The advantages of leasing a vehicle are overwhelming. However, for many drivers, choosing a Volkswagen lease Evanston comes down to driver priorities. Before you decide to either buy or lease a new Volkswagen, take a few minutes to learn the two finance options’ critical differences.
A lease is a long-term agreement with a dealership to rent a car for an extended period. Generally speaking, a lease agreement falls between 36-48 months. Lease agreements are typically based on mileage and usage on the car – meaning your payments are dependant on how much you use a vehicle. Once your lease agreement ends, you have the choice to return the vehicle – or purchase the car at a pre-determined price.
Lease payments tend to be notably lower than a car payment. Partially this is because you are not building equity in the car – just paying the car’s depreciation while you drive it. A loan payment is calculated on the sales price, interest, and the number of months to pay off the car. A Volkswagen lease Evanston payment is based on how long you will drive the vehicle and expected mileage.
One of the most significant advantages of a Volkswagen lease Evanston is the simple fact that you will enjoy worry-free maintenance. Many new cars offer a warranty that lasts up to three years. However, when you take a car out with a three-year lease, you can be sure that most repairs will be covered. Lease agreements eliminate the risks of unforeseen expenses.
If you purchase a car and want to upgrade, be prepared to head into the dealership to negotiate a fair trade-in price. Or you have to haggle with a private buyer. It is a simple process to either turn your car in at the end of the contract or buy the vehicle for a pre-determined price with a lease agreement. It is simple and stress-free.
The best way to learn if a Volkswagen lease Evanston is best for you is to head into a showroom and speak with our team. Our sales professionals can get you behind the wheel of your dream Volkswagen, while our finance team can work with you to determine which lease option best meets your financial goals. Call 847-866-7600 or stop by our showroom to schedule an appointment, located at 1033 Chicago Ave. in Evanston, IL. Our finance experts are here to guide you through the financing process and help you get into your new vehicle. Contact City Volkswagen of Evanston’s finance team today or if you’re ready to start the financing process, you can fill out our secure finance application online.
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847-866-7600
Call Now1033 Chicago Ave. • Evanston, IL 60202
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