Buy vs Lease a Volkswagen

Discover if Buying or Leasing is The Best Choice For Your St. Louis Lifestyle

At our Volkswagen dealership in the St. Louis area, we understand how difficult the car-shopping process can seem. One of the biggest decisions you'll have is deciding whether to lease or buy your vehicle. There are excellent benefits for both, but you need to discover what works best for your particular situation. Below are helpful steps you can take when purchasing your next vehicle.

1. Research

To ensure you get what you want, make a list of your needs before arriving at the dealership. We have an extensive inventory of Volkswagen vehicles that you are sure to be impressed with. If you need plenty of space, you can choose our Volkswagen Tiguan SUV. Or, if you have a wide range of needs, the Volkswagen Jetta sedan is loaded with features to make your commute much easier. With our large selection, you have a terrific opportunity to get what you need. You can go online today to view our Volkswagen models and schedule a test drive.

2. Secure Financing

Once you pinpoint what you are searching for, you will need to choose if buying or leasing would be most beneficial. Here is an explanation of buying and leasing options to help you choose.

Benefits of Buying a Volkswagen Vehicle

When you own your Volkswagen vehicle, you may not need to purchase another vehicle for quite a while. By getting the necessary service and repairs, it can serve you well for many years.

Ownership

You may decide to pay for your vehicle in full with cash, or you may need to make payments with a financing plan. As long as the agreed-upon amount is paid, you will own the vehicle. This means that you are free to drive it as much as you like or try customizations to adjust the appearance.

Value

As soon as you drive off of the car lot, your car starts to depreciate. However, you will receive a great price for it when you want to sell or trade for a newer model. Volkswagen vehicles are known for holding their value over time, so you should have less trouble locating a willing buyer.

Payments

The monthly payments are typically higher when you are financing instead of leasing. This is because you are paying for the full cost of the vehicle. Once the final payment is made, you will receive proof that the vehicle is yours.

Benefits of Leasing a Volkswagen Vehicle

Leasing is a less costly option to try because you are paying a percentage of the final price. When your lease agreement ends, you can bring it back to the dealership and move on to a newer model.

Ownership

Leasing is a great alternative if you are not concerned with owning your vehicle. You are paying for the time that you use it rather than the total price. All you need to do is decide on an amount of time to use the vehicle.

Value

You will not have to be concerned with a trade-in or resale value while leasing a vehicle. Your main concern will be staying within mileage limits and avoiding excessive wear and tear. That way, you will not have additional fees when the car is returned.

Payments

Leasing payments are usually lower than loan payments because you are paying for limited use of the vehicle. Once the arrangement is over, you will have the chance to return the vehicle or purchase it if you would like to keep it.

3. Finalize the Deal

You are welcome to complete our finance application online to save time once you arrive at Dean Team Volkswagen of Ballwin. After selecting the Volkswagen you want and completing your test drive, our finance team can discuss any sales, incentives, rebates, and discounts to add to your loan or lease. From there, they can arrange a payment plan that corresponds well with your budget. If you're in Ballwin or beyond, you can count on us to help in any way we can.