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Mercedes Benz GL-Class Lease Questions

621 messages,  Last post on May 24, 2013 at 6:36 PM

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

Messages Page 45 of 63

#432 of 621 Re: Jan 2012 GL 450 [lan_rover] by Car_man HOST

Jan 11, 2012 (5:51 pm)

Replying to: lan_rover (Jan 05, 2012 1:51 am)
Hi lan_rover. I don't believe that Mercedes is currently providing any lease support on the GL 350 or GL 550, just the 450. As a result, if you were to lease either of these trucks through Mercedes-Benz Financial right now, you would have to use its standard lease program. The last time I checked, MB Finance's standard buy rate lease money factor was .00225 for consumers who qualify for its Tier 1 credit tier, but this may vary by region.
 
The residual values for these trucks are as follows:
 
'12 GL 350: 67% for 24 months, 62% for 30 months, and 58% for 36 months.
 
The numbers for the GL 550 are 63%, 57%, and 52%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#433 of 621 Re: Jan 2012 GL 450 [gunss] by Car_man HOST

Jan 11, 2012 (5:51 pm)

Replying to: gunss (Jan 05, 2012 11:11 am)
What you heard about the conquest cash is correct gunss.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#434 of 621 Re: Residual Value and Money Factor for GL 450 [btrent] by Car_man HOST

Jan 11, 2012 (5:54 pm)

Replying to: btrent (Jan 10, 2012 12:56 pm)
Hi btrent. Mercedes-Benz Finance's January buy rate lease money factor and residual value for a 36-month lease of a 2012 GL 450 with 12,000 miles per year are .00131 and 57%, respectively for consumers who qualify for its top credit tier.
 
The numbers for an otherwise identical 48 month lease are .00131 and 49%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#435 of 621 Re: Jan 2012 GL 450 [lan_rover] by dewarsandsoda

Jan 12, 2012 (11:38 am)

Replying to: lan_rover (Jan 11, 2012 12:08 pm)
Hi lan_rover,
I can't address all your follow-on questions, but my two rupees are delineated below.
- The RV and MF (and MSD if applied) are identical for a truck in inventory vs. special order as these variables solely depend on the vehicle, lease term, and mileage. There is likely one caveat. The values of MF and RV may change month to month, so its plausible that if you special order a GL today and it arrives in March, your monthly lease would be calculated on the March values for RV and MF. I think you would have to discuss with your dealer.
- I suspect that its better to take a truck out of inventory as the dealer would likely have more room to negotiate on sales price vs. one that is special ordered or sourced from another dealer. We have been fortunate to have a good rapport with our MB dealer, so while we haven't special ordered, we have specified the cars with options of interest which are typically models that would likely sell if we didn't purchase/lease.
 
Perhaps an option to contemplate is the European delivery program although I'm not sure if applies to lease. While the sales price discount is fixed, and you likely won't get the best financial deal vs. taking a car from inventory, you do get exactly what you want along with a memorable trip through Europe. You should consult with your dealer.
 
I hope this helps. And, as an aside, I'm a Haas b-school alum
 
Cheers!

#436 of 621 Lease 2011 GL 450 by btrent

Jan 13, 2012 (7:28 pm)

Does anyone have any idea what the money factor and residual value are for 2011 GL 450 for 27 months and 12,000 miles per year?
 
MB dealership near me just got several 2011 450s.

#437 of 621 Re: Lease 2011 GL 450 [btrent] by Car_man HOST

Jan 17, 2012 (5:18 pm)

Replying to: btrent (Jan 13, 2012 7:28 pm)
Hi btrent. How did the dealership near you just get new 2011 GLs? Did they swap for them? Mercedes certainly isn't making 2011 models any longer.
 
Mercedes-Benz is not providing lease support on 2011 models any longer. As a result, if you really want to lease I suspect that you would be better off going with a 2012 model.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#438 of 621 Re: Jan 2012 GL 450 [dewarsandsoda] by lan_rover

Jan 27, 2012 (3:23 pm)

Replying to: dewarsandsoda (Jan 12, 2012 11:38 am)
dewars - Thanks for all your help. Now to find the right vehicle and negotiate! Don't know if it will happen this month, but dealers seems to be very anxious the last few days. We will see if they come up with something good.
 
BTW, Haas is great. I'm W and CFA.

#439 of 621 Re: Lease 2011 GL 450 [Car_man] by lan_rover

Feb 03, 2012 (9:35 am)

Replying to: Car_man (Jan 17, 2012 5:18 pm)
Car man, Do you have the february lease numbers for a GL350 and GL450? Need 24, 33, 36 month/12k miles MF and Residual? Are there any discount programs available (ie USAA , Amex, etc) that I should look at? Do you know the MSD and "one-payment" discounts?
 
Thanks

#440 of 621 Re: Lease 2011 GL 450 [lan_rover] by Car_man HOST

Feb 04, 2012 (1:57 pm)

Replying to: lan_rover (Feb 03, 2012 9:35 am)
I certainly do lan_rover. Mercedes-Benz Financial's February buy rate lease money factor and residual value for a 24-month lease of a 2012 GL 450 with 12,000 miles per year are .00131 and 70%, respectively for consumers who qualify for its top credit tier.
 
The numbers for an otherwise identical 33-month lease would be .00131 and 61%.
 
The 36-month numbers would be .00131 and 57%.
 
Mercedes-Benz is not currently providing any lease support on the GL 350, so if you were to lease one through MB Finance you would have to use its standard lease money factors. Its 12,000 mile per year residual values would be 69%, 64%, and 60%.
 
Mercedes is currently providing a $2,000 conquest cash incentive on this truck to current owners of select luxury vehicles.
 
The last time that I checked, MB Financial's MSD discount was .00007 per deposit and its pre-paid lease reduction was .00110, but I haven't looked into them in a while.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#441 of 621 Re: Lease 2011 GL 450 [Car_man] by ahashmi

Feb 08, 2012 (7:26 am)

Replying to: Car_man (Feb 04, 2012 1:57 pm)
Hi Car_man,
 
Thanks for all your help here. I had a quick question, what was the RV for 10k mi/yr? I assume 71%?

Messages Page 45 of 63

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