E220 CDi

[L1OFF]

The 3 year lease on my 08 E220 CDi (Avantgarde)saloon with 31K miles runs out in a couple of months, I'm seriouly thinking of buying (if I can) it from Lombard. Has anybody a guide to whats it's likely to cost me?

Thanks

[gizlaroc]

I would be very surprised if you can buy it from them, most lease companies already have a deal set up with someone to buy them already.

Have you asked?

[anonymous-user]

Don't you fancy the same car, same year, same trim level, with similar mileage, but in far more versatile estate form, with lovely AMG wheels? Make me an offer

[steve-V8s]

Best to ask them. We have bought cars that were on lease but I think there is some tax reason why it can not be sold directly to the person (company) that was leasing it. That may not apply if it was a personal lease rather than a business one. When we have bought them in the past the driver has made a bid for it rather than the company, I think the cost was quite reasonable and they were open to a bit of haggling. Another option may be to see if they will extend the lease period.

[mattviatura]

steve-V8s said:

Best to ask them. We have bought cars that were on lease but I think there is some tax reason why it can not be sold directly to the person (company) that was leasing it. That may not apply if it was a personal lease rather than a business one. When we have bought them in the past the driver has made a bid for it rather than the company, I think the cost was quite reasonable and they were open to a bit of haggling. Another option may be to see if they will extend the lease period.

You're right. If the car is on a Contract Hire agreement and the lessee has been reclaiming any of the VAT it should be sold to a third party. In effect this can be the broker that supplied the car (if it wasn't Lombard Direct) or an employee of the lessee.

I suspect Lombard will want the Cap price for the car.

[va1o]

If its PCP you probably could, but if its CH they will most likely already have a buyer for it. In my experience a fair number of ex-Lombard Mercs just go back to MB UK and are resold through the approved used network.