First Class Lease®
Customized Mileage and Terms
Your mileage and term options are set according to your driving profile. But we will be happy to customize your lease any way you see fit (certain limits apply). Drive a lot more than average? We’ll set an allowance for extra mileage. Don’t do a lot of driving? Set a lower annual mileage lease and reduce your monthly payments.
The First Class Lease® also allows you to set the terms. Customize your lease anywhere from 24 to 60 months, and anything in between.
Lease End Flexibility – The First Class Finish®
As a lease account holder, you have up to three options available to you at the end of your lease (may vary state to state).
- Return your vehicle.
- Extend your current lease.
- Buy the vehicle.
While no security deposit is required on our standard lease program, in some states we offer a Multiple Security Deposit option. By putting down up to 10 refundable security deposits, you’ll reduce your monthly lease payments. At lease-end, you can have your deposits refunded or rolled over into your next First Class Lease.
By making a lump-sum payment up front on your lease, you can eliminate monthly payments, check writing or mailing, and of course, it will provide significant savings on interest through discounted rates.
Our GAP Waiver is designed to give you peace of mind. If for some reason (such as accident or theft) your leased Mercedes-Benz is declared a total loss, we will cover the difference between the insurance proceeds and the balance owed to Mercedes-Benz Financial Services, less any deductible.
With our Auto Pay option, you can have your payments deducted directly from your checking account. No monthly check writing. No monthly mailing. It just doesn’t get much easier than this.
Business Tax Deductions and Sales Tax Savings
Drive a lot on business? If 50% or more is business-related, considerable tax savings may apply. Also, you’ll save on the amount of sales tax you pay. In most states, sales tax will only be based on your monthly lease payment oppose to the vehicle’s total value.
Please consult your tax advisor for more information.