2016 Mercedes Benz GL-Class Lease Questions

chrissocal

Hello,

Just got a quote from one of Southern California dealers for 2017 GLS 550, the MSRP is 100045, not negotiable. MF .00230, Residual value 56%, 36 months, 12K, the monthly payment is $1614 + tax. Feel that this number doesn't make sense. My questions 1). is MSRP negotiable? 2). is the MF normal? 3). the monthly payment he gave is not right to me, what will be ideal number for this lease? some information might be useful to others: 2017 GLS450 is only sold/leased to prevoious customers. some dealer asks additional $10k if you want to buy/lease a 2017GLS450

Thanks

Chris

Michaell

chrissocal said:

Hello,

Just got a quote from one of Southern California dealers for 2017 GLS 550, the MSRP is 100045, not negotiable. MF .00230, Residual value 56%, 36 months, 12K, the monthly payment is $1614 + tax. Feel that this number doesn't make sense. My questions 1). is MSRP negotiable? 2). is the MF normal? 3). the monthly payment he gave is not right to me, what will be ideal number for this lease? some information might be useful to others: 2017 GLS450 is only sold/leased to prevoious customers. some dealer asks additional $10k if you want to buy/lease a 2017GLS450

Thanks

Chris

The MSRP isn't negotiable, but you can negotiate a selling price that is lower.

MF is a touch high, but not glaringly so.

Without knowing the selling price, we can't tell you what the payment ought to be.

chrissocal

Thank so much Michaell.. The selling price is MSRP, which is 100045, and that is what I meant 'MSRP is not negotiatable'

Chris

Michaell

chrissocal said:

Thank so much Michaell.. The selling price is MSRP, which is 100045, and that is what I meant 'MSRP is not negotiatable'

Chris

Wow, no discount on an outgoing model? Dealer must not be hurting for sales. The 2017 GLS has been on the lots for a couple of months now...

toddlerdad

I'm not sure if it is too late to lease a 2016 GL450, but I am interested in a GL450 for 36/7.5K lease. Last month, the MF was 0.00085 and 58% residual for 10K; do the same numbers apply here? My local dealer quoted an 80K car that was a loaner, and would sell it for 67K. I calculate a lease payment in the high 500s with the numbers from last month...

Michaell

toddlerdad said:

I'm not sure if it is too late to lease a 2016 GL450, but I am interested in a GL450 for 36/7.5K lease. Last month, the MF was 0.00085 and 58% residual for 10K; do the same numbers apply here? My local dealer quoted an 80K car that was a loaner, and would sell it for 67K. I calculate a lease payment in the high 500s with the numbers from last month...

.00047 and 57% for 36/7.5 this month

With those prices, I get $647/mo plus tax

wheelsup1

Would you please provide me with the August residual and money factor for a GL450 lease - 36 mo. / 15k mi? And is the answer different if you lease a demo / CVP? Thanks!

Michaell

wheelsup1 said:

Would you please provide me with the August residual and money factor for a GL450 lease - 36 mo. / 15k mi? And is the answer different if you lease a demo / CVP? Thanks!

.00047 and 53%.

If the unit has not been titled, it qualifies for the new car rates.

wheelsup1

Thanks!

kzevo

Can you please provide August program info for a 2016 GL 550. 10K/36 months. Any other 24/30/39 months that also are available. Also any MB incentives available to move these older models. Thank you.

Michaell

kzevo said:

Can you please provide August program info for a 2016 GL 550. 10K/36 months. Any other 24/30/39 months that also are available. Also any MB incentives available to move these older models. Thank you.

.00133 and 62% / 58% / 55%. No 39 month program from MB.

No incentive information.

kzevo

Michaell said:

Can you please provide August program info for a 2016 GL 550. 10K/36 months. Any other 24/30/39 months that also are available. Also any MB incentives available to move these older models. Thank you.

.00133 and 62% / 58% / 55%. No 39 month program from MB. No incentive information.

Thank you. Surprised that the MF is so bad for a 2016 model. 

gvitalik1

Hi,

Please provide mf and residual for 2016 GL450 24/12 and 36/12
Thanks

kyfdx

gvitalik1 said:

Hi,

Please provide mf and residual for 2016 GL450 24/12 and 36/12
Thanks

.00047 MF and 62%/55% residual, assuming RWD

gvitalik1

Thanks.  GL450 is only AWD in US, are these rates still apply?

kyfdx

gvitalik1 said:

Thanks.  GL450 is only AWD in US, are these rates still apply?

Hmm.... I better check again.

Yes... those numbers are correct for the GL450 AWD. Not sure why I thought there was a RWD model (the print is pretty small, though... lol)

gvitalik1

Hi

Could I please also get 2016 GL350 36/12 numbers.

Thanks

Michaell

gvitalik1 said:

Hi

Could I please also get 2016 GL350 36/12 numbers.

Thanks

Standard MF (between .00200-.00220) and 60%

gvitalik1

Here are 2 deals I'm being offered:

2016 GL350 
MSRP 80k
$10k discount
$2k cash down
$818/month on 36/12 lease including 9% tax

Or

2016 GL450
MSRP 78500
$10k discount
$2k cash down
$915/ month, on 36/12 lease including 9%tax

Please let me know if there is room for more.

Dealer claims MF is 0.0009 on both.

Thanks

kyfdx

gvitalik1 said:

Here are 2 deals I'm being offered:

2016 GL350 
MSRP 80k
$10k discount
$2k cash down
$818/month on 36/12 lease including 9% tax

Or

2016 GL450
MSRP 78500
$10k discount
$2k cash down
$915/ month, on 36/12 lease including 9%tax

Please let me know if there is room for more.

Dealer claims MF is 0.0009 on both.

Thanks

The dealer info about the MF cannot be correct.

GL350 Diesel uses the Standard MF (.0020 or higher) and the GL450 MF is .00047

Residuals are 60%/55% for the 350/450, which is why the diesel has a better payment.

I have no idea what these vehicles sell for, but I like the deal on the 350.

dansk123

Hi,

Please provide mf and residual for 2016 GL450 36/12 and 36/15

Thanks

Michaell

dansk123 said:

Hi,

Please provide mf and residual for 2016 GL450 36/12 and 36/15

Thanks

.00047 and 55% or 53%

apancho1

hello
could i please have numbers for 2017 gls550
36/10
and 48/10

thanks

kyfdx

apancho1 said:

hello
could i please have numbers for 2017 gls550
36/10
and 48/10

thanks

2017 discussion is here:
http://forums.edmunds.com/discussion/40532/mercedes-benz/gl-class/2017-mercedes-benz-gls-class-lease-questions#latest

irv_lex

Can I inquire about lease numbers on 2016 GL550 36/10 and 36/12? Down the last few new cars around

Michaell

irv_lex said:

Can I inquire about lease numbers on 2016 GL550 36/10 and 36/12? Down the last few new cars around

55% / 54% and .00133

irv_lex

than you very much, appreciate it!

kzevo

Hi please let me know the programing for 36months/10K for 2016 GL350 Bluetec 4matic. Also any incentives available including better programing for longer or shorter lease. thank you

kyfdx

kzevo said:

Hi please let me know the programing for 36months/10K for 2016 GL350 Bluetec 4matic. Also any incentives available including better programing for longer or shorter lease. thank you

Standard MF and 61% residual for 36/10.

36 months is the best term.