Mercedes Benz GLB250 4matic Loaner Defective Car Lease - Need Suggestions on the options here

Yes, Substitution of Collateral.

Hey, I am a newbie. what does this mean?

When a bank, in this case MBFS holds one asset (collateral), they substitute it in place for another. The deficiency (difference between old and new) is made up by the manufacturer (MB) in the form of Trade Assist $$$$. This way dealer and customer are whole.

1 Like

Got it. Thanks.