Picking the perfect car can be a difficult decision - so why not make purchasing the car easy? By learning about your leasing and financing options, you can better decide which option is best for you.
At Parkway Volvo Cars, our finance team is dedicated to helping you find the best plan for your financial situation. But first thing's first: Find a general outline of what you should consider before you lease or finance a car.
What do leasing and financing have to offer?
Benefits of leasing:
- Monthly payments are lower.
- Factory warranties mean lower repair costs.
- You only pay sales taxes on a monthly basis for as long as your lease agreement lasts - not on the price or value of the car.
- You have the option of upgrading to a different model at the end of your lease.
Consider before you lease:
- Your lease agreement may include mileage and customization restrictions.
- You must return the car to the lessor after the lease ends.
Benefits of financing:
- After you complete the payments, you own the car.
- There aren't any restrictions on mileage.
- There aren't any restrictions on customization.
Consider before you finance:
- The monthly payments are more expensive.
- There are higher upfront costs.
- The maintenance costs are higher.
Whether you lease or finance, Parkway Volvo can help.
Parkway Volvo Cars is comprised of more than just top-of-the-line new and pre-owned Volvos. We have a finance center that knows how important a car is to your daily life and will tailor a financial plan to fit your needs.
With a network of financial institutions behind us, we can get you a competitive auto loan. Fill out our online finance application, give us a call at 877-835-8274, or come visit us at 5920 Market Street, Wilmington, North Carolina. We're proud to serve our neighbors from Ogden, Hampstead, Leland, and Carolina Beach.