lease buyout

killatee18 · 01-10-2009, 12:05 PM

Hey, I have a E350 and the lease is ending 2/21/09. I am thinking about buying it out as the price has gone down a lot from the original contract price. Only problem is that the interest rate they are offering is 8.14%. I have perfect credit and a steady job and there is no way I'm paying 8.14%. May I ask what rate you got? Will they negotiate on the rate?? Also, I went to my local bank and rates there were outrageous too...this would be considered a used car loan right? Not sure if its the economy or just a really bad deal. Looking for a 60 month loan. Thanks!

To remove this ad, register today or login if you already are registered!

nJuDunno · 01-11-2009, 09:01 PM

You should shop around at some credit unions, most of the time all you have to do is open a savings account with them with very little money in it to be able to apply for a loan.

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search
Display Modes	Rate This Thread
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode	Rate This Thread:

01-11-2009, 09:01 PM	#2
nJuDunno Member Garage is empty, add now Join Date: Jul 2005 Location: NJ Posts: 167 Drives: 2006 CLS55 w/030 pkg, 2011 ML350 4matic	You should shop around at some credit unions, most of the time all you have to do is open a savings account with them with very little money in it to be able to apply for a loan.

01-11-2009, 09:01 PM
MBWorld Mercedes SLR McLaren Paid Advertisement

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)