Getting out of lease early
01-05-2022, 04:50 PM
#1
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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.
Just wondering what kind of fees I'd be paying.
01-05-2022, 05:02 PM
#2
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PFL205.064 with M276.823 (Oil pump solenoid defeated)
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.
02-03-2023, 11:12 AM
#3
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.
02-03-2023, 11:23 AM
#4
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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
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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CincyMBGuy (02-03-2023)
02-03-2023, 11:40 AM
#5
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'16 C450, '21 Dad Wagon Pilot, '22 Wrangler 4xe
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.
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.
02-06-2023, 10:10 AM
#6
Super Member
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.
