How Should You Pay for Your New Volkswagen?

Once you've selected the new Volkswagen vehicle you'd like to purchase from Fitzgerald Volkswagen Frederick, you'll have to decide how you're going to purchase it. You can finance the vehicle with a car loan and ultimately become the owner once you repay your loan. You can also lease your new Volkswagen, which enables you to drive the car for a certain amount of time for a lower monthly fee. Here's a look at the pros and cons of both of these options.

Financing

When you finance your new vehicle with a car loan, you'll enjoy flexible terms and competitive rates. We work with various financial institutions around Hagerstown to find you favorable loans. You'll have no mileage restrictions and automatically own your car once your payments are complete. Financing allows you to customize your car and sell it to another Leesburg, VA driver whenever you want.

Financing typically requires a higher monthly payment than leasing a vehicle. You'll also be responsible for any repair costs after the car's warranty expires.

Leasing

Leasing your vehicle allows you to have lower monthly payments with a shorter contract, which means you'll be able to upgrade to a new Volkswagen model more frequently. You never have to worry about selling the car on your own, and any warranties usually cover the vehicle for major repairs during the lease.

You will need to keep in mind that leasing may require you to pay for wear and tear charges on your vehicle after the lease is up. Other fees will apply if you drive extra miles around Gaithersburg or end the lease early.

Apply For Financing

No matter what option you choose, the finance experts at our dealership near Germantown can help. You can apply for a car loan or Volkswagen lease online or stop by to learn more about your payment options.