Volvo Leasing & Financing FAQs


The Volvo Store

1051 W Webster Avenue
Directions Winter Park, FL 32789

  • Sales: (407) 628-0550

Volvo Leasing And Financing Frequently Asked Questions

Whether you've financed a new or used car in the past or this is your first time considering a Volvo lease or loan, you'll find that there are many questions involved in the car financing process. While our experience auto financing team is always available to help our Winter Park, Orlando, Sanford, and other Florida drivers with their car financing questions, we have a few of our most frequently asked questions answered below.

What's The Difference Between A Lease And A Loan?

Leasing and loaning are both great auto financing options that come with their own set of pros and cons. When deciding between the two, the bottom line can be determined by your specific preferences, what type of payment you're looking for, and what your lifestyle is like. Here's a closer look at each car financing option:

  • Volvo Leasing - When you lease a new Volvo car or SUV you'll be receiving the newest Volvo vehicle for a generally less expensive monthly payment and with little or no down payment needed. You'll drive this vehicle for the length of the lease, usually about three years, and will then have to either trade it in for a different lease or purchase your current lease outright. A lease does come with some restrictions, such as a mileage cap, wear and tear charges, and other potential fees, but if you stick to the rules you could drive the latest Volvo vehicle every three years or less.
  • Volvo Loaning - When you loan a Volvo car or SUV you own your vehicle. Typically, a loan is more expensive in the beginning, but, over time, it becomes the less expensive option. Once your loan is paid off, you won't have any more car payments and, because it's your car, there are no limitations or fees to worry about. Drive it as much as you want, sell it when you need to, or customize it however you'd like.

Do I Need A Down Payment?

While not every car financing option needs a down payment, most do require one. Not only will you let your lender know that you can handle the loan, but the benefits of putting down a large sum of money helps your monthly bill woes. In fact, the larger the down payment, the lower your monthly payment will be.

Can I Use A Trade-In Towards My New Volvo Vehicle?

Yes. If you aren't sure what to do with your current car, truck, SUV, or van, allow us to provide you with a fair trade-in estimate. We can use that amount towards your new Volvo car or SUV or new-to-you used vehicle, which will save you money in the long run and every month when you pay your bill.

How Can I Save Money On A New Or Used Volvo Vehicle?

Here at The Volvo Store, we have many ways that you can save more of your hard-earned money on the Volvo car, SUV, or wagon that you love. Search through our current new vehicle or used vehicle specials and see what Volvo incentives we have available. You never know how much money you could save.

To Learn More Visit The Volvo Store In Winter Park, Florida

Whether you live right here in Winter Park or you're visiting us from Apopka, South Apopka, Lake Nona, Windermere FL, Castleberry, or beyond, we'd love to have you ask our finance team whatever auto financing questions you may have. We can help you find the perfect financial option for your preferences and can assist you with every piece of paperwork. If you'd like, you can even get started on the car financing process by utilizing our online finance application. Fill that out and then stop by our The Volvo Store finance center today!

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