W213 lease end dilemma
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Member
Joined: Sep 2017
Posts: 126
Likes: 11
From: CT/FL
19 RR SVR, 19 E63S, 18 911 Turbo S
W213 lease end dilemma
Looking for some feedback here.
My 19 E63 is due back on lease return end of November. I only winded up putting 22k miles on the car with a 45k allowance. Got rear ended pretty early on so the carfax also has an accident report on it.
The payoff is around $70k and KBB is putting it around $81k at low end trade value not including the accident.
Normally I would trade it in for something new/different but obviously these aren't normal times. With the letter going out about the halted production of new AMG V8s, I am considering buying it out even with the accident blemish just due to the fact theres not a-lot of new inventory out there and I am not trying to replace it with anything less-than.
I am also trying to get in touch with MBFS to see if they extend leases, but hold times there are crazy!
Any opinions on what to do, or does anyone know if MBFS does lease extensions?
My 19 E63 is due back on lease return end of November. I only winded up putting 22k miles on the car with a 45k allowance. Got rear ended pretty early on so the carfax also has an accident report on it.
The payoff is around $70k and KBB is putting it around $81k at low end trade value not including the accident.
Normally I would trade it in for something new/different but obviously these aren't normal times. With the letter going out about the halted production of new AMG V8s, I am considering buying it out even with the accident blemish just due to the fact theres not a-lot of new inventory out there and I am not trying to replace it with anything less-than.
I am also trying to get in touch with MBFS to see if they extend leases, but hold times there are crazy!
Any opinions on what to do, or does anyone know if MBFS does lease extensions?
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Joined: Feb 2010
Posts: 1,204
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From: North CA
2021 E63S and 2025 GT63
MBWorld Fanatic!
Joined: Feb 2007
Posts: 2,550
Likes: 745
From: Cary, NC
2024 AMG EQE SUV , 2021 E63S Wagon - gone, 2018 E63S Sedan - gone
Looking for some feedback here.
My 19 E63 is due back on lease return end of November. I only winded up putting 22k miles on the car with a 45k allowance. Got rear ended pretty early on so the carfax also has an accident report on it.
The payoff is around $70k and KBB is putting it around $81k at low end trade value not including the accident.
Normally I would trade it in for something new/different but obviously these aren't normal times. With the letter going out about the halted production of new AMG V8s, I am considering buying it out even with the accident blemish just due to the fact theres not a-lot of new inventory out there and I am not trying to replace it with anything less-than.
I am also trying to get in touch with MBFS to see if they extend leases, but hold times there are crazy!
Any opinions on what to do, or does anyone know if MBFS does lease extensions?
My 19 E63 is due back on lease return end of November. I only winded up putting 22k miles on the car with a 45k allowance. Got rear ended pretty early on so the carfax also has an accident report on it.
The payoff is around $70k and KBB is putting it around $81k at low end trade value not including the accident.
Normally I would trade it in for something new/different but obviously these aren't normal times. With the letter going out about the halted production of new AMG V8s, I am considering buying it out even with the accident blemish just due to the fact theres not a-lot of new inventory out there and I am not trying to replace it with anything less-than.
I am also trying to get in touch with MBFS to see if they extend leases, but hold times there are crazy!
Any opinions on what to do, or does anyone know if MBFS does lease extensions?
Member
Joined: Apr 2018
Posts: 139
Likes: 51
2018 E63S AMG Wagon, 2020 Audi R8 Performance
One just sold on carsandbids today for 91,500 with 33k on it I believe. Even with the small accident on the record I don’t think you can go wrong buying it out! I did just that back in February before the ‘22s got axed and the dealer showed me what they would pay me then and there for it if I traded it in, and it was 8k more than I was buying it for. Could have made 8k in 5 minutes but I love the car so politely said no thanks and took the beast back home.
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Joined: Jun 2010
Posts: 822
Likes: 160
2018 E63S Wagon
And that was for a 2019 with 33k miles, almost no options, curb rash, door dings, a cracked windshield, OEM tires replaced with Kumhos when they wore out, a repaired and repainted bumper from an accident in their driveway, etc. Unless yours is THE most ragged out and neglected E63 with the Cars and Bids one being second, you'll break even at the very worst.
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Super Member
Joined: Jul 2015
Posts: 698
Likes: 80
From: Philly and NYC
2019 E63S & 2022 X7 M50
The market is crazy indeed. I would buy it out, the rear end is but a small blemish, if anything check your rear diff and air compressor and sensors. As long as it wasnt a front end accident car is still good.
I really lucked out and purchased a $137K optioned, with 7500 miles, 2019 E63s for $87.5K back in December. Since then, I've put on 6K miles. I can't even imagine selling this even if someone offered me full msrp price right now, last I checked, there were 1 nationwide with my options, and that was going for over $110K with 20k miles
I really lucked out and purchased a $137K optioned, with 7500 miles, 2019 E63s for $87.5K back in December. Since then, I've put on 6K miles. I can't even imagine selling this even if someone offered me full msrp price right now, last I checked, there were 1 nationwide with my options, and that was going for over $110K with 20k miles
