Creating an Enjoyable Car-Buying Experience in Bradenton, FL

The team at Bob Boast Volkswagen in Bradenton, Florida, is ready to help you find a new car and get an outstanding financing package. We are dedicated to providing our customers with a stress-free and convenient shopping experience to make ownership enjoyable.

Part of our dedication includes working with our customers to build affordable loans and leases, but how do you know which is right for you? Understanding the differences between leasing vs. financing a car can help you make a choice that works for your driving needs and budget.

Why Lease a New Volkswagen

Leasing a new Volkswagen is a great choice for anyone who likes to have a new car every two years and drives under 15,000 annual miles. Most Volkswagen leases have terms between 12 and 48 months. They also have annual mileage limits between 7,500 and 15,000 miles. When the lease closes, drivers bring the vehicle back to the dealership or purchase it outright.

A lease is similar to a long-term rental car. You pay for the vehicle during the term of your lease. Lease payments include the sticker price minus the residual value, so the monthly cost is less than a traditional car loan. The lease payment also includes interest and fees assessed by the leasing company.

Most leases are for two or three years, so people who lease vehicles get to take advantage of the manufacturer’s bumper-to-bumper warranties. Because the monthly payments are low, shoppers can often choose a better trim than if they purchase a vehicle.

Why Finance a New Volkswagen

Yes, leases offer low payments and manufacturer’s warranties, but they have some limitations that don’t come with new car loans. Leased vehicles have mileage and modification limits, but financed cars do not. If you are deciding between leasing or buying, your choice might come down to price or mileage limits.

Auto loans include the entire sticker price, while leased vehicles do not. Auto loans often have higher monthly payments than leases, but lenders are offering longer loan terms - often between 72 and 92 months. These longer terms make loan payments more affordable.

When buying a car, it’s important to consider several factors. One is the number of miles you drive annually. If you exceed 15,000 annual miles, then a loan is probably a better deal. Another is the interest rate and term. Some lenders are still offering low rates and vehicle incentives, even as low as zero percent. It’s also important to consider how you drive, as excess wear and tear can cause leasing companies to charge fees for the damage.

Enjoy the Benefits of Leasing or Financing Your New Car at Boast Volkswagen Near Bradenton Beach, FL

We invite you to visit Boast Volkswagen near Holmes Beach to explore our Volkswagen lineup and financing specials. Our sales team can help you schedule your test drive, and our finance team will help you understand your loan or lease contract