Buying vs. Leasing

Various Payment Options Make For A Smooth Ride

At Capital Volvo Cars, we are not just committed to helping you find the ideal vehicle, but we can also assist with the best way to pay for it.

When looking for a new or used vehicle, people have different objectives in mind. Some are looking for a long-term commitment and wish to buy that vehicle. Others are more interested in lower monthly payments and temporary possession of that vehicle, which is where a car lease may be a better option. There are certainly advantages to both routes. For a better understanding of how the buying and leasing process works, keep reading. You may then want to visit Capital Volvo Cars for more information on car loans, car leases and more.

Advantages To Buying Your Vehicle

The most popular method to acquiring a new car in America is buying it. In doing so, most of the purchase price is covered by financing, cash and/or a car's trade-in value. Often, an auto loan is possible to finance the vehicle you are buying. These are typically obtained from a bank, finance company or credit union. Until it's paid in full, the title of the vehicle remains in the lender's hands. Most loans are paid off entirely within 8 years, but often within as few as 3 years.

Another advantage to buying your new Volvo is the reality that equity could build up over time. In addition, when you buy that new Volvo, there are no limits as to the number of miles you can put on it and no restrictions as to how you wish to customize it.

To learn more about an auto finance, visit your Tallahassee Volvo dealership today.

 Secure a car lease or car loan at Crown Honda near Tampa, FL

Advantages To A Car Lease

For a host of different reasons, leasing a new or used vehicle is the preferred route for many. For starters, because you are not buying the vehicle, you're only paying a fraction of the cost of that vehicle. Specifically, you are paying for the depreciation of the vehicle for the length of the car lease. There will be an amount due at signing, after which time negotiated monthly payments begin. A typical car lease is for either 2 or 3 years.

There are a few things to consider when leasing a vehicle. While reasonable, there will be a set number of miles you cannot exceed over the term of the car lease. If you're likely to remain in and around the Tallahassee area, that number of miles should not be a concern. Also, as you are leasing the vehicle, you are not able to customize it. Typically, though, those looking to lease generally have no desire to customize.

While buying a car is an exciting long-term commitment, car leases keep you in position to regularly change up your driving experience. If you're still on the fence as to how you would like to proceed, visit Capital Volvo Cars today.

Online Is A Great Place To Learn More

If you're the type who prefers to privately crunch numbers and study up on your options, a great place to start is online. On our website, you will find a plethora of information, all of which will hopefully bring you in to Capital Volvo Cars with a confident stride.

Online, you can learn more about the buying process, how financing works and why car leases may be better suited for you. Whether it's in person or online, Capital Volvo Cars is riding shotgun with you to help enhance the entire shopping experience.

Count On Your Preferred Volvo Dealership For Buying And Leasing Options

At Capital Volvo Cars, we aren't just about selling cars. More importantly, we work with our customers to find the right way for them to do business with us. Whether that's through a car loan to help with an auto finance or through a car lease, we attempt to work within the comforts of our customers' parameters.

Whether you're looking to go the distance and buy that new, Certified Pre-Owned or used vehicle or if are more interested in a car lease, we are on board to get you back out onto the streets of Tallahassee with confidence and peace of mind. Visit Capital Volvo Cars for more information on what can work best for you.

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