Leasing vs. Buying in Laurel

Leasing vs. Buying

Ourisman Volkswagen of Laurel

 

Here at Ourisman Volkswagen of Laurel, we field all kinds of questions about financing vehicles. But the most common question we receive is whether our customers should lease or buy their next vehicle. That's why at Ourisman Volkswagen of Laurel, we strive to ensure that every one of our customers knows the facts about buying versus leasing. Our team is eager to work one-on-one with you to find the best option for your lifestyle and budget, whether you lease or finance your next vehicle.

Ownership Path

Buying A Volkswagen

  • Build Long-Term Equity: If you like to keep your vehicle as long as possible, financing is a great option. While payments are typically higher than leasing, every payment builds equity toward eventual outright ownership.
  • No Mileage Limits: Unlike leasing, there are no mileage restrictions when you purchase a vehicle. If you put a lot of miles on your car, buying is your best option.
  • Payment-Free Ownership: Keeping your vehicle past the life of the loan means you'll eventually enjoy being completely free of monthly loan payments.
  • Lower Insurance Costs: Insurance premiums are generally lower on vehicles you purchase compared to vehicles you lease.
  • Freedom to Sell: You retain total control and are free to sell or trade in your vehicle at any time.
  • No Excess Wear Fees: You don't have to worry about minor carpet stains, scratches, or wear-and-tear fees that lease agreements charge at turn-in.
  • Full Customization: You are free to add custom accessories, window tinting, or performance modifications to personalize your vehicle.
Flexibility Path

Leasing A Volkswagen

  • Drive a New Model Often: If you love driving a brand-new vehicle and want to upgrade every two to three years, leasing is a great option for you.
  • Lower Monthly Payments: Monthly lease payments are typically lower than financing payments for the exact same car.
  • Low or $0 Down Options: Lease programs that require $0 or little money down are ideal if you prefer not to make a large initial cash down payment.
  • Warranty Protection: Leased cars are typically covered under the manufacturer's bumper-to-bumper warranty for the entire duration of the lease.
  • Latest Technology: Driving a car that is only a couple of years old ensures you always enjoy the newest high-tech features, safety systems, and infotainment options.
  • Try Before You Buy: Enjoy complete flexibility with zero buyer's remorse. At lease end, trade in for a newer model or exercise your option to purchase the vehicle if you've fallen in love with it.