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2017 Mercedes Benz GLE-Class Lease Deals and Prices

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Comments

  • aa Member Posts: 10
    Michaell said:

    a said:

    can someone comment on this deal? State is NJ

    GLE350W4 $54,500
    149 Polar White
    115 Espresso Brown/Ginger Beige MB-Tex
    ***** OPTIONAL ACCESSORIES *****
    P01 P01 Premium 1 Package: COMAND® w/Navigation, Navigation Map Updates $3,050
    R33 20" Twin 5-Spoke Alloy Wheel $750
    218 Rearview Camera
    443 Heated Steering Wheel $250
    55U Porcelain Headliner
    550 Trailer Hitch $575
    6P5 Factory Code
    734 Brown Eucalyptus Wood Trim
    810 harman/kardon LOGIC7® Surround Sound System $850
    866 Pre-Wiring for Rear Seat Entertainment $170

    SUBTOTAL $60,145
    DESTINATION & DELIVERY $925
    TOTAL $61,070

    12k/year miles 36mos
    Money factor is .00037 w/ autopay
    RV 55%
    Sell price 53K
    Total cap cost: 57,217
    3 year maint about $13/month
    Doc fee 370
    Registration 299
    Total: 0 down at 699/month


    Is this a good deal? What can I negotiate?

    I would ask for a breakdown of the $4217 delta between the selling price and total cap cost ... seems high to me.

    With your numbers, as is, I get $690/mo - with the maintenance fee, $703/mo. Pretty close to the $699/mo quote.
    Thank you. Will ask.

    For above vehicle, assuming dealer makes some money, what should I expect as the best negotiated price without being unreasonable to the dealer?
  • aa Member Posts: 10
    I asked about difference $4217:

    Fees, insurance , taxes, first month payment, acquisition fee

    cashdown tax: 83
    titling fee: 221
    tire tax: 7.5
    upfront tax: 1623
    doc fee 389
    registration 299
    license 20
    title 60
    other 20
    first month payment 699

    comes to 3421.5 for me. Not sure where 4217 comes from.
  • MichaellMichaell Moderator Posts: 240,057
    a said:

    I asked about difference $4217:

    Fees, insurance , taxes, first month payment, acquisition fee

    cashdown tax: 83
    titling fee: 221
    tire tax: 7.5
    upfront tax: 1623
    doc fee 389
    registration 299
    license 20
    title 60
    other 20
    first month payment 699

    comes to 3421.5 for me. Not sure where 4217 comes from.

    My guess is the rest is a cap reduction (aka down payment) - which we don't recommend. as that money would be lost if the car is stolen or totaled.

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  • aa Member Posts: 10
    Is this a good deal overall? What do I have left to negotiate with?
  • MichaellMichaell Moderator Posts: 240,057
    a said:

    Is this a good deal overall? What do I have left to negotiate with?

    You are getting more than 10% off sticker; not sure there is much more room there. You are getting the base MF with autopay - no room to negotiate there, either.

    If you're comfortable with the numbers, it looks like a solid deal.

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  • sigo8268sigo8268 Member Posts: 27
    What is December residual and MF for a 2017 GLE43 Coupe AMG 36/12?
  • kyfdxkyfdx Moderator Posts: 235,175
    sigo8268 said:

    What is December residual and MF for a 2017 GLE43 Coupe AMG 36/12?

    .00143 MF and 54% residual

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  • kjdqkjdq Member Posts: 27
    Please let me know the current MF and Residual on a 2017 GLE RWD and 4MATIC. 36M/15K.
  • jwb3rxjwb3rx Member Posts: 58
    Hello, any numbers for MF and residuals for the 2017 AMG GLE43 SUV? Looking for 36mo/12k miles. Thanks!
  • sigo8268sigo8268 Member Posts: 27
    kyfdx said:

    sigo8268 said:

    What is December residual and MF for a 2017 GLE43 Coupe AMG 36/12?

    .00143 MF and 54% residual
    So the MF and residual the same for both GLE43 AMG and GLE43 coupe AMG?
  • MichaellMichaell Moderator Posts: 240,057
    kjdq said:

    Please let me know the current MF and Residual on a 2017 GLE RWD and 4MATIC. 36M/15K.

    RWD - .00055 and 53%
    4Matic - .00047 and 53%

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  • MichaellMichaell Moderator Posts: 240,057
    jwb3rx said:

    Hello, any numbers for MF and residuals for the 2017 AMG GLE43 SUV? Looking for 36mo/12k miles. Thanks!

    54% and .00143

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  • kyfdxkyfdx Moderator Posts: 235,175
    sigo8268 said:

    kyfdx said:

    sigo8268 said:

    What is December residual and MF for a 2017 GLE43 Coupe AMG 36/12?

    .00143 MF and 54% residual
    So the MF and residual the same for both GLE43 AMG and GLE43 coupe AMG?
    We only show one GLE43 AMG model, and that's the coupe.

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  • lleu8888lleu8888 Member Posts: 2
    Hello. I’m new the leasing world and would like advice on leasing a 2017 Mercedes GLE 350 with Premium 3 Package. I live California and I went to the Mercedes Benz website to build my SUV and it came out to be $63,765.00 MSRP. I’m hoping to do a 36 month lease with 12k miles per year and 0 down.

    So here are my questions.

    1. How much should I be willing to pay for this SUV? I saw other SUV’s in the forum and they go below MSRP by as much as 7k.
    2. Where can I find the invoice price for this vehicle.
    3. What is the typical Money Factor?
    4. What is the typical residual value percentage I should be expecting?

    Any other advice is much appreciated. Thanks.
  • kyfdxkyfdx Moderator Posts: 235,175
    lleu8888 said:

    Hello. I’m new the leasing world and would like advice on leasing a 2017 Mercedes GLE 350 with Premium 3 Package. I live California and I went to the Mercedes Benz website to build my SUV and it came out to be $63,765.00 MSRP. I’m hoping to do a 36 month lease with 12k miles per year and 0 down.

    So here are my questions.

    1. How much should I be willing to pay for this SUV? I saw other SUV’s in the forum and they go below MSRP by as much as 7k.
    2. Where can I find the invoice price for this vehicle.
    3. What is the typical Money Factor?
    4. What is the typical residual value percentage I should be expecting?

    Any other advice is much appreciated. Thanks.

    1) "Build" your car using the Make/Model/Year tabs at the top of the page to get Edmunds TMV price
    2) You can find the invoice price the same way as 1)
    3) 2WD or 4Matic?
    4) 55% residual for 36/12.

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  • lleu8888lleu8888 Member Posts: 2
    I'm looking at 2WD. Here is what Edmunds came up with for pricing. Invoice = $58,902, MSRP=$63,265 and TMV=$57,433* Should I take these numbers to the dealer and have them match the TMV price?

  • kyfdxkyfdx Moderator Posts: 235,175
    lleu8888 said:

    I'm looking at 2WD. Here is what Edmunds came up with for pricing. Invoice = $58,902, MSRP=$63,265 and TMV=$57,433* Should I take these numbers to the dealer and have them match the TMV price?

    The invoice number doesn't really mean anything. Only the MSRP and the price you offer. You don't have to mention Edmunds to make that offer. Before you start making offers, make sure they have the vehicle you are interested in, and take it for a drive.

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  • warbernwarbern Member Posts: 73
    I would love to find out the MF and Residual for a GLE400 in SoCal on a 36/15 lease. Would love to compare the 2016 and 2017 rates. Thanks so much!
  • djdreschdjdresch Member Posts: 3
    I'm negotiating a price to factory order a 2017 GLE43. Spec'd out MSRP is $83,665 and my lowest quote is $80,140. What are the MFs and residuals for 36/10,000 and 39/10,000 in the NY area. Any information on factory lead time? I'm hearing 10 - 12 weeks.

    Thanks, DJD
  • malcomx2malcomx2 Member Posts: 2
    I'm shopping for a GLE43 Coupe lease in NY: Here's my deal:

    MSRP: 76,800

    36mon, 12K miles
    Cap cost 76,300
    RV 54%
    MF 0.00143

    Monthly payment 1,136
    All in (Lic/Doc/Gov fees, taxes, delivery etc, inc first payment): 1,300 (after 4,000 dealer discount)

    Thoughts?
  • zodi1zodi1 Member Posts: 47
    Hello there; new here to leasing, looking at a GLE350 RWD In Texas.

    Total MSRP $57,715
    24 M lease, 10K miles

    Any idea on residual and MF, planning to do max security deposit since I have trade, any guidance hugely appreciated.

    Thanks.
  • MichaellMichaell Moderator Posts: 240,057
    warbern said:

    I would love to find out the MF and Residual for a GLE400 in SoCal on a 36/15 lease. Would love to compare the 2016 and 2017 rates. Thanks so much!

    2017 - standard MF and 52%

    2016 GLE discussion is here:

    https://forums.edmunds.com/discussion/36778/mercedes-benz/gle-class/2016-mercedes-benz-gle-class-lease-questions#latest

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  • MichaellMichaell Moderator Posts: 240,057
    djdresch said:

    I'm negotiating a price to factory order a 2017 GLE43. Spec'd out MSRP is $83,665 and my lowest quote is $80,140. What are the MFs and residuals for 36/10,000 and 39/10,000 in the NY area. Any information on factory lead time? I'm hearing 10 - 12 weeks.

    Thanks, DJD

    36/10 (no 39 month program from MB) - 55% and .00143

    No information on order lead time.

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  • MichaellMichaell Moderator Posts: 240,057
    malcomx2 said:

    I'm shopping for a GLE43 Coupe lease in NY: Here's my deal:

    MSRP: 76,800

    36mon, 12K miles
    Cap cost 76,300
    RV 54%
    MF 0.00143

    Monthly payment 1,136
    All in (Lic/Doc/Gov fees, taxes, delivery etc, inc first payment): 1,300 (after 4,000 dealer discount)

    Thoughts?

    I get the same payment the dealer does.

    The low residual and high MF make this a very expensive vehicle to lease.

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  • MichaellMichaell Moderator Posts: 240,057
    zodi1 said:

    Hello there; new here to leasing, looking at a GLE350 RWD In Texas.

    Total MSRP $57,715
    24 M lease, 10K miles

    Any idea on residual and MF, planning to do max security deposit since I have trade, any guidance hugely appreciated.

    Thanks.

    .00055 and 63%

    Not much room to move on that MF using MSD.

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  • malcomx2malcomx2 Member Posts: 2
    Michaell said:

    malcomx2 said:

    I'm shopping for a GLE43 Coupe lease in NY: Here's my deal:

    MSRP: 76,800

    36mon, 12K miles
    Cap cost 76,300
    RV 54%
    MF 0.00143

    Monthly payment 1,136
    All in (Lic/Doc/Gov fees, taxes, delivery etc, inc first payment): 1,300 (after 4,000 dealer discount)

    Thoughts?

    I get the same payment the dealer does.

    The low residual and high MF make this a very expensive vehicle to lease.

    Thanks for the confirmation Michaell,

    I can afford to buy for cash but thought leasing was a good hedge against the residual value being much lower in 3 yrs (accidents or availability of luxury EVs).
  • MichaellMichaell Moderator Posts: 240,057
    malcomx2 said:

    Michaell said:

    malcomx2 said:

    I'm shopping for a GLE43 Coupe lease in NY: Here's my deal:

    MSRP: 76,800

    36mon, 12K miles
    Cap cost 76,300
    RV 54%
    MF 0.00143

    Monthly payment 1,136
    All in (Lic/Doc/Gov fees, taxes, delivery etc, inc first payment): 1,300 (after 4,000 dealer discount)

    Thoughts?

    I get the same payment the dealer does.

    The low residual and high MF make this a very expensive vehicle to lease.

    Thanks for the confirmation Michaell,

    I can afford to buy for cash but thought leasing was a good hedge against the residual value being much lower in 3 yrs (accidents or availability of luxury EVs).
    I suppose it depends on how long you plan to keep the car.

    That MF works out to almost 3.5% interest. You'd have to consider the opportunity cost of buying outright with cash versus the interest (rent charge) paid during the lease.

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  • zodi1zodi1 Member Posts: 47
    Thanks Michael, so they wont let me pile up MSD on base MF no matter what? Thanks again
  • clubrcrclubrcr Member Posts: 1
    Can someone enlighten me on the MF and RV for a 2017 GLE63s and GLE63. I have been shown .00199 and 54% for 36 months 10k miles. Also, the pull ahead program they are offering 5 months payment, are they somehow burying the money into the new lease.
  • mlevinemlevine Member Posts: 581
    Finally made the deal for new GLE RWD. Had loyalty accelerator. 24 months at 12,000 a year. MRSP 56,995 with cap cost reduction to 47,285. Rolled dealer fee and inflated acquisition fee into payment. I agree with those in the background about these extras. This is what the dealers around here do. Payment is 666.78 with $1,050 out of pocket. Best I could do as I wanted to get rid of old ML 350 as right new service and possibly new tires.
  • MichaellMichaell Moderator Posts: 240,057
    zodi1 said:

    Thanks Michael, so they wont let me pile up MSD on base MF no matter what? Thanks again

    You can, but MB likely has a minimum MF they have to maintain (likely .00005 or so). I guess it is possible to use the max 10 MSD to bring the MF down to that .00005 threshold.

    If the dealer allows it. We've heard different stories about the use of MSD on supported MF - you can, you can't.

    Check with your dealer.

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  • MichaellMichaell Moderator Posts: 240,057
    clubrcr said:

    Can someone enlighten me on the MF and RV for a 2017 GLE63s and GLE63. I have been shown .00199 and 54% for 36 months 10k miles. Also, the pull ahead program they are offering 5 months payment, are they somehow burying the money into the new lease.

    54% for "S", 52% for non-S on 36/10

    Standard MF is used - we've heard that it's between .00200 and .00220

    The pull ahead programs wipes out your remaining payments - MBFS covers them for you. They are not rolled into the new lease.

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  • MichaellMichaell Moderator Posts: 240,057
    mlevine said:

    Finally made the deal for new GLE RWD. Had loyalty accelerator. 24 months at 12,000 a year. MRSP 56,995 with cap cost reduction to 47,285. Rolled dealer fee and inflated acquisition fee into payment. I agree with those in the background about these extras. This is what the dealers around here do. Payment is 666.78 with $1,050 out of pocket. Best I could do as I wanted to get rid of old ML 350 as right new service and possibly new tires.

    Congrats! Enjoy the new ride.

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  • erinzerinz Member Posts: 29
    Hi, could I have residual and MF for 2017 GLE RWD for 36/10 and 36/12. Thank you!
  • dewarsandsodadewarsandsoda Member Posts: 207
    Can you please provide the RV and MF for a GLE 550e 4Matic for the following terms?
    - 24/12
    - 30/12
    - 36/12

    How does RV change if its 10K per annum?

    Also, are the tax credits applied as Cap Cost reduction?
  • MichaellMichaell Moderator Posts: 240,057
    erinz said:

    Hi, could I have residual and MF for 2017 GLE RWD for 36/10 and 36/12. Thank you!

    Assuming GLE350, the numbers are .00055 and 56% or 55%

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  • MichaellMichaell Moderator Posts: 240,057

    Can you please provide the RV and MF for a GLE 550e 4Matic for the following terms?
    - 24/12
    - 30/12
    - 36/12

    How does RV change if its 10K per annum?

    Also, are the tax credits applied as Cap Cost reduction?

    55% / 52% or 49% and .00160

    Yes, the tax credits are used to lower the cap cost

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  • zodi1zodi1 Member Posts: 47
    Thanks Michael, much appreciated, Happy new year.
  • carbuyer842carbuyer842 Member Posts: 19
    Please provide residual and money factor for the following two vehicles (live in CA, in case that matters)

    2017 GLE 350 SUV RWD
    10k / 36 months

    2017 GLE 350 SUV AWD
    10k / 36 months
  • MichaellMichaell Moderator Posts: 240,057

    Please provide residual and money factor for the following two vehicles (live in CA, in case that matters)

    2017 GLE 350 SUV RWD
    10k / 36 months

    2017 GLE 350 SUV AWD
    10k / 36 months

    RWD - .00055
    4Matic - .00047

    56% residual for both

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  • farrukhzafarrukhza Member Posts: 14
    edited January 2017
    michaell.
    can you please help me with the money factor and the residual for the 2017 gle 350 with the P1 and P2 package?
    also since this is relatively a slow time for car business. what kind of dealer discount can I expect?
    any rebates lease cash or conquest lease cash available?
  • kyfdxkyfdx Moderator Posts: 235,175
    farrukhza said:

    michaell.
    can you please help me with the money factor and the residual for the 2017 gle 350 with the P1 and P2 package?
    also since this is relatively a slow time for car business. what kind of dealer discount can I expect?
    any rebates lease cash or conquest lease cash available?

    2WD or AWD?
    What term/mileage?

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  • farrukhzafarrukhza Member Posts: 14
    2wd please and 36 months and 10k is fine.
    I wont mind a lesser term if it brings the payments down.
  • MichaellMichaell Moderator Posts: 240,057
    farrukhza said:

    2wd please and 36 months and 10k is fine.
    I wont mind a lesser term if it brings the payments down.

    .00055 and 56%

    57% for 7500 mile allowance.

    Best way to get a lower payment is to start with a less expensive vehicle. :wink:

    Can I interest you in an Infiniti QX60? They are leasing quite nicely at the moment.

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  • varunjavarunja Member Posts: 1
    Getting a deal in NorthCal on 2017 GLE 4Matic priced $63k MSRP for 12K/36Mo lease with $0 down for $622 (incl taxes) monthly with $1045 as drive way cost that includes first payment and other registration fees. the Selling price of this car is $52600.

    Would it be a good deal to take?
  • farrukhzafarrukhza Member Posts: 14
    THANK YOU MICHAELL.
    QUICK QUESTION. IT SEEMS LIKE NEW MF AND RESIDUALS ARE COMING OUT TOMORROW. IS THAT TRUE?
  • farrukhzafarrukhza Member Posts: 14
    Varunja can you please tell me what store this is?
  • mirage15mirage15 Member Posts: 6
    Can you give me the January MF and RV for a GLE43 Coupe. 12k/36mo
  • kyfdxkyfdx Moderator Posts: 235,175
    varunja said:

    Getting a deal in NorthCal on 2017 GLE 4Matic priced $63k MSRP for 12K/36Mo lease with $0 down for $622 (incl taxes) monthly with $1045 as drive way cost that includes first payment and other registration fees. the Selling price of this car is $52600.

    Would it be a good deal to take?

    We just got the new program that started January 4th.
    That deal might have changed by now.

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  • kyfdxkyfdx Moderator Posts: 235,175
    farrukhza said:

    THANK YOU MICHAELL.
    QUICK QUESTION. IT SEEMS LIKE NEW MF AND RESIDUALS ARE COMING OUT TOMORROW. IS THAT TRUE?

    We just got the new program. Yes, effective January 4th.

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