2024 Mercedes-Benz GLE-Class Lease Deals, Incentives, Rebates, and Prices

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  • kyfdxkyfdx Moderator Posts: 267,627
    Leopardness said:

    What is the standard MF?

    Tier A1 = .00285 MF

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  • hockey0909hockey0909 Member Posts: 14
    Michaell said:

    hockey0909 said:

    Hello, everyone! Hunting for a GLE 450 or 53 AMG down in South Florida (not fun...).

    Was quoted for a 36 month lease on a $95,495 AMG 53 vehicle, $3k down and $1,883 a month at 10k miles. That price includes some nonsense charges (dent, etc) that could be taken out for "~20 a month"

    I was told when asked these were the MF and residuals
    .52 and .00420

    Anyone know of incentives in my area? 33139

    Thanks in advance.

    The MF is marked up a whole lot. For top tier credit, the MF is .00285.

    For the 450 and 53 SUV, there is $2500 in dealer cash, which should give you a bigger discount from sticker.

    Do you know the selling price and/or adjusted cap cost?
    $96,893 selling price (this is including ~1,400 of random dealer charges I can take off)
  • MichaellMichaell Moderator Posts: 264,415
    hockey0909 said:

    Michaell said:

    hockey0909 said:

    Hello, everyone! Hunting for a GLE 450 or 53 AMG down in South Florida (not fun...).

    Was quoted for a 36 month lease on a $95,495 AMG 53 vehicle, $3k down and $1,883 a month at 10k miles. That price includes some nonsense charges (dent, etc) that could be taken out for "~20 a month"

    I was told when asked these were the MF and residuals
    .52 and .00420

    Anyone know of incentives in my area? 33139

    Thanks in advance.

    The MF is marked up a whole lot. For top tier credit, the MF is .00285.

    For the 450 and 53 SUV, there is $2500 in dealer cash, which should give you a bigger discount from sticker.

    Do you know the selling price and/or adjusted cap cost?
    $96,893 selling price (this is including ~1,400 of random dealer charges I can take off)
    The selling price is higher than the MSRP, even after applying the $2500? Gotta love shopping in Florida.

    But, if I use the MSRP as the cap cost, and the base MF of .00285, I get $1800/mo assuming 7% sales tax.

    So, the dealer quote isn't too far off. Just an expensive vehicle to lease.

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  • jxshjxsh Member Posts: 7
    Hello - looking for a the A1 money factor and residual for GLE 450, 36/12 for 92660. Thanks
  • kyfdxkyfdx Moderator Posts: 267,627
    jxsh said:

    Hello - looking for a the A1 money factor and residual for GLE 450, 36/12 for 92660. Thanks

    Standard MF and 56% residual
    $2500 dealer cash

    Tier A1 = .00285 MF

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  • George63George63 Member Posts: 83

    Hello,

    May I have a MF and Residual Value, Incentives on

    2024 Mercedes-Benz AMG GLE 53

    24 / 12
    30 / 12
    33 / 12
    36 / 12

    Zip 92630

    Can you clarify what is the difference between Tier A1 and Tier T1.

    Thank you!

  • MichaellMichaell Moderator Posts: 264,415
    George63 said:

    Hello,

    May I have a MF and Residual Value, Incentives on

    2024 Mercedes-Benz AMG GLE 53

    24 / 12

    30 / 12

    33 / 12

    36 / 12

    Zip 92630

    Can you clarify what is the difference between Tier A1 and Tier T1.

    Thank you!

    Coupe or SUV?

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  • George63George63 Member Posts: 83

    Coupe.

  • George63George63 Member Posts: 83

    Hello,

    May I have a MF and Residual Value, Incentives on

    2024 Mercedes-Benz AMG GLE 53 - Coupe

    24 / 12
    30 / 12
    33 / 12
    36 / 12

    Zip 92630

    Can you clarify what is the difference between Tier A1 and Tier T1.

    Thank you!

  • MichaellMichaell Moderator Posts: 264,415
    George63 said:

    Hello,

    May I have a MF and Residual Value, Incentives on

    2024 Mercedes-Benz AMG GLE 53 - Coupe

    24 / 12

    30 / 12

    33 / 12

    36 / 12

    Zip 92630

    Can you clarify what is the difference between Tier A1 and Tier T1.

    Thank you!

    Standard MF
    61%
    58%
    No 33 month term
    55%

    A1 = .00285
    T1 = .00315

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  • hockey0909hockey0909 Member Posts: 14
    Michaell said:

    hockey0909 said:

    Michaell said:

    hockey0909 said:

    Hello, everyone! Hunting for a GLE 450 or 53 AMG down in South Florida (not fun...).

    Was quoted for a 36 month lease on a $95,495 AMG 53 vehicle, $3k down and $1,883 a month at 10k miles. That price includes some nonsense charges (dent, etc) that could be taken out for "~20 a month"

    I was told when asked these were the MF and residuals
    .52 and .00420

    Anyone know of incentives in my area? 33139

    Thanks in advance.

    The MF is marked up a whole lot. For top tier credit, the MF is .00285.

    For the 450 and 53 SUV, there is $2500 in dealer cash, which should give you a bigger discount from sticker.

    Do you know the selling price and/or adjusted cap cost?
    $96,893 selling price (this is including ~1,400 of random dealer charges I can take off)
    The selling price is higher than the MSRP, even after applying the $2500? Gotta love shopping in Florida.

    But, if I use the MSRP as the cap cost, and the base MF of .00285, I get $1800/mo assuming 7% sales tax.

    So, the dealer quote isn't too far off. Just an expensive vehicle to lease.
    I love Florida but car shopping is Florida makes Los Angeles seem like a non-shark market, ha.

    Here's my newest quote:

    24' AMG 53 (Non Coupe)
    Selling price - $93,115
    Amex discount - $3,000
    Total balance (taxes, etc) - $92,840

    $2,500 down
    24 months, 7500
    $2149 a month
  • kyfdxkyfdx Moderator Posts: 267,627
    hockey0909 said:

    Michaell said:

    hockey0909 said:

    Michaell said:

    hockey0909 said:

    Hello, everyone! Hunting for a GLE 450 or 53 AMG down in South Florida (not fun...).

    Was quoted for a 36 month lease on a $95,495 AMG 53 vehicle, $3k down and $1,883 a month at 10k miles. That price includes some nonsense charges (dent, etc) that could be taken out for "~20 a month"

    I was told when asked these were the MF and residuals
    .52 and .00420

    Anyone know of incentives in my area? 33139

    Thanks in advance.

    The MF is marked up a whole lot. For top tier credit, the MF is .00285.

    For the 450 and 53 SUV, there is $2500 in dealer cash, which should give you a bigger discount from sticker.

    Do you know the selling price and/or adjusted cap cost?
    $96,893 selling price (this is including ~1,400 of random dealer charges I can take off)
    The selling price is higher than the MSRP, even after applying the $2500? Gotta love shopping in Florida.

    But, if I use the MSRP as the cap cost, and the base MF of .00285, I get $1800/mo assuming 7% sales tax.

    So, the dealer quote isn't too far off. Just an expensive vehicle to lease.
    I love Florida but car shopping is Florida makes Los Angeles seem like a non-shark market, ha.

    Here's my newest quote:

    24' AMG 53 (Non Coupe)
    Selling price - $93,115
    Amex discount - $3,000
    Total balance (taxes, etc) - $92,840

    $2,500 down
    24 months, 7500
    $2149 a month
    No way I'm paying over $2K/month to lease a sub-$100K MSRP vehicle.

    I'd just buy it.

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  • Fibersplicer909Fibersplicer909 Member Posts: 2
    edited April 2024

    Hey can I please get the MF and Residual for a 2024 GLE 350 4Matic AMG LINE ? And any incentives ?
    36/10k
    48/10k
    Zip code: 91325
    Tier A1 credit

    ,Thank you

  • kyfdxkyfdx Moderator Posts: 267,627
    Fibersplicer909 said:

    Hey can I please get the MF and Residual for a 2024 GLE 350 4Matic AMG LINE ? And any incentives ?

    36/10k

    48/10k

    Zip code: 91325

    Tier A1 credit

    ,Thank you

    .00250 MF

    56%
    48% residual

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  • LeaseColoradoLeaseColorado Member Posts: 66
    edited April 2024
    May I please get the 24/7.5 and 36/7.5 numbers in Denver for the 2024 GLE 450e and GLE 450? Please assume highest tier credit. Also do you see any loyalty rebates for the current Mercedes owners?
  • MichaellMichaell Moderator Posts: 264,415
    LeaseColorado said:

    May I please get the 24/7.5 and 36/7.5 numbers in Denver for the 2024 GLE 450e and GLE 450? Please assume highest tier credit. Also do you see any loyalty rebates for the current Mercedes owners?

    450e - Standard MF and 59% / 52%; $7500 lease cash
    450 - Standard MF and 63% / 58%; $2500 dealer cash

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  • LeaseColoradoLeaseColorado Member Posts: 66

    @Michaell said:
    450e - Standard MF and 59% / 52%; $7500 lease cash
    450 - Standard MF and 63% / 58%; $2500 dealer cash

    Thanks! Could you please also share the 48/7.5k numbers for the 450e?

  • kyfdxkyfdx Moderator Posts: 267,627
    LeaseColorado said:

    @Michaell said:

    450e - Standard MF and 59% / 52%; $7500 lease cash

    450 - Standard MF and 63% / 58%; $2500 dealer cash

    Thanks! Could you please also share the 48/7.5k numbers for the 450e?


    47% residual

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  • kontiki425kontiki425 Member Posts: 26
    I'm in zip 02818. Dealer quoted a MF of .00315 for Tier 1 credit on a 2024 GLE450, 36/10 lease. As I have excellent credit, I was expecting a MF of .00285. What's the difference between Tier 1 and Tier A1 and who is eligible for Tier A1?
  • MichaellMichaell Moderator Posts: 264,415
    kontiki425 said:

    I'm in zip 02818. Dealer quoted a MF of .00315 for Tier 1 credit on a 2024 GLE450, 36/10 lease. As I have excellent credit, I was expecting a MF of .00285. What's the difference between Tier 1 and Tier A1 and who is eligible for Tier A1?

    The difference is the credit score - we don't know the cutoff but A1 probably requires 750 or higher.

    If that is the case, then the dealer is marking it up for extra profit.

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  • kyfdxkyfdx Moderator Posts: 267,627
    kontiki425 said:

    I'm in zip 02818. Dealer quoted a MF of .00315 for Tier 1 credit on a 2024 GLE450, 36/10 lease. As I have excellent credit, I was expecting a MF of .00285. What's the difference between Tier 1 and Tier A1 and who is eligible for Tier A1?

    A1 is weird credit tier. Sometimes, it seems they only use it for employees and VIPs. I don't think the credit score qualifications are any different for A1 or T1.

    Tier T1 is .00315 MF

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  • LeopardnessLeopardness Member Posts: 15

    Do the dealerships have the ability to “buy-down” the money factors?

  • kyfdxkyfdx Moderator Posts: 267,627
    Leopardness said:

    Do the dealerships have the ability to “buy-down” the money factors?

    The money factor we quote is the base rate.

    Mercedes has an MSD program. 10 MSDs X .00004 ea = .00040 reduction to the MF.

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  • Amay_LAAmay_LA Member Posts: 4
    Hi, what are the MF, RV, and incentives on 2024 GLE 450e 36mons 10k miles, zip 90064
  • MichaellMichaell Moderator Posts: 264,415
    Amay_LA said:

    Hi, what are the MF, RV, and incentives on 2024 GLE 450e 36mons 10k miles, zip 90064

    Standard MF and 51% RV
    $7500 lease cash

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  • kontiki425kontiki425 Member Posts: 26
    Hello: 1) Can I get the MF & RV for a 2024 AMG GLE53 SUV for 36/10K in zip 02818? Same question for a AMG GLE53 Coupe, 36/10K in zip 02818. Thank You!
  • kyfdxkyfdx Moderator Posts: 267,627
    kontiki425 said:

    Hello: 1) Can I get the MF & RV for a 2024 AMG GLE53 SUV for 36/10K in zip 02818? Same question for a AMG GLE53 Coupe, 36/10K in zip 02818. Thank You!

    Coupe: Standard MF and 56% residual

    SUV: Standard MF and 52% residual. $2500 dealer cash

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  • LeopardnessLeopardness Member Posts: 15

    Is it better to lease or finance a 2024 GLE 63s in FL?

  • kyfdxkyfdx Moderator Posts: 267,627
    Leopardness said:

    Is it better to lease or finance a 2024 GLE 63s in FL?

    Sorry, I don't know your situation and/or cannot tell the future. :D

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  • LeopardnessLeopardness Member Posts: 15

    Lol…well I typically lease b/c I can get a cheaper payment than financing, but reading through some of the commentary above it seems like that may not necessarily be the case anymore. Or it’s just the market and would be better off on waiting for things to come down… Or are the dealerships getting desperate b/c rates are so high?

  • kyfdxkyfdx Moderator Posts: 267,627
    Leopardness said:

    Lol…well I typically lease b/c I can get a cheaper payment than financing, but reading through some of the commentary above it seems like that may not necessarily be the case anymore. Or it’s just the market and would be better off on waiting for things to come down… Or are the dealerships getting desperate b/c rates are so high?

    This is a pretty low volume, expensive SUV. It will probably never lease well.

    However, the 48 month term is currently the best.
    48/15
    Standard MF and 44% residual
    $2500 Mercedes to dealer cash

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  • LeopardnessLeopardness Member Posts: 15

    Understood - what are you seeing the interest rates at? Is there the ability for the dealership to buy the rate down if we took the option to finance?

  • kyfdxkyfdx Moderator Posts: 267,627
    Leopardness said:

    Understood - what are you seeing the interest rates at? Is there the ability for the dealership to buy the rate down if we took the option to finance?

    Tier A1 = 6.89% APR (24-72 mo)
    Tier T1 = 7.29% APR

    No info on buy downs

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  • LeopardnessLeopardness Member Posts: 15

    Thanks. Looking for the MF, residual and incentives on a GLE53 in FL for a 48 mth lease both 10K and 12K miles. Thanks!!

  • MichaellMichaell Moderator Posts: 264,415
    Leopardness said:

    Thanks. Looking for the MF, residual and incentives on a GLE53 in FL for a 48 mth lease both 10K and 12K miles. Thanks!!

    SUV or Coupe?

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  • LeopardnessLeopardness Member Posts: 15

    @Michaell suv.

  • kyfdxkyfdx Moderator Posts: 267,627
    Leopardness said:

    Thanks. Looking for the MF, residual and incentives on a GLE53 in FL for a 48 mth lease both 10K and 12K miles. Thanks!!

    Leopardness said:

    @Michaell suv.

    48/12
    Standard MF and 47% residual
    $2500 dealer cash

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  • LeopardnessLeopardness Member Posts: 15

    @Michaell how about 10K miles?

  • kyfdxkyfdx Moderator Posts: 267,627
    Leopardness said:

    @Michaell how about 10K miles?

    It's always +1%, relative to 12K

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  • LeaseColoradoLeaseColorado Member Posts: 66
    kyfdx said:

    LeaseColorado said:

    @Michaell said:

    450e - Standard MF and 59% / 52%; $7500 lease cash

    450 - Standard MF and 63% / 58%; $2500 dealer cash

    Thanks! Could you please also share the 48/7.5k numbers for the 450e?

    47% residual

    Could I please get the updated May numbers for the 450e in Colorado? 7.5k miles for 24/36/48 months please, thanks!
  • MichaellMichaell Moderator Posts: 264,415
    LeaseColorado said:

    kyfdx said:

    LeaseColorado said:

    @Michaell said:

    450e - Standard MF and 59% / 52%; $7500 lease cash

    450 - Standard MF and 63% / 58%; $2500 dealer cash

    Thanks! Could you please also share the 48/7.5k numbers for the 450e?

    47% residual
    Could I please get the updated May numbers for the 450e in Colorado? 7.5k miles for 24/36/48 months please, thanks!

    Standard MF
    58% / 51% / 46%
    $7500 EV credit

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  • LeaseColoradoLeaseColorado Member Posts: 66

    @Michaell said:
    Standard MF
    58% / 51% / 46%
    $7500 EV credit

    Thanks! What is the standard MF for the highest tier credit?

  • kyfdxkyfdx Moderator Posts: 267,627
    LeaseColorado said:

    @Michaell said:

    Standard MF

    58% / 51% / 46%

    $7500 EV credit

    Thanks! What is the standard MF for the highest tier credit?


    Tier A1 = .00295 MF

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  • golfer50000golfer50000 Member Posts: 3
    in NJ does anyone know the MF, residual and credits to lease a GLE 350 for 36 months & 12K miles a year
  • kyfdxkyfdx Moderator Posts: 267,627
    golfer50000 said:

    in NJ does anyone know the MF, residual and credits to lease a GLE 350 for 36 months & 12K miles a year

    .00250 MF and 55% residual
    No lease incentives

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  • Jared912Jared912 Member Posts: 2
    edited May 2024

    What is the MF and Residual for a 2024 Mercedes GLE 450 lease over 39 months and 15k miles per year in Rhode Island? Also any lease incentives?

  • kyfdxkyfdx Moderator Posts: 267,627
    Jared912 said:

    What is the MF and Residual for a 2024 Mercedes GLE 450 lease over 39 months and 15k miles per year in Rhode Island? Also any lease incentives?

    We don't have the 39 month terms

    Standard MF
    54%/49% residual for 36/42 months

    $2500 dealer cash

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  • spiralexspiralex Member Posts: 8
    edited May 2024
    Do you have the MF/Residual for a 2024 GLE 53 AMG SUV? 10K/yr and 12K/yr miles for 36 months? or 39 months? Thank you.
  • MichaellMichaell Moderator Posts: 264,415
    spiralex said:

    Do you have the MF/Residual for a 2024 GLE 53 AMG SUV? 10K/yr and 12K/yr miles for 36 months? or 39 months? Thank you.

    36/12
    Standard MF and 52% RV
    $2500 dealer cash

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  • Jared912Jared912 Member Posts: 2

    What is the MF and Residual for a 2024 Mercedes GLE 350 lease over 39 months and 15k miles per year in Connecticut? Also any lease incentives?

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