Car Buying Advice - 2016 GLE 550e Lease

mkgle550

Please let me know if this is good lease deal:

2016 GLE 550e (NEW, 27 miles)

MSRP - 73K
Selling Price - 59K

Lease term - 48 months and 12K miles per year

MF - 0.00054
Residual rate - 43%

Comes down to $650 plus taxes

kyfdx

mkgle550 said:

Please let me know if this is good lease deal:

2016 GLE 550e (NEW, 27 miles)

MSRP - 73K
Selling Price - 59K

Lease term - 48 months and 12K miles per year

MF - 0.00054
Residual rate - 43%

Comes down to $650 plus taxes

We show .00058 MF and 41% residual

Sure looks like a good price.. .how much due at signing?

mkgle550

Drive off about 2K

kyfdx

mkgle550 said:

Drive off about 2K

I'm not a big fan of 48 month leases, but that's a really good price.

mkgle550

Thank you. should I consider 36months/12K rather?

kyfdx

mkgle550 said:

Thank you. should I consider 36months/12K rather?

The monthly price will go up

mersee

I don't have a lease question but a purchase. I own a 2015 M350 and love the car. I just rec'd a letter from dealer asking to trade in my car for a new GLE350 since there is a healthy market for pre-owned. They offered an above average trade in plus bonus of $3,000. What could I expect off MSRP? I am in central NJ. Thank you

kyfdx

mersee said:

I don't have a lease question but a purchase. I own a 2015 M350 and love the car. I just rec'd a letter from dealer asking to trade in my car for a new GLE350 since there is a healthy market for pre-owned. They offered an above average trade in plus bonus of $3,000. What could I expect off MSRP? I am in central NJ. Thank you

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