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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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#42 of 69
Re: July GLK MF and residuals [sw286] by Car_man HOST
Jul 21, 2009 (2:35 am)
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Replying to: sw286 (Jul 10, 2009 1:15 am)

Hey sw286. This truck's monthly payment will depend upon its selling price. For now I will assume that you are able to negotiate a $2,000 dealer discount. According to my calculations, if you were to lease a 2010 GLK350 AWD that has an MSRP of $43,000 and a selling price of $41,000 through Mercedes-Benz Finance right now for 36 months with 10,000 miles per year, your zero down, pre-tax monthly payment should be around $653.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#43 of 69
GLK 350 4Matic Lease by btedstrom
Jul 27, 2009 (6:04 pm)
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Working deal here in Seattle to trade an '06 ML 500 that I leased thru MB Finance on a new GLK 4Matic, and came across a few bumps with the dealer. I figured MSRP and took 7% off to come to Invoice. I offered to go $500 over invoice, and was ready to make the deal, then the adds started coming:
 
•MB Advertising $600
•Prep - $200'ish
•Detail - $160
•Lease Acquisition Fee - $1,095
 
I'm feeling nickled and dimed. Are these reasonable charges? Thoughts/Advice?
#44 of 69
Re: July GLK MF and residuals [Car_man] by Piaya20
Jul 31, 2009 (5:06 pm)
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Replying to: Car_man (Jul 07, 2009 3:23 am)

Hi Car_man,
 
Do you also have any info on the current money factor and residual value for a 36 month lease of a 2010 GLK350 4MATIC with 15,000 miles per year ? Thanks!
#45 of 69
August Programs by btedstrom
Aug 01, 2009 (6:56 am)
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Any updated / new programs for an August lease on a GLK 350?
#46 of 69
Lease Questions by tk123456789
Aug 03, 2009 (5:51 am)
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Hello, I have been following this discussion thread and I had a few questions about my potential deal on a 2010 GLK 350 4Matic. Dealership is in NYC.
Here are the vehicle options:
413 Panorama Sunroof
322 Appearance Pkg
319 Lighting Pkg
846 Running Boards
 
Total MSRP including Destination fee of $875 is $40825. Invoice is $38028. Selling price is $36450. So I only got $1578 below Invoice and $4375 off of MSRP.
 
Is that a good deal?
 
Also, my lease was coming out to be around $575 with no money down at all.
I don't know about Money Factor numbers or percentages on this deal. I got that lease payment quote back in July, and I had to special order this vehicle from Germany because it was not possible to locate. Are there better rates for August on leasing?
 
My main question is: do I really have to pay advertising fees, bank aquisition fees, dealer prep fees, etc. Or are these things that the dealer will try to stick me with because I got a good deal on the selling price of the vehicle?
 
Any help greatly appreciated!
 
Thanks
#47 of 69
Is this a good deal? by crestonave
Aug 03, 2009 (6:24 am)
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Question: does the 575 include tax?
 
Comment: I would question the dealer prep fee. How could they deliver a car to you without "prepping" it? What does "prep" mean exactly? If they don't prep it, will they deliver the car to you exactly as it comes off the truck? Dirty, wrapped in plastic, etc?
I find it hard to believe a premium brand like Mercedes which claims to treat it's customers top shelf would charge to prep a car.
#48 of 69
Re: Is this a good deal? [crestonave] by tk123456789
Aug 03, 2009 (6:45 am)
Reply

Replying to: crestonave (Aug 03, 2009 6:24 am)

Hi crestonave, yes the $575 included the tax. So your saying I should tell them to shove the prep fee, but I have to pay everything else, right? Or can I tell them that I am not willing to pay any other charges like advertising fees?
 
What do you think about the deal in general?
 
Thanks for the quick reply!
 
Tom
#49 of 69
Re: July GLK MF and residuals [Piaya20] by Car_man HOST
Aug 10, 2009 (2:52 am)
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Replying to: Piaya20 (Jul 31, 2009 5:06 pm)

I sure do, Piaya20. Here you go. Mercedes-Benz Financial's current buy rate lease money factor and residual value for a 36 month lease of a 2010 GLK350 4Matic with 15,000 miles per year are .00247 and 51%, respectively.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#50 of 69
Is this a good deal? by doheny1
Aug 10, 2009 (11:58 am)
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I was quoted the following from a dealer. Is it a good deal? I am referring specifically to the lease figures. It is a 24 month lease. Do you think I can get it lower?
 
GLK 350 RWD Black exterior, black leatherette interior, panoramic sunroof.
 
MSRP 36,255
Sale Price: 32,250
 
Lease figures: 24 month lease, 7,000 due at signing, 469 per month, 10,000 miles per year.
 
Thanks for your help.
#51 of 69
Re: Is this a good deal? [doheny1] by vchad
Aug 10, 2009 (8:38 pm)
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Replying to: doheny1 (Aug 10, 2009 11:58 am)

PLEASE do not buy the car at that price. Putting 7k down is crazy on that lease, thats a terrible deal. id never put anything more than upfront fee's.
 
If you look on above posts, you should be in high 400's and low 500's with barely 1k out of pocket. Do not ever put that kind of money down on a lease.

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