2017 Mercedes Benz GLS Class Lease Deals and Prices

Michaell

devilsadvct33 said:

Spoke to another dealer in South Florida area. They are giving me a rate of 0.00171 and 54% for 36/10 lease. It doesn't seem to be possible to get the published rates in this area. Does anyone have experience with a dealer in this area willing to quote at or near the base rates?

You may have to expand your search area to include Tampa/St. Pete, Orlando or Jacksonville - it only takes one dealer to meet your terms.

sumit123

Looking for 2017 GLS450 - 36month/12K miles. MSRP is 80435, destination charge is 925, negotiated MSRP is 75935. The negotiated deal with the dealer for lease is $4K down and $1103.60 including tax per month. Suggestions on how much more I can negotiate? Residual value at 56% and MF of 0.00171

Michaell

sumit123 said:

Looking for 2017 GLS450 - 36month/12K miles. MSRP is 80435, destination charge is 925, negotiated MSRP is 75935. The negotiated deal with the dealer for lease is $4K down and $1103.60 including tax per month. Suggestions on how much more I can negotiate? Residual value at 56% and MF of 0.00171

Numbers this month are .00071 and 56% for 36/12.

As you can see, the MF is marked way up on you.

Using your prices, I get $1065/mo before tax with the inflated MF, and $944/mo before tax with the base MF

What state and tax rate is this?

What does the $4k at signing cover? You want to limit your up front cash to just the first payment and DMV costs.

Be polite and tell the dealer you won't sign a deal with a marked up MF - they know what the base rate is. And, start working with other dealers. The competition will help you get the best price.

No idea on what the average transaction price for these ought to be - you are getting less than 6% off sticker price.

sumit123

Michaell said:

sumit123 said:

Looking for 2017 GLS450 - 36month/12K miles. MSRP is 80435, destination charge is 925, negotiated MSRP is 75935. The negotiated deal with the dealer for lease is $4K down and $1103.60 including tax per month. Suggestions on how much more I can negotiate? Residual value at 56% and MF of 0.00171

Numbers this month are .00071 and 56% for 36/12.

As you can see, the MF is marked way up on you.

Using your prices, I get $1065/mo before tax with the inflated MF, and $944/mo before tax with the base MF

What state and tax rate is this?

What does the $4k at signing cover? You want to limit your up front cash to just the first payment and DMV costs.

Be polite and tell the dealer you won't sign a deal with a marked up MF - they know what the base rate is. And, start working with other dealers. The competition will help you get the best price.

No idea on what the average transaction price for these ought to be - you are getting less than 6% off sticker price.

Super helpful. Thanks a bunch. Could you please help define what all is included in the DMV fee?

Also, when you say less than 6%, should I be looking to get to 6% or more and is that a standard? Just trying to understand how did you arrive at 6%

Michaell

sumit123 said:

Michaell said:

sumit123 said:

Looking for 2017 GLS450 - 36month/12K miles. MSRP is 80435, destination charge is 925, negotiated MSRP is 75935. The negotiated deal with the dealer for lease is $4K down and $1103.60 including tax per month. Suggestions on how much more I can negotiate? Residual value at 56% and MF of 0.00171

Numbers this month are .00071 and 56% for 36/12.

As you can see, the MF is marked way up on you.

Using your prices, I get $1065/mo before tax with the inflated MF, and $944/mo before tax with the base MF

What state and tax rate is this?

What does the $4k at signing cover? You want to limit your up front cash to just the first payment and DMV costs.

Be polite and tell the dealer you won't sign a deal with a marked up MF - they know what the base rate is. And, start working with other dealers. The competition will help you get the best price.

No idea on what the average transaction price for these ought to be - you are getting less than 6% off sticker price.

Super helpful. Thanks a bunch. Could you please help define what all is included in the DMV fee?

Also, when you say less than 6%, should I be looking to get to 6% or more and is that a standard? Just trying to understand how did you arrive at 6%

DMV costs are usually registration fees and, in some states, personal property tax.

We don't track selling prices for MB, so can't help you with what a good price would be.

I simply calculated the discount based on the prices you provided.

sumit123

Michaell said:

sumit123 said:

Michaell said:

sumit123 said:

Looking for 2017 GLS450 - 36month/12K miles. MSRP is 80435, destination charge is 925, negotiated MSRP is 75935. The negotiated deal with the dealer for lease is $4K down and $1103.60 including tax per month. Suggestions on how much more I can negotiate? Residual value at 56% and MF of 0.00171

Numbers this month are .00071 and 56% for 36/12.

As you can see, the MF is marked way up on you.

Using your prices, I get $1065/mo before tax with the inflated MF, and $944/mo before tax with the base MF

What state and tax rate is this?

What does the $4k at signing cover? You want to limit your up front cash to just the first payment and DMV costs.

Be polite and tell the dealer you won't sign a deal with a marked up MF - they know what the base rate is. And, start working with other dealers. The competition will help you get the best price.

No idea on what the average transaction price for these ought to be - you are getting less than 6% off sticker price.

Super helpful. Thanks a bunch. Could you please help define what all is included in the DMV fee?

Also, when you say less than 6%, should I be looking to get to 6% or more and is that a standard? Just trying to understand how did you arrive at 6%

DMV costs are usually registration fees and, in some states, personal property tax.

We don't track selling prices for MB, so can't help you with what a good price would be.

I simply calculated the discount based on the prices you provided.

Thank you for your guidance. My final number that dealer says take it or leave it is $3K down including first payment and $1K per month including taxes and $595 disposition charge - 36m/12K miles

Michaell

sumit123 said:

Michaell said:

sumit123 said:

Michaell said:

sumit123 said:

Looking for 2017 GLS450 - 36month/12K miles. MSRP is 80435, destination charge is 925, negotiated MSRP is 75935. The negotiated deal with the dealer for lease is $4K down and $1103.60 including tax per month. Suggestions on how much more I can negotiate? Residual value at 56% and MF of 0.00171

Numbers this month are .00071 and 56% for 36/12.

As you can see, the MF is marked way up on you.

Using your prices, I get $1065/mo before tax with the inflated MF, and $944/mo before tax with the base MF

What state and tax rate is this?

What does the $4k at signing cover? You want to limit your up front cash to just the first payment and DMV costs.

Be polite and tell the dealer you won't sign a deal with a marked up MF - they know what the base rate is. And, start working with other dealers. The competition will help you get the best price.

No idea on what the average transaction price for these ought to be - you are getting less than 6% off sticker price.

Super helpful. Thanks a bunch. Could you please help define what all is included in the DMV fee?

Also, when you say less than 6%, should I be looking to get to 6% or more and is that a standard? Just trying to understand how did you arrive at 6%

DMV costs are usually registration fees and, in some states, personal property tax.

We don't track selling prices for MB, so can't help you with what a good price would be.

I simply calculated the discount based on the prices you provided.

Thank you for your guidance. My final number that dealer says take it or leave it is $3K down including first payment and $1K per month including taxes and $595 disposition charge - 36m/12K miles

What is the breakdown of the $3000. If they don't want to divulge that information, it's time to find another dealer.

What is the selling price?

caltman

Michaell said:

sumit123 said:

Michaell said:

sumit123 said:

Michaell said:

sumit123 said:

Looking for 2017 GLS450 - 36month/12K miles. MSRP is 80435, destination charge is 925, negotiated MSRP is 75935. The negotiated deal with the dealer for lease is $4K down and $1103.60 including tax per month. Suggestions on how much more I can negotiate? Residual value at 56% and MF of 0.00171

Numbers this month are .00071 and 56% for 36/12.

As you can see, the MF is marked way up on you.

Using your prices, I get $1065/mo before tax with the inflated MF, and $944/mo before tax with the base MF

What state and tax rate is this?

What does the $4k at signing cover? You want to limit your up front cash to just the first payment and DMV costs.

Be polite and tell the dealer you won't sign a deal with a marked up MF - they know what the base rate is. And, start working with other dealers. The competition will help you get the best price.

No idea on what the average transaction price for these ought to be - you are getting less than 6% off sticker price.

Super helpful. Thanks a bunch. Could you please help define what all is included in the DMV fee?

Also, when you say less than 6%, should I be looking to get to 6% or more and is that a standard? Just trying to understand how did you arrive at 6%

DMV costs are usually registration fees and, in some states, personal property tax.

We don't track selling prices for MB, so can't help you with what a good price would be.

I simply calculated the discount based on the prices you provided.

Thank you for your guidance. My final number that dealer says take it or leave it is $3K down including first payment and $1K per month including taxes and $595 disposition charge - 36m/12K miles

What is the breakdown of the $3000. If they don't want to divulge that information, it's time to find another dealer.

What is the selling price?

Can dealers really mark up the MF 0.001? I thought the max markup for Mercedes dealerships was 0.0004 or about one point (1%).

caltman

What are the MF and residual on GLS 550 for 12k/36 in MN this month?

Michaell

I'm

caltman said:

Michaell said:

sumit123 said:

Michaell said:

sumit123 said:

Michaell said:

sumit123 said:

Looking for 2017 GLS450 - 36month/12K miles. MSRP is 80435, destination charge is 925, negotiated MSRP is 75935. The negotiated deal with the dealer for lease is $4K down and $1103.60 including tax per month. Suggestions on how much more I can negotiate? Residual value at 56% and MF of 0.00171

Numbers this month are .00071 and 56% for 36/12.

As you can see, the MF is marked way up on you.

Using your prices, I get $1065/mo before tax with the inflated MF, and $944/mo before tax with the base MF

What state and tax rate is this?

What does the $4k at signing cover? You want to limit your up front cash to just the first payment and DMV costs.

Be polite and tell the dealer you won't sign a deal with a marked up MF - they know what the base rate is. And, start working with other dealers. The competition will help you get the best price.

No idea on what the average transaction price for these ought to be - you are getting less than 6% off sticker price.

Super helpful. Thanks a bunch. Could you please help define what all is included in the DMV fee?

Also, when you say less than 6%, should I be looking to get to 6% or more and is that a standard? Just trying to understand how did you arrive at 6%

DMV costs are usually registration fees and, in some states, personal property tax.

We don't track selling prices for MB, so can't help you with what a good price would be.

I simply calculated the discount based on the prices you provided.

Thank you for your guidance. My final number that dealer says take it or leave it is $3K down including first payment and $1K per month including taxes and $595 disposition charge - 36m/12K miles

What is the breakdown of the $3000. If they don't want to divulge that information, it's time to find another dealer.

What is the selling price?

Can dealers really mark up the MF 0.001? I thought the max markup for Mercedes dealerships was 0.0004 or about one point (1%).

I'm not aware of a max markup allowed by MB dealers

Michaell

caltman said:

What are the MF and residual on GLS 550 for 12k/36 in MN this month?

Standard MF and 53%

texasrad

Could you give me the money factor and residual for a 2017 GLS450? This would be for 36 month/12K miles per year.

Also, the same information for the 2017 GLS350 (diesel).

Thanks!

kyfdx

texasrad said:

Could you give me the money factor and residual for a 2017 GLS450? This would be for 36 month/12K miles per year.

Also, the same information for the 2017 GLS350 (diesel).

Thanks!

450: .00071 MF and 56% residual

Don't see lease numbers for the 350D. Are you sure they are selling those, this year?

johng74

What are the money factor and residual for GLS 550 in Illinois? Thanks for your help.

Michaell

johng74 said:

What are the money factor and residual for GLS 550 in Illinois? Thanks for your help.

What lease term and how many miles per year?

johng74

36 month and 10k miles per year. Thanks.

Michaell

Michaell said:

johng74 said:

What are the money factor and residual for GLS 550 in Illinois? Thanks for your help.

What lease term and how many miles per year?

johng74 said:

36 month and 10k miles per year. Thanks.

Standard MF and 54%

johng74

What is standard money factor? Thanks. 

Michaell

johng74 said:

What is standard money factor? Thanks. 

We think between .00200 and .00220

johng74

Thanks

mb_ryna

A few questions regarding GLS & GLs.
1) For a 2017 GLS 450, how much can the MF lower by applying MSDs?

2) Last time I leased from MB a few years back, I assume you can still add the scheduled maintenance to the lease at a reduced cost (eg. add the 3 year 30K maint and only pay the residual % rather than the full cost). Still the case?

3) Lastly, instead of a 2017, I still see there are a few new 2016 GL350 BlueTECs out there. Diesels are not available for 2017. Does anyone have the lease rates on those for a 36 or 42 month, 12K or 15K per year?

Michaell

mb_ryna said:

A few questions regarding GLS & GLs.
1) For a 2017 GLS 450, how much can the MF lower by applying MSDs?

2) Last time I leased from MB a few years back, I assume you can still add the scheduled maintenance to the lease at a reduced cost (eg. add the 3 year 30K maint and only pay the residual % rather than the full cost). Still the case?

3) Lastly, instead of a 2017, I still see there are a few new 2016 GL350 BlueTECs out there. Diesels are not available for 2017. Does anyone have the lease rates on those for a 36 or 42 month, 12K or 15K per year?

1. We don't have the MSD particulars for MB
2. We've heard from other posters that this is still the case. However. others have stated that their dealer won't do that. YMMV
3. No 2016 GL lease numbers, this month.

Sorry we couldn't be of more help...

cdzorro

Hi. What is the MF and residual for a GLS450 in CA for a 3 year, 10k mile lease? Thanks!

Michaell

cdzorro said:

Hi. What is the MF and residual for a GLS450 in CA for a 3 year, 10k mile lease? Thanks!

.00071 and 57%

Michaell

burnman1 said:

Hi do you have numbers for GLS 63 AMG and 350d?
Thanks!

36/10?

No 350d numbers - in fact, no diesels at all from MB for 2017.

GLS63 - 55% and standard MF

cdzorro

Is there a substantial "weight fee" in california? a dealer included a $360 weight fee for a GLS450. also, what is a typical "Disposition fee" on a lease? mine says $1095. both look suspicious to me...

kyfdx

cdzorro said:

Is there a substantial "weight fee" in california? a dealer included a $360 weight fee for a GLS450. also, what is a typical "Disposition fee" on a lease? mine says $1095. both look suspicious to me...

Some trucks that qualify for accelerated depreciation for businesses (6000 lbs.+) are classified as commercial vehicles. I'm not familiar with that fee, but seems to be in line with that type of vehicle.

$795 is the acquisition fee. Dealers can mark it up to $1095 for extra profit. I'm sure that MBFS has a disposition fee, but it isn't charged until lease end (and, that number is not likely it).

ahashmi

What is the MF and RV for the GLS450 for 10k/36 mo?

thanks. 

Michaell

ahashmi said:

What is the MF and RV for the GLS450 for 10k/36 mo?

thanks. 

.00071 and 57%

peter456

Just get a quote for a 2017 GLS 450 42/10K. MSRP $78225, selling price $72750. with MF 0.00071, residual 54%. $1799 up front includes first month & bank fee ($795). Monthly payment $905. Is that right number ?

Michaell

peter456 said:

Just get a quote for a 2017 GLS 450 42/10K. MSRP $78225, selling price $72750. with MF 0.00071, residual 54%. $1799 up front includes first month & bank fee ($795). Monthly payment $905. Is that right number ?

.00071 and 54% are the correct numbers.

With your prices, I get $808/mo plus tax.

What state and tax rate is this?

peter456

New York.

peter456

It seem the monthly payment $905 should about include bank fee & tax. Thank for your help !

Michaell

peter456 said:

New York.

peter456 said:

It seem the monthly payment $905 should about include bank fee & tax. Thank for your help !

If you are adding those in, have the dealer give you the adjusted cap cost, not the selling price.

peter456

what's the different between selling price & cap cost ?

Michaell

peter456 said:

what's the different between selling price & cap cost ?

cap cost = selling price + taxes, fees you are not paying up front - cap reduction (aka down payment)

peter456

Thanks.

peter456

After I asking the salesman why my monthly payment is not around $880 ($808 + NYS taxes $72), he telling me that : When you roll taxes into payment,NYS will penalizes you not only the tax amount increase by over $300, but the interest also added. Here is the details : MSRP: $78225. Selling Price: $72750. MF 0.00071 with 54% Residual. 42/10K=$820 w/$4845 up front. $4845 includes 1st month, Bank Fee($795) and Sales Taxes. Or $905 w/$1798 up front. The $1798 includes !st month and Bank Fee only. Residual is $42,242. Is that true ? And $905 monthly payment with $1798 up front is the right number I should pay ? Thanks so much !

Michaell

peter456 said:

After I asking the salesman why my monthly payment is not around $880 ($808 + NYS taxes $72), he telling me that : When you roll taxes into payment,NYS will penalizes you not only the tax amount increase by over $300, but the interest also added. Here is the details : MSRP: $78225. Selling Price: $72750. MF 0.00071 with 54% Residual. 42/10K=$820 w/$4845 up front. $4845 includes 1st month, Bank Fee($795) and Sales Taxes. Or $905 w/$1798 up front. The $1798 includes !st month and Bank Fee only. Residual is $42,242. Is that true ? And $905 monthly payment with $1798 up front is the right number I should pay ? Thanks so much !

Our recommendation is to pay only the first payment and DMV costs up front - roll all the taxes and fees into the cap cost. Yes, you'll pay interest on that amount, but you won't get a refund of the unused fees or taxes if the car is stolen or totaled before the end of the lease.

peter456

If only pay first payment and DMV cost up front, with my selling price $72750. How much will the monthly payment be ?

Michaell

peter456 said:

If only pay first payment and DMV cost up front, with my selling price $72750. How much will the monthly payment be ?

We need to know the adjusted cap cost, with those fees and such added into the selling price.

nj_2016

We received a quote for a 2017 GLS 450 36 months/12K miles. MSRP $87155 (they offered us a 10% discount). MF 0.00061, residual 57% (maybe). $8000 down payment that includes first month payment. Monthly lease amount is $875. Is this a good deal?

kyfdx

nj_2016 said:

We received a quote for a 2017 GLS 450 36 months/12K miles. MSRP $87155 (they offered us a 10% discount). MF 0.00061, residual 57% (maybe). $8000 down payment that includes first month payment. Monthly lease amount is $875. Is this a good deal?

We show .00071 MF and 56% residual for 36/12.

Any idea of the adjusted CAP cost? Selling price?
State and tax rate?

Why put $8000 upfront on a vehicle that you are renting monthly?

nj_2016

Its Maryland. Cap was 77K+. 8k is coming though part of our trade in value. Because of the trade in we were able to get the tax savings on the deal. The initial offering was $1160

Michaell

nj_2016 said:

Its Maryland. Cap was 77K+. 8k is coming though part of our trade in value. Because of the trade in we were able to get the tax savings on the deal. The initial offering was $1160

MD is offering tax credits? That's news to us.

Ask for the breakdown of how the $8K is being used.

nj_2016

Ok I will ask for the breakup. We wanted to stay under $900 and with 8K trade in amount and auto pay we were able to achieve that. Also we have financed in the past so it was more like out of habit. I really appreciate the feedback.

Michaell

nj_2016 said:

Ok I will ask for the breakup. We wanted to stay under $900 and with 8K trade in amount and auto pay we were able to achieve that. Also we have financed in the past so it was more like out of habit. I really appreciate the feedback.

If you need to put a bunch of money down on a lease to get to a payment, perhaps you should look at something less expensive.

nj_2016

Yes Michaell you are right and this is what happens when ones heart outruns the mind, we are in love with this car! So 8k includes, 1st installment, DMV costs and taxes, processing fee, bank fee, charge to bring car from another city, prepaid maintenance coverage upto 30k miles. As per them the balance will bring down the selling price. Thanks in advance.

zyxjl143

Hi

I just got a deal of the 2017 GLS 450. $899 36/10 includes everything. I don't pay anything upfront but roll taxes , DMV and everything . I am in New York . Is that a good deal ?

Michaell

zyxjl143 said:

Hi

I just got a deal of the 2017 GLS 450. $899 36/10 includes everything. I don't pay anything upfront but roll taxes , DMV and everything . I am in New York . Is that a good deal ?

We would need to know the MSRP and adjusted cap cost to know for sure.

.00071 and 57%