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Mercedes Benz GLK-Class Lease Questions

69 messages,  Last post on Dec 04, 2009 at 1:42 PM

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

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


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#16 of 69
Re: March lease programs [archmod] by Car_man HOST
Mar 12, 2009 (2:22 am)
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Replying to: archmod (Mar 02, 2009 10:58 pm)

Hi archmod. Here's the information that you are looking for. Mercedes-Benz Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2010 GLK350 with 15,000 miles per year are .00197 and 51%, respectively.
 
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Prices Paid: Buying & Leasing Experiences Forum
#17 of 69
by b4z
Mar 15, 2009 (7:10 am)
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Both audi and mb are charging a lease turn in fee of around $500. I've never seen this before with the Gm vehicles i have leased.
#18 of 69
Re: GLK Lease Offer [trent_08] by larry124
Mar 16, 2009 (7:38 am)
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Replying to: trent_08 (Mar 10, 2009 12:59 pm)

hi,
 
could you please tell me which dealer and sales rep you dealt with - i am also in nj (northern) but your deal seems good ...
 
would greatly appreciate it
 
thanks
 
you can email me at
 
funnyguynot444aol.com
#19 of 69
Re: GLK Lease Offer [trent_08] by spenser99
Mar 16, 2009 (11:24 am)
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Replying to: trent_08 (Mar 10, 2009 12:59 pm)

I just leased same car (silver) 2 weeks ago in So Cal with 20" chrome wheels & Ipod integration , 10k miles for $41,653; $583/mo $2500 drive off. Based on my experience I think you have a good deal since I could not get 2 dealers to go any lower.
#20 of 69
Re: [b4z] by Car_man HOST
Mar 17, 2009 (2:12 am)
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Replying to: b4z (Mar 15, 2009 7:10 am)

Hey b4z. While disposition fees certainly are annoying, most luxury manufacturers charge them now. If one stays in the family and leases another vehicle from the same captive finance company they usually waive the dispo fee.
 
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Prices Paid: Buying & Leasing Experiences Forum
#21 of 69
Re: March lease programs [Car_man] by bk2010
Apr 03, 2009 (9:03 am)
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Replying to: Car_man (Mar 12, 2009 2:22 am)

Do you know the current money factor and residual value for a 36 month lease of a 2010 GLK350 4MATIC with 12,000 and 15,000 miles per year?
#22 of 69
Re: March lease programs [bk2010] by Car_man HOST
Apr 08, 2009 (2:41 am)
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Replying to: bk2010 (Apr 03, 2009 9:03 am)

I sure do, bk2010. Mercedes-Benz Financial's April buy rate lease money factor and residual value for a 36 month lease of a 2010 GLK450 4Matic with 15,000 miles per year are .00230 and 51%, respectively. The money factor for an otherwise identical lease with only 12,000 miles per year would be the same, but the residual value would be 2% higher.
 
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Prices Paid: Buying & Leasing Experiences Forum
#23 of 69
Re: GLK Lease Offer [spenser99] by sbe
Apr 09, 2009 (7:44 am)
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Replying to: spenser99 (Mar 16, 2009 11:24 am)

Hi Spenser99,
 
I also live in SoCal. Could you give a breakout of your lease deal? Money factor? What dealers did you go to?
 
thanks
#24 of 69
Re: March lease programs [Car_man] by sbe
Apr 09, 2009 (9:35 am)
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Replying to: Car_man (Apr 08, 2009 2:41 am)

thanks Carman. question about the money factors: why is MB so expensive relative to Audi? The money factor of .0023 x 2,400 = 5.52% APR for the GLK, while Audi is quoting .00022 x 2,400 = 0.528% APR for the Q5. That is a huge difference and I wonder why MB would be so uncompetitive in the financing front. Any thoughts? any chance they'll become more competitive? thanks.
#25 of 69
Re: GLK Lease Offer [sbe] by spenser99
Apr 12, 2009 (11:48 pm)
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Replying to: sbe (Apr 09, 2009 7:44 am)

MF was .00197. Added Premium One, Multimedia, Appearance, heated seats, 20" chrome wheels. Lease was 583.78/mo 39 mos, but with new sales tax increased to 589 w/10K miles/yr. $2500 drive off. Cost $41563, $24842 Residual. Finally went with Fletcher Jones when House of Imports balked at including chrome wheels (they wanted to charge dealer cost $400?). 6 weeks later I still love this SUV, drives great, good mileage, no problems yet. Brakes took a little getting used - much softer than my CLK 55.

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