Buying vs. Leasing – What’s the Difference?

Benefits of Buying

Many Stamford-area drivers choose to finance their vehicle. Financing your Mercedes-Benz offers a variety of benefits, including:

  • Ownership: Your monthly payments will help you build equity over time. Whenever you finish paying off your new vehicle (usually in increments of 36, 48, or 60 months) — you’ll own your car outright.
  • Customization: When you own your car, you’re free to make changes and customizations as you see fit. Feel free to add a custom paint job, put in a new stereo, or add on Mercedes-Benz performance parts.
Beautiful young couple signs documents

 

Car Salesman Speaking with Couple

Benefits of Leasing

If you don’t decide to finance your vehicle, you have the option to lease. A lease means you’ll borrow a car for a designated period of time with the option to purchase or return it when your terms are up. The advantages of leasing include:

  • Affordability: Leases generally have a lower down payment as well as lower monthly payments. This means you’re able to drive a nice vehicle while keeping your budget in mind.
  • Newest Features: Lease typically are available with shorter terms than financing plans — a lease usually lasts 24 or 36 months. Once your lease ends, you can simply bring it in an lease a new vehicle with the latest technologies and features (or pay off the rest of your current lease if you choose to buy).

Explore Your Finance Options at Mercedes-Benz of Greenwich

Which is the better option for your next car? Visit Mercedes-Benz of Greenwich to take a test drive and chat with our finance staff about the differences between financing and leasing. Contact us to learn more or visit our showroom in Greenwich.

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261 West Putnam Ave • Greenwich, CT 06830

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Mercedes-Benz of Greenwich

261 West Putnam Ave Greenwich, CT

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http://maps.google.com/?q=261%20West%20Putnam%20Ave%2C%20Greenwich%2C%20CT%2006830

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261 West Putnam Ave Greenwich, CT

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261 West Putnam Ave Greenwich, CT

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261 West Putnam Ave Greenwich, CT
41.024908 -73.635592
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Mercedes-Benz of Greenwich
Mercedes-Benz of Greenwich
261 West Putnam Ave
Greenwich, CT, 06830 US
(888) 249-6454
https://di-uploads-pod7.dealerinspire.com/mercedesbenzofgreenwichredesign/uploads/2016/09/MB-Greenwich-OG-image.jpg
Mercedes-Benz of Greenwich 41.024908, -73.635592.