Is It Worth Taking A Mercedes For Lease?

Posted by danial martin on November 11th, 2021

You finally got that dream Mercedes Benz that fits your lifestyle and driving passion. Now what next?

Typically, you will decide whether to buy the vehicle outright or have a Mercedes for lease. Both are ideal options to fulfil your dream of getting behind the wheels of this exotic car. However, they both work very differently – how much you need to pay, what are your options, how you will drive the vehicle, what are the terms & conditions, etc. Whichever option you choose, take a test drive of the car to ensure it fulfils your expectations. Until then, let’s understand whether to buy or lease a Mercedes Benz.

Why Buy a Mercedes Benz?

If you aspire to be the proud owner of a luxurious Mercedes Benz and ride it for the long term, then buying is an ideal choice for you. To purchase a brand new Mercedes Benz, you get two options – pay the entire sale amount upfront or get an auto loan from a bank or financial institution. When you get the car financed, you are technically the owner of it. So, you can make post-purchase customisations like adding an accessory, getting a paint job done, etc.

Financing a Mercedes Benz would require you to make an initial down payment which is usually a certain percentage of the total price of the car. After this, you need to make monthly instalments until the car is totally paid off. Other costs involved in buying a Mercedes Benz are vehicle registration fees, insurance, accessories, and many more. As such, the total cost you incur is often much more than the price of the car.

However, at the end of the financing period, the ownership of the vehicle is completely yours and there are no limitations on miles you drive, wear & tear, etc. But at the same time, the hassles and cost of repair & maintenance, insurance renewal, resale, etc. lie with you. Additionally, the resale value you get for an old Mercedes is much lower than what you buy.

These are some of the limitations of buying why people choose luxury car leasing.

Why Choose Mercedes Benz Car Lease?

Are you a die-hard fan of Mercedes Benz and want to drive a new model every time? Do you want to experience driving this prestige car for pleasure or commercial purposes but without breaking the bank? In that case, leasing is the right option for you.

With a Mercedes Benz car lease, you get to drive the car for a specific time period, say 1-3 years, and make monthly payments during this lease term. However, the amount you pay is much lower than EMIs you pay for getting new car finance when you buy. At the end of the lease period, you get the option to switch the current vehicle with another model of Mercedes Benz. This way, you can drive a new car every 1-3 years.

Of course, you do not own the car with a lease or get a brand new Mercedes Benz to drive every time. However, premier luxury car leasing companies assure providing only the best-quality vehicles, each maintained immaculately to deliver a top-notch driving experience. Typically, they own the fleet and do not use pre-used cars. These vehicles are then provided on lease for various purposes.     

An intriguing aspect of a prestige car lease like Mercedes is you do not need to face the hassles of maintaining a luxury car – paying for costly repairs & maintenance, buying insurance, making customisations or finding a suitable buyer to sell the car. And unlike a loan, the down payment and the monthly instalments with a car lease are typically lower.

However, there are some additional costs too. You may require paying extra money for excess miles you drive, wear & tear, or damages caused to the vehicle during the lease period. Other than that, if you are considering a cheaper, short-term & low-commitment option, then a car lease in London is the best choice.   

To have the best leasing experience, make sure you choose a trusted company that offer professional services with affordability. Check their fleet of Mercedes Benz and ensure the vehicles are in superb condition. Understand their lease terms and compare the deals online to grab the best offers and reliable Mercedes Benz luxury car leasing services in London.