About to sign this lease 2020 GLE 350 4MATIC

I appreciate it.

Sample size is small for me, but the deals are out there if you put the effort in.

Yes ones and twos. But 30% as a target will result in frustration for the masses.

:bat:

And you ended up with this?? They’re probably charging you double the base MF on this deal. Loaners should get you some of the better MB deals and this one isn’t even close.

If you’re busy, you could also try a broker…

Not just 30%, “low 30s”

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Hey guys, got the MF and RV from edmunds, the MF and RV for 15k miles is .00113MF and 54% RV, no incentives in my area apparently
The RV and MF for 36 months 15k miles is .00113 MF (same) and 45%
So am I getting uncharged??

Through my own calculation using the lease formula it came out to 459 without taxes and fees, does that sound right?

Why just stop at 30%?

High 20s to low 30s off MSRP before any incentive on probably Mercedes hottest product right now??? Even if it is a loan car, I think that figure is so far out of it. The good man who originated this post needs to just forget he read that. That may be doable on a Volvo sedan but not even realistic on an MB GLE.

Also, that $459 calculation seems awfully cheap. I think something is amiss.

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I agree lol
cap cost - residual value / 48

(51000-33550)/48 = 363

(51000+33550)*.00113 = 95.45

= 459

Whatcha smoking?

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I believe the math…Just off the top of my head that was seeming low for that vehicle.

The 48 month RV is that high? Holy sheet they’re going to take a bath at the end.

You used the RV of 36 months, but spread the monthly over 48 months.

You’re also are missing all the fees and didn’t adjust the RV for the miles.

You’re paying too much somewhere. I’m still going with inflated MF.

He got the RV from Edmunds for 24 and 36 months it looks like

No, @fast_furious mixed up the RV for 36 and 48 months. It’s 54% for 36/15k and 45% for 48/15k.

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I thought that might be the case on RV since it didn’t really makes sense the other way around.
It gets the calculator to match that way. Still not a good deal though lol.

OP you need more discount on MSRP. Keep in mind if you do 48/15 you need to factor in tires and breaks before you turn it in. Might be better off doing 36/15.
Any reason you’re not doing max MSDs?