2016 Mercedes-Benz GLE Class Lease Questions

kyfdx · October 2015

mikewembley said:

kyfdx said:

mikewembley 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.

$613 depreciation
$235 finance
$53 tax (payment x 0.0625)

It is expensive... Pick the GLE 350 and the MF drops to .00104

Michaell · October 2015

mikewembley said:

kyfdx said:

mikewembley 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.

Here is a link on how you can build your own lease calculation spreadsheet:

http://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html

hollandog · November 2015

Hi, would like to find out new numbers for November.

GLE 350 4Matic 36/7.5k

Is there any holiday credit program running for November? Or any other incentives?

Michaell · November 2015

hollandog said:
Hi, would like to find out new numbers for November.

GLE 350 4Matic 36/7.5k

Is there any holiday credit program running for November? Or any other incentives?

November program numbers to be released tomorrow; we should have them pretty soon thereafter.

wild2one · November 2015

hi,

just leased it sat wondering if got bad deal or an ok. GLE 350 MRSP ball park figure 58600, 5K down on signing. 3900 going toward lease. They said money factor was .00179 and 48 months /10k miles cap cost ball park 60000.
purchase at end at 24350 and monthly $790.

wild2one · November 2015

they paid 5 months of my current lease with 3 remaining.

hollandog · November 2015

Michaell said:

hollandog said:
Hi, would like to find out new numbers for November.

GLE 350 4Matic 36/7.5k

Is there any holiday credit program running for November? Or any other incentives?
November program numbers to be released tomorrow; we should have them pretty soon thereafter.

hi
just checking if you have any updates on the nov numbers and the winter event incentives?

dcjennings · November 2015

Looking for the rates once you've received the update for Nov.

'16 GLE 350

36/12
36/15

Or if they have incentive months/mile combinations.

kyfdx · November 2015

hollandog said:
Hi, would like to find out new numbers for November.

GLE 350 4Matic 36/7.5k

Is there any holiday credit program running for November? Or any other incentives?

.00092 MF and 58% residual.

No info on other incentives.

kyfdx · November 2015

dcjennings said:
Looking for the rates once you've received the update for Nov.

'16 GLE 350

36/12
36/15

Or if they have incentive months/mile combinations.

.00092 MF and 56%/54% residual

dcjennings · November 2015

@kyfdx Thank you!

sjohnson9 · November 2015

Hi, I just spoke to a dealer and asked for the base MF for 2015 ML & 2016 GLE. He said it was 0.00099 and 0.00092 respectively.

The number floated in these discussions is 0.00104 for 2016 GLE. Why the difference?

dewarsandsoda · November 2015

Hello,
Can you please provide the November RV and MF for a 2016 GLE 350 for 24/10, 27/10, 30/10?

Also, is the 0.00092 MF specified in prior posts a promotional MF? i.e., is it not eligible for MSD's? If "No," what's the max number of MSD's and reduction per each security deposit (0.00010)?

Cheers!

Krypto2210 · November 2015

Hi, do you have the November residual and MF for the following for 36/12k?

GLE450 AMG Coupe
GLE400 4Matic

Michaell · November 2015

sjohnson9 said:
Hi, I just spoke to a dealer and asked for the base MF for 2015 ML & 2016 GLE. He said it was 0.00099 and 0.00092 respectively.

The number floated in these discussions is 0.00104 for 2016 GLE. Why the difference?

I confirm the .00099 for 2015 ML and .00092 for 2016 GLE

Michaell · November 2015

dewarsandsoda said:
Hello,
Can you please provide the November RV and MF for a 2016 GLE 350 for 24/10, 27/10, 30/10?

Also, is the 0.00092 MF specified in prior posts a promotional MF? i.e., is it not eligible for MSD's? If "No," what's the max number of MSD's and reduction per each security deposit (0.00010)?

Cheers!

.00092 and 65% for 24/10 or 62% for 30/10. No 27 month programs from MB.

Yes, the .00092 MF is "supported", therefore ineligible for MSD reductions. That said, we've had some posters inform us that the dealer they work will would allow MSDs on promotional MFs. Hard to say why we get conflicting information. Check with your dealer.

kyfdx · November 2015

sjohnson9 said:
Hi, I just spoke to a dealer and asked for the base MF for 2015 ML & 2016 GLE. He said it was 0.00099 and 0.00092 respectively.

The number floated in these discussions is 0.00104 for 2016 GLE. Why the difference?

If you look at last month's posts, you get last month's numbers.

junoguy · November 2015

GLE-350 MF and RV for 36/12 and 36/15?
GLE-400 MF and RV for 36/12 and 36/15?

kyfdx · November 2015

junoguy said:
GLE-350 MF and RV for 36/12 and 36/15?
GLE-400 MF and RV for 36/12 and 36/15?

350: .00092 MF and 56%/54% residual
400: Standard MF and 56%/54% residual

daroo888 · November 2015

Hi,

Please let me know November MF and RV for GLE 350:

24 months/10k
24 months/12k

No one asked yet, but I assumed RV for 36months/10k is 57%?

Thanks in advance

kyfdx · November 2015

daroo888 said:
Hi,

Please let me know November MF and RV for GLE 350:

24 months/10k
24 months/12k

No one asked yet, but I assumed RV for 36months/10k is 57%?

Thanks in advance

.00092 MF and 65%/64% residual.

Yes, 36/10 residual is 57%

viksinghb · November 2015

Hi. Do you happen to know the residual and money factor for the new 2016 GLE450 Coupe for 36/15k?

Sign and Drive (1st month, DMV)

and how much should my monthly lease payment be around

Michaell · November 2015

viksinghb said:
Hi. Do you happen to know the residual and money factor for the new 2016 GLE450 Coupe for 36/15k?

Sign and Drive (1st month, DMV)

and how much should my monthly lease payment be around

.00163 and 55%.

Would need to know the MSRP and net cap cost (selling price + fees added in) to model a payment.

dkmcdnj · November 2015

Can you tell me if this a good deal
GLE 350W4
MSRP $61,940
Cap Cost $59,380
MF 0.001040
Residual 54%
36/12
$2,973 down
Pmt: $781.70/ mth

kyfdx · November 2015

dkmcdnj said:
Can you tell me if this a good deal
GLE 350W4
MSRP $61,940
Cap Cost $59,380
MF 0.001040
Residual 54%
36/12
$2,973 down
Pmt: $781.70/ mth

.00104 MF is last month's number

.00092 MF, this month.

Residual for 36/12 is 56%, not 54% (that is the 15K/yr number).

Not much of a discount, but guessing this new model is very popular.
I'd get them to straighten out the numbers.

daroo888 · November 2015

Just picked up a GLE 350 last weekend. I'll post my numbers here for reference.

I'm in southern California.

2016 GLE 350 36mo/10k

MSRP 60890
GCP 54954.94
0 drive off
712.74 per month (including 9% tax)

kyfdx · November 2015

daroo888 said:
Just picked up a GLE 350 last weekend. I'll post my numbers here for reference.

I'm in southern California.

2016 GLE 350 36mo/10k

MSRP 60890
GCP 54954.94
0 drive off
712.74 per month (including 9% tax)

Congrats on the new Mercedes!

dewarsandsoda · November 2015

daroo888 said:
Just picked up a GLE 350 last weekend. I'll post my numbers here for reference.

I'm in southern California.

2016 GLE 350 36mo/10k

MSRP 60890
GCP 54954.94
0 drive off
712.74 per month (including 9% tax)

At which dealer in SoCal did you get this deal? Also, did you use any fleet discounts (e.g., USAA, etc.)?

Cheers!

daroo888 · November 2015

dewarsandsoda said:

daroo888 said:
Just picked up a GLE 350 last weekend. I'll post my numbers here for reference.

I'm in southern California.

2016 GLE 350 36mo/10k

MSRP 60890
GCP 54954.94
0 drive off
712.74 per month (including 9% tax)
At which dealer in SoCal did you get this deal? Also, did you use any fleet discounts (e.g., USAA, etc.)?

Cheers!

House of Import

No fleet discount

buddytheyorkie · November 2015

Hi there!

Considering a 2016 GLE 350 lease in So. Cal. Wonder if there is any incentives for loyalty cash or conquest cash available? We don't need the car until Feb 2016 at the very latest, so does anyone know if it would be worthwhile to wait 'til Dec or Jan for possibly a better deal or more incentives?

Many thanks!

kyfdx · November 2015

buddytheyorkie said:
Hi there!

Considering a 2016 GLE 350 lease in So. Cal. Wonder if there is any incentives for loyalty cash or conquest cash available? We don't need the car until Feb 2016 at the very latest, so does anyone know if it would be worthwhile to wait 'til Dec or Jan for possibly a better deal or more incentives?

Many thanks!

We only know the current numbers. The last week of the year is usually a good time to make a deal. New numbers come out December 1st

dewarsandsoda · November 2015

I picked up a 2016 GLE350 - 20's, Premium 1, running boards, Parking Assist, Convenience Pkg

My lease numbers (36/10) follow below.

RV = 57%
MF = 0.00092 (0.00082 after autopay) - no MSD permitted
MSRP = $59905
Gross Cap = $54512
Monthly (incl. 8% San Diego Tax) = $673.61
$0 down - $1317 1st payment and DMV only

Also did residualized maintenance.

kyfdx · November 2015

dewarsandsoda said:
I picked up a 2016 GLE350 - 20's, Premium 1, running boards, Parking Assist, Convenience Pkg

My lease numbers (36/10) follow below.

RV = 57%
MF = 0.00092 (0.00082 after autopay) - no MSD permitted
MSRP = $59905
Gross Cap = $54512
Monthly (incl. 8% San Diego Tax) = $673.61
$0 down - $1317 1st payment and DMV only

Also did residualized maintenance.

Congrats on the new Mercedes. Very solid deal on a new model.

bellu · November 2015

Could I get the Nov MF and residual values for Awd GLE 350 4matic for 30/12 and 36/12

kyfdx · November 2015

bellu said:
Could I get the Nov MF and residual values for Awd GLE 350 4matic for 30/12 and 36/12

.00092 MF and 61%/56% residual.

dkny330 · November 2015

Looking at a 2016 GLE350 4Matic. MSRP is $69,230; Negotiated Price $62,800. In NY and what would the payments be for no money down, sign and drive (except DMV stuff) for 30/12 and 36/12. Thanks!

Michaell · November 2015

dkny330 said:
Looking at a 2016 GLE350 4Matic. MSRP is $69,230; Negotiated Price $62,800. In NY and what would the payments be for no money down, sign and drive (except DMV stuff) for 30/12 and 36/12. Thanks!

61% (30/12) or 56% (36/12) and .00092.

Using your prices, I get a pre-tax payment of $782/mo for 30 months or $761/mo for 36 months.

dkny330 · November 2015

Michaell said:

dkny330 said:
Looking at a 2016 GLE350 4Matic. MSRP is $69,230; Negotiated Price $62,800. In NY and what would the payments be for no money down, sign and drive (except DMV stuff) for 30/12 and 36/12. Thanks!
61% (30/12) or 56% (36/12) and .00092.

Using your prices, I get a pre-tax payment of $782/mo for 30 months or $761/mo for 36 months.

Thanks! Do you think I can do better on the final price? Are there special incentives from MB?

Michaell · November 2015

dkny330 said:

Michaell said:

dkny330 said:
Looking at a 2016 GLE350 4Matic. MSRP is $69,230; Negotiated Price $62,800. In NY and what would the payments be for no money down, sign and drive (except DMV stuff) for 30/12 and 36/12. Thanks!
61% (30/12) or 56% (36/12) and .00092.

Using your prices, I get a pre-tax payment of $782/mo for 30 months or $761/mo for 36 months.
Thanks! Do you think I can do better on the final price? Are there special incentives from MB?

I don't track selling prices, nor do I know about any customer incentives. Doubtful, given this is a new model.

bellu · December 2015

Is December MF and residual values are out for Awd GLE 350 4matic for 30/12 and 36/12.

xpress89 · December 2015

dkny330 said:
Looking at a 2016 GLE350 4Matic. MSRP is $69,230; Negotiated Price $62,800. In NY and what would the payments be for no money down, sign and drive (except DMV stuff) for 30/12 and 36/12. Thanks!

Which dealer in NY did you get this from ?

kyfdx · December 2015

bellu said:
Is December MF and residual values are out for Awd GLE 350 4matic for 30/12 and 36/12.

.00092 MF and 61%/56% residual

blackpaper · December 2015

How about 24/10, 27/10 and 30/10 numbers for the AWD GLE 350 2016?

Michaell · December 2015

blackpaper said:
How about 24/10, 27/10 and 30/10 numbers for the AWD GLE 350 2016?

.00092 and 65% (24/10) or 62% (30/10).

No 27 month programs for MB.

fdnewbie · December 2015

Hello,

I'm about to pick up a GLE 63 AMG S (non-Coupe):

MSRP as built: $122,010.00
Negotiated Price $112,700.00
Premier 30K Prepaid Maintenance: $1,800.00
Final sale price: $114,500.00 (+ sales tax, tax, doc fee, etc)
Grand total (all fees included): $122,679.59

Quoted lease term of 15,000 mi X 36mo, $2129 with $5,000 down (not giving me a $0 option).

- Is that typical on an AMG (no $0 option)?
- What's the current MF and residual value on the GLE 63 AMG S?
- And do the MF and residual values on this lease amount look correct or inflated to you? If inflated, where should my monthly payment be at?

TIA!

aman27 · December 2015

HI Kydfx:

I am bring offered the following deal on a 2016 GLE 4Matic. What do you think of the deal ?

MSRP: $60,710
Selling Price: Not sure
Cap Cost: $102
Taxes: $2039.82
Fees & Insurance: $210
1st Month: $648
Lease Term: 36
Miles: 12k
Total Cash Due up front: $3000.00

Michaell · December 2015

fdnewbie said:
Hello,

I'm about to pick up a GLE 63 AMG S (non-Coupe):

MSRP as built: $122,010.00
Negotiated Price $112,700.00
Premier 30K Prepaid Maintenance: $1,800.00
Final sale price: $114,500.00 (+ sales tax, tax, doc fee, etc)
Grand total (all fees included): $122,679.59

Quoted lease term of 15,000 mi X 36mo, $2129 with $5,000 down (not giving me a $0 option).

- Is that typical on an AMG (no $0 option)?
- What's the current MF and residual value on the GLE 63 AMG S?
- And do the MF and residual values on this lease amount look correct or inflated to you? If inflated, where should my monthly payment be at?

TIA!

Standard MF and 52% residual for 36/15.

You should be able to structure your deal to minimize the out of pocket costs.

Standard MF is around .00200-.00220, but dealer can inflate that for extra profit.

I suspect folks shopping for $100K + CUV's are not terribly price-sensitive when it comes to leasing.

Michaell · December 2015

aman27 said:
HI Kydfx:

I am bring offered the following deal on a 2016 GLE 4Matic. What do you think of the deal ?

MSRP: $60,710
Selling Price: Not sure
Cap Cost: $102
Taxes: $2039.82
Fees & Insurance: $210
1st Month: $648
Lease Term: 36
Miles: 12k
Total Cash Due up front: $3000.00

Need to know the selling price in order to model the payment. 56% residual and .00092 MF.

What state and tax rate is this? What is the full breakdown of the $3000 due up front?

aman27 · December 2015

NYC Tax Rate is 8.625%

The $3000 up front includes 1st month, Portion of taxes, Fees & Insurance, and Cap Cost.

Michaell said:

aman27 said:
HI Kydfx:

I am bring offered the following deal on a 2016 GLE 4Matic. What do you think of the deal ?

MSRP: $60,710
Selling Price: Not sure
Cap Cost: $102
Taxes: $2039.82
Fees & Insurance: $210
1st Month: $648
Lease Term: 36
Miles: 12k
Total Cash Due up front: $3000.00
Need to know the selling price in order to model the payment. 56% residual and .00092 MF.

What state and tax rate is this? What is the full breakdown of the $3000 due up front?

Michaell · December 2015

aman27 said:
NYC Tax Rate is 8.625%

The $3000 up front includes 1st month, Portion of taxes, Fees & Insurance, and Cap Cost.

Michaell said:

aman27 said:
HI Kydfx:

I am bring offered the following deal on a 2016 GLE 4Matic. What do you think of the deal ?

MSRP: $60,710
Selling Price: Not sure
Cap Cost: $102
Taxes: $2039.82
Fees & Insurance: $210
1st Month: $648
Lease Term: 36
Miles: 12k
Total Cash Due up front: $3000.00
Need to know the selling price in order to model the payment. 56% residual and .00092 MF.

What state and tax rate is this? What is the full breakdown of the $3000 due up front?

Also need to know the selling price ...

2016 Mercedes-Benz GLE Class Lease Questions

Comments

Helpful Tools

Most popular vehicles