What happens after your car lease ends
As the term on your current vehicle concludes, you are likely contemplating your next journey on the road. Indeed, the final months of a Mercedes-Benz lease present a fascinating fork in the road, offering distinct possibilities for the discerning driver. At Mercedes-Benz of Scottsdale, our expert team in Scottsdale, AZ, is dedicated to guiding you through this transition with clarity and ease, ensuring you make a choice that perfectly suits your refined lifestyle. Join us as we discuss what happens after your car lease ends.
Preparing for Your Lease End
Firstly, preparation is paramount to a smooth return. Approximately 90 days before your maturity date, you should arrange for a complimentary pre-inspection of your vehicle with a third-party company. Furthermore, reviewing the inspection report in advance allows you to address any potential excess wear and use charges. Generally speaking, common fees arise from excessive mileage, overdue maintenance, or damage that exceeds the size guidelines set forth by Mercedes-Benz Financial Services (MBFS).
Your primary options when your car lease is up are quite straightforward:
- Return the vehicle and walk away.
- Purchase your current leased vehicle at the residual value determined in your original contract.
- Lease a new Mercedes-Benz model.
Understanding Your Paths Forward
If you have grown particularly fond of your current model, purchasing it is certainly an appealing option. Consequently, you would pay the predetermined residual value—or finance the purchase through MBFS or another lender—to take ownership. Alternatively, you might decide that your priorities now lean toward a different model, perhaps the latest E-Class Sedan or a sophisticated EQ electric vehicle. In that case, transitioning into a new lease – a Mercedes is an excellent choice. Moreover, Mercedes-Benz Financial Services frequently provides loyalty incentives, which may include credits for excess wear and use or waiving the vehicle turn-in fee when you opt to lease or finance your next vehicle through them.*
What to do when your car lease is up often involves exploring the new inventory. When you choose to lease a new Mercedes-Benz from a reputable Mercedes-Benz dealership near Scottsdale, you benefit from continuous access to the newest features and technology. Ultimately, this choice ensures your daily drive always remains current and invigorating. Therefore, many drivers prefer to simply return their current vehicle and procure a new one.
Next Steps and Loyal Rewards
To begin your process, we invite you to connect with our lease return specialists. Given that we offer exceptional lease programs on the most coveted new models, our team can help you find your next spectacular vehicle. You can explore our current offers to where to lease a Mercedes-Benz near Scottsdale on our website or visit our showroom. Our dedicated professionals will gladly review your final lease-end statement and coordinate your next steps, thus providing a truly bespoke experience.
*Disclaimer: Loyalty incentives are subject to MBFS terms and conditions, credit approval, and may not be combinable with all offers. Please consult with Mercedes-Benz of Scottsdale for full details and eligibility requirements. Total word count: 423.
