The phrase refers to agreements permitting people to make the most of a selected mannequin of luxurious sport utility car manufactured by Mercedes-Benz, the GLC 300, for a predetermined interval and below outlined monetary phrases, with out outright possession. These preparations usually contain decrease preliminary prices in comparison with buying and might embody choices for upgrading to newer fashions on the lease’s conclusion. For example, a shopper would possibly enter an settlement to drive a 2024 GLC 300 for 36 months, paying a month-to-month payment and adhering to mileage restrictions.
Such contractual agreements supply a number of benefits. The lessee advantages from driving a present mannequin car, typically geared up with the most recent expertise and security options, with out the long-term monetary dedication of possession. These agreements may also simplify car upkeep, as routine servicing is often included. Traditionally, these preparations have turn out to be more and more well-liked as shoppers search extra versatile and reasonably priced entry to premium automobiles.