Last post on Nov 23, 2013 at 6:58 AM
You are in the Mercedes-Benz GL Class
What is this discussion about?
Mercedes-Benz GL-Class, Car Leasing, Car Buying, SUV
#10 of 689 Re: GL leasing [chrangela]
Jun 15, 2006 (12:41 pm)
Yea, the Rearview Back-Up Camera isn't going to be available until July built vehicles. I would think that the vehicles should DEFINITELY be reduced for Mercedes-Benz' Winter Dream Event, which is sometime in November. Not sure if you want to wait that long.
Jun 20, 2006 (3:50 am)
Hello lopz. If you were to lease a 2007 Mercedes-Benz GL450 through Mercedes-Benz Credit Corp. right now for 24 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00355 and 70%. The numbers for an otherwise identical 36 month lease should be .00320 and 62%, respectively.
Prices Paid Forums
#12 of 689 Re: GL leasing [Car_man]
Jun 26, 2006 (9:23 am)
Thanks. I guess I'll wait for a better deal.
#13 of 689 Better Deal
Sep 14, 2006 (6:43 am)
Better deal is here. 2007 GL450
Buy at Invoice, 36 month MF and resid are .00309 and 54% Also, I saw a question about R Class.... There is a TON of money back from mercedes on those right now. More than $5000 worth of incentives.
#14 of 689 Re: Better Deal [drlease]
Sep 22, 2006 (10:52 pm)
Do you happen to know how the GL has been selling lately, and if MB might be planning a promo on it in November at their Dream sale? The MF isn't all that great, and the RV seems low for 36 mos. MB doesn't seem to be very aggressive on any of their MFs.
#15 of 689 Re: Better Deal [billmv]
Oct 05, 2006 (6:09 am)
upstate leasing is running a special on it now. a gl450 with premium package, sunroof package, and rear seat entertaiment. msrp $65025 lease for only $899 a month with $3000 total due at signing including ny sales tax (8%) and all fees. email me for more info. happy to help out a fellow shopper.
#16 of 689 New Lease deals
Nov 24, 2006 (1:23 pm)
can you help me with the details on Mercedes new lease deal on GL? residual and money factor as well as cap costs?
#17 of 689 Lease trade-in help needed
Dec 01, 2006 (11:45 am)
My Volvo XC90 is leased until 5/08 but I need a bigger car and would like the GL. The local MB dealer said they would look into using the Volvo as a trade-in. What does this mean? I can't find any info about this on the leasing sites. The only reason we're leasing now is because we were only expecting to live in the USA for a brief period. Our plans changed so I would consider buying, although I do like driving newer cars. Anyway, am I stuck with the Volvo or is there a way to get another car without the dealer tacking on the lease payments from the Volvo onto the new car? Any info would be great.
#18 of 689 Re: Lease trade-in help needed [njmum]
Dec 12, 2006 (9:51 pm)
Wow...pretty slow board out here...
njmum, the Volvo trade in basically means the cap cost would be reduced by the value of your trade in that they give you. Let's say you negotiate the "cost/price" of the GL450 you want to lease is 65K. Let's say the residual after 36 months is 54%, therefore the value at the end of the lease is $35,100 (54% times the 65K). Your monthly payment, if you had no trade in, would be based on your usage of the car (deprecation) of $29,900 plus the money factor (interest rate) charged on the 65K value of the car. If your trade was worth say $10K for the Volvo, the cap cost would be reduced by that amount, so your monthly payment for the depreciation portion would be based on 19,900 plus the money factor portion. Also you would have generally have sales taxes built into your monthly payment as well although I believe some states require sales taxes paid on the whole vehicle up front. I'm no leasing expert but I do know states vary on how that's handled. Hope this helps...
#19 of 689 Re: New Lease deals [jakpenn]
Dec 21, 2006 (2:57 pm)
according to the following website: http://www.mbworld.org/forums/showthread.php?t=173261
these are numbers that I found (for Dec. 2006):
24 mo/15k mi – Residual Value 67% of MSRP – .00245 Base Money Factor Rate
36 mo/15k mi – Residual Value 59% of MSRP – .00245 Base Money Factor Rate
48 mo/15k mi – Residual Value 53% of MSRP – .00245 Base Money Factor Rate
60 mo/15k mi – Residual Value 42% of MSRP – .00370 Base Money Factor Rate
MB is running their Winter Event now (thru 1/2) and in the small print of the GL ad it seems to say that the dealer contribution is about $2K.
Good luck--I am looking into the GL as well, and will post any numbers I get.