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Mercedes Benz GL-Class Lease Questions

619 messages,  Last post on May 14, 2013 at 6:25 AM

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

Messages Page 62 of 62

#610 of 619 Lease Rate-March 2013 GL by psmd

Mar 01, 2013 (6:04 pm)

Carman- Can you please post the March Lease rate (Money factor and Residual Value) on
the GL 450 and 350 Diesel
With 3 yr and 12K miles and 4yr and 12 k miles?
Thanks in advance

#611 of 619 Re: 2013 GL350 Diesel [domain123] by Car_man HOST

Mar 16, 2013 (1:47 pm)

Replying to: domain123 (Feb 23, 2013 5:08 pm)
Certainly domain123. Mercedes-Benz Financial's March buy rate lease money factor and residual value for a 36-month lease of a 2013 GL350 Diesel with 15,000 miles per year are .00205 and 60% for consumers who qualify for its top credit tier.
 
Car_man
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#612 of 619 Re: Lease Rate-March 2013 GL [psmd] by Car_man HOST

Mar 16, 2013 (1:49 pm)

Replying to: psmd (Mar 01, 2013 6:04 pm)
Here's the information that you're looking for psmd. Mercedes-Benz Financial's March buy rate lease money factor and residual value for a 36-month lease of a 2013 GL450 with 12,000 miles per year are .00205 and 63% for consumers who qualify for its Tier 1 credit tier.
 
The numbers for an otherwise identical 48-month lease are .00205 and 54%.
 
The numbers for the 2013 GL350 Diesel are .00205 / 62% and .00205 / 54%.
 
Car_man
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#613 of 619 Re: Lease Rate-March 2013 GL [Car_man] by marc68

Apr 23, 2013 (10:32 am)

Replying to: Car_man (Mar 16, 2013 1:49 pm)
Car Man,
 
Do you know what MB's money factor is for a pre paid 36 month lease on a GL450?
 
Thanks

#614 of 619 April Lease Rates for 2013 GL550 by gmfcolorado

Apr 24, 2013 (2:46 pm)

Car Man,
 
I am picking up / leasing a new GL550 that is scheduled to be delivered to the dealer in the next few days and was wondering if you could provide me with updated April money factors and residuals for a 36-month lease with 15,000 miles per year. Does MB offer a higher mile option?
 
Also, do you know if the current MB Loyalty program will buy out the final 5 months on my current lease? I have received conflicting information on that.
 
Thanks for your help,

#615 of 619 Re: Lease Rate-March 2013 GL [marc68] by Car_man HOST

Apr 28, 2013 (3:39 pm)

Replying to: marc68 (Apr 23, 2013 10:32 am)
Hi marc68. Mercedes-Benz Financial's April buy rate lease money factor and residual value for a 36-month lease of a 2013 GL450 with 15,000 miles per year are .00205 and 61% for Tier 1 customers. The last time I looked into pre-paid leases through MB Finance (which admittedly was not recently) the money factor reduction was .00110.
 
Car_man
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#616 of 619 Re: April Lease Rates for 2013 GL550 [gmfcolorado] by Car_man HOST

Apr 28, 2013 (3:44 pm)

Replying to: gmfcolorado (Apr 24, 2013 2:46 pm)
Hi gmfcolorado. Mercedes-Benz is not currently providing any lease support on the 2013 GL550. As a result, it you were to lease one through Mercedes-Benz Financial you would have to use its standard lease money factor. That factor varies by credit tier, but to give you an idea of what it would be like, it's .00205 for Tier 1 customers.
 
The residual value for a 36-month, 15,000 mile per year lease of a '13 GL550 is 56%.
 
15,000 miles per year is the highest mileage allowance that I have seen residual values for when leasing through Mercedes-Benz Financial. If you need to drive more than that, you may have to purchase additional miles on a per-mile basis. It is usually less expensive to to so at lease signing than it is to wait until lease-end and have to pay an excess mileage penalty.
 
I think that Mercedes will only waive three remaining payments for consumers leasing a new GL. The higher 5 month waiver is only available on select models.
 
Car_man
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#617 of 619 Re: April Lease Rates for 2013 GL550 [Car_man] by ginlei

May 01, 2013 (11:22 pm)

Replying to: Car_man (Apr 28, 2013 3:44 pm)
Hi car man,
 
Do you have May 2013 rates and resid for both GL 450 and 550's?
 
And do you know if the number of payment credits for early lease termination have changed at all this month?

#618 of 619 Re: April Lease Rates for 2013 GL550 [ginlei] by Car_man HOST

May 13, 2013 (4:11 pm)

Replying to: ginlei (May 01, 2013 11:22 pm)
Hello ginlei. Mercedes still is not providing any lease support on the 2013 GL.
 
Its current residual value for a 36-month lease of a 2013 GL450 with 15,000 miles per year is 61%.
 
The residual value for an otherwise identical lease of a 2013 GL550 is 56%.
 
Mercedes' standard money factors vary by credit tier and perhaps by region. They would probably be around .00205 for Tier 1 customers.
 
Car_man
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#619 of 619 Re: Lease Rate-March 2013 GL [Car_man] by marc68

May 14, 2013 (6:25 am)

Replying to: Car_man (Apr 28, 2013 3:39 pm)
CarMan
 
Thanks for the response. So I guess the standard money factor for a 36 month prepaid lease on a 2013 GL450 would be .00095 That would be more than 50% less than the standard rate of .00205. Is that correct?
Also, the standard monthly rate of .00205 I assume is a dealer markup from the base rate.
What is the base dealer rate on a 36 month lease for a GL?
Thanks for your help!!
Marc68

Messages Page 62 of 62

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