Do you have AMEX in your deal? If so, $9500 AMEX + $7500 ev rebates are included in your discount in the quote provided, which is pretty crappy, meaning dealer1 for ex., is discounting the car $10k. Aim for higher, out of dealer pocket discount.
what card is this? I always thought that those checks counted as cash advances and had fees which were higher than any merchant CC fee. A quick google seems to confirm this.
I haven’t been charged cash advance on it. I did tell Chase about it before getting the card. Was told I’ll be charged only if I don’t make payments other than that it is interest free.
Hmm then MSDs are not any different than putting money down on a Mercedes lease, that’s a bummer. So they keep the MSDs despite the GAP coverage paying them for the delta between payoff and market value? If this person was paying $2k/month clearly it wasn’t a good deal, my cap cost should start in low $70k range and I can buy cheap GAP through my auto insurance if Mercedes doesn’t include it. Not sure if they would still keep the MSDs if there isn’t a delta between payoff and market value plus if i have GAP insurance…
Just starting out here, trying to read up! Live in Tampa but I have no problem picking the car up and driving back if the deal is that good. Looking for a EQS but I need 3 rows. Ideal lease would be. 36 or 39 mo, 10k miles, low 700s credit.
Are there any reports of MBFS NOT keeping MSDs to cover the gap? We have a report of someone who lost their MSDs and the contract language clearly allows it.
The report I’ve seen recently was a thread from another forum that didn’t have a conclusion, and there weren’t enough facts present to know that the individual wasn’t in default on the agreement in some way.
But I don’t read every single thread here, so I may have missed something. Was there another one?
Because I am about to lease a new EQS, I have been reading about this. It sounded like Mercedes did not refund the MSDs because the gap insurance did not cover the entire gap since the gap was too big with their lease buyout being at $110k (sounded like an MSRP deal with only $7.5k lease cash to reduce the cap cost) and what the lessee insurance was willing to pay for the car. I am planning on buying a second a gap coverage through my auto policy just to be safe, even though my cap cost should start around $75k with all the discounts and incentives…