The money you spend to get behind the wheel of a vehicle can be one of the most expensive financial investments that you make. With so much on the line, everyone in the San Leandro, CA, area wants to find the financing option that is best suited for their lifestyles and budgets. At McKevitt Volvo Cars, we understand that choosing between a lease or loan can be challenging, and that's why we're here to help.

Find out the difference between leasing and financing to discover the best option for you.

Lease vs. Buy: Which is Better?

The truth is that leasing and buying are both excellent options, but one may suit your lifestyle and budget better than the other. With each type of financing having its own advantages, you will have to choose the option that seems to be best aligned with your interested. To give you a better sense of which option is best for you, consider the advantages of both:

The Benefits of Leasing

Many choose to lease for the low monthly payments and ability to access the latest inventory. Since the primary cost of leasing is the depreciation of the vehicle during your term, you won't have to worry about paying off the entire sticker price. With more flexibility in your budget, you can enjoy the latest Volvo models and cutting-edge technology.

  • Pay less in sales tax
  • Save money with repairs when the vehicle is under that factory warranty
  • Easily transition to your next vehicle without bartering or selling

The Advantages of Buying

Many choose to buy for the long-term benefits and savings. With owning the vehicle, you will have more flexibility in ownership and when you choose to sell.

  • Build equity
  • No mileage limitations
  • Sell your vehicle or trade-in for savings

Get Started on Financing

If you want to get a head start on financing your next vehicle, contact our finance center and explore our online resources!

Categories: Finance, New Inventory