2017 Mercedes Benz GLE-Class Lease Deals and Prices

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Comments

  • MichaellMichaell ColoradoModerator Posts: 196,249
    goboating said:

    @ 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.

    When you say "Used", does that mean it's a CPO, or does it mean a demo or loaner vehicle that hasn't been titled? The former is not eligible for new car lease rates; the latter are.

    FWIW, we suggest you roll the acquisition fee into the cap cost and not pay it up front. Limit the up front costs to the first payment, the DMV costs and (if you use them), the MSD monies.

    Not sure if MB will allow a MF as low as .00002; there is likely a minimum MF, but don't know what it is for MBFS.

    And, a small typo - you have the acquisition fee as $796 in the second column drive off costs.

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  • zodi1zodi1 Member Posts: 39
    Here is the actual sales info.
    Thanks
  • kyfdxkyfdx Moderator Posts: 200,591
    zodi1 said:

    Here is the actual sales info.
    Thanks

    I don't guess you got a copy of the worksheet with .00055 on it, did you?

    If that's what happened, I'd go back immediately and sit in the office until I got satisfaction.
    $90/mo. X 36 is not a small amount.

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  • zodi1zodi1 Member Posts: 39
    I took pics of all 3 of them during the negotiations showing the different rates, I have emailed the GM and sent him a copy, checking with salesman now, Thanks for reviewing in it. Anywhere else could extra charges come from as you could tell from the uploaded docs? I want to be certain that I'm not faulting them at no cause.
    Thanks.
  • lease17lease17 Member Posts: 10
    Also is a 4matic. And from previous posts the MF is 0.00047
  • MichaellMichaell ColoradoModerator Posts: 196,249
    lease17 said:

    Also is a 4matic. And from previous posts the MF is 0.00047

    That is correct.

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  • lease17lease17 Member Posts: 10
    Is the dealer making any extra money when the pull this type of tricks? I would assume that is MBFS the one that gets the benefit. So why?
  • zodi1zodi1 Member Posts: 39
    Thanks a lot @Michaell and @kyfdx, the link to calc your own lease saved me $4161 on the term of the lease! The GM was great, he put a different fin manger to correct the deal, MF back to .00037 with autopay on a W4 GLE! Lesson learned the hard way, learn how do the calc, and make sure to rework all the number before signing it, as the lease agreement does not show the MF on any of the work sheets!
  • kyfdxkyfdx Moderator Posts: 200,591
    lease17 said:

    Is the dealer making any extra money when the pull this type of tricks? I would assume that is MBFS the one that gets the benefit. So why?

    Not sure of MBFS exactly, but generally, the bank pays the dealer 70% of the total difference, and gives it to them upfront. So, figuring in the time value of money, the dealer gets about all of it. Similar to when they mark up the financing rate. The bank receives the extra money over time, but the dealer benefits from an upfront payment.

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  • kyfdxkyfdx Moderator Posts: 200,591
    zodi1 said:

    Thanks a lot @Michaell and @kyfdx, the link to calc your own lease saved me $4161 on the term of the lease! The GM was great, he put a different fin manger to correct the deal, MF back to .00037 with autopay on a W4 GLE! Lesson learned the hard way, learn how do the calc, and make sure to rework all the number before signing it, as the lease agreement does not show the MF on any of the work sheets!

    Glad it worked out. Some banks show the money factor on the contract, but most don't. It's always a good idea to put your calculator to the final numbers, just to see if they make sense.

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  • hpforlifehpforlife Member Posts: 77
    Would I be able to get 36/12 and 36/15 for AMG GLE63 S COUPE in NJ thanks!
  • kyfdxkyfdx Moderator Posts: 200,591
    hpforlife said:

    Would I be able to get 36/12 and 36/15 for AMG GLE63 S COUPE in NJ thanks!

    Standard MF and 53%/51% residual

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  • goboatinggoboating Member Posts: 10
    @zodi - congratulations. Good job!
  • ahockey26ahockey26 Member Posts: 3
    You guys are awesome! 
    What should I be able to negotiate down an msrp of 66k to? I've seen a couple people getting 10.5k off on this post. I have USAA and would be switching from a BMW.

    Also with all the infinite wisdom what would I need to be at price wise to be OTD around $700/month no money down?
  • MichaellMichaell ColoradoModerator Posts: 196,249
    ahockey26 said:

    You guys are awesome! 
    What should I be able to negotiate down an msrp of 66k to? I've seen a couple people getting 10.5k off on this post. I have USAA and would be switching from a BMW.

    Also with all the infinite wisdom what would I need to be at price wise to be OTD around $700/month no money down?

    We can't help with selling prices, sorry.

    If you can provide us with the MSRP and selling price, we can model a payment.

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  • ahockey26ahockey26 Member Posts: 3
    Thanks I'm totally new at this but talked to them this morning $58,550 MSRP sell price of $50,500 with incentive for USAA and BMW owner.
    !
  • MichaellMichaell ColoradoModerator Posts: 196,249
    ahockey26 said:

    Thanks I'm totally new at this but talked to them this morning $58,550 MSRP sell price of $50,500 with incentive for USAA and BMW owner.
    !

    RWD or 4Matic?

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  • ahockey26ahockey26 Member Posts: 3
    RWD 12k miles
  • MichaellMichaell ColoradoModerator Posts: 196,249
    Michaell said:

    ahockey26 said:

    Thanks I'm totally new at this but talked to them this morning $58,550 MSRP sell price of $50,500 with incentive for USAA and BMW owner.
    !

    RWD or 4Matic?
    ahockey26 said:

    RWD 12k miles

    36/12 on the GLE350 RWD is .00055 and 55%

    With your prices, that works out to $554/mo plus tax.

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  • kenz1478kenz1478 Member Posts: 5
    Hi,
    Can someone please provide the RV & MF(autopay) for 2017 GLE43AMG SUV 36month 12k&15k. Thanks
  • kyfdxkyfdx Moderator Posts: 200,591
    kenz1478 said:

    Hi,
    Can someone please provide the RV & MF(autopay) for 2017 GLE43AMG SUV 36month 12k&15k. Thanks

    .00125 MF and 54%/52% residual

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  • dsgheiheidsgheihei Member Posts: 6
    Hi. I discussed with dealer. Here is my deal.
    10k/36
    2017 GLE43
    MSRP 81945 
    Discount 5927
    Total 82352.94

    The salesman told me the MF is 0.00152 RV 55%

    I pay 1222.16/month without any down payment.

    Is this a good deal? 
  • dsgheiheidsgheihei Member Posts: 6
    By the way I'm in NY. The number includes tax and fees
  • MichaellMichaell ColoradoModerator Posts: 196,249
    dsgheihei said:

    Hi. I discussed with dealer. Here is my deal.
    10k/36
    2017 GLE43
    MSRP 81945 
    Discount 5927
    Total 82352.94

    The salesman told me the MF is 0.00152 RV 55%

    I pay 1222.16/month without any down payment.

    Is this a good deal? 

    dsgheihei said:

    By the way I'm in NY. The number includes tax and fees

    .00125 and 55%. Unless you transposed the numbers in your post, the dealer is marking up the MF for a bit of extra profit.

    If you are adding all the taxes and fees into the payment, ask the dealer what the adjusted cap cost is, and how they got to that number from the selling price.

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  • dsgheiheidsgheihei Member Posts: 6
    Michaell said:

    dsgheihei said:

    Hi. I discussed with dealer. Here is my deal.
    10k/36
    2017 GLE43
    MSRP 81945 
    Discount 5927
    Total 82352.94

    The salesman told me the MF is 0.00152 RV 55%

    I pay 1222.16/month without any down payment.

    Is this a good deal? 

    dsgheihei said:

    By the way I'm in NY. The number includes tax and fees

    .00125 and 55%. Unless you transposed the numbers in your post, the dealer is marking up the MF for a bit of extra profit.

    If you are adding all the taxes and fees into the payment, ask the dealer what the adjusted cap cost is, and how they got to that number from the selling price.
    Thank you for replying!
    Is it normal or okay to mark up the MF? Can I ask them to do the normal MF? By the way i'm sure they said .00152 not .00125. What should the monthly payment be according to your calculation?
    Last but not the least, what is adjusted cap cost? Thank you!
  • MichaellMichaell ColoradoModerator Posts: 196,249
    dsgheihei said:

    Michaell said:

    dsgheihei said:

    Hi. I discussed with dealer. Here is my deal.
    10k/36
    2017 GLE43
    MSRP 81945 
    Discount 5927
    Total 82352.94

    The salesman told me the MF is 0.00152 RV 55%

    I pay 1222.16/month without any down payment.

    Is this a good deal? 

    dsgheihei said:

    By the way I'm in NY. The number includes tax and fees

    .00125 and 55%. Unless you transposed the numbers in your post, the dealer is marking up the MF for a bit of extra profit.

    If you are adding all the taxes and fees into the payment, ask the dealer what the adjusted cap cost is, and how they got to that number from the selling price.
    Thank you for replying!
    Is it normal or okay to mark up the MF? Can I ask them to do the normal MF? By the way i'm sure they said .00152 not .00125. What should the monthly payment be according to your calculation?
    Last but not the least, what is adjusted cap cost? Thank you!
    The dealer can mark up the MF for more profit.

    Politely tell them you won't sign a deal where the MF has been marked up. You don't need to disclose the base MF; they know what it is.

    Adjusted cap cost is the negotiated selling price plus any taxes and fees you are not paying up front. Looking at your prices again, I see that the total price is higher than the MSRP, which leads me to believe the taxes and fees are already included, if you were given an almost $6000 discount.

    With your quoted prices, I get $1195/mo with the base MF of .00125

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  • gjsnyc85gjsnyc85 Member Posts: 10
    Hello - looking for RV/MF on a 24/10K on a GLE43. Thank you
  • kyfdxkyfdx Moderator Posts: 200,591
    gjsnyc85 said:

    Hello - looking for RV/MF on a 24/10K on a GLE43. Thank you

    Assuming SUV?

    .00125 MF and 61% residual

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  • zodi1zodi1 Member Posts: 39
    @goboating, thanks and good luck on your search!
  • hpforlifehpforlife Member Posts: 77
    kyfdx said:

    hpforlife said:

    Would I be able to get 36/12 and 36/15 for AMG GLE63 S COUPE in NJ thanks!

    Standard MF and 53%/51% residual
    What is the standard MF?
  • MichaellMichaell ColoradoModerator Posts: 196,249
    hpforlife said:

    kyfdx said:

    hpforlife said:

    Would I be able to get 36/12 and 36/15 for AMG GLE63 S COUPE in NJ thanks!

    Standard MF and 53%/51% residual
    What is the standard MF?
    Not certain, but we believe around .00200 to .00220

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  • goboatinggoboating Member Posts: 10
    Michael, kyfdx - This is the week I plan to close on a GLE/4Matic with MSRP $60,990 in Massachusetts. Any change to MF/RV for 36/10 and 36/12? I have 56% and 54%. Attached is my lease calculator, how does it look? Thanks in advance.




  • kyfdxkyfdx Moderator Posts: 200,591
    goboating said:

    Michael, kyfdx - This is the week I plan to close on a GLE/4Matic with MSRP $60,990 in Massachusetts. Any change to MF/RV for 36/10 and 36/12? I have 56% and 54%. Attached is my lease calculator, how does it look? Thanks in advance.




    The 36/12 residual is 55%, not 54%
    You are doing just one MSD?
    MSDs are rounded up.. so, $600 or $650.

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  • goboatinggoboating Member Posts: 10
    @kyfdx - Thanks for residual correction. I'll do as many MSD's as I can up to 5, after which the MF can't go any lower. I don't know if there is a minimum MF. See any issues with my calculator final payment? Also, if I plan to buy the car at the end of lease, is the only cost residual + sales tax, or will any other fee's be added.
  • kyfdxkyfdx Moderator Posts: 200,591
    goboating said:

    @kyfdx - Thanks for residual correction. I'll do as many MSD's as I can up to 5, after which the MF can't go any lower. I don't know if there is a minimum MF. See any issues with my calculator final payment? Also, if I plan to buy the car at the end of lease, is the only cost residual + sales tax, or will any other fee's be added.

    I don't know the minimum money factor either.. It's not likely to be higher than .00005, though.

    The calculator is correct. There may be a purchase fee, but I don't know.. Basically, it's residual + tax + DMV fees. You can ask the dealer and check out the contract for any extra fees.

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  • jborrellijborrelli Member Posts: 15
    GLE 350 $619 36 months, $2200 at inception, $12K miles, $59K MSRP

    Is this good?
  • awrev952awrev952 Member Posts: 2
    Hello,

    Your forums is incredibly helpful - thank you.

    Can you pls provide MF and RV for the following, based in Michigan:

    2017 GLE400 4matic
    2017 GLE 350 4matic
    GLE 43 AMG

    We plan to lease 2 Mercedes SUVs on the same day/same dealer - any added discounts I can ask for?
  • kyfdxkyfdx Moderator Posts: 200,591
    awrev952 said:

    Hello,

    Your forums is incredibly helpful - thank you.

    Can you pls provide MF and RV for the following, based in Michigan:

    2017 GLE400 4matic
    2017 GLE 350 4matic
    GLE 43 AMG

    We plan to lease 2 Mercedes SUVs on the same day/same dealer - any added discounts I can ask for?

    36/15
    350: .00047 MF and 53% residual
    400: .00137 MF and 52%
    43: .00125 MF and 52%

    Ask for the two-for-one special! ;)

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  • MichaellMichaell ColoradoModerator Posts: 196,249
    jborrelli said:

    GLE 350 $619 36 months, $2200 at inception, $12K miles, $59K MSRP

    Is this good?

    What is the selling price?

    State and tax rate?

    Breakdown of the $2200?

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  • awrev952awrev952 Member Posts: 2
    Thank you! Can you give me same for GLS450?

  • kyfdxkyfdx Moderator Posts: 200,591

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  • wysiwyg4wysiwyg4 Member Posts: 3
    Can someone provide the
    RV
    MF

    for GLE 350 4matic in New York and New Jersey
    for 36/10 and 36/15


    Being quoted
    $650 plus tax
    MSRP - $64090
    Sale Price - $57523
    MF- .00057
    RV - 56%

    for a 36/10k

    Is this a good deal.

    Thanks
  • wysiwyg4wysiwyg4 Member Posts: 3
    Can you share your lease calculator excel file.

    Thanks
    goboating said:

    Michael, kyfdx - This is the week I plan to close on a GLE/4Matic with MSRP $60,990 in Massachusetts. Any change to MF/RV for 36/10 and 36/12? I have 56% and 54%. Attached is my lease calculator, how does it look? Thanks in advance.




  • kyfdxkyfdx Moderator Posts: 200,591
    wysiwyg4 said:

    Can someone provide the
    RV
    MF

    for GLE 350 4matic in New York and New Jersey
    for 36/10 and 36/15


    Being quoted
    $650 plus tax
    MSRP - $64090
    Sale Price - $57523
    MF- .00057
    RV - 56%

    for a 36/10k

    Is this a good deal.

    Thanks

    .00047 MF and 56%/53% residual

    How much is due at signing on that lease quote?

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  • MichaellMichaell ColoradoModerator Posts: 196,249
    wysiwyg4 said:

    Can you share your lease calculator excel file.

    Thanks

    goboating said:

    Michael, kyfdx - This is the week I plan to close on a GLE/4Matic with MSRP $60,990 in Massachusetts. Any change to MF/RV for 36/10 and 36/12? I have 56% and 54%. Attached is my lease calculator, how does it look? Thanks in advance.




    Use this article to build your own....

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

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  • wysiwyg4wysiwyg4 Member Posts: 3
    Thanks for the info. What is the residual for 36/12k.
    $4000 due at signing which includes taxes and fees.

    kyfdx said:

    wysiwyg4 said:

    Can someone provide the
    RV
    MF

    for GLE 350 4matic in New York and New Jersey
    for 36/10 and 36/15


    Being quoted
    $650 plus tax
    MSRP - $64090
    Sale Price - $57523
    MF- .00057
    RV - 56%

    for a 36/10k

    Is this a good deal.

    Thanks

    .00047 MF and 56%/53% residual

    How much is due at signing on that lease quote?
  • kyfdxkyfdx Moderator Posts: 200,591
    wysiwyg4 said:

    Thanks for the info. What is the residual for 36/12k.
    $4000 due at signing which includes taxes and fees.



    kyfdx said:

    wysiwyg4 said:

    Can someone provide the
    RV
    MF

    for GLE 350 4matic in New York and New Jersey
    for 36/10 and 36/15


    Being quoted
    $650 plus tax
    MSRP - $64090
    Sale Price - $57523
    MF- .00057
    RV - 56%

    for a 36/10k

    Is this a good deal.

    Thanks

    .00047 MF and 56%/53% residual

    How much is due at signing on that lease quote?
    55% for 36/12.

    If you are paying everything else upfront, the the calculation is correct.

    Is that a good deal? Can't tell you. But, they seem to be aggressive on the GLE, so I'd definitely shop around.

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  • goboatinggoboating Member Posts: 10
    @ Michaell and KYFDX - Closed a deal on GLE350 today. Thanks for your help on this board. The lease autopay and MSD's worked out perfectly, checked against my calculator, and my negotiated selling price hit a fair (aggressive) target. I ended with a 0.00002 MF after 5 MSD's (great deal).
  • kyfdxkyfdx Moderator Posts: 200,591
    goboating said:

    @ Michaell and KYFDX - Closed a deal on GLE350 today. Thanks for your help on this board. The lease autopay and MSD's worked out perfectly, checked against my calculator, and my negotiated selling price hit a fair (aggressive) target. I ended with a 0.00002 MF after 5 MSD's (great deal).

    Great news! Congrats on the new Mercedes

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  • unhigenyxunhigenyx Member Posts: 4
    HI, thanks for the incredible forum. long term lurker, first time poster.

    could you please provide me with RV/MF for GLE 350 4matic SUV. State is MN.

    thanks!
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