Leasing vs Buying


One of the biggest decisions you'll have to make when buying your next ride is whether to buy or lease your favorite model. Each path has its own list of benefits that make it more appealing, but only one can be the right option for you. Luckily, our team here at Cavender Mercedes-Benz of Midland is here to help make that decision just a bit easier.

Below, we'll break down the benefits of both buying and leasing a car near Lubbock, Amarillo, and Oklahoma City, TX. Feel free to give us a call with any questions along the way!


The Benefits of Leasing


Leasing is a much more flexible way to get behind the wheel of your favorite Mercedes-Benz model. To start, it's treated more as a rental than a purchase, and doesn't require the same level of financial commitment whatsoever.

When you first sign your lease, you'll agree to a specific leasing period. Over that time, which can last anywhere from six months to three years, you'll only be responsible for the depreciation value of your vehicle. This means you're likely looking at significantly lower month-by-month payments.

Additionally, a lease gives you more options as a car owner. Not only are you only committed to a certain model for a short period of time, but you also have the freedom to drive something completely new for your next set of wheels.

Some other options you'll have at the end of a lease include:

  • Exchange for a new model or body style
  • Exchange for an upgraded version/new year model of the same vehicle
  • Drop off your vehicle and weigh your options
  • Purchase your vehicle at the end of its lease

Whether you want to purchase the vehicle you've fallen in love with, get the keys to something brand new, or simply take some time to make your decision, the choice is entirely up to you. That's the type of freedom you'll experience with a Mercedes-Benz lease.


The Benefits of Buying


Now, all of that isn't to say that a straight-up purchase of a Mercedes-Benz vehicle can't be the right move for you. In fact, buying has just as many benefits for car buyers.

To start, buying a vehicle is a much more straightforward and simple financing process. Once you've found your favorite model, all you have to do is make your payment, sign the papers, and then, the vehicle is all yours.

That in itself is arguably the greatest benefit to buying a car-the vehicle is entirely yours. This means you can customize and modify it any way you want, while a leased vehicle is expected to be returned the way it was initially signed for. It also means you won't have to adhere to any lease restrictions, such as a mileage cap.

Purchasing a Mercedes-Benz vehicle may be a more financially efficient way for you to get behind the wheel of your favorite model.


Buying or Leasing with Our Finance Center


Whether you've made the crucial buying vs. leasing decision or not, the team of experts at our finance center will always be here to help. In just one quick meeting, you can determine which buying path is right for you-and how your budget can help you buy or lease one of our Mercedes-Benz vehicles.

We can also help you buy or lease from the comfort of your home. Our online financing suite offers up a variety of helpful tools, such as:

At any point throughout the process, our financing experts will be happy to help you determine whether buying or leasing makes the most sense for you. Just give us a call and we'll answer all your most pressing questions!


Buy or Lease Your Favorite Mercedes-Benz Today!

Once you've set your sights on the Mercedes-Benz model of your dreams, our team will be there to quickly and conveniently get you behind the wheel. Whether you plan to buy or lease, our team at Cavender Mercedes-Benz of Midland will have you out on the streets of Lubbock, Amarillo, and Oklahoma City, Texas, in no time. Contact us today!

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Contact

Mercedes-Benzof Lubbock

1702 Texas Ave
Directions Lubbock, TX 79401

  • Sales: (806) 749-2369
  • Service: (806) 224-2889
  • Parts: (806) 766-8284

Hours

  • Monday 9:00AM - 8:00PM
  • Tuesday 9:00AM - 8:00PM
  • Wednesday 9:00AM - 8:00PM
  • Thursday 9:00AM - 8:00PM
  • Friday 9:00AM - 8:00PM
  • Saturday 9:00AM - 8:00PM
  • Sunday Closed