Deal Check: 2025 Mercedes GLE 450e — $80,415 MSRP (NorCal)

Ask the Hackrs
1

Hi everyone,

Would love a gut check on this lease quote I received for a 2025 Mercedes-Benz GLE 450e with the following specs:

• MSRP: $80,415
• Term: 24 months
• Miles/year: 7,500
• Selling Price (pre-incentive): $71,047
• Rebate: $7,500 (MBFS Lease Bonus Cash)
• Adjusted Cap Cost: $63,547
• Residual: $51,465.60 (64%)
• Money Factor: Unknown (dealer hasn’t disclosed yet — assume standard MBFS?)
• Acquisition Fee: $1,095
• Doc Fee: $85
• Estimated DMV: $600
• Trade-In Equity: $6,145.45**
• Down Payment: $0
• Drive-Off: $0
• Monthly Payment (incl. tax @ 9.25%): $741

I’ve compared this to Leasehackr marketplace deals and local options, and this looks okay — but I’d love any feedback on:

• Whether the dealer discount (~11.6%) looks solid for this model right now
• Whether the money factor is likely being marked up
• Anything else I should negotiate or clarify

Thanks in advance for the help!

2

You have $6k equity in your deal. This adds $256/mo. Did you take this into consideration while comparing?

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3

Thanks, yes, I’ve been comparing it to other deals like the $72k MSRP GLE450e at $689 + tax with $4,000 due at signing.

In my case, I’m applying $6,145 in trade-in equity to cover the entire drive-off and reduce the monthly. So while it’s not technically a $0 DAS deal, I’m not putting in any cash.

Appreciate the feedback

4

Have you submitted a carvana, true car, and kbb leads and CarMax and automation online quotes for selling your curve car? Have you used truecar to see if any dealer already has a posted discount that is higher than 11%?Total will take less than 30 minutes but will tell you if your car is worth more. Start there. Then let’s talk about the discount.

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5

Appreciate the advice. I shopped my 2021 GLE 350 around using KBB, CarMax, Carvana, and TrueCar, and also checked with three local Mercedes dealers. The numbers I got from all sources were pretty consistent, and the quote I’m working with aligns closely with those offers.

6

Your equity is your cash down payment or DAS, if it’s used as such. You total your car - you lose it, just like you lose DAS.

2 Likes
7

Good call — totally fair point.

8

How many miles? I am literally selling a 2018 for a lot more. Unless it’s over like a 100k

9

So you’d be spending just about $1,000 a month pre-tax, and at the end, you walk away. Whether or not that’s as good as it gets for this make/model, is that something that sits right with you? Have you looked at deals on competitive models?

10

35k miles — I’ve gotten a few trade-in offers locally and online, and they’ve all come in around the mid-$30s. I checked with dealers and places like CarMax and KBB

11

The warranty on my GLE expired in December and it’s had a bunch of smaller issues (and quite a few recalls). I’m debating whether I trade it in now or keep it and pay for an extended warranty (still figuring out what that would cost).

That said, I saw this post from a dealer mentioning a freeze on discounts and possible changes to lease programs after April 2, especially with tariffs expected to hit brands like Mercedes and BMW:

So part of me is wondering if it’s better to just lock something in now while the current programs are still active.

12

Effectively about $1000 a month (when including trade in money) for a Mercedes EV.

This is no bueno IMO.

13

Which dealer did you go in NorCal?

14

I checked out a bunch of places, but the guys at Santa Rosa and Walnut Creek had the best price. Marin MB was terrible. (BTW, I passed on the one above and decided to keep my existing GLE.)

15

Thanks Anthony! Is there any reason that you passed on the GLE 450e? Is there any negative review?

16

Didn’t want to spend the money in the end. The car was v nice however.

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