Operating Lease | Smart at Mercedes-Benz Retail Group

Operating Lease

A solution for those who want to drive one of our cars over a fixed term, with lower monthly rentals and without the worries or commitment of ownership.

How Operating Lease Works

At the start of your agreement you pay an advance rental upfront. Your monthly rentals are based on the difference between the initial value of the car and its projected residual value at the end of your agreement. Therefore, only a proportion of the car’s value is repaid, which keeps your monthly payments lower as you aren't funding the full price of the car.

Features include:

  • Pay an advance rental upfront.
  • Fixed regular monthly rentals (that include VAT) means you can easily budget.
  • Rentals are based on your annual mileage agreed at the start of your agreement and only on a proportion of the car’s value, keeping your monthly payments lower as you aren't funding the full price of the car.

Operating Lease


Additional features for businesses:

  • Rentals are allowable against taxable profits (proportionally).
  • VAT is reclaimable depending on usage (proportionally).

At the end of your agreement

Simply return your car with nothing more to pay, subject to it being in line with our Vehicle Return Standards as the cars condition, excess mileage and other charges may be payable.