2020 Mercedes Benz GLE-Class Lease Deals and Prices

Michaell

johnthom said:

can you post the 24, 27 month with 7500 and 10k/mi a year MF and Residual for the gle 350 4 matic zip is 89074

.00131 and 65% (24/10) or 61% (30/10)
No incentives

primetime

Michaell said:

primetime said:

kyfdx said:

primetime said:

Good evening y’all, I would really appreciate your feedback on this deal I’m looking at.

2020 GLE 350 4MATIC in Zip 78752
$73,535 MSRP (has bunch of add-ons)
36 months/12K lease
$0 down

I was quoted $1,468/mo prior to any negotiation. I did not ask for a lease worksheet or itemization just yet.

Based on 57% RV and 0.00125 MF I’ve seen quoted on this thread my payment calculations has a delta of $360/mo.

My math is $878.93 (depreciation) + $144.41 (interest) + $84.42 (8.25% taxes) = $1,107.76/mo

What am I missing? And what do you guys think is a reasonable ask to go back with?

Thanks!

.00131 MF and 57% residual, this month

How are you doing a calculation without the selling price or adjusted CAP cost?

If a dealer quotes me a $1400/mo payment on a $70K MSRP vehicle, I'm not going back there to negotiate.

Thanks for your response. Let me take another stab at it and see if I got that right:

Adjusted Cap Cost: $73,585 + 6.25% taxes [forgot this earlier but in TX they collect on entire vehicle sale] = $78,184

Residual Value: $78,184 x 0.57 = $44,564.88

Depreciation: $78,184 - $44,564.88 = $33,619.12

Base Payment: $33,619.12 / 36 = $933.86/mo

Interest: ($78,184 + $44,564.88) x 0.00131 = $160.80/mo

Total Payment (incl taxes): $933.86 + $160.80 = $1,094.66

I’m being quoted $1,468/mo. In this case, dealer is not willing to discount the MSRP ($73,585) claiming it’s a unique build and there’s another buyer (who I saw).

I still don’t get how is there such a delta between my calculation and what dealer is quoting (almost $373/mo). That’s adds up to $13,428 extra fees over the lease term). Am I doing this wrong?

The residual is calculated against the MSRP, not the cap cost.

I still get $1165/mo.

But, where is the acquisition fee? The dealer doc fee? If you aren't paying those up front, they get added to the cap cost and become part of the payment. Not $373/mo worth, mind you, but you're still just guessing at the numbers.

Ask the dealer for a detailed breakdown of their quote, and we can figure out the difference.

MF may also be marked up.

I'd shop a different dealer, or a different model of MB.

Ok so here's the breakdown dealer sent over:

Price: $73,585
Exterior Protection: $399
3-yr pre-paid maintenance
Fees: $353
Taxes: $4,751
Acquisition Fee: $1,095
36 mo / 12k miles. Zero down. Only first month's payment due at signing.
Payment: $1,468
Money Factor: 0.002810
Residual: 55%

cfrea

Picked up a GLE 350

10k miles, 36 month.

58% residual, 10x MSD
Up front payment was first months, Title tax reg. $2450 + $6500 MSD
Total payment including tax was $575 month on $57,895 MSRP. Vehicle selling price was $50,295. About 13.1% off MSRP.

How is this deal?

Michaell

primetime said:

Michaell said:

primetime said:

kyfdx said:

primetime said:

Good evening y’all, I would really appreciate your feedback on this deal I’m looking at.

2020 GLE 350 4MATIC in Zip 78752
$73,535 MSRP (has bunch of add-ons)
36 months/12K lease
$0 down

I was quoted $1,468/mo prior to any negotiation. I did not ask for a lease worksheet or itemization just yet.

Based on 57% RV and 0.00125 MF I’ve seen quoted on this thread my payment calculations has a delta of $360/mo.

My math is $878.93 (depreciation) + $144.41 (interest) + $84.42 (8.25% taxes) = $1,107.76/mo

What am I missing? And what do you guys think is a reasonable ask to go back with?

Thanks!

.00131 MF and 57% residual, this month

How are you doing a calculation without the selling price or adjusted CAP cost?

If a dealer quotes me a $1400/mo payment on a $70K MSRP vehicle, I'm not going back there to negotiate.

Thanks for your response. Let me take another stab at it and see if I got that right:

Adjusted Cap Cost: $73,585 + 6.25% taxes [forgot this earlier but in TX they collect on entire vehicle sale] = $78,184

Residual Value: $78,184 x 0.57 = $44,564.88

Depreciation: $78,184 - $44,564.88 = $33,619.12

Base Payment: $33,619.12 / 36 = $933.86/mo

Interest: ($78,184 + $44,564.88) x 0.00131 = $160.80/mo

Total Payment (incl taxes): $933.86 + $160.80 = $1,094.66

I’m being quoted $1,468/mo. In this case, dealer is not willing to discount the MSRP ($73,585) claiming it’s a unique build and there’s another buyer (who I saw).

I still don’t get how is there such a delta between my calculation and what dealer is quoting (almost $373/mo). That’s adds up to $13,428 extra fees over the lease term). Am I doing this wrong?

The residual is calculated against the MSRP, not the cap cost.

I still get $1165/mo.

But, where is the acquisition fee? The dealer doc fee? If you aren't paying those up front, they get added to the cap cost and become part of the payment. Not $373/mo worth, mind you, but you're still just guessing at the numbers.

Ask the dealer for a detailed breakdown of their quote, and we can figure out the difference.

MF may also be marked up.

I'd shop a different dealer, or a different model of MB.

Ok so here's the breakdown dealer sent over:

Price: $73,585
Exterior Protection: $399
3-yr pre-paid maintenance
Fees: $353
Taxes: $4,751
Acquisition Fee: $1,095
36 mo / 12k miles. Zero down. Only first month's payment due at signing.
Payment: $1,468
Money Factor: 0.002810
Residual: 55%

OK, that is a massive markup on the MF. I wouldn't even bother negotiating, if they won't come down off that position.

The exterior protection - junk.

Acquisition fee is marked up from $795

This dealer is trying to take you six ways from Sunday.

Hard pass.

Michaell

cfrea said:

Picked up a GLE 350

10k miles, 36 month.

58% residual, 10x MSD
Up front payment was first months, Title tax reg. $2450 + $6500 MSD
Total payment including tax was $575 month on $57,895 MSRP. Vehicle selling price was $50,295. About 13.1% off MSRP.

How is this deal?

Looks like a solid deal.

Congrats, and thanks for the report.

nomorebeemers

Could someone please provide the MF and residual on the GLE 350 4matic for a 36/30,000? Zip is 77005. Thank you!

Michaell

nomorebeemers said:

Could someone please provide the MF and residual on the GLE 350 4matic for a 36/30,000? Zip is 77005. Thank you!

.00131 and 58%

hajin

Hello!
Can someone please provide MF and RV on GLE 350 for 24/12k, 36/12k along with 2019 GLS450 for 24/12k, 36/12k? Zip 60056.
Thank you!

kyfdx

hajin said:

Hello!
Can someone please provide MF and RV on GLE 350 for 24/12k, 36/12k along with 2019 GLS450 for 24/12k, 36/12k? Zip 60056.
Thank you!

RWD or AWD?

Ask for GLS info, here:
https://forums.edmunds.com/discussion/52403/mercedes-benz/gls-class/2019-mercedes-benz-gls-class-lease-deals-and-prices#latest

hajin

For AWD.
Also, does RV differ regionally or is it nationwide same?

carbuyer842

Would appreciate MF and RV for GLE 350 FWD and AWD for 10K/36 month lease. Zipcode 92506

johnMW19

What are the RV/MF/Incentives for a 2020 Mercedes-Benz GLE 450 4Matic, 36 Months, 12,000 miles in zip code 94596?.

kyfdx

hajin said:

Hello!
Can someone please provide MF and RV on GLE 350 for 24/12k, 36/12k along with 2019 GLS450 for 24/12k, 36/12k? Zip 60056.
Thank you!

hajin said:

For AWD.
Also, does RV differ regionally or is it nationwide same?

GLE 350 AWD
.00131 MF
64%/57% residual

Numbers are national

kyfdx

carbuyer842 said:

Would appreciate MF and RV for GLE 350 FWD and AWD for 10K/36 month lease. Zipcode 92506

The 2WD GLE is RWD, not FWD

AWD: .00131 MF and 58% residual
RWD: .00142 MF and 58% residual

kyfdx

johnMW19 said:

What are the RV/MF/Incentives for a 2020 Mercedes-Benz GLE 450 4Matic, 36 Months, 12,000 miles in zip code 94596?.

.00125 MF and 57% residual

trickracen

Hi, Can I get MF/R for GLE 350 and 350 4matic and any incentives. 36/48 10k/12k. Zip 91344
Thank you

Michaell

trickracen said:

Hi, Can I get MF/R for GLE 350 and 350 4matic and any incentives. 36/48 10k/12k. Zip 91344
Thank you

12K
RWD - .00142 and 57% / 48%
AWD - .00131 and 57% / 48%
No incentives

eviltwin12

Hi, Can I get MF/R for GLE 350 4matic and any incentives. 36/10k. Zip 11746
Thank you, how far do you think they are willing to discount the car of msrp?

EINSERM

picked it up last night. thank you mods for the info, it was spot on. we are in socal.

Some quick numbers for those still out in the hunt
MSRP USD 80,245.00
DISC 9%
Maintenance 24 months USD 1200
36 months 10k miles lease
Residual 58% MF 0.00125
Drive off total $2088
Monthly payment including CA sales tax % 7.75% USD 999.98

Michaell

eviltwin12 said:

Hi, Can I get MF/R for GLE 350 4matic and any incentives. 36/10k. Zip 11746
Thank you, how far do you think they are willing to discount the car of msrp?

.00131 and 58%
No incentives

Look here for pricing:
https://www.edmunds.com/tmv.html

Michaell

EINSERM said:

picked it up last night. thank you mods for the info, it was spot on. we are in socal.

Some quick numbers for those still out in the hunt
MSRP USD 80,245.00
DISC 9%
Maintenance 24 months USD 1200
36 months 10k miles lease
Residual 58% MF 0.00125
Drive off total $2088
Monthly payment including CA sales tax % 7.75% USD 999.98

450?

Congrats, and thanks for the report.

EINSERM

Michaell said:

EINSERM said:

picked it up last night. thank you mods for the info, it was spot on. we are in socal.

Some quick numbers for those still out in the hunt
MSRP USD 80,245.00
DISC 9%
Maintenance 24 months USD 1200
36 months 10k miles lease
Residual 58% MF 0.00125
Drive off total $2088
Monthly payment including CA sales tax % 7.75% USD 999.98

450?

Congrats, and thanks for the report.

yes sorry 2020 GLE 450 AMG Pack

Michaell

EINSERM said:

Michaell said:

EINSERM said:

picked it up last night. thank you mods for the info, it was spot on. we are in socal.

Some quick numbers for those still out in the hunt
MSRP USD 80,245.00
DISC 9%
Maintenance 24 months USD 1200
36 months 10k miles lease
Residual 58% MF 0.00125
Drive off total $2088
Monthly payment including CA sales tax % 7.75% USD 999.98

450?

Congrats, and thanks for the report.

yes sorry 2020 GLE 450 AMG Pack

Very sharp in red!

imthestig

Hi, can I please ask MF and RV of 2020 GLE 350 RWD/AWD, , 10K/36 month lease. Zipcode 98006? Thanks a lot!

Michaell

imthestig said:

Hi, can I please ask MF and RV of 2020 GLE 350 RWD/AWD, , 10K/36 month lease. Zipcode 98006? Thanks a lot!

RWD - .00142 and 58%
AWD - .00131 and 58%
No incentives

Hoope4world

Could you please provide MF and RV for 2020 GLE 350 4Matic in for 36 months/12K? Zip is 60067.
Thank you so much!

Michaell

Hoope4world said:

Could you please provide MF and RV for 2020 GLE 350 4Matic in for 36 months/12K? Zip is 60067.
Thank you so much!

.00131 and 57%
No incentives

bbusch

Can I get MV, residual and any incentives for 24/10k and 36/10k for GLE 350 4Matic? Zip is 07901. Many thanks for all the help!

mikeyboy

Hi, can you give me the residual and MF for 36/15k 2020 GLE 350 4Matic in 90755?

kyfdx

bbusch said:

Can I get MV, residual and any incentives for 24/10k and 36/10k for GLE 350 4Matic? Zip is 07901. Many thanks for all the help!

.00131 MF
65%/58% residual
No lease incentives

kyfdx

mikeyboy said:

Hi, can you give me the residual and MF for 36/15k 2020 GLE 350 4Matic in 90755?

.00131 MF and 55% residual

afterdark888

hello, got a quote here in SoCal

looks like MF is marked up & residual not correct?

2020 RWD GLE350 MSRP 62,175
2650 drive off
42 month / 12k mi
829 including LA county tax
Residual 52% = $ 32331
Money factor 0.0015
discount off msrp 4100

Michaell

afterdark888 said:

hello, got a quote here in SoCal

looks like MF is marked up & residual not correct?

2020 RWD GLE350 MSRP 62,175
2650 drive off
42 month / 12k mi
829 including LA county tax
Residual 52% = $ 32331
Money factor 0.0015
discount off msrp 4100

I show .00142 and 52% for 42/12

MF is marked up, but not really enough to matter.

What is the final cap cost the dealer is using for that quote?

Hookem2102

Hey guys
This is my first lease...

I want to lease a 2020 GLE but am unsure if I want 350/450 yet.
How much will that matter for MF or RV ?

36 Mo.
4Matic
Fine with 10k but 12k miles would be best.

I am in Austin, TX 78702...but I don’t love the local dealership and it seems Primetime above was getting a lousy deal there.

Would looking in DFW, San Antonio, or Houston be better for the MF or Residual Value ?

Thanks in advance

Henry84

MF and Residual for GLE 450 In 90201

36mo/12k

Michaell

Hookem2102 said:

Hey guys
This is my first lease...

I want to lease a 2020 GLE but am unsure if I want 350/450 yet.
How much will that matter for MF or RV ?

36 Mo.
4Matic
Fine with 10k but 12k miles would be best.

I am in Austin, TX 78702...but I don’t love the local dealership and it seems Primetime above was getting a lousy deal there.

Would looking in DFW, San Antonio, or Houston be better for the MF or Residual Value ?

Thanks in advance

36/12
450 - .00125 and 57%
350 - .00131 and 57%

Numbers above are national, but getting multiple dealers involved will hopefully ensure you get the best price and the base MF.

Michaell

Henry84 said:

MF and Residual for GLE 450 In 90201

36mo/12k

.00125 and 57%

afterdark888

Michaell said:

afterdark888 said:

hello, got a quote here in SoCal

looks like MF is marked up & residual not correct?

2020 RWD GLE350 MSRP 62,175
2650 drive off
42 month / 12k mi
829 including LA county tax
Residual 52% = $ 32331
Money factor 0.0015
discount off msrp 4100

I show .00142 and 52% for 42/12

MF is marked up, but not really enough to matter.

What is the final cap cost the dealer is using for that quote?

have to ask about the final cap cost...

is there any incentive currently? and any more discount to be had on MSRP? and what's the residual for 36/12?

mikeyboy

kyfdx said:

mikeyboy said:

Hi, can you give me the residual and MF for 36/15k 2020 GLE 350 4Matic in 90755?

.00131 MF and 55% residual

Thanks! I have an offer with the following terms which seem reasonable to me, unless my math is wrong.

350 GLE 4matic
36 mo/15k miles
MSRP $72315
Sale Price $65776
Monthly Payment $916+tax
Drive off (1st month + DMV fees) $1753

kyfdx

afterdark888 said:

Michaell said:

afterdark888 said:

hello, got a quote here in SoCal

looks like MF is marked up & residual not correct?

2020 RWD GLE350 MSRP 62,175
2650 drive off
42 month / 12k mi
829 including LA county tax
Residual 52% = $ 32331
Money factor 0.0015
discount off msrp 4100

I show .00142 and 52% for 42/12

MF is marked up, but not really enough to matter.

What is the final cap cost the dealer is using for that quote?

have to ask about the final cap cost...

is there any incentive currently? and any more discount to be had on MSRP? and what's the residual for 36/12?

57% residual for 36/12
No incentive

Edmunds price tools:
https://www.edmunds.com/tmv.html

kyfdx

mikeyboy said:

kyfdx said:

mikeyboy said:

Hi, can you give me the residual and MF for 36/15k 2020 GLE 350 4Matic in 90755?

.00131 MF and 55% residual

Thanks! I have an offer with the following terms which seem reasonable to me, unless my math is wrong.

350 GLE 4matic
36 mo/15k miles
MSRP $72315
Sale Price $65776
Monthly Payment $916+tax
Drive off (1st month + DMV fees) $1753

Adjusted CAP of $67700 to get that payment
$1925 added to the CAP or some other amount, plus a money factor markup.
I don't see the acquisition fee anywhere in your numbers ($795)

The discount seems reasonable

tpfister343

Could you please provide MF and RV for 2020 GLE 350 4Matic .. 36 months/10K? Zip is 29607.

kyfdx

tpfister343 said:

Could you please provide MF and RV for 2020 GLE 350 4Matic .. 36 months/10K? Zip is 29607.

.00131 MF and 58% residual

DonnieB5823

What is the MF and RV for 2020 GLE In 29605 on a 10/36 and 12/36

Justthefacts

Looking for MF, incentives, and RV on 2020 GLE 580. 12/36 and 15/36 and 15642 zip. Any help appreciated. MSRP is 86680 on build order, 4matic

Michaell

DonnieB5823 said:

What is the MF and RV for 2020 GLE In 29605 on a 10/36 and 12/36

350, 450 or 580?

Michaell

Justthefacts said:

Looking for MF, incentives, and RV on 2020 GLE 580. 12/36 and 15/36 and 15642 zip. Any help appreciated. MSRP is 86680 on build order, 4matic

36/15
Standard MF and 50%
No incentives

pandabims

Please let me know the MF, residual and incentives on the 2020 GLE350 and GLE450, for 36/12 in zip 02703

NJRutgers17

Hello. We are on the verge of selecting what car my family wanted. Can I have the MF and residual of GLE 2020 350 18612. 12/36k

NJRutgers17

12/3600 sorry forgot to include