Is it better to lease or buy a car ,I am looking at Merc E 350 and leasing seems tempting?

Answer 1

This is simple. Overall, the best economic choice is to buy the car. Time after time you'll see this result reported in newspapers, auto magazines, etc. If, on the other hand, you haven't the larger money up front required to buy, or are pretty sure they'll be repossesing the vehicle soon anyway, you'll probably want to lease.

People who say, "Well, I'll be wanting a new car in 24 months anyway (or 36, or whatever), so I'll just lease," are simply lazy. It takes some effort to sell a used vehicle; this argument permits them to rationalize losing a lot of money by claiming it's more "convenient." The same goes for those who "trade in" their current vehicle on a new one. A vehicle in good to excellent condition can bring as much as twice the purchase price as compared to the "trade in" value a dealership will offer you. BUT, if you're made of money, for heaven's sake, lease and trade.

Answer 2

Actually if you look at the car maker web sites leasing is cheaper. People don't know why people want to lease. Some people don't want the hassle of owning the car. Buying, Leasing same difference your still making payments. You don't own the car until the last payment is made. I lease so I can have a new car about every three years. I never have to pay for maintenance because the car is under warranty. When I want to get rid of the car I go to the dealer and turn it in and get a new one. Who want to be stuck with an old car with high mileage. When you try to sell it, it's worth nothing.

Answer 3

buy a car, i dont see why people lease cars there entire life, all you are doing is wasting money, just buy one

Answer 4

i think if you have enough money, to just buy the car in full. that way its yours and you dont have to think about the payments.