09 Mercedes Benz GL Lease Rates – July 2009

logo_benzMy Take: The GL450 is probably the better deal of the 3 trims. As a matter of fact, I think I’ll be putting it in THE LIST since it’s money factor is fairly low and the residual value is workable. I think that invoice price can be attained in regions with decent competition since cars at this price have a good profit margin. I wouldn’t be surprised if you could dip slightly below invoice. Just don’t forget to negotiate the sale price of the vehicle instead of the payments. If your dealer starts off talking payments with you, quickly switch the subject to the sale price/cap cost of the vehicle. That is the one and only place where you can significantly decrease your monthly payments.

Check out the new LIST for the recommended leases of the month.

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2009 Mercedes GL

2009 Mercedes GL320 BlueTec
24-month | 15k miles | residual 53% | .00132 base money factor
36-month | 15k miles | residual 48% | .00147 base money factor
48-month | 15k miles | residual 40% | .00147 base money factor
60-month | 15k miles | residual 33% | .00395 base money factor

2009 Mercedes GL450
24-month | 15k miles | residual 54% | .00120 base money factor
36-month | 15k miles | residual 48% | .00070 base money factor
48-month | 15k miles | residual 39% | .00070 base money factor
60-month | 15k miles | residual 32% | .00395 base money factor

2009 Mercedes GL550
24-month | 15k miles | residual 49% | .00120 base money factor
36-month | 15k miles | residual 44% | .00074 base money factor
48-month | 15k miles | residual 37% | .00074 base money factor
60-month | 15k miles | residual 31% | .00395 base money factor

2009 Mercedes Benz G, GL, GLK Lease Rates – June 2009

logo_benzMy Take: GLK and the G are a big NO-NO this month, just look at the money factors. The GL looks much better but there aren’t any cash rebates to help with the lower-than-ideal residual value. It is safe to say that the “glory days” of auto leasing are officially over. You will start finding fewer models with attractive lease offerings from now on, which makes doing your research that much more important if you wish to continue leasing.

2010 Mercedes GLK

2010 Mercedes GLK350
24-month | 15k miles | residual 55% | .00276 base money factor
36-month | 15k miles | residual 51% | .00290 base money factor
48-month | 15k miles | residual 40% | .00290 base money factor
60-month | 15k miles | residual 34% | .00395 base money factor

2010 Mercedes GLK350 4matic
24-month | 15k miles | residual 55% | .00276 base money factor
36-month | 15k miles | residual 51% | .00290 base money factor
48-month | 15k miles | residual 40% | .00290 base money factor
60-month | 15k miles | residual 34% | .00395 base money factor

2009 Mercedes G

2009 Mercedes G550
24-month | 15k miles | residual 48% | .00430 base money factor
36-month | 15k miles | residual 44% | .00395 base money factor
48-month | 15k miles | residual 36% | .00395 base money factor
60-month | 15k miles | residual 31% | .00395 base money factor

2009 Mercedes G55 AMG
24-month | 15k miles | residual 45% | .00430 base money factor
36-month | 15k miles | residual 40% | .00395 base money factor
48-month | 15k miles | residual 35% | .00395 base money factor
60-month | 15k miles | residual 31% | .00395 base money factor

2009 Mercedes GL

2009 Mercedes GL320 BlueTec
24-month | 15k miles | residual 54% | .00132 base money factor
36-month | 15k miles | residual 49% | .00111 base money factor
48-month | 15k miles | residual 40% | .00111 base money factor
60-month | 15k miles | residual 33% | .00395 base money factor

2009 Mercedes GL450
24-month | 15k miles | residual 57% | .00120 base money factor
36-month | 15k miles | residual 51% | .00074 base money factor
48-month | 15k miles | residual 39% | .00074 base money factor
60-month | 15k miles | residual 32% | .00395 base money factor

2009 Mercedes GL550
24-month | 15k miles | residual 50% | .00120 base money factor
36-month | 15k miles | residual 44% | .00074 base money factor
48-month | 15k miles | residual 37% | .00074 base money factor
60-month | 15k miles | residual 31% | .00395 base money factor

09 Mercedes Benz G, GL Lease Rates – May 2009

logo_benzMy Take: The GL is currently a better lease than the G. Sure, they are both slightly different rides which cater to different crowds, but they are both SUVs which server similar functions. I think the GL450 is probably a good balance of price, residual and money factor compared to the other two trims.

2009 Mercedes G

2009 Mercedes G550
24-month | 15k miles | residual 48% | .00430 base money factor
36-month | 15k miles | residual 44% | .00395 base money factor
48-month | 15k miles | residual 36% | .00395 base money factor

2009 Mercedes G55 AMG
24-month | 15k miles | residual 45% | .00430 base money factor
36-month | 15k miles | residual 40% | .00395 base money factor
48-month | 15k miles | residual 35% | .00395 base money factor

2009 Mercedes GL

2009 Mercedes GL320
24-month | 15k miles | residual 54% | .00132 base money factor
36-month | 15k miles | residual 49% | .00089 base money factor
48-month | 15k miles | residual 40% | .00089 base money factor

2009 Mercedes GL450
24-month | 15k miles | residual 57% | .00120 base money factor
36-month | 15k miles | residual 51% | .00074 base money factor
48-month | 15k miles | residual 39% | .00074 base money factor

2009 Mercedes GL550
24-month | 15k miles | residual 50% | .00120 base money factor
36-month | 15k miles | residual 44% | .00074 base money factor
48-month | 15k miles | residual 37% | .00074 base money factor

09 Mercedes Benz GL Lease Rates – April 2009

logo_benzMy Take: GL money factors looks pretty good this month with the GL550 getting some major love from MB. They dropped the money factor from .00395 to .00074, which translates to thousands in savings! If you where eye-balling the GL550 these last few months, this month looks like a great time to inquire about it’s lease. If the price tag is a bit too high, check out the GL320 and GL450, they still have very good residuals and money factors, for a Mercedes.

2009 Mercedes GL

2009 Mercedes GL320
24-month | 15k miles | residual 56% | .00070 base money factor
36-month | 15k miles | residual 49% | .00035 base money factor
48-month | 15k miles | residual 42% | .00035 base money factor

2009 Mercedes GL450
24-month | 15k miles | residual 58% | .00120 base money factor
36-month | 15k miles | residual 51% | .00095 base money factor
48-month | 15k miles | residual 41% | .00095 base money factor

2009 Mercedes GL550
24-month | 15k miles | residual 51% | .00120 base money factor
36-month | 15k miles | residual 44% | .00074 base money factor
48-month | 15k miles | residual 39% | .00074 base money factor

09 Mercedes G, GL, ML, R Lease Rates – March 2009

logo_benzMy Take: Of the whole lot, I just like the ML320s rates. As I mentioned last month, the ML320 is not exactly available in large volume because it is a diesel. However, I think this car’s lease rates look best compared to the other SUVs and Wagons in Merc’s lineup. This is definitely a “lease to buy” candidate (like most Mercs) and it also cheapest when you lease it at 48 months inteast of 36. There are no cash/rebate incentives on the ML, but there is special 0.9% financing for up to 66 months if you intend to buy the car. Not too bad if you ask me. I think Merc is really willing to drop prices to move cars right now. If you thumb through the forums, you’ll notice JoeBean getting about 3k under invoice on his C350, so keep that in mind when you visit your Merc dealer.

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  At Invoice At MSRP
Make/Model Invoice MSRP 36-month 48-month 36-month 48-month
09 Mercedes ML320 $46,073 $49,475 $594* $547** $691* $619**

NOTE: Estimates assuming the following conditions:

  • Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
  • Local Taxes not included.
  • 24-month/15k and 36-month/15k terms.
  • All cars are stock, without any options.

2009 Mercedes G, GL, ML, R

2009 Mercedes GL320
24-month | 15k miles | residual 56% | .00070 base money factor
36-month | 15k miles | residual 49% | .00035 base money factor
48-month | 15k miles | residual 42% | .00035 base money factor
60-month | 15k miles | residual 34% | .00395 base money factor

2009 Mercedes GL450
24-month | 15k miles | residual 58% | .00120 base money factor
36-month | 15k miles | residual 51% | .00095 base money factor
48-month | 15k miles | residual 41% | .00095 base money factor
60-month | 15k miles | residual 33% | .00395 base money factor

2009 Mercedes ML320 CDI 4WD
24-month | 15k miles | residual 62% | .00120 base money factor
36-month | 15k miles | residual 53% | .00060 base money factor
48-month | 15k miles | residual 44% | .00060 base money factor
60-month | 15k miles | residual 37% | .00395 base money factor

2009 Mercedes ML350 4WD
24-month | 15k miles | residual 54% | .00120 base money factor
36-month | 15k miles | residual 45% | .00080 base money factor
48-month | 15k miles | residual 39% | .00080 base money factor
60-month | 15k miles | residual 32% | .00395 base money factor

2009 Mercedes R350
24-month | 15k miles | residual 51% | .00200 base money factor
36-month | 15k miles | residual 46% | .00175 base money factor
48-month | 15k miles | residual 36% | .00175 base money factor
60-month | 15k miles | residual 29% | .00395 base money factor

DO NOT LEASE

2009 Mercedes G550
24-month | 15k miles | residual 49% | .00430 base money factor
36-month | 15k miles | residual 44% | .00395 base money factor
48-month | 15k miles | residual 37% | .00395 base money factor
60-month | 15k miles | residual 32% | .00395 base money factor

2009 Mercedes G55 AMG
24-month | 15k miles | residual 46% | .00430 base money factor
36-month | 15k miles | residual 40% | .00395 base money factor
48-month | 15k miles | residual 35% | .00395 base money factor
60-month | 15k miles | residual 31% | .00395 base money factor

2009 Mercedes GL550
24-month | 15k miles | residual 51% | .00430 base money factor
36-month | 15k miles | residual 44% | .00395 base money factor
48-month | 15k miles | residual 39% | .00395 base money factor
60-month | 15k miles | residual 32% | .00395 base money factor

2009 Mercedes ML550 4WD
24-month | 15k miles | residual 48% | .00220 base money factor
36-month | 15k miles | residual 39% | .00280 base money factor
48-month | 15k miles | residual 35% | .00280 base money factor
60-month | 15k miles | residual 30% | .00395 base money factor

2009 Mercedes ML63 AMG 4WD
24-month | 15k miles | residual 50% | .00430 base money factor
36-month | 15k miles | residual 42% | .00395 base money factor
48-month | 15k miles | residual 37% | .00395 base money factor
60-month | 15k miles | residual 30% | .00395 base money factor

July 2008 Lease Rate for 08 Mercedes Benz G, GL, ML & R

Laziness prevails…I’m posting all of the remaining Mercedes-Benz models I haven’t posted yet.
I prefer to post and comment on each model individually, but with all the cars out there, its been taking long to get these rates out there for you. So here they are, the MB G, GL, ML and R-Class.

2008 Mercedes G500 Wagon
24 Month – Residual 56% of MSRP – .00385 Base Rate
36 Month – Residual 49% of MSRP – .00350 Base Rate
48 Month – Residual 42% of MSRP – .00350 Base Rate
60 Month – Residual 37% of MSRP – .00350 Base Rate

2008 Mercedes G55 AMG Wagon
24 Month – Residual 51% of MSRP – .00385 Base Rate
36 Month – Residual 45% of MSRP – .00350 Base Rate
48 Month – Residual 39% of MSRP – .00350 Base Rate
60 Month – Residual 35% of MSRP – .00350 Base Rate

2008 Mercedes GL320 CDI Wagon
24 Month – Residual 62% of MSRP – .00165 Base Rate
36 Month – Residual 54% of MSRP – .00185 Base Rate
48 Month – Residual 45% of MSRP – .00185 Base Rate
60 Month – Residual 39% of MSRP – .00350 Base Rate

2008 Mercedes GL450 Wagon
24 Month – Residual 63% of MSRP – .00165 Base Rate
36 Month – Residual 56% of MSRP – .00185 Base Rate
48 Month – Residual 44% of MSRP – .00185 Base Rate
60 Month – Residual 38% of MSRP – .00330 Base Rate

2008 Mercedes GL550 Wagon
24 Month – Residual 58% of MSRP – .00365 Base Rate
36 Month – Residual 52% of MSRP – .00330 Base Rate
48 Month – Residual 41% of MSRP – .00330 Base Rate
60 Month – Residual 36% of MSRP – .00330 Base Rate

2008 Mercedes ML320 CDI 4WD SUV
24 Month – Residual 59% of MSRP – .00215 Base Rate
36 Month – Residual 51% of MSRP – .00215 Base Rate
48 Month – Residual 41% of MSRP – .00215 Base Rate
60 Month – Residual 33% of MSRP – .00215 Base Rate

2008 Mercedes ML350 4WD SUV
24 Month – Residual 60% of MSRP – .00185 Base Rate
36 Month – Residual 51% of MSRP – .00215 Base Rate
48 Month – Residual 39% of MSRP – .00215 Base Rate
60 Month – Residual 36% of MSRP – .00350 Base Rate

2008 Mercedes ML550 4WD SUV
24 Month – Residual 58% of MSRP – .00185 Base Rate
36 Month – Residual 48% of MSRP – .00215 Base Rate
48 Month – Residual 37% of MSRP – .00215 Base Rate
60 Month – Residual 34% of MSRP – .00350 Base Rate

2008 Mercedes ML63 AMG 4WD SUV
24 Month – Residual 51% of MSRP – .00250 Base Rate
36 Month – Residual 42% of MSRP – .00250 Base Rate
48 Month – Residual 36% of MSRP – .00250 Base Rate
60 Month – Residual 33% of MSRP – .00350 Base Rate

2008 Mercedes R320 CDI RWD Wagon
24 Month – Residual 60% of MSRP – .00130 Base Rate
36 Month – Residual 50% of MSRP – .00160 Base Rate
48 Month – Residual 42% of MSRP – .00160 Base Rate
60 Month – Residual 39% of MSRP – .00350 Base Rate

2008 Mercedes R350 RWD Wagon
24 Month – Residual 56% of MSRP – .00060 Base Rate
36 Month – Residual 48% of MSRP – .00090 Base Rate
48 Month – Residual 36% of MSRP – .00090 Base Rate
60 Month – Residual 33% of MSRP – .00350 Base Rate

2008 Mercedes R350 4matic Wagon
24 Month – Residual 58% of MSRP – .00075 Base Rate
36 Month – Residual 49% of MSRP – .00105 Base Rate
48 Month – Residual 37% of MSRP – .00105 Base Rate
60 Month – Residual 34% of MSRP – .00350 Base Rate

* Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: The vehicle enjoying the lowest MF on this list is the R350. The rich (wo)man’s station wagon, as I like to call it. These MB’s residual value are rather low overall, so they are hardly a bargain.

June 2008 Lease Rates for 08 Mercedes Benz G-Class and GL-Class

2008 Mercedes G500 Wagon

24 Month – Residual 57% of MSRP – .00365 Base Rate
36 Month – Residual 50% of MSRP – .00330 Base Rate
48 Month – Residual 43% of MSRP – .00330 Base Rate
60 Month – Residual 38% of MSRP – .00330 Base Rate

2008 Mercedes G55 AMG Wagon

24 Month – Residual 52% of MSRP – .00365 Base Rate
36 Month – Residual 46% of MSRP – .00330 Base Rate
48 Month – Residual 40% of MSRP – .00330 Base Rate
60 Month – Residual 36% of MSRP – .00330 Base Rate

2008 Mercedes GL320 CDI Wagon

24 Month – Residual 62% of MSRP – .00165 Base Rate
36 Month – Residual 54% of MSRP – .00185 Base Rate
48 Month – Residual 45% of MSRP – .00185 Base Rate
60 Month – Residual 39% of MSRP – .00330 Base Rate

2008 Mercedes GL450 Wagon

24 Month – Residual 63% of MSRP – .00165 Base Rate
36 Month – Residual 56% of MSRP – .00185 Base Rate
48 Month – Residual 44% of MSRP – .00185 Base Rate
60 Month – Residual 38% of MSRP – .00330 Base Rate

2008 Mercedes GL550 Wagon

24 Month – Residual 58% of MSRP – .00365 Base Rate
36 Month – Residual 52% of MSRP – .00330 Base Rate
48 Month – Residual 41% of MSRP – .00330 Base Rate
60 Month – Residual 36% of MSRP – .00330 Base Rate

* Residuals posted are for 15K miles/year. Add 2% to Residual for

12k mi/yr and 3% for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: The Gs and GLs are a bunch of pimped up crossovers. There is practically no lease assistance from MB with the exception of a somewhat reduced money factor on the low-end GLs. If you got the money and need a crossover, you might as well get a Mercedes Benz. Just be aware that built-quality isn’t job #1.