2020 Mercedes Benz GLE-Class Lease Deals and Prices

Michaell

imachin said:

I'd start by telling the dealer you won't sign any deal unless you get the base MF.

And, negotiate $300 off the price, to offset the acquisition fee markup.

Lots of MB dealers in South Florida.

imachin

Ok, I will follow your advice

What strike me the most is the low price reduction. Back on May I leased a '19 GLA and the same dealer gave me a 14.8 discount from the MSRP. With the GLE they are firm in the price since day one

kyfdx

imachin said:

Ok, I will follow your advice

What strike me the most is the low price reduction. Back on May I leased a '19 GLA and the same dealer gave me a 14.8 discount from the MSRP. With the GLE they are firm in the price since day one

The GLA is a bust, that few people want (plus, 2019 model)
The GLE is a hugely popular model (and, 2020 model)

Other than both being Mercedes, you couldn't pick two more different situations.

nuttyprofessor

hi Michael,, looking for input on a deal.

2020 GLE350

MSRP 66100
Selling price $58499 (11% off)

OOP $10559 ( incl 1st payment, 795 acq, 595 doc, DMV and other crap, incl $7500 - 10MSDs)

Monthly $678 includes 2 yr pre-paid maintenance Nj taxes in payment

36m/10K year


on paper seems like a good deal, but way off when using leasehackr calculator.

what am i missing?

DammitAnthony

Hello,

Looking for GLE 350 4matic, zip code 60016
12k miles/year

39,48,51.

Playing around on their website the payment drops drastically when selecting 51 month, not sure if that is actually the case though.

Michaell

nuttyprofessor said:

hi Michael,, looking for input on a deal.

2020 GLE350

MSRP 66100
Selling price $58499 (11% off)

OOP $10559 ( incl 1st payment, 795 acq, 595 doc, DMV and other crap, incl $7500 - 10MSDs)

Monthly $678 includes 2 yr pre-paid maintenance Nj taxes in payment

36m/10K year


on paper seems like a good deal, but way off when using leasehackr calculator.

what am i missing?

What is the cap cost you are using for your payment calculation? What is the dealer using?

That's likely your difference.

Relative to MSRP, that's a decent payment, but without the details, it's hard to know for sure.

Michaell

DammitAnthony said:

Hello,

Looking for GLE 350 4matic, zip code 60016
12k miles/year

39,48,51.

Playing around on their website the payment drops drastically when selecting 51 month, not sure if that is actually the case though.

.00125 MF
57% / 53% / 50% for 36 / 42 / 48 months
No published 51 month residual

ccd2018

Hi,

I wonder if MF will be lower (2020 GLE450) if Feds cuts the interest rate next week. Thanks.

nuttyprofessor

Michaell said:

nuttyprofessor said:

hi Michael,, looking for input on a deal.

2020 GLE350

MSRP 66100
Selling price $58499 (11% off)

OOP $10559 ( incl 1st payment, 795 acq, 595 doc, DMV and other crap, incl $7500 - 10MSDs)

Monthly $678 includes 2 yr pre-paid maintenance Nj taxes in payment

36m/10K year


on paper seems like a good deal, but way off when using leasehackr calculator.

what am i missing?

What is the cap cost you are using for your payment calculation? What is the dealer using?

That's likely your difference.

Relative to MSRP, that's a decent payment, but without the details, it's hard to know for sure.

Michael, THANKS for your prompt reply. just spoke w the dealer. he said he is using $61888 as cap cost.
now when i plug this into Leasehackr calculator i get a completely different story than before, and seems like my deal is amazong, but i suspect its not ( but still a good one?)


so the deal is

2020 GLE350

MSRP 66100
Selling price $58499 (11% off)
cap cost used $61888

OOP $10559 ( incl 1st payment, 795 acq, 495 doc, $460 DMV/title, and other crap, incl $7500 - 10MSDs)

Monthly $678 includes 2 yr pre-paid maintenance Nj taxes in payment

36m/10K year


your final thoughts?

Michaell

ccd2018 said:

Hi,

I wonder if MF will be lower (2020 GLE450) if Feds cuts the interest rate next week. Thanks.

Not likely, but one can always hope.

Michaell

nuttyprofessor said:

Michaell said:

nuttyprofessor said:

hi Michael,, looking for input on a deal.

2020 GLE350

MSRP 66100
Selling price $58499 (11% off)

OOP $10559 ( incl 1st payment, 795 acq, 595 doc, DMV and other crap, incl $7500 - 10MSDs)

Monthly $678 includes 2 yr pre-paid maintenance Nj taxes in payment

36m/10K year


on paper seems like a good deal, but way off when using leasehackr calculator.

what am i missing?

What is the cap cost you are using for your payment calculation? What is the dealer using?

That's likely your difference.

Relative to MSRP, that's a decent payment, but without the details, it's hard to know for sure.

Michael, THANKS for your prompt reply. just spoke w the dealer. he said he is using $61888 as cap cost.
now when i plug this into Leasehackr calculator i get a completely different story than before, and seems like my deal is amazong, but i suspect its not ( but still a good one?)


so the deal is

2020 GLE350

MSRP 66100
Selling price $58499 (11% off)
cap cost used $61888

OOP $10559 ( incl 1st payment, 795 acq, 495 doc, $460 DMV/title, and other crap, incl $7500 - 10MSDs)

Monthly $678 includes 2 yr pre-paid maintenance Nj taxes in payment

36m/10K year


your final thoughts?

Still looks good.

I don't have any insight into the LH calculator. I just use math.

nuttyprofessor

Michaell said:

nuttyprofessor said:

Michaell said:

nuttyprofessor said:

hi Michael,, looking for input on a deal.

2020 GLE350

MSRP 66100
Selling price $58499 (11% off)

OOP $10559 ( incl 1st payment, 795 acq, 595 doc, DMV and other crap, incl $7500 - 10MSDs)

Monthly $678 includes 2 yr pre-paid maintenance Nj taxes in payment

36m/10K year


on paper seems like a good deal, but way off when using leasehackr calculator.

what am i missing?

What is the cap cost you are using for your payment calculation? What is the dealer using?

That's likely your difference.

Relative to MSRP, that's a decent payment, but without the details, it's hard to know for sure.

Michael, THANKS for your prompt reply. just spoke w the dealer. he said he is using $61888 as cap cost.
now when i plug this into Leasehackr calculator i get a completely different story than before, and seems like my deal is amazong, but i suspect its not ( but still a good one?)


so the deal is

2020 GLE350

MSRP 66100
Selling price $58499 (11% off)
cap cost used $61888

OOP $10559 ( incl 1st payment, 795 acq, 495 doc, $460 DMV/title, and other crap, incl $7500 - 10MSDs)

Monthly $678 includes 2 yr pre-paid maintenance Nj taxes in payment

36m/10K year


your final thoughts?

Still looks good.

I don't have any insight into the LH calculator. I just use math.

thanks so much for validating, Michael. going to pull the trigger and report back when i pick it up.

Tonyinpa1

Hello
What is the MF, RV, and acquisition fee for 2020 GLE350 for 36/12 in 19087?
Thank you.

kyfdx

Tonyinpa1 said:

Hello
What is the MF, RV, and acquisition fee for 2020 GLE350 for 36/12 in 19087?
Thank you.

.00125 MF and 57% residual

$795 acquisition fee

irv_lex

Hello, can you help with the MF, RV, and acquisition fee for 2020 GLE350 4matic for 36/10 in 92833?

Thank you very much!

kyfdx

irv_lex said:

Hello, can you help with the MF, RV, and acquisition fee for 2020 GLE350 4matic for 36/10 in 92833?

Thank you very much!

.00125 MF and 58% residual

$795

irv_lex

Wonderful, thank you very much!

zhjdenis

Hi,
1. can I get the MF and RV for a 2020 GLE 450? 36/10k, zip 98011.
2. Is the MSD accepted by all dealers?
3. My current GLE 350 lease term will end by this Dec, can I terminate the lease contract earlier without penalty by leasing a new GLE 450?
Thank you

kyfdx

zhjdenis said:

Hi,
1. can I get the MF and RV for a 2020 GLE 450? 36/10k, zip 98011.
2. Is the MSD accepted by all dealers?
3. My current GLE 350 lease term will end by this Dec, can I terminate the lease contract earlier without penalty by leasing a new GLE 450?
Thank you

.00125 MF and 58% residual
MSDs are at the dealer’s discretion
Without penalty? Doubtful

zhjdenis

kyfdx said:

zhjdenis said:

Hi,
1. can I get the MF and RV for a 2020 GLE 450? 36/10k, zip 98011.
2. Is the MSD accepted by all dealers?
3. My current GLE 350 lease term will end by this Dec, can I terminate the lease contract earlier without penalty by leasing a new GLE 450?
Thank you

.00125 MF and 58% residual
MSDs are at the dealer’s discretion
Without penalty? Doubtful

Thank you!

sndmiller

Hello, can you help with the MF/RV for a 2020 GLE 450 for 36/12 for 52240? Thanks!

kyfdx

sndmiller said:

Hello, can you help with the MF/RV for a 2020 GLE 450 for 36/12 for 52240? Thanks!

.00125 MF and 57% residual

dreamykid

Could you please help w/ 2020 GLE 350 vs. 450, MF, RV, acquisition fee (94105)? Any info on avg MSRP % reduction for this area? Will fed rate cut affect the MF? (i.e. should I wait 2 weeks?) thanks in advance!

kyfdx

dreamykid said:

Could you please help w/ 2020 GLE 350 vs. 450, MF, RV, acquisition fee (94105)? Any info on avg MSRP % reduction for this area? Will fed rate cut affect the MF? (i.e. should I wait 2 weeks?) thanks in advance!

36/15
.00125 MF and 55% residual

$795 acquisition fee

No info on pricing.
No info on possible reaction to the Fed rate cut (certainly won't matter for the next month)
No info on what new program will bring for August.

dreamykid

Thanks so much, what would the MF/residual be for 36 mo/12k? If the dealer quotes me a MF 0.00177, is it safe to assume the difference is their markup?

Is all this dependent on geography? (big city worst price?). Would it matter much if I drive outside for 2 hours, or will all the MF/ #'s be based on where I live/ registration zip code?

Is MF negotiable? (Sorry if q's are dumb, I'm new at this!). If not negotiable, besides trying to negotiate the lowest MRSP, what other items are amenable to negotiation?

kyfdx

dreamykid said:

Thanks so much, what would the MF/residual be for 36 mo/12k? If the dealer quotes me a MF 0.00177, is it safe to assume the difference is their markup?

Is all this dependent on geography? (big city worst price?). Would it matter much if I drive outside for 2 hours, or will all the MF/ #'s be based on where I live/ registration zip code?

Is MF negotiable? (Sorry if q's are dumb, I'm new at this!). If not negotiable, besides trying to negotiate the lowest MRSP, what other items are amenable to negotiation?

57% for 36/12

.00177 MF was the base rate for the 450 in June. If your quote was from June, the numbers have changed.
If the number was from July, then it has been marked up.

The base rate we give is as low as you can go. If the dealer marks it up, that part of it is negotiable.
Mercedes programs are national.

lmrea

Hello,

Could you please help with MF, RV for a 2020 GLE 350 4matic?
36/10 and 36/12 zip 94010

Thank you.

kyfdx

lmrea said:

Hello,

Could you please help with MF, RV for a 2020 GLE 350 4matic?
36/10 and 36/12 zip 94010

Thank you.

36/12
.00125 MF and 57% residual

Desertratlv

I know it’s probably a little too soon but any word on the numbers for August? Looking for 36/15 numbers on 2020 GLE 350 2wd. Zip is 89144. Thanks!

m0neyfact0r

Could you please help with MF, RV for a 2020 GLE 350 and 450 4matic?
36/15 zip 94583

Michaell

Desertratlv said:

I know it’s probably a little too soon but any word on the numbers for August? Looking for 36/15 numbers on 2020 GLE 350 2wd. Zip is 89144. Thanks!

No RWD numbers, this month.

Michaell

m0neyfact0r said:

Could you please help with MF, RV for a 2020 GLE 350 and 450 4matic?
36/15 zip 94583

.00125 and 55%
No incentives

Either model

musicnut006

Could you please help with MF, RV for a 2020 GLE 450 4matic?
36/15 zip 76262

kyfdx

musicnut006 said:

Could you please help with MF, RV for a 2020 GLE 450 4matic?
36/15 zip 76262

.00125 MF and 55% residual

JimmyH67

Could you please help with MF, RV for a 2020 GLE 350 4matic? 36/15K Zip: 33602

kyfdx

JimmyH67 said:

Could you please help with MF, RV for a 2020 GLE 350 4matic? 36/15K Zip: 33602

.00125 MF and 55% residual

m0neyfact0r

My lease ends at the end of August.
Is it better to buy in August or sept?

kyfdx

m0neyfact0r said:

My lease ends at the end of August.
Is it better to buy in August or sept?

I'd say you better start shopping now, so you don't end up without a car.

But, the current programs run through September 3rd.
If you are asking if the programs will be better in September, we have no insight or guesses.

m0neyfact0r

kyfdx said:

m0neyfact0r said:

My lease ends at the end of August.
Is it better to buy in August or sept?

I'd say you better start shopping now, so you don't end up without a car.

But, the current programs run through September 3rd.
If you are asking if the programs will be better in September, we have no insight or guesses.

Historically do they offer better deals in sept?
I would assume yes as it’s quarter end but...
lease ends in August and I have an extra car that I can use.

archmod2

Looking for MF/RV for 2020 GLE450 4Matic 36/15 in zip 95746. Any incentives?
Thanks

kyfdx

m0neyfact0r said:

kyfdx said:

m0neyfact0r said:

My lease ends at the end of August.
Is it better to buy in August or sept?

I'd say you better start shopping now, so you don't end up without a car.

But, the current programs run through September 3rd.
If you are asking if the programs will be better in September, we have no insight or guesses.

Historically do they offer better deals in sept?
I would assume yes as it’s quarter end but...
lease ends in August and I have an extra car that I can use.

If you are asking if the programs will be better in September, we have no insight or guesses.

kyfdx

archmod2 said:

Looking for MF/RV for 2020 GLE450 4Matic 36/15 in zip 95746. Any incentives?
Thanks

.00125 MF and 55% residual
No lease incentives

nexxus

Hey! Could you please give me MF/RV/Incentives for 350 4Matic (36/15k) in zip 89123. Do have any insight for the numbers for 36/20k miles?

Michaell

nexxus said:

Hey! Could you please give me MF/RV/Incentives for 350 4Matic (36/15k) in zip 89123. Do have any insight for the numbers for 36/20k miles?

.00125 and 55%

MB is one of the few brands that publishes residuals for mileages greater than 15K

For 20K, the residual is 50%

tazk

Hi, current (August) MF and residual for 2019 and 2020 mercedes benz GLE 350 4matic 36/10k?
36/12k?
NY 11801

Thanks!

kyfdx

tazk said:

Hi, current (August) MF and residual for 2019 and 2020 mercedes benz GLE 350 4matic 36/10k?
36/12k?
NY 11801

Thanks!

36/12
.00125 MF and 57% residual

johnd39

Hello, can you help with the MF/RV for a 2020 GLE 350 for 36/10 for 92692? Thanks!

Michaell

johnd39 said:

Hello, can you help with the MF/RV for a 2020 GLE 350 for 36/10 for 92692? Thanks!

.00125 and 58%
No incentives

nsoltz

Looking for current residual and MF GLE350W4, zip 07666 on 36/10 1 payment lease

kyfdx

nsoltz said:

Looking for current residual and MF GLE350W4, zip 07666 on 36/10 1 payment lease

.00125 MF and 58% residual
(normal term)

Sorry, but I don't have the money factor for the single payment lease.
(I would expect it to be substantially lower (by .00060-.00100 less)