Buying vs Leasing a Mercedes

Buying vs Leasing a Mercedes

Buying vs Leasing a Mercedes

Brought to You by Mercedes Benz of Charlottesville

You have made the incredibly exciting decision to drive a Mercedes Benz vehicle home from Mercedes Benz of Charlottesville! Now you need to decide if you are going to be leasing or buying that Mercedes. Both of these options are great choices for a host of reasons, but one will lend itself better to your lifestyle than the other. When you choose to lease, you generally have lower monthly payments and have the opportunity to drive a new vehicle every 2-3 years! When buying, you eventually become the sole owner of the vehicle and may do whatever you please with it and the customization options are endless! Read on below to learn more about both options and how our financing team here at Mercedes Benz of Charlottesville can help you decide. 

What are the benefits of leasing?

We briefly discussed the pros of leasing above but we are further breaking it down to explain why it can be such a good option. When leasing, generally, the monthly payments are lower. This is because you are only paying for the depreciation of the Mercedes model during the leasing period rather than for the entire value of the vehicle. Another great pro to leasing a Mercedes is the outstanding warranty coverage. Typically, your new Mercedes vehicle will be covered under the factory warranty the entire time you are driving it. This means that for the duration of your lease term you wouldn’t have to cover anything other than routine maintenance like oil change and tire rotations. One of the last most popular pros to leasing is the ability to drive a new Mercedes vehicle roughly every 2-4 years. If you like to be driving the best models out there, leasing is the way to go! 

What are the benefits of buying?

We also quickly talked about the pros of buying a new Mercedes model. We are diving deeper into why buying a new Mercedes model can be so great for people. Each time you make a payment towards your new Mercedes model, you are paying towards the full price and owning the vehicle outright. This means that when you pay off the full price of your loan, that Mercedes model is yours and yours alone. You can do whatever you want with it, customize it to meet all your wants and needs, sell it, or trade it in. Knowing that each month, you no longer have a car payment can be a very freeing experience. There are also no mileage restrictions when you own a vehicle so if you want to finally take that cross-country road-trip, you can! 

Financing with Mercedes Benz of Charlottesville

Now that you have learned more about the details of leasing and buying a Mercedes vehicle, which one sounds like it better meshes with your lifestyle? No matter which financing option you choose, our finance team will help you get the best deal possible. We make it incredibly easy to start the financing process with us before you even step into the dealership! All you need to do is fill out our secure finance application, here on our website. Once you submit your application, our team will reach out to you with the next steps in the process. Are you ready to check out all the new Mercedes models we have to offer for both buying and leasing? Check out our new inventory page!