Penfed does not offer any leases. To read more about Penfed and additional incentives being offered by manufacturers for Penfed members, check out this thread.
OK so most of us know Mercedes Benz fleet can be achieved by being a PenFed member (after 30 (EDIT 60) day enrollment period for eligibility), but recently they have expanded on that to include FCA (Jeep, Chrysler, etc…) and BMW, Volvo. Just used it for $500 incentive for a 2020 740xi lease and many times in the past for $500 for MB. In many cases they do stack but read the fine print and don’t bully the dealers, many of them don’t know how they work. Membership is free if you qualify for Pen…