Should you buy or lease a new Mercedes-Benz SUV near Chandler, AZ? That’s what we’re here to find out! Check it out below.
Pros vs Cons of leasing or buying a new luxury SUV
Pros and cons of leasing
- Pro 1: You won’t need a large down payment
- Pro 2: You can frequently change vehicles as newer models are released
- Pro 3: Oftentimes you’ll have a smaller monthly payment
- Con 1: You’ll have a mileage limit
- Con 2: You’ll either have to buy out the car when the lease ends or give the car back
- Con 3: It isn’t yours, so you have to be extra careful with every scratch, dent, or ding
Pros and cons of buying
- Pro 1: The vehicle is yours so you won’t have to worry about stains, tears, or scratches
- Pro 2: You won’t have to watch your mileage on the car
- Pro 3: You can sell your car
- Con 1: You’ll need to put more money down
- Con 2: You’re stuck with whatever model you’ve chosen, and therefore might miss out on newer technologies
- Con 3: You’ll most likely have a higher monthly payment
Read more: New Mercedes-Benz summer lease deals in Scottsdale, AZ
Lease or buy new SUVs in Scottsdale, AZ
Now that you know a bit more about the pros and cons of buying and leasing vehicles here in Arizona, we encourage you to contact your friendly Mercedes-Benz of Scottsdale today. Our team would be more than happy to help you determine which can help you with that as well. So, get in touch with your friendly Mercedes-Benz of Arrowhead today to learn more about buying and leasing your new car. We look forward to hearing from you!
Don’t forget to check out our blog for additional information not only about the finances of buying a car but also about the vehicles themselves period from research pages and comparisons to learning more about the powertrain and space of the model line up here at Mercedes-Benz of Scottsdale, there is plenty of information to help you search for your new car. So, don’t wait to get in touch with us! Our team is here to help.