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Mercedes Benz GL-Class Prices Paid and Buying Experience

433 messages,  Last post on Nov 23, 2009 at 4:24 PM

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What is this discussion about? Mercedes-Benz GL-Class, Car Leasing, Car Buying, SUV


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#227 of 433
Re: Lease ? on 2008 GL450 [lindaya] by djahnman
Aug 24, 2008 (6:35 am)
Reply

Replying to: lindaya (Jun 14, 2008 2:13 pm)

A bit of late reply but I had recent buying experience and had multiple quotes in the Los Angeles Area. Big difference in leasing 2008 versus 2009 GL 450
 
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.
#228 of 433
2008 GL450 clearance by dkla76
Aug 25, 2008 (11:19 am)
Reply
so heres the deal i got.
 
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.
#229 of 433
Re: 2008 GL450 clearance [dkla76] by fq1
Aug 25, 2008 (8:34 pm)
Reply

Replying to: dkla76 (Aug 25, 2008 11:19 am)

dkla:
 
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.
#230 of 433
Re: 2008 GL450 clearance [dkla76] by dmitra
Aug 26, 2008 (6:56 am)
Reply

Replying to: dkla76 (Aug 25, 2008 11:19 am)

Congratulations, and thanks for sharing this info. Excellent deal! Did you also get the 2.9% financing along with this? Also, did the dealer offer similar deals on the diesel (GL 320 CDI) model?
#231 of 433
Re: Lease on 2008 GL450 vs 2009 by bltmd
Aug 28, 2008 (5:34 pm)
Reply

Replying to: djahnman (Aug 24, 2008 6:35 am)

Went through the same process, but chose the '09 for the money factor and major improvements vs 08, especially value included in '09 packages. Bluetooth standard for 09, Premium II has keyless go, iPod integration, voice control. There's $2500. COMAND interface much improved, NAV maps are beautiful, amazing with iPhone, whacker is gone. Has HD radio. Got GL450 with Premium II, Appearance w/ 20" wheels (like 550) and running boards, rear seat DVD (which for '09 has player at back of front center console instead of under second seat, price $800 less), hitch, illuminated sills. MSRP $72,260, got for $750 over invoice on 3rd try, 36 month lease with money factor of .00105 Priced a comparable 08, but lease payments were essentially the same due to money factor at 3-4X higher offsetting much lower price. Think the '09 is better value with improvements. Drive with 20" wheels and COMAND sold me.
#232 of 433
Re: 2008 GL450 clearance [dkla76] by dksung
Aug 28, 2008 (7:51 pm)
Reply

Replying to: dkla76 (Aug 25, 2008 11:19 am)

Just bought an 08 GL450
 
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.
#233 of 433
Re: 2008 GL450 clearance [dksung] by fq1
Aug 28, 2008 (8:33 pm)
Reply

Replying to: dksung (Aug 28, 2008 7:51 pm)

Congratulations on a great deal. Were you eligible for employee discount or did they give you employee discount, since that appears to be an awesome deal. Which dealer were you able to get the deal from. Thanks for sharing the info and enjoy the car!
#234 of 433
Re: 2008 GL450 clearance [fq1] by matsanj
Aug 29, 2008 (6:08 pm)
Reply

Replying to: fq1 (Aug 25, 2008 8:34 pm)

Congrats this is an awesome deal. Can you please post the city and state where the deal was made. I also assume this is with a P1 package/ipod integration/19 inch wheels& running boards.
#235 of 433
Re: Lease ? on 2008 GL450 [djahnman] by jtfiore
Aug 31, 2008 (10:11 am)
Reply

Replying to: djahnman (Aug 24, 2008 6:35 am)

"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. "
 
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?
#236 of 433
Re: Lease ? on 2008 GL450 [jtfiore] by djahnman
Aug 31, 2008 (10:40 am)
Reply

Replying to: jtfiore (Aug 31, 2008 10:11 am)

For the 2009 GL 450 MSRP $66,110.
 
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.

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