Should I Buy or Lease?

Mercedes-Benz A-Class Driving

While shopping for a new vehicle can be exciting, it can be a little confusing which is the best financial path to take. If you’re car shopping and questioning, “Should I buy or lease,” you aren’t alone. When it comes to picking between a lease vs. financing, there isn’t really a wrong choice, but one might be a better fit for your situation. Star Motors of Ottawa Mercedes-Benz covers the benefits to both to help you weigh your options below.

Benefits of Buying

  • No Kilometrage Restrictions: If you’re on the road a lot for work or enjoy road trips with your family and friends, buying gives you that freedom. With leasing, there are kilometrage restrictions that could come into play if you spend a lot of time behind the wheel.
  • Customization: When you own your vehicle, you are free to customize and personalize the vehicle to your heart’s content. From increasing performance to sprucing up your vehicle with new paint or Mercedes-Benz accessories, you’re free to make any changes you desire. 
  • Ability to Sell: Since you’re not locked into a lease agreement, you’ll have the option to sell your vehicle at any time. 
  • Interest Rates: When financing, you’ll have the option down the line to refinance for a lower interest rate.
  • Less Cost Over Time: Buying a new vehicle can cost more upfront, but costs decrease over time, especially once you’ve paid off your loan and no longer need to make monthly payments. 
Mercedes-Benz C-Class Parked Outside Home

Benefits of Leasing

  • Lower Payments: When leasing, you often don’t need a down payment and can enjoy lower monthly payments.
  • Trade-Ins: Once your lease contract is up, you can simply return your vehicle and keys to the dealership and pay any remaining fees. Then, you’re free to leave, choose a new lease, or purchase a vehicle. 
  • Great Coverage: Thanks to maintenance and warranty coverage, most issues that pop up will be covered as long as you haven’t exceeded the lease kilometrage restrictions. 
  • Options: With leasing, shoppers are often able to afford more expensive trims and features than they could when buying. In addition, they’re able to upgrade their vehicle every few years to always have access to the latest technologies.
Mercedes-Benz GLS Parked Outside Home

Speak With Our Finance Centre to Learn More!

Want to speak with a professional about the pros and cons of a lease vs. buying? Get in touch with the professionals at our finance centre to discuss your financing options and other car buying tips. Ready to make a purchase? You can prequalify for credit online!

More From Star Motors of Ottawa Mercedes-Benz

  • 2020 Mercedes-Benz GLS Price

    Ready to make a luxurious upgrade to your driving experience in Nepean-Barrhaven? You’d be remiss not to check out the 2020 Mercedes-Benz GLS at Star Motors of Ottawa Mercedes-Benz! With two well-appointed trim levels available to meet the unique expectations of Ottawa families, this full-size SUV is sure to impress. How will the new GLS fit into your budget?…

  • The All-New Mercedes-Benz GLB SUV

    Looking for a superb SUV with a spacious interior, sporty performance, and loads of style? The all-new Mercedes-Benz GLB is the perfect choice for the Nepean-Barrhaven and Stittsville-Kanata area. Not only is this SUV packed with practical features for your busy life, but it’s also outfitted with all the luxury features that make Mercedes-Benz such…

  • What is Mercedes-Me

    Powered with mbrace®, Mercedes me stores a variety of information and features in an easily accessible app. Using the Mercedes me app, you can connect to a variety of features on your new or certified pre-owned Mercedes-Benz via your smartphone, laptop, tablet, or other iOS or Android device. Explore the Mercedes me perks and packages…

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: 8:30am-5pm

Open Today! Service: 7am-5pm

Open Today! Parts: 7:30am-5pm

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
Star Motors of Ottawa Mercedes-Benz 45.335831, -75.720606.