How to Transfer a Mercedes Lease

You can transfer a Mercedes lease with ease.

If you have a Mercedes lease and no longer want to make the payments, you can transfer the lease to another person or business. As soon as six months after you lease a Mercedes, the lease can be transferred. Transferring a lease releases you of all obligations and allows the transferee to assume all the rights and obligations of the lease.

Instructions

1. Find someone interested in assuming your Mercedes lease. Contact your local Mercedes dealer for assistance in finding interested lessees.

2. Ensure that your lease is current. Make all payments and pay all fees and charges on the account. You cannot transfer the lease unless the account is fully paid up.

3. Account for any fees and taxes associated with the lease transfer. These will vary by state. Make an arrangement with the transferee if you cannot or do not want to pay the entire cost of any fees or taxes.

4. Confirm that the transferee has proof of insurance for the car or can obtain it. Mercedes-Benz will not transfer a lease without seeing proof of insurance.

5. Submit a request for the potential transferee to obtain a credit application. According to the official Mercedes-Benz Financial website, this is done by clicking on the "Lease Transfer link inside the Account section of Mercedes-BenzFinancial.com."

6. Wait for the lease transfer to be completed. A lease transfer can take as little as a few weeks, but can occasionally take longer.

Tips & Warnings

• Mercedes-Benz Financial will notify you when the transfer is complete. Deliver the car to the transferee once you receive this notification.

• Leases can be transferred across state lines, but cannot be transferred outside of the United States.

References

• Mercedes-Benz Financial: First Class Lease - Lease Transfer