Help needed - 2013 GLK AMG lease
Can others post details on their own lease deals on the 2013 GLK 350. I'm just trying to determine if I'm getting a good deal or not. Thx.
Here are the lease details:
MSRP: $53,295
Adj Capitalized Cost: $48,638.84
Residual: 57%
Money factor: 0.00140
Lease term/mileage: 36 months / 15,000 miles a year
Taxes: $1523.40 (Get full tax savings for full amount due to trade-in credit)
Tax rate: 7.7750%
Total cash down: $1000
Monthly payment: $577.33
Last edited by X5PlatBronze; Sep 20, 2012 at 08:55 AM. Reason: Updated info
Can others post details on their own lease deals on the 2013 GLK 350. I'm just trying to determine if I'm getting a good deal or not. Thx.
Here are the lease details:
MSRP: $53,295
Adj Capitalized Cost: $48,638.84
Residual: 57%
Money factor: 0.00140
Lease term/mileage: 36 months / 15,000 miles a year
Taxes: $1523.40 (Get full tax savings for full amount due to trade-in credit)
Tax rate: 7.7750%
Total cash down: $1000
Monthly payment: $577.33
Can others post details on their own lease deals on the 2013 GLK 350. I'm just trying to determine if I'm getting a good deal or not. Thx.
Here are the lease details:
MSRP: $53,295
Adj Capitalized Cost: $48,638.84
Residual: 57%
Money factor: 0.00140
Lease term/mileage: 36 months / 15,000 miles a year
Taxes: $1523.40 (Get full tax savings for full amount due to trade-in credit)
Tax rate: 7.7750%
Total cash down: $1000
Monthly payment: $577.33
This has me confused.
Taxes on a lease are paid on each payment, not up front. (That's one of the advantages of a lease.)
The 15,000 miles is nice.
BTW, your money factor = 3.36% interest rate
Last edited by X5PlatBronze; Sep 21, 2012 at 05:59 PM. Reason: Update


In some states you do pay the tax upfront. Ohio being one of them. In other states, the tax regulations actually make leasing undesirable. Hence, the balloon payment loans Mercedes offers.
Last edited by JALLEN4; Sep 22, 2012 at 06:47 AM. Reason: Spelling
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However, can someone who has leased a 2013 GLK 350 or even a 2012 model year share what they are paying on a lease right now? Please include lease term, how many miles and MSRP of the vehicle, total out of pocket and final sale price. This will be helpful as I review the deal I was offered by a dealer. Thx.
The Best of Mercedes & AMG
MSRP: 51,305
Term: 27 months
Cap Reduction: 1000
Prepaid 2 years service and 3M bumper wrap
Miles: 7500 (I don't drive much)
Total out of pocket ~3000
Monthly: 529



