Lease end question.
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Member
Joined: Dec 2006
Posts: 108
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From: MPLS
2016 E350
Lease end question.
Posting this in the general forum because there aren't a lot of views in the leasing section.
Does MB negotiate the lease end value of their leases when you are about to turn the car in?
I've leased 4 cars, none through MB and 2 of the banks were interested in negotiating with me to keep the car at the end, the rest were not.
I'm planning on leasing one soon and was curious if any of you have experience with MB on this. The MB residuals on the sedans are very high for 2 years - 72% w/10k. This translates into $42k at the end - if the car is worth $37k at the end will MB sell it to me for that amount rather than CPO it or auction?
Thanks.
Does MB negotiate the lease end value of their leases when you are about to turn the car in?
I've leased 4 cars, none through MB and 2 of the banks were interested in negotiating with me to keep the car at the end, the rest were not.
I'm planning on leasing one soon and was curious if any of you have experience with MB on this. The MB residuals on the sedans are very high for 2 years - 72% w/10k. This translates into $42k at the end - if the car is worth $37k at the end will MB sell it to me for that amount rather than CPO it or auction?
Thanks.
MBWorld Fanatic!
Joined: Nov 2001
Posts: 4,260
Likes: 6
From: Philadelphia area
2010 ML550, 2010 E350 4M, 1966 Corvette Convt C2
Posting this in the general forum because there aren't a lot of views in the leasing section.
Does MB negotiate the lease end value of their leases when you are about to turn the car in?
I've leased 4 cars, none through MB and 2 of the banks were interested in negotiating with me to keep the car at the end, the rest were not.
I'm planning on leasing one soon and was curious if any of you have experience with MB on this. The MB residuals on the sedans are very high for 2 years - 72% w/10k. This translates into $42k at the end - if the car is worth $37k at the end will MB sell it to me for that amount rather than CPO it or auction?
Thanks.
Does MB negotiate the lease end value of their leases when you are about to turn the car in?
I've leased 4 cars, none through MB and 2 of the banks were interested in negotiating with me to keep the car at the end, the rest were not.
I'm planning on leasing one soon and was curious if any of you have experience with MB on this. The MB residuals on the sedans are very high for 2 years - 72% w/10k. This translates into $42k at the end - if the car is worth $37k at the end will MB sell it to me for that amount rather than CPO it or auction?
Thanks.
