There are a lot of decisions to make when it's time to get a new vehicle, and our team is here to make your shopping experience less stressful. One of the questions many of our Palo Alto customers ask most often has to do with vehicle financing. They want to know whether leasing or buying their new model makes the most financial sense. If this is your question as well, we're happy to advise you on the best Volvo financing for your specific needs.
When to Consider a Lease
While there's no one-size-fits-all solution for consumers, those who are primarily concerned with affordability may wish to consider a lease. Leasing is typically a more budget-friendly option when it comes to monthly payments as well as maintenance costs. Both costs are usually lower than if you choose to take out a loan. Leasing is an excellent option for anyone who enjoys upgrading to a brand new model on a frequent basis, as most lease terms are between two and three years in length and allow you to get a new car. There are usually restrictions on yearly mileage, so be sure to keep that in mind. However, if you don't drive far distances around San Jose and beyond, it should be no problem.
Why Buying Can Make Sense
On the other hand, there are plenty of drivers who prefer not to be tied down by lease provisions regarding mileage and vehicle condition. They may also want the opportunity to build equity in their new Volvo model as they continue to make payments. Another benefit of conventional financing is ability to continue driving the vehicle around Monterey or pass it on to younger family members when it's paid in full. You can also customize your Volvo vehicle to your unique Seaside, California lifestyle with genuine OEM accessories too.
Apply for Volvo Finance
If you still have questions, our Volvo finance team is here to help. You can reach out by phone or stop by to meet with us at our dealership. One of the most convenient and time-saving ways to begin the process is to apply online at our website from the comfort of your Salinas couch. We're here to make your life a little simpler, so don't hesitate to contact us. We look forward to seeing you at Volvo Cars Monterey soon.
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Finance