As you guys know, I got a unicorn deal on the EQB 250. The payoff MB wants is $27k. I just got offered $39k for selling it. Granted it’s very low miles (less than 250). Curious to know what everyone thinks. It’s it worth cashing in?
Yes, take it and run.
Cash it out!
Cash it in and do it again!
Are you sure you’ve got the right totals? Your residual before paying the remaining depreciation is 28k (based on your deal) and that’s also before tax.
A title I never thought I’d ever see. What a time to be alive!
PJ
Is this a desrlership or 3rd party offer ?
I got the mbfs payoff quote and I am scratching my head why is so low. I did 0 DAS so that’s all I truly will pay
Random dealership offer, not the dealer that sold me the car
Is there any penalty concerns for getting out of the lease early?
Not after payoff. You lose driveoffs but I rolled it all in
sorry for my confusion: but you woudn’t need to buy and then sell correct? Since MB allows for third party buyouts?
Correct. I have never done it with mbfs. If their cost to 3p is higher, will just buy and sell
MBFS just adds 4% to the payoff afaik
Please keep us updated! Have an MB as well and just curious to the process if I ever see myself in a positive situation.
@max_g Thank you! However, payoff amount for myself would be different than if selling to a dealer correct? Stellantis previously wouldn’t provide me with a dealer payoff quote when I was trying to gauge equity.
Yes please do. I’m this close to grabbing a sub $200/month EQB for myself to do this exact move. Problem is I don’t have fleet or loyalty, even though I already have an EQB and EQS.
I figure that can help me make up for this .
How does loyalty work for MB? I just signed on an EQE 2 weeks ago, first time ever with the brand.
You need a lease maturing within a specific window as I understand it.
For a lot of manufacturers the amount is the same (excluding any sales tax effects)
Where is the best sub-$200, or even sub $300, EQB deal?
Positive equity? Did we take a Time Machine back to late 2021? Yes, take the money and run. You’re getting 12k for a borrowed vehicle that isn’t yours.