Finance Insurance

California dealership sues BMW, Mercedes over lease buyout rules

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Calabasas {Calif.) Luxury Motorcars wants a federal court to to permanently block BMW and Mercedes-Benz restrictions on lease buyouts to third-parties and award attorney fees.
December 01, 2021 05:45 PM

A California used luxury dealership has sued Mercedes-Benz, BMW and their captive finance companies, claiming bans on lease returns to third-party retailers interfere with dealer and lease rights under state code.

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