2020 Mercedes Benz GLE-Class Lease Deals and Prices

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Comments

  • MichaellMichaell Moderator Posts: 264,417
    edited September 2019
    bhoover76 said:

    Is anyone aware of the base acquisition fee charged by MBFS to the dealer? I've seen on other forums (specifically MBWorld) that the base fee is $795. I know that MB allows dealers to markup the fee if they wish, but was looking for a baseline. Has anyone tried to negotiate this down to the base fee? Thanks!

    $795 is the base acquisition fee

    Dealers often mark it up to $1095

    Better to knock $300 off the selling price.

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  • marc68marc68 Member Posts: 69
    Can you please provide the money factor on a prepaid lease for a 2020 GLE350 for 36m/10k in Michigan?
  • marc68marc68 Member Posts: 69
    Also forgot to mention it would be a 4matic. Thanks
  • kyfdxkyfdx Moderator Posts: 267,637
    bhoover76 said:

    Is anyone aware of the base acquisition fee charged by MBFS to the dealer? I've seen on other forums (specifically MBWorld) that the base fee is $795. I know that MB allows dealers to markup the fee if they wish, but was looking for a baseline. Has anyone tried to negotiate this down to the base fee? Thanks!

    $795 base
    $1095 with max dealer markup

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  • MichaellMichaell Moderator Posts: 264,417
    marc68 said:

    Can you please provide the money factor on a prepaid lease for a 2020 GLE350 for 36m/10k in Michigan?

    marc68 said:

    Also forgot to mention it would be a 4matic. Thanks

    .00125 and 58%. Subtract .00080 for one pay.

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  • bmw397bmw397 Member Posts: 9
    edited September 2019
    whats the money factor, residual and lease or loyalty credits for a 2019 GLE Coupe 43 39/15k zip 11434

    thanks.
  • kyfdxkyfdx Moderator Posts: 267,637
    bmw397 said:

    whats the money factor, residual and lease or loyalty credits for a 2019 GLE Coupe 43 39/15k zip 11434

    thanks.

    .00075 MF
    45%/42% residual for 36/42 months
    No lease incentives
    No loyalty info

    We don't have the 39 month residual

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  • bhoover76bhoover76 Member Posts: 39
    Can someone please look at this for me....the MF seemed a little high to me, but not terribly. I’m Tier 1 credit. Does it make sense for me to haggle over the MF and the acquisition fee if they are giving me the discount on the car?

    Thanks.




  • MichaellMichaell Moderator Posts: 264,417
    bhoover76 said:

    Can someone please look at this for me....the MF seemed a little high to me, but not terribly. I’m Tier 1 credit. Does it make sense for me to haggle over the MF and the acquisition fee if they are giving me the discount on the car?

    Thanks.




    Yes, you want the base MF. Tell them you won't do a deal without it.

    And, you want the discount as well.

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  • kyfdxkyfdx Moderator Posts: 267,637
    bhoover76 said:

    Can someone please look at this for me....the MF seemed a little high to me, but not terribly. I’m Tier 1 credit. Does it make sense for me to haggle over the MF and the acquisition fee if they are giving me the discount on the car?

    Thanks.




    One bonus... they've added the maintenance plan to the MSRP, so it's residualized. They may be charging you full price (or, maybe marked up), but 58% of that amount goes to the residual, so your actual cost for maintenance is only $537.

    The acquisition fee is marked up by $300 from the base $795.

    The money factor appears to be marked up to .00148, from .00125. That isn't credit related, but revenue related.
    That adds $25/mo+tax

    It certainly would be worth asking for the base MF.
    Or, just tell them you really need to be under $900, with the same amount upfront... because of your wife.. ;)

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  • bhoover76bhoover76 Member Posts: 39
    edited September 2019
    kyfdx said:

    bhoover76 said:

    Can someone please look at this for me....the MF seemed a little high to me, but not terribly. I’m Tier 1 credit. Does it make sense for me to haggle over the MF and the acquisition fee if they are giving me the discount on the car?

    Thanks.




    One bonus... they've added the maintenance plan to the MSRP, so it's residualized. They may be charging you full price (or, maybe marked up), but 58% of that amount goes to the residual, so your actual cost for maintenance is only $537.

    The acquisition fee is marked up by $300 from the base $795.

    The money factor appears to be marked up to .00148, from .00125. That isn't credit related, but revenue related.
    That adds $25/mo+tax

    It certainly would be worth asking for the base MF.
    Or, just tell them you really need to be under $900, with the same amount upfront... because of your wife.. ;)
    Thanks for the advice! I cant remember from my last lease: Is is typical for their to be a destination fee (in this case it's $995) on top of an acquisition fee (which we've determined is marked-up to $1095)? I recalculated the math, and they are indeed residualizing the maintenance plan (which I'm all for...), but in the amount due upfront they're adding in the $1095 acquisition fee. The $995 destination fee is added into MSRP.
  • MichaellMichaell Moderator Posts: 264,417
    bhoover76 said:

    kyfdx said:

    bhoover76 said:

    Can someone please look at this for me....the MF seemed a little high to me, but not terribly. I’m Tier 1 credit. Does it make sense for me to haggle over the MF and the acquisition fee if they are giving me the discount on the car?

    Thanks.




    One bonus... they've added the maintenance plan to the MSRP, so it's residualized. They may be charging you full price (or, maybe marked up), but 58% of that amount goes to the residual, so your actual cost for maintenance is only $537.

    The acquisition fee is marked up by $300 from the base $795.

    The money factor appears to be marked up to .00148, from .00125. That isn't credit related, but revenue related.
    That adds $25/mo+tax

    It certainly would be worth asking for the base MF.
    Or, just tell them you really need to be under $900, with the same amount upfront... because of your wife.. ;)
    Thanks for the advice! I cant remember from my last lease: Is is typical for their to be a destination fee (in this case it's $995) on top of an acquisition fee (which we've determined is marked-up to $1095)? I recalculated the math, and they are indeed residualizing the maintenance plan (which I'm all for...), but in the amount due upfront they're adding in the $1095 acquisition fee. The $995 destination fee is added into MSRP.
    The destination fee is part of the MSRP - any dealer that breaks it out is being disingenuous.

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  • kyfdxkyfdx Moderator Posts: 267,637
    bhoover76 said:

    kyfdx said:

    bhoover76 said:

    Can someone please look at this for me....the MF seemed a little high to me, but not terribly. I’m Tier 1 credit. Does it make sense for me to haggle over the MF and the acquisition fee if they are giving me the discount on the car?

    Thanks.




    One bonus... they've added the maintenance plan to the MSRP, so it's residualized. They may be charging you full price (or, maybe marked up), but 58% of that amount goes to the residual, so your actual cost for maintenance is only $537.

    The acquisition fee is marked up by $300 from the base $795.

    The money factor appears to be marked up to .00148, from .00125. That isn't credit related, but revenue related.
    That adds $25/mo+tax

    It certainly would be worth asking for the base MF.
    Or, just tell them you really need to be under $900, with the same amount upfront... because of your wife.. ;)
    Thanks for the advice! I cant remember from my last lease: Is is typical for their to be a destination fee (in this case it's $995) on top of an acquisition fee (which we've determined is marked-up to $1095)? I recalculated the math, and they are indeed residualizing the maintenance plan (which I'm all for...), but in the amount due upfront they're adding in the $1095 acquisition fee. The $995 destination fee is added into MSRP.
    The $1095 acquisition fee is a lease specific fee. It has nothing to do with destination.
    If you don't want to pay it upfront, they can roll it into the lease (with a resulting increase in payment)

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  • robalo220robalo220 Member Posts: 22
    Is acquisition fee the same everywhere or different based on location? 2020 GLE 4matic
    Looking at 41011 zip
    Thanks
  • kyfdxkyfdx Moderator Posts: 267,637
    robalo220 said:

    Is acquisition fee the same everywhere or different based on location? 2020 GLE 4matic
    Looking at 41011 zip
    Thanks

    Acquisition fee does not vary by location
    $795 with dealers allowed to mark it up by $300

    36/15
    .00125 MF and 55% residual

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  • bmw397bmw397 Member Posts: 9
    whats the money factor, residual and lease or loyalty credits for a 2019 E 450 4MATIC Coupe 39/15k zip 11434

    thanks.
  • MichaellMichaell Moderator Posts: 264,417
    bmw397 said:

    whats the money factor, residual and lease or loyalty credits for a 2019 E 450 4MATIC Coupe 39/15k zip 11434

    thanks.

    Please repost in the E-Class lease thread, here:
    https://forums.edmunds.com/discussion/51683/mercedes-benz/e-class/2019-mercedes-e-class-lease-deals-and-prices#latest

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  • Vic066Vic066 Member Posts: 3
    edited September 2019
    Hi, could you provide me with the MF and residual for a 2020 GLE 350 4Matic for 36m/12K and 48m/12K for 95682.

    Thanks
    Vic
  • MichaellMichaell Moderator Posts: 264,417
    Vic066 said:

    Hi, could you provide me with the MF and residual for a 2020 GLE 350 4Matic for 36m/12K and 48m/12K for 95682.

    Thanks
    Vic

    .00125 and 57% / 48%
    No incentives

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  • MichaellMichaell Moderator Posts: 264,417
    4top455 said:

    Hi would you kindly provide the MF,Residual for a 2019 GLC Coupe for 36/12 and 94583
    Hoping to find one of these since 2020s are at base MF still.

    Please repost in the GLC lease thread, here:
    https://forums.edmunds.com/discussion/52258/mercedes-benz/glc-class/2019-mercedes-benz-glc-class-lease-deals-and-prices#latest

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  • Congressman1Congressman1 Member Posts: 20
    Hi, can I get the MF, residual, incentives for 2020 GLE 350.
    24/12k or 24/10k for zip 33601.
  • MichaellMichaell Moderator Posts: 264,417

    Hi, can I get the MF, residual, incentives for 2020 GLE 350.
    24/12k or 24/10k for zip 33601.

    24/12
    .00125 and 64%
    No incentives

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  • What discounts are people seeing on 2020 450 GLE models.... are they in the 7-10% range, 4-6% or less..
  • kyfdxkyfdx Moderator Posts: 267,637

    What discounts are people seeing on 2020 450 GLE models.... are they in the 7-10% range, 4-6% or less..

    Check out Edmunds price tools, here:
    https://www.edmunds.com/tmv.html

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  • sndmillersndmiller Member Posts: 5
    edited September 2019
    Checking for MF and residual for GLE 450 for IL 60044. 36 months 12k. Thanks!
  • kyfdxkyfdx Moderator Posts: 267,637
    sndmiller said:

    Checking for MF and residual for GLE 450 for IL 60044. 36 months 12k. Thanks!

    .00125 MF and 57% residual

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  • hpwsdhpwsd Member Posts: 7
    bhoover76 said:

    Can someone please look at this for me....the MF seemed a little high to me, but not terribly. I’m Tier 1 credit. Does it make sense for me to haggle over the MF and the acquisition fee if they are giving me the discount on the car?

    Thanks.




    Did you double check your MSRP? You added around $15K worth of options?
  • musicnut006musicnut006 Member Posts: 26
    Picking up my GLE 450 on Friday that I ordered. Just want to double check MF and RV for the following: would like numbers for both zip 76262 and 92067. Thx!

    36/15
    48/15

    36/18
    48/18
  • MichaellMichaell Moderator Posts: 264,417

    Picking up my GLE 450 on Friday that I ordered. Just want to double check MF and RV for the following: would like numbers for both zip 76262 and 92067. Thx!

    36/15
    48/15

    36/18
    48/18

    .00125 and 55% (36/15) or 48% (48/15)
    No incentives

    Subtract 5% for 20K per year

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  • sndmillersndmiller Member Posts: 5
    What is the MF and residual on a 2020 gle 350 for 36 months 12k miles for Nashville TN 37067. Thanks.
  • MichaellMichaell Moderator Posts: 264,417
    sndmiller said:

    What is the MF and residual on a 2020 gle 350 for 36 months 12k miles for Nashville TN 37067. Thanks.

    RWD or AWD?

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  • jhreid07jhreid07 Member Posts: 9
    What's the reduction from base MF for the one time pay option?
  • MichaellMichaell Moderator Posts: 264,417
    jhreid07 said:

    What's the reduction from base MF for the one time pay option?

    .00080

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  • sndmillersndmiller Member Posts: 5
    edited September 2019
    Sorry the AWD. I’ve been looking for a 450 so long I forgot the 350 still has that option.
    Michaell said:

    sndmiller said:

    What is the MF and residual on a 2020 gle 350 for 36 months 12k miles for Nashville TN 37067. Thanks.

    RWD or AWD?
  • kyfdxkyfdx Moderator Posts: 267,637
    sndmiller said:

    Sorry the AWD. I’ve been looking for a 450 so long I forgot the 350 still has that option.


    Michaell said:

    sndmiller said:

    What is the MF and residual on a 2020 gle 350 for 36 months 12k miles for Nashville TN 37067. Thanks.

    RWD or AWD?
    .00125 MF and 57% residual

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  • sndmillersndmiller Member Posts: 5
    edited September 2019
    2020 GLE 450
    MSRP is $75560
    Offer is $72537. 4% off
    Residual is 57%
    MF offered at .00185. Located in IL with base MF of .00125
    $1095 acquisition fee
    $300 doc fees/ title
    $1000 down payment

    Is this a good deal?
  • kyfdxkyfdx Moderator Posts: 267,637
    sndmiller said:

    2020 GLE 450
    MSRP is $75560
    Offer is $72537. 4% off
    Residual is 57%
    MF offered at .00185. Located in IL with base MF of .00125
    $1095 acquisition fee
    $300 doc fees/ title
    $1000 down payment

    Is this a good deal?

    4% off
    Acq.fee marked up $300
    Money factor marked up by .00060

    Not a good deal, in any way.

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  • lomaverdelomaverde Member Posts: 3
    What are MF and residual for GLE 350 4matic, 36 months 7.5k, at zip 94306. Thanks!

  • mb_enthusiastmb_enthusiast Member Posts: 241
    Do you have 2020 GLS numbers yet?
    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: 267,637
    lomaverde said:

    What are MF and residual for GLE 350 4matic, 36 months 7.5k, at zip 94306. Thanks!

    .00125 MF and 59% residual

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  • kyfdxkyfdx Moderator Posts: 267,637

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  • suyunappasuyunappa Member Posts: 3
    edited September 2019
    What do you think about this deal? Thank you, everyone!

    GLE350AWD 2020 Zip 11023 NY

    MSRP $61,600 (includes $995 in Destination and Delivery)

    Lunar Blue Exterior, Natrual Grey Wood Trim, Premium Package, Parking Assistance Package, Heated Steering Wheel, Trailer Hitch, Lunar Blue Exterior, Load Sill Protector, Augmented Video for Navigation, Bummeister Audio

    Selling Price $56,683
    36mos/10K
    Residual 58% MF 0.00125

    First Month Payment $698
    Acquisition Fee $945 (marked up from $799)
    Sales Tax (upfront) $2,256
    Title and Reg $300
    Doc Fee $75
    NY State Inspection Fee $10
    Tire Disposal Fee $12.50
    Drive off Total $4298

    Monthly Payment $698
  • kyfdxkyfdx Moderator Posts: 267,637
    suyunappa said:

    What do you think about this deal? Thank you, everyone!

    GLE350AWD 2020 Zip 11023 NY

    MSRP $61,600 (includes $995 in Destination and Delivery)

    Lunar Blue Exterior, Natrual Grey Wood Trim, Premium Package, Parking Assistance Package, Heated Steering Wheel, Trailer Hitch, Lunar Blue Exterior, Load Sill Protector, Augmented Video for Navigation, Bummeister Audio

    Selling Price $56,683
    36mos/10K
    Residual 58% MF 0.00125

    First Month Payment $698
    Acquisition Fee $945 (marked up from $799)
    Sales Tax (upfront) $2,256
    Title and Reg $300
    Doc Fee $75
    NY State Inspection Fee $10
    Tire Disposal Fee $12.50
    Drive off Total $4298

    Monthly Payment $698

    The payment calculation is correct.
    Base acq.fee is $795.

    Everything else looks correct.

    Seems like a very reasonable deal, given the lease program.
    8% off MSRP and base rates.

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  • johnd39johnd39 Member Posts: 6
    edited September 2019
    MF and RV for 2020 GLE350 RWD in zip 92692? 36/10k
    Thanks
  • kyfdxkyfdx Moderator Posts: 267,637
    johnd39 said:

    MF and RV for 2020 GLE350 RWD in zip 92692? 36/10k
    Thanks

    .00136 MF and 58% residual

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  • HMC_94HMC_94 Member Posts: 12
    Hi,

    What is the MF and residual for the following?

    Zip Code; 94065
    2020 GLE350: 36/10, 36/12

    Does MB offer 33or 39 month lease terms and are they worth it for either 10k or 12k per year?

    I assume it is too new for any incentive.

    Thanks!
  • MichaellMichaell Moderator Posts: 264,417
    HMC_94 said:

    Hi,

    What is the MF and residual for the following?

    Zip Code; 94065
    2020 GLE350: 36/10, 36/12

    Does MB offer 33or 39 month lease terms and are they worth it for either 10k or 12k per year?

    I assume it is too new for any incentive.

    Thanks!

    RWD or AWD?

    Neither 33 or 39 months are available from MB.

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  • kyfdxkyfdx Moderator Posts: 267,637
    HMC_94 said:

    Hi,

    What is the MF and residual for the following?

    Zip Code; 94065
    2020 GLE350: 36/10, 36/12

    Does MB offer 33or 39 month lease terms and are they worth it for either 10k or 12k per year?

    I assume it is too new for any incentive.

    Thanks!

    You can get any term you like from MBFS, we just don't have the residual amounts for 33/39 months

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  • HMC_94HMC_94 Member Posts: 12
    Thanks! I was looking at a 2020 GLE 350 4Matic (AWD)

    Zip Code; 94065
    2020 GLE350: 36/10, 36/12
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