Does Mercedes-Benz Allow Third-Party Lease Buyouts?

Here at Keyes European, we believe the Mercedes-Benz financing process should be accessible and affordable for everyone. That’s why we make it easy to pick the perfect vehicle at the ideal price and share everything you need to know about the leasing process. Since some of those questions arise after you’ve signed on the dotted line, let’s take a moment to discuss lease buyouts.

When Might You Seek a Lease Buyout?

Lease buyouts are common under two scenarios. First, you might find that your vehicle doesn’t fit you as well as when you first signed the lease; if you’re welcoming twins soon, you might want something larger than the Mercedes-Benz CLA. In the second instance, some buyers find that changing financial circumstances (such as illness or job loss) makes meeting payments difficult.

Does Mercedes-Benz Allow Lease Buyouts?

Mercedes-Benz doesn’t allow for third-party lease buyouts. However, you have options, so let’s explore them briefly.

Lease Buyout Alternatives

Before we go any further, a word of caution: your finances and credit alike can be affected by what you do with your lease, so it’s important to talk to a Mercedes-Benz finance expert and run the numbers before deciding.

• Return the vehicle: This will incur an early termination fee, but some lessees decide it’s better to rip the band-aid off than to continue making payments they cannot afford.
• Refinance the vehicle: You may be able to buy out the lease for the price agreed at lease inception. Once you’ve done this, you can sell the vehicle.
• Upgrade: If the vehicle’s size or specs are your reason for switching, ask your Mercedes-Benz dealer about loyalty incentives; sometimes, these will include a waiver of the early termination fee if you stay within the brand.
• Take out a lease buyout loan: Many banks offer these loans, which can facilitate buying out your lease.
• And, of course, talk to your Mercedes-Benz dealer about payment programs and other forms of assistance we may be able to offer.

Mercedes-Benz Lease Support is at Keyes European

Keyes European is the dealership you can turn to for whatever the next step in the purchasing or leasing process might hold. Visit our dealership to learn more about your options today.