While you lease.....
03-28-2011, 05:42 PM
#26
Out Of Control!!
Join Date: Jun 2008
Location: Earth
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Porsche Macan S SportDesign / Ex M-B's: 11 & 10 & 06 E350's, 02 S500
Has anyone ever done the whole "give it back to the Dealer then buy it immediately from them", if they ever bought their car after the Lease, but didn't want to pay the residual (which is usually a rip-off)?
03-28-2011, 05:47 PM
#27
MBWorld Fanatic!
Join Date: Nov 2001
Location: Philadelphia area
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2010 ML550, 2010 E350 4M, 1966 Corvette Convt C2
The dealer is NOT assuming any more risk with leasing vs. selling the vehicle to you. When they lease it, the leasing company is buying it from the dealer - if it is MB Financial, they assume the risk on the terms of the lease, not the dealer. In either scenario, the dealer sells the vehicle and is out of the deal. That is why you can turn the vehicle back in, at any dealer, at the end of the lease. The dealer you got it from generally prefers to get it back, so they can have first crack at opting to keep it (i.e. the really low mileage, primo condition vehicle with an attractive residual). If not the case, they just move it and get paid to do so by the leasing company (owner of the vehicle).
03-28-2011, 06:52 PM
#28
Senior Member
Join Date: Mar 2003
Location: Los Angeles
Posts: 481
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2014 E550, 2015 E63S, 2017 G63 - RIP
I am on my 6th Mercedes, always dropped the car off at the end of the lease and got a new one immediately. Not once did I have an issue with MBZ Financial Services or had to pay $.01 extra. I do take reasonably good care of my cars and try to keep them clean (monthly car washes); from my perspective there is nothing to be concerned about.
Last 4 cars I got from and returned to Downtown LA motors...
Last 4 cars I got from and returned to Downtown LA motors...
