Hi, this is gonna be my first lease ever. Please advise if this is a good deal. I live in Socal
2017 GLE-350 4MATIC
POLAR WHITE ESPRESSO BROWN PREMIUM 1 RUNNING BOARDS HARMAN KARDON SOUND SYSTEM POPLAR WOOD TRIM
MSRP------------------------------$60.325 INVOICE-----------------------$56,908 YOUR PRICE---------------$53,325 MINIMUM DRIVE OFF-$1,160.35 (1ST PAYMENT AND LICENSE DMV) NOTHING ELSE DUE 10,000 MILES PER YEAR 3 YEAR LEASE
Leasing a 2017 GLE 350 in Georgia with MSRP 63,270 (Premium Package 1 with Parking Pilot, Panorama Sunroof, and Saddle Brown Leather. CAP Cost is $58,270. Sales Tax: $2093.91 Dealer/State Fees: $594 Negative Equity on Trade: $4,000
36 mo, 12k miles with $8000 down at $774/mo.
They are telling me that MF is .00096 and RES is 54.00.
Is this a bad deal? With 8k down to absorb the negative trade, I am concerned that the numbers seem a bit off. Maybe too much holdback?
Hi, this is gonna be my first lease ever. Please advise if this is a good deal. I live in Socal
2017 GLE-350 4MATIC
POLAR WHITE ESPRESSO BROWN PREMIUM 1 RUNNING BOARDS HARMAN KARDON SOUND SYSTEM POPLAR WOOD TRIM
MSRP------------------------------$60.325 INVOICE-----------------------$56,908 YOUR PRICE---------------$53,325 MINIMUM DRIVE OFF-$1,160.35 (1ST PAYMENT AND LICENSE DMV) NOTHING ELSE DUE 10,000 MILES PER YEAR 3 YEAR LEASE
$616.80 PLUS TAX TX-47.80 (7.755) TOTAL-$664.60
.00028 MF and 55% residual
If I add in $1095 for the acquisition fee (marked up from $795), then I get the same payment.
Leasing a 2017 GLE 350 in Georgia with MSRP 63,270 (Premium Package 1 with Parking Pilot, Panorama Sunroof, and Saddle Brown Leather. CAP Cost is $58,270. Sales Tax: $2093.91 Dealer/State Fees: $594 Negative Equity on Trade: $4,000
36 mo, 12k miles with $8000 down at $774/mo.
They are telling me that MF is .00096 and RES is 54.00.
Is this a bad deal? With 8k down to absorb the negative trade, I am concerned that the numbers seem a bit off. Maybe too much holdback?
54% residual is correct for 36/12. The money factor is marked up from .00036, assuming RWD. Must be getting some sort of trade-in credit on the taxes. Otherwise, tax would be closer to $4000.
You need the adjusted CAP cost. That's the number with everything added, and your downpayment subtracted. Not only is the money factor marked up, they haven't mentioned the $795 acquisition fee (probably marked up to $1095). There might be other items added that they haven't disclosed.
The marked up money factor is adding $56/mo. to the deal.
MSRP:60625; 12% off, MF=0.0003 after 4 MSD, 36mon/12000miles, residual:54%. acquisition fee: $1025. Monthly payment: 635 (tax included) but NOT include doc fee, title fee and acquisition.
MSRP:60625; 12% off, MF=0.0003 after 4 MSD, 36mon/12000miles, residual:54%. acquisition fee: $1025. Monthly payment: 635 (tax included) but NOT include doc fee, title fee and acquisition.
Is it a reasonable deal?
Thanks a lot.
.00028 and 54%.
Looks like the dealer marked up the MF, before applying the MSDs
You should be able to use 3 MSDs to bring the MF down to .00007, but you may not get as big a discount from sticker.
We suggest you add the doc fee and acquisition fee into the cap cost and make them part of the lease payment.
New York 15,000 mile 3 year lease. Selling price: 54,405, aftermarkets: 1,675, customer cash 4,289, balloon/residual: 32,208, rate or money factor: .00018...
MSRP looks to be 59,540 or 60,465 if you include destination.
Says that lease includes MB prepaid maintenance for 40,000 miles/4 years.
Payment $679
Is this a good deal? It is my first lease and the salesmans first offer. I work for Allstate who has an affiliation discount also so I am not sure if that is included in this or not or how much it actually saves.
New York 15,000 mile 3 year lease. Selling price: 54,405, aftermarkets: 1,675, customer cash 4,289, balloon/residual: 32,208, rate or money factor: .00018...
MSRP looks to be 59,540 or 60,465 if you include destination.
Says that lease includes MB prepaid maintenance for 40,000 miles/4 years.
Payment $679
Is this a good deal? It is my first lease and the salesmans first offer. I work for Allstate who has an affiliation discount also so I am not sure if that is included in this or not or how much it actually saves.
.00028 and 52%; I assume you are using AutoPay, which reduces the MF to .00018
New York 15,000 mile 3 year lease. Selling price: 54,405, aftermarkets: 1,675, customer cash 4,289, balloon/residual: 32,208, rate or money factor: .00018...
MSRP looks to be 59,540 or 60,465 if you include destination.
Says that lease includes MB prepaid maintenance for 40,000 miles/4 years.
Payment $679
Is this a good deal? It is my first lease and the salesmans first offer. I work for Allstate who has an affiliation discount also so I am not sure if that is included in this or not or how much it actually saves.
.00028 and 52%; I assume you are using AutoPay, which reduces the MF to .00018
How much is due at signing?
New York 15,000 mile 3 year lease. Selling price: 54,405, aftermarkets: 1,675, customer cash 4,289, balloon/residual: 32,208, rate or money factor: .00018...
MSRP looks to be 59,540 or 60,465 if you include destination.
Says that lease includes MB prepaid maintenance for 40,000 miles/4 years.
Payment $679
Is this a good deal? It is my first lease and the salesmans first offer. I work for Allstate who has an affiliation discount also so I am not sure if that is included in this or not or how much it actually saves.
.00028 and 52%; I assume you are using AutoPay, which reduces the MF to .00018
How much is due at signing?
That's a lot of up front cash; ask them for a breakdown.
We suggest you only pay the first payment and DMV or registration costs when you sign the paperwork; add all the other taxes and fees into the lease payment.
I'm in Ohio and this is the deal I got. I cannot figure out this math. It just isn't adding up. Ohio taxes at 8% Msrp: 65,280 Disc: 5264 Tax, dmv, and doc fee: 65,155 Residual 35,251.20
Due at signing: $1000 and payment 789 12k/36 months 1095 acquisition fee
I'm in Ohio and this is the deal I got. I cannot figure out this math. It just isn't adding up. Ohio taxes at 8% Msrp: 65,280 Disc: 5264 Tax, dmv, and doc fee: 65,155 Residual 35,251.20
Due at signing: $1000 and payment 789 12k/36 months 1095 acquisition fee
2017 GLE 350 4matic
.00026 and 54%
Ohio taxes the sum of the payments; likely they are added into the adjusted cap cost.
But, that's just a guess; I'd ask for the specific breakdown of how the dealer got from the $60,016 selling price to the $65,155 price.
Acquisition fee is marked up from $795; is that being added in to the lease payment, as well?
I'm in Ohio and this is the deal I got. I cannot figure out this math. It just isn't adding up. Ohio taxes at 8% Msrp: 65,280 Disc: 5264 Tax, dmv, and doc fee: 65,155 Residual 35,251.20
Due at signing: $1000 and payment 789 12k/36 months 1095 acquisition fee
2017 GLE 350 4matic
Just because the dealer shows a "total" price, that doesn't mean it's the actual adjusted CAP cost. Plenty of dealers will show the retail price,as though it was a sale, then show the monthly lease terms separately, without any itemization of how they came up with the numbers.
Hey y’all. Anyone have an info on what lease numbers should look like for loaners? I have a deal for a 2017 GLE 350 loaner with 4K miles on it. They are offering me 16% off MSRP, .00028 money factor, and keeping the residual at 54% for 36/12k. Is this a good deal? What kind of discount should I expect on loaners?
Comments
2017 GLE-350 4MATIC
POLAR WHITE
ESPRESSO BROWN
PREMIUM 1
RUNNING BOARDS
HARMAN KARDON SOUND SYSTEM
POPLAR WOOD TRIM
MSRP------------------------------$60.325
INVOICE-----------------------$56,908
YOUR PRICE---------------$53,325
MINIMUM DRIVE OFF-$1,160.35 (1ST PAYMENT AND LICENSE DMV) NOTHING ELSE DUE
10,000 MILES PER YEAR
3 YEAR LEASE
$616.80 PLUS TAX
TX-47.80 (7.755)
TOTAL-$664.60
CAP Cost is $58,270.
Sales Tax: $2093.91
Dealer/State Fees: $594
Negative Equity on Trade: $4,000
36 mo, 12k miles with $8000 down at $774/mo.
They are telling me that MF is .00096 and RES is 54.00.
Is this a bad deal? With 8k down to absorb the negative trade, I am concerned that the numbers seem a bit off. Maybe too much holdback?
If I add in $1095 for the acquisition fee (marked up from $795), then I get the same payment.
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RWD: .00036 MF and 55%/54% residual
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The money factor is marked up from .00036, assuming RWD.
Must be getting some sort of trade-in credit on the taxes. Otherwise, tax would be closer to $4000.
You need the adjusted CAP cost. That's the number with everything added, and your downpayment subtracted.
Not only is the money factor marked up, they haven't mentioned the $795 acquisition fee (probably marked up to $1095). There might be other items added that they haven't disclosed.
The marked up money factor is adding $56/mo. to the deal.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I just got a quote for 2017 GLE350 4matic.
MSRP:60625; 12% off,
MF=0.0003 after 4 MSD,
36mon/12000miles, residual:54%.
acquisition fee: $1025.
Monthly payment: 635 (tax included) but NOT include doc fee, title fee and acquisition.
Is it a reasonable deal?
Thanks a lot.
Looks like the dealer marked up the MF, before applying the MSDs
You should be able to use 3 MSDs to bring the MF down to .00007, but you may not get as big a discount from sticker.
We suggest you add the doc fee and acquisition fee into the cap cost and make them part of the lease payment.
What state and tax rate is this?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
MSRP looks to be 59,540 or 60,465 if you include destination.
Says that lease includes MB prepaid maintenance for 40,000 miles/4 years.
Payment $679
Is this a good deal? It is my first lease and the salesmans first offer. I work for Allstate who has an affiliation discount also so I am not sure if that is included in this or not or how much it actually saves.
How much is due at signing?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
That's a lot of up front cash; ask them for a breakdown.
We suggest you only pay the first payment and DMV or registration costs when you sign the paperwork; add all the other taxes and fees into the lease payment.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Total cap reduction: $0
Advance Payment: $679
Security Deposit: $0
Doc Fee: $75
Upfront Fees: $295
Upfront Taxes: $2,145
Other Upfront Charges: $1,095
Initial Payment: $4,289
If I want the fees included it would be $786.20/month.
Add that and the upfront taxes to the adjusted cap cost.
Your payment will go up, but your out of pocket will go way down (right around $1000)
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
https://forums.edmunds.com/discussion/47074/mercedes-benz/gle-class/2018-mercedes-gle-class-lease-deals-and-prices/p1?new=1
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Can i get the lease numbers for a 2017 GLE350 RWD and AWD
36/12
36/15
Houston TX 77070
4Matic - .00028 and 54% / 52%
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2017 GLE350 4matic, 30 months, 10,000 miles - not sure if the 30 month program exists anymore
2017 GLE350 4matic, 36 months, 10,000 miles
Also, what is the non-marked up acquisition fee
Thank you for your time and help in advance.
4 years/20k miles
3 years/20k miles
$795 acquisition fee. Dealer can mark it up by $300
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39%/52% residual for 48/36 months, 15K/yr
.00028 MF
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Ohio taxes at 8%
Msrp: 65,280
Disc: 5264
Tax, dmv, and doc fee: 65,155
Residual 35,251.20
Due at signing: $1000 and payment 789
12k/36 months
1095 acquisition fee
2017 GLE 350 4matic
Ohio taxes the sum of the payments; likely they are added into the adjusted cap cost.
But, that's just a guess; I'd ask for the specific breakdown of how the dealer got from the $60,016 selling price to the $65,155 price.
Acquisition fee is marked up from $795; is that being added in to the lease payment, as well?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Plenty of dealers will show the retail price,as though it was a sale, then show the monthly lease terms separately, without any itemization of how they came up with the numbers.
Ask for the adjusted CAP cost
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Then Cash Down = 187.28
with a Adjusted Cap Cost of 6331.02
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2018 GLE-class lease thread is here:
https://forums.edmunds.com/discussion/47074/mercedes-benz/gle-class/2018-mercedes-gle-class-lease-deals-and-prices#latest
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Do you have the number for October on a GLE350 36 months / 10K miles.
Have a pleasant day.
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No incentive information
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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We don't have the incentive information
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