For some drivers, buying a new car doesn’t mean buying the car to own it in the future. Sometimes, getting a new car means signing a lease so you can essentially rent the car for a certain period of time. But is it better to buy or lease a new VW? Learn more about the advantages of leasing and buying a vehicle before you visit a VW dealership.
Should You Buy or Lease a New VW?
Deciding whether you should lease or buy a car can be difficult. When you lease a car, you may end up paying for the vehicle for much longer than if you buy a car. But if you buy a car, you run the risk of a lower trade-in value if you ever want to upgrade your ride in the future. Additionally, leasing a car has less flexibility than buying a car, since you won’t be able to quickly resell the car for cash if your circumstances change.
Benefits of Leasing
Leasing is generally more affordable than buying, since monthly lease payments are much lower than conventional auto loan payments. The benefits of leasing a car include predictable monthly payments and low repair costs. In fact, the terms of your VW lease may even have free service for oil changes and routine maintenance. Leasing a car also gives you the opportunity to drive a vehicle with upgraded features since the overall cost of the monthly payment is lower.
Benefits of Buying
The main benefit of buying a car is that you will own it when you are done paying off your auto loan. Benefits of buying your car can include the ability to drive as much as you want, being able to customize the car, and not having to worry as much about wear and tear. Buying a car also has fewer unexpected costs since there aren’t any end-of-lease costs.
Can Your VW Dealership Help You Decide?
If you’re still having trouble deciding between leasing or buying your new VW, the finance department at your local dealership may be able to help you decide. The terms of your auto loan and what you can afford to pay for a new car will usually be the biggest factors in deciding whether you should lease or buy. However, if you’re determined to buy a car, the dealership finance experts can help you get certain deals or discounts to make your auto loan more affordable.
Whether you want to lease or buy a new VW, there are certain advantages you will want to consider. While many drivers like the upgrade flexibility of leasing a car, others feel more secure by buying one. To learn more about your finance options, visit Crain Volkswagen of Fayetteville today.
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