2020 Mercedes GLE 350 Money Factor and RV

Ethan0228Ethan0228 Member Posts: 3
edited July 2020 in Mercedes-Benz
Looking for money factor and Residual Value on a 2020 GLE 350 & GLE 350-4Matic, 36 months/12k miles, zip code 91748. Thanks in advance!
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  • MichaellMichaell Moderator Posts: 259,084
    Ethan0228 said:

    Looking for money factor and Residual Value on a 2020 GLE 350 & GLE 350-4Matic, 36 months/12k miles, zip code 91748. Thanks in advance!

    RWD - .00164 and 56%
    AWD - .00151 and 56%

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  • Ethan0228Ethan0228 Member Posts: 3
    Thank you for the numbers. One question, is the MF given by the dealer negotiable? The dealer told me that MF is set by the manufacturer and cannot be changed. My current 2017 E300 lease has a much lower MF .00116
  • kyfdxkyfdx Moderator Posts: 261,245
    Ethan0228 said:

    Thank you for the numbers. One question, is the MF given by the dealer negotiable? The dealer told me that MF is set by the manufacturer and cannot be changed. My current 2017 E300 lease has a much lower MF .00116

    The base MF is set by the bank. But, the dealer can mark it up for more revenue.

    It varies by model

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  • Ethan0228Ethan0228 Member Posts: 3
    edited July 2020
    so are the MF you provided (.00164 and 56%/AWD - .00151 and 56% ) the base MF which means the lowest rate dealer can provide, correct? Thank you.
  • MichaellMichaell Moderator Posts: 259,084
    Ethan0228 said:

    so are the MF you provided (.00164 and 56%/AWD - .00151 and 56% ) the base MF which means the lowest rate dealer can provide, correct? Thank you.

    Correct.

    You can buy it down by using multiple security deposits, or agreeing to do a one-pay lease.

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  • ltrlsltrls Member Posts: 7
    Hello, looking for RV/MF for GLE 350 & GLE 350 4matic. 36/10k or 36/12k. Zip 98004. Thanks in advance!
  • kyfdxkyfdx Moderator Posts: 261,245
    ltrls said:

    Hello, looking for RV/MF for GLE 350 & GLE 350 4matic. 36/10k or 36/12k. Zip 98004. Thanks in advance!

    36/12
    RWD: .00164 MF and 56% residual
    AWD: .00151 MF and 56% residual

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