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GL Class (X166) 2013-Present

Lease GL450

 
Old 08-25-2014, 06:27 AM
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GLS450
Lease GL450

Hey guys,

I'm new to this MB thread. Currently own an E-class and I'm now thinking of adding to the collection. MB has a lease incentive going on now for the '14 and '15 450, $749 for 36 months, $6,500 down. What do you think?

Also might there be lease incentives for the GL350?

Included Packages

Premium I ($4,410)
Auto Dimming & Power Folding Mirrors
Driver & Passenger Memory Package
iPod/MP3 Media Interface Cable
Heated & Cooled Cup Holders
Power Telescoping & Tilt Steering Column
iPod/MP3 Media Interface
Radio: COMAND System w/Navigation
SIRIUS XM Radio
Multi-Color Interior Ambient Lighting
KEYLESS-GO
Auto-dimming Driver Side & Rear View Mirrors
Power Folding Mirrors
10-Way Power Passenger Seat
10-Way Power Driver Seat

Lane Tracking Package ($875)
Lane Keeping Assist Package
Blind Spot Assist

Additional Options
Heated Multifunction Steering Wheel
Illuminated Running Boards
PARKTRONIC w/Active Parking Assist
Power EASY ENTRY
Rear Seat Entertainment Pre-Wiring
harman/kardon Logic 7 Surround Sound System
Lane Keeping Assist

Last edited by jerome8283; 08-25-2014 at 09:55 AM.
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Old 08-28-2014, 09:33 PM
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GLS450
Does anyone have an opinion on this? Does anyone know what the APR is?

Last edited by jerome8283; 08-28-2014 at 09:47 PM.
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Old 08-28-2014, 10:39 PM
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'14 GL350 & E350W4
Originally Posted by jerome8283 View Post
Does anyone have an opinion on this?
Three thoughts:

1) Great build

2) FWIW, Keyless GO is included with Package #1 for 2015 but is a stand-alone option for 2014. Shop carefully if this is a "must have" item on a 2014.

3) DO NOT get the power folding 2nd row seats if you plan to use child car seats or have pre-teen children or plan to seat short(er) adults in the 2nd row. The 2nd row headrest can be an issue (thread). If any of the above is not a consideration, then go for it.
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Old 08-29-2014, 08:57 AM
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2015 Ram 2500, former 2013 GL350, 2007 GL450
350's are in short supply so I would bet there's no incentives.
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Old 08-29-2014, 09:31 AM
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2017 GLS450, Previously 2014 GL450, 2012 GL450
Originally Posted by jerome8283 View Post
Does anyone have an opinion on this? Does anyone know what the APR is?
That's a standard lease offer. You never want to put an enormous down payment on a lease (you can lose it if its stolen or totaled). So reduce your down payment, and negotiate your monthly.

The standard lease is I believe for 7500mi/yr and for an MSRP of ~$69k.
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Old 08-29-2014, 09:56 AM
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Ask the dealer for a screen shot of the lease. You will want to know / see what the sales price is (you can negotiate this and it effects your lease payment), what your adjust cap cost is (so you can see how much you are putting down, what other fees are being charged (so they aren't adding anything they shouldn't be, what the residual is (this should be set by zombie) and what the money factor is (MF - to make sure they are not adding onto the basic rate - multiply this by 2400 and it gives you the interest rate).

Why don't you get all that - they can email you a screen shot - and then let's talk.

I agree - I never put money down. It increases the payment but net/net it doesn't change how much you pay - you want as little of your own cash in the car if you are leasing.
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Old 08-29-2014, 09:48 PM
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a little more detail online for the lease;

Available only to qualified customers through Mercedes-Benz Financial Services at participating dealers through September 02, 2014. Not everyone will qualify. Advertised 36 months lease payment based on MSRP of $71,280 less the suggested dealer contribution resulting in a total gross capitalized cost of $69,767. Dealer contribution may vary and could affect your actual lease payment. Includes Destination Charge, Premium 1 Package, Trailer Hitch, and RSE Pre-Wiring. Excludes title, taxes, registration, license fees, insurance, dealer prep and additional options. Total monthly payments equal $26,964. Cash due at signing includes $4,999 capitalized cost reduction, $795 acquisition fee and first month's lease payment of $749. No security deposit required. Total payments equal $32,758. At lease end, lessee pays for any amounts due under the lease, any official fees and taxes related to the scheduled termination, excess wear and use plus $0.25/mile over 30,000 miles, and $595 vehicle turn-in fee. Purchase option at lease end for $44,906 plus taxes (and any other fees and charges due under the applicable lease agreement) in example shown. Subject to credit approval. Specific vehicles are subject to availability and may have to be ordered. See participating dealer for details. Please always wear your seat belt, drive safely and obey speed limits.
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Old 08-30-2014, 09:13 AM
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Originally Posted by jerome8283 View Post
Hey guys,

I'm new to this MB thread. Currently own an E-class and I'm now thinking of adding to the collection. MB has a lease incentive going on now for the '14 and '15 450, $749 for 36 months, $6,500 down. What do you think?

Also might there be lease incentives for the GL350?

Included Packages

Premium I ($4,410)
Auto Dimming & Power Folding Mirrors
Driver & Passenger Memory Package
iPod/MP3 Media Interface Cable
Heated & Cooled Cup Holders
Power Telescoping & Tilt Steering Column
iPod/MP3 Media Interface
Radio: COMAND System w/Navigation
SIRIUS XM Radio
Multi-Color Interior Ambient Lighting
KEYLESS-GO
Auto-dimming Driver Side & Rear View Mirrors
Power Folding Mirrors
10-Way Power Passenger Seat
10-Way Power Driver Seat

Lane Tracking Package ($875)
Lane Keeping Assist Package
Blind Spot Assist

Additional Options
Heated Multifunction Steering Wheel
Illuminated Running Boards
PARKTRONIC w/Active Parking Assist
Power EASY ENTRY
Rear Seat Entertainment Pre-Wiring
harman/kardon Logic 7 Surround Sound System
Lane Keeping Assist

Hi i dint see where you from but if you are from the states and you can add active curve i would so do it.
i have a 2015 350 but that option is only avail her on GL 63. Also Advanced drivers assist very important. some say they dont use it or want a better experience but its very imp for resale. its all about technology
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Old 08-30-2014, 01:44 PM
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GLS450
Thanks all.


Another question....


Have you guys traded-in your current cars for a lease? Is this an ok practice? I did some numbers on Edmunds and it brings the monthly cost down significantly.
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Old 09-02-2014, 12:08 PM
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2017 GLS450, Previously 2014 GL450, 2012 GL450
Trade-ins always complicate the deal because you have to negotiate on two cars versus just one. But I know a lot of people have, so as long as you get numbers you're comfortable with, it's fine.
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Old 09-02-2014, 06:28 PM
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Negotiate the purchase price of the new vehicle first, then tell them you have a trade-in, and negotiate the trade-in value separately. Otherwise, it's a shell game.
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