Can You Lease a Certified Pre-owned Mercedes-Benz?

You used to be able to lease a CPO Mercedes-Benz. While Mercedes-Benz Financial Services has discontinued the certified pre-owned Mercedes-Benz leasing program, they have something better than a CPO lease for you to consider. Take a moment to learn about the retail balloon finance program, which makes financing especially affordable and renders the need for a certified pre-owned Mercedes-Benz lease obsolete. Then, fill out a finance application and contact Performance Mercedes-Benz to schedule some test drives of our certified pre-owned Mercedes-Benz models in St Catharines!

Considerations to Make When You Balloon Finance a Used Mercedes-Benz

You cannot lease a certified pre-owned Mercedes-Benz model any longer. However, Mercedes-Benz offers a program as an alternative to a CPO lease where you can make one large payment at the end of your financing term and much smaller payments for the majority of your financing term. While you’ll need to prepare for the large payment at the end of the term, this makes your month-to-month budget for the first several years quite flexible and as easy on your budget as a certified pre-owned Mercedes-Benz lease would have been. At the end of your finance term, you’ll have the option to buy out the remaining value or trade your vehicle in for another one on our lot.

In addition to the affordability of the retail balloon finance program, which is comparable in affordability to leasing a used Mercedes-Benz, there are other budget-friendly perks to buying used:

• Used cars tend to depreciate much more slowly than new or nearly new cars, so you can expect your monthly payments to be even more affordable!
• On average, used car drivers pay lower insurance premiums.
• When you finance, you retain the right to sell your car at any moment, meaning that your payments build equity, which you can recoup from the sale!

Perks of Certified Pre-owned Mercedes-Benz Models

Certified pre-owned Mercedes-Benz models are used vehicles that have undergone a 166-point inspection at the hands of certified Mercedes-Benz mechanics. When they pass the inspection, they’re certified as being in “like-new” condition. If they fail any one of the 166 criteria, they must be refurbished with OEM Mercedes-Benz parts until they pass the test. They also offer Niagara-on-the-Lake driver’s 24/7 roadside assistance and extended warranties!

Finance a Used Mercedes-Benz Near Pelham!

Now that you know that you cannot lease a certified pre-owned Mercedes-Benz, call Performance Mercedes-Benz at 905-685-3838 to discuss your balloon financing at our St Catharines showroom. You may not be able to lease a used Mercedes-Benz, but there are plenty of other affordable paths to driving a Mercedes-Benz. We look forward to showing you all of the options you have besides a certified pre-owned Mercedes-Benz lease!

While you’re here, explore our answer to the question, “What does certified pre-owned mean?”, as well as our more in-depth overview of the differences between certified pre-owned and used vehicles!