Mercedes Benz: Things To Consider When Buying
Few things can bring joy to your time on the road like putting yourself behind the wheel of a luxury car
. Though it isn't the only one on the market, Mercedes Benz has long been one of the finest names in the industry when it comes to cars that are much more than simply "transportation from point A to point B". Of course, even the longest history of quality and craftsmanship doesn't mean you can afford to let your guard down when buying a new or used vehicle. Here are some things to consider before you sign on for a loan or lease.
New or Used
Many car drivers have begun to shy away from buying new vehicles, even when they come with the Mercedes Benz seal of quality. The problem is that a new car begins depreciating the moment you drive it off the lot. Unfortunately, this problem is compounded when it comes to vehicles in the luxury class. If you want to save some money while still getting a car in immaculate condition, you might want to think about getting a gently pre-owned car. One with even a few thousand miles will be much cheaper than something brand new from the factory. Of course, if money is no object, than buying new has its advantages as well.
The Lease
Luxury vehicles likes the Mercedes Benz are leased far more often than cars of the economy class. There are a few reasons for that. One, because a car is by definition a depreciating commodity, those who are wise with their wealth don't necessarily want to tie up a lot of their cash in a poor investment with no ROI. A lease allows them to enjoy the luxury of driving such a vehicle without the giant down payment. Some drivers can also find tax advantages if leasing the car for business purposes.
Reliability
Remember, even cars with the Mercedes Benz logo can break down. And when luxury, foreign cars break down, it can be challenging to find a good repairman for a decent price. These cars use specialty parts and often require a more sophisticated level of expertise to work on them. This means you may be stuck taking your car to the dealership for repairs, which is almost always the most expensive option. If you're going to buy new, this isn't as big of a concern, since you will have a manufacturer's warranty to rely on for a few years. Buying used, however, you need to think about what you're going to do in case of trouble.
by: Alfred Ardis
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