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2016 Mercedes-Benz GLE Class Lease Questions

Krypto2210Krypto2210 Posts: 7
edited August 2016 in Mercedes-Benz
Hi. Do you happen to know the residual and money factor for the new 2016 GLE450 Coupe for 36/12k?
«13456710

Comments

  • MichaellMichaell ColoradoPosts: 153,728

    Hi. Do you happen to know the residual and money factor for the new 2016 GLE450 Coupe for 36/12k?

    Yes, yes we do.










    Oh, you want those numbers? (sorry, it's late)

    .00163 and 57%

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Can you tell me the numbers for the GLE 350 36/12?
  • jr99jr99 Posts: 8
    How about the GLE400? 15/36?
  • MichaellMichaell ColoradoPosts: 153,728
    mbgm12 said:

    Can you tell me the numbers for the GLE 350 36/12?

    .00104 and 56%

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • MichaellMichaell ColoradoPosts: 153,728
    jr99 said:

    How about the GLE400? 15/36?

    54% and standard MF (.00200 or so)

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • anyone get lease prices on a GLE350?
  • SehKonNJdudeSehKonNJdude Posts: 20
    edited September 2015
    I was shopping for GLE 450 AMG coupe - their offers are just plain Ridiculous. Porsche Cayenne here I come :)

    Mercedes needs to be taught a good lesson. A GLE 450 AMG coupe is $77k and dealer wants close to MSPR since "this will outsell every other suv"

    The GLEAMG 450 lease is same as lasing a BMW X6 M - the X6M blows the GLE in every aspect - and MSRP is $95k - lease payment for a $100k car is same as that of AMG GLE $77k - !!!

    Mercedes thinks we consumers are retards
  • Hi, Can someone please post the residual and money factor for
    - a new 2016 GLE 300D for 36/15K and
    - a new 2016 GLE 350 for 36/15K?

    Thanks much in advance.
  • MichaellMichaell ColoradoPosts: 153,728

    Hi, Can someone please post the residual and money factor for
    - a new 2016 GLE 300D for 36/15K and
    - a new 2016 GLE 350 for 36/15K?

    Thanks much in advance.

    300D - standard MF (.00200) and 58%
    350 - .00104 and 54%

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • sicce10sicce10 GAPosts: 8
    edited September 2015
    Can someone tell me what the latest (September) MF / Residual is for 2016 GLE 350 RWD please
    24mnts /12K
    30mnts / 12K


    Thanks


  • MichaellMichaell ColoradoPosts: 153,728
    sicce10 said:

    Can someone tell me what the latest (September) MF / Residual is for 2016 GLE 350 RWD please
    24mnts /12K
    30mnts / 12K

    Thanks

    .00104 and 64% / 61%

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • sicce10sicce10 GAPosts: 8
    Is this a good deal on a 2016 GLE 350 RWD.
    MSRP 61,735
    Selling price: $54,986
    MF 0.00154
    Res 61%
    Down payment: $3000
    Monthly cost: $859 (incl tax)

    Thanks
    Sicce
  • MichaellMichaell ColoradoPosts: 153,728
    sicce10 said:

    Is this a good deal on a 2016 GLE 350 RWD.
    MSRP 61,735
    Selling price: $54,986
    MF 0.00154
    Res 61%
    Down payment: $3000
    Monthly cost: $859 (incl tax)

    Thanks
    Sicce

    No - the MF is marked up.

    We don't recommend making a down payment on a lease - if the car is stolen or totaled, you lose that money.

    I get $578/mo plus tax with your pricing and the base MF and $0 down.

    Find out what the net cap cost is - if it's higher than the selling price, find out why.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • sicce10sicce10 GAPosts: 8
    Michaell said:

    sicce10 said:

    Is this a good deal on a 2016 GLE 350 RWD.
    MSRP 61,735
    Selling price: $54,986
    MF 0.00154
    Res 61%
    Down payment: $3000
    Monthly cost: $859 (incl tax)

    Thanks
    Sicce

    No - the MF is marked up.

    We don't recommend making a down payment on a lease - if the car is stolen or totaled, you lose that money.

    I get $578/mo plus tax with your pricing and the base MF and $0 down.

    Find out what the net cap cost is - if it's higher than the selling price, find out why.

    Here is the full breakdown:
    MSRP $61,735
    Discount: -$6,749 (MB family discount)
    Cap Cost $54,986
    Sales Tax $1,444
    Dealer Fee $590
    Total Price $$57,020

    30 month / 12K miles with $3000 down monthly cost $859/month (incl Tax)
  • MichaellMichaell ColoradoPosts: 153,728
    sicce10 said:

    Michaell said:

    sicce10 said:

    Is this a good deal on a 2016 GLE 350 RWD.
    MSRP 61,735
    Selling price: $54,986
    MF 0.00154
    Res 61%
    Down payment: $3000
    Monthly cost: $859 (incl tax)

    Thanks
    Sicce

    No - the MF is marked up.

    We don't recommend making a down payment on a lease - if the car is stolen or totaled, you lose that money.

    I get $578/mo plus tax with your pricing and the base MF and $0 down.

    Find out what the net cap cost is - if it's higher than the selling price, find out why.

    Here is the full breakdown:
    MSRP $61,735
    Discount: -$6,749 (MB family discount)
    Cap Cost $54,986
    Sales Tax $1,444
    Dealer Fee $590
    Total Price $$57,020

    30 month / 12K miles with $3000 down monthly cost $859/month (incl Tax)
    Now I get $744/mo with the base MF (.00104) and 61% residual for 30/12.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Could you please tell me the September money factor and residual for a 2016 SL550 - 36 mo/10000. Thanks.
  • MichaellMichaell ColoradoPosts: 153,728
    mts245 said:

    Could you please tell me the September money factor and residual for a 2016 SL550 - 36 mo/10000. Thanks.

    .00136 and 57%

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • coconcocon Posts: 134
    hey Mike what are current lease numbers for GLE450 amg coupe 4 matic? looking for 36/12.

    I got on vehicle with MSRP 77,550 ,$1500 off for total cost of 76,050.

    for 36/10 they quoted me $1263.33 without tax and for 36/12 1283.77 without tax. Zero down for both terms.

    Is it a fair deal? I am surprised with those low numbers..

    What MF they are using? And what is going to be with 9.25% tax included??



  • kyfdxkyfdx Posts: 159,503
    cocon said:

    hey Mike what are current lease numbers for GLE450 amg coupe 4 matic? looking for 36/12.

    I got on vehicle with MSRP 77,550 ,$1500 off for total cost of 76,050.

    for 36/10 they quoted me $1263.33 without tax and for 36/12 1283.77 without tax. Zero down for both terms.

    Is it a fair deal? I am surprised with those low numbers..

    What MF they are using? And what is going to be with 9.25% tax included??



    .00163 MF and 57% residual for 36mo, 12K/yr

    I get $1080+tax for 36mo, 12K/yr. Some big MF markups or a lot of extra charges in there to get it up an extra $200/mo.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Just checking to see if I got hosed in my deal or not:
    2016 GLE 350
    36 month / 12k
    MSRP $57,715
    GCC $48,089
    Drive-off was 1st month, tax & tags.
    Payment $588
  • MichaellMichaell ColoradoPosts: 153,728

    Just checking to see if I got hosed in my deal or not:
    2016 GLE 350
    36 month / 12k
    MSRP $57,715
    GCC $48,089
    Drive-off was 1st month, tax & tags.
    Payment $588

    Looks pretty decent ... enjoy your new MB!

    (BTW, that's a pretty healthy discount from sticker for a new model)

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Hello,
    Can you please provide me with the RV and MF for a 2016 GLE450 AMG coupe?
    - 24/10
    - 24/12
    - 27/10
    - 27/12

    What is the maximum number of MSDs that one can use for MBFS? How much does each MSD reduce the MF?

    Cheers!
  • kyfdxkyfdx Posts: 159,503

    Hello,
    Can you please provide me with the RV and MF for a 2016 GLE450 AMG coupe?
    - 24/10
    - 24/12
    - 27/10
    - 27/12

    What is the maximum number of MSDs that one can use for MBFS? How much does each MSD reduce the MF?

    Cheers!

    .00163 MF and 66%/65% residual for 24 months

    No 27 month programs for Mercedes, this month.

    Sorry, don't have the specifics for the MB MSD plan.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Hi - I am looking at a GLE 300D - curious if this is a good deal and was hoping to get the money factor / residuals.

    MSRP: $63,755
    Discount: $7,697
    Tax: $3,378
    Dealer Cost: $257
    GCC: $59,693

    $4,500 Out of Pocket at Lease Signing
    36/12,000 - $703 Monthly Payment
  • MichaellMichaell ColoradoPosts: 153,728
    lambjere1 said:

    Hi - I am looking at a GLE 300D - curious if this is a good deal and was hoping to get the money factor / residuals.

    MSRP: $63,755
    Discount: $7,697
    Tax: $3,378
    Dealer Cost: $257
    GCC: $59,693

    $4,500 Out of Pocket at Lease Signing
    36/12,000 - $703 Monthly Payment

    Standard MF and 60% for 36/12.

    How is the $4500 being applied to the GCC?

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Thanks for the quick response! For the $4,500 - $700 is being applied to the first month lease, doc fee is $200, and Acquisition Charge of $400, with the remainder going to capitalized cost reduction ($3,200).

    I'm being told that the currently standard MF is .00200. Is there flexibility there or is this non-negotiable?
  • Hello,
    Can you please provide me with the RV and MF for a 2016 GLE350?
    - 24/10
    - 24/12
    - 27/10
    - 27/12
    - 30/10
    - 30/12

    Cheers!
  • mts245mts245 Posts: 7
    What do you think of this offer of 2016 SL550:
    MSRP 108975
    Negotiated to 100331 + 795 acq fee
    36 mo/10,000
    MF .00136
    RV 57% (62116)
    Monthly Payment $1428 (includes tax) with $1450 due at signing
    Throwing in 3 free maintenance services
  • MichaellMichaell ColoradoPosts: 153,728
    lambjere1 said:

    Thanks for the quick response! For the $4,500 - $700 is being applied to the first month lease, doc fee is $200, and Acquisition Charge of $400, with the remainder going to capitalized cost reduction ($3,200).

    I'm being told that the currently standard MF is .00200. Is there flexibility there or is this non-negotiable?

    Probably no wiggle room in the MF - we don't know the exact amount, but .00200 sounds about right.
    lambjere1 said:

    Thanks for the quick response! For the $4,500 - $700 is being applied to the first month lease, doc fee is $200, and Acquisition Charge of $400, with the remainder going to capitalized cost reduction ($3,200).

    I'm being told that the currently standard MF is .00200. Is there flexibility there or is this non-negotiable?

    I get $696/mo with those numbers; pretty close to your quote of $703/mo.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • MichaellMichaell ColoradoPosts: 153,728

    Hello,
    Can you please provide me with the RV and MF for a 2016 GLE350?
    - 24/10
    - 24/12
    - 27/10
    - 27/12
    - 30/10
    - 30/12

    Cheers!

    .00104 MF

    No 27 month program for the GLE.

    24/12 residual is 64%
    30/12 residual is 61%

    Add 1% for 10K

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • MichaellMichaell ColoradoPosts: 153,728
    mts245 said:

    What do you think of this offer of 2016 SL550:
    MSRP 108975
    Negotiated to 100331 + 795 acq fee
    36 mo/10,000
    MF .00136
    RV 57% (62116)
    Monthly Payment $1428 (includes tax) with $1450 due at signing
    Throwing in 3 free maintenance services

    Using those numbers, I get $1305/mo + tax.

    What state is this and what is the tax rate?

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • mts245mts245 Posts: 7
    I'm in Connecticut and have a tax rate of 6.35%
  • MichaellMichaell ColoradoPosts: 153,728
    mts245 said:

    I'm in Connecticut and have a tax rate of 6.35%

    Which takes the payment to $1388/mo.

    Ask the dealer what the net cap cost is ... if higher than your selling price, ask the dealer what's been added.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Can I please have this month's Residual and MF for 2016 GLE350 standard and 4Matic for 36 months/12k
  • MichaellMichaell ColoradoPosts: 153,728

    Can I please have this month's Residual and MF for 2016 GLE350 standard and 4Matic for 36 months/12k

    .00104 and 56%

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Hi Moderator, Is it common for dealers to tack on an additional .5% on top of the standard MF. I mean I was talking with a dealer and he said 2.496 (.00104 * 2400 = 2.496)+ .5 = 2.996% interest. Is this a common practice even if you have excellent credit?

    Thanks.
  • kyfdxkyfdx Posts: 159,503

    Hi Moderator, Is it common for dealers to tack on an additional .5% on top of the standard MF. I mean I was talking with a dealer and he said 2.496 (.00104 * 2400 = 2.496)+ .5 = 2.996% interest. Is this a common practice even if you have excellent credit?

    Thanks.

    Yes, it's typical. Your job as a shopper is to negotiate it back to the base amount.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdx said:

    Hello,
    Can you please provide me with the RV and MF for a 2016 GLE450 AMG coupe?
    - 24/10
    - 24/12
    - 27/10
    - 27/12

    What is the maximum number of MSDs that one can use for MBFS? How much does each MSD reduce the MF?

    Cheers!

    .00163 MF and 66%/65% residual for 24 months

    No 27 month programs for Mercedes, this month.

    Sorry, don't have the specifics for the MB MSD plan.
    Thanks!

    What are the 30/10 and 36/10 RV and MF's for the GLE 450 AMG coupe?
  • Michaell said:

    Hello,
    Can you please provide me with the RV and MF for a 2016 GLE350?
    - 24/10
    - 24/12
    - 27/10
    - 27/12
    - 30/10
    - 30/12

    Cheers!

    .00104 MF

    No 27 month program for the GLE.

    24/12 residual is 64%
    30/12 residual is 61%

    Add 1% for 10K
    Thanks!

    What are the RV/MF for 2016 GLE400 for 24/10, 30/10, and 36/10?

    Cheers!
  • kyfdxkyfdx Posts: 159,503

    kyfdx said:

    Hello,
    Can you please provide me with the RV and MF for a 2016 GLE450 AMG coupe?
    - 24/10
    - 24/12
    - 27/10
    - 27/12

    What is the maximum number of MSDs that one can use for MBFS? How much does each MSD reduce the MF?

    Cheers!

    .00163 MF and 66%/65% residual for 24 months

    No 27 month programs for Mercedes, this month.

    Sorry, don't have the specifics for the MB MSD plan.
    Thanks!

    What are the 30/10 and 36/10 RV and MF's for the GLE 450 AMG coupe?
    .00163 MF and 62%/58% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdxkyfdx Posts: 159,503

    Michaell said:

    Hello,
    Can you please provide me with the RV and MF for a 2016 GLE350?
    - 24/10
    - 24/12
    - 27/10
    - 27/12
    - 30/10
    - 30/12

    Cheers!

    .00104 MF

    No 27 month program for the GLE.

    24/12 residual is 64%
    30/12 residual is 61%

    Add 1% for 10K
    Thanks!

    What are the RV/MF for 2016 GLE400 for 24/10, 30/10, and 36/10?

    Cheers!
    Standard MF and 65%/62%/57% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • bananaerobananaero Posts: 123
    Hello,

    Is there information available for:

    2016 GLE 350 4 Matic and
    2015 ML 350 4 Matic and
    2016 GLE 400 4 Matic

    36 months and 10k miles?

    Is it better to lease a 2015 or 2016 and are there any incentives?

    Thanks!
  • kyfdxkyfdx Posts: 159,503
    bananaero said:

    Hello,

    Is there information available for:

    2016 GLE 350 4 Matic and
    2015 ML 350 4 Matic and
    2016 GLE 400 4 Matic

    36 months and 10k miles?

    Is it better to lease a 2015 or 2016 and are there any incentives?

    Thanks!

    2016 GLE 350 4 Matic
    .00104 MF and 57% residual
    2015 ML 350 4 Matic
    .00099 MF and 56% residual
    2016 GLE 400 4 Matic
    Standard MF and 57% residual

    We don't have incentive information, though I'm sure there are good deals to be had on the outgoing ML.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • bananaerobananaero Posts: 123
    edited October 2015
    Thanks! Do you have 24month residual for the ML350 4matic? Also mf and residual for ML400? 24 month and 36 months/10k?
    kyfdx said:

    bananaero said:

    Hello,

    Is there information available for:

    2016 GLE 350 4 Matic and
    2015 ML 350 4 Matic and
    2016 GLE 400 4 Matic

    36 months and 10k miles?

    Is it better to lease a 2015 or 2016 and are there any incentives?

    Thanks!

    2016 GLE 350 4 Matic
    .00104 MF and 57% residual
    2015 ML 350 4 Matic
    .00099 MF and 56% residual
    2016 GLE 400 4 Matic
    Standard MF and 57% residual

    We don't have incentive information, though I'm sure there are good deals to be had on the outgoing ML.
  • MichaellMichaell ColoradoPosts: 153,728
    bananaero said:

    Thanks! Do you have 24month residual for the ML350 4matic? Also mf and residual for ML400? 24 month and 36 months/10k?


    kyfdx said:

    bananaero said:

    Hello,

    Is there information available for:

    2016 GLE 350 4 Matic and
    2015 ML 350 4 Matic and
    2016 GLE 400 4 Matic

    36 months and 10k miles?

    Is it better to lease a 2015 or 2016 and are there any incentives?

    Thanks!

    2016 GLE 350 4 Matic
    .00104 MF and 57% residual
    2015 ML 350 4 Matic
    .00099 MF and 56% residual
    2016 GLE 400 4 Matic
    Standard MF and 57% residual

    We don't have incentive information, though I'm sure there are good deals to be had on the outgoing ML.
    ML350 24/10 - same MF and 63%
    ML400 - standard MF and 63% / 56% residual

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Currently negotiating a 2016 GLE400 in Mass

    $73,260 MSRP
    $64,560 Sale Price (after 12% discount of $8,700)
    $0 down payment

    36 months/7.5k or 10k miles
    Sales tax 6.25%
    Credit score 760+

    I've read that the residual is 58% for 7.5k and 57% for 10k.

    Any estimate on a monthly payment with and without interest?
  • Do you have the number for GLE 350 4Matic 36/7.5k
  • kyfdxkyfdx Posts: 159,503

    Currently negotiating a 2016 GLE400 in Mass

    $73,260 MSRP
    $64,560 Sale Price (after 12% discount of $8,700)
    $0 down payment

    36 months/7.5k or 10k miles
    Sales tax 6.25%
    Credit score 760+

    I've read that the residual is 58% for 7.5k and 57% for 10k.

    Any estimate on a monthly payment with and without interest?

    Standard MF and 58%/57% residual

    You can't have a lease payment "without interest".

    At .0022 MF and 58% residual, the payment would be $848/mo.+tax.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdxkyfdx Posts: 159,503
    hollandog said:

    Do you have the number for GLE 350 4Matic 36/7.5k

    .00104 MF and 58% residual

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdx said:

    Currently negotiating a 2016 GLE400 in Mass

    $73,260 MSRP
    $64,560 Sale Price (after 12% discount of $8,700)
    $0 down payment

    36 months/7.5k or 10k miles
    Sales tax 6.25%
    Credit score 760+

    I've read that the residual is 58% for 7.5k and 57% for 10k.

    Any estimate on a monthly payment with and without interest?

    Standard MF and 58%/57% residual

    You can't have a lease payment "without interest".

    At .0022 MF and 58% residual, the payment would be $848/mo.+tax.
    Thanks for the numbers.
    When I said "without interest," I was asking if I could see the extrapolated numbers.
    For example: 1. Monthly payment without tax and interest 2. Monthly tax 3. Monthly interest.

    Just wanted to get an idea how you got to $848, since I don't have the "calculator"


    Also, is the money factor of .0022 negotiable in any way? 5.28% seems high.
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