We have GLE 350 lease expiring in couple of days, $575 per month. Paid MSD $7500. Low miles due to pandemic.
We have an end of the lease buy out option of 35k.
We are thinking of buying it and then reselling in few months for a higher prices. Based on our limited research, we think it will go for 45k or more. Any thoughts?
Will we have to pay any additional taxes or other fees when buying?
Note: We don’t want to enter into another lease as we may be moving across the country in summer. So, either we return it and make do with 2nd car for few months or buy it, make some profit when we are ready to sell.
Thanks and happy new year!!