2017 Mercedes Benz GLE-Class Lease Deals and Prices

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Comments

  • whichluxurycarwhichluxurycar Member Posts: 53
    Guys - can anyone tell me what the cost of GLE 3 years/30 maintenance plan is supposed to be? Thanks!
  • kyfdxkyfdx Moderator Posts: 200,528
    neorose said:

    Could you share the MF and residual for both the 2017 AWD and RWD GLE 350 for 36/12k and 42/12k.
    thank you.

    AWD: .00047 MF and 55%/47% residual
    RWD: .00055 MF and 55%/48% residual

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  • kyfdxkyfdx Moderator Posts: 200,528

    Guys - can anyone tell me what the cost of GLE 3 years/30 maintenance plan is supposed to be? Thanks!

    Sorry, we don't have that information.

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  • superxysuperxy Member Posts: 7
    Could you share the MF and residual for both 2017 AWD and RWD GLE350 for 36/10k.
    thank you.
  • MichaellMichaell ColoradoModerator Posts: 196,121
    superxy said:

    Could you share the MF and residual for both 2017 AWD and RWD GLE350 for 36/10k.
    thank you.

    56% and .00055 (RWD) or .00047 (AWD)

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  • leenammleenamm Member Posts: 1
    Hi, I am in a market to lease a 2017 GLE 350 and this is the lowest I've been quoted so far, please let me know if it's a good deal or not... I appreciate your help in advance.

    Background - It's a demo/loaner car never been titled but with 6000 miles on it.
    MSRP $60295
    Discount: $8000
    Selling Price: $52295
    Document Prep Fee: $150
    License/Title: $140
    Inspection: $53
    Acquisition fee: $1095
    Tax: $2020
    Total Cap: $55755
    Down Payment: $2000
    Adjusted Net Cap: $53755

    Rate: 0.0008
    Residual: 55%

    36 months/ 12k miles
    Monthly Payment: $641

    Does it seem like a reasonable deal? It's a "used" car with 6k miles on it so I am hoping to negotiate a good deal, thanks.
  • kyfdxkyfdx Moderator Posts: 200,528
    leenamm said:

    Hi, I am in a market to lease a 2017 GLE 350 and this is the lowest I've been quoted so far, please let me know if it's a good deal or not... I appreciate your help in advance.

    Background - It's a demo/loaner car never been titled but with 6000 miles on it.
    MSRP $60295
    Discount: $8000
    Selling Price: $52295
    Document Prep Fee: $150
    License/Title: $140
    Inspection: $53
    Acquisition fee: $1095
    Tax: $2020
    Total Cap: $55755
    Down Payment: $2000
    Adjusted Net Cap: $53755

    Rate: 0.0008
    Residual: 55%

    36 months/ 12k miles
    Monthly Payment: $641

    Does it seem like a reasonable deal? It's a "used" car with 6k miles on it so I am hoping to negotiate a good deal, thanks.

    If the demo qualifies for new car rates, then the money factor has been marked up.
    The acquisition fee has been marked up from the $795 base amount.
    Not sure about the selling price, but $8000 might not be enough of a discount for a demo.

    All that said, $2000 due at signing and $641/mo. isn't a bad payment for a $60K MSRP vehicle.
    But, you might be able to do better.

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  • superxysuperxy Member Posts: 7
    Is this a good deal for 2017 GLE350?

    2017 GLE350 P01 package
    MSRP: $56985
    Selling price: $49400
    36mon/10K miles
    56% residual, MF=0.00055
    $483 registration/license fees for the first year;
    $1424: banks acquisition fee ($1095) Documentation Fee ($80) and Safeguard (
    $249).

    $580 monthly, and $2600 due at sign.
  • zodi1zodi1 Member Posts: 39
    Hello, could you please post the MF and Residual on a 2017 GLE RWD for Texas, 36M/10K miles. MSRP $59,150, offered at $56,513, Dealer won't put in an email, MF or residual until deal is actually worked so I cant shop it? I was expecting 10% off the MSRP since the 2018 are around the corner, are my expectation out of line for the Dallas Market?

    Also if I go into a purchase instead what is the base interest rate for 72M? MB is listing 4.99 for 72M

    Thanks a lot.
  • MichaellMichaell ColoradoModerator Posts: 196,121
    superxy said:

    Is this a good deal for 2017 GLE350?

    2017 GLE350 P01 package
    MSRP: $56985
    Selling price: $49400
    36mon/10K miles
    56% residual, MF=0.00055
    $483 registration/license fees for the first year;
    $1424: banks acquisition fee ($1095) Documentation Fee ($80) and Safeguard (
    $249).

    $580 monthly, and $2600 due at sign.

    I confirm the MF and residual.

    I get $531/mo plus tax with those numbers.

    What state and tax rate? I'm guessing CA due to the $80 doc fee.

    Acquisition fee is marked up from the base of $795.

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  • MichaellMichaell ColoradoModerator Posts: 196,121
    zodi1 said:

    Hello, could you please post the MF and Residual on a 2017 GLE RWD for Texas, 36M/10K miles. MSRP $59,150, offered at $56,513, Dealer won't put in an email, MF or residual until deal is actually worked so I cant shop it? I was expecting 10% off the MSRP since the 2018 are around the corner, are my expectation out of line for the Dallas Market?

    Also if I go into a purchase instead what is the base interest rate for 72M? MB is listing 4.99 for 72M

    Thanks a lot.

    .00055 and 56% for 36/10

    If you look at the post above yours, you'll see that they are being offered 13% off sticker. Might pay to check other MB dealers in the Metroplex.

    As is, your prices result in a payment of $699/mo, before taxes and fees - and, Texas taxes the entire selling price, making leasing much more expensive.

    No information on purchase interest rates; again, check with multiple dealers to see if the 4.99% is consistent

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  • superxysuperxy Member Posts: 7

    Michaell said:

    Is this a good deal for 2017 GLE350?

    2017 GLE350 P01 package
    MSRP: $56985
    Selling price: $49400
    36mon/10K miles
    56% residual, MF=0.00055
    $483 registration/license fees for the first year;
    $1424: banks acquisition fee ($1095) Documentation Fee ($80) and Safeguard (
    $249).

    $580 monthly, and $2600 due at sign.


    I confirm the MF and residual.

    I get $531/mo plus tax with those numbers.

    What state and tax rate? I'm guessing CA due to the $80 doc fee.

    Acquisition fee is marked up from the base of $795.


    Yes, this is CA and damn tax rate 9.75%.
  • MichaellMichaell ColoradoModerator Posts: 196,121
    superxy said:



    Michaell said:


    superxy said:

    Is this a good deal for 2017 GLE350?



    2017 GLE350 P01 package

    MSRP: $56985

    Selling price: $49400

    36mon/10K miles

    56% residual, MF=0.00055

    $483 registration/license fees for the first year;

    $1424: banks acquisition fee ($1095) Documentation Fee ($80) and Safeguard (

    $249).



    $580 monthly, and $2600 due at sign.



    I confirm the MF and residual.



    I get $531/mo plus tax with those numbers.



    What state and tax rate? I'm guessing CA due to the $80 doc fee.



    Acquisition fee is marked up from the base of $795.


    Yes, this is CA and damn tax rate 9.75%.

    $580/mo seems about right, then.

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  • zodi1zodi1 Member Posts: 39
    Thanks a lot Michaell, will update on what transpires, they want to make a deal today end of month :-)
  • superxysuperxy Member Posts: 7
    banks acquisition fee ($1095) can be negotiated? and Safeguard ($249) is collected for car?
  • MichaellMichaell ColoradoModerator Posts: 196,121
    superxy said:

    banks acquisition fee ($1095) can be negotiated? and Safeguard ($249) is collected for car?

    Base acquisition fee is $795; should be negotiated.

    No information on Safeguard.

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  • zodi1zodi1 Member Posts: 39
    Hi Michaell;

    So I ended up leasing an executive demo with 5K miles on it, please check it out and let me know if I did good or terrible since this is my first lease, it was quiet treacherous working with the finance guy, he would not negotiate the inflated the acquisition fee, or know down the MF with Autopay to lower the MF by 0.00010. I wonder if I can get that setup with MBFS later on or not? I have attached the lease deal.

    Thanks in advance.

    2017 GLE350 4MATIC
    MSRP: $65,790
    MF .00055 and 56% for 36/10
    Texas

  • kyfdxkyfdx Moderator Posts: 200,528
    zodi1 said:

    Hi Michaell;

    So I ended up leasing an executive demo with 5K miles on it, please check it out and let me know if I did good or terrible since this is my first lease, it was quiet treacherous working with the finance guy, he would not negotiate the inflated the acquisition fee, or know down the MF with Autopay to lower the MF by 0.00010. I wonder if I can get that setup with MBFS later on or not? I have attached the lease deal.

    Thanks in advance.

    2017 GLE350 4MATIC
    MSRP: $65,790
    MF .00055 and 56% for 36/10
    Texas

    So, the only "money" out of pocket is your $3460 of trade equity, right?
    Looks like you got a big discount and $3000 of rebates. I'd say it's a pretty good deal. Also, tax credits too, looking at that low sales tax number?

    Doubt you can do anything about autopay, now. But, it won't hurt to ask them, once you start getting payment notices.

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  • zodi1zodi1 Member Posts: 39
    Thanks for reviewing the deal! Yeah, the only cash down is the $3460. The low tax is due to the trade allowance of $33K in Texas we pay tax on the delta only. So For a demo, this is pretty good vs.a 0 miles one?
    Thanks.
  • nyccarguynyccarguy Stamford, CTMember Posts: 15,046
    Hey guys! Can you help me out with leasing info on a 2017 GLE 350 4Matic? 36 or 39 months with 10K per year. Any lease cash available? Thanks! It's for my sister!

    2001 Prelude Type SH, 2017 Pilot Touring AWD, 2019 Tacoma TRD Sport 4WD

  • MichaellMichaell ColoradoModerator Posts: 196,121
    nyccarguy said:

    Hey guys! Can you help me out with leasing info on a 2017 GLE 350 4Matic? 36 or 39 months with 10K per year. Any lease cash available? Thanks! It's for my sister!

    No 39 month program from MB

    36/10 - .00047 and 56%

    No information on incentives.

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  • goboatinggoboating Member Posts: 10
    Appreciate your assistance in advance. I am considering a 2017 new and 2017 demo GLE 350 4Matic in Massachusetts by end of May. New MSRP $59,875, or Pre-Owned original MSRP $66,505 with 5,200 miles.

    What would be the residual value and money factor for leasing either, 36m/10K in May? I am leasing to buy as well, just want to reduced payments for next 3 years and then buy-out.

    My target is 14% to 15% off MSRP from reading recent posts (and 2018's are around the corner), plus an additional $3K discount for the pre-owned? Any thoughts?

    From leasehackr appears using auto-pay plus 6 MSD, the effective interest rate is nearly zero, is that really possible?

    Thanks!
  • kyfdxkyfdx Moderator Posts: 200,528
    goboating said:

    Appreciate your assistance in advance. I am considering a 2017 new and 2017 demo GLE 350 4Matic in Massachusetts by end of May. New MSRP $59,875, or Pre-Owned original MSRP $66,505 with 5,200 miles.

    What would be the residual value and money factor for leasing either, 36m/10K in May? I am leasing to buy as well, just want to reduced payments for next 3 years and then buy-out.

    My target is 14% to 15% off MSRP from reading recent posts (and 2018's are around the corner), plus an additional $3K discount for the pre-owned? Any thoughts?

    From leasehackr appears using auto-pay plus 6 MSD, the effective interest rate is nearly zero, is that really possible?

    Thanks!

    .00047 MF and 56% residual for either.
    The demo will have the residual adjusted downward to account for the current mileage.
    Whether you can use a reduced MSD rate with this lease program is up for debate. It seems to depend on the dealer.

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  • sigo8268sigo8268 Member Posts: 27
    Hello,

    Can I have MF and RV for 2017 GLE43 Coupe, 36/12, socal?

    Thanks.
  • kyfdxkyfdx Moderator Posts: 200,528
    sigo8268 said:

    Hello,

    Can I have MF and RV for 2017 GLE43 Coupe, 36/12, socal?

    Thanks.

    .00107 MF and 52% residual

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  • zodi1zodi1 Member Posts: 39
    Hi goboating,

    The numbers from leasehackr.com don't quiet add up, I plugged in all the number from my deal and I got $391/M with $6,594 driver out. I ended up with a $610, and $6K driver out! If someone from the experienced advisors can try out that calculator and give us their opinion it would be great! I got sucked into the lease because that darn calculator was showing a crazy payment before MSD! Rebate wise, I used Fleet + special perks.
  • lease17lease17 Member Posts: 10
    is the residual value the same in all locations (state, city, zip, etc.)?
  • kyfdxkyfdx Moderator Posts: 200,528
    lease17 said:

    is the residual value the same in all locations (state, city, zip, etc.)?

    Yes... money factors and residuals are nationwide for MBFS.

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  • lease17lease17 Member Posts: 10

    kyfdx said:

    is the residual value the same in all locations (state, city, zip, etc.)?


    Yes... money factors and residuals are nationwide for MBFS.


    Thank you kyfdx. May I ask you for this month (may) MF and residual for a 2017 GLE350 (no 4matic) 7,5/36 and 10/36. Much appreciated 
  • kyfdxkyfdx Moderator Posts: 200,528
    lease17 said:



    kyfdx said:


    is the residual value the same in all locations (state, city, zip, etc.)?


    Yes... money factors and residuals are nationwide for MBFS.


    Thank you kyfdx. May I ask you for this month (may) MF and residual for a 2017 GLE350 (no 4matic) 7,5/36 and 10/36. Much appreciated 


    .00055 MF and 57%/56% residual

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  • lease17lease17 Member Posts: 10

    kyfdx said:



    kyfdx said:


    is the residual value the same in all locations (state, city, zip, etc.)?




    Yes... money factors and residuals are nationwide for MBFS.




    Thank you kyfdx. May I ask you for this month (may) MF and residual for a 2017 GLE350 (no 4matic) 7,5/36 and 10/36. Much appreciated 


    .00055 MF and 57%/56% residual


    You are the best!  Does GLE350 4matic holds a better value? Or it doesn't worth upgrading 
  • MichaellMichaell ColoradoModerator Posts: 196,121
    lease17 said:



    kyfdx said:


    lease17 said:




    kyfdx said:



    is the residual value the same in all locations (state, city, zip, etc.)?




    Yes... money factors and residuals are nationwide for MBFS.




    Thank you kyfdx. May I ask you for this month (may) MF and residual for a 2017 GLE350 (no 4matic) 7,5/36 and 10/36. Much appreciated 


    .00055 MF and 57%/56% residual



    You are the best!  Does GLE350 4matic holds a better value? Or it doesn't worth upgrading 

    Residuals are the same for 4Matic, but the MF drops to .00047

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  • MichaellMichaell ColoradoModerator Posts: 196,121
    zodi1 said:

    Hi goboating,

    The numbers from leasehackr.com don't quiet add up, I plugged in all the number from my deal and I got $391/M with $6,594 driver out. I ended up with a $610, and $6K driver out! If someone from the experienced advisors can try out that calculator and give us their opinion it would be great! I got sucked into the lease because that darn calculator was showing a crazy payment before MSD! Rebate wise, I used Fleet + special perks.

    We don't use on-line calculators - there is the possibility of assumptions being made that are hidden from the users.

    We suggest you build your own calculator, using the instructions here:

    https://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html

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  • goboatinggoboating Member Posts: 10
    @ Zodi1 and Michaell - Thanks for your inputs!

    I just came from dealer, did not try to close a deal, but rather validate lease numbers. For the GLE 350 4Matic, 36/10K, the MF of .0047 and RV of 56% was same at dealer (thanks to board for providing!).

    Dealer will apply .001 autopay, and .0007 per security deposit. My calculations show using 5 security deposits results a nice savings with 14% annual return on security deposits.

    I am shooting for $13K (19.5%) discount on the demo car with 5K miles - I think that would a good deal.

    Michaell - thanks for link to building my own lease calculator, very helpful.

    Any other advise is welcome to get a good deal on demo with 5K and $66,500 MSRP.

    Thanks.
  • lease17lease17 Member Posts: 10

    goboating said:

    @ Zodi1 and Michaell - Thanks for your inputs!

    I just came from dealer, did not try to close a deal, but rather validate lease numbers. For the GLE 350 4Matic, 36/10K, the MF of .0047 and RV of 56% was same at dealer (thanks to board for providing!).

    Dealer will apply .001 autopay, and .0007 per security deposit. My calculations show using 5 security deposits results a nice savings with 14% annual return on security deposits.

    I am shooting for $13K (19.5%) discount on the demo car with 5K miles - I think that would a good deal.

    Michaell - thanks for link to building my own lease calculator, very helpful.

    Any other advise is welcome to get a good deal on demo with 5K and $66,500 MSRP.

    Thanks.


    Great info!!  Does any one know if you pay taxes for MSD (Multiple Security Deposits) in Florida?

    Also, I think autopay is 0.0001 and that each MSD gives you 0.00007 (maximum 10). Please confirm 
  • goboatinggoboating Member Posts: 10
    typo on my part missing a zero after decimal point...0.00047 (36/10K), 0.0001 for Autopay, 0.00007 per Security Deposit. With this, I presume the max # of security deposits is 5, after which MF goes negative
  • lease17lease17 Member Posts: 10


    goboating said:


    typo on my part missing a zero after decimal point...0.00047 (36/10K), 0.0001 for Autopay, 0.00007 per Security Deposit. With this, I presume the max # of security deposits is 5, after which MF goes negative

    any comment on taxes?

  • MichaellMichaell ColoradoModerator Posts: 196,121
    lease17 said:




    goboating said:



    typo on my part missing a zero after decimal point...0.00047 (36/10K), 0.0001 for Autopay, 0.00007 per Security Deposit. With this, I presume the max # of security deposits is 5, after which MF goes negative

    any comment on taxes?

    No taxes on MSD monies.

    @goboating - MBFS may impose a minimum MF, so 5 MSDs may not be possible.

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  • kcdublinkcdublin Member Posts: 42
    Hi,

    What are May numbers for GLE 350 AWD for 24 and 36 months 10K miles per year lease? 

    Same for GLE 43 coupe. 

    Thanks
  • kyfdxkyfdx Moderator Posts: 200,528
    kcdublin said:

    Hi,

    What are May numbers for GLE 350 AWD for 24 and 36 months 10K miles per year lease? 

    Same for GLE 43 coupe. 

    Thanks

    .00047 MF and 62%/56% residual
    .00107 MF and 59%/53% residual

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  • lease17lease17 Member Posts: 10
    Does any one know dealer's fee in South Florida for GLE350?
  • kyfdxkyfdx Moderator Posts: 200,528
    lease17 said:

    Does any one know dealer's fee in South Florida for GLE350?

    Dealers are free to charge whatever they want for dealer/document fees in Florida. They seem especially onerous, there.

    We've seen $399, all the way up to $999.
    Always ask for the fee, before negotiating price. That way, you can incorporate it into your offer.

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  • zodi1zodi1 Member Posts: 39
    Thanks Michael for the how to calculate your own lease lease. Could you run my deal several threads above and figure out the MF that they hit me with please? Running my own numbers I don't get .00055 MF.
  • MichaellMichaell ColoradoModerator Posts: 196,121
    zodi1 said:

    Thanks Michael for the how to calculate your own lease lease. Could you run my deal several threads above and figure out the MF that they hit me with please? Running my own numbers I don't get .00055 MF.

    .00055 is the base MF for the GLE350 RWD.

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  • zodi1zodi1 Member Posts: 39
    Thanks Michael;

    When I run the numbers using the make your own calculator you had pointed out, I don't get .00055 on the MF?
    "Add the adjusted capitalized cost and the residual value then Take the sum and multiply it by money factor. This is your monthly rent charge:

    From the work sheet: ($53,818.32 + $36,895.60) * MF .00055 = $49.8923 (Rent Charge) * 36/Month = $1796.1237. However the dealer work sheet shows $5062.12 in rent charge? Did I miss something, or did I get scammed in the paper work?

    Thanks.
  • MichaellMichaell ColoradoModerator Posts: 196,121
    zodi1 said:

    Thanks Michael;

    When I run the numbers using the make your own calculator you had pointed out, I don't get .00055 on the MF?
    "Add the adjusted capitalized cost and the residual value then Take the sum and multiply it by money factor. This is your monthly rent charge:

    From the work sheet: ($53,818.32 + $36,895.60) * MF .00055 = $49.8923 (Rent Charge) * 36/Month = $1796.1237. However the dealer work sheet shows $5062.12 in rent charge? Did I miss something, or did I get scammed in the paper work?

    Thanks.

    To get the payment on your sheet, the MF is set to .00155. Inflated for extra profit.

    That assumes the MSRP is $65,885.

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  • zodi1zodi1 Member Posts: 39
    Wow, he showed me the worksheet with 0.00055, and used 0.00155 to figure out the rate! Will have to go back to him and see what can be done. Thanks for the prompt response Michaell.
  • lease17lease17 Member Posts: 10

    zodi1 said:

    Thanks Michael;

    When I run the numbers using the make your own calculator you had pointed out, I don't get .00055 on the MF?
    "Add the adjusted capitalized cost and the residual value then Take the sum and multiply it by money factor. This is your monthly rent charge:

    From the work sheet: ($53,818.32 + $36,895.60) * MF .00055 = $49.8923 (Rent Charge) * 36/Month = $1796.1237. However the dealer work sheet shows $5062.12 in rent charge? Did I miss something, or did I get scammed in the paper work?

    Thanks.


    Did you have to pay anything else or your total Out of Pocket was your trade in?
  • MichaellMichaell ColoradoModerator Posts: 196,121
    zodi1 said:

    Wow, he showed me the worksheet with 0.00055, and used 0.00155 to figure out the rate! Will have to go back to him and see what can be done. Thanks for the prompt response Michaell.

    If you've signed the documents and taken delivery, there may not much that can be done.

    But, in the interest of customer service, I suppose anything is possible.

    Keep us posted.

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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • goboatinggoboating Member Posts: 10
    @ Michaell - Thanks for all your help. I have built my own Lease Calculator, does the attached screen shot of 2 scenarios jive with actuals. Thank You.
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