We’re not surprised if you’re considering a Mercedes-Benz lease at Mercedes-Benz of Owings Mills. You’ll benefit from lower monthly payments, fewer repairs, and more. However, there are a few things you want to make sure you don’t do if you lease a Mercedes-Benz car or SUV.
Forego GAP Insurance
Guaranteed Asset Protection (GAP) insurance is designed to protect you if you’re faced with a total loss and owe more on your vehicle than it’s worth.
This can easily happen when leasing a vehicle since you are making such small payments on a luxury model. We always recommend GAP insurance when you lease.
Rack Up Your Miles
We get it, you own a new Mercedes-Benz vehicle, and you want to drive it. However, leases include stipulations, including how much mileage you can put on them each year, to help protect the value of the vehicle you’re driving. If you exceed the restrictions, you will owe fees at the end of your lease, which can be substantial.
Keep it Unprotected
You can also owe fees at your lease end if your vehicle has excessive wear and tear. Whenever possible, try to keep your vehicle stored in the garage or some type of shelter. This can help protect it from the elements – and protect your wallet too.
Put Off Your Maintenance
Drivers of a leased vehicle are sometimes less likely to prioritize car maintenance since they know they won’t own the vehicle forever. However, you can see the effects of skipping maintenance in no time at all. This will also end up costing you at the end of your lease.
Want to learn more about leasing a new Mercedes-Benz vehicle? Ready to secure your own? Stop by our Mercedes-Benz dealership in Owings Mills, MD to get started today!
Categories:
Social
AdChoices