Should I Buy or Lease?

Auto finance paperwork

There are a lot of decisions involved in acquiring a new vehicle. When Kettering drivers have decided they want a Mercedes-Benz C-Class instead of a BMW 3 Series, they’re ready to ask, “Should I buy or lease?” Take a look with Mercedes-Benz of Centerville if you’re weighing whether to lease vs. buying your next vehicle.

Lease vs. Buying — Benefits of Leasing

Leasing is a great option for Springboro drivers who want a new car every few years and are looking for lower payments, which can be even better with lease deals from Mercedes-Benz of Centerville. Some other perks of leasing a Mercedes-Benz include:

  • Shoppers with lower credit ratings have a higher approval rate when they apply for a car lease.
  • A lease allows you to upgrade every few years. If you lease a car you love and want to purchase, lease buyouts are an option.
  • When your lease agreement is over, it’s easy to lease your next vehicle.
  • If you stay under your mileage limit, a leased car is covered by an extensive warranty.
  • Your down payment and monthly payments are lower, as are sales tax in Oakwood and elsewhere in Ohio.

Lease vs. Buying — Benefits of Buying

You want to buy a car that will be yours for the long haul, to customize and drive as much as you wish. If this sounds like you, buying a car is likely your best option. You can get started by applying for financing, and looking at the benefits of buying:

  • Buying a vehicle means you own it outright. There are no restrictions on mileage and modifications. You can customize however you please.
  • Ownership gives you the ability to sell your car whenever you like, whether it’s in two years or ten. The money from that sale will be yours.
  • While your down payment, monthly payments, and initial sales tax might be higher to start, in the long run, you’ll save money with a purchased car.
  • If you have good credit, financing a car is quicker and a more streamlined process than leasing.

Let Mercedes-Benz of Centerville Answer Your Auto Finance Questions

Now that you know the difference between lease vs. buying, learn more about the ins and outs of auto finance with Mercedes-Benz of Centerville. Our finance center is here to help you find the best option for driving a new Mercedes-Benz.

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    (937) 433-2698

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    1 Loop Rd. • Centerville, OH 45459

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    Open Today! Sales: 10am-6pm

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    Mercedes-Benz of Centerville 39.648865, -84.156982.