Financing or Leasing a Volkswagen

first person point of view of wireless keyphob held in front of a New 2024 Red Volkswagen Atlas 6 seat SUV in the foreground

Lease or Finance a Volkswagen with Bob Moore Volkswagen

Does it make more sense to lease or finance your Volkswagen? Bob Moore VW can help! We offer a variety of Volkswagen financial services to help ensure you get the keys to your next Volkswagen, if attainable and affordable. Our on-site VW Finance Center has all the tools you need to get started. We want to ensure you have all the information you need to make an informed purchase, and we’re here to help with any questions you may have about Volkswagen leases, interest rates, loan types, and more. We know just how intimidating it can be to purchase a new car and want to help you get the most out of your experience. When you settle on your next Volkswagen, you’ll need to decide whether you’d rather lease or finance it. Which is best? That depends on the car buyer! Both have distinct advantages and disadvantages, which we’ll outline so you can determine which path makes the most sense for you. If you still have questions about purchasing your next car, contact Bob Moore Volkswagen dealer!

 

 

Woman applying to lease a Volkswagen from sitting in the driver seat of her car

Benefits of Leasing a Volkswagen

When you lease a Volkswagen, you’ll get a brand new vehicle for a predetermined amount of time, with a set number of miles you can drive. Some of the benefits of a Volkswagen lease include: 

  • Lower monthly payments
  • More flexible terms with different mileage plans
  • Ability to purchase or upgrade your vehicle at the end of the lease

The biggest reason to lease your next Volkswagen is the lower monthly payment. Since leases represent less risk to dealerships, they can pass those savings along to you in your lease term. Lower payments mean you can access higher trim levels, bigger models, and premium features. We also offer a range of Volkswagen lease specials, making leasing even more affordable. While leasing has numerous benefits, it also has some drawbacks. The most significant being that you do not have outright ownership of the car. You can’t sell the vehicle when you choose, as the dealership still owns it. Your usage is also more restricted, with the possibility of fees should you exceed the set mileage limits. If you want to build equity in your car, financing is the best route to take. If you want to lower your payment and try a car out for a shorter time, leasing makes more sense!

When to Finance a Volkswagen

As mentioned above, financing is a path towards outright ownership of your vehicle. While you’ll have a loan on the car, you have equity in it and can decide what to do with it at any given time. Some of the benefits of traditional financing include: 

  • No mileage restrictions or fees for excess use
  • Flexible loan terms and competitive interest rates
  • Positive equity so you can sell or trade it in

The equity and ownership of the car are the reasons most people opt to finance. While ownership is preferable, it does come at a cost. Loans are riskier for the dealership and come with larger monthly payments. While leasing is typically reserved for new vehicles, you can finance a wide range of used vehicles, making it an increasingly popular option. To learn more about financing or a car lease OKC, visit our Oklahoma City Volkswagen dealership!
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