Mercedes-Benz Lease vs. Financing

If you’re interested in a new Mercedes-Benz vehicle, you’ve probably wondered whether it’s better to finance or lease a Mercedes-Benz vehicle. Choosing between the two can be tough, since both have several upsides. The pros at Keyes European are shedding light on the advantages of each option.

When Should You Finance?

The biggest advantage to financing a car through our Van Nuys, CA, Mercedes-Benz dealership is long-term equity. That’s because when you purchase a vehicle, you’re building equity—it’s similar to buying a house. This is contrary to a lease, where you only “own” the car for a short period of time and then return it. Moreover, once you’ve paid off the car and assumed full ownership, you can drive without a monthly payment for as long as you want, while still maintaining the equity. And when you’re finally ready to sell the car or trade it in, you can expect a strong resale value based on the equity you’ve accrued.

Another reason to buy a Mercedes-Benz automobile is that you can customize it however you want. Plus, you can put as many miles on it as you like without worrying about the type of mileage and wear-and-tear penalties associated with leasing.

When Should You Lease?

If you’re interested in leasing a sedan or Mercedes-Benz SUV, the upside is big for the right type of driver. For example, if you’re the type of car owner who doesn’t want to be tied to the same vehicle for several years and instead wants to experience a different car every two or three years, leasing gives you this flexibility.

Another big reason to consider leasing is that, in the short-term, leasing a car is less expensive than purchasing one. This is because you’re only paying for the partial, “lease period” value of the car, as opposed to having to finance the car’s full value. Consequently, you’ll have a lower monthly payment and a lower down payment. The money you’re saving on these fronts could enable you to upgrade to a higher-end car than if you financed.

Finance or Lease a Mercedes-Benz Vehicle at Keyes European

For all of your luxury car needs in Southern California, trust Keyes European. We pride ourselves on a fantastic inventory of premium automobiles, and we love to help our customers decide whether to lease or choose Mercedes-Benz finance. Visit us today and let’s get started.