2020 Mercedes Benz GLE-Class Lease Deals and Prices

doubleoo6

2020 GLE 350 4MATIC

anyone know $$$$price of tire and wheel protection?

How is this deal I am about to pick up?
msrp $61500
Sale price 56000
$2198 out of pocket INCLUDES 1st payment and not sure
W/3 year maintenance
Money factor 0.000162

Zip code 10019
Monthly $755 ?

GOOD / BAD???

Thank you.

kyfdx

doubleoo6 said:

2020 GLE 350 4MATIC

anyone know $$$$price of tire and wheel protection?

How is this deal I am about to pick up?
msrp $61500
Sale price 56000
$2198 out of pocket INCLUDES 1st payment and not sure
W/3 year maintenance
Money factor 0.000162

Zip code 10019
Monthly $755 ?

GOOD / BAD???

Thank you.

Money factor is marked up from .00142

What is the term and mileage allowance?

What is the adjusted CAP cost?

Don't know the cost of tire/wheel protection, but it is almost always over-priced. I'd pass on it.

JEDWARDK

No money deposit or document signed yet but "committed" to a vehicle arriving on May 27th at one dealership.
I got a followup message from a competing dealership salesperson. Sent a reply that we are no longer in the market. He responded:
"No worries if you know of anyone interested Mercedes did give us $100,000 in incentives to use for customers this weekend. Thank you."

Does this actually happen? Are there manufacturer incentives that are not announced and just allocated willy nilly? Or is this a sales tactic to try to lure us back to the dealership?

Michaell

JEDWARDK said:

No money deposit or document signed yet but "committed" to a vehicle arriving on May 27th at one dealership.
I got a followup message from a competing dealership salesperson. Sent a reply that we are no longer in the market. He responded:
"No worries if you know of anyone interested Mercedes did give us $100,000 in incentives to use for customers this weekend. Thank you."

Does this actually happen? Are there manufacturer incentives that are not announced and just allocated willy nilly? Or is this a sales tactic to try to lure us back to the dealership?

I think you've answered your own question.....

5novafutbol

Can I please get the MF, RV, incentives for 2020 GLE 350 4MATIC, in 20147, 36/15?
thanks!

kyfdx

5novafutbol said:

Can I please get the MF, RV, incentives for 2020 GLE 350 4MATIC, in 20147, 36/15?
thanks!

.00142 MF and 56% residual
No incentives

mckcal

Hello, 

Could you please provide MF and RV on 2020 GLE 350 for 12K/36 months? Zip code is 91214. Any incentive?

kyfdx

mckcal said:

Hello, 

Could you please provide MF and RV on 2020 GLE 350 for 12K/36 months? Zip code is 91214. Any incentive?

.00142 MF and 58% residual
No lease incentives

ewilz

MF and RV on 2020 GLE 350 for 12k/36mo in zip 33076?

kyfdx

ewilz said:

MF and RV on 2020 GLE 350 for 12k/36mo in zip 33076?

.00142 MF and 58% residual
No lease incentives

gatime

Hi, Looking for the MF/RV on a 2020 GLE 350, 36 months and 10 miles per year. Zip code 40475 TIA

kyfdx

gatime said:

Hi, Looking for the MF/RV on a 2020 GLE 350, 36 months and 10 miles per year. Zip code 40475 TIA

.00142 MF and 59% residual
No lease incentives

JamesT

Can I have MF and RV for 36/10K and 36/7.5K for 2020 GLE 350 in 33308? Many thanks.

Michaell

JamesT said:

Can I have MF and RV for 36/10K and 36/7.5K for 2020 GLE 350 in 33308? Many thanks.

36/10
.00142 MF and 59% residual
No lease incentives

jabhinav08

Hi, MF and RV for 36/12K for 2020 GLE 350 in 10023? I'm getting quoted 58% residual and 0.0016 MF. The RV seems fine but MF seems too high - salesman says that has been fixed. Is that right? Thanks

Michaell

jabhinav08 said:

Hi, MF and RV for 36/12K for 2020 GLE 350 in 10023? I'm getting quoted 58% residual and 0.0016 MF. The RV seems fine but MF seems too high - salesman says that has been fixed. Is that right? Thanks

.00142 and 58%

Salesman is wrong - the dealer is marking it up for extra profit.

Tell them you want the base MF, or you'll walk.

jabhinav08

Thanks Michael. We walked. Will see when they call us back if they counter with the fair MF.

jp4est

Looking for MF & RV on 36/10K and 36/12K for 2020 GLE 350 for 34761.

Received what I believe is a pretty insane quote today when we went in for a test drive. MSRP $61,990 with no money down they wanted $1,147/month. They claimed that was with RV of 59% and MF of .00019 but I can't recreate those numbers with calculators online. I was expecting in the $850-900 range.

Any advice/help is appreciated and thanks in advance for the numbers.

mb_enthusiast

jp4est said:

Looking for MF & RV on 36/10K and 36/12K for 2020 GLE 350 for 34761. Received what I believe is a pretty insane quote today when we went in for a test drive. MSRP $61,990 with no money down they wanted $1,147/month. They claimed that was with RV of 59% and MF of .00019 but I can't recreate those numbers with calculators online. I was expecting in the $850-900 range. Any advice/help is appreciated and thanks in advance for the numbers.

How could the MF possibly be that low?

Michaell

jp4est said:

Looking for MF & RV on 36/10K and 36/12K for 2020 GLE 350 for 34761.

Received what I believe is a pretty insane quote today when we went in for a test drive. MSRP $61,990 with no money down they wanted $1,147/month. They claimed that was with RV of 59% and MF of .00019 but I can't recreate those numbers with calculators online. I was expecting in the $850-900 range.

Any advice/help is appreciated and thanks in advance for the numbers.

36/12
.00142 and 58%

Could they be using a different bank? Not something we see with MB, but I suppose it's possible.

jp4est

mb_enthusiast said:

jp4est said:

Looking for MF & RV on 36/10K and 36/12K for 2020 GLE 350 for 34761. Received what I believe is a pretty insane quote today when we went in for a test drive. MSRP $61,990 with no money down they wanted $1,147/month. They claimed that was with RV of 59% and MF of .00019 but I can't recreate those numbers with calculators online. I was expecting in the $850-900 range. Any advice/help is appreciated and thanks in advance for the numbers.

How could the MF possibly be that low?

I think they must have added a zero up front? Maybe was trying to tel me .0019 but they wrote down on their quote .00019. 

Ive never signed a lease before so still trying to wrap my head around the process. Plan to call around to competing dealers tomorrow and start the negotiations a little differently.

(Thank you Michael for the numbers)

kyfdx

jp4est said:

mb_enthusiast said:

jp4est said:

Looking for MF & RV on 36/10K and 36/12K for 2020 GLE 350 for 34761.

Received what I believe is a pretty insane quote today when we went in for a test drive. MSRP $61,990 with no money down they wanted $1,147/month. They claimed that was with RV of 59% and MF of .00019 but I can't recreate those numbers with calculators online. I was expecting in the $850-900 range.

Any advice/help is appreciated and thanks in advance for the numbers.

How could the MF possibly be that low?

I think they must have added a zero up front? Maybe was trying to tel me .0019 but they wrote down on their quote .00019. 

Ive never signed a lease before so still trying to wrap my head around the process. Plan to call around to competing dealers tomorrow and start the negotiations a little differently.

(Thank you Michael for the numbers)

That would be my guess.. marked up the money factor and inadvertently added a zero.

Twibes

Great info here. Looking for the current lease numbers for a 2020 GLE450, 36/12k in 15090. Thanks!

kyfdx

Twibes said:

Great info here. Looking for the current lease numbers for a 2020 GLE450, 36/12k in 15090. Thanks!

.00177 MF and 60% residual

JEDWARDK

i'm in Los Angeles, CA
worked out the following deal on 2020 GLE350
MSRP $61415 (Selenite grey, premium 1, MBUX augmented nav, Surround view, panoramic roof)
+ 3yr/30k maintenance plan $1175

Selling price $3190 off (originally $3000 off but the monthly was over $700 so I asked the dealer to get it to $700 at least... and they hit it on the dot by taking off a little more)
$1095 acquisition fee
and i forget the exact doc fee but it was about $125ish
DMV registration $540ish

36 months, 10k miles/yr
59% residual

base MF 0.00142
10x security deposit $8000 to bring MF down to 0.00072
$3000 down
no incentive obviously

total driveoff $12,763.83

$639.27/month before tax
CA sales tax 9.5%
$700/month with CA sales tax


i don't like it...
but given that there is such shortage of available cars with surround view camera which my wife MUST have
and there is zero incentive available
i don't think i can do much better than this

Michaell

JEDWARDK said:

i'm in Los Angeles, CA
worked out the following deal on 2020 GLE350
MSRP $61415 (Selenite grey, premium 1, MBUX augmented nav, Surround view, panoramic roof)
+ 3yr/30k maintenance plan $1175

Selling price $3190 off (originally $3000 off but the monthly was over $700 so I asked the dealer to get it to $700 at least... and they hit it on the dot by taking off a little more)
$1095 acquisition fee
and i forget the exact doc fee but it was about $125ish
DMV registration $540ish

36 months, 10k miles/yr
59% residual

base MF 0.00142
10x security deposit $8000 to bring MF down to 0.00072
$3000 down
no incentive obviously

total driveoff $12,763.83

$639.27/month before tax
CA sales tax 9.5%
$700/month with CA sales tax


i don't like it...
but given that there is such shortage of available cars with surround view camera which my wife MUST have
and there is zero incentive available
i don't think i can do much better than this

Congrats!

When there are must have options, it restricts your ability to strike a great deal.

Appreciate you sharing your deal details with us.

briansmith23

Looking to purchase a GLE 450 with cash:
1) When does the new model year usually release?
2) How much money should I aim to take off at sticker?
3) Is there any expected discount for paying in "cash" (time present value of money)
4) Do corporate/affiliate discounts still exist?

Thanks in advance!

kyfdx

briansmith23 said:

Looking to purchase a GLE 450 with cash:
1) When does the new model year usually release?
2) How much money should I aim to take off at sticker?
3) Is there any expected discount for paying in "cash" (time present value of money)
4) Do corporate/affiliate discounts still exist?

Thanks in advance!

1) No info
2) Research pricing, here: https://www.edmunds.com/tmv.html
3) The bank pays the dealer immediately, whether you finance or pay cash. So, time value means nothing to the dealer
4) Possibly, but we don't have info on that.

rll31

My lease experience this May:

GLE 350 4Matic 36 mo/15 k mi
MSRP 65,500
negotiated price 60,392
acquisition fee 1095
doc fee 249
MF .00142

First month, acquisition, doc, tags/lic at signing

Monthly w/ NJ Sales Tax capitalized 841.77

added prepaid maintenance at the end

JEDWARDK

when you look at the lease agreement, there's no way to know the money factor, is there?
other than to run the numbers through a calculator?

Michaell

rll31 said:

My lease experience this May:

GLE 350 4Matic 36 mo/15 k mi
MSRP 65,500
negotiated price 60,392
acquisition fee 1095
doc fee 249
MF .00142

First month, acquisition, doc, tags/lic at signing

Monthly w/ NJ Sales Tax capitalized 841.77

added prepaid maintenance at the end

Congrats!

Thanks for sharing your deal with us.

Michaell

JEDWARDK said:

when you look at the lease agreement, there's no way to know the money factor, is there?
other than to run the numbers through a calculator?

Depends on the software the dealer is using.

I've seen screen shots with the MF disclosed, and other without.

Ridingz001

Hello, please can i get the MF and RV for the month of June for a 2020 GLE-350 36/10k zip code 22304. Also, what incentives are available?

kyfdx

JEDWARDK said:

when you look at the lease agreement, there's no way to know the money factor, is there?
other than to run the numbers through a calculator?

Correct. But, on the actual lease contract, you will see the "Rent Charge". That is the finance portion of the lease payment multiplied by the term. If you've done your calculations beforehand, you can see how this matches up. Large differences will be readily apparent.

kyfdx

Ridingz001 said:

Hello, please can i get the MF and RV for the month of June for a 2020 GLE-350 36/10k zip code 22304. Also, what incentives are available?

.00142 MF and 59% residual

No lease incentives

Kalby2

Hello! May I have the MF and RV for a 2020 GLE  350 10k/36mo in zip code 11780 and lease incentives please? Thank you 

Michaell

Kalby2 said:

Hello! May I have the MF and RV for a 2020 GLE  350 10k/36mo in zip code 11780 and lease incentives please? Thank you 

.00142 and 59%
No lease incentives

scottyk

Hi there- looking for MF and RV on 2020 GLE 350 3 year lease with 10K miles/year in 94129 zip code. Thanks!

Michaell

scottyk said:

Hi there- looking for MF and RV on 2020 GLE 350 3 year lease with 10K miles/year in 94129 zip code. Thanks!

.00142 and 59%

chebad

Hi there- looking for MF and RV on 2020 GLE 450 3 year lease with 10K miles/year in 95035 zip code. Thanks!

kyfdx

chebad said:

Hi there- looking for MF and RV on 2020 GLE 450 3 year lease with 10K miles/year in 95035 zip code. Thanks!

.00177 MF and 61% residual

BlueRain137

Hi, May I have MF and RV for 2020 GLE 350 4matic, 36 months with 12K miles/yr and 15k miles/yr? And is there any lease incentive?
Zipcode::::-11358
Thank you.

Michaell

BlueRain137 said:

Hi, May I have MF and RV for 2020 GLE 350 4matic, 36 months with 12K miles/yr and 15k miles/yr? And is there any lease incentive?
Zipcode::::-11358
Thank you.

36/15
.00142 and 56%

James1010

Hi there- looking for MF and RV on 2020 GLE 350 3 year lease with 10K miles/year in 92704 zip code. Thanks!

Michaell

James1010 said:

Hi there- looking for MF and RV on 2020 GLE 350 3 year lease with 10K miles/year in 92704 zip code. Thanks!

.00142 and 59%

pilmen

Hello I'm looking for MF and RV on 2020 GLE 350 36/12K miles/year in 08859 zip code.

kyfdx

pilmen said:

Hello I'm looking for MF and RV on 2020 GLE 350 36/12K miles/year in 08859 zip code.

.00142 MF and 58% residual

Gurun123

Hi! Can you please advise on MF and RV for a 2020 GLE350W4 7.5K/24 months in zip code 45248 please? Thank you.

kyfdx

Gurun123 said:

Hi! Can you please advise on MF and RV for a 2020 GLE350W4 7.5K/24 months in zip code 45248 please? Thank you.

.00142 MF and 65% residual

kramho

Request MF, RV, and incentives for 2020 GLE350, 36/12, in 48105. Thanks