IluvS500

Hi guys,

Tonight I finally pulled the trigger on a gorgeous 2019 E450 sedan here in Texas. I got a great deal, however driving home..I realized after years of wanting one of these cars..I am not excited at all. So the paperwork was signed..yet not sent off yet as I need to take my Jeep to Texas Direct Auto since they offered more for my Jeep than the MB dealer. Once MB has proof of payoff then all will be done.

My question is..do you think the dealer will rip up my contract and let me out of this lease if I come back with the car first thing Wednesday morning? I do not want to get rid of my Jeep and one of the contingencies by MB Financial was that I provide that for the funding to go through. Obviously I should have thought this all through a bit more..so I don't need anyone to grill me on that. I will live with the decision if I have to..but is there any hope the dealer will be kind enough to let me drop the car off..shred the papers and let me go?

2012 merc amg

Probably not, the 3 day right to cancel law does not apply to Cars in Texas. If you were trading it in for another car on the lot they may work with you, other than that I doubt they will take it back, or at least take it back and give you back what you paid for the car. I'm surprised you don't like the car, the 19's I think they did a really good job with them and most people think it's the best car they've ever owned.

IluvS500

joshg1001

If you already drove it off the lot and in procession of the car, I think they will make it very difficult for you. The car is technically "used" now and they are unlikely able to sell it to another person as a new vehicle. If the paperwork was signed but not processed, im surprised they let you drive it off the lot.

nycebo

Maybe if you offer to trade it for a Mercedes SUV on their lot? And it might be a better fit relative to your current vehicle?

IluvS500

sam9187

I really hope they do. Please keep us updated as to what they say.

IluvS500

JTK44

I suggest a Plan B:

Before you go to the dealer, have a figure in mind that you are willing to spend to get out of the deal/lease. If you have only Plan A - returning the car, (remember that it was bought in calendar year 2018 which is one reason you got a great deal - end of year quotas for the dealer and extra hold back and incentive money for them) you leave little room for negotiation.

So when the dealer will not take back your car (imo that is not going to happen - but I could be wrong) you might ask, OK "what will it take" to cancel the deal - then you can start the negotiations.

IluvS500

Thank you for the dose of optimism. Fingers crossed tomorrow that when I show up it will be somewhat cut and dry since no paperwork has been sent out to the MBFS nor the state for titling the car yet.

I feel terrible..they and my friends who work for MBUSA helped me out major. They seem like honest reasonable people, and the dealer has a great reputation which is why I went there in the first place.

rustybear3

Isn't it amazing and of course ironic that these feelings happen after you pull the trigger on something? Thank goodness it has extremely low mileage. I've seen plenty of cars here in Ohio with 7 or 8 miles on them sold as new. Heck, I defy anyone to tell me they've received their "ordered" new car without any miles on them.

A lot depends on your relationship with your dealer. If yoiu've bought from them before, there's a good chance they will try to accomodate a good customer.

I agree, I never lease. I only buy what I can afford; and feel 100% better knowing that it's mine free and clear. Plus I like holding onto my cars more than 4 years.

The_Judge

With only 16 miles on the clock, I think you have a pretty good chance of returning it. In my experience it's not uncommon for new cars to have been driven 100 miles or more as customers and mechanics test drive them. I also think that your chances would be enhanced if you were to buy a different car from the same dealer. But it may come down to the legal requirements — if the car is now legally "used," you're probably SOL and will have to absorb a loss if you want the dealer to take it back. As they say, it's not personal, it's just business. .

Cao Black

I tend to agree. I have test driven cars more than 16 miles and not bought the same car I test drove. Plus the Jeep payment is still on the books. Please let us know.

IluvS500

mobster600

IluvS500

kingscorpian27

2012 merc amg

cetialpha5

I'm not sure why a lot of people think that there's a 3 day right of rescission, that' only applies in a very limited number of cases regarding certain finances and doesn't normally apply to cars sold at the dealership. I believe in most states, once you sign the paperwork, it's a done deal. No legal right to back out. It's up to the seller to let you back out or not. Legally, they don't have to.

superangrypenguin

I have never leased a car in my life, but after you drive it off the lot, doesn't ownership change hands/e.g. title changes? Isn't that what kills the resell value because the dealer can no longer sell it as a new car?

Please be nice. I know how to spell "lease" that's about it. I've always financed cars.

PaulE550

Highly unlikely you can just take the car bsck, get whatever money you've already spent on the lease returned and walk out the door with no loss. The car is now used. It was done with a end of year deal, which is now over. So the dealership would probably take a loss. The sales rep expects a commission for the deal, etc., etc. Whether you drove it 1 mile or 8 miles off the lot, the car can no longer be sold as new by the dealership. The dealership had to register the car with the state DMV, so you could take possession of the car and get temporary registration tags. Now if you were talking about returning the car to get a higher priced model from them, which you are not, then they might be more receptive. If you were a repeat customer with the dealership, with a history of getting a few cars through them, then that might help as well. However, that doesn't seem to be the case from your post. In either case, you would still take some sort of financial hit though.

IluvS500

Thanks everyone. I am well aware as stated in my original post that odds are against me. The deal was not a special end of the year deal. I am going to the dealer shortly to see if I can sort this out. I have worked in a dealership before..and I do know as long as the paperwork has not been sent off yet (and i know for a fact it hasn't) then it a lot easier (but not guaranteed I KNOW). That said..I am fully aware that they technically have no obligation to help me out at all unless they want to out of good will and future relations. I'll post the end result in the next few hours.

nycebo

Anyway, good luck to the OP. It seems he is now well aware of the likelihood of a return. While I agree it's a long shot, fingers crossed for him anyway. We've all done things we later regretted.

And OP, please keep us posted on the outcome.

Almashayekhi1

It's called cognitive dissonance!
Had the same feeling after buying a 2017 c class and I had to live with the that feeling for around a year.

Took a 10k hit on that a year after and walked out happy.
For me the reason was that I really wanted the e class not the c.

The point is, if you really can't stand it, take the loss and learn. It's not really worth it to live with that feeling.

Now I ordered an e class, hopefully I will not feel the same again

IluvS500