![auto lease takeover auto lease takeover](https://firstquarterfinance.com/wp-content/uploads/Lease-Takeover-Policies-Featured-Image-738x430.jpg)
![auto lease takeover auto lease takeover](https://i.pinimg.com/236x/94/01/17/9401177c9182bd84ad96f48b0b6a38e0--online-cars-calgary.jpg)
You need a temporary solution for your Stockton commutes and weekend adventures.You may want to consider a lease takeover if: Next, we’ll break down the benefits and drawbacks of lease takeovers. Should you or shouldn’t you opt for a car lease takeover? As with financing and leasing, the answer depends on your unique needs. If you decide you’d like to own the vehicle, you have the option to buy out the lease at lease-end.As you would with a normal lease, all you need to do at the end of the term is return the vehicle to the dealership.The amount you pay each month is determined by the vehicle’s projected value at the end of the original lease term, which in turn depends on the expected rate of depreciation.However, the mileage cap will depend on how many miles were logged by the previous driver. Most car lease takeover deals apply mileage restrictions of about 1,000 miles per month.Here’s what you need to know if you’re trying to decide whether a car lease takeover makes sense for you: Open Today! Sales: 9am-6pm | Open Today! Service: 7:30am-5pmįinance Department Contact Us How Does a Car Lease Takeover Work?Ī lease takeover shares some similarities with new car leasing - namely, that you’re paying to drive the vehicle for a set period of time rather than buying it outright.Mercedes Financial COVID-19 Customer Support.Why Service Your Vehicle with Mercedes-Benz of Modesto?.
![auto lease takeover auto lease takeover](https://dealerinspire-image-library-prod.s3.us-east-1.amazonaws.com/images/DNwS0iuCpAR8ZV68MYUrP7CXc7DAuSzlrpYt6izp.jpg)