Mercedes Lease question
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Newbie
Joined: Jun 2021
Posts: 11
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From: Miami
GLE350
Mercedes Lease question
Team,
So this is my first lease (2021 GLE350). I am curious about how this process works at the end of my 48 months. Will I receive a letter or email from Mercedes financial letting me know that I can buy my lease out, return the car, or extend it? If I have excellent payment history with Mercedes will they still run my credit again if I choose to purchase it at end or lease a new Mercedes. What if my credit score sinks but all my lease payments are current. I have been reading alot on redditt but I have been unable to get a clear answer to my questions. I would like to hear from everyone who consistently lease cars directly with Mercedes financial. Please note I love my Benz will probably upgrade if I like the refresh though.
So this is my first lease (2021 GLE350). I am curious about how this process works at the end of my 48 months. Will I receive a letter or email from Mercedes financial letting me know that I can buy my lease out, return the car, or extend it? If I have excellent payment history with Mercedes will they still run my credit again if I choose to purchase it at end or lease a new Mercedes. What if my credit score sinks but all my lease payments are current. I have been reading alot on redditt but I have been unable to get a clear answer to my questions. I would like to hear from everyone who consistently lease cars directly with Mercedes financial. Please note I love my Benz will probably upgrade if I like the refresh though.
Administrator Emeritus
Joined: Feb 2011
Posts: 4,408
Likes: 473
Hi and welcome!
Please take a look at the Automotive Leasing and Financing Forum. It might help.
https://mbworld.org/forums/automotive-leasing-financing-73/
Bob
Please take a look at the Automotive Leasing and Financing Forum. It might help.
https://mbworld.org/forums/automotive-leasing-financing-73/
Bob
