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Lease Transfer - 2014 E350 -14 mo & 16k miles - $8,400

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Old 09-22-2015, 05:10 PM
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Lease Transfer - 2014 E350 -14 mo & 16k miles - $8,400

I did a 1-pay lease on a well equipped ($70k window sticker) 2014 E350 4-matic Sport and find the rear seating to tight for adult passengers. Need to upgrade to a larger sedan. Its been a great vehicle...mostly highway miles with an average of close to 28mpg. Full leather interior. Odometer is currently at approx 5,200 miles. There are 14 months remaining on this lease.

This car is in immaculate condition and I am looking to do the transfer with someone here in the Northeast (I'm in Bergen County, NJ). I'm told by MB Financial Services that the transfer takes approx 4 weeks which is why I've dropped the remaining months from 15 to 14 months. End date is 1/1/17. This was a 27 month, 10k miles per year, 1-pay lease and I'm obviously way under on miles (22,500 allowable miles less 5,200 = 17,300 available as of this posting).

I'll pay the $595 lease transfer fee out of the $8400 price. You'll have to fill out a credit app to be approved by MB Financial. The only thing you'll be responsible for is any disposition fees (waived by Mercedes if you lease or buy a vehicle from them at the end of the lease) and local registration/DMV.

I can be reached at ultgar@verizon.net. The 2014 and 2015 E-class models are essentially the same. There are a lot of interesting cars on the horizon for 2017....here's something nice to drive until those vehicles become available. Steve D



















Last edited by ultgar; 09-24-2015 at 05:07 PM.
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Old 09-25-2015, 11:21 AM
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Are you allowed to buy out at end of lease? if yes do you know the residual? thanks
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Old 09-28-2015, 05:09 PM
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I suspect you can buy it out....the car was acquired through Benzel Busch (Englewood NJ) and the lease is with Mercedes Benz Financial Group. I also spent $1400 on wheel and tire insurance which might be transferrable.

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Old 09-28-2015, 05:25 PM
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Thank you. If you get a moment this week call and ask them what the buyout amount would be. I would be really interested if it was reasonable.
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Old 09-29-2015, 12:52 PM
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buyout is $47,702 (plus sales tax if applicable in your state) + $150 Purchase Option Fee...





Most of the miles have been highway. The trip odometer settings since the first tank of gas after taking delivery show an average of 27.7mpg over 5079 miles and approx 100hrs of run time.



Last edited by ultgar; 10-01-2015 at 04:57 PM.
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