Should I Buy or Lease?

Mercedes-Benz C-Class Parked in Front of Home

Once you decide you’re in the market for a new vehicle, the next thing to consider is which is the best financial path to take. The best course of action depends on the individual when it comes to leasing vs. buying. There are multiple benefits to buying and leasing, but think about what your needs are, what you can afford, and what you want. Let’s take a look at the benefits that come with financing and leasing so you can answer the question, “Should I buy or lease?”

Benefits of Buying

  • No Mileage Restrictions: If you’re driving goes beyond local trips around Stittsville-Kanata, buying may be a better fit. Without the mileage limits you get on a leased vehicle, you’re free to hit the road as much as you’d like.
  • Total Ownership: When you purchase a vehicle, there are no restrictions on how it’s modified, decorated, etc. It’s yours to do with as you wish.
  • Customization: When you want to create the vehicle of your dreams, buying a vehicle allows you to customize your ride to your heart’s content.
  • Ability to Sell: Since you’re not locked into a lease agreement, you can opt to sell your vehicle whenever you choose.
  • Financing Options: While leasing isn’t a massive headache, the car financing process is generally more straightforward. You can also opt to refinance your loan to lower your interest rate and monthly payments.
  • Less Cost Over Time: Though the upfront costs can be higher when buying, the actual cost of ownership goes down over time.
Mercedes-Benz E-Class Front End Parked in Front of Home

Benefits of Leasing

  • Lower Payments: Whether it’s monthly payments or down payments, payments are normally lower when leasing.
  • Less Sales Tax: In most provinces, leasing a vehicle drastically lowers sales tax. In some areas, you only have to pay tax on the amount you put forth in the down payment and for the monthly payments.
  • Trade-Ins: Once your lease agreement is up, getting your next leased vehicle is easy. Simple head to your local Ottawa dealership, pay any remaining fees, and drive away in your next vehicle of choice.
  • Great Coverage: Warranty coverage and maintenance is a breeze when leasing. As long as you don’t go over the mileage limit, any issues should be covered.
  • Options: Leasing allows you to update models every few years so you always have access to the latest features. Not only that, but due to the lower payments and upfront costs, you may be able to get into a trim level you couldn’t otherwise afford.
Mercedes-Benz GLC Driving

Explore Leasing and Financing Options at Star Motors of Ottawa Mercedes-Benz

Whether you choose to lease or finance will depend highly on your circumstances and needs. Need more help weighing your options? Speak with an expert at our finance centre who can go through your personal circumstances and help you decide which is the best fit.

More From Star Motors of Ottawa Mercedes-Benz

  • Join Us for the 4Cs Silent Auction and Fundraiser!

    What’s better than cool cars, coffee, and charity? Nothing! Join Star Motors of Ottawa at the 4C’s Silent Auction, a fundraising event supporting the Ottawa Royal Hospital Foundation for Mental Health hosted by Dr. Hassan G. Moghadam DDS, M.Sc, FRCD(C) of the Ottawa Hospital and McGill University. The event is held on October 19th between…

  • Closed Monday, September 2nd, for Labour Day

    Ladies and Gentleman, Star Motors of Ottawa will be closed on Monday, September 2nd, 2019 in observance of the Labour Day weekend. We will resume regular business hours on Tuesday, September 3rd. The Star Motors team would like to wish everyone a safe and happy long weekend! Sincerely, The Star Motors of Ottawa team!

  • What Are the 2019 Mercedes-Benz GLS Dimensions?

    The full-size 2019 Mercedes-Benz GLS can easily seat seven while still providing an ample amount of cargo space for carrying everything from suitcases to gear. Paired with a selection of performance features, the new Mercedes-Benz GLS measurements, cargo capacity, and space-saving features are sure to impress compared to competitors like the Audi Q7. Not to…

Saved Vehicles ×


You don't have any saved vehicles!

Look for this link on your favorites:


Once you've saved some vehicles, you can view them here at any time.

Contact Us ×

(613) 737-7827

Call Now

400 W Hunt Club Rd • Ottawa, ON K2E 1B2

Get Directions

Today's Hours:

Open Today! Sales: 8am-8pm

Open Today! Service: 7am-6pm

Open Today! Parts: 7:30am-5:30pm

Star Motors of Ottawa Mercedes-Benz

400 W Hunt Club Rd Ottawa, ON

Phone: (613) 737-7827


Phone: (613) 737-7827

400 W Hunt Club Rd Ottawa, ON


Phone: (613) 737-7827

400 W Hunt Club Rd Ottawa, ON


Phone: (613) 737-7827

400 W Hunt Club Rd Ottawa, ON
45.335831 -75.720606
[schema type="organization" orgtype="LocalBusiness" url="" name="Star Motors of Ottawa Mercedes-Benz" description="" street="400 W Hunt Club Rd" city="Ottawa" state="ON" postalcode="K2E 1B2" country="CA" email="" phone="(613) 737-7827" logo=""]
Star Motors of Ottawa Mercedes-Benz
Star Motors of Ottawa Mercedes-Benz
400 W Hunt Club Rd
Ottawa, ON, K2E 1B2 CA
(613) 737-7827
Star Motors of Ottawa Mercedes-Benz 45.335831, -75.720606.