Offering 2018 Mercedes GLE

Marketplace
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Hey Guys! My name is David and I’m with Emporium Auto Lease I Recently joined lease hackr and I’m a Leasing company (Broker) in South Florida and have been doing this for quite some time now. I recently was working on an aggressive deal for potential customer of mine and the guy backed out of this car and wanted me to get him something else which I did. Thing is it’s a sick deal and need to get this out by tomorrow because my dealer already traded for this car. Color is Gray on black let me know guys what you think Pm me. Also if any of you need some lease specials let me know would be happy to look into it for you. Here is a link to my site if you guys need to contact me P.s my website isn’t really up to date but after new years will be working on getting it updated regularly for you guys: https://emporiumautolease.com/ Thanks!

2018 Mercedes Benz GLE

MSRP: [$62,410]
Selling Price: [$55230]
Rebates: [$1,000]

Months: [36]
Annual Mileage: [7,500]

MF: [.00056]
Residual: [57%]

Total Due At Signing: [$1,885]
Downpayment: [$0]
Monthly Payment (incl. tax): [$640]
Tax: Miami-Dade [7%]

Security Deposit Accepted?: [Yes up to 7 MSDs ($4,550)] (Brings Down Payment to $592)

Leasehackr Score: [10]

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Doesn’t really seem like a steal deal, considering it’s only 7.5k/year and doesn’t even meet the 1% rule. Also, how ddoes 8 MSDs come out to $4900?

3 Likes
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Hey Jon was typing a little to quick my mistake but I did make an Edit it’s actually $4,550 in MSD’s and a total of 7. Honestly considering the MSRP of this vehicle I think it’s a pretty good deal. Btw since I’m new here I don’t really understand the 1% rule?

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1% rule means the monthly lease payment (Inc. Tax) is no more than 1% of the vehicle’s MSRP.

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Seems average at best, I think anyone would be able to walk into any of the autonation stores and get this deal if they ask. Especially with those high dealer/doc fees.

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Where is the steal deal exactly?
Doesn’t meet the 1% rule AND only 7,500 miles?

2 Likes
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Not so Average put it this way if you took a lower MSRP like a 54715 without MSD’s comes out to $555 and with the MSD’s brings the payment to $505 I’m almost pretty positive even if you walk into an autonation stores in south Florida they"ll be much higher and that’s after negotiating

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With your example, what is the selling price? You don’t think how desperate Mercedes is right now they would offer 10% off MSRP right off the bat? The good news I don’t have to worry about it because I’d go for a loaner and target that payment of just above $400. That of course if I ever decided to get the E series SUV but my personal opinion is that MB are over priced and people buy them because they want it as a status symbol down here. To each thier own…

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Got mine last year with same MSRP at a selling price of $52,xxx and 10k miles.

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This forum doesn’t “walk into autonation dealers”. Actually we don’t typically even go to the dealership …

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I walk into dealership only to test drive the car before signing the paperwork, period.

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Another broker who will likely not come back to this forum. Apparently not much of a steal deal :man_shrugging:

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Listen as much as I would love to be on the forums all the time I can’t because I was doing to many Deliveries

1 Like
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i was trying to say if hypothetically speaking if you were to walk into a dealership trust me it would be much higher

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How much did your payment come out to?

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Don’t worry. With those prices, you won’t need to visit here often.

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Lol listen I just posted what I thought was a great deal but Listen shop a few deals come to me last i bet you ill get you a better deal

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You sound like a regular, typical salesperson.

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For your info im not a “typical sales person” and actually there have been a few in people in the past from leasehckr who have gotten cars by me in the past month if you want a good reference since you think im “typical” ask @Fast_Track_Leasing im sure he would back me up here on this one