Originally Posted by superunknown
Thanks LoftGuy, actually I have read about this issue as well. Leasing means that you waste two month worth of payments. The dealer actually has a workaround for that. They will give me a lease with 2 extra months. I have to pay for the month that I take delivery in Germany. Then for 2 months they will suspend the lease and will start again when I get the car here in the US. Not sure how this will work exactly. Regardless the other up side of ED with leasing is that you will be driving that car for two fewer months so the number of miles you can drive each of the remaining months go up and that may be the same as paying for extra 2 months.
The main reason I want to do the ED is because I am planning to go to Germany and Switzerland and would like to drive the car there. I did see your posts on ED. Did you lease or buy? Actually you sort of get the same issue even if you are buying through financing. A lot of companies won't give you the check for the loan unless the car is in the US. This becomes an issue with the ED as well unless you go through MB Finance. Anyways would like to hear your thoughts on this matter.
I leased mine, and was given the same story you got -- "oh, we suspend the lease and it will start again when the car arrives in the US." Utter nonsense, and a complete misrepresentation of the facts (you're dealing with a car dealership, and Mercedes is no better than the rest, so what a surprise that you're told one thing but then given another). That's what they told me, too, but when it came time to sign the lease, that isn't what happened.
You're right about the purchase financing arrangements. You're out of luck if you want to use someone other than MB for your financing. As for the "extra" miles available given that you won't have the car for 2 months, it isn't much of a savings. If you're doing 15,000 miles/year, that's 2,500 miles -- at 25 cents per mile, that's only $625. Two months of payments are going to run about 6 times that.
If you do the ED and want your European plates, take them before someone else does. Mine were stolen and my dealership says this sort of theft happens all the time -- but neither they nor Mercedes will do anything about it. Also, you may want to take your manuals, too. I recently discovered that mine were stolen somewhere in the shipping process, and now i'm going through a hassle with my dealer to get a new set (they're hinting that I'm going to have to pay for them).
Would I do ED again? Not a chance. What a rip, in so many ways.