hi there.
we are on our 2nd GL 420cdi....
all in all, a fantastic car; the V8 GL420 is so much rarer than the GL320 that we ran our first one for a year and sold it privately for exactly the same as what we paid for it...check autotrader and pistonheads; there are only around 20 or so for sale at any one time so if you see a good spec version with reasonable miles act fast or it shall be gone!
spec wise, our first one ( '08 black ) didn't have electric tailgate, rear view camera, heated rear seats, or xenons... new one does and more, and really wouldn't get another without these, most especially the xenons; i MUST state...DO NOT BUY ONE WITHOUT XENONS! the halogen headlamps are so poor i think they are dangerous with no exageration!
problem wise, first one did have the issue with the electronic plate that is located in the gearbox sump; makes gearchanges protracted and jerky; that was replaced under warranty, and MB know all about it but never did a recall prefering the defective cars to make themselves known, problem is it sometimes takes upto 60k miles,and costs about £1k inc the transmission oil and filter...apart from that not much.
engine wise, i had both of mine remapped on rolling road; takes power to near 400bhp, and torque to about 770, however, i did it as the smoothness and economy increased by a good bit and would recomend, but each to there own; (do not fit a cheap piggy back plug in box unless from somewhere like DTUK though, as they are horrific)...i do not drive hard as have other cars for that and use this for the family commute, but will say no 4x4 that size has the right to corner like the GL on the sport setting on the airmatic!
economywise, i travelled last year from Jersey back home to east coast of scotland with me, missus, 4 kids and luggage for 2 weeks; stopped once as car is soooo comfy (for us and the kids watching dvd's) and covered around 600 miles with between red and 1/4 tank fuel remaining...outstanding!
the best bit is that with the facelift coming out, the differances are slight i feel and does not overly date the 1st generation GL, so with so few GL's in the UK, i expect residuals to still remain strong, as it has an amazing road prescence and is highly desireable... would defo recommend the 420 as even rarer.
any questions, feel free to ask for an honest reply of having years of ownership with owning more than one!
cheers.
iain