Should I Buy or Lease?


After finding their next vehicle at Mercedes-Benz of Rockville Centre, many drivers have one question for our finance team: “Should I buy or lease?” Whether you’re from Garden City, Baldwin, or right here in Rockville Centre, the answer to that question is “it depends.” Read on as we break down the difference between financing and leasing, offering a few tips for drivers on which might be best for them.

First Class Financing

When driving a first class vehicle, you deserve first class financing. Here are a few highlights of financing your new vehicle instead of leasing it:

  • Ownership: Each monthly payment puts you one step closer to owning your vehicle, allowing you to modify it or sell it once it’s paid off. You can also get ahead on payments and pay less interest overall.

  • No Mileage Limits: Since you will own your new vehicle when it’s paid off, you will also own any depreciation and are not limited on how much you can drive.

  • End of Term: Once your last payment is in, you’re done, the car is yours. Maybe you’ll want to trade it in, or perhaps you’ll drive it well into retirement; the choice is yours.

Financing to own is a great option for drivers who are looking to make an investment or who plan on putting the miles on their vehicle. We offer finance plans that vary from 24 to 72 months, helping you find the one that’s best for your budget.

First Class Leasing

If you’re a driver eyeing a luxury vehicle, there’s a good chance you car about the finer things in life, and it only takes a few years for a car to go from “one of the finer things” to “an older model.” Our first class leasing gives drivers an option to stay behind the wheel of recent models at a low price.

    Car Dealership

  • Pricing: Leasing a vehicle means paying less than financing it, as you’ll only be paying for the depreciation. Invest those savings elsewhere or step up to a nicer model.

  • Ownership: Leasing your vehicle may mean you don’t own it, but that also means you won’t own the repairs on it – most least terms are shorter than warranty terms.

  • End of Term: When your lease it up, you simply bring your vehicle back to us, and we can set up a lease on a new vehicle, upgrading you to the latest Mercedes-Benz has to offer.

Leases are smart options for drivers who like to have the latest vehicles in their garages without the worries that come with ownership – and while there are mileage limits, we customize them to fit your driving profile to avoid worries about mileage.

Find Your Vehicle at Mercedes-Benz of Rockville Centre

Now that you know the key differences between buying and leasing, we hope you can answer “should I buy or lease?” Of course, a member of our finance team will be happy to go over all of the specifics with you when you visit Mercedes-Benz of Rockville Centre for your test drive. In the meantime, if you have any questions, don’t hesitate to contact our dealership – and remember that you can fill out your finance application online first.