Is it worth it to lease a Mercedes-Benz?
Taking out a lease on a brand-new Mercedes is worth looking into if you want a low monthly payment. This brand also has a high residual value, making it the perfect choice for a lease. Prior to signing a lease agreement, you want to inquire about your mileage limits, end-of-lease fees, and the taxes you’ll have to pay.
What credit score does Mercedes require for a lease?
700
Your credit score can range from 850 to 300.. Any score below 620 is designated as “subprime”. On average, the minimum credit score required for leasing a car or SUV is 700.
How long are Mercedes leases?
When you lease, you’ll be able to get a new vehicle every two to three years (typical lease term 24-36 months). Plus, shorter lease cycles allow for leasing of new vehicles with the latest technology.
Is maintenance included in a Mercedes lease?
No Worries About Maintenance or Repairs When you lease a vehicle, you never have to worry about maintenance or repair costs. Leased vehicles are under factory warranty coverage, and most lease terms even cover things like oil changes and brake replacement. All you have to pay for is the fuel.
Can I end my Mercedes lease early?
If you return your vehicle early (prior to maturity), you will be responsible for the above charges as well as remaining payments. Please review your lease agreement for additional details. Also, for more details, contact your Mercedes-Benz dealer or the Mercedes-Benz Financial at 1-800-654-6222.
Is it possible to lease a new Mercedes Benz?
Yes, you can negotiate a leasing deal on a new Mercedes-Benz. It just takes some legwork. Call, text or email the leasing department of local dealerships and ask for prices on the inventory you’re interested in. Be sure to ask about the initial payment (or first payment) amount and any incentives, finance deals or specials.
Is the Mercedes Benz Metris available for lease?
The 2021 Mercedes-Benz Metris is also available for lease, and gives you more seating flexibility than a two-row SUV. For well-qualified lessees, signing a lease can be a great financing alternative.
When does it make sense to lease a car?
Leases make sense if you only need a car for a defined period of time, such as a two-year job assignment. Or, let’s say you need to replace a car now but your family is growing and you know you might need a bigger car in two or three years. A lease can help you bridge that time period.
What happens when you buy a Mercedes Benz?
With a lease, you’ll typically have an equal or lower monthly payment compared to purchasing a vehicle. Once your lease ends, you can return or buy your vehicle, or you may be able to extend your lease.