GL450 lease residuals

shooter_11shooter_11 Member Posts: 10
edited July 2015 in Mercedes-Benz
Can someone tell me the residuals on a 36mo. 12k and 15k lease. I believe the MF is .00103. I'm looking at a 2015 GL450 Demo with 7k miles on it. original MSRP around $76k, discounted to $68k. Good price?

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  • kyfdxkyfdx Moderator Posts: 194,647

    Can someone tell me the residuals on a 36mo. 12k and 15k lease. I believe the MF is .00103. I'm looking at a 2015 GL450 Demo with 7k miles on it. original MSRP around $76k, discounted to $68k. Good price?

    .00113 MF and 59%/57% residual (before reduction for existing mileage).

    No idea if that's a good price.. how much are they willing to discount a brand-new one?

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  • juvefcjuvefc Member Posts: 4
    Can someone tell me the MF and residuals on a 2016 GL450 lease. 36mo 12k and 15k. Thanks in advance.
  • MichaellMichaell ColoradoModerator Posts: 190,187
    juvefc said:

    Can someone tell me the MF and residuals on a 2016 GL450 lease. 36mo 12k and 15k. Thanks in advance.

    .00137 and 58% for 36/15 - add 2% for 12K

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  • juvefcjuvefc Member Posts: 4
    Thank you.
  • saogmo7saogmo7 Member Posts: 11
    My understanding is that money factor and residuals get updated at the beginning of each month. Are the October numbers out for the 2016 GL450 for 36 months and 12K miles per year? Last month they were 60% and .00137.

    Ordered a car that should be in during October so want to verify. Thank you in advance.
  • MichaellMichaell ColoradoModerator Posts: 190,187
    saogmo7 said:

    My understanding is that money factor and residuals get updated at the beginning of each month. Are the October numbers out for the 2016 GL450 for 36 months and 12K miles per year? Last month they were 60% and .00137.

    Ordered a car that should be in during October so want to verify. Thank you in advance.

    Same this month as well.

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  • saogmo7saogmo7 Member Posts: 11
    Michaell said:

    saogmo7 said:

    My understanding is that money factor and residuals get updated at the beginning of each month. Are the October numbers out for the 2016 GL450 for 36 months and 12K miles per year? Last month they were 60% and .00137.

    Ordered a car that should be in during October so want to verify. Thank you in advance.

    Same this month as well.
    Awesome - as always thank you for the quick response and information. Such a great resource to have this available to help with the negotiations.
  • chiapet1chiapet1 Member Posts: 2
    What is the money factor and residual for a 2016 GL550 and 10k miles for October 2016? Thanks!
  • kyfdxkyfdx Moderator Posts: 194,647
    chiapet1 said:

    What is the money factor and residual for a 2016 GL550 and 10k miles for October 2016? Thanks!

    Standard MF and 57% residual for 36mo, 10K/yr

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  • mlevinemlevine Member Posts: 498
    kyfdx,
    Do you know up to how many security deposits I can use on A GL 450 and how much per deposit will it lower the money factor. Thanks for your help.
  • MichaellMichaell ColoradoModerator Posts: 190,187
    mlevine said:

    kyfdx,
    Do you know up to how many security deposits I can use on A GL 450 and how much per deposit will it lower the money factor. Thanks for your help.

    We don't have the details on the MB MSD program.

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