Leasing or Buying Your New Volvo: Which is Right for You?
At The Volvo Store, we get a lot of queries from drivers across Winter Park, Orlando, Sanford, and Apopka FL as to whether or not leasing or buying is the best way to negotiate your new vehicle acquisition. The answer is largely based on your personal preferences. Both financing and leasing have benefits that can help you get the Volvo car or SUV you want that best suits your budget. We know every customer's situation is different, so read on to learn a little bit more about each process to help determine which financing fit is right for you.
Financing a New Volvo
Financing your new Volvo means purchasing it outright - it's all yours once you've completed your course of payments with your lender. Your car is then yours to keep, sell privately or trade-in for one of the latest editions in our expansive lineup of Volvo vehicles.
Finance packages mean you're not subject to the mileage restriction found in many leases. And since many of our finance packages allow you to pay a higher total amount off over the course of your loan, you might choose to explore Volvo customization offers like interior fabrics, technology upgrades and paint color.
Leasing a New Volvo
When you lease your new Volvo, you agree to drive it for a stated period of time in exchange for regular monthly payments. The greatest advantage to leasing is that you can upgrade to a new Volvo model sooner, since most common lease agreements only have terms between one to four years. Leasing is a great way to stay on the cusp of the brand's most recent breakthroughs in performance and safety.
While lessee's are often beholden to a mileage limit, we also offer drivers from across Florida the option of a high-mileage lease option that better suits their long-term transportation needs.
The Volvo Store family invites you to contact us today with any questions you have about our numerous car finance options. You can also get started by filling out our online finance application! Better yet, stop by our Winter Park headquarters today to ask us in person, and to test drive the new Volvo model you've been eyeing.