2017 Mercedes Benz GLE-Class Lease Deals and Prices

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  • thulan1611thulan1611 Member Posts: 6
    Hi, this is gonna be my first lease ever. Please advise if this is a good deal. I live in Socal

    2017 GLE-350 4MATIC

    POLAR WHITE
    ESPRESSO BROWN
    PREMIUM 1
    RUNNING BOARDS
    HARMAN KARDON SOUND SYSTEM
    POPLAR WOOD TRIM

    MSRP------------------------------$60.325
    INVOICE-----------------------$56,908
    YOUR PRICE---------------$53,325
    MINIMUM DRIVE OFF-$1,160.35 (1ST PAYMENT AND LICENSE DMV) NOTHING ELSE DUE
    10,000 MILES PER YEAR
    3 YEAR LEASE

    $616.80 PLUS TAX
    TX-47.80 (7.755)
    TOTAL-$664.60
  • kcatl78kcatl78 Member Posts: 3
    Leasing a 2017 GLE 350 in Georgia with MSRP 63,270 (Premium Package 1 with Parking Pilot, Panorama Sunroof, and Saddle Brown Leather.
    CAP Cost is $58,270.
    Sales Tax: $2093.91
    Dealer/State Fees: $594
    Negative Equity on Trade: $4,000

    36 mo, 12k miles with $8000 down at $774/mo.

    They are telling me that MF is .00096 and RES is 54.00.

    Is this a bad deal? With 8k down to absorb the negative trade, I am concerned that the numbers seem a bit off. Maybe too much holdback?
  • thulan1611thulan1611 Member Posts: 6
    Can I have the number for Sep : 36 months 10k/12k both AWD and RW. Thanks
  • kyfdxkyfdx Moderator Posts: 200,953

    Hi, this is gonna be my first lease ever. Please advise if this is a good deal. I live in Socal

    2017 GLE-350 4MATIC

    POLAR WHITE
    ESPRESSO BROWN
    PREMIUM 1
    RUNNING BOARDS
    HARMAN KARDON SOUND SYSTEM
    POPLAR WOOD TRIM

    MSRP------------------------------$60.325
    INVOICE-----------------------$56,908
    YOUR PRICE---------------$53,325
    MINIMUM DRIVE OFF-$1,160.35 (1ST PAYMENT AND LICENSE DMV) NOTHING ELSE DUE
    10,000 MILES PER YEAR
    3 YEAR LEASE

    $616.80 PLUS TAX
    TX-47.80 (7.755)
    TOTAL-$664.60

    .00028 MF and 55% residual

    If I add in $1095 for the acquisition fee (marked up from $795), then I get the same payment.

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  • kyfdxkyfdx Moderator Posts: 200,953

    Can I have the number for Sep : 36 months 10k/12k both AWD and RW. Thanks

    AWD: .00028 MF and 55%/54% residual
    RWD: .00036 MF and 55%/54% residual

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  • kyfdxkyfdx Moderator Posts: 200,953
    kcatl78 said:

    Leasing a 2017 GLE 350 in Georgia with MSRP 63,270 (Premium Package 1 with Parking Pilot, Panorama Sunroof, and Saddle Brown Leather.
    CAP Cost is $58,270.
    Sales Tax: $2093.91
    Dealer/State Fees: $594
    Negative Equity on Trade: $4,000

    36 mo, 12k miles with $8000 down at $774/mo.

    They are telling me that MF is .00096 and RES is 54.00.

    Is this a bad deal? With 8k down to absorb the negative trade, I am concerned that the numbers seem a bit off. Maybe too much holdback?

    54% residual is correct for 36/12.
    The money factor is marked up from .00036, assuming RWD.
    Must be getting some sort of trade-in credit on the taxes. Otherwise, tax would be closer to $4000.

    You need the adjusted CAP cost. That's the number with everything added, and your downpayment subtracted.
    Not only is the money factor marked up, they haven't mentioned the $795 acquisition fee (probably marked up to $1095). There might be other items added that they haven't disclosed.

    The marked up money factor is adding $56/mo. to the deal.

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  • anonganong Member Posts: 3
    Can you please post the Sep. GLE350 MF and residual for 36mons/12k miles? Thanks.
  • MichaellMichaell ColoradoModerator Posts: 196,560
    anong said:

    Can you please post the Sep. GLE350 MF and residual for 36mons/12k miles? Thanks.

    RWD or 4Matic?

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  • anonganong Member Posts: 3
    It's 4 matic AWD.

    I just got a quote for 2017 GLE350 4matic.

    MSRP:60625; 12% off,
    MF=0.0003 after 4 MSD,
    36mon/12000miles, residual:54%.
    acquisition fee: $1025.
    Monthly payment: 635 (tax included) but NOT include doc fee, title fee and acquisition.

    Is it a reasonable deal?

    Thanks a lot.
  • MichaellMichaell ColoradoModerator Posts: 196,560
    anong said:

    It's 4 matic AWD.

    I just got a quote for 2017 GLE350 4matic.

    MSRP:60625; 12% off,
    MF=0.0003 after 4 MSD,
    36mon/12000miles, residual:54%.
    acquisition fee: $1025.
    Monthly payment: 635 (tax included) but NOT include doc fee, title fee and acquisition.

    Is it a reasonable deal?

    Thanks a lot.

    .00028 and 54%.

    Looks like the dealer marked up the MF, before applying the MSDs

    You should be able to use 3 MSDs to bring the MF down to .00007, but you may not get as big a discount from sticker.

    We suggest you add the doc fee and acquisition fee into the cap cost and make them part of the lease payment.

    What state and tax rate is this?

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  • anonganong Member Posts: 3
    Thank you, it's MA with 6.25% tax.
  • zdizekzdizek Member Posts: 32
    edited September 2017
    New York 15,000 mile 3 year lease. Selling price: 54,405, aftermarkets: 1,675, customer cash 4,289, balloon/residual: 32,208, rate or money factor: .00018...

    MSRP looks to be 59,540 or 60,465 if you include destination.

    Says that lease includes MB prepaid maintenance for 40,000 miles/4 years.

    Payment $679

    Is this a good deal? It is my first lease and the salesmans first offer. I work for Allstate who has an affiliation discount also so I am not sure if that is included in this or not or how much it actually saves.
  • MichaellMichaell ColoradoModerator Posts: 196,560
    zdizek said:

    New York 15,000 mile 3 year lease. Selling price: 54,405, aftermarkets: 1,675, customer cash 4,289, balloon/residual: 32,208, rate or money factor: .00018...

    MSRP looks to be 59,540 or 60,465 if you include destination.

    Says that lease includes MB prepaid maintenance for 40,000 miles/4 years.

    Payment $679

    Is this a good deal? It is my first lease and the salesmans first offer. I work for Allstate who has an affiliation discount also so I am not sure if that is included in this or not or how much it actually saves.

    .00028 and 52%; I assume you are using AutoPay, which reduces the MF to .00018

    How much is due at signing?

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  • zdizekzdizek Member Posts: 32
    I asked what is due at signing and he said $4,289. I asked if that is all that is owed at signing, no other costs/fees and he said "yes".  

    Michaell said:
    New York 15,000 mile 3 year lease. Selling price: 54,405, aftermarkets: 1,675, customer cash 4,289, balloon/residual: 32,208, rate or money factor: .00018... MSRP looks to be 59,540 or 60,465 if you include destination. Says that lease includes MB prepaid maintenance for 40,000 miles/4 years. Payment $679 Is this a good deal? It is my first lease and the salesmans first offer. I work for Allstate who has an affiliation discount also so I am not sure if that is included in this or not or how much it actually saves.
    .00028 and 52%; I assume you are using AutoPay, which reduces the MF to .00018 How much is due at signing?

  • MichaellMichaell ColoradoModerator Posts: 196,560
    zdizek said:


    I asked what is due at signing and he said $4,289. I asked if that is all that is owed at signing, no other costs/fees and he said "yes".  

    Michaell said:

    zdizek said:

    New York 15,000 mile 3 year lease. Selling price: 54,405, aftermarkets: 1,675, customer cash 4,289, balloon/residual: 32,208, rate or money factor: .00018...

    MSRP looks to be 59,540 or 60,465 if you include destination.

    Says that lease includes MB prepaid maintenance for 40,000 miles/4 years.

    Payment $679

    Is this a good deal? It is my first lease and the salesmans first offer. I work for Allstate who has an affiliation discount also so I am not sure if that is included in this or not or how much it actually saves.

    .00028 and 52%; I assume you are using AutoPay, which reduces the MF to .00018

    How much is due at signing?



    That's a lot of up front cash; ask them for a breakdown.

    We suggest you only pay the first payment and DMV or registration costs when you sign the paperwork; add all the other taxes and fees into the lease payment.

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  • zdizekzdizek Member Posts: 32
    Getting that info now. Based on the info provided do you think it is a fair deal? I appreciate all of your assistance and help so far!
  • zdizekzdizek Member Posts: 32
    Upfront charges:

    Total cap reduction: $0
    Advance Payment: $679
    Security Deposit: $0
    Doc Fee: $75
    Upfront Fees: $295
    Upfront Taxes: $2,145
    Other Upfront Charges: $1,095

    Initial Payment: $4,289

    If I want the fees included it would be $786.20/month.
  • MichaellMichaell ColoradoModerator Posts: 196,560
    zdizek said:

    Upfront charges:

    Total cap reduction: $0
    Advance Payment: $679
    Security Deposit: $0
    Doc Fee: $75
    Upfront Fees: $295
    Upfront Taxes: $2,145
    Other Upfront Charges: $1,095

    Initial Payment: $4,289

    If I want the fees included it would be $786.20/month.

    zdizek said:

    Upfront charges:

    Total cap reduction: $0
    Advance Payment: $679
    Security Deposit: $0
    Doc Fee: $75
    Upfront Fees: $295
    Upfront Taxes: $2,145
    Other Upfront Charges: $1,095

    Initial Payment: $4,289

    If I want the fees included it would be $786.20/month.

    The "other upfront charges" is the acquisition fee, which has been marked up from $795

    Add that and the upfront taxes to the adjusted cap cost.

    Your payment will go up, but your out of pocket will go way down (right around $1000)

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  • trabd123trabd123 Member Posts: 55
    Hello, what's the MF and RV for 2018 GLE350 4matic? 36/7500 miles. Thanks
  • MichaellMichaell ColoradoModerator Posts: 196,560
    trabd123 said:

    Hello, what's the MF and RV for 2018 GLE350 4matic? 36/7500 miles. Thanks

    The just created 2018 GLE lease thread is here:

    https://forums.edmunds.com/discussion/47074/mercedes-benz/gle-class/2018-mercedes-gle-class-lease-deals-and-prices/p1?new=1

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  • jiggajattjiggajatt Member Posts: 42
    Hello 
    Can i get the lease numbers for a 2017 GLE350 RWD and AWD
    36/12
    36/15 
    Houston TX 77070 
  • MichaellMichaell ColoradoModerator Posts: 196,560
    jiggajatt said:

    Hello 
    Can i get the lease numbers for a 2017 GLE350 RWD and AWD
    36/12
    36/15 
    Houston TX 77070 

    RWD - .00036 and 54% / 52%
    4Matic - .00028 and 54% / 52%

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  • leaselooker1leaselooker1 Member Posts: 16
    edited September 2017
    Hello, can you please help with the following:

    2017 GLE350 4matic, 30 months, 10,000 miles - not sure if the 30 month program exists anymore
    2017 GLE350 4matic, 36 months, 10,000 miles

    Also, what is the non-marked up acquisition fee

    Thank you for your time and help in advance.
  • twinlabstwinlabs Member Posts: 37
    what is money factor and residual for '17 GLE350 4matic, Ohio

    4 years/20k miles
    3 years/20k miles
  • kyfdxkyfdx Moderator Posts: 200,953

    Hello, can you please help with the following:

    2017 GLE350 4matic, 30 months, 10,000 miles - not sure if the 30 month program exists anymore
    2017 GLE350 4matic, 36 months, 10,000 miles

    Also, what is the non-marked up acquisition fee

    Thank you for your time and help in advance.

    .00028 MF and 57%/55% residual for 30/36 months

    $795 acquisition fee. Dealer can mark it up by $300

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  • kyfdxkyfdx Moderator Posts: 200,953
    twinlabs said:

    what is money factor and residual for '17 GLE350 4matic, Ohio

    4 years/20k miles
    3 years/20k miles

    The highest mileage allowance we have is 15K/yr
    39%/52% residual for 48/36 months, 15K/yr
    .00028 MF

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  • leaselooker1leaselooker1 Member Posts: 16
    kyfdx said:

    Hello, can you please help with the following:

    2017 GLE350 4matic, 30 months, 10,000 miles - not sure if the 30 month program exists anymore
    2017 GLE350 4matic, 36 months, 10,000 miles

    Also, what is the non-marked up acquisition fee

    Thank you for your time and help in advance.

    .00028 MF and 57%/55% residual for 30/36 months

    $795 acquisition fee. Dealer can mark it up by $300
    Thank you
  • martier1martier1 Member Posts: 8
    I'm in Ohio and this is the deal I got. I cannot figure out this math. It just isn't adding up.
    Ohio taxes at 8%
    Msrp: 65,280
    Disc: 5264
    Tax, dmv, and doc fee: 65,155
    Residual 35,251.20

    Due at signing: $1000 and payment 789
    12k/36 months
    1095 acquisition fee

    2017 GLE 350 4matic
  • MichaellMichaell ColoradoModerator Posts: 196,560
    martier1 said:

    I'm in Ohio and this is the deal I got. I cannot figure out this math. It just isn't adding up.
    Ohio taxes at 8%
    Msrp: 65,280
    Disc: 5264
    Tax, dmv, and doc fee: 65,155
    Residual 35,251.20

    Due at signing: $1000 and payment 789
    12k/36 months
    1095 acquisition fee

    2017 GLE 350 4matic

    .00026 and 54%

    Ohio taxes the sum of the payments; likely they are added into the adjusted cap cost.

    But, that's just a guess; I'd ask for the specific breakdown of how the dealer got from the $60,016 selling price to the $65,155 price.

    Acquisition fee is marked up from $795; is that being added in to the lease payment, as well?

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  • kyfdxkyfdx Moderator Posts: 200,953
    martier1 said:

    I'm in Ohio and this is the deal I got. I cannot figure out this math. It just isn't adding up.
    Ohio taxes at 8%
    Msrp: 65,280
    Disc: 5264
    Tax, dmv, and doc fee: 65,155
    Residual 35,251.20

    Due at signing: $1000 and payment 789
    12k/36 months
    1095 acquisition fee

    2017 GLE 350 4matic

    Just because the dealer shows a "total" price, that doesn't mean it's the actual adjusted CAP cost.
    Plenty of dealers will show the retail price,as though it was a sale, then show the monthly lease terms separately, without any itemization of how they came up with the numbers.

    Ask for the adjusted CAP cost

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  • martier1martier1 Member Posts: 8
    The adjusted CAP Cost is 63331.02
  • martier1martier1 Member Posts: 8
    Adjusted Cap Cost: 60016 + 283.50 DMV + 1095 Acquisition = 63518.30
    Then Cash Down = 187.28
    with a Adjusted Cap Cost of 6331.02

  • martier1martier1 Member Posts: 8
    What confuses me is that tax amount is not correct. It's all weird math. My tax rate would be 8% on the adjusted cap, correct?
  • MichaellMichaell ColoradoModerator Posts: 196,560
    martier1 said:

    What confuses me is that tax amount is not correct. It's all weird math. My tax rate would be 8% on the adjusted cap, correct?

    Your tax rate of 8% is applied against the sum of the payments, not the adjusted cap cost.

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  • martier1martier1 Member Posts: 8
    Thanks Michaell! Now it's adding up. Appreciate the help.
  • keenengkeeneng Member Posts: 7
    Need MF, RV for a GLE 43 with 12k/36mo in SE Florida
  • MichaellMichaell ColoradoModerator Posts: 196,560
    keeneng said:

    Need MF, RV for a GLE 43 with 12k/36mo in SE Florida

    SUV or Coupe?

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  • keenengkeeneng Member Posts: 7
    edited September 2017
    Coupe. Also need for 2018
  • MichaellMichaell ColoradoModerator Posts: 196,560
    keeneng said:

    Need MF, RV for a GLE 43 with 12k/36mo in SE Florida

    keeneng said:

    Coupe. Also need for 2018

    .00089 and 51%

    2018 GLE-class lease thread is here:

    https://forums.edmunds.com/discussion/47074/mercedes-benz/gle-class/2018-mercedes-gle-class-lease-deals-and-prices#latest

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  • lola0211lola0211 Member Posts: 6
    Good afternoon all,

    Do you have the number for October on a GLE350 36 months / 10K miles.

    Have a pleasant day.
  • kyfdxkyfdx Moderator Posts: 200,953
    lola0211 said:

    Good afternoon all,

    Do you have the number for October on a GLE350 36 months / 10K miles.

    Have a pleasant day.

    RWD or AWD?

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  • lola0211lola0211 Member Posts: 6
    Both if possible. Thank you.
  • lola0211lola0211 Member Posts: 6
    Is there any incentive from Mercedes financial on the 2017? Thanks in advance.
  • MichaellMichaell ColoradoModerator Posts: 196,560
    lola0211 said:

    Good afternoon all,

    Do you have the number for October on a GLE350 36 months / 10K miles.

    Have a pleasant day.

    lola0211 said:

    Both if possible. Thank you.

    lola0211 said:

    Is there any incentive from Mercedes financial on the 2017? Thanks in advance.

    55% and .00036 (RWD) or .00028 (4Matic)

    No incentive information

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  • lola0211lola0211 Member Posts: 6
    Thanks for the info. Your guys are amazing.
  • bayman48bayman48 Member Posts: 27
    Can i get the MF and RV for a 2017 GLE 550e? 36mo/10k
  • kyfdxkyfdx Moderator Posts: 200,953
    bayman48 said:

    Can i get the MF and RV for a 2017 GLE 550e? 36mo/10k

    .00121 MF and 48% residual

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  • peckstarpeckstar Member Posts: 7
    Can you please provide the October numbers for 2017 GLE 350 AWD 10 and 12 K in CT...any incentives for the outgoing model ? Thanks
  • kyfdxkyfdx Moderator Posts: 200,953
    peckstar said:

    Can you please provide the October numbers for 2017 GLE 350 AWD 10 and 12 K in CT...any incentives for the outgoing model ? Thanks

    .00028 MF and 55%/54% residual for 36 months.

    We don't have the incentive information

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  • inleaseinlease Member Posts: 1
    Hey y’all. Anyone have an info on what lease numbers should look like for loaners? I have a deal for a 2017 GLE 350 loaner with 4K miles on it. They are offering me 16% off MSRP, .00028 money factor, and keeping the residual at 54% for 36/12k. Is this a good deal? What kind of discount should I expect on loaners? 
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