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2016 Mercedes Benz GL-Class Lease Questions

MichaellMichaell ColoradoPosts: 124,428
edited March 2016 in Mercedes-Benz
Ask your 2016 GL lease questions, here!

Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


MODERATOR

2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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Comments

  • danmgy11danmgy11 Posts: 93
    So I guess I can ask the question here then, could provide the rates for the 2016 GL350 and the GL450 for 36 months (unless there is a better 39 month rate) at both 15k and 12K miles a year.  

    Also, are there any incentives and/or cash incentives for a lease?  
  • MichaellMichaell ColoradoPosts: 124,428
    danmgy11 said:

    So I guess I can ask the question here then, could provide the rates for the 2016 GL350 and the GL450 for 36 months (unless there is a better 39 month rate) at both 15k and 12K miles a year.  


    Also, are there any incentives and/or cash incentives for a lease?  
    36/15 numbers
    GL350 - standard MF (.00200-.00220) and 58%
    GL450 - .00084 and 55%

    Add 2% for 12K

    No 39 month program from MB

    No incentives that I'm aware of.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • caldude1caldude1 Posts: 1
    Can you share 2016 GL550 MF, residual for 36 months @ 12K and 15K? Thanks.
  • MichaellMichaell ColoradoPosts: 124,428
    caldude1 said:
    Can you share 2016 GL550 MF, residual for 36 months @ 12K and 15K? Thanks.
    Standard MF and 53% for 36/15. Add 2% for 12k

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Is the standard MF for a 2016 GL 550 the same as the GL 350 which you stated above was (.002 - .0022)?

    I was just offered an MF of .0016 and residual of 49%. It looks like the MF qouted may be good however the residual is probably too low.

    He did not state the miles, however a few weeks ago he quoted me a 36mo/12K so maybe he is using those figures. If you would be so kind as to provide data for different miles using 36mo as the lease term, that would be very helpful.


    Thank you in advance for your response and time,
  • MichaellMichaell ColoradoPosts: 124,428
    edited March 2016

    Is the standard MF for a 2016 GL 550 the same as the GL 350 which you stated above was (.002 - .0022)?

    I was just offered an MF of .0016 and residual of 49%. It looks like the MF qouted may be good however the residual is probably too low.

    He did not state the miles, however a few weeks ago he quoted me a 36mo/12K so maybe he is using those figures. If you would be so kind as to provide data for different miles using 36mo as the lease term, that would be very helpful.


    Thank you in advance for your response and time,

    GL550 MF should be between .00200-.00220, but we don't know for sure.

    55% residual for 36/12.

    Your quote could be from a third party bank - our numbers are from MBFS.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Now that you mention it, he did mention in the quote that it was from US Bank.
    Does it benefit the dealership to use financing outside MBFS?

    Sorry for my ignorance, never leased a car before, always purchased outright.
  • MichaellMichaell ColoradoPosts: 124,428

    Now that you mention it, he did mention in the quote that it was from US Bank.
    Does it benefit the dealership to use financing outside MBFS?

    Sorry for my ignorance, never leased a car before, always purchased outright.

    I'm sure there is something in it for the dealer.

    But, we don't have those numbers so can't tell you if the .00160 MF is the base rate or if the dealer marked it up.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • mbusa650mbusa650 Posts: 12
    Hi.. probably a dumb question since it's exactly what you listed above, but I wanted to please confirm the GL450 #'s for March are: .00084 and 55% for 36/15... The MF seems very low, and my dealer is pushing back (but I am used to them lying) - just want to confirm before I drop them for another dealer.

    Thanks!
  • mbusa650mbusa650 Posts: 12
    Never mind, I see it was .00084 last month too.. Wow, my dealer quoted .0019 (higher than base for a 350!) and refuses to admit there is anything better.. Of course, I am dealing with someone who told me that the lease rates are higher because Mercedes' retain their value... Yes, he said that.
  • MichaellMichaell ColoradoPosts: 124,428
    mbusa650 said:

    Never mind, I see it was .00084 last month too.. Wow, my dealer quoted .0019 (higher than base for a 350!) and refuses to admit there is anything better.. Of course, I am dealing with someone who told me that the lease rates are higher because Mercedes' retain their value... Yes, he said that.

    Might be time to start working with another dealer.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • rwb187umrwb187um Posts: 2
    Hi Michaell.

    The 2017 GL refresh (the GLS) has just had US pricing announced.

    I'm wondering if you are privy to leasing/financing numbers from MBF at this time?
  • MichaellMichaell ColoradoPosts: 124,428
    rwb187um said:

    Hi Michaell.

    The 2017 GL refresh (the GLS) has just had US pricing announced.

    I'm wondering if you are privy to leasing/financing numbers from MBF at this time?

    No 2017 GLS lease numbers, this month.

    Perhaps in April ...

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • rwb187umrwb187um Posts: 2
    Thank u. Much appreciated 
  • vink911vink911 Posts: 7
    edited April 2016
    Michaell said:

    rwb187um said:

    Hi Michaell.

    The 2017 GL refresh (the GLS) has just had US pricing announced.

    I'm wondering if you are privy to leasing/financing numbers from MBF at this time?

    No 2017 GLS lease numbers, this month.

    Perhaps in April ...
    Hi Michaell,
    Ordered a 2017 GLS450 at $93K which is coming very close to GLS550 price (98K). I'm very much inclined towards 550 for its V8 engine. For leasing, my dealer says there'll a huge difference in Money factor and residual value between 450 and 550 resulting in $400-500 difference in monthly payments. I know the MF's are not out for 2017's but wanted your opinion based on history. Thanks and appreciate it!
  • MichaellMichaell ColoradoPosts: 124,428
    vink911 said:

    Michaell said:

    rwb187um said:

    Hi Michaell.

    The 2017 GL refresh (the GLS) has just had US pricing announced.

    I'm wondering if you are privy to leasing/financing numbers from MBF at this time?

    No 2017 GLS lease numbers, this month.

    Perhaps in April ...
    Hi Michaell,
    Ordered a 2017 GLS450 at $93K which is coming very close to GLS550 price (98K). I'm very much inclined towards 550 for its V8 engine. For leasing, my dealer says there'll a huge difference in Money factor and residual value between 450 and 550 resulting in $400-500 difference in monthly payments. I know the MF's are not out for 2017's but wanted your opinion based on history. Thanks and appreciate it!
    We do have th3 2017 GLS numbers ...

    standard MF (around .00200-.00220) for all trims.

    36/15 residual for the 450 is 57%; for the 550, 54%.

    At $100K MSRP (give or take), that 3% difference is $3000, or about $83/mo on a 36 month lease.

    Not nothing, for sure, but not the $400-500 the dealer thinks it will be.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • vink911vink911 Posts: 7
    Thanks Michaell! I'm assuming from your previous posts that the residual will be +2% for 36/12K? Thanks again!
  • MichaellMichaell ColoradoPosts: 124,428
    vink911 said:

    Thanks Michaell! I'm assuming from your previous posts that the residual will be +2% for 36/12K? Thanks again!

    That is correct.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • tawfikbtawfikb Posts: 2
    Moderator,
    Interested in a 2016 Merc GL450 Lease in 92020 for 10,000 miles per year. Do you have expected residual and MF available on this car? Please advise.
  • kyfdxkyfdx Posts: 130,715
    tawfikb said:

    Moderator,
    Interested in a 2016 Merc GL450 Lease in 92020 for 10,000 miles per year. Do you have expected residual and MF available on this car? Please advise.

    .00084 MF and 58% residual for 36 months.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • axxlrodaxxlrod Posts: 9
    .00084 is the buy rate for top tier credit. What are the MF ranges for 2nd or 3rd tier credit?
  • MichaellMichaell ColoradoPosts: 124,428
    axxlrod said:

    .00084 is the buy rate for top tier credit. What are the MF ranges for 2nd or 3rd tier credit?

    We don't have that info for MB

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • sniperz_1sniperz_1 Posts: 11
    Michaell or kyfdx, can you please share the current MF, RV for 2016 GL350 for a 36/10 lease. Also do you have an idea on how much the dealers are currently discounting off-of the MSRP now that the 2017 GLS are out?
  • MichaellMichaell ColoradoPosts: 124,428
    sniperz_1 said:

    Michaell or kyfdx, can you please share the current MF, RV for 2016 GL350 for a 36/10 lease. Also do you have an idea on how much the dealers are currently discounting off-of the MSRP now that the 2017 GLS are out?

    Standard MF and 61%.

    Can't help you with pricing.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • warbernwarbern Posts: 65
    Would love to know the May MF and residual for 36/10 on 2016 GL450. Also, are there any 27 or 39 month leases in effect at this time or is 36 months the sweet spot? Thanks so much!
  • kyfdxkyfdx Posts: 130,715
    warbern said:

    Would love to know the May MF and residual for 36/10 on 2016 GL450. Also, are there any 27 or 39 month leases in effect at this time or is 36 months the sweet spot? Thanks so much!

    .00084 MF and 58% residual

    36 months is the best term.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • sdp123sdp123 Posts: 6
    I'm looking for the May MF and residual for 36/12 and 36/15 for a 2016 GL63 AMG. Any help would be greatly appreciated!
  • MichaellMichaell ColoradoPosts: 124,428
    sdp123 said:

    I'm looking for the May MF and residual for 36/12 and 36/15 for a 2016 GL63 AMG. Any help would be greatly appreciated!

    Standard MF and 47% / 45%

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • givebackgiveback Posts: 20
    Got a quote for a $77,720 2016 GL450 at $750 per month and $1,062 total due at signing, plus 10 MSDs.

    Is this a good enough deal to sign?

    Thanks.
  • MichaellMichaell ColoradoPosts: 124,428
    giveback said:

    Got a quote for a $77,720 2016 GL450 at $750 per month and $1,062 total due at signing, plus 10 MSDs.

    Is this a good enough deal to sign?

    Thanks.

    Not enough information.

    What lease term and how many miles per year?

    We need both the MSRP and the adjusted cap cost - which is the $77,720?

    What state and tax rate?

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • givebackgiveback Posts: 20
    Here is some add'l info:
    36 months 10k miles
    MSRP $77,720
    Selling price 68,999
    Doc/Registration/ERT fee 168 + 120 +25
    Tax rate 7.25%
    Monthly payment $750 (including tax)
    Total due at signing $750 + 168 + 120 + 25, plus 10 MSDs
  • MichaellMichaell ColoradoPosts: 124,428
    giveback said:

    Here is some add'l info:
    36 months 10k miles
    MSRP $77,720
    Selling price 68,999
    Doc/Registration/ERT fee 168 + 120 +25
    Tax rate 7.25%
    Monthly payment $750 (including tax)
    Total due at signing $750 + 168 + 120 + 25, plus 10 MSDs

    Before the MSDs are applied, I get $815/mo with tax.

    The base MF is .00084; do you know what the MF is after MSD?

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • givebackgiveback Posts: 20
    the MF after MSDs is .00014. thanks
  • MichaellMichaell ColoradoPosts: 124,428
    giveback said:

    the MF after MSDs is .00014. thanks

    When I drop the MF to .00014, the payment (with tax) is roughly $730/mo.

    I would confirm the adjusted cap cost with the dealer; my guess is that they are adding the acquisition fee to the selling price.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • givebackgiveback Posts: 20
    Thank you Michael. Do you think it's realistic to get to below 700? 
  • MichaellMichaell ColoradoPosts: 124,428
    giveback said:

    Thank you Michael. Do you think it's realistic to get to below 700? 

    You'd have to negotiate another $1000-1100 off the selling price to get the payment below $700/mo

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • sh7sh7 Posts: 26
    Hello, based on last year lease numbers, which month(s) had the best money factor and residual offering from MB for 3 years 10k/year lease term for the 2015 GL450? Can you also share the best lease numbers from last year for the above?
  • MichaellMichaell ColoradoPosts: 124,428
    sh7 said:

    Hello, based on last year lease numbers, which month(s) had the best money factor and residual offering from MB for 3 years 10k/year lease term for the 2015 GL450? Can you also share the best lease numbers from last year for the above?

    We don't maintain a history of the lease numbers, so can't answer your question about which month is best.

    The current numbers for the 2016 GL450 for 36/10 are 58% and .00084

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Hi Michael/KY,

    Ia there a 27 or 30 mo program for the 2016 gl450? If so what would the residual be?
    Thanks!
  • MichaellMichaell ColoradoPosts: 124,428

    Hi Michael/KY,

    Ia there a 27 or 30 mo program for the 2016 gl450? If so what would the residual be?
    Thanks!

    57% for 30/15.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • mf10mf10 Posts: 4
    edited June 2016
    Looking for Money Factor and Residual for 36/12k and 36/10k for GL550 for June
  • MichaellMichaell ColoradoPosts: 124,428
    mf10 said:

    Looking for Money Factor and Residual for 36/12k and 36/10k for GL550 for June

    .00151 and 55% / 56%

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • mbmd101mbmd101 Posts: 4
    Can I have the money factor and residual for the GL450, 36/12K please?
  • kyfdxkyfdx Posts: 130,715
    mbmd101 said:

    Can I have the money factor and residual for the GL450, 36/12K please?

    .00084 MF and 56% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • calibenz1calibenz1 Posts: 2
    Hi Michaell or Kyfdx,

    Can I get the MF and Res for 2016 GL350 for 36/12 in So Cal?
    Thanks
  • kyfdxkyfdx Posts: 130,715
    calibenz1 said:

    Hi Michaell or Kyfdx,

    Can I get the MF and Res for 2016 GL350 for 36/12 in So Cal?
    Thanks

    Diesel?

    Standard MF and 60% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • warbernwarbern Posts: 65
    Could you please tell me the July MF and residual in CA for a 2016 GL350 for 36/10? Thanks so much!
  • kyfdxkyfdx Posts: 130,715
    warbern said:

    Could you please tell me the July MF and residual in CA for a 2016 GL350 for 36/10? Thanks so much!

    Standard MF and 61% residual.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • edrpcedrpc Posts: 11
    Can you give me residual and money factor for GL550 for 36/15k
    Also same for GL350
  • kyfdxkyfdx Posts: 130,715
    edrpc said:

    Can you give me residual and money factor for GL550 for 36/15k
    Also same for GL350

    550: .00133 MF and 52% residual
    350: Standard MF and 58% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

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