The First Class Lease is commonly referred to as a walk-away lease. At lease end, the lessee can return the van and walk away (subject to any excess wear & use or excess mileage charges), or can purchase the van for the purchase price amount set forth on the Lease Agreement. Mercedes-Benz Financial Services provides options to finance the purchase of the vehicle in many states. The First Class Lease typically requires a lower cash outlay and lower monthly payments than a traditional loan, and payments may have tax advantages (check with your tax advisor for details).

The Commercial Open-End Lease, commonly referred to as a TRAC lease, is available for commercial customers using the van primarily for business purposes. At lease end, the lessee can purchase the vehicle for the purchase price set forth on the Lease Agreement, or can return the vehicle to Mercedes-Benz Financial Services. If the vehicle is returned, Mercedes-Benz Financial Services will manage the process of selling the van. If the selling price is greater than the residual value on the Lease Agreement, the customer will receive the surplus, less any selling expenses. If the selling price is less than the residual value on the Lease Agreement, the customer will owe the difference, less any selling expenses.

Unlike traditional leases with monthly payments, a single-payment lease involves making one upfront payment for the entire lease period. This option is especially appealing for customers looking to minimize their financial commitments. Single Pay Leases are typically more affordable than standard leases due to lower interest rates, and can minimize potential loss from vehicle depreciation. And, at the end of your lease, choose to either purchase your vehicle at a predetermined price, or simply return it to the dealership and get into a new Mercedes-Benz.

Purchasing your Mercedes-Benz could be one of the smartest decisions you make. Have the freedom of keeping your vehicle for as long as you like. You can customize your financing arrangement according to your preferences with financing terms lasting from 24 to 72 months (available in most states).

Balloon Financing offers the privileges of owning with one lump sum balloon payment at the end of the finance term, resulting in lower monthly payments than standard financing. Contact your local dealer to learn more.