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Mercedes GLE 350 Lease Question

fangioderamo5fangioderamo5 Posts: 2
edited October 2015 in Mercedes-Benz
I'd appreciate any help in seeing if this is a decent deal on a GLE 350 as the car is new:
And is it worth prepaying for maintenance?

Thank you

MSRP: $57,570.00
SELLING PRICE: $51,300.00
TERM: 36 MONTHS
MILEAGE: 10000
DOWN PAYMENT: $5000.00(TOTAL OUT OF POCKET)
MONTHLY PAYMENT: $588.21 TAX INCLUDED

Answers

  • kyfdxkyfdx Everywhere, USAPosts: 122,984

    I'd appreciate any help in seeing if this is a decent deal on a GLE 350 as the car is new:
    And is it worth prepaying for maintenance?

    Thank you

    MSRP: $57,570.00
    SELLING PRICE: $51,300.00
    TERM: 36 MONTHS
    MILEAGE: 10000
    DOWN PAYMENT: $5000.00(TOTAL OUT OF POCKET)
    MONTHLY PAYMENT: $588.21 TAX INCLUDED

    .00104 MF and 57% residual

    To do the calculations, we would need to know your state/tax rate.

    Usually, if you purchase the maintenance program from Mercedes, they will add that amount to the the MSRP and residualize it. That is very cost-effective.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • California 9%

    I get $526 a month when I plug the numbers in, but I can't imagine they would come down that much. Am I missing some other costs?
  • kyfdxkyfdx Everywhere, USAPosts: 122,984

    California 9%

    I get $526 a month when I plug the numbers in, but I can't imagine they would come down that much. Am I missing some other costs?

    $795 for acquisition fee.. $600-$700 for title/registration/doc fee..

    It's always a good idea to ask for the CAP cost and a breakdown of your upfront money.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

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