Context - Trying to take advantage of this market to get out of my lease without having to pay the “Vehicle Turn In” fee or any other silly fees. Not trying to make a profit or anything. I won’t need a car for the near foreseeable future so don’t want another lease or to purchase it either.
I have a couple months left on my lease, Carmax, Carvanna etc are all offering me enough for lease pay off, but Mercedes does not allow sale to these companies. If I buy it (pay taxes) and then sell it to say Carmax, I end up losing anyways.
Went to MB dealer to get vehicle “appraised” by them and they had the audacity to offer me a Payoff that would put me at negative ~$7000 when I only have two more payments left (~$900). I walked away furious at their stupidity and for wasting my time.
What other options other then MB dealers are there?
99% sure that c-classes don’t have any equity. also unsure that mb doesn’t charge dispo if a car is bought out - they used to not. audi and bmw do charge.
Ehh, not entirely true. I’ve got about $3-4k equity in mine based on the multiple offers I’ve received. But their (MBFS) bullshit ETF is holding me back. Hopefully market doesn’t take a dive in the next 2 months when the etf falls off.
Yes. I have offers from MB dealerships. My new vehicle is also 2-3 months out from getting here, so that’s an extra wrinkle in my plan. I guess It also helps that I got the c300 for about 25 percent off Msrp back in may 2020.