| | LEASING | FINANCING | BALLOON FINANCING |
Payments
| Little or no down payment is required.
Leasing may offer tax advantages if the vehicle is for business purposes.
| When you buy, the required insurance limits for liability and property damage are usually lower than when you lease. | The monthly payments are less than traditional financing thus providing more monthly disposable income.
Good for customers interested in tax depreciation (please consult your tax advisor). |
Lifestyle
| You can tailor your lease an yearly mileage allowance to fit your driving habits.
Enjoy driving a new vehicle every few years. | You do not have yearly mileage limits.
You can modify your car any way you like with non-factory accessories. | You own the vehicle and have most of the same benefits as traditional financing.
You can modify your car any way you like with non-factory accessories.
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End of Term & Ownership
| Leasing means there is no hassle with trading-in or selling your vehicle. | A Mercedes-Benz has a higher than average resale value and in buying, you are buildin equity toward ownership.
You can sell it at any time, under your own terms. | A Mercedes-Benz has a higher than average resale value and in buying, you are building equity toward ownership.
You can sell it at any time, under your own terms. |
