisition fee is $795 and she told me that CA is $1095.00 Is that truth? Also, can they charge sale tax on it even it is not a product? Thanks.
CA decides what is taxed... Acquisition fees and doc fees are taxed in CA (as they are in most states).
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Got the car yesterday. 36-mon lease.
MSRP: $40545
OTD: $40000
Wasn't able to get the 0.00204 due to credit. Got 0.00221 at the end with about $2300 drive off includes acquisition fee+doc fee+$525 first month+DMV+about $580 cap deduction.
Do you think it is a good deal for a 36-mon/15K lease? Thanks.
1) MSRP 41,740
P01 package
4,000 down(1st month, acquistion fee and cap reduction)
499/mo incl tax
10,000 miles/36mo
2) MSRP 43,195
4,000 down(1st month, acquistion fee and cap reduction)
525/mo incl tax
10,000 miles/36mo
Thet said this is like a house deal. Any thoughts? your inputs will be very much appreciated.
39 months = $20688/12k miles/yr
I don't intend on buying this lease at the end.
Any suggestions would be appreciated.
Which dealership you went to? if u don't mind to share
Thanks
Just wondering if you can provide the MF and % of residual of 2010 GLK for 36 months and 12,000miles per yr.
Thank you for your help
Car_man
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Thanks. What about for the GLK350 FWD? Does it have the same residual and money factor?
thanks
Car_man
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Does the MF and % of residual for GLK FWD/AWD changed for June?
thanks