We can help you decide if
you should buy or lease a Mercedes-Benz model
At our
Youngstown showroom, we've got a fantastic selection of luxury SUVS and luxury
cars from the Mercedes-Benz lineup, and we're eager to help you finance one. A
major factor that will affect your auto finance terms is deciding whether you
want to buy or lease a Mercedes-Benz. We'll go over the benefits and caveats of
each, that way you'll have a better grasp of the car financing terms and loans
you'll need to sign for.
Cost
When you
buy a Mercedes-Benz at our Ohio dealership, you'll likely take out an auto loan
and then pay off the amount over an average of five years. Your monthly payment
is going to be higher than if you were to lease, but once you've finished paying
it off you'll be free from making car payments!
A
Mercedes-Benz lease can be up to half the cost of buying a new Mercedes-Benz
vehicle, and this will leave you with more money to put towards your savings or
spend around Youngstown. One thing to remember is that if you keep leasing as
your auto finance route, over time you can spend more than if you bought a
vehicle. That said, there's a reason why so many people choose to lease, and
we'll touch on that next.
Upgrades
The
biggest benefit of leasing is that you only have your chosen Mercedes-Benz
sedan or SUV for three-years. That's a great thing for people who get bored
easily, and since the Mercedes-Benz brand is always coming out with new technology
and styles, you'll always be on the cutting edge.
That said,
the design of these luxury vehicles is classic, and the technology is leaps and
bounds ahead of what you'll find on economy models and often "trickles
down", so to speak. Even if you have a Mercedes-Benz vehicle that is many
years old, it'll still have elegant style and excellent tech.
Mileage
If you mostly stick around the
Youngstown area and are a low-mileage driver that does about 10K-12K miles a
year, leasing is a great choice. Check our vehicle specials to see what the
mileage conditions are. If you put in serious miles driving around Ohio,
leasing would not be a feasible choice, as overage fees at the end of the lease
term are quite expensive.
For more information on auto
financing for a new Mercedes-Benz lease or purchase, or to get behind the wheel
of one for a test drive, stop into our dealership in Youngstown OH this
week!