Lease Options
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Junior Member
Joined: Sep 2012
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2013 MB GLK350
Lease Options
Hi All. Just curious if anyone has dealt with this before and can point me in a good direction. I leased my car on Sept 1 of 2012 and I like the car a lot. I ended up moving and don't really use the car much at all anymore and it basically just sits in the garage for 3 weeks at a time. I called MBFS and see what options I had to get out from the lease and they told me I am only able to basically sell it to a dealer. I was hoping to be able to sell directly to a third party but this doesn't seem like an option. Has anyone experienced getting out of a lease early and if there is any work around? Thanks for any help.
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Joined: Jun 2013
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2010 911 Turbo Cabriolet, 2014 Mazda3
Hi All. Just curious if anyone has dealt with this before and can point me in a good direction. I leased my car on Sept 1 of 2012 and I like the car a lot. I ended up moving and don't really use the car much at all anymore and it basically just sits in the garage for 3 weeks at a time. I called MBFS and see what options I had to get out from the lease and they told me I am only able to basically sell it to a dealer. I was hoping to be able to sell directly to a third party but this doesn't seem like an option. Has anyone experienced getting out of a lease early and if there is any work around? Thanks for any help.
In most states you'd also be looking at paying sales tax on the purchase and income tax on the sale. So depending on how much your dealer is willing to pay for it, going that route might be a better option as you'd most likely be taking a hit either way.
I sold a leased car back to the dealer previously when I was 6 months into its supposedly 36-mo term because I was given a company vehicle then. Good thing it was not a luxury vehicle and I only had to cut a $3K check to the dealer.....
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2010 911 Turbo Cabriolet, 2014 Mazda3
Senior Member
Joined: Aug 2009
Posts: 361
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From: Maryland
2014 GLK250 BlueTEC, 2012 BMW 335is Conv.
You can trade it in at any dealership, it doesn't need to be a Mercedes-Benz dealership. Dealerships--especially luxury dealerships--do these transactions all the time.
You can also sell it privately, but like glayfan said, the logistics are more complicated, especially if you don't have the cash yourself to pay it off first. Trading it in is by far easier but of course the trade value is less.
You can also sell it privately, but like glayfan said, the logistics are more complicated, especially if you don't have the cash yourself to pay it off first. Trading it in is by far easier but of course the trade value is less.
Senior Member
Joined: Sep 2012
Posts: 265
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From: New York
2015 GLA250 4MATIC
You need to check if MB lets you transfer a lease. The person taking over the lease will have to go through the same approval process from MB as you did. Sometimes manufacturers will let you transfer a lease, but you are still responsible if the new lessee ends up not paying. I researched this a while back, ended up returning the lease 6 months early to the dealer and eating 6 months of payments. The hassle of the transfer was too much for me.
