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Comments
I think it comes down to the brand. Lexus or Mercedes. I don't think you can make a wrong decision with either.
The GL is also about 700 lbs heavier.
The Range Rover is not available with a Third Row and most likely never well be. The only third row equiped Land Rover is the LR3 and its third row is larger then the GLs for head and leg room but less for shoulder room because of the narrower track of the LR3.
GL450 vs Pilot VS LR3 HSE
Feature-wise, the vehicle is loaded, I'm just not sold on it's exterior styling - that's all I meant to say.
thanks, sending you contact info privately. vince
That being said, the fact that both seem to get similar gas mileage tips the scale to the bigger engine for me (we live in a very hilly area). - Lee
I am not sure if it has been registered b/c its currently driven by a manager...i am so new to all this....
Good luck.If I were you, I'd buy with fewer options but new one off the floor.
I would never buy a demo. It's usually abused.
I agree with the previous poster's recommendation - you should price out a brand new one first and see where the invoice price lies between the price that they're offering you on the demo.
As for the mileage, I would recommend closer to 30 cents per miles.
If the demo was driven by the sales manager, I can (almost) guarantee that he "babied" it, as he knew all along that he'd have to turn around and re-sell it. If it was a service loaner, I'd say no way as only lord knows how many different drivers it encountered.
Demo's can be tough to negotite sometimes because the dealer looks at it as if it were still new instead of really looking at it for what it truly is - a used car.
The bottom line is this: If they won't sell you the vehicle for close to the deprecitaed value of a used car, but they'll sell it to you significantly lower than a brand new one, you should definitely consider it.
You'll definitely want to talk to them about how the warranty was affected and/or if they'll extend it on their dime or for their cost.
Drive off fees total $2,236 (includes first month payment, dmv fees, acquisiton fee+tax); then $795.64 plus tax per month
for GL450 with prem 1 package, rear dvd, ipod kit, running boards.
Is this good? my other option is buying at approx $10,000 off mrsp
thanks for any advice!
One advice I have, no matter if you buy or lease, is to get the leather.
The fake leather I have is horrible. It's constantly dirty and impossible to clean. It's not just my 2 girls, but even the driver's seat is constantly stained.
I'm looking at leasing one this week and would like to know where I should be at a payment amount. While I'm in the Chicago area, I'm in Will county and not subject to the Chicago lease tax (although I do have to pay the state of IL sales tax on the full purchase amount).
Last question would be recent purchase experiences (dollars off MSRP). I'm eyeing a GL that's stickering at $70.9k, getting a price of a couple of k's below that.
Thanks
John
2008 GL 450
There are alot of dealer cash incentives and can get big discount off MSRP, but
the lease factors aren't as good
2009 GL 450
The dealers won't reduce the price of the car as much, but lease factors are good.
I received quote on 2008 GL 450 MSRP 63550 with drive off $1600 with total monthly including tax(8.5%) of $750/month. Without tax this would be about $690-$700. This is without rear DVD. If rear DVD was added it would probably add $40-$60 a month to the total.
For 2009 GL 450 on MSRP $66,110
This would include premium I, running boards. Money factor .00105, residual 51% on 39 months for 15 mi/year. Quote was $780/month without tax or $835 including tax.
Hopefully that helps. If you don't mind getting a 2008 GL 450 dealers are more willing to negotiate. There are a few differences between the two though. Mostly cosmetic and the navigation/COMAD system and more standards check out both before deciding.
Hope this info helps.
2008 GL450 white/black with premium 1 pack, ipod.
MSRP: 63500
-14250 off
sales price: 49250
OTD: 53530.
was thinking of X5 but this was cheaper. and more space. more power.
Did you get $14,250 off because you qualified for employee pricing or maybe the dealer just gave you employee pricing? Please let me know if you know the answer. Also, I would appreciate the name of the dealer if you would share. Thx.
djahnman:
On the leases you were quoted, do you know what the captalized cost was.
Thanks for all your help.
MSRP $68750
add-in bluetooth $495
Total 69245
Negotiated price $51,619
I also priced out an '09
MSRP $69555
Negotiated price $65200
I did compare the '09 and liked the improved options etc, but the price difference was well worth going with the '08.
As MB did not have a lease deal on '08, ended up financing @2.9% APR.
This would include premium I, running boards. Money factor .00105, residual 51% on 39 months for 15 mi/year. Quote was $780/month without tax or $835 including tax. "
For this deal to work, they would have to sell the car at $2.1K below invoice (approx $61.5K cap cost). Are they discounting that much in LA or were they asking you to put extra money into the deal?
Total Drive off was $1500 which included 1st month, license and doc. Cap cost was $59.2K then with acq fee of $1095 the final gross cap cost was $60.3K. Final monthly of $780/mo + tax on a 39 mo/15k mi per year. I think the dealer did mark up the acquistion fee though. I don't know what the usual Mercedes acquisition fee is.
It took several quotes from multiple dealers to get this low. Closest deal to this was $20 per month more. Several other dealers could not come close to this deal.
This is why I chose the 2009 model over the 2008. The 2009 model was about $80 more per month than the 2008 deal, but the 2009 has many more standards and includes more with the P1 package.
for a 08 Gl450 with Premium 1 and other few options, I was quoted $59.5K
Appreciate your help in advance.
Thanks
i wonder if this guy dksung bought a company demo with few thousand miles on it.
mine was brand new with 8 miles.
anyways best place to get at least 14k off is Laguna and Southbay in socal.
premium 1
ipod
illuminated door
19" wheels
roof rack cross bars
running board
RES/DVD
bluetooth
etc..
It's brand new with 23 miles on it. I didn't even have to negotiate much at all.
I'm in NJ was really looking to lease the '09s with RES and Appearance (MSRP 69555) and the payment came out to be $875/mo with no money down for 36mo/12K. (next best deal was $890/mo for the same car)
I just asked about how much the '08 lease would be for a comparable car and I was first told that it would be more, so said that it doesn't make any sense. He then put me on hold for a couple of minutes, came back and said they can lease it for lower payment than '09 if I'm interested. So I asked about what the selling price would be and was told that it would be ~$51K or about 18K off as that would be the only way to make the payments lower. At that point, I told him that I'll just buy it at that price instead.
It now have ~300 miles on it and it drives/handles so much better than the R. It also gives a pretty decent milege with an average of about 16.5mpg so far (highway driving i got about 18.7mpg). I'm really happy with it so far.
dkl76, thank you for sharing your thoughts.
Coincidentally I live in NJ too, I have just been to one dealer so far and as I posted earlier, I was offered 59k for a car with MSRP 68.5k and it almost had the same options as your car. I did not bargain yet as I was waiting for your response.
Once again, thank you for sharing your experience, it is really very helpful.
dksung, Would you mind sharing the dealer name (only if you are comfortable doing it)? I can probably buy from the same dealer if my current dealer is not interested in selling tha car at 51k.
Thank you.
That is truly a great price. I'm looking for a 2008 GL320 well equipped and I'll be using the checkbook service. Not sure if you've heard of it but it basically contacts dealers on your behalf to get the best price. I've bought two cars through this service and the pricing has been much better than what I've been able to negotiate.
If you don't mind, could you tell me the dealer you used to get your deal? I'm in NNJ and I want to make sure they are one of the ones that checkbook includes in their process.
Thanks in advance.
If you don't mind, can you please provide the following info about the 2009 lease quote
1. Does $875/mo payment include the tax or you have to pay the total tax of 36 payments up front (which is closed to $2000)?
2. When you say "with no money down", does that mean that you don't have to pay anything up front (other than possibly a small amount of dealer admin/doc fees and the 1st payment)?
Next Q : the dealer has a 08 Demo 450 with 3600 miles...19in wheels ,P1 pkg, ipod kit, some other extras....MSRP 71K....want 63K for it. I know its to high..anyone know how I can negotiate a better price? its driven by the manager, hasn't been registered.
2008 GL320CDI Black/Black MB Tex
P1
19" Wheels
Running Boards
Chrome Handle Inserts
MSRP: $63,300
Got it for: $50,500
Discount: $12,800
I'm happy with my deal. I've had it for 3 days and the GL is fantastic.
The money factor on the lease, though, is way high (7.3%). For 36 mo., the lease payment is $749. But I can finance with a couple thousand down for roughly $815. I think that's a no-brainer. Any thoughts on whether the dealer will freak if I go in now and tell him "Forget the lease, I'll buy it?"
i dont know much about lease, so did not understand the residual, money factor etc in your post but anyways I am looking to buy one in NJ. Based on your post, are you saying that the dealer is willing to sell the car with MSRP 68k for 52k? if yes, can you please send me the dealer details.
I also live in NJ and so far the best deal I got is 55k for a 2008 car with MSRP of 68.5k.
Thanks in advance.
Can you share city names of deals were madie if you dont' mind?
Left a NJ dealer today and could only muster $63,736 off of a $68,085 2008 GL450. First visit though. Have yet to press the issue.
Would love to know dksung's dealer.....
Near a defunct horse race track?
Ivy League school?
Within view of Empire State Bldg?
We are all on the same team.
Thanks.
troublesome economy.
by the way, is your lease $749/mo is including tax or exclueding tax?
Thanks.