If you’re thinking about leasing a Mercedes-Benz car, you’re probably wondering how long the lease will last. Every leasing company is different, and while there is no set length to a Mercedes-Benz lease, the majority of leases tend to last the same amount of time.
Here at Mercedes-Benz of Annapolis, the friendly finance professionals at our dealership are happy to match you with a Mercedes-Benz lease that best meets your needs.
Short-Term and Long-Term Leases
One of the best aspects of leasing a Mercedes-Benz GLB or other model is that you can choose the length of your lease. They can be broken down into two broad categories, short-term and long-term leases.
A short-term lease lasts from 12 to 24 months, while a long-term lease can last anywhere from 36 to 60 months. Typically, the longest you can lease a car is 60 months, or five years, though most financial experts recommend shorter leases.
The Advantages of Leasing
One of the biggest decisions that you’ll have to make when getting behind the wheel of a new Mercedes-Benz car is whether you should lease or buy. Here are some of the benefits of leasing.
- Lower monthly payments: With a car lease, you only pay for what you use. Because of this, the monthly payment can be much lower compared to financing.
- No down payment: Leases do not require you to make a down payment. If you’d like, you can include what’s called a capitalized cost reduction, but that’s simply pre-paying the lease.
- Warranty coverage: Leased vehicle are covered by a new car warranty, which typically lasts during all or most of a lease term.
Here at Mercedes-Benz of Annapolis, we are happy to answer any leasing questions you may have.
Categories:
Finance
AdChoices