First Lease - Mercedes-Benz Forum

 
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post #1 of 4 (permalink) Old 10-23-2011, 06:30 PM Thread Starter
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First Lease

I just leased a C300. When I go back in 30 months to lease another car how will that work. Will I have to put the same amount of money down or will it be cheaper because I already have a lease? Any information will be helpful.

Thanks
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post #2 of 4 (permalink) Old 10-24-2011, 04:54 PM
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Err....
You should have known that before signing on the dotted line.
When you turn the car in, you start over -- no discount, no equity, only a pile of receipts.
Somewhere in the paperwork is the residual value; you can buy the car for that amount if you want to.
If you look at the down payment, it's just paying the fees earlier than the payment schedule, so if you don't put anything down, expect higher monthly payments.

Phil

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post #3 of 4 (permalink) Old 10-24-2011, 05:57 PM
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Originally Posted by PLeeson View Post
Err....
You should have known that before signing on the dotted line.
When you turn the car in, you start over -- no discount, no equity, only a pile of receipts.
Not necessarily; I don't know of a single car company in the US that doesn't have some form of a loyalty discount or offer when a customer comes in with a lease return.
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post #4 of 4 (permalink) Old 10-25-2011, 09:09 PM Thread Starter
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thanks for the help... I did ask these questions, but the dealer lied to me surprise. I should have know better. I think I will be happy with the lease thought. I am just hoping I can keep close to the same payment and not have to put a large down payment maybe $2500-$3500.

Again thanks for getting back to me.
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