Lease or Buy a Mercedes-Benz in Charlottesville Virginia

lease vs buy mercedes benz

Welcome to the Mercedes-Benz of Charlottesville for your luxury car shopping. We’re your certified neighborhood Mercedes-Benz dealership serving in Charlottesville VA and its surrounding areas. Come and explore our extensive selection of new Mercedes-Benz vehicles, and a range of competitively priced pre-owned vehicles available for leasing and buying. Before you go to the next step in your luxury car buying or leasing process, we have a question for you? Have you ever considered Mercedes-Benz leasing? Taking all the benefits and financial flexibility of Mercedes-Benz lease deals into account, you may want to explore the Mercedes leasing options too. If you’re finding it hard to decide between leasing vs buying Mercedes-Benz, then this guide will help you compare each option by analyzing a multitude of factors.

Here we have a comparison table for leasing vs buying a Mercedes-Benz.

Leasing vs Buying Mercedes-Benz

LEASING BUYING
Up-Front Cost Typically, the up-front cost is less than a down payment when you choose a loan to buy a car. If you buy, the up-front cost can be significantly higher.
Vehicle-Ownership Leasing doesn’t make you the car-owner. However, you have the choice to choose a new Mercedes-Benz when you extend your lease. After you paid off the loan, you own your Mercedes-Benz.
Monthly Payment The monthly payment for Mercedes-Benz leasing is generally smaller than a car-purchase. That’s because lease payments include only the vehicle depreciation not the total car price. The monthly payment of auto loan is generally higher than leasing. This is because you pay for the full price of the vehicle.
Mileage Restriction Each Mercedes Leasing comes with mileage limits. A vehicle-leasing agreenent includes a standard amount of miles related to vehicle depreciation. Fees are incurred for extra miles accrued. When you buy a car, you pay the cost for maintenance, service and repair of your Mercedes-Benz car.
Repair Cost Mercedes Benz leasing includes warranty maintenance that covers most maintenance and repair costs. When you buy a car, you pay the cost for maintenance, service and repair of your Mercedes-Benz car.
Contract A Mercedes leasing is a long-term car renting contract. If you end the lease early, expect to pay early-termination fees. Your lease agreement doesn’t allow you to make vehicle customizations too. Car-purchase means no contract. Enjoy the trade-in option, and customize it as you please

Frequently Asked Questions Leasing vs Buying

 

Here is a set of frequently asked questions on leasing vs buying.

I enjoy changing car every two to three years. Should I lease or buy?

 

Look at your vehicle ownership history and consider analyzing any future financial changes and your personal situation before moving forward. If your typical car-ownership range is less than 3 years, then Mercedes leasing may best fit your needs.

 

I drive more than 15,000 miles per year. Should I lease or buy?

 

Your commuting habits play an important role too. Do you drive far to work every day, or you will just be using your brand-new Mercedes as a weekend cruiser only? Think about these and find out where your new Mercedes fits in this capacity. If your driving range goes over 15,000 miles in a year, then car-purchase may work best for you.

 

I love customizing my vehicle. Should I lease or buy?

 

Whether you want one of our certified pre-owned C-Class, or you have selected the new model of a brand-new GLC 300, you can never customize your car if you lease it. Even a slight modification on your leased vehicle can violate the lease terms. Your leasing term always requires you to return your vehicle in factory condition at the term-end. Buying, contrariwise, allows you to make custom modifications on your vehicle. If vehicle personalization is what you want, then you may consider to buy your Mercedes-Benz.

 

I love to trade-in my vehicle. Should I lease or buy?

 

If you expect a return on what you have spent on your vehicle, then car-buying is your option. Think about how you will be utilizing your vehicle in the future. With a Mercedes-Benz leasing, you don’t have the trade-in option. Financially speaking, having an instant cash-value on your car is a cool thing. But again, we all have different reasons for having a vehicle. If building an equity, cash-value and trade-in interest you, then choose to buy your car instead of leasing it.

 

I like a package that covers maintenance and repair costs. Should I lease or buy?

 

Your Mercedes-Benz needs maintenance and scheduled servicing as recommended by the manufacturer. If you buy a car, these costs are not typically covered after the factory warranty ends. In contrast, a Mercedes leasing agreement includes the GAP protection coverage, maintenance and repair costs all within its warranty. Sounds cool, right? If all-included is what you want, then Mercedes leasing may work in your favor.

 

Why Should You Lease or Buy from Mercedes Benz of Charlottesville?

At our dealership, we are always eager to provide you with the assistance in finance, sales, and servicing. As soon as you are here, our team will tailor your luxury car-buying experience based on your preferences and drivability needs. Luxury car shopping can be affordable; choose from our competitive new-car specials or leasing offers, and find out more about our auto-financing options at our Finance Center. Whether you choose to buy or lease with us, our committed team will make your luxury car-shopping journey an enjoyable one. Here are some of our special offers:

 

 

 

Browse our official website for more information and stop by our dealership at 1381 Richmond Rd, Charlottesville, VA 22911 to start with your luxury car purchase journey.

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DealerRater May 8, 2021

Excellent customer service. Ragina went all out to get the service completed on my car in time for me to get to my tennis friends

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DealerRater Apr 30, 2021

All personnel were very friendly and helpful. The car was returned in a clean state. An excellent experience, Their parking is very crowded, especially in the morning.

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DealerRater Apr 21, 2021

It was a fantastic service everyone was very pleasant. Thank you Regina and Tiffany for all your help. Even though I live 2 hours away I will continue to bring my vehicle.☺️

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DealerRater Apr 8, 2021

The whole team - professional, caring, efficient as always. Pleasant waiting in the service lounge as you hear everyone laughing and talking. They are happy as they work. Mary Ann Leeper

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DealerRater Apr 6, 2021

Their professionalism , knowledge, and support turned a bad day into a good day. My engine light had come on and the manual said get to service ASAP .

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DealerRater Apr 2, 2021

Always a pleasure coming in for simply a service. Regina is most pleasant and professional. Louis(sp) is also very pleasant and eager to offer assistance where needed.

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DealerRater Mar 25, 2021

Both Regina and Lewis were Very helpful and knowledgeable about future service plans. Got my car in quickly, even with the pandemic. Great to work with. Keep it up!!

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DealerRater Mar 25, 2021

I enjoy working with Regina whom I met when I came in several times who is always friendly and courteous and Lewis who I have not met yet but always friendly and courteous on the phone.

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DealerRater Mar 19, 2021

Fast friendly service! They came and picked up my vehicle at my work and delivered it back before I finished work. Cleaned and parked and ready to go. Tanks!

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DealerRater Mar 17, 2021

From the minute I walked into the service department I was greeted by Regina who was so nice and helpful.The waiting area was very clean and stocked with water. I had not used your dealership service department before but I will going forward. Thanks for a good experience!

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DealerRater Mar 12, 2021

I really enjoyed the customer service. It is top quality. In fact I will be doing my tires there as well. Regina took time at the end of day to show me a car to my liking.

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Contact Us

434-817-3380

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1381 Richmond Road • Charlottesville, VA 22911

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Today's Hours:

Open Today! Sales: 12pm-5pm

Service: Closed

Parts: Closed

Mercedes-Benz of Charlottesville 38.032699, -78.4488053.