Should I Buy or Lease My Mercedes-Benz?

If you’re on the hunt for a new model, you’ve probably wondered, “Should I buy or lease?” Our leasing vs. buying comparison covers all of the most important pros and cons of both options. Hoping to make a quick decision? Leasing is great for the driver who wants to stay in the latest models and enjoy an exceptional monthly payment at the same time. Buying is a better option for those who want to drive without limits, customize a vehicle, or keep a vehicle for the years to come!



Leasing vs. Buying: Long and Short-Term Costs

Leasing is usually more affordable in the short term, while buying has the potential to be the more cost-effective option in the long run:

  • Many drivers consider leasing because they only want to pay for the use of a vehicle for several years. Those who finance will be responsible for the vehicle’s full value.
  • If you lease, you won’t have to worry about a large down payment either.
  • On the other hand, those who buy can eventually pay off their loan and drive without making a regular car payment. 
  • For this reason, buying can be a smarter financial decision in the long term. However, this benefit may be offset by rising repair costs as the vehicle ages.

We offer plenty of exciting leasing specials and financing offers. No matter which route you end up taking, we think you should be able to secure an excellent monthly payment without driving far from San Diego or Del Mar. 


Leasing vs. Buying: Mileage & Restrictions

Lease agreements come with more restrictions because the dealership still owns the vehicle:

  • Those who don’t drive very often might not mind the mileage restrictions that are built into every lease contract. Generally, these contracts let you drive around 1,000 miles per month.
  • Additionally, the monthly payments of a lease may be offset by excess wear or mileage charges when you eventually return the vehicle.


Leasing vs. Buying: Total Ownership and Customization

For some drivers, ownership is its own reward. For others, the opportunity to customize a vehicle is one of the most important reasons to buy:

  • When you purchase or finance a vehicle, it’s yours and yours alone! You can modify it or customize it as you see fit. Just remember that it could impact your trade-in value.
  • A lessee must keep their vehicle as close as possible to its factory condition. Although you may receive certain accessories with your lease, you’ll have to refrain from making permanent modifications.


Leasing vs. Buying: Freedom, Options, & Processes

When you buy, you can sell or trade in your vehicle at any time. Leasing requires you to stick to a contract, but the process of upgrading is generally easier:

  • Valuing a trade-in only takes a few moments. Although it’s easier to trade in a vehicle if you’ve already paid off your loan, you don’t necessarily have to complete that step before you upgrade.
  • When you’re ready to upgrade your lease, just wait until the end of your contract. Then take care of any necessary paperwork, drive into our lease return center, and pick out your next new vehicle.


Explore Leasing and Financing Options at Mercedes-Benz of San Diego

Here at Mercedes-Benz of San Diego, it’s easy to shop and buy online. Still comparing leasing vs. buying? Contact our financing team and sit down with a representative today! We’re easy to reach from anywhere near Rancho Santa Fe, and we’d love to help you find the option that’s right for you.


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Mercedes-Benz of San Diego 32.8241398, -117.1471697.