GL Class (X164) 2007-2012: GL320CDI, GL420CDI, GL450, GL550

please tell me if this is a good deal or not

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Old Mar 12, 2008 | 08:32 PM
  #1  
dew79's Avatar
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bmw 330xi
please tell me if this is a good deal or not

2008 GL450 (P1, 19" wheels, RSE, others)
MSRP: $69,460
Cap. Cost: $64,256 (plus tax and $795 lease fee)

cap cost includes $825 destination fee and $600 "adverstising fee" (IRG participation)

33 months, 61% residual, 12k mileage limit, .00155 MF

$976.78/month
$1,341.78 due at start (includes first month payment, $95 doc fee, tit+lic+reg)

no cap cost reduction or trade-in

Thanks,
drew
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Old Mar 13, 2008 | 12:49 AM
  #2  
JRAMGV8's Avatar
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Joined: Aug 2004
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From: Silicon Valley, CA
1999 C280 Previous / 2008 E350
Originally Posted by dew79
2008 GL450 (P1, 19" wheels, RSE, others)
MSRP: $69,460
Cap. Cost: $64,256 (plus tax and $795 lease fee)

cap cost includes $825 destination fee and $600 "adverstising fee" (IRG participation)

33 months, 61% residual, 12k mileage limit, .00155 MF

$976.78/month
$1,341.78 due at start (includes first month payment, $95 doc fee, tit+lic+reg)

no cap cost reduction or trade-in

Thanks,
drew
Sounds about right any more room for negotiation

I expect the Residual to be more in the high 60s for anything less than 36 months
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Old Mar 13, 2008 | 03:16 PM
  #3  
infamily's Avatar
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Joined: Jul 2007
Posts: 297
Likes: 4
From: Bay Area CA
2014 GL 350 blue tec
Originally Posted by dew79
2008 GL450 (P1, 19" wheels, RSE, others)
MSRP: $69,460
Cap. Cost: $64,256 (plus tax and $795 lease fee)

cap cost includes $825 destination fee and $600 "adverstising fee" (IRG participation)

33 months, 61% residual, 12k mileage limit, .00155 MF

$976.78/month
$1,341.78 due at start (includes first month payment, $95 doc fee, tit+lic+reg)

no cap cost reduction or trade-in

Thanks,
drew
sounds about right if you do not pay sales tax upfront. Her ein MN we have to pay sales tax upfront even for lease.. If you pay sales tax upfront then the payments should be around 900 per month.. Assuming 6.65% sales tax ( not sure where you are), the payment will be roughly 960 per month if sales tax payed on monthly lease payments.. try to negotiate more on cap reduction.. you should be able to get 8% off MSRP including all other charges
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Old Mar 14, 2008 | 09:21 AM
  #4  
BJ021's Avatar
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Joined: Sep 2007
Posts: 362
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From: Minnesota
2008 GL 320 CDI Black/Black
Originally Posted by dew79
2008 GL450 (P1, 19" wheels, RSE, others)
MSRP: $69,460
Cap. Cost: $64,256 (plus tax and $795 lease fee)

cap cost includes $825 destination fee and $600 "adverstising fee" (IRG participation)

33 months, 61% residual, 12k mileage limit, .00155 MF

$976.78/month
$1,341.78 due at start (includes first month payment, $95 doc fee, tit+lic+reg)

no cap cost reduction or trade-in

Thanks,
drew
This is about what I signed up for in Oct. last fall, I think my residual was a bit better...but that is to be expected as the value will decline throughout the model year...its a fine deal. Go get it!
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