Leasing a luxury SUV like the Mercedes-Benz GLE 350 provides a perfect balance of affordability and flexibility. Whether you’re exploring lease offers, special incentives, or financial options, this guide covers all you need to know.
From understanding lease prices to the benefits of loyalty bonuses and certified pre-owned vehicles, we’ve included detailed insights to help you make an informed decision.
- The 2024 Mercedes-Benz GLE 350 lease starts at $769/month for 39 months with $6,283 due at signing.
- Lease benefits include lower payments, access to new inventory, and special offers like loyalty bonuses.
- Mileage allowance: 10,000 miles/year, with excess fees of $0.25/mile.
- Consider Certified Pre-Owned Vehicles for lower lease payments.
What Is The Mercedes-Benz GLE 350 Lease Price?
The lease price for the 2024 Mercedes-Benz GLE 350 4MATIC® SUV typically starts around $769/month plus tax for a 39-month lease with $6,283 due at signing. However, factors such as dealer contribution, loyalty bonuses, and special offers can significantly influence the final price.
Example Breakdown Of Lease Costs:
- Monthly Payment: $769 (plus tax)
- Down Payment: $6,283
- Total Gross Capitalized Cost: $63,016.33
- Lease Term: 39 months
- Mileage Allowance: 10,000 miles/year ($0.25/mile for excess miles)
- Purchase Option at Lease End: $35,970
The above figures are examples and may vary depending on location, dealership, and eligibility through Mercedes-Benz Financial Services.
Key Terms To Know In A Lease Agreement
1. Total Monthly Payments
This refers to the total of all monthly lease payments made during the lease term. For example, with a lease payment of $769 for 39 months, the Total Monthly Payments amount to $29,991 (excluding taxes and additional charges).
2. Total Payments
This encompasses the entire cost of the lease, including the down payment, acquisition fees, and monthly payments. In the case of the GLE 350, the Total Payments amount to $36,274, factoring in all upfront and recurring costs.
3. Suggested Dealer Contribution
This is a discount offered by the dealership to lower the vehicle’s Gross Capitalized Cost. For instance, in some cases, a dealer might contribute $2,383.67 to reduce the overall leasing expense.
4. Applicable Lease Agreement
This is the formal contract that specifies the lease terms, including mileage limits, penalties for excessive wear, and the Purchase Option price at the end of the lease. Carefully review these terms before signing.
5. Service Parts Specials
Many lease deals include discounted or complimentary maintenance packages under Service Parts Specials. These cover essential servicing and help ensure the vehicle remains in optimal condition throughout the lease term, reducing out-of-pocket expenses.
Mercedes-Benz Lease vs. Purchase
When to Lease
- You prefer lower monthly payments.
- You want to drive a new vehicle every 3–4 years.
- You don’t plan on exceeding the mileage cap.
When to Buy (Finance)
- You plan to keep the vehicle long-term.
- You’re okay with higher monthly payments.
- You want to avoid end-of-lease fees.
For financing, use tools like the Payment Calculator or visit the Finance Center to estimate costs.
How To Lease A Mercedes-Benz GLE 350
1. Check Special Offers
Start by exploring available deals such as New Vehicle Specials, Pre-Owned Vehicle Specials, and Finance Specials. Many dealerships also provide National Offers and incentives like loyalty bonuses, which can significantly reduce the Mercedes-Benz GLE 350 Lease Price.
2. Apply For Financing
Submit a Finance Application through Mercedes-Benz Financial Services. Pre-approval can help you understand your budget and streamline the leasing process. Using online Payment Calculators can give you a clearer picture of potential costs.
3. Visit A Dealership
Schedule a visit to a nearby Mercedes-Benz Dealership to explore your options. Test drive vehicles from the New Mercedes-Benz Inventory, including models like the Mercedes-Benz GLC or GLE 350, to ensure they meet your preferences.
4. Review The Lease Agreement
Carefully read and understand the lease terms. Pay attention to critical details like 39 Months Lease Payment, mileage limits, Taxes, upfront costs, and the Lease End purchase option. Confirm any included packages, such as Service Parts Specials, and ensure all terms align with your expectations.
Lease Cost Comparison (GLE 350 vs. Similar Models)
| Feature | Mercedes-Benz GLE 350 | Mercedes-Benz G Class | Mercedes-Benz C Class |
|---|---|---|---|
| Monthly Lease Payment | $769 | $1,400+ | $599 |
| Lease Term | 39 months | 36 months | 36 months |
| Down Payment | $6,283 | $10,000+ | $5,000 |
| Mileage Allowance | 10,000 miles/year | 10,000 miles/year | 12,000 miles/year |
| Purchase Option at Lease End | $35,970 | $80,000+ | $25,000 |
Benefits Of Leasing A Mercedes-Benz GLE 350
1. Lower Monthly Payments
Leasing typically results in lower monthly payments compared to financing. This makes the Mercedes-Benz GLE 350 Lease Price a more accessible option for those seeking luxury without committing to full ownership.
2. Access To New Inventory
Leasing provides the flexibility to drive a new Mercedes-Benz every few years. Models like the New Mercedes-Benz GLC or Mercedes-Benz GLS can be easily upgraded at the end of a lease term.
3. Loyalty Bonuses And Special Offers
Dealerships frequently provide valuable incentives such as Loyalty Bonuses, National Offers, or programs like Herb Chambers Smart Buy. These can help reduce upfront and monthly costs significantly.
4. Certified Pre-Owned Inventory Options
For those not keen on leasing a new vehicle, Certified Pre-Owned Vehicles offer an excellent alternative. They often come with lower payments, extended warranties, and attractive financing rates.
5. EV Information And Hybrid Options
Mercedes-Benz is expanding its focus on sustainability with electric and hybrid vehicles. Leasing options for models in the Mercedes AMG Inventory or Commercial Vans lineup often come with special deals, enabling you to drive eco-friendly vehicles at competitive rates.
Conclusion
Leasing the Mercedes-Benz GLE 350 provides access to luxury, flexibility, and cutting-edge features at a manageable monthly cost. With various Special Offers, Certified Pre-Owned Specials, and loyalty programs available, it’s easier than ever to drive your dream SUV. Whether you choose to lease or buy, tools like the Payment Calculator and support from the Finance Center ensure a smooth process.
FAQs
1.Can I Purchase The Vehicle At The End Of The Lease?
Yes, the purchase option is typically outlined in the lease agreement. For the GLE 350, the end-of-lease purchase price is around $35,970, offering flexibility if you wish to keep the vehicle.
2.Are There Mileage Restrictions On A Lease?
Yes, most leases allow 10,000–12,000 miles per year. Excess mileage is typically charged at $0.25/mile. Be sure to check the lease terms for any specific details on mileage allowances and penalties.
3.What Is Included In The Lease Cost?
The lease cost includes monthly payments, destination charges, and sometimes maintenance packages. However, taxes, registration, and insurance are additional. Always clarify with your Mercedes-Benz dealership for a complete breakdown of the total cost, including any vehicle protection plans.
4.Can I Negotiate The Lease Price?
Yes, you can negotiate the lease terms, such as lease deals, dealer contributions, and incentives. Many dealerships offer pre-owned specials or certified pre-owned vehicles that can be included in your lease. Mercedes-Benz Financial Services may also offer special lease bonus cash to reduce the upfront lease signing cost.
5.What Is A Loyalty Bonus?
A Loyalty Bonus is an incentive for returning customers to Mercedes-Benz, often reducing your lease payments or upfront costs. This bonus can sometimes be applied to new Mercedes-Benz GLC or Mercedes-Benz G Class models.
6.Can I Lease A Certified Pre-Owned Vehicle?
Yes, many Mercedes-Benz dealerships offer lease options for certified pre-owned vehicles, providing more affordable alternatives to new cars. These vehicles typically come with warranties and the opportunity to enjoy certified pre-owned specials.
7.What If I Exceed The Mileage Limit?
Exceeding the mileage limit results in additional fees, usually $0.25/mile for the Mercedes-Benz GLE 350. Consider vehicle protection plans or adjusting your mileage allowance at lease signing to avoid these costs.
