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9250 Beverly Blvd, Beverly Hills, CA, 90210

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Dealership Info

Phone Numbers:Online Showroom Hours:
  • Mon - Sun12:00 AM - 12:00 AM
    (Always Open for Online Shopping)
Sales Hours:
  • Mon - Fri9:00 AM - 7:00 PM
  • Sat9:00 AM - 7:00 PM
  • Sun10:00 AM - 6:00 PM
Service Hours:
  • Mon - Fri7:00 AM - 6:00 PM
  • Sat8:00 AM - 5:00 PM
  • SunClosed
Parts Hours:
  • Mon - Fri7:00 AM - 6:00 PM
  • Sat8:00 AM - 5:00 PM
  • SunClosed

Vehicle Lease Agreements

FAQ For Vehicle Leases

What to Expect from Car & Truck Leasing?

Comprehending your car lease agreement conditions and definitions can seldom be mistaken for a straightforward task, by and large by some of us that favor a less legal language. Just to be clear, leasing is not the same as buying. In fact, it’s basically like renting. As you might suspect, the most essential lease conditions relate to liability, responsibility, and ownership. These include leased vehicle insurance, normal wear and tear, and lease extension or return.

Read More: Buy vs Lease

obligations for car leasing insurance

Leased Car Insurance Obligations

Insuring a leased vehicle is the same as getting insurance for any other type of vehicle. In the case of leasing, however, the terms normally require the lessee to provide comprehensive auto insurance. In short, the leasing company owns the vehicle, the agreement lays out rules that allows you to drive it. The main condition is full vehicle protection, aka, full coverage insurance.

excess wear & tear vs normal wear

Excess Wear vs Normal Wear

The typical vehicle lease most likely stipulates exactly what is designated as excessive vehicle wear. This is very significant because when you trade in your leased vehicle you may be billed for damage and wear that is outside of the coverages. If that makes you uneasy, then make sure to inquire about additional Insurance to take the unpredictability out of the consideration.

extending or returning your auto lease

Lease Return or Extension

We suggest contacting the dealer you leased from leading up to the end of the agreement to establish your end of lease requirements. In addition to completing a lease return inspection, you may also choose to request a vehicle lease buyout or lease extension. One allows you to extend your lease for an additional period of time, while the other permits you to buy your leased vehicle at its current value.

Mercedes-Benz online car buying Los Angeles  CA

Frequently Asked Questions: Car Leasing Agreement Terms

What is a Lease Extension?

A car lease extension allows you to extend your current vehicle lease agreement for more time. There are lots of factors but this could be 6 months, 12 months, or even month-to-month. The best way to find out is to ask.

Am I Able To Use My Current Vehicle as a Trade-In?

You certainly can use your current vehicle on trade. Taking advantage of the equity from your trade will lower your monthly payment, but it will not change the overall cost of the lease.

Can I Get a Short Term Car Lease?

There are usually not any short term vehicle leases available from the dealership, but once in a while they are available as long-term rentals from rental companies.

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Contact Us

(310) 659-2980

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9250 Beverly Blvd • Beverly Hills, CA 90210

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Today's Hours:

Open Today! Sales: 9am-7pm

Open Today! Service: 8am-5pm

Open Today! Parts: 8am-5pm

Mercedes-Benz of Beverly Hills 34.0769641, -118.3946635.