If you are dreaming of driving a Mercedes-Benz, leasing might be the most advantageous option for you. A lease is an agreement for the use of the vehicle with agreed upon terms and conditions, such as monthly payment, term and much more.
There are a number of benefits when leasing a car rather than buying it, so keep them in mind when you are deciding whether to buy or lease your Mercedes. Here are some of the major benefits that Mercedes Leasing has to offer:
One of the major advantages to leasing a car is the lower out of pocket costs that you will experience when you are acquiring and maintaining the car. Essentially, a lease means that you are renting the car for a number of months, paying only for the depreciation of the car during that period. A car is not like a house in that regard – while the house appreciates over time, a car will begin to depreciate the moment it is driven off the lot.
A lease will require very little down payment and you will not have to pay sales tax. Also, monthly payments will be lower – so you can enjoy the pleasure of a new car every few years without the major investment.
Another advantage of leasing is that it provides an alternative when buying a car is not an option you can afford. Most of the banks will not lend people more than a certain amount for a car loan, but leasing can be an option if you are looking for a car worth more than that amount.
The monthly payments for a lease will be, on average, between 35% and 55% less costly than the repayments on a car loan.
While leasing offers a number of advantages, some cars are better for leasing than others. There are a number of factors involved in determining a good lease car, including supply and demand of cars, the wider economy, a car’s residual value and much more. German car models such as Mercedes-Benz, as well as BMW, Volkswagen and Audi, will depreciate more slowly – making them better options for leasing.
When you are finished with your car and it is time to upgrade to a newer model, you won’t have to bother with advertising the car and selling it yourself. At the end of your agreed upon lease the company will collect the vehicle and you can take out another lease and enjoy driving a different brand new car. There’s no need to bother with classified ads and time wasters who will haggle with you to get a better price on your car.
These are just a few of the reasons why you should consider leasing rather than buying a Mercedes. If you do plan to lease a Mercedes, contact us today for more information.
* All vehicle images and car descriptions on this site are for illustration and reference purposes only and are not necessarily an accurate representation of the vehicle on offer.
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