Automotive Leasing & Financing Discuss the leasing and financing of your Mercedes-Benz.

Getting out of lease early

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Old Jan 5, 2022 | 04:50 PM
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Dasweb's Avatar
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CLW215
Getting out of lease early

Has anyone does this? I have a 2020 c63s coupe, trying to get into a four door since we had a child. I've got about a year left on the lease.

Just wondering what kind of fees I'd be paying.
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Old Jan 5, 2022 | 05:02 PM
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With today's special market you might even come ahead if you give it back to the dealership, even so they might buy it from you for what you paid for. Your V8 is another advantage too because there is a slight pause in production for MY22 V8 MBs due to various issues making your vehicle that much more valuable. They are especially interested if you were to lease another MB but even if you don't they would offer you a good value. Shop around dealerships though and see who gives you the best offer.
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Old Feb 3, 2023 | 11:12 AM
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2021 GLC300
Originally Posted by W205C43PFL
With today's special market you might even come ahead if you give it back to the dealership, even so they might buy it from you for what you paid for. Your V8 is another advantage too because there is a slight pause in production for MY22 V8 MBs due to various issues making your vehicle that much more valuable. They are especially interested if you were to lease another MB but even if you don't they would offer you a good value. Shop around dealerships though and see who gives you the best offer.
I'm in a situation where I would like to get out of my lease ('21 glc300) early. My lifestyle has changed a bit and a truck for hauling and towing would come in handy for me. How would you come out ahead by turning as lease back in, assuming there would be some equity in it for the dealer? I know the dealer could probably sell it and make a good profit, but how would turning it in make you come out ahead? I'm not trying to be snarky. I'm genuinely interested.
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Old Feb 3, 2023 | 11:23 AM
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2015 CLS 550 2015 ML 400 Previous 2020 GLB 250 2019 A 220 2005 ML 350 1989 300 E 2001 SL 500
Originally Posted by CaptainMal
I'm in a situation where I would like to get out of my lease ('21 glc300) early. My lifestyle has changed a bit and a truck for hauling and towing would come in handy for me. How would you come out ahead by turning as lease back in, assuming there would be some equity in it for the dealer? I know the dealer could probably sell it and make a good profit, but how would turning it in make you come out ahead? I'm not trying to be snarky. I'm genuinely interested.
GLC values have dropped recently. Your best bet would be to get the car appraised by your local dealer and go from there.
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Old Feb 3, 2023 | 11:40 AM
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'16 C450, '21 Dad Wagon Pilot, '22 Wrangler 4xe
Originally Posted by CaptainMal
I'm in a situation where I would like to get out of my lease ('21 glc300) early. My lifestyle has changed a bit and a truck for hauling and towing would come in handy for me. How would you come out ahead by turning as lease back in, assuming there would be some equity in it for the dealer? I know the dealer could probably sell it and make a good profit, but how would turning it in make you come out ahead? I'm not trying to be snarky. I'm genuinely interested.
If the residual value set by MBF is lower than the appraised value of a car then you'll be ahead. The only way the dealership can get the car to resell it would be to purchase it from MBF and end the contract with the lessee.

With that being said, a GLC 300 is unlikely to be in the positive. OP's C 63 is a limited production model with a much higher demand.
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Old Feb 6, 2023 | 10:10 AM
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2023 EQB300
Just ordered EQB300 to replace my GLE350 with lease coming up in October. Would hopefully receive the EQB before that. Dealer said that as of order date, my GLE350 is $7000 positive and used car mgr estimated that when the EQB arrives, I could very likely still be positive. Of course, hard to speculate a number of months down the road.
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