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2017 Mercedes Benz GLS Class Lease Deals and Prices

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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Comments
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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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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
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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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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Thanks!
No information on MSD or discounting.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Looking for Money Factor and Residual for 36/12k and 36/10k for GL550 for June
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
The .00151 MF is for the 2016 GL550
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Is that good discount ?
Payment monthly is 881 with 1200 down payment for cap cost reduction
What about the up front fees? You paying those up front as well?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
No incentive information for MB.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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
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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
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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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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?
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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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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.
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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Thanks for all the info. What would we do without it?
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No incentive information.
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