The idea facilities on buying the usage of a beforehand owned car from the Mercedes-Benz model via a leasing settlement. This association sometimes includes a contract the place the lessee makes periodic funds for a specified period in trade for the correct to function the car. A sensible occasion can be a shopper coming into right into a 36-month settlement for a three-year-old C-Class sedan, with month-to-month funds decided by the car’s residual worth and the negotiated rate of interest.
This monetary product affords a number of potential benefits. It permits entry to a luxurious car at a doubtlessly decrease month-to-month price in comparison with leasing a brand-new mannequin. Moreover, the lessee avoids the long-term depreciation danger related to car possession. Traditionally, leasing choices have been primarily confined to new automobiles; nonetheless, the market has developed to accommodate the demand for extra versatile and doubtlessly inexpensive entry factors into premium manufacturers.