MBFS 3 month Pull Ahead

Ask the Hackrs
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1

I am thinking about 3 month pull ahead on a new MB.
My current car has $5K MSDs applied to it.

Obviously, I would like my full MSDs back. On lease buyouts MBFS the MSDs are included in the price.

Can anyone comment on the following scenarios:

  1. If dealer buys out the car for it’s lot, since the MSDs are included, does the dealer give me a check for the MSDs?
  2. If returned to MBFS then obviously the MSDs are refunded back via check from MBFS.

How do I know what the dealer is going to do? I can envision a scenario where the dealer says we’re returning the lease to MBFS but instead buys it out and keeps the $5K MSDs.

At what point in the return process is it determined how the car will be disposed? If the dealer keeps car then I may worry less about fixing borderline cosmetic issues and tires, but if returned to MBFS then I may fix and replace items so I won’t be charged.

Hopefully, this makes sense. Look forward to replies!

2

If you sell the car, any check you get from the dealer is it. There’s no such thing as an equity check from the dealer plus an MSD check from the dealer.

Do whatever is most advantageous to you. You’ll never be privy to what happens between MBFS and the dealer.

3

it’s a mercedes so definitely $6k negative equity. i imagine the car is so underwater the dealer would probably not buy out but if the dealer did i was wondering if the msds check would be from the dealer.

basically, i don’t want to succumb to dealer shenanigans regarding what i’m due.

4

If the dealer buys it out, the transaction is over. There will be no check for msds coming in the mail or from the dealer. You’re not due anything because the dealer purchased it for the agreed value based on your dealer buy out amount, which should include the msds amount.

5

so, the dealer buyout should be personal buyout + msds.

for example (msds were $5K)

personal buyout is $37,…(RV + taxes)

dealer buyout is ($37,… - taxes) + $5,000

6

You would want to verify with mbfs, but I would expect the dealer buy out to be whatever the normal buy out would be minus msds.

7

I’m in the same situation. I went to a MB dealer (shitty) for get a trade-in price and they offered trade-in price same as my personal payoff (I have $6k MSDs). When I mentioned that they were pulling my personal payoff and not the dealer payoff, they said that they didn’t want to pay more since it’s leased car. Needless to say that I left. If you get a dealer payoff quote from MBFS, that’ll include your MSDs in the payoff and you’ll get the MSDs returned by MBFS. If the dealer (MB) is pulling your personal payoff which they can, you won’t get your MSDs back from MBFS unless dealer is giving that to you. Note that since I’m in CA and sales tax is not included any of the payoff amounts for my case.

8

Also, I asked MBFS about 3 months pull ahead and getting full refund for the MSDs if I use the pull ahead program. Their customer service is clueless and asked me to talk to a dealer.

9

Before I would sign any deal on the new car, I would just make sure to get it in writing that one of the following two scenarios will happen regarding the old lease:

  1. The dealer will ground the lease and turn the car in as part of the 3 month pull ahead program and MBFS will send a check for the MSD’s

  2. If the dealer decides to buy out the car, the higher 3rd Party/Dealer payoff will be used of $XXX (get this figure) and MBFS will send a check for the MSD’s

10

exactly, i think reps are clueless.
i don’t want to get hoodwinked by dealers using a payoff where they take my msds.

i guess i’ll return it at lease end and make sure it’s not somehow bought out by dealership.

11

Stop overthinking it. You have a contract with MBFS. Ground the car, get your MSD back, net of any overages, end of story.

Don’t worry about what happens afterwards. Maybe the dealer buy it from MBFS, maybe they don’t. None of your business.

1 Like
12

ok. the original intent of question was if one were to use a pull ahead option and if the msds were going to rightfully get back to me.

the finance office to a non professional can be a jungle with no one on your side.

just getting hackrs on my team with their wisdom.

13

Perhaps @Calvin.MB can confirm this.

14

I suspect the easiest thing to do is to look at your contract on the new lease to see if they’ve listed a trade balance or not. A pull ahead should not have any trade information shown. If they’re buying out your lease rather than executing a pull ahead, I’d expect to see trade information on the new contract.

15

Sometimes the payoff will include the MSDs. So make sure you ask the MBFS rep what the payoff is without the MSDs.

If they ground the vehicle and after they do the inspection, they do return the MSDs via check.

1 Like
16

you said “if” they ground. can they purchase without original leasee knowing and somehow payoff using your msds therefore the leasee not getting msds back?

can this happen? sorry im paranoid.

17

I’m pretty sure this won’t happen because in order to sell the vehicle for payoff, there is generally paperwork involved to order to buy it from the customer. Once it is grounded, it is MBFS xar

1 Like
18

appreciate your expertise!

19

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