Hi! I just got a quote for a retired courtesy 2021 Mercedes Benz GLE 350 which has about 4000 miles. The dealership said that the residual value is 56%.
Firstly, this is being sold at MSRP even though it’s a loaner, which I thought was absurd, even in this market. What do you think is a fair evaluation of the car?
That’s what I’ll be asking. I already asked a reduction and the dealer spouted crap about supply chain issues, cars being sold above MSRP etc. If I was willing to pay MSRP, then I did find a new car at some dealer within Illinois.
Yikes. Well it’s an amg line which will carry a premium. If you don’t need that, there are dealers in the marketplace quoting sub-$900/mo deals for GLEs on 36/10k leases. It seems that non AMG line GLEs can be found for MSRP.
Maybe a silly question, but if it’s a CPO car, is this being leased as retired loaner (where the RV [minus mileage penalty], MF, incentive, etc., are all the same as a new car), or is this being leased as an “actual” used car?
I tried, but the salesperson did not budge on anything. Says cars are flying out the door. I tried to see if they would get even $1000 off by saying I would pick it up right then just to see if they would negotiate, but they were not interested at all.
I’ve looked at the BMW X5, F-Pace. Both aren’t coming in the sub 850s with 5k down. I won’t actually put anything down, but just using it for my calculations atm. Also looked at XC 90s and that seems a bit more possible. I think the Lincoln Nautilus is what I’m trying next. Anyone know what I should be targeting for on the Nautilus AWD Reserve 1?
Oddly interesting that particular car isn’t flying away.
Chances are, they’re trying another 5 people just like you on the same car and first past the post gets the honor of paying $48,400 to lease a fart car GLE350.