Mercedes-Benz Leasing and Auto Financing in Collierville

If you're a seasoned Mercedes-Benz driver, perhaps you always have the urge to acquire the latest model, and if you're not, here's your chance to finally try it out. However, while you may be finally ready to take home the legendary vehicle of your dreams, you may wonder what steps to take.

In essence, you can acquire a Mercedes-Benz in two ways-leasing or financing. We'll review the advantages and disadvantages of leasing and financing your selected Mercedes-Benz model so that you can make an informed decision based on your needs, preferences, and financial situation.

Visit us at Mercedes-Benz of Collierville near Memphis to learn more about these two options and take your selected ride for a spin.

Buying: Pros and Cons

It's best to buy a Mercedes-Benz only if you can afford it and plan to keep the vehicle for several years. When the debt is settled, you own the vehicle outright and can use it however you like. You'll have no zero restrictions for decorating or modifying, etc.

What could be more enticing? The moment you sign the title to your new Mercedes-Benz, it becomes your personal property, free for you to customize it. You can build your vehicle with restrictions.

Also, you can go wherever you want around Olive in your Mercedes-Benz without being limited by the dealership you purchased it from in terms of either mileage or time. Moreover, if you want to upgrade or get tired of your vehicle, you could always resell it since there's no legally binding lease contract.

Having to deal with the vehicle's depreciation is the only real drawback to purchasing a Mercedes-Benz. Your vehicle's resale value may decrease as it ages, so you might not get back what you put into it.

Leasing: Pros and Cons

If you can't afford to buy a Mercedes-Benz outright, want to upgrade your ride for a lower premium, and don't want to deal with regular maintenance and repairs, leasing may be the best option.

Leasing a Mercedes-Benz in Branch, MS entails striking a deal with a vehicle dealership to use one of their vehicles for a set period at a reduced monthly rate.

It eliminates the need to account for depreciation. At your lease's end, you will have the option of returning your Mercedes-Benz and either starting another lease on a brand-new model or buying your leased vehicle.

Besides, you'll not be responsible for long-term repairs and maintenance. Depending on the terms of your service agreement, the dealership will handle routine maintenance and minor repairs.

But leasing isn't without its caveats. The first is a cap on annual mileage. Second, you can't make any changes to your vehicle. Third, you may have to pay extra if the vehicle is significantly damaged at your lease's end. And number four, you still don't own the vehicle outright even after all the payments are made.

Visit Us to Learn More

When looking to buy or lease a Mercedes-Benz, our Germantown dealership is a great place to start. We have a large selection of Mercedes-Benz models, such as luxury SUV and sedan options and our staff is knowledgeable and eager to assist you in making your selection. We'll discuss the technical terms under each option and answer all your inquiries.

Expert financial consultants in our Finance Center help you get the best possible financing and lease terms. We offer the industry's best warranties to ensure you have a positive experience with your premium Mercedes-Benz, both now and in the future.

Come in today at our dealership in Collierville to take a spin on a Mercedes-Benz vehicle to see if it's right for you.