EQS EQS (V297) sedan

Negotiating buyout at the end of the lease

Old Oct 22, 2024 | 10:33 PM
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Negotiating buyout at the end of the lease

My lease for the 23 EQS is up in April. I love the car.
My lease buyout for the vehicle is $70K which is not what it's worth with 20k miles.

I'm interested in buying at the market price which is high 40k range.

Is there any way to negotiate MB with the lease end?

If they don't budge I'd rather lease another one or buy a CPO S-class for 70K I would go with a regular W223 23 S500 with very low miles. (at least this will have some value later on)
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Old Oct 23, 2024 | 02:03 AM
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This article may answer some of your questions. Although it was written during the chip shortage, so some of it no longer applies. You first have to read the contract language in your lease agreement. It will either have a negotiation option or not. If the contract doesn't explicitly rule out negotiation, then use some of the tips in the article. It's gonna take legwork.

https://www.caranddriver.com/auto-lo...-lease-buyout/
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Old Oct 23, 2024 | 07:40 AM
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From what I have seen in past posting the answer has been no but it doesn't hurt to ask. Where are you seeing high $40's as the market price for your car? That sounds low even in this market which if true they are likely to reject.
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Old Oct 23, 2024 | 08:58 AM
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Not even worth the conversation. Not unless you are turning the car back into the lean holder, I can not imagine you are.
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Old Dec 18, 2024 | 03:01 PM
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Why won’t MB negotiate?

Our EQS SUV lease is terminating on January 31. My wife loves the car annd there anre very few new models available. I am wondering why we can’t just enter into a new lease because she would be very happy keeping her car. What does Mercedes do with all of these cars when they come off of lease? It doesn’t make sense that they won’t negotiate with the current drivers of the vehicles either for a fair market value purchase or entry into a new lease.

Last edited by RDSChicago; Dec 18, 2024 at 03:02 PM.
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Old Dec 20, 2024 | 06:13 PM
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Originally Posted by RDSChicago
Our EQS SUV lease is terminating on January 31. My wife loves the car annd there anre very few new models available. I am wondering why we can’t just enter into a new lease because she would be very happy keeping her car. What does Mercedes do with all of these cars when they come off of lease? It doesn’t make sense that they won’t negotiate with the current drivers of the vehicles either for a fair market value purchase or entry into a new lease.
You can just pay the residual amount for the car, finance the car from MBFS, or see if the dealer will get the car from MBFS and then sell it back to you.
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Old Dec 20, 2024 | 06:42 PM
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Originally Posted by HBerman
You can just pay the residual amount for the car, finance the car from MBFS, or see if the dealer will get the car from MBFS and then sell it back to you.
I’m planning on option 3 if it’s possible. May even try for CPO, it never hurts to try and I suspect that they’d love to offload the car with projected EV prices out when my lease times out.
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Old Apr 3, 2025 | 05:49 PM
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So I ended up returning my original EQS lease early for a new EQS. They had amazing deal on the new EQS my MSRP went up by 10K (117K MSRP vs 107K MSRP) but my payment dropped from $1000 to $600 OTD.

The dealer confirmed that if I were to buy my car out at the end of the lease they would have to CPO the car (new tires and 1 additional year of warranty) and I can buy the car for market price but it may be $1-$2K over comparable EQS but definitely lower than set residual.

I'm planning to buy this one out unless the lease is $600 for 120k msrp car.
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Old Apr 3, 2025 | 06:05 PM
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buy car after returning it at end of lease

Originally Posted by fantasy521
So I ended up returning my original EQS lease early for a new EQS. They had amazing deal on the new EQS my MSRP went up by 10K (117K MSRP vs 107K MSRP) but my payment dropped from $1000 to $600 OTD.

The dealer confirmed that if I were to buy my car out at the end of the lease they would have to CPO the car (new tires and 1 additional year of warranty) and I can buy the car for market price but it may be $1-$2K over comparable EQS but definitely lower than set residual.

I'm planning to buy this one out unless the lease is $600 for 120k msrp car.
If MB is not willing to negotiate a new buyout price - has any one returned the car at the end of the lease and then bought it back from the dealer that ended up with the car? Should be easy to trtace the car using the VIN number. Thoughts?
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Old Apr 3, 2025 | 06:08 PM
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Originally Posted by perlfather
If MB is not willing to negotiate a new buyout price - has any one returned the car at the end of the lease and then bought it back from the dealer that ended up with the car? Should be easy to trtace the car using the VIN number. Thoughts?
MB will not negotiate. But what the dealer is doing is they are buying the car from MB at auction price CPO the car put 1-2K profit on the car and sell it to you for market price (closer to).
I did find my lease return previous EQS for $40K though lol. There multiple methods to it I guess.
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