Is it Better to Buy or Lease? | Fayetteville, NC

Navigate the decision between buying or leasing a vehicle with Mercedes-Benz of Fayetteville’s list of pros and cons. Your Mercedes-Benz dealer near Fayetteville, Southern Pines, Pinehurst, Lumberton, and Raleigh, NC is prepared with everything you need to make your decision to buy or lease.

Let’s get down to the basics. With buying a vehicle, this vehicle is 100% yours. You have full ownership, meaning you can customize it how you want and you also have the freedom to sell or trade whenever you want. Leasing is a bit different in that you have limited ownership. With leasing, you will have the vehicle for a certain amount of time and make monthly payments on it. 

Buying Pros:

• Customize your vehicle how you want to

• The vehicle is fully yours forever

• No worries about mileage limits

Buying Cons:

• More expensive upfront 

• Depreciation when your new vehicle leaves the dealership

• Larger down payment

Leasing Pros:

• Vehicle coverage throughout the lease

• Low monthly payments

• No hassle with trade-in (You will simply return the vehicle when the lease is up)

Leasing Cons:

• You don’t fully own the vehicle

• Mileage limits

• You will always have a monthly payment

The Mercedes-Benz of Fayetteville team hopes the above information helps our Fayetteville, Southern Pines, Pinehurst, Lumberton, and Raleigh, NC customers narrow down their decision. We can assure you that with whatever decision you make, we’ll help get you set up! Call us with your questions at (910) 487-0000. To shop our inventory, visit us at 420 Glensford Drive, Fayetteville, NC 28314.