2019 Mercedes-Benz GLE-Class Lease Deals and Prices

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Comments

  • MichaellMichaell Moderator Posts: 252,100
    DeeBro said:

    I am looking at a GLE 4MATIC AWD, which is a loaner. What should be the MF and Residual on a 36/10 and 48/10? I was offered 53% and 40% and a MF of 0.0089 which seems high. Any recommendations?

    Is this a 2019?
    What engine does this have?

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  • DeeBroDeeBro Member Posts: 6
    Yes, it's a 2019. Engine: 3.0L V6 CYLINDER
  • kyfdxkyfdx Moderator Posts: 253,405
    DeeBro said:

    Yes, it's a 2019. Engine: 3.0L V6 CYLINDER

    Is it the GLE 400 or GLE 43?

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  • DeeBroDeeBro Member Posts: 6
    kyfdx said:

    DeeBro said:

    Yes, it's a 2019. Engine: 3.0L V6 CYLINDER

    Is it the GLE 400 or GLE 43?
    It's GLE 400.
  • kyfdxkyfdx Moderator Posts: 253,405
    DeeBro said:

    I am looking at a GLE 4MATIC AWD, which is a loaner. What should be the MF and Residual on a 36/10 and 48/10? I was offered 53% and 40% and a MF of 0.0089 which seems high. Any recommendations?

    DeeBro said:

    kyfdx said:

    DeeBro said:

    Yes, it's a 2019. Engine: 3.0L V6 CYLINDER

    Is it the GLE 400 or GLE 43?
    It's GLE 400.
    .00054 MF
    53%/40% residual for 36/48 mo
    $1000 incentive

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  • GuidoGoyaBeansGuidoGoyaBeans Member Posts: 12
    edited March 2019
    What's up guys, Im looking at a '19 GLE 43 AMG Coupe in New Rochelle, NY (10805). Would I be able to put down MSD's for this?
    Also what is the MF and Residual on a 3 year, 12k mile lease?
    Also, is this the best program for this car?
    Much appreciated for the help. 
  • kyfdxkyfdx Moderator Posts: 253,405

    What's up guys, Im looking at a '19 GLE 43 AMG Coupe in New Rochelle, NY (10805). Would I be able to put down MSD's for this?
    Also what is the MF and Residual on a 3 year, 12k mile lease?
    Also, is this the best program for this car?
    Much appreciated for the help. 

    .00113 MF and 49% residual

    If you don't mind going longer, the residuals for 42/48 months are 46%/43%.

    10 MSDs reduce the money factor by .00070

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  • GuidoGoyaBeansGuidoGoyaBeans Member Posts: 12
    kyfdx thank you so much. Those rates are heart breaking lol but it is what it is. 
  • arod4arod4 Member Posts: 20
    Hello
    For the 2019 GLE, would you kindly provide how much a good deal would leave the payments monthly? I do not understand how the math residuals and MF work.

    24-30 months/12,0000 miles per year

    No money down. Only tax + tag

    Thank you for your time and help in advance.
  • MichaellMichaell Moderator Posts: 252,100
    arod4 said:

    Hello
    For the 2019 GLE, would you kindly provide how much a good deal would leave the payments monthly? I do not understand how the math residuals and MF work.

    24-30 months/12,0000 miles per year

    No money down. Only tax + tag

    Thank you for your time and help in advance.

    What ZIP code?

    RWD or AWD?

    Use this link to help understand the calculations behind a lease payment:
    https://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html

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  • xmjxxmjx Member Posts: 159
    Can you please provide me the MF and residual for a 2019 GLE 43 AMG Coupe in 60047? 36/10 and 42/10? Any incentives? Thanks.
  • MichaellMichaell Moderator Posts: 252,100
    xmjx said:

    Can you please provide me the MF and residual for a 2019 GLE 43 AMG Coupe in 60047? 36/10 and 42/10? Any incentives? Thanks.

    .00062 and 50% / 46%
    No lease incentives

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  • kyfdxkyfdx Moderator Posts: 253,405
    xmjx said:

    Can you please provide me the MF and residual for a 2019 GLE 43 AMG Coupe in 60047? 36/10 and 42/10? Any incentives? Thanks.

    .00113 MF
    50%/47% residual
    No lease incentives

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  • xmjxxmjx Member Posts: 159
    Michaell said:

    xmjx said:

    Can you please provide me the MF and residual for a 2019 GLE 43 AMG Coupe in 60047? 36/10 and 42/10? Any incentives? Thanks.

    .00062 and 50% / 46%
    No lease incentives
    kyfdx said:

    xmjx said:

    Can you please provide me the MF and residual for a 2019 GLE 43 AMG Coupe in 60047? 36/10 and 42/10? Any incentives? Thanks.

    .00113 MF
    50%/47% residual
    No lease incentives
    You both sent different info - can you clarify? Thanks.
  • kyfdxkyfdx Moderator Posts: 253,405
    xmjx said:

    Michaell said:

    xmjx said:

    Can you please provide me the MF and residual for a 2019 GLE 43 AMG Coupe in 60047? 36/10 and 42/10? Any incentives? Thanks.

    .00062 and 50% / 46%
    No lease incentives
    kyfdx said:

    xmjx said:

    Can you please provide me the MF and residual for a 2019 GLE 43 AMG Coupe in 60047? 36/10 and 42/10? Any incentives? Thanks.

    .00113 MF
    50%/47% residual
    No lease incentives
    You both sent different info - can you clarify? Thanks.
    I'm right, of course! :D

    Seriously, my numbers are the correct ones.

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  • JEDWARDKJEDWARDK Member Posts: 8
    kyfdx said:

    What's up guys, Im looking at a '19 GLE 43 AMG Coupe in New Rochelle, NY (10805). Would I be able to put down MSD's for this?
    Also what is the MF and Residual on a 3 year, 12k mile lease?
    Also, is this the best program for this car?
    Much appreciated for the help. 

    .00113 MF and 49% residual

    If you don't mind going longer, the residuals for 42/48 months are 46%/43%.

    10 MSDs reduce the money factor by .00070
    Question - what would be the benefit of going with a longer lease with a lower residual?
    If the residual is higher, don't you pay less for the overall lease?
  • kyfdxkyfdx Moderator Posts: 253,405
    JEDWARDK said:

    kyfdx said:

    What's up guys, Im looking at a '19 GLE 43 AMG Coupe in New Rochelle, NY (10805). Would I be able to put down MSD's for this?
    Also what is the MF and Residual on a 3 year, 12k mile lease?
    Also, is this the best program for this car?
    Much appreciated for the help. 

    .00113 MF and 49% residual

    If you don't mind going longer, the residuals for 42/48 months are 46%/43%.

    10 MSDs reduce the money factor by .00070
    Question - what would be the benefit of going with a longer lease with a lower residual?
    If the residual is higher, don't you pay less for the overall lease?
    Higher/lower residual can't be compared, unless you are using the same length/term of lease.

    Assume you get a 10% discount from MSRP

    36 months
    90% - 49% = 41% of MSRP depreciation. 41%/36mo = 1.138% per month

    42 months
    90% - 46% = 44%. 44/42 = 1.047% per month

    48 months
    90% - 43% = 47%. 47/48 = 0.979% per month

    When the spread in residual is small, relative to the increase in term, the longer terms get cheaper, because the amount of depreciation per month is less.

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  • mb_enthusiastmb_enthusiast Member Posts: 241
    Do you have numbers for 2019 GLE 43 SUV and 2019 GLE 43 Coupe for 36mo/12k and 36mo/15k in 60202? Current Mercedes owner with trade-in.
    My stable: 2019 Audi Q8, 2015 Mercedes-Benz GL63 AMG, and 2005 Mercedes-Benz E500W4Found new homes: 2017 Porsche Cayenne S, 2011 Mercedes-Benz R350 BlueTEC, and 2004 Volkswagen Phaeton V8Illinois real estate broker and commercial property manager
  • MichaellMichaell Moderator Posts: 252,100

    Do you have numbers for 2019 GLE 43 SUV and 2019 GLE 43 Coupe for 36mo/12k and 36mo/15k in 60202? Current Mercedes owner with trade-in.

    36/15
    SUV - .00115 and 50%; $1000 incentive
    Coupe - .00113 and 47%

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  • anqi2000anqi2000 Member Posts: 9
    What are the RV/MF/Incentives for 2019 GLE400 AWD SUV for 36/10 or 36/12 in 60007?
  • MichaellMichaell Moderator Posts: 252,100
    anqi2000 said:

    What are the RV/MF/Incentives for 2019 GLE400 AWD SUV for 36/10 or 36/12 in 60007?

    36/12
    .00054 and 52%
    $1000 incentive

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  • anqi2000anqi2000 Member Posts: 9
    Michaell said:

    anqi2000 said:

    What are the RV/MF/Incentives for 2019 GLE400 AWD SUV for 36/10 or 36/12 in 60007?

    36/12
    .00054 and 52%
    $1000 incentive
    does 36/10 have a RV of 53%?
  • kyfdxkyfdx Moderator Posts: 253,405
    anqi2000 said:

    Michaell said:

    anqi2000 said:

    What are the RV/MF/Incentives for 2019 GLE400 AWD SUV for 36/10 or 36/12 in 60007?

    36/12
    .00054 and 52%
    $1000 incentive
    does 36/10 have a RV of 53%?
    Yes

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  • imachinimachin Member Posts: 11
    Hi,

    What are the RV, MF and possible incentives for a GLE 4matic in Miami, FL

    Another question:
    Are the 2019 models still available, in all the dealership websites (coral gables, miami, cutler bay, pembroke pines) only the 2020 are searchables

    Thanks
  • kyfdxkyfdx Moderator Posts: 253,405
    imachin said:

    Hi,

    What are the RV, MF and possible incentives for a GLE 4matic in Miami, FL

    Another question:
    Are the 2019 models still available, in all the dealership websites (coral gables, miami, cutler bay, pembroke pines) only the 2020 are searchables

    Thanks

    The only lease numbers we show for the 2019 model GLE are for:
    GLE 43 AMG Coupe
    GLE 43 AMG SUV
    GLE 400 SUV

    No numbers for the 350 models.

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  • imachinimachin Member Posts: 11
    Is that weird?

    What they did with the stock of '19 GLE?

    I'm sure they did not sold out from one day to the next

  • MichaellMichaell Moderator Posts: 252,100
    imachin said:

    Is that weird?

    What they did with the stock of '19 GLE?

    I'm sure they did not sold out from one day to the next

    They may not have built any - went from 2018 to 2020 directly for the 350.

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  • kyfdxkyfdx Moderator Posts: 253,405
    Michaell said:

    imachin said:

    Is that weird?

    What they did with the stock of '19 GLE?

    I'm sure they did not sold out from one day to the next

    They may not have built any - went from 2018 to 2020 directly for the 350.
    I think you might be right.. No GLE 350 for 2019.

    Just the GLE 400

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  • MarcoMarco Member Posts: 47
    Whats the mf rv incentives on 2019 gle amg coupe awd for 11228.. 36mos 7500miles Thank you
  • FrankieFrankie Member Posts: 37
    What are the RV/MF/Incentives for 2019 GLE 450 AWD SUV for 36/12 in 07731?

    What are the RV/MF/Incentives for 2019 GLE 350 AWD SUV for 36/12 in 07731?
  • MichaellMichaell Moderator Posts: 252,100
    Marco said:

    Whats the mf rv incentives on 2019 gle amg coupe awd for 11228.. 36mos 7500miles Thank you

    .00113 and 51%
    No lease incentives

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  • MichaellMichaell Moderator Posts: 252,100
    Frankie said:

    What are the RV/MF/Incentives for 2019 GLE 450 AWD SUV for 36/12 in 07731?

    What are the RV/MF/Incentives for 2019 GLE 350 AWD SUV for 36/12 in 07731?

    There is no GLE350 or GLE450 for 2019

    GLE400 - .00054 and 52%
    $1000 incentive

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  • djrobddjrobd Member Posts: 4
    edited May 2019
    What are the MF / RV / incentives for 2019 GLE Coupe in 11228.. 36mos 7500 & 10K miles... Thanks in advance!!
  • kyfdxkyfdx Moderator Posts: 253,405
    djrobd said:

    What are the MF / RV / incentives for 2019 GLE Coupe in 11228.. 36mos 7500 & 10K miles... Thanks in advance!!

    36/10
    .00094 MF and 49% residual

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  • djrobddjrobd Member Posts: 4
    kyfdx said:

    djrobd said:

    What are the MF / RV / incentives for 2019 GLE Coupe in 11228.. 36mos 7500 & 10K miles... Thanks in advance!!

    36/10
    .00094 MF and 49% residual
    Thanks!
  • wdcjetsetterwdcjetsetter Member Posts: 28
    Do you have numbers for 2019 GLE 43 SUV for 36mo/10k in 20852? Current Mercedes owner with trade-in.
  • kyfdxkyfdx Moderator Posts: 253,405

    Do you have numbers for 2019 GLE 43 SUV for 36mo/10k in 20852? Current Mercedes owner with trade-in.

    .00097 MF and 52% residual
    $1000 incentive

    No loyalty info

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  • mb_enthusiastmb_enthusiast Member Posts: 241

    2019 GLE 43 Coupé

    MF and RV for 12k and 15k miles (<39 months)

    zip 60202

    Thank you</p>

    kyfdx said:

    2019 GLE 43 Coupé

    MF and RV for 12k and 15k miles (<39 months)

    zip 60202

    Thank you</p>

    .00115 MF
    50%/43% residual for 36/42 mo, 15K/yr
    $1000 incentive

    We don't have the 39 month residuals.

    kyfdx said:

    2019 GLE 43 Coupé

    MF and RV for 12k and 15k miles (<39 months)

    zip 60202

    Thank you</p>

    .00115 MF
    50%/43% residual for 36/42 mo, 15K/yr
    $1000 incentive

    We don't have the 39 month residuals.
    Any difference for 12k/year?
    kyfdx said:

    kyfdx said:

    2019 GLE 43 Coupé

    MF and RV for 12k and 15k miles (<39 months)

    zip 60202

    Thank you</p>

    .00115 MF
    50%/43% residual for 36/42 mo, 15K/yr
    $1000 incentive

    We don't have the 39 month residuals.
    Any difference for 12k/year?
    +2% on the residual
    Do you have updated numbers for May?
    My stable: 2019 Audi Q8, 2015 Mercedes-Benz GL63 AMG, and 2005 Mercedes-Benz E500W4Found new homes: 2017 Porsche Cayenne S, 2011 Mercedes-Benz R350 BlueTEC, and 2004 Volkswagen Phaeton V8Illinois real estate broker and commercial property manager
  • kyfdxkyfdx Moderator Posts: 253,405

    2019 GLE 43 Coupé

    MF and RV for 12k and 15k miles (<39 months)

    zip 60202

    Thank you</p>

    kyfdx said:

    2019 GLE 43 Coupé

    MF and RV for 12k and 15k miles (<39 months)

    zip 60202

    Thank you</p>

    .00115 MF
    50%/43% residual for 36/42 mo, 15K/yr
    $1000 incentive

    We don't have the 39 month residuals.

    kyfdx said:

    2019 GLE 43 Coupé

    MF and RV for 12k and 15k miles (<39 months)

    zip 60202

    Thank you</p>

    .00115 MF
    50%/43% residual for 36/42 mo, 15K/yr
    $1000 incentive

    We don't have the 39 month residuals.
    Any difference for 12k/year?
    kyfdx said:

    kyfdx said:

    2019 GLE 43 Coupé

    MF and RV for 12k and 15k miles (<39 months)

    zip 60202

    Thank you</p>

    .00115 MF
    50%/43% residual for 36/42 mo, 15K/yr
    $1000 incentive

    We don't have the 39 month residuals.
    Any difference for 12k/year?
    +2% on the residual
    Do you have updated numbers for May?
    .00094 MF
    46%/43% residual for 36/42 mo, 15K/yr
    No incentive

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  • mb_enthusiastmb_enthusiast Member Posts: 241
    kyfdx said:

    2019 GLE 43 Coupé

    MF and RV for 12k and 15k miles (<39 months)

    zip 60202

    Thank you</p>

    kyfdx said:

    2019 GLE 43 Coupé

    MF and RV for 12k and 15k miles (<39 months)

    zip 60202

    Thank you</p>

    .00115 MF
    50%/43% residual for 36/42 mo, 15K/yr
    $1000 incentive

    We don't have the 39 month residuals.

    kyfdx said:

    2019 GLE 43 Coupé

    MF and RV for 12k and 15k miles (<39 months)

    zip 60202

    Thank you</p>

    .00115 MF
    50%/43% residual for 36/42 mo, 15K/yr
    $1000 incentive

    We don't have the 39 month residuals.
    Any difference for 12k/year?
    kyfdx said:

    kyfdx said:

    2019 GLE 43 Coupé

    MF and RV for 12k and 15k miles (<39 months)

    zip 60202

    Thank you</p>

    .00115 MF
    50%/43% residual for 36/42 mo, 15K/yr
    $1000 incentive

    We don't have the 39 month residuals.
    Any difference for 12k/year?
    +2% on the residual
    Do you have updated numbers for May?
    .00094 MF
    46%/43% residual for 36/42 mo, 15K/yr
    No incentive
    Are the numbers the same for the 2019 GLE43 SUV?
    My stable: 2019 Audi Q8, 2015 Mercedes-Benz GL63 AMG, and 2005 Mercedes-Benz E500W4Found new homes: 2017 Porsche Cayenne S, 2011 Mercedes-Benz R350 BlueTEC, and 2004 Volkswagen Phaeton V8Illinois real estate broker and commercial property manager
  • MichaellMichaell Moderator Posts: 252,100

    kyfdx said:

    2019 GLE 43 Coupé

    MF and RV for 12k and 15k miles (<39 months)

    zip 60202

    Thank you</p>

    kyfdx said:

    2019 GLE 43 Coupé

    MF and RV for 12k and 15k miles (<39 months)

    zip 60202

    Thank you</p>

    .00115 MF
    50%/43% residual for 36/42 mo, 15K/yr
    $1000 incentive

    We don't have the 39 month residuals.

    kyfdx said:

    2019 GLE 43 Coupé

    MF and RV for 12k and 15k miles (<39 months)

    zip 60202

    Thank you</p>

    .00115 MF
    50%/43% residual for 36/42 mo, 15K/yr
    $1000 incentive

    We don't have the 39 month residuals.
    Any difference for 12k/year?
    kyfdx said:

    kyfdx said:

    2019 GLE 43 Coupé

    MF and RV for 12k and 15k miles (<39 months)

    zip 60202

    Thank you</p>

    .00115 MF
    50%/43% residual for 36/42 mo, 15K/yr
    $1000 incentive

    We don't have the 39 month residuals.
    Any difference for 12k/year?
    +2% on the residual
    Do you have updated numbers for May?
    .00094 MF
    46%/43% residual for 36/42 mo, 15K/yr
    No incentive
    Are the numbers the same for the 2019 GLE43 SUV?
    No.

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  • atlas123atlas123 Member Posts: 29
    edited May 2019
    Gle 400 suv.  36/10.  Chicago area. I saw 53% at dealer. Curious on money factor? Is it .00054?
  • MichaellMichaell Moderator Posts: 252,100
    atlas123 said:

    Gle 400 suv.  36/10.  Chicago area. I saw 53% at dealer. Curious on money factor? Is it .00054?

    .00054 and 53% are correct, for May.
    $1000 incentive

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  • mb_enthusiastmb_enthusiast Member Posts: 241
    edited May 2019
    Michaell said:

    kyfdx said:

    2019 GLE 43 Coupé

    MF and RV for 12k and 15k miles (<39 months)

    zip 60202

    Thank you</p>

    kyfdx said:

    2019 GLE 43 Coupé

    MF and RV for 12k and 15k miles (<39 months)

    zip 60202

    Thank you</p>

    .00115 MF
    50%/43% residual for 36/42 mo, 15K/yr
    $1000 incentive

    We don't have the 39 month residuals.

    kyfdx said:

    2019 GLE 43 Coupé

    MF and RV for 12k and 15k miles (<39 months)

    zip 60202

    Thank you</p>

    .00115 MF
    50%/43% residual for 36/42 mo, 15K/yr
    $1000 incentive

    We don't have the 39 month residuals.
    Any difference for 12k/year?
    kyfdx said:

    kyfdx said:

    2019 GLE 43 Coupé

    MF and RV for 12k and 15k miles (<39 months)

    zip 60202

    Thank you</p>

    .00115 MF
    50%/43% residual for 36/42 mo, 15K/yr
    $1000 incentive

    We don't have the 39 month residuals.
    Any difference for 12k/year?
    +2% on the residual
    Do you have updated numbers for May?
    .00094 MF
    46%/43% residual for 36/42 mo, 15K/yr
    No incentive
    Are the numbers the same for the 2019 GLE43 SUV?
    No.
    There aren't many of these left in Chicagoland, but it is an outgoing chassis. I checked one out today and liked it too, horrible fuel economy aside. I don't know how much leverage over the sale price I'd have. My payment goals on the coupe look impossible. Price guidance on these still seems really high on the coupe and SUV. What are the SUV numbers for 36/15k and 36/12k in 60202? Mercedes... :(

    I have 7 days left to find something. Thanks.
    My stable: 2019 Audi Q8, 2015 Mercedes-Benz GL63 AMG, and 2005 Mercedes-Benz E500W4Found new homes: 2017 Porsche Cayenne S, 2011 Mercedes-Benz R350 BlueTEC, and 2004 Volkswagen Phaeton V8Illinois real estate broker and commercial property manager
  • kyfdxkyfdx Moderator Posts: 253,405

    Michaell said:

    kyfdx said:

    2019 GLE 43 Coupé

    MF and RV for 12k and 15k miles (<39 months)

    zip 60202

    Thank you</p>

    kyfdx said:

    2019 GLE 43 Coupé

    MF and RV for 12k and 15k miles (<39 months)

    zip 60202

    Thank you</p>

    .00115 MF
    50%/43% residual for 36/42 mo, 15K/yr
    $1000 incentive

    We don't have the 39 month residuals.

    kyfdx said:

    2019 GLE 43 Coupé

    MF and RV for 12k and 15k miles (<39 months)

    zip 60202

    Thank you</p>

    .00115 MF
    50%/43% residual for 36/42 mo, 15K/yr
    $1000 incentive

    We don't have the 39 month residuals.
    Any difference for 12k/year?
    kyfdx said:

    kyfdx said:

    2019 GLE 43 Coupé

    MF and RV for 12k and 15k miles (<39 months)

    zip 60202

    Thank you</p>

    .00115 MF
    50%/43% residual for 36/42 mo, 15K/yr
    $1000 incentive

    We don't have the 39 month residuals.
    Any difference for 12k/year?
    +2% on the residual
    Do you have updated numbers for May?
    .00094 MF
    46%/43% residual for 36/42 mo, 15K/yr
    No incentive
    Are the numbers the same for the 2019 GLE43 SUV?
    No.
    There aren't many of these left in Chicagoland, but it is an outgoing chassis. I checked one out today and liked it too, horrible fuel economy aside. I don't know how much leverage over the sale price I'd have. My payment goals on the coupe look impossible. Price guidance on these still seems really high on the coupe and SUV. What are the SUV numbers for 36/15k and 36/12k in 60202? Mercedes... :(

    I have 7 days left to find something. Thanks.
    36/15
    .00097 MF and 49% residual
    $1000 incentive

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  • Kalby2Kalby2 Member Posts: 24
    Hello! Could you provide the RV and MF for a 2019 GLE 350 10k/36 mo zip 11780? Just curious what the residual value of the 2019’s are now that the 2020’s are out
  • MichaellMichaell Moderator Posts: 252,100
    Kalby2 said:

    Hello! Could you provide the RV and MF for a 2019 GLE 350 10k/36 mo zip 11780? Just curious what the residual value of the 2019’s are now that the 2020’s are out

    RWD or AWD?

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  • mb_enthusiastmb_enthusiast Member Posts: 241
    Is there something I should know about AutoNation dealerships? "$1,500 customer rebate" on a 2019 GLE43 SUV...
    My stable: 2019 Audi Q8, 2015 Mercedes-Benz GL63 AMG, and 2005 Mercedes-Benz E500W4Found new homes: 2017 Porsche Cayenne S, 2011 Mercedes-Benz R350 BlueTEC, and 2004 Volkswagen Phaeton V8Illinois real estate broker and commercial property manager
  • kyfdxkyfdx Moderator Posts: 253,405

    Is there something I should know about AutoNation dealerships? "$1,500 customer rebate" on a 2019 GLE43 SUV...

    We show a $1000 incentive, but there could be other incentives we don't know about (loyalty, conquest, etc)

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    Did you get a good deal? Be sure to come back and share!

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  • guru_ckguru_ck Member Posts: 27
    Looking for numbers on a 2019 Mercedes AMG GLE43 Coupe in 95008. Dealer is telling me MF is .00150 which I’m guessing is marked up. This rate includes 10 security deposits. 48% Residual. 
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