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[Solved] Whether to buy out lease or buy another vehicle

  

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Hi Scotty…I have a question regarding making a decision whether to keep my 2019 Mercedes Benz GLC 300 4Matic currently at mileage of 30700 which is due for lease completion this Oct 2021 as I did not have any problem for these three years even driving in the traffic of NYC. Please advise if I should buy out this vehicle as I have already put in significant amount towards it or consider buying new Honda or Toyota SUV. Thank you 😊


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We don’t recommend buying German vehicles, only lease them.  The thing about German vehicles people keep forgetting about is it’s not just the powertrain you need to focus on but all the electronics on board.  Did you know some German vehicles have over 100 computer modules on board?!  It’s a matter of time before they act up or go haywire on you, and then good luck getting it fixed - for complex problems you will have to take to a special shop that works on those vehicles or the dealer and they will charge an arm and a leg.  The smart way to own those modern complex German vehicles is to lease them under warranty.

If you are going to buy (not lease) a vehicle, look at a Toyota, Honda, Mazda, or Subaru.


Thank you very much Day for your insight. This will definitely help me make my decision.


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You already spent so much money on the Mercedes but believe or not, you will pay way more than that for repairs if you want to keep the car for a ling time. Get yourself a Toyota or Honda. 


Thank you Yasser for your input on my situation.


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