If you are thinking of buying a new Volkswagen, you are certainly not alone. There are many new VW models that people have been considering, such as the VW Golf hatchback, the VW Passat sedan and the all-new VW Atlas SUV. However, before deciding to take out a loan, it is a good idea to consider the advantages of financing and leasing. Here we will take a closer look at some of the reasons why the people might consider leasing their next Volkswagen.
This is a problem that concerns many car buyers. That's why we want to help you make the right financing decision when getting your next new Volkswagen. And while buying may be a good option for many, it's not always the best for everyone. Leasing is becoming more and more popular with car buyers who are looking for more flexibility. Let us go ahead and discover some of the many benefits of leasing.
Why You Should Lease A Volkswagen Instead Of Buying
There are many good reasons to buy a vehicle, and there are many great lease deals available from Volkswagen. However, it often happens that it makes more sense for drivers to lease a vehicle. Here are some examples:
- Good Deals: When you decide to lease a vehicle instead of financing it, you will usually have a low down payment (and sometimes no down payment) as well as lower monthly payments. You can either pocket this extra money or upgrade to a more upscale model with more premium features and performance. Large deposits can be daunting for many people. And because many experts suggest depositing as much money as possible to reduce monthly payments, many drivers are forced to dip into their savings. This is not the case with a lease, as it often requires only a minimal deposit or nothing at all.
- The Latest Features: In general, leasing durations are much shorter than they are if you finance a vehicle. If you like the idea of taking advantage of the latest infotainment and performance features, as well as indoor and outdoor updates, you can take advantage of it more often if you lease, as the average lease term is around three years.
- No worries at the end of the term: If you finance your vehicle, it will be your responsibility to know what to do with the vehicle once your loan is paid. When you lease, all you have to do is return your vehicle to your VW dealer and take out a brilliant new lease. You will usually even be able to purchase your lease at the end of the lease term if you enjoyed driving it.
- Reduced maintenance costs: Fully financed vehicles can give you the headache of having to shell out a lot of money to fix them. With a lease, your maintenance and repair costs will generally be very low, plus most Volkswagen leases will be new vehicles, which would come with a manufacturer’s warranty.