I’ve a Mercedes A220 and I’m just 2 years into the lease term. Dealer reached out today to upgrade or sell since there are some good “deals” for the year-end and there’s demand for pre owned cars now.
I have 12 remaining payments ($385 each). Is this common ? What’s my best step forward ? Ignore and continue paying the lease and walk away ? Honestly, I was caught off guard since I hadn’t even thought it since I have another 12 months to go.
Buy-out amt at the end of lease term - $23k
Remaining lease payments - $4,620 (385*12 months)
Car history - One accident
Carmax gave a $27k quote online.
Apologies in advance if any of this doesn’t make sense.