Should I Buy or Lease My New Volkswagen?

Which financial option is best for you?

Should I Buy or Lease My New Volkswagen in Eugene, OR?

Here at Volkswagen Eugene, we want to make sure you have a seamless experience no matter if you’re buying or leasing a new Volkswagen. In fact, to make the process even easier, we’ve designed a simple chart that goes over the differences between a car loan and lease. We want to make sure you have everything you need to make an informed decision on your next big investment. Browse the pros and cons of either option before you sign on the dotted line. To simplify buying or leasing a car even more, we offer an online pre-approval application — you’ll be prepared before you even open the door to our finance office. Ready to kickstart your research? Continue reading to learn whether purchasing or leasing a new Volkswagen is right for you!

How Do Car Loans & Leases Differ? Loan Lease
Path to Ownership
Upfront Costs

Cash price or a down payment, taxes, registration, and other fees.

First month’s payment, refundable security deposit, acquisition fee, down payment, taxes, registration, and other fees.

Lower Monthly Payments
Customization Allowed
Covered Under Warranty
Future Value

All vehicles depreciate, but you’ll have equity when trading or selling.

The future value doesn’t affect you.

Unlimited Mileage
Fees for Excessive Wear and Tear
Fees for Early Termination
End of Term

You’ll have full equity to do what you want with the car.

Purchase the vehicle, or buy or lease another car.

Vehicle Return

Sell or trade.

Return the vehicle at lease-end and pay any applicable fees.

Why Purchase a New Volkswagen?

Buying a new Volkswagen is the best way to attain a new ride and have complete control over its customizations. Once you build up equity through timely monthly payments, your ride is either yours to keep or you can trade it in for a newer model. Trading your ride for a new one is a cost-effective way to upgrade to a new car. Another plus to buying a new vehicle is that there are no fees or mileage limitations you need to be aware of. Experience the freedom of upgrading your car’s sound system, exterior accessories and more. While there are great pros to owning your vehicle, you should consider the cons, as well. Keep in mind the higher monthly payments, credit approval process and down payment requirements that come with buying a new ride.

Why Lease a New Volkswagen?

With the continuous rise in car prices, leasing a vehicle is a very appealing option since the monthly payments are typically lower than if you were to purchase a new ride. Leasing a vehicle relieves a lot of stress that comes with car maintenance, since you’ll be driving the new model during the most hassle-free time of its life. Lease terms generally last up until the car’s limited warranty expires, so maintenance coverage won’t be an issue! Once your lease term comes to a close, you can return the car to our dealership, pay any fees you owe and choose your next new ride to lease! This is a fun way to test out all the bells and whistles of new models without a hefty commitment. However, keep in mind that leasing comes with its own set of cons, including mileage limitations, no customization allowed and fees for wear and tear and early termination.

If you’re ready to be the proud owner or lessee of one of our new models, feel free to contact us or visit Volkswagen Eugene at 89320 N Game Farm Rd, Eugene, OR 97408 . We look forward to serving customers near Springfield, Salem, Roseburg and Albany.

*Visit Consumer Reports’ page for more information on whether you should buy or lease.