Hello all,
This forum has proved to be extremely helpful to me in the past. I learned everything about leasing here and was able to score a decent deal on a 2017 C300 loaner almost 2 years ago. This is my first time leasing and I have 0 experience of what happens at lease end. So, I have a question for you guys.
Essentially my lease is due to terminate at the end of March 2020. I recently received an account notification from the dealership I leased the vehicle from.
Their offer is about upgrading to a 2020 C300 and receive the following offer:
Receive $6,339 towards your new vehicle:
This month, you qualify for two offers a $1500 Mercedes-Benz Allowance Bonus and a $4839 MB Dealership Preferred Customer Bonus.
They would also waive my lease disposition fee of $595.
And a $500 waiver towards damage and excessive wear and use
I’m assuming this offer is to entice me to purchase a 2020 C300 and the credit is not applicable for leasing? If the credit is applicable towards leasing, it might make for a fairly good deal if I am able to find a loaner vehicle from the same dealership, but I’m assuming it is not applicable towards leasing. I tried searching through the forum, but did not find much about these credits.
Ok, I was planning on doing so, but just wanted to ask around here prior to that. I also know MBFS owns my lease and not the dealership. if you mentioned that because I mentioned the disposition fee, the letter says that MBFS *may waive the disposition fee in the e-mail/letter. Here are the terms highlighted in the letter
Waiving I’d the disposition fee is typical of what happens when you turn in a lease and get a new one of the same brand.
What isnt mentioned here is what happens to your old lease? Sure, they may be offering a discount on a new car, but there is no mention of factory pull ahead, which means that they’re going to roll all of your remaining payments into the new vehicle.
I was in the exact same situation last month, lease on 2017 C300 was up in Jan 2020 and I started receiving these letters from the dealership. I also got a call directly from MBFS and they confirmed that I was eligible for pull ahead program where my last 3 payments and lease disposition fee will be waived off if I leased another vehicle through MBFS. And I did that- leased a loaner GLC350e at almost the same price that I was paying for my c300, last 3 payments, lease disposition fee and first month payment on the GLC were waived off. Got the MSDs back within 2 weeks of leasing, did not have to pay anything for excess wear and tear.
The incentives that the dealer has mentioned is nothing that you cannot get otherwise. I ended up leasing through a different dealer and was able to negotiate a pretty good discount.
