2020 Mercedes Benz GLE-Class Lease Deals and Prices

4tune

Looking to lease a 2020 gle 350 4matic. Here are the numbers the dealer gave me.

MSRP 67910
Selling price 64135
Out the door price which includes taxes and fees 69306
Lease for 10k miles for 36 months
First month and fees due at signing 1452
Monthly payment 996
I wasn’t given the MF or residual

Is this a good deal?
Thank you for ur help

kyfdx

4tune said:

Looking to lease a 2020 gle 350 4matic. Here are the numbers the dealer gave me.

MSRP 67910
Selling price 64135
Out the door price which includes taxes and fees 69306
Lease for 10k miles for 36 months
First month and fees due at signing 1452
Monthly payment 996
I wasn’t given the MF or residual

Is this a good deal?
Thank you for ur help

.00125 MF and 58% residual

What is your location?

4tune

Elmhurst Illinois 60126

kyfdx

4tune said:

Elmhurst Illinois 60126

I wonder if your "out the door" number is for a purchase or a lease?
$5200 seems like a lot of extra charges for a lease.

$2700 tax
$795 acq.fee

That's only $3500..

If I use their "out the door" price as the adjusted CAP, I still only get to $966/mo.

The whole deal seems about $2700 too much ($75/mo), and that is with just an average discount from MSRP.

I'll guess they've padded with some extra charges and/or marked up the money factor.

Gurun123

Can I please get MF & RV for 2020 GLE350 AWD for 24/36/48 months, 12K miles a year, in 46278? Thanks.

kyfdx

Gurun123 said:

Can I please get MF & RV for 2020 GLE350 AWD for 24/36/48 months, 12K miles a year, in 46278? Thanks.

.00125 MF
64%/57%/48% residual

4tune

kyfdx said:

4tune said:

Elmhurst Illinois 60126

I wonder if your "out the door" number is for a purchase or a lease?
$5200 seems like a lot of extra charges for a lease.

$2700 tax
$795 acq.fee

That's only $3500..

If I use their "out the door" price as the adjusted CAP, I still only get to $966/mo.

The whole deal seems about $2700 too much ($75/mo), and that is with just an average discount from MSRP.

I'll guess they've padded with some extra charges and/or marked up the money factor.

kyfdx said:

4tune said:

Elmhurst Illinois 60126

I wonder if your "out the door" number is for a purchase or a lease?
$5200 seems like a lot of extra charges for a lease.

$2700 tax
$795 acq.fee

That's only $3500..

If I use their "out the door" price as the adjusted CAP, I still only get to $966/mo.

The whole deal seems about $2700 too much ($75/mo), and that is with just an average discount from MSRP.

I'll guess they've padded with some extra charges and/or marked up the money factor.

I got some more information
64135 is the adjusted cap cost
MSRP is 67910
They are using a mf of .00165
I used the mf as .00125
@7.25% tax rate I get to a payment of 876 and some change

Can someone double check my math. I went back to the dealer and he said the best he can do is 945. Thoughts?

kyfdx

4tune said:

kyfdx said:

4tune said:

Elmhurst Illinois 60126

I wonder if your "out the door" number is for a purchase or a lease?
$5200 seems like a lot of extra charges for a lease.

$2700 tax
$795 acq.fee

That's only $3500..

If I use their "out the door" price as the adjusted CAP, I still only get to $966/mo.

The whole deal seems about $2700 too much ($75/mo), and that is with just an average discount from MSRP.

I'll guess they've padded with some extra charges and/or marked up the money factor.

kyfdx said:

4tune said:

Elmhurst Illinois 60126

I wonder if your "out the door" number is for a purchase or a lease?
$5200 seems like a lot of extra charges for a lease.

$2700 tax
$795 acq.fee

That's only $3500..

If I use their "out the door" price as the adjusted CAP, I still only get to $966/mo.

The whole deal seems about $2700 too much ($75/mo), and that is with just an average discount from MSRP.

I'll guess they've padded with some extra charges and/or marked up the money factor.

I got some more information
64135 is the adjusted cap cost
MSRP is 67910
They are using a mf of .00165
I used the mf as .00125
@7.25% tax rate I get to a payment of 876 and some change

Can someone double check my math. I went back to the dealer and he said the best he can do is 945. Thoughts?

Your calculations are correct..

But, if $64135 was really the adjusted CAP cost, you'd have to pay taxes, acquisition fee, etc, etc upfront. And, that is obviously not how the quote is structured.

If that is the selling price, then your upfront would be $4000+
(IL collects the tax upfront.. so, if you aren't paying it upfront, then it has to be added to the CAP cost)

So, the dealer still hasn't disclosed the adjusted CAP.

I'll assume your upfront is first payment, plus DMV/doc fee.

$64135
+$795 acq. fee
$2300 tax (est)
= $67230 adjusted CAP
.00125 MF and 58% residual
$907/mo.
.00165 MF = $949/mo. (pretty close to the quote)

Now, it looks like the dealer has removed whatever padding they had in the original quote, except for the money factor bump.

Next question to ask: "What is the actual adjusted CAP cost, and how much is Due at Signing?"

If the answer is $1450 upfront and $945/mo, you have to decide whether to take it, or counter with $1450 and $900/mo.

Then, see what happens.

borusik83

Can I please get MF and RV for GLE 350 in Illinois? 12k/year. 36 months lease.

kyfdx

borusik83 said:

Can I please get MF and RV for GLE 350 in Illinois? 12k/year. 36 months lease.

.00125 MF and 57% residual

wac750

Can i get MF and RV for GLE 350 at 27609? 10k/36

LTBuy

Can I get MF and RV for GLE 350 and 450 at 65203? 12k/36

4tune

kyfdx said:

4tune said:

kyfdx said:

4tune said:

Elmhurst Illinois 60126

I wonder if your "out the door" number is for a purchase or a lease?
$5200 seems like a lot of extra charges for a lease.

$2700 tax
$795 acq.fee

That's only $3500..

If I use their "out the door" price as the adjusted CAP, I still only get to $966/mo.

The whole deal seems about $2700 too much ($75/mo), and that is with just an average discount from MSRP.

I'll guess they've padded with some extra charges and/or marked up the money factor.

kyfdx said:

4tune said:

Elmhurst Illinois 60126

I wonder if your "out the door" number is for a purchase or a lease?
$5200 seems like a lot of extra charges for a lease.

$2700 tax
$795 acq.fee

That's only $3500..

If I use their "out the door" price as the adjusted CAP, I still only get to $966/mo.

The whole deal seems about $2700 too much ($75/mo), and that is with just an average discount from MSRP.

I'll guess they've padded with some extra charges and/or marked up the money factor.

I got some more information
64135 is the adjusted cap cost
MSRP is 67910
They are using a mf of .00165
I used the mf as .00125
@7.25% tax rate I get to a payment of 876 and some change

Can someone double check my math. I went back to the dealer and he said the best he can do is 945. Thoughts?

Your calculations are correct..

But, if $64135 was really the adjusted CAP cost, you'd have to pay taxes, acquisition fee, etc, etc upfront. And, that is obviously not how the quote is structured.

If that is the selling price, then your upfront would be $4000+
(IL collects the tax upfront.. so, if you aren't paying it upfront, then it has to be added to the CAP cost)

So, the dealer still hasn't disclosed the adjusted CAP.

I'll assume your upfront is first payment, plus DMV/doc fee.

$64135
+$795 acq. fee
$2300 tax (est)
= $67230 adjusted CAP
.00125 MF and 58% residual
$907/mo.
.00165 MF = $949/mo. (pretty close to the quote)

Now, it looks like the dealer has removed whatever padding they had in the original quote, except for the money factor bump.

Next question to ask: "What is the actual adjusted CAP cost, and how much is Due at Signing?"

If the answer is $1450 upfront and $945/mo, you have to decide whether to take it, or counter with $1450 and $900/mo.

Then, see what happens.

The dealer on his own accord got back to me and said he is willling to go down to $899/month.

Everything is rolled in. Including taxes. The only thing I’d have to pay is the first months payment and fees which r around 500

Thoughts?

mishajiji

Hello,

Could you please share mf and RV for GLE 350 4matic 36/12k. 89148 zip. Thank you.

carbuyer842

Please share MF and RF for 2020 GLE 350 and 450. 7.5k miles. 36 months. 10 MSDs. ZIP: 94024

Does Zip Code matter?

snpl88

Is this a good deal for 2020 GLE 350? 36m /10k
MSRP $64425; Sale price: $59271 (8% off MSRP)
Out of door total: $2300 (down payment) +$675(first month)+ ~$500(license and other fees), $9000 refundable security deposit to bring the MF to 0.00055
Total monthly payment: $675.
I think the $9000 security deposit is high. dealer told me the standard MF is 0.00225.

Thanks

Michaell

wac750 said:

Can i get MF and RV for GLE 350 at 27609? 10k/36

.00125 and 58%

Michaell

LTBuy said:

Can I get MF and RV for GLE 350 and 450 at 65203? 12k/36

.00125 and 57%
Either model

Michaell

4tune said:

kyfdx said:

4tune said:

kyfdx said:

4tune said:

Elmhurst Illinois 60126

I wonder if your "out the door" number is for a purchase or a lease?
$5200 seems like a lot of extra charges for a lease.

$2700 tax
$795 acq.fee

That's only $3500..

If I use their "out the door" price as the adjusted CAP, I still only get to $966/mo.

The whole deal seems about $2700 too much ($75/mo), and that is with just an average discount from MSRP.

I'll guess they've padded with some extra charges and/or marked up the money factor.

kyfdx said:

4tune said:

Elmhurst Illinois 60126

I wonder if your "out the door" number is for a purchase or a lease?
$5200 seems like a lot of extra charges for a lease.

$2700 tax
$795 acq.fee

That's only $3500..

If I use their "out the door" price as the adjusted CAP, I still only get to $966/mo.

The whole deal seems about $2700 too much ($75/mo), and that is with just an average discount from MSRP.

I'll guess they've padded with some extra charges and/or marked up the money factor.

I got some more information
64135 is the adjusted cap cost
MSRP is 67910
They are using a mf of .00165
I used the mf as .00125
@7.25% tax rate I get to a payment of 876 and some change

Can someone double check my math. I went back to the dealer and he said the best he can do is 945. Thoughts?

Your calculations are correct..

But, if $64135 was really the adjusted CAP cost, you'd have to pay taxes, acquisition fee, etc, etc upfront. And, that is obviously not how the quote is structured.

If that is the selling price, then your upfront would be $4000+
(IL collects the tax upfront.. so, if you aren't paying it upfront, then it has to be added to the CAP cost)

So, the dealer still hasn't disclosed the adjusted CAP.

I'll assume your upfront is first payment, plus DMV/doc fee.

$64135
+$795 acq. fee
$2300 tax (est)
= $67230 adjusted CAP
.00125 MF and 58% residual
$907/mo.
.00165 MF = $949/mo. (pretty close to the quote)

Now, it looks like the dealer has removed whatever padding they had in the original quote, except for the money factor bump.

Next question to ask: "What is the actual adjusted CAP cost, and how much is Due at Signing?"

If the answer is $1450 upfront and $945/mo, you have to decide whether to take it, or counter with $1450 and $900/mo.

Then, see what happens.

The dealer on his own accord got back to me and said he is willling to go down to $899/month.

Everything is rolled in. Including taxes. The only thing I’d have to pay is the first months payment and fees which r around 500

Thoughts?

$1400 up front and $899/mo?

Looks like what my co-host suggested in his prior post.

Michaell

mishajiji said:

Hello,

Could you please share mf and RV for GLE 350 4matic 36/12k. 89148 zip. Thank you.

.00125 and 57%

Michaell

carbuyer842 said:

Please share MF and RF for 2020 GLE 350 and 450. 7.5k miles. 36 months. 10 MSDs. ZIP: 94024

Does Zip Code matter?

.00125 and 59%
Either model

.00055 with max MSDs

Michaell

snpl88 said:

Is this a good deal for 2020 GLE 350? 36m /10k
MSRP $64425; Sale price: $59271 (8% off MSRP)
Out of door total: $2300 (down payment) +$675(first month)+ ~$500(license and other fees), $9000 refundable security deposit to bring the MF to 0.00055
Total monthly payment: $675.
I think the $9000 security deposit is high. dealer told me the standard MF is 0.00225.

Thanks

The base MF is .00125; after the MSDs, the adjusted MF is .00055, as noted.

If the dealer is starting you out with a .00225 MF, that's a bad deal. Tell them you will only sign if they start at .00125, before MSDs.

The amount of each SD is the monthly payment, rounded up to the next highest $50. If the payment is $675, the total MSD amount would be $7000

snpl88

Thanks for the SD explanation! Now I understand who the SD is calculated.
If the security deposit goes down to $7000 from $9000, everything else keep the same. Is that a OK deal?
I still have 6 payments left on my current lease which the dealer is going to waive. Does that make the deal even better? Or should I wait till December for better deal but waive 3 remaining payments?
Thanks again.

Michaell

snpl88 said:

Thanks for the SD explanation! Now I understand who the SD is calculated.
If the security deposit goes down to $7000 from $9000, everything else keep the same. Is that a OK deal?
I still have 6 payments left on my current lease which the dealer is going to waive. Does that make the deal even better? Or should I wait till December for better deal but waive 3 remaining payments?
Thanks again.

I'd look real carefully at how those payments will be "waived" - usually, they just end up getting rolled into the new deal.

And, if there's no reason to move into a new lease immediately, then wait. It's not like they are going to stop making 2020's anytime soon.

snpl88

Got it. Thanks!

GJWhite

Hello! Like others, I'm looking for MF and RV on a 2020 GLE450 but for Southeastern CT - 06320 for 36m/10k and 36m/12k Thanks! Any other advice for a first time lease negotiator would be much appreciated.

Michaell

GJWhite said:

Hello! Like others, I'm looking for MF and RV on a 2020 GLE450 but for Southeastern CT - 06320 for 36m/10k and 36m/12k Thanks! Any other advice for a first time lease negotiator would be much appreciated.

36/12
.00125 and 57%

Negotiate the best price, watch for a markup to the MF, and be aware for egregious fees.

lkeneth

Would you share the information of MF and RV for 2019 GLE 400 4MATIC? 10k/36 and 12k/36, 33071. Thank you!

lkeneth

Would you mind sharing the information of MF, RV and incentives for 2019 GLE 400 4MATIC? 10k/36 and 12k/36, 33071. Thank you!

Michaell

lkeneth said:

Would you mind sharing the information of MF, RV and incentives for 2019 GLE 400 4MATIC? 10k/36 and 12k/36, 33071. Thank you!

36/12
.00035 and 51%
$1000 incentives

GJWhite

Michaell said:

GJWhite said:

Hello! Like others, I'm looking for MF and RV on a 2020 GLE450 but for Southeastern CT - 06320 for 36m/10k and 36m/12k Thanks! Any other advice for a first time lease negotiator would be much appreciated.

36/12
.00125 and 57%

Negotiate the best price, watch for a markup to the MF, and be aware for egregious fees.

Thanks! Any information on the 36mo/10k? That's the one I'm probably going with. Just wanted the 12k to compare.

lkeneth

Michaell said:

lkeneth said:

Would you mind sharing the information of MF, RV and incentives for 2019 GLE 400 4MATIC? 10k/36 and 12k/36, 33071. Thank you!

36/12
.00035 and 51%
$1000 incentives

Thank you! What is the incentive for?

Also, how about the 2020 GLE 350 12k/36, 33071?

Michaell

GJWhite said:

Michaell said:

GJWhite said:

Hello! Like others, I'm looking for MF and RV on a 2020 GLE450 but for Southeastern CT - 06320 for 36m/10k and 36m/12k Thanks! Any other advice for a first time lease negotiator would be much appreciated.

36/12
.00125 and 57%

Negotiate the best price, watch for a markup to the MF, and be aware for egregious fees.

Thanks! Any information on the 36mo/10k? That's the one I'm probably going with. Just wanted the 12k to compare.

58% residual

Michaell

lkeneth said:

Michaell said:

lkeneth said:

Would you mind sharing the information of MF, RV and incentives for 2019 GLE 400 4MATIC? 10k/36 and 12k/36, 33071. Thank you!

36/12
.00035 and 51%
$1000 incentives

Thank you! What is the incentive for?

Also, how about the 2020 GLE 350 12k/36, 33071?

Factory to dealer incentive

2020 GLE 350 - .00125 and 57%

jfeins02

can I pls get the numbers on the 350 AWD and RWD 36/10 90048

Michaell

jfeins02 said:

can I pls get the numbers on the 350 AWD and RWD 36/10 90048

.00125 and 58%

jfeins02

Michaell said:

jfeins02 said:

can I pls get the numbers on the 350 AWD and RWD 36/10 90048

.00125 and 58%

No incentive in SoCal?

Michaell

jfeins02 said:

Michaell said:

jfeins02 said:

can I pls get the numbers on the 350 AWD and RWD 36/10 90048

.00125 and 58%

No incentive in SoCal?

No incentives, nationally.

mojave761

Can I please get MF and RV for GLE 350 at 29464? 10k/36mo. Thank you.

Michaell

mojave761 said:

Can I please get MF and RV for GLE 350 at 29464? 10k/36mo. Thank you.

.00125 and 58%

Road_daddy

Hello!

Looking for MF & RV for the trims below, 95134 zip. Additional what would be a good price for the base model? Any incentives for San Jose, CA?

Thanks in advance!

2020 GLE350 4Matic 36/12
2020 GLE450 4Matic 36/12

Michaell

Road_daddy said:

Hello!

Looking for MF & RV for the trims below, 95134 zip. Additional what would be a good price for the base model? Any incentives for San Jose, CA?

Thanks in advance!

2020 GLE350 4Matic 36/12
2020 GLE450 4Matic 36/12

.00125 and 57%
No incentives

Either model

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

raz5219

Hello, can you give me the MF & Residual for 2020 GLE350 4Matic and 2020 GLE450 4Matic in 11577? 36/10

michaelb71

Hi I was looking for RV and MF for a GLE 350 4Matic in 80016 for 36/15K please-thank you very much!

Ghillaman

Hi,
Could I please get the MF/RV for a 350 AWD 2020 GLE in zip 46240?
36months/12k

Michaell

raz5219 said:

Hello, can you give me the MF & Residual for 2020 GLE350 4Matic and 2020 GLE450 4Matic in 11577? 36/10

.00125 and 58%

Either model.

Michaell

michaelb71 said:

Hi I was looking for RV and MF for a GLE 350 4Matic in 80016 for 36/15K please-thank you very much!

.00125 and 55%

Michaell

Ghillaman said:

Hi,
Could I please get the MF/RV for a 350 AWD 2020 GLE in zip 46240?
36months/12k

.00125 and 57%

musicnut006

My custom build order arrives in 1 week. Here are the final numbers: good deal?

2020 GLE450 - zip 76262

MSRP = 79400
Negotiated price = 73400
Tax/fees/license/etc = 5010 (sales tax alone is 4495 of the 5010)
Out the door price =78410

36mo / 15kyr
.00125 MF
55% RV
0 down
$1253/mo

TRBOGTI

Is this a good deal on a 2020 GLE 350? Located in New Jersey

$68,030 msrp
$63,530 Selling Price
$2,087.79 Taxes
$1,095 Acquisition Fee
$699 Dealer Admin Fee
$449.85 Aftermarkets (tint, way overpriced)
$255.92 Cap Fees (no idea what this is)
$66,029.77 Gross Cap Cost
.57 Residual
.00125 Money Factor
12k miles/year
$5k Due at Signing (applying $5k from paid off trade; getting check for remainder)
$827.54/month