My2010M3

So my lease ends the first of July. My car has just 15,000 miles and is perfect condition. It's never seen snow and has been driven by only me. The residual on the car is 46,500 and I'm interested in buying it at lease end. I've looked on several web sites to see what sort of value the car has. All over the board, from 39 to 45,000. Will MBF negotiate price? Any tips on dealing with buying a car off lease? I've looked at new cars, but don't really see any that I feel are better than what I've got now without going up in $$$. I would like to keep the car a few more years and continue enjoying the beast.

jblaw

It's quite difficult, MBF will not negotiate with you, you need to find a dealer to facilitate the buy out.

realjones88

If the car is worth less than the residual then you came out ahead anyway. No other dealership is going to get the car for less than that....because that's the residual. You can buy the car out for the residual, but if you can get a different 2013 C63 for less with the same mileage it makes no sense to overpay for "yours."

Now at lease end you can also buy the car out from Mercedes. I doubt there will be any wiggle room because they can take the car back, CPO it, and make even more on it...especially given the low mileage.

jblaw

Well, I see the value in keeping your own car -- you know the history of abuse (or lack there of) and any problems. You should be able to negotiate with a dealer l, just be mindful that they have a buy out bottom price from MB as well, which may be lower or
Higher than your residual.

agentMurdoc

This. Absolutely you can negotiate your lease buy out, whether you're successful or not is a different story. Since your lease is nearing the end, you could call MB financial and see if you guys can work out a price that's suitable for both parties. If that fails, talk to your dealer since they could be buying it from MBF and see if you can get some wiggle from them.

Chris Khach

Hey My2010M3 pm me. Thanks

I am Jeff

Hey Chris Khach, you're reviving a thread that is almost a year old....