You have two options when you find the perfect vehicle here at Volvo Cars Auburn. You can buy a new Volvo car and take out a loan or lease your vehicle. Which choice is best for you can depend on a few factors, so it's important to compare both options and think carefully about your driving habits and the considerations that follow so you can make an educated decision.
How Much You Drive
Leases often contain mileage limitations. If you go over this limit, usually around 12,000 miles per year, you can pay extra fees when you turn in your car. If you have a lengthy commute, travel for work, or simply love road trips, you might want to consider buying a car instead. You can drive a purchased vehicle as far as you want to each year without fear of penalties.
Your Budget
A lease is often less expensive than a Volvo financing agreement would be. Monthly lease payments are usually lower than loan payments, and you may not even need to put money down when you lease a Volvo car. Leasing can be a great way to get “more car” for your money and drive around in a more expensive or luxurious vehicle if you can adhere to all of a lease agreement's rules.
Service and Parts
New Volvo cars come with Complimentary Factory Scheduled Maintenance for three years or 36,000 miles, which tidily overlaps with most lease terms. Buyers have to pay for service past that interval, but they can also equip their car with accessories and performance parts if that is their preference. Buying your next Volvo car is wise if you like to customize your vehicle.
Whether you take out a loan or lease your new Volvo car, our car dealers in Auburn, MA, can help. We hope to see you soon for a test drive!
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