Selling leased C43?
#1
Junior Member
Thread Starter
Selling leased C43?
Hi All. My lease is coming to an end in 3 months (sad to say) and I'm thinking that I want to get into something else. I have a E450 on order but I'm honestly not super excited about it. So, I was looking around and found a vehicle I'm interested in. Here's the rub, they're telling me that MB isn't allowing non-Mercedes dealers to buy out leased Mercedes cars. Has anyone else run across this? I have enough equity in it to buy it outright and turn around and sell it even though I'd have to deal with sales tax taking a bite out of my profits. I guess I'm just wondering if what that other dealer is saying is true or not. If so, then I might just wait until lease and end and bite the bullet and buy it and then turn around and sell it to the dealership (unless I find someone on here that wants to buy it but I haven't posted it yet). Thoughts?
Thanks in advance.
Thanks in advance.
#2
I have never heard of that before. The terms of the buy back are set when you sign the lease, and the lessee typically can decide whether or not to buy out the car. So unless there was a clause in your contract when you signed you should have discretion over where the car goes next.
#3
When I was looking to buy my car, my original option was a fully optioned white sedan. I contacted the dealer that was going to buy the car for me about it. However, he could not sell us the car as Mercedes is not allowing non mb dealers to buy as you mentioned.
#4
Junior Member
Thread Starter
I have never heard of that before. The terms of the buy back are set when you sign the lease, and the lessee typically can decide whether or not to buy out the car. So unless there was a clause in your contract when you signed you should have discretion over where the car goes next.
#5
That's not the exact situation. Yes, "I" have the option to buy out the car but trading it into a non-Mercedes dealership isn't "me" buying the car but the other dealership purchasing the car from Mercedes instead of me. I can always purchase it and sell but but then I have to pay the sales tax which takes about $3k out of the profit for me. I have enough equity to do this but I'm not super excited about losing $3k because Mercedes won't sell the car to a different dealership.