Should I take over a Mercedes lease with no lease return protection allowance??
So someone I know has a 2015 Mercedes CLA250 (non 4matic) . It's white on white and has 9 months left. He is transferring to the USA and his lease does not allow him to be in the USA for more than three months. He presently pays $550/month but will give me a cash incentive of $2000 and paying for the first month bringing the payments down to $260/month. I agreed to $500 for the lease transfer fees which is the deposit he gave to start and will get back on lease end.
Everything sounds great and will have a little toy for the summer, but what worries me is that he purchased no ens of lease protection for dings, damages, etc and being a Mercedes I am kind of worried as to what this could end up costing. I have never leased before and would not want to make an insurance claim for windshield repair or dings.
I would love to here some feedback/opinions on your experience especially related to the more luxury cars. Are they more picky and less lenient? I heard that many times they will waive any damage fees if you lease another but I am not interested to lease another