Signed - 2019 Mercedes GLE400 (loaner), $545/month, $545 DAS, $62K MSRP

Signed Deals & Tips
, , , ,
1

I signed the following lease reading the Leasehackr forum (and Edmunds) for guidance. Sharing in case the data is helpful.

I did 95% of the process by almost entirely by email. The total discount was 20%, a few dealerships were higher than that but not as convenient, and I got stuck with several dealerships closer to 15%.

I was also considering the 2019 GLS and got over 20% on loaners and could only find one 2020 GLE loaner with a very thin (10%) discount.

Year, Make, Model, and Trim: 2019 Mercedes-Benz GLE400 (4K mile loaner)

**MSRP: $62K
**Selling Price: $49.5K (20% including $1500 fleet incentive which could not be stacked with manufacturer incentive)
**Monthly Payment (before tax): $545
**Cash Due at Signing: $545 (first month)
**MSD: $3K (effectively brought MF to 0)
Incentives: Fleet (included above)

Months: 36
Annual Mileage: 10K
MF: 0.00035 (before MSDs which took the MF down to effectively 0)
Residual: 52% (before excess mileage deduction

Region: CT

2

This is a very good deal, probably one of the best I’ve seen for the redesigned GLE. Congrats and enjoy the ride.

3

I think your thinking about the 2020 gle, that’s the one that was redesigned

4

No wonder that price seemed too good to be true. Still a good deal on the GLE. Not many deals on it lately.

5

Haha yeah I was thinking the same, then sounded too good so did a google search lol, the 2020 models came early so I understand why they could be mistaken

And yeah I expect to see some more hacks on these soon, even though it’s an SUV market the redesign might help some good deals form

6

Yes, the 2020 is out so deals should be better on the 2019. I had two issues - inventory is very thin - there were very few 2019 GLEs in the tri-state area - and I am moving and needed a car right away so didn’t have more time.

There is a lot more inventory of 2019 GLS. I suspect that will be interesting when the redesign gets introduced in a few months.