Lease Return Options

Mercedes-Benz Lease Returns

As your lease term approaches its conclusion, it's time to consider your next steps. Whether you're eyeing an upgrade to a new Mercedes-Benz, planning to keep your current vehicle, or simply returning your lease, Elite Mercedes is here to help guide you through the process.

Option 1: Trade In for a New Vehicle

When your lease ends, you have the perfect opportunity to upgrade to the latest Mercedes-Benz models. By trading in your leased vehicle, you can seamlessly transition to a brand-new car.

Why Lease Again?

• Access to the Latest Models: Drive the newest Mercedes-Benz vehicles, equipped with cutting-edge technology and features.

• Lower Maintenance Costs: Many lease agreements include maintenance plans, reducing your out-of-pocket expenses.

• Potentially Lower Monthly Payments: Depending on your eligibility and lease terms, your monthly payments on a new lease might be comparable to or even lower than your current ones.

Option 2: Purchase Your Current Vehicle

If you've grown attached to your Mercedes-Benz, purchasing it outright is always an option.

How to Determine if Buying Out Your Lease is Right for You:

• Assess the Vehicle's Condition: Consider wear, mileage, and any repair needs.

• Check the Market Value: Review the current market value to understand its resale potential.

• Evaluate Financial Factors: Analyze the buyout price, interest, and long-term costs to see if ownership aligns with your financial goals.

Option 3: Return Your Lease

If it's time to move on from your Mercedes-Benz, returning your lease is a simple and straightforward process.

Steps for a Smooth Lease Return:

• Pre-Return Inspection: Schedule an inspection a few weeks before your lease ends. A representative will assess the vehicle for excess wear, interior or exterior damage, and provide an evaluation based on your lease terms.

• Finalize the Return and Address Possible Charges: Bring your original lease agreement, keys, owner's manual, maintenance records, and any original accessories. Be prepared for charges such as mileage overages, costs for excess wear and tear, and a disposition fee that covers administrative processing.

As your lease term draws to a close, take the time to explore your options. If you're eager to experience the latest Mercedes-Benz models, upgrading is a fantastic choice. For those who love their current vehicle, purchasing it offers continued enjoyment. Or, if you're ready for a change, returning your lease is a hassle-free solution.

To learn more about your lease return options, contact us or visit the Mercedes-Benz website.