2016 Mercedes-Benz GLE Class Lease Questions

Krypto2210

Hi. Do you happen to know the residual and money factor for the new 2016 GLE450 Coupe for 36/12k?

Michaell

Krypto2210 said:

Hi. Do you happen to know the residual and money factor for the new 2016 GLE450 Coupe for 36/12k?

Yes, yes we do.










Oh, you want those numbers? (sorry, it's late)

.00163 and 57%

mbgm12

Can you tell me the numbers for the GLE 350 36/12?

jr99

How about the GLE400? 15/36?

Michaell

mbgm12 said:

Can you tell me the numbers for the GLE 350 36/12?

.00104 and 56%

Michaell

jr99 said:

How about the GLE400? 15/36?

54% and standard MF (.00200 or so)

jcastaldo

anyone get lease prices on a GLE350?

SehKonNJdude

I was shopping for GLE 450 AMG coupe - their offers are just plain Ridiculous. Porsche Cayenne here I come

Mercedes needs to be taught a good lesson. A GLE 450 AMG coupe is $77k and dealer wants close to MSPR since "this will outsell every other suv"

The GLEAMG 450 lease is same as lasing a BMW X6 M - the X6M blows the GLE in every aspect - and MSRP is $95k - lease payment for a $100k car is same as that of AMG GLE $77k - !!!

Mercedes thinks we consumers are retards

sajayreddy

Hi, Can someone please post the residual and money factor for
- a new 2016 GLE 300D for 36/15K and
- a new 2016 GLE 350 for 36/15K?

Thanks much in advance.

Michaell

sajayreddy said:

Hi, Can someone please post the residual and money factor for
- a new 2016 GLE 300D for 36/15K and
- a new 2016 GLE 350 for 36/15K?

Thanks much in advance.

300D - standard MF (.00200) and 58%
350 - .00104 and 54%

sicce10

Can someone tell me what the latest (September) MF / Residual is for 2016 GLE 350 RWD please
24mnts /12K
30mnts / 12K


Thanks

Michaell

sicce10 said:

Can someone tell me what the latest (September) MF / Residual is for 2016 GLE 350 RWD please
24mnts /12K
30mnts / 12K

Thanks

.00104 and 64% / 61%

sicce10

Is this a good deal on a 2016 GLE 350 RWD.
MSRP 61,735
Selling price: $54,986
MF 0.00154
Res 61%
Down payment: $3000
Monthly cost: $859 (incl tax)

Thanks
Sicce

Michaell

sicce10 said:

Is this a good deal on a 2016 GLE 350 RWD.
MSRP 61,735
Selling price: $54,986
MF 0.00154
Res 61%
Down payment: $3000
Monthly cost: $859 (incl tax)

Thanks
Sicce

No - the MF is marked up.

We don't recommend making a down payment on a lease - if the car is stolen or totaled, you lose that money.

I get $578/mo plus tax with your pricing and the base MF and $0 down.

Find out what the net cap cost is - if it's higher than the selling price, find out why.

sicce10

Michaell said:

sicce10 said:

Is this a good deal on a 2016 GLE 350 RWD.
MSRP 61,735
Selling price: $54,986
MF 0.00154
Res 61%
Down payment: $3000
Monthly cost: $859 (incl tax)

Thanks
Sicce

No - the MF is marked up.

We don't recommend making a down payment on a lease - if the car is stolen or totaled, you lose that money.

I get $578/mo plus tax with your pricing and the base MF and $0 down.

Find out what the net cap cost is - if it's higher than the selling price, find out why.

Here is the full breakdown:
MSRP $61,735
Discount: -$6,749 (MB family discount)
Cap Cost $54,986
Sales Tax $1,444
Dealer Fee $590
Total Price $$57,020

30 month / 12K miles with $3000 down monthly cost $859/month (incl Tax)

Michaell

sicce10 said:

Michaell said:

sicce10 said:

Is this a good deal on a 2016 GLE 350 RWD.
MSRP 61,735
Selling price: $54,986
MF 0.00154
Res 61%
Down payment: $3000
Monthly cost: $859 (incl tax)

Thanks
Sicce

No - the MF is marked up.

We don't recommend making a down payment on a lease - if the car is stolen or totaled, you lose that money.

I get $578/mo plus tax with your pricing and the base MF and $0 down.

Find out what the net cap cost is - if it's higher than the selling price, find out why.

Here is the full breakdown:
MSRP $61,735
Discount: -$6,749 (MB family discount)
Cap Cost $54,986
Sales Tax $1,444
Dealer Fee $590
Total Price $$57,020

30 month / 12K miles with $3000 down monthly cost $859/month (incl Tax)

Now I get $744/mo with the base MF (.00104) and 61% residual for 30/12.

mts245

Could you please tell me the September money factor and residual for a 2016 SL550 - 36 mo/10000. Thanks.

Michaell

mts245 said:

Could you please tell me the September money factor and residual for a 2016 SL550 - 36 mo/10000. Thanks.

.00136 and 57%

cocon

hey Mike what are current lease numbers for GLE450 amg coupe 4 matic? looking for 36/12.

I got on vehicle with MSRP 77,550 ,$1500 off for total cost of 76,050.

for 36/10 they quoted me $1263.33 without tax and for 36/12 1283.77 without tax. Zero down for both terms.

Is it a fair deal? I am surprised with those low numbers..

What MF they are using? And what is going to be with 9.25% tax included??

kyfdx

cocon said:

hey Mike what are current lease numbers for GLE450 amg coupe 4 matic? looking for 36/12.

I got on vehicle with MSRP 77,550 ,$1500 off for total cost of 76,050.

for 36/10 they quoted me $1263.33 without tax and for 36/12 1283.77 without tax. Zero down for both terms.

Is it a fair deal? I am surprised with those low numbers..

What MF they are using? And what is going to be with 9.25% tax included??

.00163 MF and 57% residual for 36mo, 12K/yr

I get $1080+tax for 36mo, 12K/yr. Some big MF markups or a lot of extra charges in there to get it up an extra $200/mo.

robertzilla

Just checking to see if I got hosed in my deal or not:
2016 GLE 350
36 month / 12k
MSRP $57,715
GCC $48,089
Drive-off was 1st month, tax & tags.
Payment $588

Michaell

robertzilla said:

Just checking to see if I got hosed in my deal or not:
2016 GLE 350
36 month / 12k
MSRP $57,715
GCC $48,089
Drive-off was 1st month, tax & tags.
Payment $588

Looks pretty decent ... enjoy your new MB!

(BTW, that's a pretty healthy discount from sticker for a new model)

dewarsandsoda

Hello,
Can you please provide me with the RV and MF for a 2016 GLE450 AMG coupe?
- 24/10
- 24/12
- 27/10
- 27/12

What is the maximum number of MSDs that one can use for MBFS? How much does each MSD reduce the MF?

Cheers!

kyfdx

dewarsandsoda said:

Hello,
Can you please provide me with the RV and MF for a 2016 GLE450 AMG coupe?
- 24/10
- 24/12
- 27/10
- 27/12

What is the maximum number of MSDs that one can use for MBFS? How much does each MSD reduce the MF?

Cheers!

.00163 MF and 66%/65% residual for 24 months

No 27 month programs for Mercedes, this month.

Sorry, don't have the specifics for the MB MSD plan.

lambjere1

Hi - I am looking at a GLE 300D - curious if this is a good deal and was hoping to get the money factor / residuals.

MSRP: $63,755
Discount: $7,697
Tax: $3,378
Dealer Cost: $257
GCC: $59,693

$4,500 Out of Pocket at Lease Signing
36/12,000 - $703 Monthly Payment

Michaell

lambjere1 said:

Hi - I am looking at a GLE 300D - curious if this is a good deal and was hoping to get the money factor / residuals.

MSRP: $63,755
Discount: $7,697
Tax: $3,378
Dealer Cost: $257
GCC: $59,693

$4,500 Out of Pocket at Lease Signing
36/12,000 - $703 Monthly Payment

Standard MF and 60% for 36/12.

How is the $4500 being applied to the GCC?

lambjere1

Thanks for the quick response! For the $4,500 - $700 is being applied to the first month lease, doc fee is $200, and Acquisition Charge of $400, with the remainder going to capitalized cost reduction ($3,200).

I'm being told that the currently standard MF is .00200. Is there flexibility there or is this non-negotiable?

dewarsandsoda

Hello,
Can you please provide me with the RV and MF for a 2016 GLE350?
- 24/10
- 24/12
- 27/10
- 27/12
- 30/10
- 30/12

Cheers!

mts245

What do you think of this offer of 2016 SL550:
MSRP 108975
Negotiated to 100331 + 795 acq fee
36 mo/10,000
MF .00136
RV 57% (62116)
Monthly Payment $1428 (includes tax) with $1450 due at signing
Throwing in 3 free maintenance services

Michaell

lambjere1 said:

Thanks for the quick response! For the $4,500 - $700 is being applied to the first month lease, doc fee is $200, and Acquisition Charge of $400, with the remainder going to capitalized cost reduction ($3,200).

I'm being told that the currently standard MF is .00200. Is there flexibility there or is this non-negotiable?

Probably no wiggle room in the MF - we don't know the exact amount, but .00200 sounds about right.

lambjere1 said:

Thanks for the quick response! For the $4,500 - $700 is being applied to the first month lease, doc fee is $200, and Acquisition Charge of $400, with the remainder going to capitalized cost reduction ($3,200).

I'm being told that the currently standard MF is .00200. Is there flexibility there or is this non-negotiable?

I get $696/mo with those numbers; pretty close to your quote of $703/mo.

Michaell

dewarsandsoda said:

Hello,
Can you please provide me with the RV and MF for a 2016 GLE350?
- 24/10
- 24/12
- 27/10
- 27/12
- 30/10
- 30/12

Cheers!

.00104 MF

No 27 month program for the GLE.

24/12 residual is 64%
30/12 residual is 61%

Add 1% for 10K

Michaell

mts245 said:

What do you think of this offer of 2016 SL550:
MSRP 108975
Negotiated to 100331 + 795 acq fee
36 mo/10,000
MF .00136
RV 57% (62116)
Monthly Payment $1428 (includes tax) with $1450 due at signing
Throwing in 3 free maintenance services

Using those numbers, I get $1305/mo + tax.

What state is this and what is the tax rate?

mts245

I'm in Connecticut and have a tax rate of 6.35%

Michaell

mts245 said:

I'm in Connecticut and have a tax rate of 6.35%

Which takes the payment to $1388/mo.

Ask the dealer what the net cap cost is ... if higher than your selling price, ask the dealer what's been added.

KryptoTech

Can I please have this month's Residual and MF for 2016 GLE350 standard and 4Matic for 36 months/12k

Michaell

KryptoTech said:

Can I please have this month's Residual and MF for 2016 GLE350 standard and 4Matic for 36 months/12k

.00104 and 56%

sajayreddy

Hi Moderator, Is it common for dealers to tack on an additional .5% on top of the standard MF. I mean I was talking with a dealer and he said 2.496 (.00104 * 2400 = 2.496)+ .5 = 2.996% interest. Is this a common practice even if you have excellent credit?

Thanks.

kyfdx

sajayreddy said:

Hi Moderator, Is it common for dealers to tack on an additional .5% on top of the standard MF. I mean I was talking with a dealer and he said 2.496 (.00104 * 2400 = 2.496)+ .5 = 2.996% interest. Is this a common practice even if you have excellent credit?

Thanks.

Yes, it's typical. Your job as a shopper is to negotiate it back to the base amount.

dewarsandsoda

kyfdx said:

dewarsandsoda said:

Hello,
Can you please provide me with the RV and MF for a 2016 GLE450 AMG coupe?
- 24/10
- 24/12
- 27/10
- 27/12

What is the maximum number of MSDs that one can use for MBFS? How much does each MSD reduce the MF?

Cheers!

.00163 MF and 66%/65% residual for 24 months

No 27 month programs for Mercedes, this month.

Sorry, don't have the specifics for the MB MSD plan.

Thanks!

What are the 30/10 and 36/10 RV and MF's for the GLE 450 AMG coupe?

dewarsandsoda

Michaell said:

dewarsandsoda said:

Hello,
Can you please provide me with the RV and MF for a 2016 GLE350?
- 24/10
- 24/12
- 27/10
- 27/12
- 30/10
- 30/12

Cheers!

.00104 MF

No 27 month program for the GLE.

24/12 residual is 64%
30/12 residual is 61%

Add 1% for 10K

Thanks!

What are the RV/MF for 2016 GLE400 for 24/10, 30/10, and 36/10?

Cheers!

kyfdx

dewarsandsoda said:

kyfdx said:

dewarsandsoda said:

Hello,
Can you please provide me with the RV and MF for a 2016 GLE450 AMG coupe?
- 24/10
- 24/12
- 27/10
- 27/12

What is the maximum number of MSDs that one can use for MBFS? How much does each MSD reduce the MF?

Cheers!

.00163 MF and 66%/65% residual for 24 months

No 27 month programs for Mercedes, this month.

Sorry, don't have the specifics for the MB MSD plan.

Thanks!

What are the 30/10 and 36/10 RV and MF's for the GLE 450 AMG coupe?

.00163 MF and 62%/58% residual

kyfdx

dewarsandsoda said:

Michaell said:

dewarsandsoda said:

Hello,
Can you please provide me with the RV and MF for a 2016 GLE350?
- 24/10
- 24/12
- 27/10
- 27/12
- 30/10
- 30/12

Cheers!

.00104 MF

No 27 month program for the GLE.

24/12 residual is 64%
30/12 residual is 61%

Add 1% for 10K

Thanks!

What are the RV/MF for 2016 GLE400 for 24/10, 30/10, and 36/10?

Cheers!

Standard MF and 65%/62%/57% residual

bananaero

Hello,

Is there information available for:

2016 GLE 350 4 Matic and
2015 ML 350 4 Matic and
2016 GLE 400 4 Matic

36 months and 10k miles?

Is it better to lease a 2015 or 2016 and are there any incentives?

Thanks!

kyfdx

bananaero said:

Hello,

Is there information available for:

2016 GLE 350 4 Matic and
2015 ML 350 4 Matic and
2016 GLE 400 4 Matic

36 months and 10k miles?

Is it better to lease a 2015 or 2016 and are there any incentives?

Thanks!

2016 GLE 350 4 Matic
.00104 MF and 57% residual
2015 ML 350 4 Matic
.00099 MF and 56% residual
2016 GLE 400 4 Matic
Standard MF and 57% residual

We don't have incentive information, though I'm sure there are good deals to be had on the outgoing ML.

bananaero

Thanks! Do you have 24month residual for the ML350 4matic? Also mf and residual for ML400? 24 month and 36 months/10k?

kyfdx said:

bananaero said:

Hello,

Is there information available for:

2016 GLE 350 4 Matic and
2015 ML 350 4 Matic and
2016 GLE 400 4 Matic

36 months and 10k miles?

Is it better to lease a 2015 or 2016 and are there any incentives?

Thanks!

2016 GLE 350 4 Matic
.00104 MF and 57% residual
2015 ML 350 4 Matic
.00099 MF and 56% residual
2016 GLE 400 4 Matic
Standard MF and 57% residual

We don't have incentive information, though I'm sure there are good deals to be had on the outgoing ML.

Michaell

bananaero said:

Thanks! Do you have 24month residual for the ML350 4matic? Also mf and residual for ML400? 24 month and 36 months/10k?

kyfdx said:

bananaero said:

Hello,

Is there information available for:

2016 GLE 350 4 Matic and
2015 ML 350 4 Matic and
2016 GLE 400 4 Matic

36 months and 10k miles?

Is it better to lease a 2015 or 2016 and are there any incentives?

Thanks!

2016 GLE 350 4 Matic
.00104 MF and 57% residual
2015 ML 350 4 Matic
.00099 MF and 56% residual
2016 GLE 400 4 Matic
Standard MF and 57% residual

We don't have incentive information, though I'm sure there are good deals to be had on the outgoing ML.

ML350 24/10 - same MF and 63%
ML400 - standard MF and 63% / 56% residual

mikewembley

Currently negotiating a 2016 GLE400 in Mass

$73,260 MSRP
$64,560 Sale Price (after 12% discount of $8,700)
$0 down payment

36 months/7.5k or 10k miles
Sales tax 6.25%
Credit score 760+

I've read that the residual is 58% for 7.5k and 57% for 10k.

Any estimate on a monthly payment with and without interest?

hollandog

Do you have the number for GLE 350 4Matic 36/7.5k

kyfdx

mikewembley said:

Currently negotiating a 2016 GLE400 in Mass

$73,260 MSRP
$64,560 Sale Price (after 12% discount of $8,700)
$0 down payment

36 months/7.5k or 10k miles
Sales tax 6.25%
Credit score 760+

I've read that the residual is 58% for 7.5k and 57% for 10k.

Any estimate on a monthly payment with and without interest?

Standard MF and 58%/57% residual

You can't have a lease payment "without interest".

At .0022 MF and 58% residual, the payment would be $848/mo.+tax.

kyfdx

hollandog said:

Do you have the number for GLE 350 4Matic 36/7.5k

.00104 MF and 58% residual

mikewembley

kyfdx said:

mikewembley said:

Currently negotiating a 2016 GLE400 in Mass

$73,260 MSRP
$64,560 Sale Price (after 12% discount of $8,700)
$0 down payment

36 months/7.5k or 10k miles
Sales tax 6.25%
Credit score 760+

I've read that the residual is 58% for 7.5k and 57% for 10k.

Any estimate on a monthly payment with and without interest?

Standard MF and 58%/57% residual

You can't have a lease payment "without interest".

At .0022 MF and 58% residual, the payment would be $848/mo.+tax.

Thanks for the numbers.
When I said "without interest," I was asking if I could see the extrapolated numbers.
For example: 1. Monthly payment without tax and interest 2. Monthly tax 3. Monthly interest.

Just wanted to get an idea how you got to $848, since I don't have the "calculator"


Also, is the money factor of .0022 negotiable in any way? 5.28% seems high.