When you are ready to drive home in a new Mercedes-Benz, it is important to know your options. At Mecedes-Benz of Tuscaloosa, we want you to be able to make an informed decision. At our dealership, you can lease or purchase your vehicle of choice. Here is how those options compare to one another.
Leasing vs. Purchasing at Mercedes-Benz of Tuscaloosa
What is Leasing?
When you lease a vehicle, you make monthly payments to our dealership to be able to drive your dream car. The leasing period usually lasts 36 months, though the timeframe can vary depending on the vehicle. At the end of the lease, you can return the leased vehicle, trade it in for a new model to lease, or buy it.
What is Purchasing?
When you purchase or finance your vehicle, you take out a loan to pay for it immediately. You then pay back the loan in installments over a period of time, with interest added. Once the loan is paid off, the vehicle belongs completely to you.
What are the Pros and Cons of Leasing?
Leasing a vehicle lets you drive a new car without having to make a long-term financial commitment. Leasing a vehicle is also a great option if you enjoy driving a new vehicle every few years. However, when you lease a vehicle you can't make modifications and you have to stay under mileage limits.
What are the Pros and Cons of Purchasing?
Financing a car lets you take ownership of it. You can make modifications and you don't have to worry about mileage limits. However, some customers might prefer not having to take out a loan.
Buy or Lease a New Luxury Vehicle at Mercedes-Benz of Tuscaloosa
At Mercedes-Benz of Tuscaloosa, we know that a new vehicle is much more than just a mode of transportation. A new car is part of your story. Everyone has a story and we want to be a part of it. When you visit our dealership, you can get outstanding service from our enthusiastic and helpful staff. You can see why our motto is "Service, Integrity, Community." To learn more about leasing or purchasing your next vehicle, contact us!
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Mercedes-Benz of Tuscaloosa
3200 Skyland Blvd. E
Tuscaloosa, AL 35405
- Sales: 205-556-1111
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