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Tag : auto insurance

25 Feb 2015
2016 Mercedes-Benz E-Class

Leasing vs Financing Explained

Unsure whether to lease or finance your next Mercedes-Benz? Explore the differences of Leasing vs Financing Explained below. Lease Finance Balloon Finance An agreement between the lessor and lessee for the use of the vehicle for an agreed upon number of months and miles. Lessee does not own the vehicle. A lease offers flexible terms and variable mileage options. A simple interest retail installment loan for the purchase of the vehicle. A simple interest retail installment loan for the purchase […]