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thanks to everyone for the help on my car shopping process. Reading the comments here along with some other research made me an educated buyer. I pulled the trigger on a 2018 GLE lease below. White on black, pano, P1, parking assist package with some other options.
I bought it in NY (Long Island City) and registered in NJ.
MSRP: $62,945 Sale Price: $54,000 Discount: $8,295 // ~14% Gross Cap Cost: $58,284 + 795 = bank fee + 1588 = sales tax (NJ) + pre paid maintenance $1,900 Net Cap Cost: $57,686
Payment came out to be $670 including everything. I had to pay $2,000 upfront for the following charges: 1. 1st month payment: $670 2. Cap Cost reduction: $598 3. sales/use tax: 46.28 4. title fees: 379 5. waste tire fee: 12.50 6. doc fee: 75 7. NJ Supp Title Fee: 219 +Total: $2,000
lease term: 36 months / 12K miles per year
I think there was a little more wiggle room but they gave me an offer no one else did at the beginning of the month without any haggle. Dealer did a car locate, made me wait 3 hours so they can go get the car which had all the options I wanted. They did offer the bring the car home to me next morning but I wanted to be over with the process so I decided to wait even though they were going to give me a loaner. I was happy with the process.
I went to Silver Star NY Mercedes Benz dealer. Jay Spears was the sales person.
thanks to everyone for the help on my car shopping process. Reading the comments here along with some other research made me an educated buyer. I pulled the trigger on a 2018 GLE lease below. White on black, pano, P1, parking assist package with some other options.
I bought it in NY (Long Island City) and registered in NJ.
MSRP: $62,945 Sale Price: $54,000 Discount: $8,295 // ~14% Gross Cap Cost: $58,284 + 795 = bank fee + 1588 = sales tax (NJ) + pre paid maintenance $1,900 Net Cap Cost: $57,686
Payment came out to be $670 including everything. I had to pay $2,000 upfront for the following charges: 1. 1st month payment: $670 2. Cap Cost reduction: $598 3. sales/use tax: 46.28 4. title fees: 379 5. waste tire fee: 12.50 6. doc fee: 75 7. NJ Supp Title Fee: 219 +Total: $2,000
lease term: 36 months / 12K miles per year
I think there was a little more wiggle room but they gave me an offer no one else did at the beginning of the month without any haggle. Dealer did a car locate, made me wait 3 hours so they can go get the car which had all the options I wanted. They did offer the bring the car home to me next morning but I wanted to be over with the process so I decided to wait even though they were going to give me a loaner. I was happy with the process.
I went to Silver Star NY Mercedes Benz dealer. Jay Spears was the sales person.
Talakhan. Did you have fleet discount? I’m helping my brother in law look for one now. He is also on Long Island near silver star. I️ I️ was able to get 14 percent off our 14 ml350 but that was with my fleet discount .
Looking for the residual and money factor for a 2018 GLE AWD in Chicago, IL for 12k/36 months. Additionally, how much off "sticker" price is reasonable?
Looking for the residual and money factor for a 2018 GLE AWD in Chicago, IL for 12k/36 months. Additionally, how much off "sticker" price is reasonable?
.00050 MF and 55% residual
No idea on pricing, except we see pretty big discounts reported in this discussion.
Thanks guys. Looking into a lease for 2018 GLE 43 amg coupe. 36/12K. SoCal.
I see the number up there, 43C: .00125 MF and 53% residual. Is it still the case? With MSDs, what is the lowest MF can I get? How much will the MSDs be?
Thanks guys. Looking into a lease for 2018 GLE 43 amg coupe. 36/12K. SoCal.
I see the number up there, 43C: .00125 MF and 53% residual. Is it still the case? With MSDs, what is the lowest MF can I get? How much will the MSDs be?
.00125 MF and 52% residual for 36/12 .00125 minus .00070 = .00055
Each SD is the payment rounded up to the next $50 increment. (so, if payment is $835/mo, then 10 MSDs will be $8500)
Any change in the terms for GLE350 AWD since last week ... 36/15k? Dealer is showing me 0.0007 MF now instead of 0.00049 they were showing me last week. Residual stayed the same @ 53%.
Any change in the terms for GLE350 AWD since last week ... 36/15k? Dealer is showing me 0.0007 MF now instead of 0.00049 they were showing me last week. Residual stayed the same @ 53%.
Any change in the terms for GLE350 AWD since last week ... 36/15k? Dealer is showing me 0.0007 MF now instead of 0.00049 they were showing me last week. Residual stayed the same @ 53%.
No change.. it's .00050 MF, though, not .00049
Thanks, that's what I figured. They are trying to pull the old two-step: Cut the price by $500 .. mark the MF up by $650.
Any change in the terms for GLE350 AWD since last week ... 36/15k? Dealer is showing me 0.0007 MF now instead of 0.00049 they were showing me last week. Residual stayed the same @ 53%.
No change.. it's .00050 MF, though, not .00049
Thanks, that's what I figured. They are trying to pull the old two-step: Cut the price by $500 .. mark the MF up by $650.
Yep, dealers are starting to get crafty.
Starting to get hard to get the big discount from sticker AND the base MF. One or the other, usually.
Thank you for your replies on this board. I am looking for info on the G Class. I did a search and could not find the G Class Lease topic, so I hope you'll excuse me for posting here.
I am looking for MF and RV and any incentives for 2017 and 2018 G Class leases in Los Angeles, CA.
36 Month and 48 Month 7,500 Miles/yr 2017 G63/AMG and 2018 G63/AMG
Thank you for your replies on this board. I am looking for info on the G Class. I did a search and could not find the G Class Lease topic, so I hope you'll excuse me for posting here.
I am looking for MF and RV and any incentives for 2017 and 2018 G Class leases in Los Angeles, CA.
36 Month and 48 Month 7,500 Miles/yr 2017 G63/AMG and 2018 G63/AMG
Thank you in advance.
I've just created a 2018 G-Class lease thread, and posted the link in the 2017 G-Class thread you posted in.
Family member just picked up 2018 gle350 4matic. Msrp 67300 +1125 30k mile prepaid maintenance = 68425 Selling around 58.9 (about 14 percent) Acquisition 795 686/month. 36/12k Due at signing 3000 (nys tax 8.625, first month, doc fee , etc) No fleet was used
Calculator showed around 650 with base mf. So mf was either marked up or there was stuff added adding about 1400 to the lease. The reason I don't have clear numbers is I wasn't there to look at the contract.
All in all I felt we got a good deal. No one else could match it (tried 5 other dealers)
Family member just picked up 2018 gle350 4matic. Msrp 67300 +1125 30k mile prepaid maintenance = 68425 Selling around 58.9 (about 14 percent) Acquisition 795 686/month. 36/12k Due at signing 3000 (nys tax 8.625, first month, doc fee , etc) No fleet was used
Calculator showed around 650 with base mf. So mf was either marked up or there was stuff added adding about 1400 to the lease. The reason I don't have clear numbers is I wasn't there to look at the contract.
All in all I felt we got a good deal. No one else could match it (tried 5 other dealers)
Any change in the terms for GLE350 AWD since last week ... 36/15k? Dealer is showing me 0.0007 MF now instead of 0.00049 they were showing me last week. Residual stayed the same @ 53%.
No change.. it's .00050 MF, though, not .00049
Thanks, that's what I figured. They are trying to pull the old two-step: Cut the price by $500 .. mark the MF up by $650.
Yep, dealers are starting to get crafty.
Starting to get hard to get the big discount from sticker AND the base MF. One or the other, usually.
One last question: Is the MBFS standard lease Acq Fee $795? Thanks.
Any change in the terms for GLE350 AWD since last week ... 36/15k? Dealer is showing me 0.0007 MF now instead of 0.00049 they were showing me last week. Residual stayed the same @ 53%.
No change.. it's .00050 MF, though, not .00049
Thanks, that's what I figured. They are trying to pull the old two-step: Cut the price by $500 .. mark the MF up by $650.
Yep, dealers are starting to get crafty.
Starting to get hard to get the big discount from sticker AND the base MF. One or the other, usually.
One last question: Is the MBFS standard lease Acq Fee $795? Thanks.
Your information helped me a lot when I was in a process of leasing Q5. Thank you! Now I want to lease a GLE for my wife. What would be the MF and RV of GLE43 Coupe Northern California, 36/12? What would be a good selling price (off MSRP)? I've been seeing "MSD" terms being used. What is that?
Your information helped me a lot when I was in a process of leasing Q5. Thank you! Now I want to lease a GLE for my wife. What would be the MF and RV of GLE43 Coupe Northern California, 36/12? What would be a good selling price (off MSRP)? I've been seeing "MSD" terms being used. What is that?
.00125 MF and 52% residual No idea on the sale price.
MSD = Multiple Security Deposits. It's a tool to lower the money factor, in exchange for a large security deposit.
Family member just picked up 2018 gle350 4matic. Msrp 67300 +1125 30k mile prepaid maintenance = 68425 Selling around 58.9 (about 14 percent) Acquisition 795 686/month. 36/12k Due at signing 3000 (nys tax 8.625, first month, doc fee , etc) No fleet was used
Calculator showed around 650 with base mf. So mf was either marked up or there was stuff added adding about 1400 to the lease. The reason I don't have clear numbers is I wasn't there to look at the contract.
All in all I felt we got a good deal. No one else could match it (tried 5 other dealers)
Another dealer: MF: 0.00195 RV: 52% MSRP: $76,745 Selling Price: $69,837.95 Monthly payment: $1170 I asked to use 0.00125 for the MF and he said this is the best that he can do since the dealer wont get any profit if using base MF. Not sure how should I negotiate it.
I requested minimum drive off for both dealers. Do you think this is a good deal? also, should we buy the maintenance package for this one? I know in Audi it will increase the MF. Not sure about Benz.
Another dealer: MF: 0.00195 RV: 52% MSRP: $76,745 Selling Price: $69,837.95 Monthly payment: $1170 I asked to use 0.00125 for the MF and he said this is the best that he can do since the dealer wont get any profit if using base MF. Not sure how should I negotiate it.
I requested minimum drive off for both dealers. Do you think this is a good deal? also, should we buy the maintenance package for this one? I know in Audi it will increase the MF. Not sure about Benz.
You politely tell the dealer you won't sign if the MF is marked up. Keep shopping if they balk.
Another dealer: MF: 0.00195 RV: 52% MSRP: $76,745 Selling Price: $69,837.95 Monthly payment: $1170 I asked to use 0.00125 for the MF and he said this is the best that he can do since the dealer wont get any profit if using base MF. Not sure how should I negotiate it.
I requested minimum drive off for both dealers. Do you think this is a good deal? also, should we buy the maintenance package for this one? I know in Audi it will increase the MF. Not sure about Benz.
You politely tell the dealer you won't sign if the MF is marked up. Keep shopping if they balk.
That is a large payment for a $76K car.
Are you saying that the monthly payment should be lower? Also, what about buying the prepaid maintenance? Thanks
Another dealer: MF: 0.00195 RV: 52% MSRP: $76,745 Selling Price: $69,837.95 Monthly payment: $1170 I asked to use 0.00125 for the MF and he said this is the best that he can do since the dealer wont get any profit if using base MF. Not sure how should I negotiate it.
I requested minimum drive off for both dealers. Do you think this is a good deal? also, should we buy the maintenance package for this one? I know in Audi it will increase the MF. Not sure about Benz.
You politely tell the dealer you won't sign if the MF is marked up. Keep shopping if they balk.
That is a large payment for a $76K car.
Are you saying that the monthly payment should be lower? Also, what about buying the prepaid maintenance? Thanks
Mercedes prepaid maintenance can be a good deal, if the dealer can add it to the MSRP and residualize it. Some dealers seem to be able to do that.
Does MBFS still have 0.00010 MF deduction if we use autopay? I also believe that 1x MSD will give 0.00007 MF reduction?
Those are both correct statements, though we've heard from other posters that the AutoPay discount may have been suspended. We have not been able to confirm that, however.
Comments
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
AWD - .00050 and 56%
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I bought it in NY (Long Island City) and registered in NJ.
MSRP: $62,945
Sale Price: $54,000
Discount: $8,295 // ~14%
Gross Cap Cost: $58,284
+ 795 = bank fee
+ 1588 = sales tax (NJ)
+ pre paid maintenance $1,900
Net Cap Cost: $57,686
Payment came out to be $670 including everything. I had to pay $2,000 upfront for the following charges:
1. 1st month payment: $670
2. Cap Cost reduction: $598
3. sales/use tax: 46.28
4. title fees: 379
5. waste tire fee: 12.50
6. doc fee: 75
7. NJ Supp Title Fee: 219
+Total: $2,000
lease term: 36 months / 12K miles per year
I think there was a little more wiggle room but they gave me an offer no one else did at the beginning of the month without any haggle. Dealer did a car locate, made me wait 3 hours so they can go get the car which had all the options I wanted. They did offer the bring the car home to me next morning but I wanted to be over with the process so I decided to wait even though they were going to give me a loaner. I was happy with the process.
I went to Silver Star NY Mercedes Benz dealer. Jay Spears was the sales person.
would love to hear if anyone beat this price.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
GLE 43 - .00165 and 53%
GLE 350 4Matic - .00050 and 53%
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
No idea on pricing, except we see pretty big discounts reported in this discussion.
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I see the number up there, 43C: .00125 MF and 53% residual. Is it still the case? With MSDs, what is the lowest MF can I get? How much will the MSDs be?
.00125 minus .00070 = .00055
Each SD is the payment rounded up to the next $50 increment.
(so, if payment is $835/mo, then 10 MSDs will be $8500)
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Edmunds Moderator
Starting to get hard to get the big discount from sticker AND the base MF. One or the other, usually.
Edmunds Price Checker
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thank you for your replies on this board. I am looking for info on the G Class. I did a search and could not find the G Class Lease topic, so I hope you'll excuse me for posting here.
I am looking for MF and RV and any incentives for 2017 and 2018 G Class leases in Los Angeles, CA.
36 Month and 48 Month
7,500 Miles/yr
2017 G63/AMG
and 2018 G63/AMG
Thank you in advance.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Msrp 67300 +1125 30k mile prepaid maintenance = 68425
Selling around 58.9 (about 14 percent)
Acquisition 795
686/month. 36/12k
Due at signing 3000 (nys tax 8.625, first month, doc fee , etc)
No fleet was used
Calculator showed around 650 with base mf. So mf was either marked up or there was stuff added adding about 1400 to the lease. The reason I don't have clear numbers is I wasn't there to look at the contract.
All in all I felt we got a good deal. No one else could match it (tried 5 other dealers)
Edmunds Price Checker
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Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Edmunds Price Checker
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Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
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Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Your information helped me a lot when I was in a process of leasing Q5. Thank you! Now I want to lease a GLE for my wife. What would be the MF and RV of GLE43 Coupe Northern California, 36/12? What would be a good selling price (off MSRP)? I've been seeing "MSD" terms being used. What is that?
No idea on the sale price.
MSD = Multiple Security Deposits.
It's a tool to lower the money factor, in exchange for a large security deposit.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Edmunds Price Checker
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Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
In Los Angeles, looking to for MF and RV - GLE350 SUV (RWD) & GLE43 AMG Coupe
24 months - 10k/12k
36 months - 10k/12k
Any specifics rebate info for Winter event or it's just pure marketing?
Thanks!
43coupe: .00125 MF and 59%/52% residual for 12K/yr
Add 1% for 10K/yr
There may be incentives, but we don't have that information.
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Can you share MF & RV on 2018 GLE 350 RWD for 36 months for both 10K/12K in TN?
Any help would be appreciated!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
just got back from the dealer and they gave me this numbers for GLE43 Coupe AMG for 36/12k. Here is the numbers:
MF: 0.00155
RV: 52%
MSRP: $76,745
Selling price: $74,450
Monthly payment: $1,275
location: San Jose,CA
Another dealer:
MF: 0.00195
RV: 52%
MSRP: $76,745
Selling Price: $69,837.95
Monthly payment: $1170
I asked to use 0.00125 for the MF and he said this is the best that he can do since the dealer wont get any profit if using base MF. Not sure how should I negotiate it.
I requested minimum drive off for both dealers.
Do you think this is a good deal?
also, should we buy the maintenance package for this one? I know in Audi it will increase the MF. Not sure about Benz.
That is a large payment for a $76K car.
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MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Mercedes prepaid maintenance can be a good deal, if the dealer can add it to the MSRP and residualize it. Some dealers seem to be able to do that.
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Can I get the MF and RV for GLE 43 AMG Coupe 2017 and 2018. Thanks guys!
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2017 GLE lease thread is here:
https://forums.edmunds.com/discussion/42287/mercedes-benz/gle-class/2017-mercedes-benz-gle-class-lease-deals-and-prices#latest
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2018 GLE350 AWD 36/15k
MSRP 63560
ACQ FEE 1095 (marked up 300)
SELL PRICE 54999
RES VAL 33687 (53%)
MF 0.00050
BASE PMT 667/mo
w/ 9% TAX 727/mo
Residualized A/B/C/D maintenance plan added $18/mo
TOT PMT 746/mo ... MIN DRIVE OFF