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2017 Mercedes Benz GLS Class Lease Deals and Prices

fence357fence357 Member Posts: 15
edited October 2017 in Mercedes-Benz
msrp 86,040 So far I have negotiated the price to 83,000, Do you think I can do better? Can you please give me the money factor and residual value for 10/12k miles a year. I am looking for a 36 month lease unless MB has similar term special going. I have never leased a MB, what are destination and handling charges? Thanks for all of the help.
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  • kyfdxkyfdx Moderator Posts: 236,789
    fence357 said:

    msrp 86,040 So far I have negotiated the price to 83,000, Do you think I can do better? Can you please give me the money factor and residual value for 10/12k miles a year. I am looking for a 36 month lease unless MB has similar term special going. I have never leased a MB, what are destination and handling charges? Thanks for all of the help.

    Standard MF and 59% residual for 36/12.

    Destination and handling are just part of the price. No dealer should be breaking them out, separately.

    Acquisition fee on MBFS leases is $795, which dealers often markup to $1095 for extra profit.

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  • fence357fence357 Member Posts: 15
    Is the standard MF (.00200-.00220) or the .00084 that I see for the 2016 GL450. And the residual for 36/10 would be 61%? Once again thanks for taking the time to help.
  • MichaellMichaell Moderator Posts: 241,012
    fence357 said:

    Is the standard MF (.00200-.00220) or the .00084 that I see for the 2016 GL450. And the residual for 36/10 would be 61%? Once again thanks for taking the time to help.

    Standard MF is .00200-.00220. 60% residual for 36/10.

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  • nyjmrrfnyjmrrf Member Posts: 54
    Any numbers on the '17 GLS 550? 36 months 10k miles/yr? Thank you.
  • kyfdxkyfdx Moderator Posts: 236,789
    nyjmrrf said:

    Any numbers on the '17 GLS 550? 36 months 10k miles/yr? Thank you.

    Standard MF and 57% residual

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  • cfx9851cfx9851 Member Posts: 64
    hi folks any numbers ( MF and Residual Value) on 2017 GLS 450 for 36 months and 10k/yr.
  • MichaellMichaell Moderator Posts: 241,012
    cfx9851 said:

    hi folks any numbers ( MF and Residual Value) on 2017 GLS 450 for 36 months and 10k/yr.

    Standard MF and 60%

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  • ihdihdihdihd Member Posts: 9
    Hello,

    Thanks for the service you provide. I was wondering if may numbers are out for MB. Looking at a GLS450 36mo - 15/12/10k MF/Residual.

    Also are GL 450 still leasing? If so what are MF and residuals on those?

    Thx
  • MichaellMichaell Moderator Posts: 241,012
    ihdihd said:

    Hello,

    Thanks for the service you provide. I was wondering if may numbers are out for MB. Looking at a GLS450 36mo - 15/12/10k MF/Residual.

    Also are GL 450 still leasing? If so what are MF and residuals on those?

    Thx

    MB numbers expire today, 5/2/16.

    2017 GLS450 36/15 - standard MF and 57%. Add 2% for 12K and 3% for 10K

    2016 GL450 36/15 - 55% and .00084. Same mileage adjustments.

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  • ixinvcoixinvco Member Posts: 16
    Michaell, MB web site now showing a May special lease deal for the GLS. Looks like a 36/10 with RV=60% and MF somewhere around .0016? Can you please confirm this? Thanks.
  • kyfdxkyfdx Moderator Posts: 236,789
    ixinvco said:

    Michaell, MB web site now showing a May special lease deal for the GLS. Looks like a 36/10 with RV=60% and MF somewhere around .0016? Can you please confirm this? Thanks.

    .00151 MF and 60% residual for 36/10

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  • ariel7ariel7 Member Posts: 22
    Any update to GLS 450 36/10 MF or residual? Any idea what typical discounting is right now? Also how much will 10 MSD's lower the MF?

    Thanks!
  • MichaellMichaell Moderator Posts: 241,012
    ariel7 said:

    Any update to GLS 450 36/10 MF or residual? Any idea what typical discounting is right now? Also how much will 10 MSD's lower the MF?

    Thanks!

    .00151 MF and 60% residual for 36/10.

    No information on MSD or discounting.

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  • sam1992sam1992 Member Posts: 9
    GLS 550 36/10 MF or residual? Any idea what typical discounting is right now? Also how much will 10 MSD's lower the MF?. Thank you
  • MichaellMichaell Moderator Posts: 241,012
    sam1992 said:

    GLS 550 36/10 MF or residual? Any idea what typical discounting is right now? Also how much will 10 MSD's lower the MF?. Thank you

    Standard MF and 57%.

    No pricing info - use the "make / model / year" pull downs at the top of the page to link to the price tools.

    Don't have MB MSD info.

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  • cfx9851cfx9851 Member Posts: 64
    Any update on June MF and Residual for 10 K miles and 36 month GLS 450 leasing
  • MichaellMichaell Moderator Posts: 241,012
    cfx9851 said:

    Any update on June MF and Residual for 10 K miles and 36 month GLS 450 leasing

    .00151 and 60%

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  • mf10mf10 Member Posts: 6
    Accidentally put this n the 2016 forum and meant to put in 2017 forum

    Looking for Money Factor and Residual for 36/12k and 36/10k for GL550 for June
  • MichaellMichaell Moderator Posts: 241,012
    mf10 said:

    Accidentally put this n the 2016 forum and meant to put in 2017 forum

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

    2017 GLS550 - standard MF and 56% / 57%

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  • mf10mf10 Member Posts: 6
    Is the standard still .0020 or is it .00151
  • MichaellMichaell Moderator Posts: 241,012
    mf10 said:

    Is the standard still .0020 or is it .00151

    Standard MF from MB is somewhere between .00200 and .00220

    The .00151 MF is for the 2016 GL550

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  • cfx9851cfx9851 Member Posts: 64
    Getting $4k off on msrp 77 k  for gls 450, 
    Is that good discount ? 
    Payment  monthly is 881 with 1200 down payment for cap cost reduction
  • MichaellMichaell Moderator Posts: 241,012
    cfx9851 said:

    Getting $4k off on msrp 77 k  for gls 450, 
    Is that good discount ? 
    Payment  monthly is 881 with 1200 down payment for cap cost reduction

    We don't track selling prices, sorry.

    What about the up front fees? You paying those up front as well?

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  • cfx9851cfx9851 Member Posts: 64
    Taxes , registraion, and other fees upfront
  • MichaellMichaell Moderator Posts: 241,012
    cfx9851 said:

    Taxes , registraion, and other fees upfront

    What lease term and how many miles are you getting.

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  • cfx9851cfx9851 Member Posts: 64
    36 months and 10 k miles
  • MichaellMichaell Moderator Posts: 241,012
    cfx9851 said:

    36 months and 10 k miles

    .00151 and 60%.

    If you are covering all the taxes and fees up front, then the $77K MSRP and $73K selling price result in a payment of $924/mo. With the $1200 cap reduction, the payment drops to $891/mo.

    Pretty close to your quote of $881/mo.

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  • kzevokzevo Member Posts: 53
    Hi, can you please provide the residual and mf for a 2017 GLS 450 4Matic for 10K/36months. Also for 30 months if available. Also any incentives available? I did not see anything listed for 2017 in Edmunds incentives/rebates section. thank you
  • MichaellMichaell Moderator Posts: 241,012
    kzevo said:

    Hi, can you please provide the residual and mf for a 2017 GLS 450 4Matic for 10K/36months. Also for 30 months if available. Also any incentives available? I did not see anything listed for 2017 in Edmunds incentives/rebates section. thank you

    .00151 and 62% (30/10) or 60% (36/10)

    No incentive information for MB.

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  • vink911vink911 Member Posts: 9
    Hi, Can you please provide residual and MF for a GLS550 for 36 Months/12K for July. Thank You.
  • MichaellMichaell Moderator Posts: 241,012
    vink911 said:

    Hi, Can you please provide residual and MF for a GLS550 for 36 Months/12K for July. Thank You.

    Standard MF (around .00200 - .00220) and 56%

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  • vink911vink911 Member Posts: 9
    Michaell said:

    vink911 said:

    Hi, Can you please provide residual and MF for a GLS550 for 36 Months/12K for July. Thank You.

    Standard MF (around .00200 - .00220) and 56%
    Thank you! Will get the 550 home today.
  • hannabhannab Member Posts: 26
    Hello
    For a 2017 GLS 450 I would appreciate knowing the July MF & residual for 12K 36month & longer i.e. 48 month lease if available
    Many thanks
  • MichaellMichaell Moderator Posts: 241,012
    hannab said:
    Hello For a 2017 GLS 450 I would appreciate knowing the July MF & residual for 12K 36month & longer i.e. 48 month lease if available Many thanks
    .00125 and 59% or 51%

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  • silverclkysilverclky Member Posts: 10
    Hi - any MF and residual for a 2017 GLS550 for 36 months and 7500 miles? Thank you!
  • kyfdxkyfdx Moderator Posts: 236,789

    Hi - any MF and residual for a 2017 GLS550 for 36 months and 7500 miles? Thank you!

    Standard MF and 58% residual

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  • jl1234jljl1234jl Member Posts: 3
    Michaell said:


    hannab said:

    Hello
    For a 2017 GLS 450 I would appreciate knowing the July MF & residual for 12K 36month & longer i.e. 48 month lease if available
    Many thanks

    .00125 and 59% or 51%

    I just received a quote from a dealer for the same 36/12k and I figured they quoted me MF = .00225 not .00125, did they make a mistake?

    This is the breakdown (so far)
    MSRP .....................................$80,245
    Selling price ................ $78,378 (they came up with this price, so haven't negotiated yet)
    Bank Fee ................................$1,095 (this needs to be $795 or less)
    Total Cap ................................$79,903
    Residual .................................$47,344.55
    DMV fees ...............................$613
    CA tire tax ..............................$8.75
    Total Drive off .........................$1,942.67
    Rate .......................................0.00225
    Miles Per Year .......................12,000
    Term ......................................36 months
    Base payment .......................$1,190.71
    Monthly sales tax ..................$101.21
    Total Monthly Payment .........$1,291.92
  • MichaellMichaell Moderator Posts: 241,012
    jl1234jl said:

    Michaell said:


    hannab said:

    Hello
    For a 2017 GLS 450 I would appreciate knowing the July MF & residual for 12K 36month & longer i.e. 48 month lease if available
    Many thanks

    .00125 and 59% or 51%
    I just received a quote from a dealer for the same 36/12k and I figured they quoted me MF = .00225 not .00125, did they make a mistake?

    This is the breakdown (so far)
    MSRP .....................................$80,245
    Selling price ................ $78,378 (they came up with this price, so haven't negotiated yet)
    Bank Fee ................................$1,095 (this needs to be $795 or less)
    Total Cap ................................$79,903
    Residual .................................$47,344.55
    DMV fees ...............................$613
    CA tire tax ..............................$8.75
    Total Drive off .........................$1,942.67
    Rate .......................................0.00225
    Miles Per Year .......................12,000
    Term ......................................36 months
    Base payment .......................$1,190.71
    Monthly sales tax ..................$101.21
    Total Monthly Payment .........$1,291.92

    A mistake?

    Hardly - they marked up the MF for extra profit.

    $795 is the base bank fee - cannot get it any lower than that.

    Using your prices, the marked up MF is costing you $127/mo (!!!)

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  • toddlerdadtoddlerdad Member Posts: 11
    Hello, can you please provide MF and residual for 2017 GLS450 4matic?

    Also, my dealer says they won't use the numbers I find here or "they will not make money." Are they allowed to do that?
  • MichaellMichaell Moderator Posts: 241,012

    Hello, can you please provide MF and residual for 2017 GLS450 4matic?

    Also, my dealer says they won't use the numbers I find here or "they will not make money." Are they allowed to do that?

    What lease term and how many miles per year.

    Dealer is free to mark up the MF.

    You are free to find a dealer who won't do that. Their profit - or lack thereof - isn't your concern.

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  • toddlerdadtoddlerdad Member Posts: 11
    36/7.5. Unless there is a better sweet spot.

    By the way, all the Herb Chambers dealers are colluding. They all quote low selling prices but marked up money factors. The others are more reasonable.
  • kyfdxkyfdx Moderator Posts: 236,789

    36/7.5. Unless there is a better sweet spot.

    By the way, all the Herb Chambers dealers are colluding. They all quote low selling prices but marked up money factors. The others are more reasonable.

    .00125 MF and 61% residual.

    They have to use that residual, but can mark up the money factor.
    If a dealer had said that to me, I'd just move on to another dealer.

    And, it's not collusion if they are all Herb Chambers dealerships. Collusion only happens when competitors get together to fix prices.

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  • toddlerdadtoddlerdad Member Posts: 11
    Thanks. Point taken. It's just that there are about 5-6 dealers around Boston, and three of them are Herb Chambers companies. The others aren't. All the Chambers ones say they can't do better (they mean they won't do better).

    Thanks for all the info. What would we do without it?
  • xerxes480xerxes480 Member Posts: 9
    MF and RV for 2017 GLS450, 36 months/15k miles. I'm in WA state. Thanks!
  • MichaellMichaell Moderator Posts: 241,012

    Thanks. Point taken. It's just that there are about 5-6 dealers around Boston, and three of them are Herb Chambers companies. The others aren't. All the Chambers ones say they can't do better (they mean they won't do better).

    Thanks for all the info. What would we do without it?

    Have you considered an MB dealer in RI or CT? Not that far of a drive, and it only takes one dealer to meet your numbers.

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  • MichaellMichaell Moderator Posts: 241,012
    xerxes480 said:

    MF and RV for 2017 GLS450, 36 months/15k miles. I'm in WA state. Thanks!

    .00125 and 57%

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  • kzevokzevo Member Posts: 53
    Hi please let me know the most recent MF and residual for a 2017 GLS 450 4Matic for 10k/36 months. Also if any incentives are available. Is there a better residual for this car if I look into 30 or 39 month lease?
  • MichaellMichaell Moderator Posts: 241,012
    kzevo said:

    Hi please let me know the most recent MF and residual for a 2017 GLS 450 4Matic for 10k/36 months. Also if any incentives are available. Is there a better residual for this car if I look into 30 or 39 month lease?

    .00125 and 60% for 36/10. Add 2% for 30 months. No 39 month program.

    No incentive information.

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  • kzevokzevo Member Posts: 53
    edited August 2016
    Hi, can you please provide program info for GLS450 4Matic10k, 36 months and 30 months. Also any incentives for August. Thanks in advance.
  • MichaellMichaell Moderator Posts: 241,012
    kzevo said:

    Hi, can you please provide program info for GLS450 4Matic10k, 36 months and 30 months. Also any incentives for August. Thanks in advance.

    No change from the July numbers.

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