You choose your upfront rental, how many miles you expect to drive each year, how long you want to use the vehicle and your local Dealer will then work out your monthly rentals. The responsibility, cost and arrangements for taxing and maintaining the vehicle over the term of the agreement will stay with you.

With Mercedes-Benz Operating Lease, after setting your upfront rental, your monthly rental is based on the following:

1. How long you want the agreement to last.
2. Your expected annual mileage (please see our Comparison Table for maximum mileage).

When all monthly rentals have been made, at the end of your agreement you'll return the vehicle, subject to any end of contact charges that apply, such as damage outside fair wear and tear, extra days’ rental or excess mileage. There's no option to own the vehicle with this product. For more information on this product, please see the Operating Lease Finance Breakdown below.

Please be aware that, as a lease product, you don't have the same termination rights under Operating Lease as you'd have for a purchase product such as Hire Purchase or Agility (Personal Contract Plan).

Ahead of taking out an agreement with us, please click here to see the documents you’ll be sent.

For business customers only:
As a business customer, an element of VAT may be reclaimable, depending on vehicle usage (proportionally) and your rentals may be allowable against taxable profits. Please speak to your usual tax or HMRC adviser for more information.

Once your agreement begins, you’ll make monthly rental payments for the duration of your agreement. At the end of your agreement, once you’ve made all rentals due, you’ll then return the vehicle.

Operating Lease could be the right choice for you if:

• You want the certainty of leasing your vehicle with lower, fixed monthly rentals (subject to changes in VAT rates), but without the option to own it at the end.

• You anticipate what your annual mileage will be and are aware if you exceed the permitted mileage, additional charges will apply as stated within your contract.

• You'll need to pay the excess mileage charge detailed in your finance agreement for each mile you've exceeded the total permitted mileage by.

• You can commit to a specific term and accept there'll be early termination charges to come out of the agreement early.

Operating Lease isn't suitable for someone who wants the option to own their vehicle at the end of the agreement.

For more information on the features of the different finance products available from Mercedes-Benz Financial Services UK Ltd for your Mercedes-Benz, please visit the Comparison Table or our Finance Products FAQ page.

When all monthly rentals have been paid, at the end of the agreement you'll need to return the vehicle to us.

Your vehicle will be assessed against our Vehicle Return Standards. After the vehicle's return, you’ll be invoiced for any applicable charges due under the agreement, including any extra days’ rental, excess mileage (the pence per mile charge for going over your agreed mileage can be found in your agreement), and damages charges outside fair wear and tear.

We recommend you review these guidelines now and throughout your agreement.
 

When you’ve returned your vehicle, we hope you’ll lease another Mercedes-Benz through Mercedes-Benz Financial Services UK Ltd, subject to new credit checks at the time of your application. Ask your local Dealer for more details, as you approach the end of your agreement.

When taking out an agreement, Mercedes-Benz Financial Services UK Ltd will send you three documents: Your Finance Agreement Explained (reference only), Pre-contract Credit Information (reference only), and your Finance Agreement, which will require your signature.

To help you understand your agreement and make sure it’s the right plan for you, Mercedes-Benz Financial Services UK Ltd has included samples of each document below for you to read before taking out an agreement. Any financial data in both the Pre-contract Credit Information and Agreement documents is for illustrative purposes only. Information specific to your agreement will be sent to you if you decide to go ahead with your chosen agreement.

If there are any terms we use that you’re unsure of, take a look at our Glossary.

Got a question? Please speak to your local Dealer – you’ll find their details here .