Mercedes-Benz Financial Services - Tallahassee, FL
Mercedes-Benz Financial Services - Tallahassee, FL
Here at Capital Eurocars we offer our customers in and around Tallahassee and Quincy, FL, Valdosta, Thomasville, and Bainbridge, GA a full range of financing options. These options are designed to help you get into the new Mercedes-Benz model of your dreams by either financing it or leasing it with payments you can easily afford. If you are not sure of whether leasing or financing your next new Mercedes-Benz vehicle is the best option, consider the difference listed below very carefully.
Mercedes-Benz Lease Program
Serving the Tallahassee FL, Thomasville GA, and Valdosta GA Areas
At one time vehicle leasing programs were considered the realm of businesses who operated large fleets of vehicles. Today leasing a vehicle has become one of the most popular ways to obtain a brand new vehicle for our customers.
A lease is described as an agreement formed between the lessee (our customer) and the lessor (Mercedes-Benz). This agreement is designed to last a specific number of months and typically includes a predetermined number of miles. At no point in time during the lease period does the lessee own the vehicle, however you do have the right to buy the vehicle at the end of the lease. The Mercedes-Benz lease program has been designed to be flexible in terms of the number of months and mileage included in the lease.
Typically the monthly payments in a lease are lower than those in found in a standard auto loan. These payments typically cover only a portion of the value of the vehicle and are designed to include depreciation, taxes, fees, and any rental charges. However, you should be aware that you must make all required payments and do not have the option to pay off your lease early.
There are a number of upfront costs that typically include your first month's payment, any required down payment, miscellaneous fees, and a lease acquisition fee. Should you drive more miles than included in the lease, you may end up with mileage charges. For those who are leasing a vehicle for business purposes, there may be certain tax advantages worth taking advantage of.
Financing Your Next Mercedes-Benz
At Capital Eurocars we offer a number of financing options and have access to a wide range of local and national lenders. Our group of lenders include a number who are willing to work with customers who have less than perfect credit.
When you finance your next Mercedes-Benz the payments are likely to be higher than those found in the typical lease tend to be. This is in part because you are paying the full price for your new Mercedes-Benz along with interest, any finance charges, and the fees and taxes. At the same time you will be building equity in your new vehicle, something that does not happen when leasing a vehicle.
When financing a vehicle, you are not locked into a set period of ownership and when you make the last payment, you will be the owner of the vehicle. You may face a number of upfront costs such as a down payment, registration fees, taxes, and miscellaneous other charges.