Buy Vs. Lease: Mercedes-Benz C-Class

Buy Vs. Lease: Mercedes-Benz C-Class

We continue our series of Buy vs. Lease comparisons with the Mercedes-Benz C300. Mercedes-Benz typically offers a high residual value on its leases and more than half of Cartelligent clients choose to lease rather than buy their new Mercedes-Benz. See Which car brands do people lease or buy? The decision to buy or lease depends on a number of factors, including how long the vehicle will be driven. We'll look at three different scenarios at three years, six years and nine years to see how the situation changes with time. Cartelligent clients choose the Mercedes-Benz C-Class for its luxurious styling, state-of-the-art technology and responsive drive. For our sample C-Class, we've chosen a 2015 Mercedes-Benz C300 Sedan with leather seats and ash wood interior. Lease incentives and rates are accurate as of the time of writing, but may vary month to month. 2,500 down, 60 month loan at 2.99% interest. Vehicle is in very good condition at time of trade-in.

12,000 miles driven per year. 2,500 down, 36 month lease with a money factor of 0.00136. No excess mileage charges or wear and tear. 12,000 miles driven per year. This scenario assumes that the vehicle above is only driven for three years. In the purchase case, this involves trading it in at the end of three years and paying off the balance due. In the leasing case, the vehicle is returned at the end of the three year period. Because the car is covered by the warranty for the entire period, there are no repair costs in either scenario. 750/year in both scenarios. 325/month in payments. Finally, leasing saves the trouble of selling the vehicle and paying off the balance at the end of three years. In this short-term scenario, leasing is the clear winner. Mercedes-Benz also offers a pre-paid maintenance option that allows you to build maintenance costs into the lease.

900.00 over the term of the lease. In this scenario, the buyer either buys a new car and sells it six years later or leases a new car for three years and then leases a second car for the next three years. The purchased vehicle will have payments for the first five years and then will be paid off in the final year. It will only be under warranty for the first four years. 500/year. Both leased vehicles will be under warranty for the full six years. 2,500 if the pre-paid maintenance option is selected). Leasing offers the benefit of consistently driving a newer car鈥攊n this scenario the vehicle driven is never more than three years old as well as offering lower payments during the six year period. In this final scenario, the buyer either buys a new car and sells it nine years later or leases three new cars in succession for three years each. As in the six year scenario, the purchased vehicle will have payments for the first five years and then will be paid off for the remaining four years.

1,500/year for the final three years of ownership. All three leased vehicles will be under warranty during the nine years. Payments for the second and third leases will each be 5% higher than the previous with the same down payment. The disposition fee will be waived when the first two vehicles are turned in and another Mercedes-Benz is leased. 1,250/year). For those who are willing to drive the same vehicle for nine years, this represents a notable savings over leasing. Mercedes-Benz C-Class: Lease or Buy? The C-Class becomes more cost effective to buy than to lease after about five years for clients who don't mind driving an older car. For those who would prefer to drive a consistently newer vehicle or prefer lower monthly payments, leasing remains a cost-effective choice. Ultimately the choice is up to the individual and involves a thorough analysis of their personal circumstances. Whether you're considering a new Mercedes-Benz C-Class or any other vehicle, Cartelligent can help you get a great deal on exactly what you want.