Lease Transfer FAQs
Q. What is a lease transfer, or transfer of interest?
A. A Lease Transfer or Transfer of Interest (TOI) is the process of transferring a Mercedes-Benz Financial First Class Lease® from the current lease holder (the "Transferor") to a qualified individual or business (the "Transferee"). After six months, subject to eligibility and approval, a Transferor may request that a qualified Transferee assume all rights, interests and obligations under the current lease agreement, thereby releasing the Transferor of any remaining payments and lease end charges. In such an event, the Transferee expressly agrees to assume responsibility for all remaining payments and obligations under the lease agreement.
Q. How does a lease transfer work?
A. As a First Class Lease holder, you may be eligible to transfer your lease to another qualified individual or business (a "Transferee"). After six months, subject to eligibility and approval, you may request that a qualified Transferee assume all of your rights, interests and obligations under your current lease agreement, thereby releasing you of any remaining payments and lease end charges.
Q. What if my account is not current?
A. To be eligible to transfer your lease agreement, your lease account must be current. Any outstanding payments, charges (e.g. late charges, property taxes, etc.) and fees (e.g. parking ticket fees, etc.) must be paid so the account is current before a transfer of interest may take place.
Q. What are the fees associated with a lease transfer? Who is responsible?Â
A. There may be a transfer fee due to Mercedes-Benz Financial, which may be paid by the Transferee, the Transferor or a combination of the two parties. However, these fees are state specific, so please contact the Mercedes-Benz Financial Client Care Center at 800- 654-6222.
Q. Are there any other fees and taxes involved?
 A. Vehicle licensing or registration fees, as well as applicable taxes vary by state. If you are unsure about your state's requirements, please consult your local department of motor vehicles to inquire about licensing or registration fees, and your state's tax authority to inquire about any applicable taxes.
Q. What happens to my security deposit?
A. Mercedes-Benz Financial retains a security deposit until the end of the lease agreement. Therefore, if there is a security deposit, it will transfer to the Transferee with the lease agreement. At lease end, any portion that is due to be refunded, less any lease end charges (e.g., excess mileage, excess wear and use, vehicle damage, etc.) will be returned to the Transferee. The Transferee may choose to reimburse the Transferor for the amount of the security deposit, but this is not a requirement of the lease transfer.
Q. Who is responsible for lease-end charges?
A. The Transferee is responsible for any lease-end charges including, but not limited to, excess mileage, excess wear and use, vehicle damage, etc.
Q. Can my lease be transferred to other states or outside of the United States?
A. Your lease may be transferred to another state within the United States. However, your lease may not be transferred outside of the United States. Please note that special requirements may apply to transfers that occur between the continental United States and Alaska or Hawaii.
Q. How is a long-distance transfer handled?
A. The logistics of the vehicle transfer (e.g. vehicle delivery, any transportation charges, etc.) are the responsibility of the Transferor and the Transferee. Please remember to investigate any registration fees or tax liabilities that may be imposed by state authorities.
Q. How long does a lease transfer take?
A. Depending on how quickly and accurately the transfer documentation is submitted, a transfer may be completed in a matter of weeks. However, please note that this does not include processing time that may occur at state agencies, such as a department of motor vehicles, which is outside of our control.
Q. How will I know that the lease transfer is complete?
A. You will receive confirmation from Mercedes-Benz Financial when the lease transfer is complete. The Transferor may then transfer the vehicle to the Transferee.
Q. What about vehicle insurance?
A. Proof of Insurance is required from the Transferee prior to completion of the transfer.
Q. Are optional insurance or non-insurance products transferable?
A. These products are subject to the specific terms and conditions of the agreement under which they were purchased. Please consult these agreements regarding transferability.
Q. Why do I have to send original documents?
A. These products are subject to the specific terms and conditions of the agreement under which they were purchased. Please consult these agreements regarding transferability.
Q. How is a lease transfer initiated?
A. A lease transfer is initiated when a current lease account holder submits a request for a credit application to be submitted to a potential Transferee. The Transferor initiates this request by clicking on the Lease Transfer link inside the Account section of mbusa.com. Note that the Transfer button is not visible unless the lease is eligible for transfer (6 months from the original contract date). Please contact the Mercedes-Benz Financial Client Care Center for assistance or further information at 800-654-6222.
*Visit your local Mercedes-Benz Dealer for additional details
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