michael10128

I am thinking about buying it, i want to know if they are negotiating..03 - late production E500

Mugen711

from what I heard from people that leased with MB credit, they are willing to negotiate at the end.

HELL ONA HARLEY

I've never leased a car but I'm sure all creditors are willing to negotiate on the purchase.... and the best thing going for you is you know how your "pre owned" car was treated and its history.

LNL

When my '98 Audi A8 came off lease, the fair market value was way below the lease buyback amount (Audi had lowered the MSRP of the car by $10k or so mid-model run). Audi would not negotiate, as they had insurance that covered them for the difference between the lease buyback amount and what the car sold for at the Audi dealer auction. If Mercedes has that type of insurance in place, they will not negotiate as there is no reason for them to do so.

Lou

HELL ONA HARLEY

And lose out on the financing charges / interest????

Anyway.... sounds like good 'ol negotiations to me... Sorry about your expereince.

aceman

I hvae 2 friends getting out of BMW leases within the next couple months. Same story - buyback is above market value, and bmw won't negotiate as both have contacted them to see if they could keep the car.

Aceman

Lender1

They will. I just turned in my '03 E 320 that was financed on a three year walk away balloon. Basically the same as a lease but I owned the car.

They offered to sell it to me for $2,000 under what was owed on the balloon payment and finance the balance at 6.5 percent. I had the feeliing I could have negociated the purchase price lower if I wanted to keep the car.

slk55lvr

If they have any business sense at all they will definately negotiate a sale price for you. It's almost guaranteed your car will sell for less than the buyback, so why not sell it to a ready and willing customer? I'll bet you get it for at least 5k less.

sosh

For years MBCC would not negotiate. In recent years I have found they will but only at the very end of the lease, days before it ends. They tried this with my 02 ML500 and my 01 E320. Did not take them up on their offers but instead released new vehicles as I had intended to do.

kort677

With all due respect, you don't have any sort of a clue as to what you are talking about
over the past 20+ years I've leased many cars and only once did any of the companies I dealt with offer to negotiate and end of lease buyout price. That was Infiniti and the only reason they offered a deal was because they and I both knew that an orphaned model has little value. If they are going to make you an offer, like poster noted it will be made only a few days before lease termination, so if you want to wait them out it might be worth a shot.

klenbore

Yes, in my case they were very anxious to negotiate on price, and offered an attractive interest rate on a leased 2000 ML320. MBCC contacted me a number of times near the end of the lease each time with a better offer. I chose not to purchase the vehicle though because of all the problems I had with it.

lig

I've leased 7 cars - in 5 out of the 7 the lease companies were willing to negotiate. I've only purchased one - and that was to flip it because the price was so good and I knew the car would sell.

kort677

Both you, they and the public knew that was a bad model, hence little resale value

HELL ONA HARLEY

My point exactly.
So maybe I do know something after all... And as far as buying your own used car back....What could be better????

slk55lvr

This happens to be one of those times like the Infiniti dealer had. The new e350 is out, a couple of new diesel models are in the pipeline and the 4 yr old e320's are all coming off lease. they'll negotiate, and if they don't turn it in and buy it back for 6 grand less in a few months, or one with lower mileate/better options.

There are way too many e320's off-warranty for the market to absorb, particularly after all the reliability woes the past three years.

michael10128

Thanks for all your replies, they wouldnt take a nickel off my CLK 430 which is why i leased the E500 in the first place. I will wait and see, worst case i lease another one or re- lease this one at a lower payment

I am trying to get out of leasing cars, id rather own them outright.