Looking for advice on 2020 Mercedes GLE 350 Lease

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1

Hi I am new to this forum and would be grateful for some advice.
I am looking to lease a 2020 Mercedes GLE 350. MSRP is $63,965. Advice on approximate lease price for 36 months 12,000 miles. I know this is a vague question but I would like to just get some ideas and advice if possible.

Thanks

2

Spend some time reading through the leasing 101 section to understand how leases are calculated, gather RV/MF/incentives info from Edmunds, then look through comp deals here to put together pricing for your region/situation

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3

I just picked up one of these last month. Took me a while to find a deal I was happy with. I spent a lot of time reading on this site until I could really understand the way leases work. Numbers can be easily manipulated.
Know your numbers before you start negotiating. Check here when you have a deal so you can get some feedback before you sign if you’re not confident in the contract.
Can’t stress this enough, do your homework.

Hope you find one; it’s beautiful, comfortable and the new interior redesign gives you so many customizable options. Fantastic car!

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4

There are a bunch of recent threads on this vehicle that should give you an idea.

https://forum.leasehackr.com/search?q=2020%20gle

6

Hi did you lease the 2020 do you mind telling me what payment you were given.
My MSRP was in the low 60s.
Thanks

7

I just received the offer letter on this deal.
Is there a specific monthly payment I should look for?

MSRP: 60290
Discount 7131
Adjusted price 53159

Down money - first month security tax tags

12k/ 36 mo $758

residual is 56%
money factor .00150

Any guidance is appreciated.
Thanks

8

The info for that deal is on my thread

9

Hi updated numbers is this a good deal. Most interested in the 2020.

Msrp 60290
Selling price 53159
Residual 56%
Mf .00125
36 mo 12 k $743
First month taxes tags down

Thanks

10

Did you read and do what @mllcb42 suggested?

11

yes just asking everyone’s thought

12

Are you also paying the acquisition fee and doc fee upfront?

As for the deal itself, your discount is okay but I would not sign the deal.

13

@joe4jen - Keep reading and keep looking at other comparable deals.

14

Total out of pocket is 2,000 what do you suggest I do to make it better and to sign?
Thanks so much

15

Find another dealer that will give you a bigger discount. I hope you have confirmed you are getting the base MF.

16

Yes .00125 is base and that is what I am not getting

17

0.00113 is the Buy Rate MF for the 350 4Matic this month. This is before MSD.

18

Any number above $650/month $2000 down is a rip off.

19

Extremely helpful.

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