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MF and Residual on a 2016 GLE 350 for Mar 2016

abshah122abshah122 Member Posts: 2
edited March 2016 in Mercedes-Benz
Do you have the MF and Residual for the 2016 GLE 350 for March 2016. 36 months/ 12k lease.
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  • kyfdxkyfdx Moderator Posts: 236,760
    abshah122 said:

    Do you have the MF and Residual for the 2016 GLE 350 for March 2016. 36 months/ 12k lease.

    .00104 MF and 56% residual.

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  • chalucechaluce Member Posts: 1
    Can you tell me the residual and MF on the GLE400. 36 months/12k? Thank you
  • MichaellMichaell Moderator Posts: 240,997
    chaluce said:

    Can you tell me the residual and MF on the GLE400. 36 months/12k? Thank you

    Standard MF and 55%

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  • dws47352dws47352 Member Posts: 2
    can someone tell me what a good price to lease a 2016 gle350 msrp 59,000 36 month 10k a year. New to leasing and trying not to get ripped off. Thanks
  • dws47352dws47352 Member Posts: 2
    I forgot to say MB lease will be in new jersey. Thanks
  • MichaellMichaell Moderator Posts: 240,997
    dws47352 said:

    can someone tell me what a good price to lease a 2016 gle350 msrp 59,000 36 month 10k a year. New to leasing and trying not to get ripped off. Thanks

    dws47352 said:

    I forgot to say MB lease will be in new jersey. Thanks

    .00104 and 57%.

    We don't track selling prices.

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  • california85california85 Member Posts: 3
    Hi
    Thanks in advance for your thoughts . I am leasing the 2016 GLE. 7500 miles/36 months (I drive very little)

    MSRP $59,065
    Selling price $52,383
    Residual $34,257
    MF 0.00104
    monthly payment $643 incl tax

    I'm placing a refundable security deposit down ($3500)
    Drive off $2500 + security deposit

    Is this fair?
  • kyfdxkyfdx Moderator Posts: 236,760
    california85 said:

    Hi
    Thanks in advance for your thoughts . I am leasing the 2016 GLE. 7500 miles/36 months (I drive very little)

    MSRP $59,065
    Selling price $52,383
    Residual $34,257
    MF 0.00104
    monthly payment $643 incl tax

    I'm placing a refundable security deposit down ($3500)
    Drive off $2500 + security deposit

    Is this fair?

    .00104 MF and 58% residual.

    .00104 is the base rate, without a security deposit. Are you getting a discount from that rate for the large deposit?

    If the selling price was the net CAP cost, the payment should be $594.mo.+tax, with an MF of .00104

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  • california85california85 Member Posts: 3
    Thank you for your response! Yes you are right the deposit will be worked into a discount rate. I did not include the discounted rate- sorry. So if the residual given to me is 65%... is that good?
  • california85california85 Member Posts: 3
    I forgot to state that $594+ tax is $647 in Los Angeles. So the price being to me is fair. Thanks
  • kyfdxkyfdx Moderator Posts: 236,760
    california85 said:

    Thank you for your response! Yes you are right the deposit will be worked into a discount rate. I did not include the discounted rate- sorry. So if the residual given to me is 65%... is that good?

    If it's 65%, it can't be for 36 months.

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  • jnejahjnejah Member Posts: 4
    edited May 2016
    Please provide most recent money factor and residuals for 2016 GLE 400 and GLE 350 at 36 mo and 15k.
    I am also interested in the money factor for both if you do the single pay option at 36/15.
    Thanks. 
  • kyfdxkyfdx Moderator Posts: 236,760
    jnejah said:

    Please provide most recent money factor and residuals for 2016 GLE 400 and GLE 350 at 36 mo and 15k.
    I am also interested in the money factor for both if you do the single pay option at 36/15.
    Thanks. 

    GLE 400: Standard MF and 53% residual
    GLE 350: .00104 MF and 54% residual.

    We've heard that discount for one-pay lease is .00100, but don't have any evidence.

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