2020 Mercedes Benz GLE-Class Lease Deals and Prices

1679111233

Comments

  • kyfdxkyfdx Moderator Posts: 267,637

    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

    .00125 MF and 55% residual is correct.

    Can't get around TX sales tax.

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  • kyfdxkyfdx Moderator Posts: 267,637
    TRBOGTI said:

    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

    Acquisition fee is marked up by $300 +$699 admin fee is an extra $1000 total.

    The numbers given don't add up to the Gross CAP.
    Do you have the Net or Adjusted CAP?

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  • Kalby2Kalby2 Member Posts: 24
    Hello, could you provide the MF/RV for GLE350 AWD 12k/36mo zip 11725 any incentives? thank you!
  • kyfdxkyfdx Moderator Posts: 267,637
    Kalby2 said:

    Hello, could you provide the MF/RV for GLE350 AWD 12k/36mo zip 11725 any incentives? thank you!

    .00125 MF and 57% residual
    No lease incentives

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  • TRBOGTITRBOGTI Member Posts: 2
    kyfdx said:

    TRBOGTI said:

    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

    Acquisition fee is marked up by $300 +$699 admin fee is an extra $1000 total.

    The numbers given don't add up to the Gross CAP.
    Do you have the Net or Adjusted CAP?
    $63,946.10
  • MichaellMichaell Moderator Posts: 264,415

    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

    I get $1118/mo when I plug those numbers into my spreadsheet

    Only the cap cost (OTD price) and MF can be modified; confirm with the dealers what numbers they are using for their quote.

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  • MichaellMichaell Moderator Posts: 264,415
    TRBOGTI said:

    kyfdx said:

    TRBOGTI said:

    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

    Acquisition fee is marked up by $300 +$699 admin fee is an extra $1000 total.

    The numbers given don't add up to the Gross CAP.
    Do you have the Net or Adjusted CAP?
    $63,946.10
    I get the same payment, to the penny.

    But, that extra $1000 in fees is adding about $30/mo to the payment.

    You can try to get the selling price down $1K to offset that.

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  • drile41drile41 Member Posts: 5
    Hello

    Can I have the MF and residual for 98119

    2020 GLE350 4Matic 36/15

    Thanks!
  • bhoover76bhoover76 Member Posts: 39
    Hi,

    Looking for MF and RV for 2020 GLE350 4MATIC 36/12, 39/12, and 48/12 in 15090 (it's the physical location of the purchase, right? or is it my zip code? in that case, my zip is 15721)

    Many, many thanks.
  • LBT2019LBT2019 Member Posts: 4
    Good evening. I am looking to lease a 2020 GLE 450. What should my MF and residual be on a 48/15 lease? My zip code is: 33556.
    Thank You in advance.
  • kyfdxkyfdx Moderator Posts: 267,637
    edited September 2019
    bhoover76 said:

    Hi,

    Looking for MF and RV for 2020 GLE350 4MATIC 36/12, 39/12, and 48/12 in 15090 (it's the physical location of the purchase, right? or is it my zip code? in that case, my zip is 15721)

    Many, many thanks.

    GLE numbers are national

    .00125 MF
    57%/52%/48% residual for 36/42/48 months

    We don't have the 39 month residuals

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  • kyfdxkyfdx Moderator Posts: 267,637
    drile41 said:

    Hello

    Can I have the MF and residual for 98119

    2020 GLE350 4Matic 36/15

    Thanks!

    .00125 MF and 55% residual

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  • kyfdxkyfdx Moderator Posts: 267,637
    LBT2019 said:

    Good evening. I am looking to lease a 2020 GLE 450. What should my MF and residual be on a 48/15 lease? My zip code is: 33556.
    Thank You in advance.

    .00125 MF and 48% residual

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  • LBT2019LBT2019 Member Posts: 4
    kyfdx said:

    LBT2019 said:

    Good evening. I am looking to lease a 2020 GLE 450. What should my MF and residual be on a 48/15 lease? My zip code is: 33556.
    Thank You in advance.

    .00125 MF and 48% residual
    The contract paperwork they gave me has a Residual value $455.00 less that what 48% would be and the MF= .00226. I was not happy about that when I saw it. I am supposed to pick up the car tomorrow. I may discuss the need to make some changes; or, I walk...
  • Leopard4Leopard4 Member Posts: 40
    edited September 2019
    Hi! Please provide the MF and RV of a 2020 GLE 350 for the month of September 36/10k. Zip code: 33185

    Thanks!
  • MichaellMichaell Moderator Posts: 264,415
    LBT2019 said:

    kyfdx said:

    LBT2019 said:

    Good evening. I am looking to lease a 2020 GLE 450. What should my MF and residual be on a 48/15 lease? My zip code is: 33556.
    Thank You in advance.

    .00125 MF and 48% residual
    The contract paperwork they gave me has a Residual value $455.00 less that what 48% would be and the MF= .00226. I was not happy about that when I saw it. I am supposed to pick up the car tomorrow. I may discuss the need to make some changes; or, I walk...
    If you haven't taken delivery, then yes, you should absolutely renegotiate the deal, or start over with a different dealer.

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  • MichaellMichaell Moderator Posts: 264,415
    Leopard4 said:

    Hi! Please provide the MF and RV of a 2020 GLE 350 for the month of September 36/10k. Zip code: 33185

    Thanks!

    .00125 and 58%

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  • kyfdxkyfdx Moderator Posts: 267,637
    LBT2019 said:

    kyfdx said:

    LBT2019 said:

    Good evening. I am looking to lease a 2020 GLE 450. What should my MF and residual be on a 48/15 lease? My zip code is: 33556.
    Thank You in advance.

    .00125 MF and 48% residual
    The contract paperwork they gave me has a Residual value $455.00 less that what 48% would be and the MF= .00226. I was not happy about that when I saw it. I am supposed to pick up the car tomorrow. I may discuss the need to make some changes; or, I walk...
    Is it a loaner/demo with existing mileage? Or, a heavily optioned unit that exceeds MRM? Those would be the only reasons for the residual to be different. The other possibility is that their "MSRP" includes some dealer accessories that aren't residualized, and the actual MSRP is lower than reported.

    .00226 would be a huge markup. Adding $125/mo+ to the payment.

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  • GoRamsGoRams Member Posts: 2
    Hello, looking for MF and residual value for a 350 GLE 2020 in 02818. I believe dealer quoted me the MF is .000145 and the residual is 57. I thought these numbers are “fixed” and not negotiable. Please advise. Thank you
  • MichaellMichaell Moderator Posts: 264,415
    GoRams said:

    Hello, looking for MF and residual value for a 350 GLE 2020 in 02818. I believe dealer quoted me the MF is .000145 and the residual is 57. I thought these numbers are “fixed” and not negotiable. Please advise. Thank you

    The base MF is .00125; the dealer is free to mark up that rate. Tell them you won't sign any deal unless it includes the base MF

    The residual is fixed by the bank and cannot be altered.

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  • LBT2019LBT2019 Member Posts: 4
    kyfdx said:

    LBT2019 said:

    kyfdx said:

    LBT2019 said:

    Good evening. I am looking to lease a 2020 GLE 450. What should my MF and residual be on a 48/15 lease? My zip code is: 33556.
    Thank You in advance.

    .00125 MF and 48% residual
    The contract paperwork they gave me has a Residual value $455.00 less that what 48% would be and the MF= .00226. I was not happy about that when I saw it. I am supposed to pick up the car tomorrow. I may discuss the need to make some changes; or, I walk...
    Is it a loaner/demo with existing mileage? Or, a heavily optioned unit that exceeds MRM? Those would be the only reasons for the residual to be different. The other possibility is that their "MSRP" includes some dealer accessories that aren't residualized, and the actual MSRP is lower than reported.

    .00226 would be a huge markup. Adding $125/mo+ to the payment.
    Long Story short - went back to them this morning...(I provided a text/call yesterday letting them know I wasnt happy) - when I arrived, they already had the paperwork redone and ready for signature with the correct RV and MF. They were upfront; said, they are in business to make money and were holding the points but, want to make me happy/keep me, etc...

    I go the 48% RV and .00125 MF - thank you all for your help and guidance. It is a great vehicle.
  • GoRamsGoRams Member Posts: 2
    Thank you. The dealer quoted me a total cap reduction of 1545 however my downpayment is 2500. Doesn’t the total cap reduction include my down payment plus rebates (zero)? Since the total cost reduction is subtracted from the gross number (in figuring out my monthly payment) should my total cap reduction be the as same my down payment (plus rebate which is zero). Also, I am also turning in my mercedes lease. Shouldn’t I be eligible for some kind of rebate or loyalty credit? I really appreciate your time and advice


    Thank you for your time.

  • MichaellMichaell Moderator Posts: 264,415
    LBT2019 said:

    kyfdx said:

    LBT2019 said:

    kyfdx said:

    LBT2019 said:

    Good evening. I am looking to lease a 2020 GLE 450. What should my MF and residual be on a 48/15 lease? My zip code is: 33556.
    Thank You in advance.

    .00125 MF and 48% residual
    The contract paperwork they gave me has a Residual value $455.00 less that what 48% would be and the MF= .00226. I was not happy about that when I saw it. I am supposed to pick up the car tomorrow. I may discuss the need to make some changes; or, I walk...
    Is it a loaner/demo with existing mileage? Or, a heavily optioned unit that exceeds MRM? Those would be the only reasons for the residual to be different. The other possibility is that their "MSRP" includes some dealer accessories that aren't residualized, and the actual MSRP is lower than reported.

    .00226 would be a huge markup. Adding $125/mo+ to the payment.
    Long Story short - went back to them this morning...(I provided a text/call yesterday letting them know I wasnt happy) - when I arrived, they already had the paperwork redone and ready for signature with the correct RV and MF. They were upfront; said, they are in business to make money and were holding the points but, want to make me happy/keep me, etc...

    I go the 48% RV and .00125 MF - thank you all for your help and guidance. It is a great vehicle.
    Congrats!

    Goes to show the power of knowledge.

    Thanks for the report.

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  • MichaellMichaell Moderator Posts: 264,415
    GoRams said:

    Thank you. The dealer quoted me a total cap reduction of 1545 however my downpayment is 2500. Doesn’t the total cap reduction include my down payment plus rebates (zero)? Since the total cost reduction is subtracted from the gross number (in figuring out my monthly payment) should my total cap reduction be the as same my down payment (plus rebate which is zero). Also, I am also turning in my mercedes lease. Shouldn’t I be eligible for some kind of rebate or loyalty credit? I really appreciate your time and advice


    Thank you for your time.

    Chances are, the first payment is part of that up front cash amount, and maybe registration costs, too. Check with the dealer for details.

    No information on loyalty incentives for MB

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  • lease424lease424 Member Posts: 31
    Do you have new MF and RV on GLE 350 90024, 24/12, 36/12?
  • TDKHTDKH Member Posts: 1
    Can I get the MF and RV for 2020 GLE 350 for Portland, Oregon 97205?
  • caro74caro74 Member Posts: 7
    Zip = 95054, 36/10 lease. May I have September numbers on a 2020 GLE 350 4MATIC ?
    MF, RV, incentives if any. Thanks.
  • kyfdxkyfdx Moderator Posts: 267,637
    lease424 said:

    Do you have new MF and RV on GLE 350 90024, 24/12, 36/12?

    RWD or AWD?

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  • kyfdxkyfdx Moderator Posts: 267,637
    TDKH said:

    Can I get the MF and RV for 2020 GLE 350 for Portland, Oregon 97205?

    RWD or AWD?

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  • kyfdxkyfdx Moderator Posts: 267,637
    caro74 said:

    Zip = 95054, 36/10 lease. May I have September numbers on a 2020 GLE 350 4MATIC ?
    MF, RV, incentives if any. Thanks.

    .00125 MF and 58% residual
    No lease incentives

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  • sethnasethna Member Posts: 2
    edited September 2019
    Hi! I'm looking for a 2020 GLE AMG 43 Coupe, 36/10. My zip is 94539. What would be the MF and RV?
  • twinsmom6twinsmom6 Member Posts: 5
    2020 GLE350 - MSRP $62,405

    Is this a good deal? Can I do better?

    36 month

    15,000 miles/year

    $727/month

    $4271 – total out of pocket – includes 1st payment, MV, Docs, Taxes (NJ)

  • lease424lease424 Member Posts: 31
    edited September 2019
    could you give both RWD and AWD?
    Are the numbers the same as August?
  • jerzeyjay19jerzeyjay19 Member Posts: 2
    Given these numbers...good deal? NJ

    GLE 350 AWD
    MSRP 67,700 discounted down over 5k.

    36 mo/15k Miles, $2400 out the door. $900/mo even

    AMG Exterior w/night package, DP1 Premium, parking assistance etc

    This seems best offer so far
  • bhoover76bhoover76 Member Posts: 39
    Hi, Sorry if this has been asked. I tried to sift through the discussion, but couldn't find: 2020 GLE 350 4MATIC. 42 mos/10000 per year. RV and MF?

    Thanks again.
  • MichaellMichaell Moderator Posts: 264,415
    sethna said:

    Hi! I'm looking for a 2020 GLE AMG 43 Coupe, 36/10. My zip is 94539. What would be the MF and RV?

    No numbers, this month for 2020 GLE 43 Coupe

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  • MichaellMichaell Moderator Posts: 264,415
    edited September 2019
    twinsmom6 said:

    2020 GLE350 - MSRP $62,405

    Is this a good deal? Can I do better?

    36 month

    15,000 miles/year

    $727/month

    $4271 – total out of pocket – includes 1st payment, MV, Docs, Taxes (NJ)

    What is the selling price?

    RWD or AWD?

    Do you have an itemization for the $4271?

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  • MichaellMichaell Moderator Posts: 264,415
    lease424 said:

    Do you have new MF and RV on GLE 350 90024, 24/12, 36/12?

    lease424 said:

    could you give both RWD and AWD?
    Are the numbers the same as August?

    RWD - .00136 and 64% / 57%
    AWD - .00125 and 64% / 57%
    no incentives

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  • MichaellMichaell Moderator Posts: 264,415

    Given these numbers...good deal? NJ

    GLE 350 AWD
    MSRP 67,700 discounted down over 5k.

    36 mo/15k Miles, $2400 out the door. $900/mo even

    AMG Exterior w/night package, DP1 Premium, parking assistance etc

    This seems best offer so far

    Do you have the adjusted cap cost?
    And, an itemization of the $2400 up front?

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  • MichaellMichaell Moderator Posts: 264,415
    bhoover76 said:

    Hi, Sorry if this has been asked. I tried to sift through the discussion, but couldn't find: 2020 GLE 350 4MATIC. 42 mos/10000 per year. RV and MF?

    Thanks again.

    .00125 and 53%

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  • jerzeyjay19jerzeyjay19 Member Posts: 2
    Michaell said:

    Given these numbers...good deal? NJ

    GLE 350 AWD
    MSRP 67,700 discounted down over 5k.

    36 mo/15k Miles, $2400 out the door. $900/mo even

    AMG Exterior w/night package, DP1 Premium, parking assistance etc

    This seems best offer so far

    Do you have the adjusted cap cost?
    And, an itemization of the $2400 up front?
    not as yet - been working this over text...ha. going in to dealer tomorrow to get more info.
  • kcdublinkcdublin Member Posts: 74
    Hi,

    Can I please get MF and Residual for GLE350 and 450 AWD, 36/10?

    Thanks.
  • MichaellMichaell Moderator Posts: 264,415
    kcdublin said:

    Hi,

    Can I please get MF and Residual for GLE350 and 450 AWD, 36/10?

    Thanks.

    .00125 and 58%
    No incentives

    Either model

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  • robalo220robalo220 Member Posts: 22
    Hello. Can you give numbers for RV and MF for 2020 GLE 350 4matic: 24/12, 30/12 and 36/12 in 40241 and 41011 zips? Not sure if rates are different in same state but different cities. Also what is the difference in the RV if we do 10k miles per year on all 3 terms? Thanks
  • kyfdxkyfdx Moderator Posts: 267,637
    robalo220 said:

    Hello. Can you give numbers for RV and MF for 2020 GLE 350 4matic: 24/12, 30/12 and 36/12 in 40241 and 41011 zips? Not sure if rates are different in same state but different cities. Also what is the difference in the RV if we do 10k miles per year on all 3 terms? Thanks

    .00125 MF
    64%/60%/57% residual
    +1% for 10K/yr

    Rates on this model do not vary by location

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  • FrankieFrankie Member Posts: 37
    What are the MF/RV/Incentives for 2020 GLE 350 AWD 36/12K in 07731?
  • MichaellMichaell Moderator Posts: 264,415
    Frankie said:

    What are the MF/RV/Incentives for 2020 GLE 350 AWD 36/12K in 07731?

    .00125 and 57%

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  • Hello- what is the MF and RV for a 2020 GLE 4matic 36/12k for 22401? Thanks so much!
  • MichaellMichaell Moderator Posts: 264,415

    Hello- what is the MF and RV for a 2020 GLE 4matic 36/12k for 22401? Thanks so much!

    .00125 and 57%
    No incentives

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  • bhoover76bhoover76 Member Posts: 39
    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!
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