How to Buy Out Your Mercedes-Benz Lease

A Mercedes-Benz lease has several benefits, but one in particular pleasantly surprises drivers who’ve grown to love their cars: you don’t have to lease another vehicle. Instead, you can visit Keyes European and simply buy out the current lease. If this describes your current situation, we’re here to guide you through the process.

Check Your Credit Score

Your first step should be to check your credit score, since it’s the biggest determinant of the amount and cost of car financing. Doing this early in the process gives you time to address incorrect items on your credit report, and to lower your credit utilization, thereby raising your score and lowering your loan APR.

Do the Math

Your lease discloses a purchase cost at lease end. Most buyers finance this, so we suggest using our financing pre-qualification and payment calculator tools in order to better budget your monthly payents. It’s also helpful to add a down payment; while your lease didn’t require one, having one ready when you finance may substantially lower your month-to-month loan costs.

Inform the Dealership

Questions come up at various points in the process regardless of whether you lease or finance. Needless to say, we don’t suggest guessing the answers. If you let the Keyes European team know your plans well in advance of the lease’s end date, we can better guide you through the process so you can make better-informed decisions.

Mercedes-Benz Lease Support is in Van Nuys, CA

No matter what your Mercedes-Benz needs may be, Keyes European is here to help. At all points from lease inception to termination, we’ll help you get the most from the experience. Call, click, or visit our dealership today to learn more.