2018 Mercedes-Benz GLS-Class Lease Deals and Prices

wilsonstaff

Hello.. Trying to order a new GLS550. Could you please give me the MF and residual for 36mos/12k in NY State ?
Thanks for your help on this.

kyfdx

wilsonstaff said:

Hello.. Trying to order a new GLS550. Could you please give me the MF and residual for 36mos/12k in NY State ?
Thanks for your help on this.

It's too late to order a 2018 model.

Did you want 2019?

If so, please post here:
https://forums.edmunds.com/discussion/52403/mercedes-benz/gls-class/2019-mercedes-benz-gls-class-lease-deals-and-prices#latest

wilsonstaff

Sorry I didn't specify. It's a 2018. Can only order till end of the month I'm told

Michaell

wilsonstaff said:

Sorry I didn't specify. It's a 2018. Can only order till end of the month I'm told

.00121 and 50%

wilsonstaff

Thank you for your help with this.

kyfdx

wilsonstaff said:

Thank you for your help with this.

I'd really push back a little bit on ordering a 2018 model. Once the new models come out, that would be very unusual. They may be trying to rope you in. (Oh, we just found out that it's 2019 only, now)

sonicolone

Hello. Are there 7,500 mi/yr programs on the GLS? Thanks

AndyGan

I will be thankful , GLS 450 , Miami 33180 , 10k and 12K , 24 +36 months . what is the MF , RV , how many MSD can I use to lower the MF to the lowest possible. Thanks

kyfdx

sonicolone said:

Hello. Are there 7,500 mi/yr programs on the GLS? Thanks

Yes...

Which GLS model?
What term?

kyfdx

AndyGan said:

I will be thankful , GLS 450 , Miami 33180 , 10k and 12K , 24 +36 months . what is the MF , RV , how many MSD can I use to lower the MF to the lowest possible. Thanks

.00111 MF
57%/53% residual for 24/36 mo, 12K/yr
Add 1% for 10K/yr

10 MSDs X .00007 ea. = .00070 reduction.

sonicolone

kyfdx said:

sonicolone said:

Hello. Are there 7,500 mi/yr programs on the GLS? Thanks

Yes...

Which GLS model?
What term?

GLS450, 36/42/48. Thanks

Michaell

sonicolone said:

kyfdx said:

sonicolone said:

Hello. Are there 7,500 mi/yr programs on the GLS? Thanks

Yes...

Which GLS model?
What term?

GLS450, 36/42/48. Thanks

.00111 and 55% / 51% / 47%

Looking2018

2018 GLS 450, San Jose, CA - 24/36/48month lease assuming 12k miles/year. Please let know MF and RV. Thanks

kyfdx

Looking2018 said:

2018 GLS 450, San Jose, CA - 24/36/48month lease assuming 12k miles/year. Please let know MF and RV. Thanks

.00111 MF
57%/53%/45% residual

uglierbuckle

dewarsandsoda said:

Here's the deal I closed in SoCal for a 2018 GLS550.

Lease: 36/12
MSRP: 100355
Sales Price: 90638
RV: 51%
MF: 0.00140
Revised MF (after 10 max MSDs): 0.00070
Doc Fee: $80
Acq Fee: $1175
DMV: $886

Monthly (incl. 7.75% tax): $1323.98
DAS (1st month + DMV + doc): $2232.98 + $15K MSDs (refundable at lease end)

I know the acquisition fee is inflated, but given the aggressive sales price and MSDs off of the base MF, I thought it was a good deal.

Do you have to put $15k MSDs for a less than 2% discount in the money factor? Treasury bonds would have given you a better return for those 3 years. I still don't understand why people still buy MSDs, that too in 10s of 1000s of $s.

kyfdx

uglierbuckle said:

dewarsandsoda said:

Here's the deal I closed in SoCal for a 2018 GLS550.

Lease: 36/12
MSRP: 100355
Sales Price: 90638
RV: 51%
MF: 0.00140
Revised MF (after 10 max MSDs): 0.00070
Doc Fee: $80
Acq Fee: $1175
DMV: $886

Monthly (incl. 7.75% tax): $1323.98
DAS (1st month + DMV + doc): $2232.98 + $15K MSDs (refundable at lease end)

I know the acquisition fee is inflated, but given the aggressive sales price and MSDs off of the base MF, I thought it was a good deal.

Do you have to put $15k MSDs for a less than 2% discount in the money factor? Treasury bonds would have given you a better return for those 3 years. I still don't understand why people still buy MSDs, that too in 10s of 1000s of $s.

Your math is incorrect.

The 2% savings isn't on $15K. The money factor is applied to the (Adjusted CAP + Residual). That amount is over $140K. (in this case)

$140K X .00070 = $98/mo.

$98 X 12 = $1176 annual savings

$1176 / $15000 = 7.84% annual return.

And, that's after-tax return, as it's a direct reduction to a non-deductible expense (assuming it's a personal lease)

uglierbuckle

Oh ok, that's some savings! Still, stocks will give you better return!

kyfdx

uglierbuckle said:

Oh ok, that's some savings! Still, stocks will give you better return!

Guaranteed?

uglierbuckle

No guarantee! Of course there is no guarantee that you will drive that car for 36/39 months either

drjughead03

Hi.. I am looking to lease a 2018 GLS 450.

Please post details for 36k/15k miles MF and RV for HOUSTON 77027

Thanks

Michaell

uglierbuckle said:

No guarantee! Of course there is no guarantee that you will drive that car for 36/39 months either

Generally speaking, most folks who lease take it to the end. Unless extenuating circumstances intervene.

Nobody is twisting your arm to use MSDs - we're just here to point out the advantages of doing so.

Michaell

drjughead03 said:

Hi.. I am looking to lease a 2018 GLS 450.

Please post details for 36k/15k miles MF and RV for HOUSTON 77027

Thanks

.00111 and 51%

uglierbuckle

Michaell said:

uglierbuckle said:

No guarantee! Of course there is no guarantee that you will drive that car for 36/39 months either

Generally speaking, most folks who lease take it to the end. Unless extenuating circumstances intervene.

Nobody is twisting your arm to use MSDs - we're just here to point out the advantages of doing so.

Agreed! Thanks for the all help you guys provide, greatly appreciated!

Max450

Thanks so much @Michaell. I never signed up for posting a question but your forum has helped me understand MF and residual value and understanding the deal I was getting. So I signed up to thank you.
Here is a deal I am being offered for a Demo 2018 GLS 450 (has 3700 Miles)
MSRP: 82K
SP: 68,396 (16% of MSRP)
Term: 36/12
MF: 0.00111 (was initially being offered 0.00261 )
RV: 53%
Monthly Payment: $851
Down Payment: $3769- $851(first payment)+ $2838(VA tax)

Thanks
Max

aleks123

What are October lease/purchase incentives for 2018/2019 GLS 450/550? Thank you

Michaell

Max450 said:

Thanks so much @Michaell. I never signed up for posting a question but your forum has helped me understand MF and residual value and understanding the deal I was getting. So I signed up to thank you.
Here is a deal I am being offered for a Demo 2018 GLS 450 (has 3700 Miles)
MSRP: 82K
SP: 68,396 (16% of MSRP)
Term: 36/12
MF: 0.00111 (was initially being offered 0.00261 )
RV: 53%
Monthly Payment: $851
Down Payment: $3769- $851(first payment)+ $2838(VA tax)

Thanks
Max

That's a pretty solid deal.

Michaell

aleks123 said:

What are October lease/purchase incentives for 2018/2019 GLS 450/550? Thank you

What lease term and how many miles per year?

2019 GLS-Class lease thread is here:

https://forums.edmunds.com/discussion/52403/mercedes-benz/gls-class/2019-mercedes-benz-gls-class-lease-deals-and-prices#latest

wche1

Numbers for NY/NJ? GLS 450 36/7.5/10? Incentives?

kyfdx

wche1 said:

Numbers for NY/NJ? GLS 450 36/7.5/10? Incentives?

36/10
.00111 MF and 54% residual
No incentives

kikkomen

Looking to lease a 2018 loaner car, current offer below. Is this a good deal given such high mileage that's already on the car? Would I run into issues with standard warranty? Also concerned about potential reliability issue with this car since it was leased for a short period of time (around 4 months) and about 6.5k miles were put in to the car.

Lease: 36/12
MSRP: 84695
Sales Price: 69900
ODO: 8990 miles
RV: 53%
MF: 0.00111
Doc Fee: $499
Acq Fee: $1095
DMV: $200
NJ tax: 2190.20 (6.625%)

Monthly: $833.09

Thanks in advance!

Michaell

kikkomen said:

Looking to lease a 2018 loaner car, current offer below. Is this a good deal given such high mileage that's already on the car? Would I run into issues with standard warranty? Also concerned about potential reliability issue with this car since it was leased for a short period of time (around 4 months) and about 6.5k miles were put in to the car.

Lease: 36/12
MSRP: 84695
Sales Price: 69900
ODO: 8990 miles
RV: 53%
MF: 0.00111
Doc Fee: $499
Acq Fee: $1095
DMV: $200
NJ tax: 2190.20 (6.625%)

Monthly: $833.09

Thanks in advance!

How much is due at signing?

.00111 and 53% are correct, but there will be an adjustment to the residual to account for the miles. We don't know how MB does that, however.

The acquisition fee is marked up from $795.

Depending on how much is due, it could be a decent deal.

kikkomen

@Michaell, thank you for your swift response! The due at signing is $5546.66. Can you please also advise on the reliability side of this car, given it's almost 9k miles and does it have all the warranty covered for the 3 year lease?

Also just curious if the end of year winter sale would have the MF and residual adjusted down for this lease?

Thank you!

Michaell said:

kikkomen said:

Looking to lease a 2018 loaner car, current offer below. Is this a good deal given such high mileage that's already on the car? Would I run into issues with standard warranty? Also concerned about potential reliability issue with this car since it was leased for a short period of time (around 4 months) and about 6.5k miles were put in to the car.

Lease: 36/12
MSRP: 84695
Sales Price: 69900
ODO: 8990 miles
RV: 53%
MF: 0.00111
Doc Fee: $499
Acq Fee: $1095
DMV: $200
NJ tax: 2190.20 (6.625%)

Monthly: $833.09

Thanks in advance!

How much is due at signing?

.00111 and 53% are correct, but there will be an adjustment to the residual to account for the miles. We don't know how MB does that, however.

The acquisition fee is marked up from $795.

Depending on how much is due, it could be a decent deal.

Michaell

kikkomen said:

@Michaell, thank you for your swift response! The due at signing is $5546.66. Can you please also advise on the reliability side of this car, given it's almost 9k miles and does it have all the warranty covered for the 3 year lease?

Also just curious if the end of year winter sale would have the MF and residual adjusted down for this lease?

Thank you!

Michaell said:

kikkomen said:

Looking to lease a 2018 loaner car, current offer below. Is this a good deal given such high mileage that's already on the car? Would I run into issues with standard warranty? Also concerned about potential reliability issue with this car since it was leased for a short period of time (around 4 months) and about 6.5k miles were put in to the car.

Lease: 36/12
MSRP: 84695
Sales Price: 69900
ODO: 8990 miles
RV: 53%
MF: 0.00111
Doc Fee: $499
Acq Fee: $1095
DMV: $200
NJ tax: 2190.20 (6.625%)

Monthly: $833.09

Thanks in advance!

How much is due at signing?

.00111 and 53% are correct, but there will be an adjustment to the residual to account for the miles. We don't know how MB does that, however.

The acquisition fee is marked up from $795.

Depending on how much is due, it could be a decent deal.

Can't help you with reliability questions.

What is the breakdown of the $5500?

Will the car be in warranty the entire lease term? Remember, it will have 45,000 miles on it at lease end, if you drive the full 12,000 miles per year.

kikkomen

This is the complete break down, the $5500 is categorized as cash cap reduction. As I understood, it supposed to include first month payment, sales, doc fee, dmv fee and acq fee, but those added up are around $4800, not close to $5500.

Thanks

Michaell said:

kikkomen said:

@Michaell, thank you for your swift response! The due at signing is $5546.66. Can you please also advise on the reliability side of this car, given it's almost 9k miles and does it have all the warranty covered for the 3 year lease?

Also just curious if the end of year winter sale would have the MF and residual adjusted down for this lease?

Thank you!

Michaell said:

kikkomen said:

Looking to lease a 2018 loaner car, current offer below. Is this a good deal given such high mileage that's already on the car? Would I run into issues with standard warranty? Also concerned about potential reliability issue with this car since it was leased for a short period of time (around 4 months) and about 6.5k miles were put in to the car.

Lease: 36/12
MSRP: 84695
Sales Price: 69900
ODO: 8990 miles
RV: 53%
MF: 0.00111
Doc Fee: $499
Acq Fee: $1095
DMV: $200
NJ tax: 2190.20 (6.625%)

Monthly: $833.09

Thanks in advance!

How much is due at signing?

.00111 and 53% are correct, but there will be an adjustment to the residual to account for the miles. We don't know how MB does that, however.

The acquisition fee is marked up from $795.

Depending on how much is due, it could be a decent deal.

Can't help you with reliability questions.

What is the breakdown of the $5500?

Will the car be in warranty the entire lease term? Remember, it will have 45,000 miles on it at lease end, if you drive the full 12,000 miles per year.

kyfdx

kikkomen said:

This is the complete break down, the $5500 is categorized as cash cap reduction. As I understood, it supposed to include first month payment, sales, doc fee, dmv fee and acq fee, but those added up are around $4800, not close to $5500.

Thanks

Michaell said:

kikkomen said:

@Michaell, thank you for your swift response! The due at signing is $5546.66. Can you please also advise on the reliability side of this car, given it's almost 9k miles and does it have all the warranty covered for the 3 year lease?

Also just curious if the end of year winter sale would have the MF and residual adjusted down for this lease?

Thank you!

Michaell said:

kikkomen said:

Looking to lease a 2018 loaner car, current offer below. Is this a good deal given such high mileage that's already on the car? Would I run into issues with standard warranty? Also concerned about potential reliability issue with this car since it was leased for a short period of time (around 4 months) and about 6.5k miles were put in to the car.

Lease: 36/12
MSRP: 84695
Sales Price: 69900
ODO: 8990 miles
RV: 53%
MF: 0.00111
Doc Fee: $499
Acq Fee: $1095
DMV: $200
NJ tax: 2190.20 (6.625%)

Monthly: $833.09

Thanks in advance!

How much is due at signing?

.00111 and 53% are correct, but there will be an adjustment to the residual to account for the miles. We don't know how MB does that, however.

The acquisition fee is marked up from $795.

Depending on how much is due, it could be a decent deal.

Can't help you with reliability questions.

What is the breakdown of the $5500?

Will the car be in warranty the entire lease term? Remember, it will have 45,000 miles on it at lease end, if you drive the full 12,000 miles per year.

If you look at the math, they've added the first payment in to come up with the Gross CAP (even though they don't show it).

Using their "adjusted CAP cost", the payment should be $801/mo, not $833/mo.

But, that could easily be explained by a residual adjustment (downward) for the existing miles.
If they showed you the numbers of the deal on the actual computer screen where they input them, it would be apparent why it's different.

I have no idea how much room they might have on a loaner. The difference in price between my calculations and their quote is about $1000. The residual could easily be that much lower.

Warranty shouldn't be an issue. Doesn't Mercedes have 4 yr, 50K miles?

sonicolone

Hi, what are October numbers for GLS450, 10,000/42mo in 60062? Thanks!

Michaell

sonicolone said:

Hi, what are October numbers for GLS450, 10,000/42mo in 60062? Thanks!

.00111 and 50%

amp512

Hi,

Can you provide MF and Residual value for 2018 GLS 450 36 months with 15k miles per year for NJ/Zip Code 07054?

What are the discounts for MSD?

thanks.

kyfdx

amp512 said:

Hi,

Can you provide MF and Residual value for 2018 GLS 450 36 months with 15k miles per year for NJ/Zip Code 07054?

What are the discounts for MSD?

thanks.

.00111 MF and 51% residual

10 MSDs at .00007 ea. = .00070 MF reduction

skw

Can I check on October rates one last time in zip 02184, might be going in tomorrow. '18 GLS 450, 36/10 & 42/10. Is the MF .00125 or .00111? And RV? Then also '18 GLS 550, also 36/10 & 42/10. Thanks!

kyfdx

skw said:

Can I check on October rates one last time in zip 02184, might be going in tomorrow. '18 GLS 450, 36/10 & 42/10. Is the MF .00125 or .00111? And RV? Then also '18 GLS 550, also 36/10 & 42/10. Thanks!

450: .00111 MF and 54%/46% residual
550: .00121 MF and 51%/42% residual

skw

kyfdx said:

skw said:

Can I check on October rates one last time in zip 02184, might be going in tomorrow. '18 GLS 450, 36/10 & 42/10. Is the MF .00125 or .00111? And RV? Then also '18 GLS 550, also 36/10 & 42/10. Thanks!

450: .00111 MF and 54%/46% residual
550: .00121 MF and 51%/42% residual

Thx!

skw

Not sure if too soon but any change for November's programs? 36/10 and 42/10 for '18 GLS450 and 550 (zip 02184)? October must have been a good month as I visited 2 dealers and neither one wasn't too motivated to "move 1 more unit" yesterday.

kyfdx

skw said:

Not sure if too soon but any change for November's programs? 36/10 and 42/10 for '18 GLS450 and 550 (zip 02184)? October must have been a good month as I visited 2 dealers and neither one wasn't too motivated to "move 1 more unit" yesterday.

450: .00093 MF and 53%/49% residual
550: .00101 MF and 50%/45% residual

AndyGan

Please ,Any change for this month, 33180, gls 450, 36/12. Thanks and have a great weekend

kyfdx

AndyGan said:

Please ,Any change for this month, 33180, gls 450, 36/12. Thanks and have a great weekend

.00091 MF and 52% residual

ipjoonn

Hi. Here is my deal
2019 gls 450
$83,950 discount to$74,896
$5000 down $1,118.52 mo
$1,834.01 down $1,215.01 mo
36/15k Virginia 

is this ok?  Thank you 

kyfdx

ipjoonn said:

Hi. Here is my deal
2019 gls 450
$83,950 discount to$74,896
$5000 down $1,118.52 mo
$1,834.01 down $1,215.01 mo
36/15k Virginia 

is this ok?  Thank you 

2019 model?

If so, please post here:
https://forums.edmunds.com/discussion/52403/mercedes-benz/gls-class/2019-mercedes-benz-gls-class-lease-deals-and-prices#latest

slolankan

Hello!

Can you kindly provide the MF/RV and any incentives for December in SoCal?

2018 - GLS 450- 24, 36 mo -- 12k miles

Thank you!

kyfdx

slolankan said:

Hello!

Can you kindly provide the MF/RV and any incentives for December in SoCal?

2018 - GLS 450- 24, 36 mo -- 12k miles

Thank you!

.00091 MF
56%/52% residual
$2000 Winter event bonus