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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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#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
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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.
#52 of 69
Re: Is this a good deal? [vchad] by doheny1
Aug 10, 2009 (9:59 pm)
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Replying to: vchad (Aug 10, 2009 8:38 pm)

Wow, thanks for your reply. So for a 24 month lease a $1,000 down at signing and about $470 a month is reasonable?
#53 of 69
24 month lease by doheny1
Aug 11, 2009 (6:44 pm)
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Car_man Or anyone else that knows:
 
What can I expect to pay for a GLK 350 on a 24 month lease with black interior, black exterior, and panoramic sunroof? If I put about 1,000 down what would be a reasonable monthly payment? For some reason the dealers don't seem to be willing to go below 750 or 800 a month with 1,000 down? Isn't that way too much? Please help.
#54 of 69
Re: 24 month lease [doheny1] by Car_man HOST
Aug 28, 2009 (2:30 am)
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Replying to: doheny1 (Aug 11, 2009 6:44 pm)

Hi doheny1. I would be happy to work up a lease payment on this truck for you using Mercedes' actual lease program. However, in order for me to do so, I need you to provide me with ideally this truck's MSRP and approximate selling price...or at least just the MSRP. Let me know and I'll crunch some numbers.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#55 of 69
Base MSRP Difference by polyslo
Aug 31, 2009 (9:07 am)
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I was looking at the 4MATIC GLK 350 yesterday. They had to do a dealer trade for a particular color. The one we were looking at had a base MSRP of 35.9K. However it had too many miles on it. He found another with less miles and the same exact option, with a higher base MSRP of $36.6. He explained the difference due to the cheaper one being a factory demo. I checked MBUSA web site, and the MSRP is $36.6, but edmunds is reporting $35.9. Can anyone enlighten me on the difference? Thanks.
#56 of 69
Re: $600 sign and drive NJ [njjoe] by ss2878
Sep 04, 2009 (7:46 pm)
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Replying to: njjoe (Jun 18, 2009 5:12 pm)

njjoe-
 
What dealer and salesperson did you use to get this deal?
 
Thanks.
#57 of 69
Re: Lease Questions [tk123456789] by ss2878
Sep 04, 2009 (7:49 pm)
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Replying to: tk123456789 (Aug 03, 2009 5:51 am)

Please let me know what dealer and the saleperson you worked with for this deal.
 
Thanks.
#58 of 69
Re: July GLK MF and residuals [Car_man] by Piaya20
Sep 10, 2009 (8:20 am)
Reply

Replying to: Car_man (Aug 10, 2009 2:52 am)

Hi Car_man,
 
Do you have Mercedes-Benz Financial's current (for SEPTEMBER) rate lease money factor and residual value for a 36 month lease of a 2010 GLK350 4Matic with 15,000 miles per year ?
 
We have asked for a quote way back in July from a dealership in PA and it was .00247 and 51% respectively (just like what you said in your previous post). This month, it seemed like the money factor has increased.
 
Thank you so much.

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