Should I Lease or Buy a New Mercedes?
April 16th, 2008
Reader Question My husband wants to lease a new Mercedes, not buy it like I am used to doing. Should we consider leasing this type of high end luxury vehicle or should we just buy it out right like we are used to doing?
Rose,
NYC NY
Hey Rose, I was shocked to find out that approximately 75% of luxury cars are leased. After a temporary slowdown during the last few years because of aggressive zero-percent loan programs, leasing is once again growing in popularity.
Approximately 75% of luxury cars are leased. After a temporary slowdown during the last few years because of aggressive zero-percent loan programs, leasing is once again growing in popularity.
You might want to talk to your tax adviser about weather leasing or buying is in your best interest…but leasing is not a bad idea for the type of high end vehicle you are looking into. Best of luck
Don,
San Jose, CA
Entry Filed under: Car lease financing
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