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2016 GLE 350 4MATIC lease question

matt682matt682 Posts: 1
edited September 2016 in Mercedes-Benz
Can somebody please tell if this is a good deal for 2016 GLE 350 4matic. I just got an offer MSRP $60,055 Selling price $52,680; Doc fee $589, Acq fee $1095, Lic fee $97.50, Tax 284.38 which brings to a Net price of $54,745.88. I am putting a Down payment of $5000. Lease term is 36 months 15000 miles per year. Monthly Lease payment of $654. According to them the Money factor is 0.00080 and Residual of 52%

Can somebody please advice. I only have 2 days to make decision as they got me with a special deal which ends Sept 30

Comments

  • MichaellMichaell ColoradoPosts: 121,216
    matt682 said:

    Can somebody please tell if this is a good deal for 2016 GLE 350 4matic. I just got an offer MSRP $60,055 Selling price $52,680; Doc fee $589, Acq fee $1095, Lic fee $97.50, Tax 284.38 which brings to a Net price of $54,745.88. I am putting a Down payment of $5000. Lease term is 36 months 15000 miles per year. Monthly Lease payment of $654. According to them the Money factor is 0.00080 and Residual of 52%

    Can somebody please advice. I only have 2 days to make decision as they got me with a special deal which ends Sept 30

    The base MF is .00044 and the base acq fee is $795, so both are marked up by the dealer.

    What state and tax rate is this?

    What does the $5000 at signing cover?

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