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Mercedes Benz GL-Class Lease Questions

118 messages,  Last post on Nov 23, 2009 at 2:50 PM

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

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#112 of 118 GL450 Lease Question by bjordan1 Nov 09, 2009 (6:10 am)
Looking to lease a new GL450. Premium 1 package, appearance package, and towing accessories. MSRP = 67725. 36 or 39 mo's, 12k/yr.   What would be a good monthly number - is it possible to get better terms than what's being offered through their sales event? Replies to this message: bjordan1 (Nov 10, 2009 10:17 am) wlrdlr (Nov 11, 2009 1:15 pm)
#113 of 118 Re: GL450 Lease Question [bjordan1] by bjordan1 Nov 10, 2009 (10:17 am)
Replying to: bjordan1 (Nov 09, 2009 6:10 am) Is this good, bad or avg:   MSRP 70225 6200 drive off (includes first payment) 840/mo including tax (7% tax)   3 yrs 36k Replies to this message: wlrdlr (Nov 11, 2009 1:15 pm)
#114 of 118 Re: GL450 Lease Question [bjordan1] by wlrdlr Nov 11, 2009 (1:15 pm)
Replying to: bjordan1 (Nov 10, 2009 10:17 am) I'd say its between average and good.   I do think the most you'd still be able to squeeze out of the dealer another $50-$60 per month (excl. tax) but even if you don't get that much you're still in good shape
#115 of 118 Signed for GL but it wasn't on the lot by meadows6 Nov 18, 2009 (12:01 pm)
We drove 2 hours to a dealership on Sunday and when we got there he said he thought the car was on the lot but it's actually in transit (on a truck) and should get here Tuesday or Wednesday. Well, still no word on arrival. We have already signed the paperwork and were given a loaner car, but I'm starting to get impatient. We are paying for the GL and we want it. Has anyone else experienced anything like this with a dealership?
#116 of 118 Re: IS THIS A GOOD DEAL?? more info [oyvey247] by Car_man HOST Nov 19, 2009 (3:20 am)
Replying to: oyvey247 (Nov 07, 2009 8:54 am) Hi oyvey247. Good job at negotiating. $749 per month is certainly a lot better than $829 or whatever you were originally quoted. The one thing that bothers me about this deal is the huge chunk of money that is due at lease signing. In the unfortunate event that your truck was totaled in an accident or stolen and never recovered, there is a very good chance that part or all of the nearly $7,000 that you paid at signing will vanish. Needless to say that would be annoying. I always advise consumers to put as little money down as possible when leasing. Even though it would mean that your monthly payment would increase, that would be the safer thing for you to do.   As far as how good a deal this offer is, as I mentioned earlier it is obviously a lot better than what the dealer was initially offering you. I would be happy to give you a more detailed evaluation of your deal if you provide me with this truck's MSRP and selling price. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number, it is difficult for me to telll how large a dealer discount you are being given, and in turn if there is any meat left on the bone so to speak so close to Thanksgiving .   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: oyvey247 (Nov 19, 2009 6:55 am)
#117 of 118 Re: IS THIS A GOOD DEAL?? more info [Car_man] by oyvey247 Nov 19, 2009 (6:55 am)
Replying to: Car_man (Nov 19, 2009 3:20 am) Hi Car man - Thanks for the response - The MSRP (including $875 for destination and delivery) is $66,595 but that price does include the aftermarket DVD entertainment system the dealer is putting in for me (and residualizing as well)(I need the DVD screens put into the back of the headrests so that my little girl can see the screens from the 3rd row - where she sits b/c she drives her brothers crazy!!). The actual DVD price was not listed on their quote, but they said they would do it included in the $749/mth.   As for the $6800 down, if something happened to the truck, wouldn't my insurance cover that? We want a low lease number per month b/c we already just bought a MB350 with no $ down and that payment is $900/month!   Also, do you know anything about the 2007,2008 GL's catching fire? I read a few things online and am not too keen on the Truck burning my house down - dealer knows nothing about it - Have they fixed this problem for the 2010??   My current lease (MDX) is good til Oct 2010 but I can turn it in anytime - I am in no rush, just need a good deal. Was originally going to buy the Sequoia but their lease is $850 month! yikes!   Thanks for all your help! Happy Turkey Day!!
#118 of 118 Lease terms for Mercedes GL 450 by shoefly2 Nov 23, 2009 (2:50 pm)
CarMan - I am looking at leasing a 2010 MB GL 450 - 12K miles - $5K down - P1 package   What Money Factor should I look for ? Is .00124 the magic number? What Residual should I expect ? 55% ? What type of discount should I look for from MSRP? I heard that the dealers have roughly 12% to play with ?   Have you heard positives or negatives on the web guys like Vehix or Fleetrate?   Thanks for your help !

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