MENU
CALL US FIND US

Buying vs. Leasing – What’s the Difference?

If you’re like most folks in Staten Island or East Brunswick shopping for a new vehicle, then there’s a good chance that you’re working on a budget. This means you probably won’t be paying for your new car up front. Instead, most people who shop here at Mercedes-Benz of Edison will choose to finance or lease their new vehicle.

2017-C300-Coupe

Benefits of Buying

Many people who come to our dealership from New Brunswick and the surrounding areas want to finance their vehicle. There are a variety of different advantages, including:

  • Ownership – Each monthly payment you make on a financed vehicle is helping you build equity. By the time you finish paying off the vehicle – usually 36, 48, or 60 months – you’ll own the car outright.
  • Customization – When you own your car, you can do what you want with it. Add a custom paint job, put in a custom stereo system, or install performance-enhancing equipment. You won’t be penalized for making it your own.

Benefits of Leasing

The other option is to lease a vehicle. With this option, you borrow the car for a period of time and have the option to purchase it or return it when the lease term is up. There are also a variety of different advantages to leasing as well:

  • Affordability – In general, vehicle leases come with lower down payments and lower monthly payments. This means that you can afford to drive a nicer vehicle for less, while keeping more money in your account every month.
  • Newest Features – Leases usually come with shorter terms than financing plans, usually 24 or 36 months. This means that as soon as your lease is done, you can bring it in and get a new lease on a vehicle with the latest technology, performance, and design features installed.
Grey-Metallic-Mercedes-Benz

Explore Your Finance Options at Mercedes-Benz of Edison

Which is the better option for your next car? Visit Mercedes-Benz of Edison to take a test drive and chat with our finance staff about the differences between financing and leasing. Contact us to learn more or visit our showroom in Edison.

More from Mercedes-Benz of Edison

  • Cooking for a Cure with Ray Catena Mercedes-Benz of Edison

    Cooking for a Cure with Ray Catena Mercedes-Benz of Edison Saturday, October 24, 2020 11 am – 3 pm Cooking for a Cure is almost here! Join Ray Catena Mercedes-Benz of Edison this Saturday, October 24, from 11 am to 3 pm for a socially distant fundraiser benefiting Komen New Jersey — with homemade food,…

    Read More

  • Speak Italian?

    Here at Ray Catena Mercedes-Benz of Edison, we have a diverse group of sales representatives waiting to assist you. From some that speak fluent Italian, to those who can speak Russian, Spanish, Arabic, and even Mandarin, there is someone here for everyone. Our goal is create the best possible sales or leasing experience possible for…

    Read More

  • Ray Catena Mercedes-Benz of Edison Spanish TV Commercial

    Read More

Filter Results
Saved Vehicles

SAVED VEHICLES

You don't have any saved vehicles!

Look for this link on your favorites:

Save

Once you've saved some vehicles, you can view them here at any time.

Contact Us

732-549-6600

Call Now

Dealership - 910 U.S. 1 North, Service - 123 Main Street • Edison, NJ 08817

Get Directions

Today's Hours:

Open Today! Sales: 9am-8pm

Open Today! Service: 7:30am-7:30pm

Open Today! Parts: 7:30am-7:30pm

Mercedes-Benz of Edison 40.5158865, -74.3738845.