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2020 Mercedes Benz GLE-Class Lease Deals and Prices

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  • doubleoo6doubleoo6 Member Posts: 52
    2020 GLE 350 4MATIC

    anyone know $$$$price of tire and wheel protection?

    How is this deal I am about to pick up?
    msrp $61500
    Sale price 56000
    $2198 out of pocket INCLUDES 1st payment and not sure
    W/3 year maintenance
    Money factor 0.000162

    Zip code 10019
    Monthly $755 ?

    GOOD / BAD???

    Thank you.
  • kyfdxkyfdx Moderator Posts: 235,217
    doubleoo6 said:

    2020 GLE 350 4MATIC

    anyone know $$$$price of tire and wheel protection?

    How is this deal I am about to pick up?
    msrp $61500
    Sale price 56000
    $2198 out of pocket INCLUDES 1st payment and not sure
    W/3 year maintenance
    Money factor 0.000162

    Zip code 10019
    Monthly $755 ?

    GOOD / BAD???

    Thank you.

    Money factor is marked up from .00142

    What is the term and mileage allowance?

    What is the adjusted CAP cost?

    Don't know the cost of tire/wheel protection, but it is almost always over-priced. I'd pass on it.

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  • JEDWARDKJEDWARDK Member Posts: 8
    No money deposit or document signed yet but "committed" to a vehicle arriving on May 27th at one dealership.
    I got a followup message from a competing dealership salesperson. Sent a reply that we are no longer in the market. He responded:
    "No worries if you know of anyone interested Mercedes did give us $100,000 in incentives to use for customers this weekend. Thank you."

    Does this actually happen? Are there manufacturer incentives that are not announced and just allocated willy nilly? Or is this a sales tactic to try to lure us back to the dealership?
  • MichaellMichaell Moderator Posts: 240,144
    JEDWARDK said:

    No money deposit or document signed yet but "committed" to a vehicle arriving on May 27th at one dealership.
    I got a followup message from a competing dealership salesperson. Sent a reply that we are no longer in the market. He responded:
    "No worries if you know of anyone interested Mercedes did give us $100,000 in incentives to use for customers this weekend. Thank you."

    Does this actually happen? Are there manufacturer incentives that are not announced and just allocated willy nilly? Or is this a sales tactic to try to lure us back to the dealership?

    I think you've answered your own question.....

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  • 5novafutbol5novafutbol Member Posts: 10
    Can I please get the MF, RV, incentives for 2020 GLE 350 4MATIC, in 20147, 36/15?
    thanks!
  • kyfdxkyfdx Moderator Posts: 235,217

    Can I please get the MF, RV, incentives for 2020 GLE 350 4MATIC, in 20147, 36/15?
    thanks!

    .00142 MF and 56% residual
    No incentives

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  • mckcalmckcal Member Posts: 20
    Hello, 

    Could you please provide MF and RV on 2020 GLE 350 for 12K/36 months? Zip code is 91214. Any incentive?
  • kyfdxkyfdx Moderator Posts: 235,217
    mckcal said:

    Hello, 

    Could you please provide MF and RV on 2020 GLE 350 for 12K/36 months? Zip code is 91214. Any incentive?

    .00142 MF and 58% residual
    No lease incentives

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  • ewilzewilz Member Posts: 8
    MF and RV on 2020 GLE 350 for 12k/36mo in zip 33076?
  • kyfdxkyfdx Moderator Posts: 235,217
    ewilz said:

    MF and RV on 2020 GLE 350 for 12k/36mo in zip 33076?

    .00142 MF and 58% residual
    No lease incentives

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  • gatimegatime Member Posts: 1
    Hi, Looking for the MF/RV on a 2020 GLE 350, 36 months and 10 miles per year. Zip code 40475 TIA :)
  • kyfdxkyfdx Moderator Posts: 235,217
    gatime said:

    Hi, Looking for the MF/RV on a 2020 GLE 350, 36 months and 10 miles per year. Zip code 40475 TIA :)

    .00142 MF and 59% residual
    No lease incentives

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  • JamesTJamesT Member Posts: 7
    Can I have MF and RV for 36/10K and 36/7.5K for 2020 GLE 350 in 33308? Many thanks.
  • MichaellMichaell Moderator Posts: 240,144
    JamesT said:

    Can I have MF and RV for 36/10K and 36/7.5K for 2020 GLE 350 in 33308? Many thanks.

    36/10
    .00142 MF and 59% residual
    No lease incentives

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  • jabhinav08jabhinav08 Member Posts: 2
    Hi, MF and RV for 36/12K for 2020 GLE 350 in 10023? I'm getting quoted 58% residual and 0.0016 MF. The RV seems fine but MF seems too high - salesman says that has been fixed. Is that right? Thanks
  • MichaellMichaell Moderator Posts: 240,144

    Hi, MF and RV for 36/12K for 2020 GLE 350 in 10023? I'm getting quoted 58% residual and 0.0016 MF. The RV seems fine but MF seems too high - salesman says that has been fixed. Is that right? Thanks

    .00142 and 58%

    Salesman is wrong - the dealer is marking it up for extra profit.

    Tell them you want the base MF, or you'll walk.

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  • jabhinav08jabhinav08 Member Posts: 2
    Thanks Michael. We walked. Will see when they call us back if they counter with the fair MF.
  • jp4estjp4est Member Posts: 3
    Looking for MF & RV on 36/10K and 36/12K for 2020 GLE 350 for 34761.

    Received what I believe is a pretty insane quote today when we went in for a test drive. MSRP $61,990 with no money down they wanted $1,147/month. They claimed that was with RV of 59% and MF of .00019 but I can't recreate those numbers with calculators online. I was expecting in the $850-900 range.

    Any advice/help is appreciated and thanks in advance for the numbers.
  • mb_enthusiastmb_enthusiast Member Posts: 232
    jp4est said:
    Looking for MF & RV on 36/10K and 36/12K for 2020 GLE 350 for 34761. Received what I believe is a pretty insane quote today when we went in for a test drive. MSRP $61,990 with no money down they wanted $1,147/month. They claimed that was with RV of 59% and MF of .00019 but I can't recreate those numbers with calculators online. I was expecting in the $850-900 range. Any advice/help is appreciated and thanks in advance for the numbers.
    How could the MF possibly be that low?
    My stable: 2019 Audi Q8, 2015 Mercedes-Benz GL63 AMG, and 2005 Mercedes-Benz E500W4Found new homes: 2017 Porsche Cayenne S, 2011 Mercedes-Benz R350 BlueTEC, and 2004 Volkswagen Phaeton V8Illinois real estate broker and commercial property manager
  • MichaellMichaell Moderator Posts: 240,144
    jp4est said:

    Looking for MF & RV on 36/10K and 36/12K for 2020 GLE 350 for 34761.

    Received what I believe is a pretty insane quote today when we went in for a test drive. MSRP $61,990 with no money down they wanted $1,147/month. They claimed that was with RV of 59% and MF of .00019 but I can't recreate those numbers with calculators online. I was expecting in the $850-900 range.

    Any advice/help is appreciated and thanks in advance for the numbers.

    36/12
    .00142 and 58%

    Could they be using a different bank? Not something we see with MB, but I suppose it's possible.

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  • jp4estjp4est Member Posts: 3
    jp4est said:
    Looking for MF & RV on 36/10K and 36/12K for 2020 GLE 350 for 34761. Received what I believe is a pretty insane quote today when we went in for a test drive. MSRP $61,990 with no money down they wanted $1,147/month. They claimed that was with RV of 59% and MF of .00019 but I can't recreate those numbers with calculators online. I was expecting in the $850-900 range. Any advice/help is appreciated and thanks in advance for the numbers.
    How could the MF possibly be that low?
    I think they must have added a zero up front? Maybe was trying to tel me .0019 but they wrote down on their quote .00019. 

    Ive never signed a lease before so still trying to wrap my head around the process. Plan to call around to competing dealers tomorrow and start the negotiations a little differently.

    (Thank you Michael for the numbers)
  • kyfdxkyfdx Moderator Posts: 235,217
    jp4est said:




    jp4est said:

    Looking for MF & RV on 36/10K and 36/12K for 2020 GLE 350 for 34761.

    Received what I believe is a pretty insane quote today when we went in for a test drive. MSRP $61,990 with no money down they wanted $1,147/month. They claimed that was with RV of 59% and MF of .00019 but I can't recreate those numbers with calculators online. I was expecting in the $850-900 range.

    Any advice/help is appreciated and thanks in advance for the numbers.

    How could the MF possibly be that low?

    I think they must have added a zero up front? Maybe was trying to tel me .0019 but they wrote down on their quote .00019. 

    Ive never signed a lease before so still trying to wrap my head around the process. Plan to call around to competing dealers tomorrow and start the negotiations a little differently.

    (Thank you Michael for the numbers)

    That would be my guess.. marked up the money factor and inadvertently added a zero.

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  • TwibesTwibes Member Posts: 2
    Great info here. Looking for the current lease numbers for a 2020 GLE450, 36/12k in 15090. Thanks!
  • kyfdxkyfdx Moderator Posts: 235,217
    Twibes said:

    Great info here. Looking for the current lease numbers for a 2020 GLE450, 36/12k in 15090. Thanks!

    .00177 MF and 60% residual

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  • JEDWARDKJEDWARDK Member Posts: 8
    edited May 2019
    i'm in Los Angeles, CA
    worked out the following deal on 2020 GLE350
    MSRP $61415 (Selenite grey, premium 1, MBUX augmented nav, Surround view, panoramic roof)
    + 3yr/30k maintenance plan $1175

    Selling price $3190 off (originally $3000 off but the monthly was over $700 so I asked the dealer to get it to $700 at least... and they hit it on the dot by taking off a little more)
    $1095 acquisition fee
    and i forget the exact doc fee but it was about $125ish
    DMV registration $540ish

    36 months, 10k miles/yr
    59% residual

    base MF 0.00142
    10x security deposit $8000 to bring MF down to 0.00072
    $3000 down
    no incentive obviously

    total driveoff $12,763.83

    $639.27/month before tax
    CA sales tax 9.5%
    $700/month with CA sales tax


    i don't like it...
    but given that there is such shortage of available cars with surround view camera which my wife MUST have
    and there is zero incentive available
    i don't think i can do much better than this
  • MichaellMichaell Moderator Posts: 240,144
    JEDWARDK said:

    i'm in Los Angeles, CA
    worked out the following deal on 2020 GLE350
    MSRP $61415 (Selenite grey, premium 1, MBUX augmented nav, Surround view, panoramic roof)
    + 3yr/30k maintenance plan $1175

    Selling price $3190 off (originally $3000 off but the monthly was over $700 so I asked the dealer to get it to $700 at least... and they hit it on the dot by taking off a little more)
    $1095 acquisition fee
    and i forget the exact doc fee but it was about $125ish
    DMV registration $540ish

    36 months, 10k miles/yr
    59% residual

    base MF 0.00142
    10x security deposit $8000 to bring MF down to 0.00072
    $3000 down
    no incentive obviously

    total driveoff $12,763.83

    $639.27/month before tax
    CA sales tax 9.5%
    $700/month with CA sales tax


    i don't like it...
    but given that there is such shortage of available cars with surround view camera which my wife MUST have
    and there is zero incentive available
    i don't think i can do much better than this

    Congrats!

    When there are must have options, it restricts your ability to strike a great deal.

    Appreciate you sharing your deal details with us.

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  • briansmith23briansmith23 Member Posts: 23
    Looking to purchase a GLE 450 with cash:
    1) When does the new model year usually release?
    2) How much money should I aim to take off at sticker?
    3) Is there any expected discount for paying in "cash" (time present value of money)
    4) Do corporate/affiliate discounts still exist?

    Thanks in advance!
  • kyfdxkyfdx Moderator Posts: 235,217

    Looking to purchase a GLE 450 with cash:
    1) When does the new model year usually release?
    2) How much money should I aim to take off at sticker?
    3) Is there any expected discount for paying in "cash" (time present value of money)
    4) Do corporate/affiliate discounts still exist?

    Thanks in advance!

    1) No info
    2) Research pricing, here: https://www.edmunds.com/tmv.html
    3) The bank pays the dealer immediately, whether you finance or pay cash. So, time value means nothing to the dealer
    4) Possibly, but we don't have info on that.

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  • rll31rll31 Member Posts: 1
    edited May 2019
    My lease experience this May:

    GLE 350 4Matic 36 mo/15 k mi
    MSRP 65,500
    negotiated price 60,392
    acquisition fee 1095
    doc fee 249
    MF .00142

    First month, acquisition, doc, tags/lic at signing

    Monthly w/ NJ Sales Tax capitalized 841.77

    added prepaid maintenance at the end
  • JEDWARDKJEDWARDK Member Posts: 8
    when you look at the lease agreement, there's no way to know the money factor, is there?
    other than to run the numbers through a calculator?
  • MichaellMichaell Moderator Posts: 240,144
    rll31 said:

    My lease experience this May:

    GLE 350 4Matic 36 mo/15 k mi
    MSRP 65,500
    negotiated price 60,392
    acquisition fee 1095
    doc fee 249
    MF .00142

    First month, acquisition, doc, tags/lic at signing

    Monthly w/ NJ Sales Tax capitalized 841.77

    added prepaid maintenance at the end

    Congrats!

    Thanks for sharing your deal with us.

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  • MichaellMichaell Moderator Posts: 240,144
    JEDWARDK said:

    when you look at the lease agreement, there's no way to know the money factor, is there?
    other than to run the numbers through a calculator?

    Depends on the software the dealer is using.

    I've seen screen shots with the MF disclosed, and other without.

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  • Ridingz001Ridingz001 Member Posts: 3
    Hello, please can i get the MF and RV for the month of June for a 2020 GLE-350 36/10k zip code 22304. Also, what incentives are available?
  • kyfdxkyfdx Moderator Posts: 235,217
    JEDWARDK said:

    when you look at the lease agreement, there's no way to know the money factor, is there?
    other than to run the numbers through a calculator?

    Correct. But, on the actual lease contract, you will see the "Rent Charge". That is the finance portion of the lease payment multiplied by the term. If you've done your calculations beforehand, you can see how this matches up. Large differences will be readily apparent.

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  • kyfdxkyfdx Moderator Posts: 235,217

    Hello, please can i get the MF and RV for the month of June for a 2020 GLE-350 36/10k zip code 22304. Also, what incentives are available?

    .00142 MF and 59% residual

    No lease incentives

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  • Kalby2Kalby2 Member Posts: 24
    Hello! May I have the MF and RV for a 2020 GLE  350 10k/36mo in zip code 11780 and lease incentives please? Thank you 
  • MichaellMichaell Moderator Posts: 240,144
    Kalby2 said:

    Hello! May I have the MF and RV for a 2020 GLE  350 10k/36mo in zip code 11780 and lease incentives please? Thank you 
    .00142 and 59%
    No lease incentives

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  • scottykscottyk Member Posts: 5
    Hi there- looking for MF and RV on 2020 GLE 350 3 year lease with 10K miles/year in 94129 zip code. Thanks!
  • MichaellMichaell Moderator Posts: 240,144
    scottyk said:

    Hi there- looking for MF and RV on 2020 GLE 350 3 year lease with 10K miles/year in 94129 zip code. Thanks!

    .00142 and 59%

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  • chebadchebad Member Posts: 7
    Hi there- looking for MF and RV on 2020 GLE 450 3 year lease with 10K miles/year in 95035 zip code. Thanks!
  • kyfdxkyfdx Moderator Posts: 235,217
    chebad said:

    Hi there- looking for MF and RV on 2020 GLE 450 3 year lease with 10K miles/year in 95035 zip code. Thanks!

    .00177 MF and 61% residual

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  • BlueRain137BlueRain137 Member Posts: 11
    Hi, May I have MF and RV for 2020 GLE 350 4matic, 36 months with 12K miles/yr and 15k miles/yr? And is there any lease incentive?
    Zipcode::::-11358
    Thank you.
  • MichaellMichaell Moderator Posts: 240,144

    Hi, May I have MF and RV for 2020 GLE 350 4matic, 36 months with 12K miles/yr and 15k miles/yr? And is there any lease incentive?
    Zipcode::::-11358
    Thank you.

    36/15
    .00142 and 56%

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  • James1010James1010 Member Posts: 2
    Hi there- looking for MF and RV on 2020 GLE 350 3 year lease with 10K miles/year in 92704 zip code. Thanks!
  • MichaellMichaell Moderator Posts: 240,144
    James1010 said:

    Hi there- looking for MF and RV on 2020 GLE 350 3 year lease with 10K miles/year in 92704 zip code. Thanks!

    .00142 and 59%

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  • pilmenpilmen Member Posts: 11
    Hello I'm looking for MF and RV on 2020 GLE 350 36/12K miles/year in 08859 zip code.
  • kyfdxkyfdx Moderator Posts: 235,217
    pilmen said:

    Hello I'm looking for MF and RV on 2020 GLE 350 36/12K miles/year in 08859 zip code.

    .00142 MF and 58% residual

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  • Gurun123Gurun123 Member Posts: 3
    Hi! Can you please advise on MF and RV for a 2020 GLE350W4 7.5K/24 months in zip code 45248 please? Thank you.
  • kyfdxkyfdx Moderator Posts: 235,217
    Gurun123 said:

    Hi! Can you please advise on MF and RV for a 2020 GLE350W4 7.5K/24 months in zip code 45248 please? Thank you.

    .00142 MF and 65% residual

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  • kramhokramho Member Posts: 46
    Request MF, RV, and incentives for 2020 GLE350, 36/12, in 48105. Thanks
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