The phrase refers to agreements allowing individuals to utilize a specific model of luxury sport utility vehicle manufactured by Mercedes-Benz, the GLC 300, for a predetermined period and under defined financial terms, without outright ownership. These arrangements typically involve lower initial costs compared to purchasing and can include options for upgrading to newer models at the lease’s conclusion. For instance, a consumer might enter an agreement to drive a 2024 GLC 300 for 36 months, paying a monthly fee and adhering to mileage restrictions.
Such contractual agreements offer several advantages. The lessee benefits from driving a current model vehicle, often equipped with the latest technology and safety features, without the long-term financial commitment of ownership. These agreements can also simplify vehicle maintenance, as routine servicing is frequently included. Historically, these arrangements have become increasingly popular as consumers seek more flexible and affordable access to premium vehicles.
