Should You Lease or Buy a New Mercedes-Benz Vehicle?

Whether you’re eyeing a stunning luxury SUV like a Mercedes-Benz GLS or a classy Mercedes-Benz E-Class near Owings Mills, MD, chances are you’ve pondered the question of whether to purchase or lease your new vehicle.  At Mercedes-Benz of Owings Mills, we believe there’s no right or wrong answer to this question.  It’s a matter of personal preference, and here are some thoughts to consider.

If you’re taken with the idea of owning several different vehicles over the next several-plus years as opposed to just one, you’re a good candidate for a lease.  For lessees, variety is the spice of life, and a short-term lease gives you the chance to try out different automobiles instead of being beholden to one.  Another advantage to leasing is that you’re able to avoid the depreciation that comes with owning a vehicle, which incidentally has a positive effect on your monthly payments.  And speaking of those monthly payments, they’re typically lower in a lease situation, as is your down payment – meaning you can get more car for your money.

On the flip side, if pride of ownership is important to you, purchasing a car makes good sense.  Purchasing a car also makes good financial sense, since in the long run buying a car and owning it for several years is cheaper than leasing over the same time period.  Also, when you buy a car you don’t have to worry about any mileage penalties of the kind that most leases enforce.  And if you’re the kind of car owner who likes the idea of customizing your ride to your heart’s content, you can do whatever you’d like to a car that you own.

Learn more when you stop by our dealership to sample our great selection of new and Certified Pre-Owned cars near Westminster, MD!