When it’s time for a new car, you’ll find that there are countless options available to you. One choice that people forget to consider is to get a Volkswagen lease in Mokena rather than buying a vehicle outright. There are upfront and long-term advantages to leasing your next car. Learning about these benefits may help you choose a more cost-effective option.
Skip the Down Payment
On signing the lease, you won’t drive away without paying anything, but you’ll pay far less than the typical 20% down payment. In most cases, you’ll only need to pay the first month’s lease payment, taxes, registration, and title fees. An acquisition fee is sometimes added on as well, but, all together, these expenses are far less than a standard down payment.
Pay Less Each Month
In financing a vehicle purchase, your loan payments will be based on the total value of the car plus interest. In leasing a vehicle, your payments are based on the depreciation cost for the term of your lease. Adding the rental fee and taxes will still keep your monthly payments lower than most auto loan payments.
Get a New Car Easily
When your Volkswagen lease in Mokena expires, you won’t have to worry about trying to sell the vehicle. You simply return it to the dealership. At that time, you can walk away debt-free, renew your lease for the same vehicle, or start a lease for a new vehicle.
Find a great deal on your next vehicle when you visit Hawk Volkswagen of Joliet online.