Buying VS. Leasing

Open Today! Sales: 9am-6pm
Call us at: 563-445-4305

Buy Vs. Lease

Decide What’s Best For You

When it comes to buying or leasing a car the options can be confusing. To help you make an informed decision we have provided the information below. Be sure to visit the Finance Center to learn about financing options for your new Mercedes-Benz and check out the specials page to see the different lease offers. We hope you find it informative and useful.

Learn More

Buying

You own the vehicle and get to keep it as long as you want it.

Leasing

You don’t own the vehicle. You get to use it for a finite period of time, and usually for a limited number of miles.

Buying

If you are financing, there can be a down payment ranging from zero to several thousand dollars plus other fees.

Leasing

Down payments can range from zero to several thousand dollars, plus other fees.

Buying

Can be higher than lease payments, but does allow you to gain equity in the vehicle.

Leasing

Monthly payments can be lower with a lease payment, because the bulk of payments are covering depreciation.

Buying

If you decide you don’t want the vehicle any more, you can sell it or trade it in on another one, however any financing left on the vehicle will remain.

Leasing

Ending a lease early will result in early termination fees, up to the remaining balance of the lease terms.

Buying

There are no mileage limitations, keeping in mind the higher the mileage, the less value it will retain.

Leasing

Leases have language that limits the number of miles allowed during the lease term. Going over this number will result in additional fees.

Buying

When you are ready to move on, once payments are finished you can either sell your car or trade it in on another, again depending on if there is a balance owed.

Leasing

When your lease is up, you turn the car in, you walk away, start over with another vehicle, or if you like your vehicle you have the option of financing it.

Lujack Motorwerks is located at: 3602 N. Harrison St • Davenport, IA 52806
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563-445-4305

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3602 N. Harrison St • Davenport, IA 52806

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Today's Hours:

Open Today! Sales: 9am-6pm

Open Today! Service: 7:30am-3pm

Open Today! Parts: 7:30am-3pm

Lujack Motorwerks

3602 N. Harrison St Davenport, IA

Phone: 563-445-4305

http://maps.google.com/?q=3602%20N.%20Harrison%20St.%20Davenport%2C%20Iowa%2C%20Davenport%2C%20IA%2052806

Parts

Phone: 563-445-4745

3602 N. Harrison St Davenport, IA

Sales

Phone: 563-445-4305

3602 N. Harrison St Davenport, IA

Service

Phone: 563-445-4841

3602 N. Harrison St Davenport, IA
41.556656 -90.578448
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Lujack Motorwerks
Lujack Motorwerks
3602 N. Harrison St
Davenport, IA, 52806 US
563-445-4305
https://di-uploads-development.dealerinspire.com/lujackmotorwerks/uploads/2019/01/thumbnail.png
Lujack Motorwerks 41.556656, -90.578448.