Leasing a car is a widely misunderstood process. Here, the team at Patrick Volkswagen debunks three common Volkswagen lease misconceptions.
Myth: Leasing a Car is More Expensive Than Buying
Many people believe that leasing is more expensive than buying, but in fact, the opposite is true. When you lease a car, you typically pay less monthly. This is because when you buy a vehicle, you pay for its entire value. However, with leasing, you only pay for the vehicle’s value during the lease period.
Myth: Leasing Comes with a Very Strict Mileage Limit
While it’s true that your lease agreement will come with a yearly mileage limit, it is usually around 15,000 miles, which is more than what the average driver racks up every year. If you do drive more than that, you can opt for a high-mileage lease, which can increase the limit to 20,000 miles.
Myth: You Have to Return Your Car at the End of the Lease
When your lease is up, you only have to return your car if you want to. If, however, you realize that you love it and don’t want to turn it in, you will have the opportunity to buy it. You can also request a lease extension.
Learn More About Leasing at Patrick Volkswagen
If you’re still not convinced leasing is a good choice for you, come down to Patrick Volkswagen. We’ll further discuss the benefits and let you know about our current lease offers.