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Leasing vs Financing
Leasing VS. Financing
Leasing a Volkswagen vs Financing a Volkswagen
When you're looking to buy a new Volkswagen, you have one of two options. You can lease it, or you can finance it. If you've never bought a car before, or have only done one of the options, you may be a bit confused about what both of the routes entail. For that reason, we thought it would be helpful to take a closer look at and compare some of the benefits of leasing and the benefits of financing.
Leasing Benefits
- Payments are often lower than they are when financing as only a portion of the car is being paid for
- Short terms (typically three years) make it possible to drive the latest Volkswagen models
- Terms are often much more flexible and mileage options can be customized to fit the driver
- Can buy the car after the lease or return it and lease a new one
Financing Benefits
- Ability to actually own the vehicle and reach a point where monthly payments are no longer necessary
- No stress of extra payments from end-of-lease obligations such as excess wear and tear
- Zero restrictions on personalization and customization, as well as zero restrictions on mileage
- Competitive rates and flexible terms from Volkswagen Credit
Should I Lease or Finance my Volkswagen?
As you can see, there are benefits to leasing, as well as financing a Volkswagen. The final decision is ultimately up to you, and the best option really depends on the type of driver that you are. If you don't put more than 10,000 miles on your car every year, enjoy lower payments and like to switch things up every year, you are likely better off going with a lease, which can be done with help from Volkswagen Credit. There are a number of lease options with terms and mileage to fit your lifestyle.
On the other hand, if you eventually want to put an end to monthly payments and want to make your Volkswagen your own with bumper stickers or any aftermarket parts or accessories, you may be best off looking into financing. Much like leasing, there are a number of options to help make things affordable.
More Information on Leasing and Financing
If you are looking to learn more about the benefits of leasing or financing a Volkswagen, we encourage you to get in touch with us here at York Volkswagen. We would be more than happy to breakdown the advantages of both options and find the one that works best for you and your lifestyle. If you want to get right to business, we suggest that you fill out our online credit approval application. As soon as you fill out the secure form and submit it, one of our finance specialists will be in touch with more details.