Buying vs Leasing a Mercedes-Benz Vehicle in Long Island City, NY
Everyone dreams of owning that brand-new luxury car they've had their eye on. Nothing feels better than sinking into a comfortable seat and driving off a lot with a fantastic vehicle that's your very own. However, the question is, how will you pay for that new Mercedes-Benz vehicle you want? Will you buy it or lease it?
Everyone has their own opinion on which choice is the better option. However, you need to find out which choice is better for your financial situation when weighed against the positives and negatives of both sides. Do you choose financing or leasing? What are the benefits of buying a Mercedes-Benz vehicle? What are the benefits of leasing a Mercedes-Benz vehicle? Let's take a look at the comparisons we've made here at Silver Star Motors to determine which option is the correct choice for you.
|Fully yours upon completed payment.||Ownership||Yours for the duration of the lease contract. Owned jointly with the dealership.|
|Larger total payment over time. Financing options are flexible for individual payment periods.||Payment Method||Fixed rate of payment over the period of your lease contract. Lesser cost, but not flexible.|
|The vehicle is 100% yours, so you can make any changes you wish to it.||Customization||Custom changes to the vehicle are not allowed as you are not the sole owner.|
|Warranty options are entirely up to you as the owner of the vehicle.||Warranty||Offered under most lease contracts.|
Buy or Lease a New Mercedes-Benz at Silver Star Motors
To summarize, buying means that the car you choose is fully yours. When payment is finalized you can do whatever you want to it. This means you have a ton more options for personalization. This also allows for much more flexible payment options.
Meanwhile, leasing means you only own the car for the duration of the contract. After that, it's back to being owned by the dealership. This means you can't customize your car and you don't get as many options for payment and personalization.
However, this means your lease payments are much less compared to financed payments and that you can lease a completely different car once your current contract is done. You're not locked into one vehicle if something goes wrong or if you don't like the model you picked.
Whether you're looking to lease or buy, there's plenty of options to find at Silver Star Motors. You can pick from the affordable 2018 Mercedes-Benz CLA coupe, the large and sturdy 2018 Mercedes-Benz GLS SUV, and even the 2018 Mercedes-Benz S-Class full-size luxury sedan among many more fashionable and award-winning models.
If you're ready to get started on your search, we encourage you to contact us here at Silver Star Motors. We can be contacted by phone or on location. Silver Star Motors is located in Long Island City, New York within the borough of Queens. Don't wait, and get yourself behind the wheel of the Mercedes-Benz of your dreams!