My Take: I’ve been kind of curious as to what the payment ranges would be for the 2010 GLK-Class. Seems like a lot of the european luxury brands are jumping on the compact crossover bandwagon, so I thought that it would be nice to know what kind of numbers we’d be looking at here. As you can see just by looking at the rates, the money factor is not very friendly this month. In contrast, the purchase financing rates are superb! 0.9% financing for up to 66 months! I would probably recommend a BUY instead of a lease on the GLK for this month. If the lease rates drop below the 0.9%, then I will probably change my mind. I don’t see any cash rebates yet, but I certainly would not pay MSRP on anything out there because that’s just not the kind of market we are in right now.
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|At Invoice||At MSRP|
|10 Mercedes GLK350||$32,402||$34,775||$543*||$511**||$616*||$567**|
NOTE: Estimates assuming the following conditions:
- Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) due at signing.
- Local Taxes not included.
- 24-month/15k and 36-month/15k terms.
- All cars are stock, without any options.
- No rebates/incentives applied
2010 Mercedes GLK-Class
2010 Mercedes GLK350
24-month | 15k miles | residual 55% | .00276 base money factor
36-month | 15k miles | residual 51% | .00272 base money factor
48-month | 15k miles | residual 40% | .00272 base money factor
60-month | 15k miles | residual 34% | .00395 base money factor
2010 Mercedes GLK350 4matic
24-month | 15k miles | residual 55% | .00240 base money factor
36-month | 15k miles | residual 51% | .00230 base money factor
48-month | 15k miles | residual 40% | .00230 base money factor
60-month | 15k miles | residual 35% | .00395 base money factor