Leasing a used MB? - Mercedes-Benz Forum

 
LinkBack Thread Tools Display Modes
post #1 of 4 (permalink) Old 07-15-2010, 12:18 PM Thread Starter
BenzWorld Member
 
drballard33's Avatar
 
Date registered: Mar 2009
Vehicle: 09 C300 4Matic
Location: Cleveland
Posts: 223
Mentioned: 0 Post(s)
Quoted: 1 Post(s)
(Thread Starter)
Leasing a used MB?

I am currently leasing an 09 C300, my first MB. While I love it, I also just had a new baby and I am finding I will need something larger. I do not make tons of money and do not live far from work, so leasing has become the best option for me, not to mention that I am car crazy and like to have a different car every few years. So getting a larger MB is something I would like to do next year. The GLK is within my price range but its nothing more then a C300 with a hatchback, so the M or GL is probably a better option. Because I cannot afford a new one, what are everyones thoughts or experience on leasing a used one? I dont even know if MB leases used vehicles, but I do know some of their competitors do. I obviously would ensure the warrenty covers the lease term, and would do a no money down lease, but I am opening it up for anyones criticism or advice.

Thanks

2009 C300 Sport 4Matic Alpine White
2011 Jeep WK2 Overland, 5.7 Hemi
Four Winns 298 Vista - Twin Volvo 350's
drballard33 is offline  
Sponsored Links
Advertisement
 
post #2 of 4 (permalink) Old 07-15-2010, 12:43 PM
BenzWorld Elite
 
Date registered: Dec 2002
Vehicle: 92 500SEL to 01 E320T and others
Location: Florida
Posts: 3,886
Mentioned: 0 Post(s)
Quoted: 3 Post(s)
Leasing is for people with no money, and or find it to their atvantage in buisiness, since it is easier the reflect the monthly payments if the car is used for business at tax time. If the car is purchased and used for business it means capitalizing it, depreciating it, and when selling or trading it declaring it a disposed asset.
I suggest keeping it untill your lease expires, and then moving on to a vehicle of your choice. Many people purchase their car at the end of the lease, which is another silly move since they paid sales tax on the origional sale, and will pay again buying out the lease. If you are closer to the expiration MB was offering to let you out 6 months early if you re- leased another vehicle. The seller makes money on leases, and it makes as much sense as "rent to own" furniture.
Peter Guenther is offline  
post #3 of 4 (permalink) Old 07-15-2010, 03:59 PM
~BANNED~
 
Date registered: Sep 2007
Vehicle: 99 Merc S420 (80k Mi) 07 Lexus LS460 (21k Miles)
Location: FL
Posts: 4,583
Mentioned: 0 Post(s)
Quoted: 0 Post(s)
There is no such thing as a used vehicle lease from a new MB dealer. So you can cross that off your list. Peter, above makes some very good points about leasing. Unless you make way too much per year and need to burn some of it, or you are writing your car as a business expense, leasing makes very little sense. Its a good way to always keep yourself in debt or driving a vehicle that you cannot actually afford. It sounds like you would be best served getting a much cheaper vehicle, perhaps a used Honda or Toyota product that will be in your outright purchase budget and not break the bank on repairs.
mr.xpowerseller is offline  
post #4 of 4 (permalink) Old 07-16-2010, 12:36 PM
BenzWorld Elite
 
sd300td's Avatar
 
Date registered: Dec 2008
Location: San diego
Posts: 1,699
Mentioned: 0 Post(s)
Quoted: 10 Post(s)
Heh...my wife and I traded a 2004 Xterra for a 2005 C class when she got pregnant. She didn't want to have to "climb" into a truck with a baby seat in hand.

Unless you have a larger family, there's no reason a C class isn't big enough for a family of 3 or 4.

2005 230 K, 26k-77k (sold)
1982 300 TD, 167k-226k
1982 240 D, 308k-327k (sold)
1998 E 320, 120K-141K
sd300td is offline  
Sponsored Links
Advertisement
 
Reply

  Mercedes-Benz Forum > General Mercedes-Benz Forums > General Mercedes-Benz

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Mercedes-Benz Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in











  • Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
     
    Thread Tools
    Show Printable Version Show Printable Version
    Email this Page Email this Page
    Display Modes
    Linear Mode Linear Mode



    Similar Threads
    Topic Author Forum Replies Last Post
    Leasing and Financing Help!!! GFurm For Sale/Wanted/Trade/Giveaway 0 03-04-2010 08:50 AM
    Anyone leasing? Murray Woo W204 C-Class 18 12-15-2008 01:24 PM
    Leasing Tips? mrichman General Mercedes-Benz 4 11-18-2007 10:40 PM
    Leasing icanfly C219 CLS-Class 0 05-19-2005 02:52 PM
    Leasing $ monthly???? Leasing Masters Reply, Thanks rclab1 R171 SLK-Class 11 12-19-2004 05:27 AM

    Posting Rules  
    You may post new threads
    You may post replies
    You may not post attachments
    You may not edit your posts

    BB code is On
    Smilies are On
    [IMG] code is On
    HTML code is Off
    Trackbacks are On
    Pingbacks are On
    Refbacks are On

     

    Title goes here

    close
    video goes here
    description goes here. Read Full Story
    For the best viewing experience please update your browser to Google Chrome