Are you looking to buy a Volkswagen vehicle in the near future? Most people either consider leasing the Volkswagen vehicle or financing it for full ownership. While you may have a general idea of what you want to do, here is a comparison between the two options to help you make the best decision.
Why You May Want to Lease Your Next Volkswagen
– You may want to turn in your vehicle for a newer or different Volkswagen model in the near future.
– You don’t want to pay full price for a vehicle if you don’t drive very often. Leasing may be the better choice to due the mileage options.
– You understand that the value of cars depreciate very quickly and don’t want to lose a lot of value when selling a used car.
– The monthly payments for leasing may be more affordable than financing depending on various factors like lease terms, down payments, and your credit score.
Why You May Want to Finance Your Volkswagen Purchase
– You like the idea of owning a vehicle outright. You can customize the vehicle and sell it whenever you want to get a newer or different model.
– The particular Volkswagen model that you’ve been considering is known for its high resale value and reliability ratings.
– You do not want to deal with mileage restrictions that are typically set when you lease a vehicle.
– You have an excellent credit score and history. As a result, you’re able to secure great financing rates.
– You can work with your Volkswagen dealer to get a payment term that is accommodating to your financial situation.
Some people do not like being tied to one car. Every few years, newer models with new technology, improved performance, and improved safety features are released. It might be just as financially sensible to make a purchase using the various financing options. The bottom line is everything comes down to your needs and wants. If you are unsure about what to do, start with a lease. At the end of the lease, you can decide to trade in, pay off the remaining balance for full ownership, or lease another model.
For more information about leasing versus financing, contact York Volkswagen.
Connect with us
