2014 Mercedes-Benz GLK-Class Lease Questions

For current leasing information, go to 2015 Mercedes-Benz GLK Class Lease Questions
Welcome to Edmunds discussion dedicated to 2014 Mercedes-Benz GLK-Class leasing questions. Here you can find and discuss all the latest lease details for the 2014 GLK-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 GLK-Class page.
To see all forums discussions about the GLK-Class, including earlier model years, please visit our list of Mercedes-Benz GLK-Classdiscussions.
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Welcome to Edmunds discussion dedicated to 2014 Mercedes-Benz GLK-Class leasing questions. Here you can find and discuss all the latest lease details for the 2014 GLK-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 GLK-Class page.
To see all forums discussions about the GLK-Class, including earlier model years, please visit our list of Mercedes-Benz GLK-Classdiscussions.
Navigation tips: To see the most recent information and activity, make sure to visit the latest post, which may be a few pages ahead. Click the pages numbers just below to go to a new page in the discussion -- or search the entire discussion by clicking the magnifying glass icon and entering keywords.
We also invite you to share your purchase experience on Edmunds Facebook page, Share Your Story.
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Thanks in advance
Standard money factor (.00225) and residual of 58% for 36mo/15K/yr (60% for 12K/yr)
Looks like they are marking up the money factor.. probably marking up the acquisition fee, too..
You can borrow $50K for under $900/mo.... No way I would pay that much to lease it..
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Planning to lease GLK350 msrp $56k. Please let me know what is the current RV and MF is for a 2 yr or 3 yr 10k miles lease. Thx!
.00121 MF and 59% residual
24 month residual is 70%
regards,
kyfdx
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who sets the Rv and Mf the car that I wanted will not be in until the 2nd week of 11. I am in virginia (Richmond) and want to know when they are quoting me the right rates. I was asking 36 mos on 15mls would that change the RV and Mf?
36mo, 15K/yr lease would have the same money factor but a 3% lower residual.
They don't have anyone in the finance office that can quote you rates and residuals for three weeks? How do they sell cars, in the meantime? That sounds like a lie.. or, a salesperson that prefers uninformed customers.
regards,
kyfdx
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2014 GLK (2 wheel drive), list price $46,425/sale price $41,546
24 months, 12k per year
2448 down, includes 1st payment, 2 prepaid scheduled services, acquisition fee, license)
23 remaining payments = $499.97 (includes taxes, etc.)
I feel stupid because after I signed the lease I discovered that included in this deal was $395 for "paint protection" which they told me was free and 1,350 for a "MB Maintenance Plan" (I think this refers to the $350 I negotiated for the two pre-paid schedule services. I'm going back to the dealer to get this straightened out!).
Anyway, even with those bogus charges/errors how does my deal stack up?
Lesson learned: even though I've dealt with this dealership for 20 years, you can NEVER be to careful!!!
A 2014 GLK350 AWD has a 36 month money factor of .00121
If your sales consultant says he can't give it to you, then refer to the reason above..
regards,
kyfdx
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regards,
kyfdx
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Could someone post the November Money factors and Residuals for a 15k and 18K lease from 24 to 36 months. Also does anyone have any info about how many Payments are being forgiven..
Thanks in Advance,
Nick
MSRP $46,895
Selling price $42,175
First Payment 515.48
Acquisition Fee 795.00
Fees & Insurance 524.00
Upfront Taxes 65.10
Total Inception Fees 1,899.58
For 36 months 10k/yr monthly including fees and taxes $515.48
Standard money factor and 58% residual... 24 month residual is 69%
regards,
kyfdx
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.00116 MF and 57% residual.. Add 1% for 10K/yr
The money factor discount for AutoPay is .0001, I think... So, the rate would be .00106 MF, assuming they offer the discount from a special money factor (not the standard one)
regards,
kyfdx
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So, deducted from .00116, you get .00106..
It's a savings, but just about $7-$8/month..
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What would the November money factors/residuals be for
24 or 36 month lease, 7500/year miles, with autopay?
Thanks!!
.00121 MF and 60% residual... 24 month residual is 71%
Deduct .0001 from MF for AutoPay..
regards,
kyfdx
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regards,
kyfdx
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Hello! Can anyone tell me the money factor and residual for 10k miles (30-36 month lease) on a GLK350 RWD for January 2014? Also - does mercedes accept multiple security deposits and if so, how many and how much does each one lower the money factor? Appreciate the help!
Henry
36mo, 10K/yr lease
.00149 MF and 58% residual.
I don't have the answer on your MSD question.
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Getting offered these deals. Black GLK350 Premium 1, with 19" wheels, Becker Prewire, Becker MAP, Wheel Locks, roof spoiler, painted side skirts, heated front seats and walnut wood trim. Drive off includes first months payment + DMV fees. Opinions?
MSRP 43995
PRICE 37942
MF .00149
Residuals:
69% - 24mo 10k
58% - 36 month 10k
57% 36 month 12k
24 month lease, 10k miles
Drive off $874.65
Monthly $469 plus tax
Total payment is $511.90
24 month lease, 12k miles
Drive off $893
Monthly $488 plus tax
Total payment is $531
36 MONTH LEASE, 10K MILES
DRIVE OFF $880
MONTHLY $474 PLUS TAX
TOTAL PAYMENT IS $517
36 MONTH LEASE, 12K MILES
DRIVE OFF $893
MONTHLY $486 PLUS TAX
TOTAL IS $530
Buehler, Anyone?
What sort of MF can someone with a low 700's credit score reasonably expect?
Low 700s should get you the rates quoted here...
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GLK 2014 AWD - 36mo, 15k/yr - it looks like there may be a new lease program out from MB... Trying to find current MF and RV. Thanks!
.00113 MF and 55% residual
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KYFDX - thank you... Is the .00113 and 55% the standard for the GLK or is this part of advertised program scheduled to end March 31?
Those are the subsidized lease numbers for this month.
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Would you have the April lease rates for the GLK350 4matic 27mo and 36mo at 12k miles? Thanks for your help!
.00133
68% for 27 months; 57% for 36 months
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks Michael for the quick reply!
Any may rates for Tier1, GLK350 4Matic, 27mo, 10k miles/yr. Thanks!
.00103 and 69%
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thanks. Follow up.. Does MB restrict certain programs/rates by location. I am in New York City and have already been told there is no 27 mo program by a dealer. Is that possible? He quoted me .00133 at 63% for 30mo, 10k/yr. ?? Is that even correct? Thanks.
The MB programs are national.
The featured program this month for the GLK350 4Motion is 36 months/10K miles per year. 58% residual and .00103 MF.
63% residual is correct for 30 month leases. It looks like the dealer is marking up the MF for extra profit.
Might be time to check with a different dealer.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Yeah, I think so too. What about the 27mo program, is that an actual available program I can expect from other dealers? Thanks again!
Mercedes uses the 27 month term as a "special" on certain models. When they do, they usually use the 24 month residual for the 27 month term. This month, the GLK is not one of the models with a 27 month special.
So, while technically, they can quote a lease for any number of months that you wish, the 27 month term would not be a good choice, for this model, this month.
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Great info! Very much appreciated!
MB does have a program where some models are eligible for a 27 month program using 24 month residuals, but the GLK is not part of it.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Gotcha, again, thanks! That dealer indeed changed their tune to match your numbers... 24mo., 10k, .00103 and 69%. Those are fine with me. Will let you know if I make a deal and what it was. Thanks!
I have been pricing out MB350GLK 2014 4Matic vehicles and getting leases in the $700 range with taxes on a car selling for $43K. Seems like a rip off. What would good #'s look like for a 2014 350GLK 4Matic, black, moonroof, heated seats for 36 months.
Dealers are showing me residuals of 55% which seems like they are screwing me.