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Mercedes Benz GL-Class Lease Questions

74 messages,  Last post on Jun 03, 2008 at 2:31 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#36 of 74
Re: WAIT BEFORE YOU LEASE YOUR NEXT MERC [bmwcrzr] by dashbb
Jul 27, 2007 (8:50 pm)
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Replying to: bmwcrzr (Jul 10, 2007 3:44 pm)

Fast forward, July 27...could anyone share the new rates?
#37 of 74
October Money Factors by caligirl5
Oct 06, 2007 (12:25 pm)
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Can someone post the current October money factor for a GL450 with Premium 1 package and dual screen RES for 3 years/12K miles/yr. and 33 months/12K miles per year.
Thanks!
#38 of 74
current leasing #'s gl450 by c21bryan1
Dec 13, 2007 (7:01 pm)
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Host, do you know what the current mf & residuals are for the "winter dream event" (33 month lease,looks like 10k miles a year for $699), 24 month & 36 month, 15k miles a year programs. thanks. also any guidence on how close to or below invoice a good deal would be on a moderately equiped gl450 in california (la area)?
#39 of 74
Re: current leasing #'s gl450 [c21bryan1] by caligirl5
Dec 13, 2007 (7:35 pm)
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Replying to: c21bryan1 (Dec 13, 2007 7:01 pm)

c21bryan1,
 
Try contacting the internet department of Downtown LA Motors. I've had quotes from dealers in So. CA and they have provided the lowest quotes and the most complete infomation in a timely manner.
#40 of 74
leasing 2007 model...any information? by aleksisa
Feb 17, 2008 (10:45 am)
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Greetings all,
could you provide information on leasing factors for 2007 GL's (residuals, money factors etc etc)?
Are there any "presidents day" sales going on?
Thank you in advance,
Greg
#41 of 74
Re: leasing 2007 model...any information? [aleksisa] by ocautoseeker
Feb 18, 2008 (5:23 pm)
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Replying to: aleksisa (Feb 17, 2008 10:45 am)

2008 Mercedes GL450
24 Month: Resid 64% of MSRP – .00155
36 Month: Resid 56% of MSRP – .00175
48 Month: Resid 45% of MSRP – .00175
60 Month: Resid 39% of MSRP – .00330
#42 of 74
Fees? by heffneil
Feb 20, 2008 (6:38 pm)
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My lease proposal is in for the GL450 and there are some fees I hope people can let me know if they are written in stone (are any of them written in stone)
 
Doc Fee $599
 
Rental Surcharge $60.00
 
Tax on Doc $35.94
 
MBCC Lease Acc Fee $1095
 
The fees above to me seem bogus. Some of the others are smaller (all under $50 or so) but these are the most substantial and seem super high to me. Any thoughts?
 
Thanks,
 
Neil
#43 of 74
Re: Fees? [heffneil] by ocautoseeker
Feb 21, 2008 (3:00 am)
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Replying to: heffneil (Feb 20, 2008 6:38 pm)

heffneil,
 
The lease acquisition fee should be $795 - looks like they marked it up $300- pay no more than the published $795.
 
A $599 Doc fee is ridiculous!! Here in California, dealers are capped at $55 for the doc fee. I'd advise shopping more dealers so that your dealer has some competition.
 
What are they capping the cost at on your vehicle? How much over or under invoice? What state or zip code are you in so I can check your lease incentives?
#44 of 74
Re: Fees? [ocautoseeker] by heffneil
Feb 21, 2008 (7:57 am)
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Replying to: ocautoseeker (Feb 21, 2008 3:00 am)

He quoted me a price that was $400 above his "true invoice" I asked for $400 below that to get the invoice price I saw on edmunds and cars direct. The MF is .00155 and residual he quoted was 63% after 33 months with 10,000 miles. I bumped it up to 15k miles.
 
Originally I wanted the 550 but the MF was SO bad on it I couldn't see spending almost $500 a month more for practically the same vehicle (comparably equipped) with just a little smaller of an engine and a 0 to 60 time of .2 seconds less.
 
Thanks for the help and I do believe this guy is trying to pull one over on me now.
 
He is telling me "The bank fee is added to the cap instead of collecting it up front."
 
Which is odd since I thought the Cap Cost was what we agreed upon 400 below his "true invoice"
 
Thanks!
 
Neil
#45 of 74
Re: Fees? [heffneil] by ocautoseeker
Feb 21, 2008 (7:39 pm)
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Replying to: heffneil (Feb 21, 2008 7:57 am)

The bank fee/acquisition fee can be either paid upfront in your drive offs or capped into the lease. Many dealers WILL structure the lease with the bank fee rolled in, but you can and should pay it upfront.
 
The invoices from Edmunds, KBB and CD won't match because of a regional advertising fee. It's legit as it's itemized on the invoice from the factory.
 
The mf and residual you were quoted are both correct.
 
Basically, pay them only the $795 bank fee, and get them to shave down that horrendous doc fee!! Makes me sick to see dealers charging that kind of money to "process paperwork."

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