Lease Accident
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Junior Member
Joined: Aug 2009
Posts: 17
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e350 4matic
Lease Accident
I currently own a 2009 Mercedes Benz E350 4matic. The lease is up in May. I want to purchase a CPO e class in May when the lease is up. My current car
, was involved in 3 accidents. One was my fault I rear ended a parked car at the top of a hill that I could not see. The others were the car was parked in front of my job and some one smashed the whole entire side. Then the third the car was crashed in the front by the Autobody shop. The car never rode the same and little things like sensors and such are starting to go wrong with the car. My question is at the end of the lease do you think I will have a hard time returning the car? My other question is do you think they will waive all fees and let me return at the end of the lease with no problem if I purchase another Benz (CPO)?
, was involved in 3 accidents. One was my fault I rear ended a parked car at the top of a hill that I could not see. The others were the car was parked in front of my job and some one smashed the whole entire side. Then the third the car was crashed in the front by the Autobody shop. The car never rode the same and little things like sensors and such are starting to go wrong with the car. My question is at the end of the lease do you think I will have a hard time returning the car? My other question is do you think they will waive all fees and let me return at the end of the lease with no problem if I purchase another Benz (CPO)?
Member
Joined: Sep 2011
Posts: 135
Likes: 2
2009 E350 4Matic Sport sedan
Diminished value?
First, I must say I hope everything works out for you at the end of the day (lease?). With that said, you may be better off taking the buy out price and keeping the car for awhile.
Accident damage/properly repaired on luxury cars still results in some "diminished value"...the market place has spoken on this issue many times.
relinuca
Accident damage/properly repaired on luxury cars still results in some "diminished value"...the market place has spoken on this issue many times.
relinuca
MBWorld Fanatic!
Joined: Oct 2011
Posts: 1,084
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From: Athens, GA USA
2011 E63, 2011 Hyundai Genesis 4.6 v8, 2013 GMC Denali XL, 1965 Ford Mustang, 2005 Merc. E500
The insurance companies should have paid you a deminished value amount in addition to cost of damages.
