As you drive down the highway, you can feel the wind blowing in your hair, the power thrumming under your feet, and the luxury embedded throughout the cabin. You're driving a Mercedes-Benz. Or at least, you will be.
Here at Mercedes-Benz Lubbock, we put together this Mercedes-Benz financing FAQ page to answer your burning questions and help you get behind the wheel. When you're ready to make your dreams a reality around Lubbock and Amarillo, TX, read on.
Have any questions? Contact our team. Soon enough, you'll be exploring Oklahoma City, OK, in style.
​What Are the Different Financing Options?
When it comes to financing your own Mercedes-Benz, there are two common options. These are buying vs. leasing. When you buy a car, you're the owner. When you lease, you're renting it for a lease term.-
How Does Leasing Work?
Leasing can be a great choice because you won't have to pay the full price. Instead, you'll just be paying for the time you use the vehicle. So, you'll sign a lease agreement that can be anywhere from six months to three years. You'll pay a monthly payment and then return your vehicle at the end of your lease.
-
How Does Buying Work?
Buying is a similar process, except you don't return the car. Because you're paying to own it, you'll be paying the entire cost of the vehicle through monthly payments. These payments will continue until the car is paid off completely.-
What Are the Benefits of Leasing?
Let's talk benefits! Here are a few reasons you might want to lease your next Mercedes-Benz:
- Switch to Latest Model Years: If you love enjoying all the latest features in a new car, leasing could be best for you. With a short-term lease agreement, you can easily switch to the newest model year when your current lease ends.
- Lower Payments: When it comes to a down payment, you probably won't have to pay as much since you aren't paying the full price of the vehicle. This can also lead to lower monthly payments.
- Higher Trims: Because you don't have to pay full price for a vehicle, you may be able to get a higher trim with more features.
-
What Are the Benefits of Buying?
Of course, buying your vehicle also has quite a few benefits. For instance, you have complete ownership of the car.- Customization: When you own the vehicle, you can customize it however you want. From adding accessories, painting it a different color, and more, you can do it all.
- Unlimited Mileage: When you lease a car, you can't exceed a certain number of miles. When you own it, you don't have those limitations or restrictions.
- Sell At Any Time: When you buy your vehicle, you're welcome to do whatever you want with it. So, if you want to sell it or trade it in for a new car, you can do so!
-
How Can I Start the Financing Process?
You can get started financing your own Mercedes-Benz vehicle when you stop by our finance center. You can also make use of our online tools, such as:
- Value Your Trade
- Finance Application
By applying for financing online, you can help us streamline the financing process.
Learn More About Financing Today!
Drivers of Lubbock and Amarillo, TX, are you ready to learn more about Mercedes-Benz financing? Our FAQ just scratched the surface. To get started or learn more, contact our team at Mercedes-Benz of Lubbock.
In no time, you'll be cruising the streets of Oklahoma City, OK, in your very own Mercedes-Benz model. See you soon!
-
When it comes to financing your own Mercedes-Benz, there are two common options. These are buying vs. leasing. When you buy a car, you're the owner. When you lease, you're renting it for a lease term.
Buying is a similar process, except you don't return the car. Because you're paying to own it, you'll be paying the entire cost of the vehicle through monthly payments. These payments will continue until the car is paid off completely.
Of course, buying your vehicle also has quite a few benefits. For instance, you have complete ownership of the car.
AdChoices