Buying vs. Leasing a Volkswagen
What's the Difference?
Buying a new Volkswagen is a thrilling adventure, but one of the biggest decisions you'll make is whether to lease or borrow your new vehicle. Each option has its own unique benefits, and the right one is perfect for your lifestyle, driving habits, and financial goals. At Winn Volkswagen, we're here to guide you through the decision so you can ride off in a vehicle that's tailored for you.
Should You Lease or Finance Your Next Vehicle?
Financing and leasing are two of the most popular methods of paying for your new Volkswagen. Both options have a range of benefits, and knowing about them will allow you to decide which is most suitable for you.
Financing a Volkswagen
Financing is the best option if you want to own your vehicle outright. With financing, you make a monthly payment until the loan is paid off, and the vehicle becomes yours with no further payments. With this option, you own the vehicle outright, so no mileage restriction, freedom to customize your vehicle as you please, and the right to keep it as long as you wish. Financing is most often the ideal option for those who plan on keeping their Volkswagen for a long time./p>
Leasing a Volkswagen
Leasing is the preferred option for those who enjoy changing cars every few years. On a lease, you pay for the portion of the car you use for the duration of the lease, typically less each month than financing. At the end of your lease, you can return the vehicle, trade for a new car, or explore purchase options if you prefer to have it. Leasing is a great choice for someone who likes the latest features and driving a newer vehicle more often.
Benefits of Financing a Volkswagen:
- Straight-out ownership once you've paid off your loan
- No mileage limit
- Freedom to customize and keep your car as long as you’d like
Benefits of Leasing a Volkswagen:
- Lower monthly payments compared to financing
- Opportunity to upgrade to the latest models more frequently
- Access to advanced features without a long-term commitment
Which Option is Right for You?
It just comes down to your life and driving styles. If you drive a lot, want no mileage limit, and want to have your car for many years to come, then financing may be the option. But if you like freedom, like changing to new models every few years, and want lower payments each month, then leasing may be the option.
Whichever you decide, our professionals at Winn Volkswagen of Newark, CA are here to guide you through the process. Our finance specialists will be more than happy to explain your options for you, provide trade-in assistance, and develop a plan that fits within your budget. Contact us today to learn more, locate current Volkswagen models, or schedule a test drive and find out what vehicle feels like home to you.